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Some of the earlier commetns on Master’s vs. CFA in terms of prestige or notability; BS in Finance/Math/etc. with the CFA designation easily trumps a Master’s without the CFA, at least in the world of finance. I have a Master’s degree, and so do many people in this buisness. It’s almost becoming the new bachelors degree. A Master’s degree and the CFA charter is very desirable combination. That being said, there are many people in my firm who are successful asset managers and do not have a CFA charter nor the desire to get one. I think after you have a cetain amount of experience and a track record, that, in many cases, speaks for itself.

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