A lot of people have the question if they should pursue CFA or MBA? Which certification you should take depends solely on your professional goals. CFA and MBA both the degrees are expensive, require time and a lot of effort on student’s part. It is very important to note the distinction between these two certifications. MBA is masters degree in business administration, where students are introduced to various areas of business like accounting, marketing, human resources, operations management. There are also Business schools which offer Phd and master courses specializing in specific domains like consulting, finance, marketing etc. The career path after MBA, depends on a lot of factors, including your area of interest, previous work experience and business acumen of specific domain. A lot of employers recruit MBA’s for team manager’s profile where the employee is expected to manage and take quick decisions in their domains. The basic type of MBA courses are typically full time (2 years), part time for evening and weekend batches . There are also Executive MBA’s which are specifically meant for more work experience people. Nowadays, professionals engineers, CA’s, Doctors, politicians go for MBA. Most of the business schools also prefer candidates with at least 4 -5 years of work experience. Almost all of the top B schools recognize GMAT exam ‘s score to test student’s aptitude. However, just giving the exam does not guarantee you an admission, there are a lot of other criterias also that B schools look for, like your past academic record, work experience, other academic qualifications and certifications etc. B Schools in India take CAT, SAT, XAT exams as there enterance examination.