Originally Posted by BYucko
But is it still? Like if I want to get into iBanking, Consulting, etc., would it be more advisable to go back to school after a business undergrad for the e/MBA or to get something else?
After getting a business bachelor's and working a little, I thought most returned for the MBA for a promotion or something. But would there be a better path to take? (like speedfreak's CFA) (not implying anything bad, speedfreak, just wanted opinions on this)
Well, since I did only study in Germany and in Australia, i can't really comment on the American MBA. But what I would consider is the programs content. I mean, if you already have an undergrad degree in business or econ, you don't want to do all the same basic stuff again, right? You want to move on from there, specialize and get deeper into the matter of well finance, accounting or strategy in your case. So maybe a Master in Finance or equivalent might be the better way to go.
In my case, my masters degree builds on top of the Bachelors, so I gain extra knowledge in my majors and minor. And from that perspective, an MBA wouldn't make sense for me, having two master degrees in business. (Its a litte bit silly here in Europe, lots of people with master degrees in business or equivalent degree do a MBA additionally, so they do a Diplom (equivalent to a bachelors and(!) masters degree) and a MBA...)
As for the CFA, I don't know how its regarded in the US. But over here in Europe it helps in Investment Banking, simply because you might have clients from around the world. And with all the varying degrees, fields of study and differnt qualities of the education depending the uni you graduate from, it establishes some minimum quality. Therefore, Ibanks over here like to see their employees getting the CFA, and well if you are already in the program it might help you getting a good job.