CA Designation obtained - next MBA or CFA?
I am a newly qualified CA (just got my letters a couple of months ago).
To make a long story short, I've decided that public accounting is not for me, and based on people I've talked to, I don't think I would enjoy working internal audit in the private sector either.
I have started looking at other career options. My career goals are to get into the finance/investment banking or consulting fields. I'm considering the following options:
1. Doing my MBA - based on my research and the people I've talked to - it seems that having my CA means that I'd need to go to a top MBA school in Ontario to make it worth my time (Ivey, Rotman, Queens). From the people I've talked to who have been in these programs, the most important thing is the networking with peers and with the recruiters that takes place at these schools. Since I have a business undergrad, the actual coursework would be somewhat repetitive for me, but I would like to get away from purely numbers and get into more of a management/consulting/finance role going forward. I'm wondering what my odds are of gaining admission with my CA (I've already written my GMAT - 650 which I'm told should be okay) and if people think it would be worthwhile for me to bring about my desired career change? How could I leverage my CA and public accounting experience to make myself standout as an applicant to MBA programs?
2. Doing my CFA - I could leverage this along with my CA to get into the finance related jobs - I find finance more enjoyable. Would it make sense for me to do this designation? Would my background as a CA make me more competitive when applying for these types of jobs?
Right now I'm leaning towards the MBA, since eventually I would like to teach at the university undergrad level, and I feel the MBA would position me best for this.
Any input is greatly appreciated