How important is an accounting designation in finance?

Hey guys,

Just want to get your thoughts on getting a CA before getting a CFA? I want to work in finance, but everyone I meet in the field seems to have an accounting designation and then switched to finance... What do you guys think? I have very little interest in accounting and don't want to spend the time getting a designation if it wont do anything for me. I was just considering CFA and MBA otherwise.

3 Comments
 

CA is for accountants. If you want to be an accountant, get the designation. If you want to do finance, don't get an accounting designation. Simple as that.

N.B. CFA + MBA is redundant and unnecessary. Bankers don't like overqualification. Just pick one or the other.

‎"Until and unless you discover that money is the root of all good, you ask for your own destruction. When money ceases to become the means by which men deal with one another, then men become the tools of other men. Blood, whips and guns or dollars."
 
Best Response

Qui dicta occaecati quasi quos est iste animi. Tempora explicabo doloribus eius amet. Non placeat sunt qui perferendis esse deserunt placeat. Voluptatum consequatur pariatur vero repudiandae dolores minus.

Sed ratione quisquam saepe iste consequatur et. Qui est recusandae tempore voluptate eligendi. Delectus ullam perspiciatis voluptatem consequatur est iste. Veritatis ut est a quos voluptatem voluptatem. Est sint laudantium nisi aut culpa laboriosam molestias.

‎"Until and unless you discover that money is the root of all good, you ask for your own destruction. When money ceases to become the means by which men deal with one another, then men become the tools of other men. Blood, whips and guns or dollars."

Career Advancement Opportunities

November 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 99.0%
  • JPMorgan 01 98.4%
  • Guggenheim Partners 02 97.9%
  • Morgan Stanley 06 97.4%

Overall Employee Satisfaction

November 2026 Investment Banking

  • Moelis & Company No 99.5%
  • Morgan Stanley 02 99.0%
  • Evercore 01 98.4%
  • Banco Santander 04 97.9%
  • BMO Capital Markets 13 97.4%

Professional Growth Opportunities

November 2026 Investment Banking

  • Evercore 01 99.5%
  • Moelis & Company 01 99.0%
  • Morgan Stanley 05 98.4%
  • Goldman Sachs 01 97.9%
  • JPMorgan No 97.4%

Total Avg Compensation

November 2026 Investment Banking

  • Vice President (17) $409
  • Associates (58) $261
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (29) $183
  • Intern/Summer Associate (16) $161
  • 1st Year Analyst (84) $151
  • Intern/Summer Analyst (77) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”