CFA Level 1 and GMAT during same year?
I currently work in the life science/pharmaceutical field and am trying to break into ER and thus will be taking the CFA level 1 this coming June. I was also planning on taking the GMAT this year to apply for MBA admission the following year. Since it would take a few months to study for the GMAT that would limit me to the second cycle only correct?
The alternative would be to study and take the GMAT as soon as possible and as long as I don't have to retake, I would then study for the CFA but would not be able to take that until December.
Thus, if I go CFA --> GMAT then that would potentially allow me to break into the field earlier but if the GMAT takes longer to study then anticipated or I need to retake then I push my admission back a year.
Or if I got GMAT --> CFA then although I may line up admission earlier and apply to both first and second cycles I would not get the CFA until December and thus hold up (potentially) breaking into the field?
There is also the factor of taking both these tests back to back causing burnout for whichever I take later. I am leaning towards the CFA first in that I am anxious to break into the field and I think will also help my MBA admission or perhaps I will see that a CFA alone will be enough to move up the ranks without committing to an MBA.
I appreciate any advice.