Before I got dinged for starting a new thread on MBA vs CFA, I'd like to hear your opinion on my personalized situation.
I'm currently 35 years old and working as a CFO for an energy company in the US, making around $200K/year. Prior to becoming a CFO, I mostly spent my time in financial services at big 4 (yes, I'm a CPA). I do have a side hustle whereby I founded a construction company with a friend (an engineer) a couple years ago (I manage the finances). It hasn't made much money yet, but it does have potential. And I dont spend much time on it too (maybe 2-3 hours/week).
I come from an Asian background and would like to return to Asia at one point. Also, I'd like to have a switch in the industry I'm working at (targeting to be CFO of start-up tech co). Unfortunately, given my background, I've been pigeonholed as that "accountant" with expertise on SEC financial statements (and US GAAP in particular) and have been rejected at cfo jobs that need more IB background. I also graduated only from so-so college with summa cum laude, and I've been blessed and worked very hard to be where I'm at today.
Now, having said all those, which route would give me a better option: MBA or CFA? I'm thinking about applying to INSEAD (maybe INSEAD in Asia since living costs is cheaper than Europe) for 10 months. Costs are probably about $100K tuition, and around $15K living. Another option would be Columbia U, but that will take 2 years & higher tuition fees, so higher opportunity costs. Another route will be taking CFA, I think I can finish this in 2.5 years (I finished my CPA exams in 6 months while working full time at my old accounting firm).
Thoughts anyone? And thanks in advance.