Which course should I pursue to make my career in the finance field, MBA or FRM?

The Financial Risk Manager is a global certified program based in the US and offered by the Global Association of Risk Professionals. The course consists of two parts and prepares you for everything from risk management and measurement to quantitative analysis techniques, as well as financial markets and products and evaluation models. The FRM course requires the candidate to have two years of full time working experience in the finance arena which can be in the form of risk management, trading, academia, equity research, portfolio management, auditing, economics, risk management or risk consulting. What is MBA or Master of Business Administration? A Masters degree in business administration prepares you for the field of business and is typically for people who want to make a career in marketing and general management. The two years course offered in business schools prepares you for management analysis and strategy while providing a thorough knowledge on accounting, finance, marketing and human resources. The MBA course is available in full time, part time and distance learning processes, with each having a significance of its own in the industry. FRM vs MBA Requirements The cost often plays a huge deciding factor for many and is one of the biggest disadvantages of an MBA program. While MBA is a two year rigorous study filled with internships and exams, passing the FRM certified course is more difficult as it requires a great amount of dedication and hard work from the entrant. The success rate for FRM courses is 45% to 52% and this can give you a fair idea about its difficulty. The FRM is a multiple choice questions exam. The MBA program is set in a semester mode and the two year course sees a candidate pass out four semesters. The success rate of a candidate in this program depends on his GPA, test score, strong work ethics and internships, great recommendations by professors as well as industry professionals with whom he has rubbed his shoulders and his leadership qualities and abilities to come out with an edge amongst his peers. Thus career prospects vary and depend on an individuals talent and hard work.

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