A. When it comes to choosing educational paths, the benefits of education are not about the degree or the letter after your name. It’s about the education itself. The “best” educational path is the one that you can most relevantly apply to the real-world demand of your job and career path.
So in that context, it’s important to recognize the fundamental difference between an MBA degree and getting a CPA license.
An MBA is a graduate degree to provide you with education and insight about how to run and operate a business (or how to understand someone else’s business more intimately). By contrast, a CPA license (and it’s a state license, not merely a designation or degree program) grants you the ability to prepare tax returns, represent clients before the IRS and in Tax Court, and to conduct an audit.
If your goal is to get into the wealth management business, neither of these really are for you. Although an MBA from a top tier school might get you into the door of wealth management business more easily.