CFA

CFA is chartered financial analyst and it is a self study course which is very much in the demand in the market. You can do this course to get an edge over others. It will certainly increase your chances of getting good job or it will help you in getting promotions.
The three year program is a program in which you have to study and pass the exam and in return you will get a CFA. CFA trained professionals are always in demand as there are tremendous job options available in the market.
So prepare and go for it, I am sure you will not regret.
It has a awesome market value.
Pursuing CFA after MBA will take your career to a whole new level-
1) More focused on financial analysis
2) Global recognition
3) The curriculum prepares finance experts for a wider spectrum of roles
4) Gives an edge to your CV for core finance jobs
5) CFA becomes a little easier to pass as concepts are already clear
6) Greater growth opportunities in later stages

Best coaching institutes for CFA are:
Shah Classes (Sir Laukik Shah): Being the oldest coaching institute, seniors I know studied with him. He made a name for having a monopoly in the CFA coaching industry a decade back. At that time, there were no options, you see. The passing score was high in CFA exams overall, as much as ninety percent at that time, so that was in his favor. In fact, he himself confessed in the demo session that he hasn't cleared even the first level of CFA. However, there were no other options from where one could learn the CFA, other than him, at that time.
Finstructor: I almost decided on joining this institute but later, I dropped the idea as I learned that the founder has handed over the Finstructor franchise to other professors to let them use the brand which he created.
V D Shah: Inexperienced tutor, so obvious problems associated with not being experienced like silly mistakes in formulas or keeping his book open while writing a formula, (he himself says he can't remember a few formulas). But I admit that he logically, step by step derives every formula & also gives some practical valuation stories regarding it.
FinTree: The decade old FinTree (Pune branch) is awesome. Everything's great, the teaching pace (slow pace & day long lectures), the support for doubt solving and all I've heard about this institute is good. When it comes to FinTree-Mumbai, I think it loses its charm a bit.

Chartered Financial Analyst (CFA) is an internationally recognized course that ensures a surefire way to enter Investment banking. Once you become a Charter holder, you have access to the international career network of the CFA Institute and can actively find yourself a suitable job in another country. If you are already working in a global firm, CFA Charter can also act as a springboard for you to get global postings within your firm.
So, how shall you go about it?
Complete and clear all the exams and work towards the 48 months work experience criteria then apply for a CFA Charter.
Once you are a Charter holder, access the CFA Institute website career resource JobLine to track and apply for jobs abroad.
Alternatively, network with your local CFA Chapter members and look for postings abroad.
Subscribe to newsletters and job alerts published by job portals in other countries (e.g: SEEK.com for Australia/NZ or Gulftalent.com for UAE jobs).
Network and publicize your CFA charter on LinkedIn and other career networking websites.
Don't fail to mention the CFA Charter in your resume and use it as a keyword to get the right hits in regular job portals other than job line.
If you are already working in an MNC, you can negotiate for a global posting after qualifying.
Even if you do not have a CFA Charter, if you have at least cleared the exams, you should mention that in your resume as well.

Sorry to disappoint you my friend but it won't help much.
First of all for getting B Schools outside India you need minimum experience of around 5 years. Foreign B-Schools don't accept freshers. So first look into that. CFA (Chartered Financial Analyst) is certifications for those who are looking to get into money/asset management. If you are looking to work as an equity research analyst of portfolio manager and other such jobs then CFA can help. But again there are 3 levels of CFA. For it to be of any use you need to clear at least two levels then only you would have enough knowledge to work as an equity research analyst or other such jobs. So CFA alone won't help.
If you are already in finance sector and trying to change job or climb up the ladder then it may be a bit helpful. They will give lot of experience to your job experience as such. So do thorough research of requirements of the top B-schools and then make a well informed decision. There is no point doing CFA just for sake of adding something to your resume.

Yes, it increases your chances but it is not necessary.
So, why do CFA or FRM? These are courses for individuals interested in specific fields. CFA (Chartered Financial Analyst) is for the ones who want to go in money/asset management. Those interested in equity research and analysis finds this course interesting. FRM (Financial Risk Management) is for those interested in risk management of various investments. So pursue these courses only if you want to go into that particular field and are genuinely interested. CFA takes almost one year for each level. There are three such levels. Only having level one will not help much for your career. During the interviews for admission it will surely sow your interest in finance as such. For CFA you need to put in lots of hours of study, so if you are not interested don't do it. Most of the students entering IIMs don't have a CFA. So it is okay not to have such certifications. Just go through the portions of the exam and see if you are interested.

Hello,
CFA have following benefits:
Gold Standard - The CFA charter equips you not only to enter the profession, but also to excel.
Global Passport - Earn waivers from regulatory agencies, graduate programs, and more.
Prestigious Network - Connect with an exclusive group of outstanding investment professionals.
Strong Ethical Foundations - Gain confidence and clarity in navigating ethical issues.
Unmatched Expertise - Our rigorous curriculum will equip you for complex investment decisions.
Career Resources - Gain access to career guides, thought leadership, and continuing education.
The CMA, for more than 40 years, the CMA (Certified Management Accountant) certification has been the global benchmark for management accountants and financial professionals. Why? Because CMAs can explain the "why" behind numbers, not just the "what." And that can give you greater credibility, higher earning potential, and ultimately a seat at the leadership table.
In comparison, they are actually qualifications for very different career paths. CMA, which stands for Certified Management Accountants, are designed for accountants working outside of CPA firms. This essentially means 3/4 of all accountants working in various industry and corporate functions. The CMA is most applicable for those who deal with cost and inventory accounting.
CFA, which stands for Chartered Financial Analyst, is a designation for finance and investment professionals those working in equity research, asset management, hedge funds and other types of investment management.
As you can see, these careers don't have much overlap. If you are working (or aspire to work) in either profession, you should be clear which qualification you should be aiming for.

Government sector jobs after CFA course:
Many governmental organizations are there in our country that takes in efficient Chartered Financial Analyst. A few of those firms include:
Airport Authority of India
Bharat Earth Movers Limited (BEML)
Neyveli Lignite Corporation Limited
Oil and Natural Gas Corporation Limited (ONGC)
State Infrastructure Development Corporation Limited
In addition to these, many banks also take on company secretaries. A few other job areas in the public sector are:
Accounts Branch of the Central Government Law Services
Bureau of Public Enterprises
Government Financial Institutions
Stock Exchanges
Individuals also have the option to work with universities and colleges. With the right combination of expertise as well as experience, one can get promoted to senior positions such as Managing Director, Chairman and Directors in firms of repute.