The Middle East is trying to become an MBA "hotspot"...

For financial services employers in the Middle East, when compared with the CFA qualification, the MBA  has traditionally taken a "backstage" role in recruitment processes. However, this trend is starting to reverse as recently MBA's are beginning to gain reputation, slowly catching up the CFA’s status.

Over the last five years, several top business schools such as INSEAD, HEC Paris or the London Business School have launched EMBA programs in the region, hoping that companies in the region will moreover realize the importance of  an integral managerial education. These MBA programs aren't in any case dirt cheap, but they offer what a CFA can’t, skills beyond the technical.

It is early to say how the MBA's in the region will develop. However, the reputation of the programs taught in the region is growing, either because of the quality of the programs is increasing or because they offer a deep  understanding of how business is done in the Middle East.

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