Which one is better CFA or MSI?
The CFA is internationally recognised and is a very tough course indeed. Do not underestimate the required study – it is huge! However, it is well respected everywhere. I would take the CFA everyday if you want a good quality exam, but do not be fooled by the comparison. The SII Diploma Derivatives paper is substantially more difficult than anything on the CFA. The fixed income section of the CFA is like kindergarten compared to Bonds and Fixed Interest Markets on the SII. If you really want to know your stuff, I would take those two exams on the SII diploma and then take the CFA. Trust me, you will find it easier. Do them both.