re: CFA Benefits

It's certainly more valuable than a Masters is and from a cost/benefit standpoint likely the best thing you can do to improve your future income.

That said, it's extremely difficult to pass all 3(check out the pass rates) and varies in value depending on what part of the industry you are in. I know a few people in commercial lending who have done it and tell me it is less respected there than it would be if you were a buy-side analyst or trader.

Do some research and make the decision for yourself, I'm studying for Level 2 and already seeing some career benefits.