Hm, what's the context here? The CFA may be harder to pass, but that does not mean you are going to work at Goldman Sachs front office if you pass it. Those positions are already reserved for MBAs/Phds from the very top schools CFA be damned. In these cases, the CFA designation tends to be more of a complementary thing i.e. those already "smart" guys would take it just to add 3 more letters at the back of their name, title, etc.

So where can a CFA add value? If your aim is to analyse stocks, etc in a more research oriented position, then by all means, it's going to be very useful. Sales and strategist related positions would be helped too.