Is CFA equivalent to Masters?

Can someone please clarify for me whether or not a CFA certification is equivalent to a Master's degree in finance or a related field? I understand that both require significant dedication and hard work, but I'm curious about how they compare in terms of recognition, job prospects, and the overall level of knowledge and expertise they impart. Is one considered more valuable than the other in the eyes of employers, or are they viewed as equally valuable? And if they're not equivalent, what are the key differences between the two?