LAWRENCE - The CFA Institute and the KU School of Business have renewed an agreement that distinguishes the school as a CFA program partner. KU is among only 140 institutions globally, 58 in the Americas, to merit this distinction.
The CFA Institute is a global association of more than 100,000 investment professionals committed to the highest standards of ethics, education, and professional excellence. The CFA Institute awards the distinction of Chartered Financial Analyst to investment professionals that pass three rigorous and sequential exams covering topics such as ethics, investment tools, portfolio management, and wealth planning. CFA candidates must also complete four years of work experience as an investment practitioner and adhere to a strict code of ethics.
"As a CFA program partner we commit to cover a significant portion of the CFA program candidate body of knowledge and to embrace the CFA Institute's code of ethics and standards of professional conduct in our degree programs in finance," said Associate Professor and Anderson Chandler Fellow Christopher Anderson, who directs the program in partnership with School of Business Teaching Fellow Kelly Welch. Anderson and Welch are themselves Chartered Financial Analysts.
"Offering our students the opportunity to prepare for and compete in investment careers makes all the difference to us," Welch said. "CFA's partnership with the KU School of Business means that we can help more of our finance students succeed."
Benefits to KU students include access to CFA educational and professional programs. Notably, Anderson and Welch identify up to 15 students per year to sponsor for scholarships for the CFA program and the initial exam.
"The KU scholarship helped me to enroll for CFA Level 1 and made it more affordable," said Aditya Rastogi, a KU MBA graduate who was among the nine students sponsored for scholarships for the June 2012 exam. "The finance concentration in the MBA program provided a great framework for the different topics required for CFA Level 1. The KU links were critical in helping me to pass the CFA Level 1."
"The KU School of Business has a long tradition of excellence in financial education and research. Partnership with CFA is a coveted and exclusive honor that both recognizes and energizes our commitment to providing world-class education to future investment professionals," said Neeli Bendapudi, dean of the School of Business, who signed the partnership agreement on behalf of KU.