Michigan Tech has become the latest university to be welcomed into the CFA Institute University Recognition Program. The Bachelor of Science in Finance has been acknowledged as incorporating at least 70 percent of the CFA Program Candidate Body of Knowledge (CBOK) and placing emphasis on the CFA Institute Code of Ethics and Standards of Practice within the program. This program positions students well to obtain the Chartered Financial Analyst® designation, which has become the most respected and recognized investment credential in the world.
Entry into the CFA Institute University Recognition Program signals to potential students, employers, and the marketplace that Michigan Tech’s curriculum is closely tied to professional practice and is well-suited to preparing students to sit for the CFA examinations. Through participation in this program, Michigan Tech is eligible to receive a limited number of student scholarships for the CFA Program each year.
“Students in these programs study the Candidate Body of Knowledge, which includes the core knowledge, skills, and abilities identified by practitioners worldwide as essential for successful practice,” said Charles Appeadu, PhD, CFA, Head of University Relations at CFA Institute. “By mastering the fundamentals of the CFA Program as well as the Code of Ethics and Standards of Professional Conduct, these future investment professionals gain a strong foundation that helps prepare them well to join the growing CFA Institute community dedicated to promoting the highest standards of ethics, education, and professional excellence for the ultimate benefit of society.”
The School of Business and Economics is home to the Bachelor of Science in Finance Program. The BS in Finance is an AACSB accredited program in which students learn financial management, investment analysis, derivatives and financial engineering, and banking and financial institutions. The Applied Portfolio Management Program (APMP) is available to a students who distinguish themselves in their foundational courses. APMP provides students with hands on portfolio management experience with $1.5 million. Recognition by the CFA Institute as a recognized university program signals alignment of the BS in Finance with the CFA Program Candidate Body of Knowledge (CBOK).