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Welcomed into CFA Institute University Affiliation Program

By Loyola University on Thu, 10/17/2019 - 16:09

Students of Loyola’s BBA in Finance program taking steps to career success through preparation for the CFA Program

(New Orleans- October 17, 2019)— has become the latest university to be welcomed into the CFA Institute University Affiliation 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.

Through this designation, Loyola’s Bachelor of Business Administration in Finance program 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.

Entry into the CFA Institute University Affiliation Program signals to potential students, employers, and the marketplace that Loyola’s finance 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, Loyola is eligible to receive six student scholarships for the CFA Program each year.

“Our finance program here at Loyola is quite unique,” says Dr. Denver Travis, CFA, Assistant Professor of Finance in the Loyola College of Business, who will be serving as the liaison between Loyola and the CFA Institute. “Students from around the globe come here to study finance because we provide hands-on modern financial training in a small classroom setting, which happens to be located in one of the most beautiful neighborhoods of the amazing and exciting city of New Orleans.

He added: "As far as we know, our one-million-dollar Student Managed Investment Fund is the only one in the nation that provides students with the opportunity to invest real money in real-time trading with financial derivatives such as options in addition to stocks, bonds, and ETFs. Our graduates are everywhere, working in investments, banking, and corporate finance throughout New Orleans, Wall Street, and the rest of the world.”

About CFA Institute
CFA Institute is the global association of investment professionals that sets the standard for professional excellence and administers the industry gold standard CFA charter. The organization is a champion for ethical behavior in investment markets and a respected source of knowledge in the global financial community. The end goal: to create an environment where investors’ interests come first, markets function at their best, and economies grow. CFA Institute has more than 160,000 members in 166 countries and territories, including 153,000 CFA charterholders. For more information, visit www.cfainstitute.org.

About the CFA Program
The CFA Program sets a standard for developing the skills, standards, competence, and integrity of financial analysts, portfolio managers, investment advisers, and other investment professionals worldwide. It is widely considered the investment profession’s most rigorous credentialing program. Administered in English, the CFA curriculum and examinations are identical worldwide. Fewer than one in five candidates who begin the program successfully complete it and go on to earn the coveted CFA charter, the “gold standard” for investment professionals.