4/30/14 ASHLAND, Ohio – After a stringent review of program outcomes by the Chartered Financial Analyst (CFA) Institute, Ashland University has become the latest university to be named to the CFA Institute University Recognition Program.
Dr. James Falter, assistant professor of finance at Ashland University, said Ashland University is now one of only four Ohio colleges or universities recognized in this program by the CFA Institute.
“Entry into the CFA Institute University Recognition Program signals to potential students, employers and the marketplace that Ashland University’s finance curriculum is closely tied to professional practice and is well-suited to preparing students to sit for the CFA examinations,” Falter said. “Through participation in this program, Ashland University is eligible to receive five student scholarships for the Level I Examination in the CFA Program each year.”
Falter said this recognition means Ashland’s Bachelor of Science in Business Administration (BSBA) degree in Finance has been acknowledged as incorporating at least 70 percent of the CFA Program Candidate Body of Knowledge and placing emphasis on the CFA Institute Code of Ethics and Standards of Practice within the program.
Ashland University’s BSBA in Finance has two tracks -- corporate finance and asset management. In addition to a rigorous curriculum that covers advanced finance, accounting and investments, students are able to participate in the Eagle Investment Group. The Eagle Investment group is a $1.2 million student-managed stock portfolio that allows for students’ experiential learning.
Falter, who also serves as director of Eagle Investment Group, compiled the data, outcomes assessment and completed the application for the University Recognition Program earlier this year. “This is a tremendous acknowledgement of Ashland’s finance program and will support our ability to distinguish our graduates in the fields of investments and finance,” he said.
“These programs position students well to obtain the Chartered Financial Analyst designation, which has become the most respected and recognized investment credential in the world,” he said. “And this designation will help our finance students take steps to career success through preparation for the CFA Program.”
Dr. Charles Appeadu, head of university relations at CFA Institute, said the 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.
“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,” Appeadu said.
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. Schools that have been named to the University Recognition Program are found at this link:
Ashland University, which has been ranked in the top 200 colleges and universities in U.S. News and World Report’s National Universities category, is a mid-sized, private university conveniently located a short distance from Akron, Cleveland and Columbus, Ohio. Ashland University (www.ashland.edu) values the individual student and offers a unique educational experience that combines the challenge of strong, applied academic programs with a faculty and staff who build nurturing relationships with their students. ###