November 20, 2012

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Article

Jon M. Huntsman School Recognized by the CFA Institute

Press Release

November 20, 2012

The Jon M. Huntsman School of Business at Utah State University is one of just 22 schools in the United States now recognized by the CFA (Chartered Financial Analyst) Institute for the work it is doing to prepare students to earn the Chartered Financial Analyst designation.

The CFA designation has become the most recognized investment credential in the world. The Huntsman School has been invited by the CFA Institute, a global association of investment professionals, to be part of its University Recognition Program. This move signals to potential students, employers and the marketplace that the Huntsman School's bachelor's in finance degree curriculum is closely tied to professional practice, according to Paul Fjeldsted, a senior lecturer in the Economics and Finance Department.

It shows the school is well-suited to prepare students to sit for the rigorous CFA examinations, he said. Students in the program will gain access to CFA Institute textbooks, journals, webcasts and other educational resources.

Stephen Horan is the head of University Relations & Private Wealth for the CFA Institute. He said students in these programs study what the institute calls the "Candidate Body of Knowledge," which is a curriculum designed to help students obtain the knowledge, skills and abilities that investment experts worldwide have identified as essential best practices.

By mastering the fundamentals of the CFA Program, as well as what the organization calls its "Code of Ethics and Standards of Practice," these "future investment professionals join us in our mission to promote the highest standards of ethics, education and professional excellence for the ultimate benefit of society," said Horan.

To be accepted into the program, the Huntsman School's finance degree curriculum was required to incorporate at least 70 percent of the CFA Program Candidate Body of Knowledge components and to emphasize the CFA Institute Code of Ethics and Standards of Practice. Because of the recognition, students pursuing finance degrees are eligible to apply for scholarships that cover a substantial portion of examination costs.

"This recognition would not be possible without the hard work that our dedicated faculty has put into building this program," said Tyler Bowles, the Economics and Finance Department head. "We continually strive to improve the program and aim for academic excellence and rigor."

There are 26 faculty members in the Economics and Finance Department. Among them, three are CFA charterholders: Drew Dahl, Sheila Lai and Paul Fjeldsted. A CFA charterholder has passed all three levels of the CFA examinations and completed the required years of work experience.

The Jon M. Huntsman School of Business at Utah State University seeks to inspire and equip students to become innovative, ethical leaders with refined analytical skills that will help them understand and succeed in the global marketplace. The Huntsman School of Business is one of eight colleges at USU, located in northern Utah. More information on the Jon M. Huntsman School of Business may be found on the web at: www.huntsman.usu.edu.

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