Wayne State University welcomed into CFA Institute University Affiliation Program

Wayne State University has become the latest university to be welcomed into the CFA Institute University Affiliation Program. The Masters of Science in Finance, Masters of Business Administration concentration in finance and Bachelors of Business Administration concentration in finance in the Mike Ilitch School of Business have all 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 programs. 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.

Entry into the CFA Institute University Affiliation Program signals to potential Ilitch School students, employers and the marketplace that our finance curriculum is closely tied to professional practice and is well-aligned to prepare students to sit for the CFA examinations. Through participation in this program, Wayne State is eligible to receive ten student scholarships for the CFA Program each year.

Finance can be the most lucrative of all business careers, and the Mike Ilitch School of Business at Wayne State University is the perfect training ground. With world-class, award-winning finance faculty and myriad opportunities for internships, mentoring and career networking, graduates of the WSU Department of Finance land positions that run the gamut from security analysis and portfolio management to mergers and acquisitions, commercial banking, corporate finance and more—all the way up to the C-suite. Our finance curriculum provides an excellent experiential learning environment in which students manage a stock portfolio over $2 million using our state-of-the-art trading room with Bloomberg terminals and access to other finance databases.

About the Mike Ilitch School of Business
The Wayne State University Mike Ilitch School of Business prepares students for challenging and rewarding careers, advances the boundaries of scholarly and practitioner knowledge, and enhances the economic vitality of the city of Detroit, the state of Michigan and beyond through its programs, research and community engagement. Established in 1946, the business school was renamed in 2015 in recognition of a $40 million gift from Mike and Marian Ilitch. Thanks to this lead investment, the school moved to a new state-of-the-art building in the heart of the District Detroit in 2018, and academic programming and collaboration with city businesses are expanding. For more information, visit ilitchbusiness.wayne.edu.

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.

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