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KTU INTO CFA INSTITUTE UNIVERSITY AFFILIATION PROGRAM

By Daiva Franckeviciene | May 1, 2019

Students of Kaunas University of Technology Master of Science in Finance taking steps to career success through preparation for the CFA Program.

Kaunas University of Technology (KTU), Lithuania, on 29 April 2019, has become the latest university to be welcomed into the CFA Institute University Affiliation Program. Master of Science in Finance has been acknowledged as incorporating at least 70 % 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 position students well to obtain the Chartered Financial Analyst® designation, which has become the most respected and recognized investment credential in the world.
“Preparation for CFA Institute University Affiliation Program took 2 years. We had to form a strong study field committee with experienced business representatives who confirmed the relevance of the program to the CFA content in the labour market. The content of Master of Science in Finance has been redrafted to meet at least 70% of CFA level I, II and III certificates. The subjects taught were either matched or integrated or replaced with new ones. Program teachers took part in various trainings”, says KTU School of Economics and Business prof. Gerda Žigienė.

Recognizable worldwide

Entry into the CFA Institute University Affiliation Program signals to potential students, employers, and the marketplace that KTU 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, KTU is eligible to receive a limited number of student scholarships for the CFA Program each year”, says KTU School of Economics and Business Assoc. prof. Ginta Railienė.

The graduates of KTU Master of Science in Finance possess a diverse range of knowledge about the specifics of state processes, about the processes taking place in different financial market segments, in the business sector. Graduates of this program are able to apply innovative financial management principles, tools and methods in various financial management institutions and non-financial corporations, and to identify and solve financial management problems, arising at the level of the state, financial sector or non-financial company.

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 behaviour 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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