IIM Bangalore welcomed into CFA Institute University Program Partner initiative
MUMBAI, 20 January 2016 – The CFA Institute is pleased to announce that the Indian Institute of Management Bangalore (IIMB) is the first business school in India to become a University Program Partner.
The Post Graduate Programme in Management (PGP), offered by IIMB is one of the most renowned in the country. Therefore it is no surprise that over 70% of the content of relevant courses in that program conforms to the CFA Programme Candidate Body of Knowledge. The PGP program emphasis on ethics also reflects the CFA Institute Code of Ethics and Standards of Practice.
The CFA Program sets the 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.
Entry into the CFA Institute University Program Partnership signals potential students, employers and all stakeholders that IIM Bangalore’s PGP curriculum is in sync with professional practice globally. As a result of this partnership, in each fiscal year, IIMB is entitled to award scholarships to a fixed number of PGP students to take up the CFA Program.
“For several decades, the CFA Institute has been committed to building a better investment management profession. It mixes the best of investment analysis theory and practice while training individuals with the highest ethical and professional standards. We look forward to collaborations between the CFA Institute, IIM’s Centre for Capital Markets and Risk Management (CCMRM) and the Finance and Accounting area. IIM-Bangalore is pleased to become the CFA Institutes’ first Indian program partner.“ Sushil Vachani, Director, IIM-Bangalore.
“We are delighted to welcome IIM Bangalore as the first Program Partner in India. We hope to work together to build a program of research and outreach that will have an impact on financial market development in India. We see significant synergy between the two institutions, and we believe that our efforts will contribute to the creation of a strong talent pool for India’s investment management profession,” said Vidhu Shekhar, Country Head, India, at CFA Institute.
About CFA Institute
CFA Institute is the global association of investment professionals that sets the standard for professional excellence and credentials. 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 nearly 135,000 members in 145 countries and territories, including 128,500 CFA charterholders in 144 countries, and 147 member societies in 73 countries/regions. For more information, www.cfainstitute.org/india
About 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.
About IIM Bangalore
The Indian Institute of Management Bangalore (IIMB) believes in building leaders through holistic, transformative and innovative education. IIMB is an acknowledged hub of academic activity in India and globally. We are Equis accredited. The accreditation is an indication that recognized institutions satisfy international standards. Our programs are all very highly placed in global rankings by the Financial Times.
Recognizing the tremendous power of disruptive technology, we became the first IIM to partner with the world’s most respected Massive Open Online Course (MOOC) platform, the Harvard-MIT joint venture, edX. With technology, we have reached out to over 120,000 learners in 189 countries till date.
For more information, www.iimb.ernet.in
For more information on the partnership, contact: