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Scenes from The University of Rhode Island

University one of only 13 U.S. schools recognized by CFA Institute

Media Contact: Dave Lavallee, 401-874-5862

URI’s College of Business Administration
named Chartered Financial Analyst Partner Institution

KINGSTON, R.I. – November 21, 2007 – The University of Rhode Island’s College of Business Administration has been named by the CFA Institute a Chartered Financial Analyst Program Partner.

The CFA Institute’s partner designation means that the College of Business Administration’s bachelor’s degree in finance covers at least 70 percent of the CFA program Candidate Body of Knowledge, the CFA Institute ethical standards and professional standards, and other requirements.

URI is one of 13 universities in the United States to have been named a CFA Partner. Among the 13 are Boston University, the University of Kansas, the University of North Carolina, Marquette University and the University of San Francisco. International CFA partner schools include Reims Management School in France, London Business School, the Universidad de San Andres in Argentina, the National University of Singapore and the University of Oxford’s Saïd Business School.

URI and the CFA Institute will mark the partnership with a signing ceremony Monday, Nov. 26 at 12:10 p.m. in the University Club. Members of the media are invited to attend. For coverage arrangements, please contact Dave Lavallee in the URI Department of Communications at 874-5862.

“The College of Business Administration is one of a handful of schools nationally that are CFA partner institutions at the undergraduate level, and the only institution in the Northeast and Mid-Atlantic regions,” said URI Business Dean Mark Higgins. “This designation will differentiate our finance program from others in the region and will be extremely beneficial in recruiting high school students who are interested in finance and strengthen our ties with the Providence business community.”

“Students in this program are exposed to the candidate body of knowledge, concepts and principles that have been identified by investment experts worldwide as essential to global practice,” said Bob Johnson, CFA managing director of the Institute’s Education Division. “By mastering these fundamentals of the program, students will be well on their way to earning the highly valued designation of Chartered Financial Analyst.”

A record number of current prospective investment professionals from around the world took the CFA exams in June—about 98,000 candidates enrolled to sit for the exam, which was administered the first weekend of June in 89 countries.

Students in the program gain access to CFA Institute textbooks, journals, web casts and other educational resources. Students will also benefit from professional development events.

The CFA Program Partner was launched at the Saïd Business School at the University of Oxford. Since then, CFA Program Partner Institutions have been recognized on six continents.

The CFA Institute is the global membership association that administers the Chartered Financial Analyst and Certificate in Investment Performance Measurement Curriculum and exam programs worldwide. The CFA program is widely considered the investment profession’s most rigorous credentialing program. Fewer than one in five candidates who begin the program successfully complete it and go on to earn the CFA charter.