The Broad College of Business is a CFA University Affiliation Program Partner of the CFA Institute, a global membership organization that awards the Chartered Financial Analyst® (CFA®) designation. To qualify, the CFA Institute determined that Broad offers a degree program that covers at least 85 percent of the CFA Program Candidate Body of Knowledge, the CFA Institute ethical and professional standards, and other requirements.
The CFA Program sets a standard for developing the skills, standards, competence and integrity of financial analysts, portfolio managers, investment advisors and other investment professionals worldwide. It is widely considered the investment profession’s most rigorous credentialing program.
The initiative offers students in the program:
Students also benefit from professional development events held in conjunction with the CFA Society of Detroit and the CFA West Michigan Society, the local membership bodies for CFA Institute candidates, charterholders and members.
CFA Institute is the global nonprofit association of investment professionals that awards the CFA and CIPM designations. It promotes the highest ethical standards and offer a range of educational opportunities online and around the world.
To learn more about the CFA designation and the resources available for students, please visit the CFA Institute.
As a CFA Institute University Affiliation Program Partner, the Department of Finance has 10 scholarships for the CFA exams. The scholarship recipients are competitively selected based on students’ academic performance, commitment to hard work and desire to embark on the CFA certification process. Students planning to take the CFA Level 1 exam in November 2022, February 2023, or May 2023 may apply. Students interested in applying for a scholarship must email a resume, current transcript, and a one page essay (include why you wish to pursue the CFA, how it fits into your career plans and your intended study plan) to Steve Schiestel at firstname.lastname@example.org and fill out the online application.
To apply for a CFA Program Student Scholarship, you must:
Students must be in the final year of their bachelor degree program to sit for the first exam.
For a student graduating in May 2023, you may take the Level I exam in November 2022 and the Level II exam in May 2023.
The Student Scholarship waives the one-time program enrollment fee, and discounts the exam registration fee to $350, which includes access to the curriculum and all available study tools. This discounted price ($350) will be reflected during the checkout process.