IIM-V joins CFA Institute University Affiliation Program
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Visakhapatnam IIM-Visakhapatnam, which has gained prominence among new generation IIMs, has become the latest b-school to be welcomed into the CFA Institute University Affiliation Program.
The PGP program of IIM-V has been acknowledged as incorporating at least 70 percent of the CFA Program Candidate Body of Knowledge (CBOK) and emphasising the CFA Institute Code of Ethics and Standards of Professional Conduct within the program. The institute is now among the selected 19 institutions of the country (including eight other IIMs) whose MBA Programs are dovetailed with the University Affiliation Program of the CFA Institute.
Prof. M. Chandrasekhar, Director of IIM-V on Friday expressed confidence that the students of IIM-V will acquire new competencies and skills from this affiliation, in policy and practice; that prepares them as well-rounded professionals
endowed with ethics and integrity in financial analysis, portfolio management, investment advisory, investment management and the like.
Entry into the CFA Institute University Affiliation Program signals to potential students, employers, and the marketplace that IIM-V curriculum is closely tied to professional practice and well-suited to preparing students to sit for the CFA examinations. Through participation in this program, IIM-V is eligible to receive a limited number of CFA Program Student Scholarships each year.
Expressing happiness at partnering with IIM Visakhapatnam, Vidhu Shekar, Country Head, CFA Institute India, said that CFA being a practitioner-driven course makes management students industry-ready in the much sought-after field of investment analysis and management. CFA charter-holders graduate from learning the concepts and tools to analysis and further to synthesis, giving them the edge in financial management that plain management graduates are unlikely to have, he added.
With a focus on fintech and application of modern technologies like artificial intelligence and machine learning to traditional finance, it was agreed that both the institutions could leverage their strengths for joint endeavours such as workshops, webinars, roundtables, research challenges, conferences and executive education.
Nikit Tyagi, Manager (Institutional Relations), CFA Institute; Prof. M S Jawed, Prof. Shalini Agnihotri, and Prof. Prince Doliya, who facilitated the tie-up, spoke. Sourav Jain, from the Finance & Economics Club of IIM-V, proposed a vote of thanks.
