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Baruch College's Zicklin School of Business Joins CFA Institute's University Partners Program

Photo - John Elliott and Raymond J. DeAngelo
Dean John Elliott  and Raymond J. DeAngelo, managing director of the CFA Institute, signed the partnership agreement on Mar. 18.
-- Photo by Jerry Speier

New York, NY, March 18, 2009-- The Zicklin School of Business at Baruch College today announced the signing of a Program Partnership with the CFA Institute, the global association of investment professionals that awards the prestigious Chartered Financial Analyst (CFA) designation.

Joining John Elliott, dean of the Zicklin School, at today’s signing ceremony were Raymond J. DeAngelo, managing director of the CFA Institute; Bob McLean, head of the Institute’s University Relations; Aloke Ghosh, director of the Zicklin School’s Executive Master’s Program in Financial Statement Analysis (EMS-FSA); and additional Zicklin faculty members and students.

"This partnership agreement is a tremendous boon to the students in the Executive Master’s Program in Financial Analysis," said John Elliott, dean of the Zicklin School. "The CFA imprimatur tells the world that Baruch College’s Zicklin School runs a premier program, one that will help students advance their career in the analysis of financial documents. We are extremely proud of this new relationship."

The Zicklin School’s EMS-FSA is the only tri-state graduate academic program to be granted the CFA partnership, making Baruch College one of only 27 premier universities in North America to enjoy a professional affiliation with the CFA Institute.

"Given the current turmoil in the financial markets, the need for individuals trained in the preparation and analysis of financial statements and the valuation of securities has never been more acute. The integration of advanced accounting and finance concepts in the program, along with the CFA partnership, makes the EMS-FSA program one of Zicklin’s flagship programs," Professor Ghosh said. Launched last year, the EMS-FSA program prepares executives for positions in commercial and investment banks, hedge funds, insurance companies and brokerage firms. Regulatory agencies such as the FASB and the SEC also urgently need people with this expertise.

The EMS-FSA academic program provides an interdisciplinary approach to the study of financial markets and the valuation of assets. The 33-credit program combines elements of financial reporting, corporate finance, portfolio management, investments, risk management and statistical analysis. Because it is aimed at working professionals, classes are held on Saturdays plus one evening a week. The next ‘Open House’ for the EMS-FSA program will be held on April 24, 2009 at 6 pm. For additional information, please visit


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