SHU Partners with Stamford CFA Society for Investment Management Program

News Story: March 1, 2010
Sacred Heart University’s Department of Economics and Finance in the John F. Welch College of Business has partnered with the Stamford Chartered Financial Analyst Society (SCFAS) for a unique program for aspiring investment professionals. The program will add further distinction to the University and usher in a new interchange of ideas, networking opportunities and career development for students. 

 
The new program, called the Investment Management Program (IMP), is offered at few universities at the undergraduate level. It is structured to prepare students who plan careers in finance and money management to successfully complete the level one exam of the CFA program. The CFA designation is the standard of excellence in the investment community. Legions of Wall Street professionals, securities analysts, money managers and investment advisors hold the designation.  
 
IMP will also provide a select group of Welch College of Business students a comprehensive program to study the core body of knowledge covered in the CFA program. Level one of the CFA is a six-hour exam consisting of 240 multiple choice questions and is offered twice a year.
 
Students will be required to take CFA track courses that are already woven into the Department of Economics and Finance's curriculum, and each program participant will be assigned an SCFAS mentor. 

Stamford CFA Society board member Michael Dineen ‘93, who earned his Masters of Business Administration from Sacred Heart University, was instrumental in forming the alliance in his position as the university liaison at the Stamford CFA Society. “Sacred Heart University and its faculty recognize the value and brand recognition of the CFA designation. They have demonstrated eagerness in collaborating with the Stamford CFA Society, to which we can assist and support the faculty and students in meeting such a rigorous program.”           
 
Dineen said many investment firms require entry-level employees to pursue the CFA designation as a condition of employment. After completing level one of the CFA as undergraduates, students will have a distinct advantage as they enter employment or if they decide to pursue an MBA following graduation.  
 
“This program is a rare opportunity for students to distinguish themselves in a very difficult job market. The Stamford CFA Society brings to the campus a unique and an unmatched opportunity for interchange of ideas, networking and career development,” said Dineen. He is a senior investment professional at Stamford-based Atlantic Asset Management, LLC, which manages over $6 billion in assets, and serves as a major corporate sponsor for the partnership between Sacred Heart University and Stamford CFA Society.            
 
Associate Professor of Finance and Department chair Bridget Lyons, believes the Investment Management Program will further distinguish the Welch College of Business and as well will add value to the curriculum and to current students as they embark on their careers. “Not only will it strengthen our existing program, but it will also enable us to attract even stronger students to the University,” she said.  

Lyons attributed the partnership to Dineen and the Stamford CFA Society, which she said the department has worked collaboratively with in the past. Stamford CFA Society speakers and professionals have addressed students at Sacred Heart and members of the Stamford CFA Society have provided students with networking and career mentoring opportunities.

“This program is building on our partnership with the Stamford CFA Society, and as a faculty, we greatly recognize the benefit of the organization,” Lyons said.  

SHU students who are interested in applying to be a part of IMP may contact Professor Lyons at lyonsb@sacredheart.edu.