Professional affiliation adds up for Finance students

The students who received scholarships are, from left, Michael Dalton, Elena Khudovekova, and Alejandro Sintas, who study in the Behrend Finance Program through World Campus, and Andrew Morgan, who is a student in the residential program.

The students who received scholarships are, from left, Michael Dalton, Elena Khudovekova, and Alejandro Sintas, who study in the Behrend Finance Program through World Campus, and Andrew Morgan, who is a student in the residential program.

Credit: Penn State Behrend

In a number of financial fields, having the Chartered Alternative Investment Analyst Association (CAIA) designation is beneficial. In some areas, it is essential.

But earning CAIA credentials involves an investment of both time and money. It requires hundreds of hours of study, and the cost for the level 1 exam alone is $1,000-$1,500, depending on when a candidate registers to take it.

But four Finance majors will pay nothing thanks to the Black School of Business’ participation in the CAIA’s affiliation program, which makes scholarships available to test candidates to defray the costs of enrollment in the CAIA program and level 1 exam. Behrend is one of fewer than 100 universities worldwide that have earned affiliate status in the program.