Marquette University First Undergraduate Program in the World to be Named by CFA Institute as a Program Partner University students trained in CFA Program’s Candidate Body of Knowledge™ will have strong foundation for CFA exam preparation, career success Released: April 27, 2006 Charlottesville, Va., April 27, 2006 — Marquette University’s Applied Investment Management (AIM) program is the first undergraduate business program selected as a CFA Program Partner, CFA Institute announced today. The partnership designation means that Marquette offers a degree program that covers at least 70 percent of the CFA Program Candidate Body of Knowledge, the CFA Institute Ethical and Professional Standards, and other requirements. David Krause, director of the AIM program, said the CFA designation was recognized worldwide as a sign of expertise within the investment industry. “We are pleased that CFA Institute acknowledged the high quality of Marquette’s program, particularly the emphasis we place on ethics,” Krause said. “Our strong curriculum, summer internships and the practical experience students gain from actually managing part of the university’s investment portfolio help prepare our graduates for the first level of the CFA exam.”  “CFA Program Partner institutions recognize that the best way to educate their students for careers in the investment industry is with our Candidate Body of Knowledge,” said Bob Johnson, CFA, Ph.D., managing director of the CFA and CGIPS Programs Division.  “Students in degree programs at these universities will study concepts and principles that have been identified by investment industry leaders worldwide as essential to global practice.  By mastering these fundamentals of the CFA Program, students will be well on their way to earning the highly valued CFA charter.” Marquette was one of six universities announced as CFA Program Partners. The others are Bocconi University (Milan, Italy), Boston University (Boston, Mass.), Concordia University (Montreal, Quebec, Canada), Hong Kong University of Science and Technology (Hong Kong) and Said Business School at the University of Oxford (England). Johnson said recognition as a CFA Program Partner signals to potential students, employers, and the marketplace that the university curriculum is closely tied to professional practice and is well-suited to preparing students to sit for the three levels of CFA examinations. The CFA Program sets a standard for developing the skills, standards, competence, and integrity of financial analysts, portfolio managers, investment advisers, and other investment professionals throughout the world.  It is widely considered the investment profession’s most rigorous credentialing program.  Administered in English, the CFA curriculum and examinations are identical worldwide.  Fewer than one in five candidates who begin the program successfully complete it and go on to earn the coveted CFA charter, the “gold standard” for investment professionals. Students in Marquette’s AIM program must take four unique courses, according to Sarah Peck, chair of Marquette’s Finance Department. “Introduction to Applied Investment Management, Research and Financial Analysis, Valuation and Portfolio Management, and Investment Management, Ethics and Society provide students with a strong business and financial base of knowledge,” she said. “But in keeping with our Jesuit tradition and the CFA Program standards, there is also tremendous emphasis on the ethical issues our graduates will encounter.” “We are honored that one of the first two CFA Program Partners in the United States is here in Milwaukee,” said Constance L. Keller, president of the CFA Society of Milwaukee and vice president of fixed income at Arcataur Capital Management. “As our more than 500 members will attest, the CFA designation is highly valued, and we will continue to work with Marquette to ensure that graduates are well-prepared to enter our business as responsible, ethical practitioners.” The initiative offers students in the programs access to CFA Institute textbooks, journals, Webcasts, and other educational resources. Students will also benefit from professional development events held in conjunction with the CFA Society of Milwaukee. CFA Institute recently announced that it received a record number of enrollments − 116,190 in 163 countries − for the December 2005 and June 2006 Chartered Financial Analyst® (CFA®) exams. CFA Institute membership levels have also reached a record high, with 81,454 members in 126 countries. About the AIM Program Marquette University is home to one of the nation’s only undergraduate programs in applied investment management. The Applied Investment Management program, guided by Marquette’s Jesuit values, provides undergraduate students the opportunity to integrate the financial principles they are learning, along with relevant internships and investment experiences, so that they may become proficient and ethical investment research analysts. The AIM program allows a select group of finance majors to get hands-on security analysis experience through summer internships and an opportunity to actively manage an equity and fixed-income portfolio during their senior year. Students study the core body of knowledge covered in the Chartered Financial Analyst (CFA®) exam – preparing them to take the test upon graduation – and begin a career in the money management industry. About Marquette University  Marquette University is a Catholic, Jesuit university dedicated to serving God by serving our students and contributing to the advancement of knowledge.  Through our mission of Faith, Excellence, Leadership and Service we strive to graduate students who are not only better educated, but better people. We provide them with the necessary training to actively “Be the Difference” in our world. About CFA Institute CFA Institute is the global, non-profit professional association that administers the Chartered Financial Analyst® (CFA®) curriculum and examination program worldwide, publishes research, conducts professional development programs, and sets voluntary, ethics-based professional and performance reporting standards for the investment industry. CFA Institute has more than 81,000 members in 125 countries and territories, including the world’s 67,000 CFA charterholders, as well as 132 affiliated professional societies in 53 countries and territories. CFA Institute is headquartered in the USA in Charlottesville, Virginia, with regional headquarters in London, Hong Kong, and New York. More information may be found at www.cfainstitute.org. (Bloomberg users can find CFA Institute at 497458Z). Office of Marketing and Communication Contacts Mary Pat Pfeil Senior Director of University Communication Phone: (414) 288-4719 Send e-mail