Msapm booklet v6

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MASTER OF SECURITY ANALYSIS & PORTFOLIO MANAGEMENT EARN A MASTERS DEGREE AND CFA ® CHARTER AT THE SAME TIME. BUSINESS.CREIGHTON.EDU/MSAPM MSAPM CFA Program Partner of

Transcript of Msapm booklet v6

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MASTER OF SECURITY ANALYSIS & PORTFOLIO MANAGEMENT

EARN A MASTERS DEGREE AND CFA® CHARTER AT THE SAME TIME.

BUSINESS.CREIGHTON.EDU/MSAPM

MSAPMCFA Program

Partner of

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For more information or to apply online, please visit our website: business.creighton.edu/msapm

A RELEVANT, PROFESSIONAL AND PRACTICAL EDUCATION

Students may choose between the campus-based program in which classes meet Monday-Thursday evenings in Omaha, Nebraska, or the online program which consists of eight-week modules that can be accessed at the student’s convenience. The curriculum content is identical for both programs.

INVESTMENT MANAGEMENT is a complex, competitive and rewarding area of finance.

The Creighton University Master of Security Analysis & Portfolio Management (MSAPM) program delivers state-of- the-art knowledge about investment assessment, security analysis and portfolio management critical to individuals pursuing careers in investment management. The MSAPM program is a high-quality, practitioner-oriented masters degree program that provides the extensive understanding required of savvy and successful investment professionals. The MSAPM program emphasizes high ethical and professional standards.

For questions on the residence program contact: Mrs. Gail Hafer, Assistant Dean Business Graduate School +1 (402) 280-2829

For questions on the online program call: +1 (866) 717-6365

“Creighton’s MSAPM program was established in 2006 and is rigorous, applied and grounded in high ethical standards. Because it is based upon the CFA (Chartered Financial Analyst®) Program curriculum, the MSAPM is practitioner-oriented and forward-looking. The CFA Institute continuously surveys global practitioners and LTWSV`LYZ�[V�LUZ\YL�[OH[�[OL�*-(�7YVNYHT�YLÅLJ[Z�IV[O�current practice and concepts likely to be important in the future. Most importantly, Creighton University ^HZ�VUL�VM�[OL�ÄYZ[�TLTILYZ�VM�[OL�*-(�<UP]LYZP[`�Partnership Program, and Creighton’s MSAPM classes are taught by faculty members who are also CFA charterholders. MSAPM students are prepared to sit for the CFA exams and encouraged to do so. MSAPM graduates are prepared to compete in the increasingly complex global investment analysis and management profession.”

JOHN L. MAGINN, CFAPresident of Maginn Associates, Inc.

Adjunct Professor, MSAPM/MBA program

÷� 5HWLUHG��0XWXDO�RI�2PDKD��FKLHI�LQYHVWPHQW�RIðFHU� and treasurer

÷� Past Chairman of the Board of Trustees of AIMR, the

predecessor organization to CFA Institute

÷� Lead Editor of Managing Investment Portfolios: A Dynamic

Process, a seminal text in investment management and a

cornerstone of the CFA curriculum

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“My experience in the MSAPM program at Creighton University was extremely valuable in my career KL]LSVWTLU[��;OL�WYVNYHT�WYV]PKLK�TL�ZPNUPÄJHU[�exposure to the fundamentals of investment analysis across a wide variety of asset classes, serving as a solid MV\UKH[PVU�MVY�T`�JHYLLY�PU�ÄUHUJL��(U`VUL�JVUZPKLYPUN�H�career in traditional or alternative asset management would be well-served to consider this program.”

“The MSAPM program has given me the knowledge and JVUÄKLUJL�[V�TV]L�MVY^HYK�PU�T`�JHYLLY�HUK�PUK\Z[Y �̀�0�HWWYLJPH[LK�[OL�PU�KLW[O�Z[\K`�VM�[OL�^VYSK�VM�ÄUHUJL�and investments versus a more general MBA program. I KLÄUP[LS`�HWWS`�[OL�RUV^SLKNL�NHPULK�VU�H�KHPS`�IHZPZ�¹

THE STUDENT EXPERIENCE

“The global investment management business is always in need of competent and ethically-centered investment professionals.

In recruiting for our business, I look for both technical skills and an ethical orientation. The MSAPM program at Creighton

emphasizes both.”

BRIAN NAGELCFA, BSBA 1995

Oppenheimer & Co.

Managing Director

ARON HUDDLESTON, CFA

Manarin Investment Counsel, Ltd.

Vice President

2009 MSAPM Graduate

BENJAMIN LAMMERSBank of America Merrill Lynch

Senior Investment Banking Analyst

2010 MSAPM Graduate

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FoundationAll students entering the MSAPM program will need to show evidence they have completed at least VUL�JV\YZL�PU�LHJO�VM�[OL�MVSSV^PUN�HYLHZ!�ÄUHUJPHS�HJJV\U[PUN��THUHNLYPHS��JVYWVYH[L��ÄUHUJL��TPJYV�HUK�macroeconomics, and business statistics. Students without a statistics course will need to complete either a non-credit statistics tutorial offered for a fee through the College of Business or an undergraduate statistics course. Students will be limited to MSAPM classes in ^OPJO�[OL`�JHU�LUYVSS�\U[PS�[OL`�OH]L�ZH[PZÄLK�HSS�[OLPY�outstanding foundation requirements.

About CreightonCreighton University is a comprehensive institution of higher education founded in 1878 in Omaha, Nebraska. Creighton University enrolls undergraduate and professional school students in the College of Arts and Sciences, College of Business, Graduate School, and the Schools of Dentistry, Law, Medicine, Nursing, and Pharmacy and Health Professions.

PROGRAM Overview

The program consists of 30 semester hours of graduate credits IL`VUK�[OL�MV\UKH[PVU�SL]LS�HUK�OHZ�H�ZPNUPÄJHU[�MV\UKH[PVU�in theory, as well as practical applications. It is designed for working professionals and prepares students for careers in security analysis and portfolio management. The CFA program curriculum and the CFA Code of Ethics and Standards of Professional Conduct are the foundation of the MSAPM program. The program is taught exclusively by faculty members who all hold the coveted CFA designation as well as advanced academic degrees.

The CFA Program is grounded in the practice of the investment profession. According to the CFA Institute, the program of study for the CFA charter is based on “a job analysis survey involving CFA charterholders around the world to determine those elements of the body of investment knowledge and skills that are important to the practice of investment management.” More information on the CFA program is available at www.cfainstitute.org.

Students who complete the MSAPM program will have the knowledge base to sit for each of the three levels of the CFA exams, but are certainly not required to do so.

MASTER OF SECURITY ANALYSIS AND PORTFOLIO MANAGEMENT

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DID YOU KNOW?CREIGHTON’S MSAPM

PROGRAM IS RECOGNIZED BY THE CFA INSTITUTE

AS A CFA PROGRAM PARTNER. CREIGHTON UNIVERSITY IS ONE OF

APPROXIMATELY 150 PROGRAM PARTNERS

WORLDWIDE AND ONE OF FEWER THAN 40 SUCH PROGRAMS IN THE US. TO LEARN MORE ABOUT THIS

DISTINCTION, GO TO WWW.CFAINSTITUTE.ORG

AND SEARCH FOR CFA PROGRAM PARTNERS.

What is the value of the masters degree if I earn the CFA designation?When making hiring and promotion decisions, employers often look for individuals ^P[O�H�JVTIPUH[PVU�VM�IV[O�HJHKLTPJ�JYLKLU[PHSZ�HUK�WYVMLZZPVUHS�JLY[PÄJH[PVUZ��Earning both an MSAPM degree and the CFA charter will help in standing out among peers and signal graduates as serious investment professionals.

What is the selection process?Creighton University uses a rolling admissions process. The University typically acts on applications within a week of receipt. On-campus students start in either August or January while online students have the option to begin their studies in August, October, January, March, or June.

What type of career opportunities can I expect?.YHK\H[LZ�^PSS�IL�^LSS�X\HSPÄLK�MVY�LTWSV`TLU[�PU�H�^PKL�YHUNL�VM�WVZP[PVUZ�PU�[OL�NSVIHS�PU]LZ[TLU[�THUHNLTLU[�PUK\Z[Y`��0UKP]PK\HSZ�^P[O�IV[O�HU�HK]HUJLK�ÄUHUJL�degree and the CFA charter are highly sought after for both institutional and individual asset management positions. Many job advertisements have the tag line “CFA or masters degree preferred (or required).” Typical position titles include research HUHS`Z[��WVY[MVSPV�THUHNLY��ÄUHUJPHS�HK]PZVY�HUK�YPZR�THUHNLY��HTVUN�V[OLYZ�

How does the MSAPM program differ from other Masters in Finance programs?The MSAPM program is a specialized Masters in Finance and covers most of the topics found in those more generic programs. This program is focused on applied investment management and is designed from more of a practitioner perspective than a purely academic one.

When do the online classes meet?The online classes can be accessed by students at any time. This allows students the \S[PTH[L�ÅL_PIPSP[`�[V�W\YZ\L�[OL�4:(74�KLNYLL�^OPSL�^VYRPUN�

WHY SHOULD I INVEST IN AN MSAPM DEGREE?

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CURRICULUM AND CAREER OUTCOMES

Students may choose between the campus-based program in which classes meet Monday-Thursday evenings in Omaha, Nebraska, or the online program which consists of eight-week modules that can be accessed at the student’s convenience. The curriculum content is identical for both programs.

ELECTIVES (3 CREDIT HOURS)

Students may select their elective course from one of the following options (or other elective as approved by MSAPM program director):

MSA 728 Corporate Finance

MSA 739 Asset Management within a Portfolio Context

CORE CURRICULUM (27 CREDIT HOURS)

MSA 720 Ethics & Professional Standards

MSA 722 Fixed Income & Derivatives I

MSA 724 Quantitative Analysis

MSA 730 Financial Statements Analysis I

MSA 732 Capital Markets

MSA 734 Equity Analysis

MSA 736 Fixed Income & Derivatives II

MSA 738 Advanced Financial Analysis

MSA 740 Portfolio Management

CAREER PLACEMENTCREIGHTON UNIVERSITY’S MSAPM GRADUATES GAIN EMPLOYMENT OR CURRENTLY WORK IN FIRMS IN A WIDE VARIETY OF AREAS, INCLUDING CORPORATE FINANCE, INVESTMENTS, MONEY AND CAPITAL MARKETS, BANKING, INSURANCE AND OTHER FINANCIAL SERVICES.TITLES OUR GRADUATES HOLD:

Senior Financial AnalystSenior Portfolio ManagerWholesale Regional DirectorPrivate Equity AnalystVice President of Investments

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PROGRAM ADMINISTRATION

Dr. Johnson is a Professor of Finance in the College of Business at Creighton University. He holds a BSBA degree from the University of Nebraska-Omaha, an MBA degree from Creighton University and a Ph.D. from the University of Nebraska-Lincoln and earned his CFA charter in 1991. Prior to rejoining the faculty at Creighton, Dr. Johnson was a Senior Managing Director at the CFA Institute and oversaw the CFA Program, the Professional Conduct Program, and various other educational activities. He OHZ�W\ISPZOLK�L_[LUZP]LS`�PU�ÄUHUJPHS�journals and serves on the Board of RS Investment Management.

Dr. Jorgensen is an Associate Professor of Finance and the Director of the MSAPM program in the College of Business at Creighton University. Dr. Jorgensen received his Ph.D. from the University of Missouri in 1994 and earned his CFA charter in 2004. Prior to his career in academia, Dr. Jorgensen was a bank examiner HUK�H�JVTTLYJPHS�SVHU�VMÄJLY��Dr. Jorgensen’s teaching in the 4:(74�WYVNYHT�OHZ�PUJS\KLK�Ä_LK�income, derivatives and ethics. He has published a number of articles in various refereed academic and professional journals.

“Without a doubt, investing is one of the more challenging and competitive HYLHZ�VM�ÄUHUJL��;V�IL�Z\JJLZZM\S��investment professionals require extensive knowledge and a rock-solid set of skills. There is no better place to acquire them, than within Creighton’s high-quality, practitioner-oriented MSAPM program. Outstanding faculty and a university that has been ranked number one in the Midwest for the past 10 years by U.S. News and World Report will be your valued partner in building your knowledge base and credentials.”

ROBERT JOHNSONPh.D, CFA, CAIA®

Professor of Finance

RANDY JORGENSENPh.D, CFA

MSAPM Program Director

ANTHONY HENDRICKSONPh.D.

College of Business Dean

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The quality of the MSAPM program and the commitment of the faculty to maintaining a program that is both academically rigorous and applicable to the real world were the primary reasons I chose to join Creighton’s faculty. Having recently earned the *-(�JOHY[LY��0�ÄYTS`�ILSPL]L�[OH[�[OL�CFA curriculum is an outstanding ÄUHUJPHS�LK\JH[PVU��;OL�JVTIPUH[PVU�of the high quality curriculum, small class sizes, and a strong faculty lineup made the decision to come to Creighton an easy one.”

MELISSA WOODLEY Ph.D, CFA

Assistant Professor of Finance

WORLD-CLASS FINANCE FACULTY

Creighton University currently has seven full-time faculty members who are CFA charterholders. All instructors for the MSAPM programs are CFA charterholders.

FINANCE Faculty

Charles B. Braymen, Ph.D., CFA Lee M. Dunham, Ph.D., CFA Robert R. Johnson, Ph.D., CFA, CAIA Randy D. Jorgensen, Ph.D., CFA Marc A. LeFebvre, M.S., CFA Kenneth M. Washer, D.B.A, CFP®, CFA Melissa K. Woodley, Ph.D., CFA

The College of Business has been accredited by The Association to Advance Collegiate Schools of Business — the premier business education accrediting organization since 1949.

Creighton University’s Department of Finance ranks in the top 20 in the nation by U.S. News & World Report.

Creighton University was ranked the #1 regional university in the Midwest for more than ten years in a row by U.S. News & World Report.

CFA®, CFA Institute and Chartered Financial Analyst® are trademarks owned by CFA Institute.