University of Southern California

Marshall Links With CAIA
Education Program Covers High-Demand Area of Alternative Investments
April 8, 2014 • by News at Marshall

The USC Marshall School of Business has become an academic partner with the Chartered Alternative Investment Analyst (CAIA) Association, which offers an education program for individuals specializing in alternative investments such as hedge funds, private equity, commodities, real estate and managed futures. This partnership brings scholarships for four undergraduate and MBA students to sit for the qualifying exams that lead to the CAIA Charter certification.

“Marshall is one of only three universities on the West Coast and 22 around the world with a CAIA partnership,” said Mick Swartz, associate professor of clinical finance and business economics. “Our students will benefit from increased knowledge about hedge funds and alternative investments, and better access to employment opportunities through the CAIA job board and impressive networking opportunities.”

The CAIA Program is a complete curriculum for self-directed study in alternative investments. Academic partner institutions must be accredited and cover at least 60 percent of the two-level CAIA curriculum, which includes in-depth study of asset classes and tools for assessing risk-return attributes of alternative investments, risk management and portfolio management, as well as ethics and professionalism.

The CAIA Charter is granted upon successful completion of two qualifying exams. Candidates must have earned a four-year degree and have more than one year of professional experience. CAIA Charter holders receive access to job boards, research publications, online resources and opportunities for networking and continuing education.

The sector of alternative investments is particularly strong with the trend in pension funds increasing their allocations to hedge funds and private equity to decrease risk in their portfolios and increase long-term returns, Swartz noted.

“Many hedge funds and alternative investment companies prefer to hire CAIA members,” Swartz said, “and many Marshall students are interested in these positions because they offer great responsibility and relatively higher salaries than some other areas in the investments field.”

About the USC Marshall School of Business
Consistently ranked among the nation's premier schools, USC Marshall is internationally recognized for its emphasis on entrepreneurship and innovation, social responsibility and path-breaking research. Located in the heart of Los Angeles, one of the world's leading business centers and the U.S. gateway to the Pacific Rim, Marshall offers its 5,700-plus undergraduate and graduate students a unique world view and impressive global experiential opportunities. With an alumni community spanning 123 countries, USC Marshall students join a worldwide community of thought leaders who are redefining the way business works.