CFA University Affiliated Program

About the University Affiliated Program

According to CFA Institute, “Academic institutions that embed a significant portion of the CFA Program Candidate Body of Knowledge (CBOK)—including the Code of Ethics and Standards of Professional Conduct—into their curriculum may be eligible to participate in the University Affiliation Program.

An Affiliated University signals to their students and to employers that their curriculum is closely tied to the practice of investment management and is helpful to students preparing for the CFA® Program exams.”

As of December 13, 2020, only 240 US universities (646 worldwide) are included in the prestigious UAP program. 

For further information, visit the CFA Institute website.

Benefits to Students

Entry into the CFA Institute’s University Affiliated Program provides additional validation that NJCU’s curriculum provides students with a strong foundation and prepares them to earn the Chartered Financial Analyst® designation, one of the most respected and recognized investment credentials in the world - said Dr. Bernard McSherry, Dean of NJCU’s School of Business.  

As a UAP member, NJCU is allotted a certain number of CFA Student Scholarship. Upon approval, CFA Program enrollment fee ($450) is waived and exam registration is reduced from $1,000 to $350. There are also other types of Available Scholarships.

Department Contact

Please contact Finance Department Professors George Li ( for CFA program advice and scholarship approval.