Ethics: A Guiding Tenet of the CAIA Association Garners Broad Support within Academic Community

Abstract

Motivated by the many acts of unconscionable greed and avarice that have outraged, even disgusted the public at large, elite academic institutions around the world have begun incorporating ethics and social responsibility into their MBA programs, even going so far as to ask their students to commit to the MBA equivalent of medicine’s Hippocratic Oath.

CAIA Association Executive Director Craig Asche applauds these efforts and makes the case for all investment professionals to similarly commit to professionalism. Asche points out there already exists a globally-recognized and respected set of principles, encompassed in the CFA Standards of Professional Conduct, which is precisely why the CAIA Association has required all its members to learn and abide by these guiding principles since launching the CAIA Program in 2003.

TOPIC: Financial crises and financial market history