Five W&L Seniors Receive CFA Exam Scholarships
Five seniors, Michael Steedman, Spencer Borwick, Alden Schade, Maggie Ma and Andrew Gavlin, have received scholarships to study for level one of the exam to become a Chartered Financial Analyst® (CFA).
As a university recognized by the CFA Institute, Washington and Lee can offer up to five scholarships each year to reduce the exam price for students from $1,400 to $350. Additionally, the CFA Institute will send scholarship recipients books on six topics, including finance, accounting and ethics.
A highly sought after designation, a CFA credential gives students a distinct advantage on the job market. This year more than 172,000 candidates sat for the CFA exams, which comprise three levels. Students must pass all three levels to become a CFA. Approximately one in eight people who start the program will become a chartered financial analyst.