Professors honored with CGMA-Sponsored Finance Education Award
News
AICPA logo
Cart
searchSearch
search
burger
AICPA logo
  • Home
purple eye glasses on yellow background
News

Professors honored with CGMA-Sponsored Finance Education Award

1 year ago · 2 min read

University of Melbourne professors recognized for their innovation in teaching at the Financial Management Association (FMA) Annual Meeting

NEW YORK (November 12, 2020) — The Association of International Certified Professional Accountants (the Association) and the Financial Management Association (FMA), have recognized two professors for their innovation in teaching algorithmic trading as part of a hands-on robotics class for undergraduate students.

Peter Bossaerts, Ph.D., and Nitin Yadav, Ph.D., professors in the Department of Finance at the University of Melbourne, Australia, were named as recipients of the 2020 FMA Innovation in Teaching Finance Award.

The award is sponsored by the Association of International Certified Professional Accountants, the unified voice of the American Institute of CPAs (AICPA) and the Chartered Institute of Management Accountants (CIMA). It’s given on behalf of the Association’s Chartered Global Management Accountant (CGMA) designation which distinguishes a unique group of 137,000 finance professionals worldwide who have reached the highest level of quality and competence.

The award finalists presented their techniques at a special session at the FMA Annual Meeting, held virtually last month. Professors Bossaerts and Yadav received the first-place award for their robotics class, which educates students how to design and deploy algorithmic traders in real financial markets. Through this class, student acquire the skills that are increasingly needed in a world where up to 70% of trades are executed through algorithmic traders.

Runners up were William O’Brien, Assistant Professor of Finance, University of Illinois at Chicago, and Carl Larsson, Ph.D., Assistant Professor of Finance and Blue Ridge Bank Faculty Fellow, James Madison University.

“We are very thankful to the Association and the CGMA designation for sponsoring this award,” said Michelle Lui, Executive Director of FMA. “The innovative pedagogy of these professors highlights the commitment of FMA members to enhancing finance education. This is critical to the development of future finance professionals and the application of sound financial practices in the industry. Sharing these techniques is particularly impactful in the current environment when an increase in virtual teaching has presented unique challenges and opportunities.”

The FMA Innovation in Teaching Finance Award was created to recognize inspiring educators and enhance the quality and relevance of education in finance. It also aims to help the profession share successful innovative practices. The competition is open to any educator who teaches undergraduate or graduate students in finance. Selection is based on a submission of a description of their teaching techniques, and the impact that the technique has had on students, the applicant's institution, and/or the finance profession.


Media Contacts:

Colette Sharbaugh
colette.sharbaugh@aicpa-cima.com

What did you think of this?

Every bit of feedback you provide will help us improve your experience

What did you think of this?

Every bit of feedback you provide will help us improve your experience