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New Mexico State University

New Mexico State University

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New Mexico State University professor earns prestigious designation

Richard Fortin, a finance professor at New Mexico State University's College of Business, recently earned the Chartered Financial Analyst (CFA) designation.


The designation is awarded by the CFA Institute to experienced financial analysts who pass examinations in a number of finance-related topics including economics, accounting, portfolio management, quantitative analysis, security analysis, and ethics.

"This designation requires literally years of study and thee major exams," said Liz Ellis, finance department head. "This is a very significant achievement."

Business Dean Garrey Carruthers also spoke highly of Fortin's achievement.

"The College of Business is developing a niche in financial analysis and investments, to include student management of $5 million of state funds," Carruthers said. "Fortin is a key member of the faculty team who inspired and designed this new program. His persistence in and dedication to achieving the CFA designation further strengthens the college and will be especially important to those students who enroll in the investment courses."

One of Fortin's articles was published in the fall 2006 edition of the Journal of Investing. Fortin's article concludes CFA charter holders produce more accurate earnings forecasts.

Fortin's work was quoted in the January 2007 newsletter from Jeff Diermeier, president and CEO of the CFA Institute. This newsletter is distributed to nearly 90,000 investment professionals worldwide.