New York Institute of Finance

Not to be confused with New York Institute of Technology.
New York Institute of Finance
Type Continuing education institute
Established 1922 (1922)
Parent institution
 Financial Times Group
Location New York, New York, United States
Website www.nyif.com

The New York Institute of Finance is an American Education Company that was founded by the New York Stock Exchange (NYSE).[1]

Since 1922, It has striven to provide top level continuing education to professionals in the Finance Industry and Corporations worldwide. The Institute owns the trademark "Where Wall Street Goes to School".

History

“In 1921 it became evident that, for the sake of the business itself and for the sake of the thousands of young men and women employed by the Exchange and by its member firms, some method should be devised whereby they might learn the fundamentals; the reasons why they did the things which occupied their working days…”

“This was the inspiration behind the establishment of the Stock Exchange Institute. The growth of this Institute has demonstrated that it fills a real need. Through Institute classes and lectures in New York, and through Correspondence Courses available to those at a distance, instruction is furnished in all important phases of the security business. Through these facilities, any young man or woman may, while working, obtain an education in finance and allied subjects.”

In 1924, 205 graduated from the New York Stock Exchange Institute. The following year, the institute introduced the “Mock Market”, a trading simulation on the floor of the NYSE after hours becoming an integral part of the one-year training program for new employees of the exchange. By 1930 courses of the institute were extended to employees of member firms of the Exchange.

The first record of “The New York Institute of Finance” appears in the minutes of the NYSE Board of Governors meeting, October 8, 1942: “Permission has been granted to the New York Institute of Finance to use the Board of Governors meeting room for a lecture course and a portion of the Exchange Floor, after hours, for drill purposes, in connection with a course in military training which is being organized.” The New York Institute of Finance is headed by Albert P. Squier, who had been Associate Director of the Stock Exchange Institute for many years.

The New York Institute of Finance was sold from the New York Stock Exchange to Prentice-Hall in 1960. Via an acquisition of Prentice-Hall by Pearson PLC, ownership and management of the New York Institute of Finance moved to Pearson PLC , which owns both the New York Institute of Finance and Prentice-Hall. In 2008 the Institute opened its Beijing office. In 2013 ownership of the Institute was transferred to a Pearson company, the Financial Times Group. The Institute's head office is based in Manhattan New York. It teaches a curriculum of professional workplace skills-training in over 120 different financial training courses and offers its own qualifications and Professional Certificates. In 2015 the Institute had over 35,000 students in more than 120 countries, the majority studying via its extensive e-learning library.

Programs

Professional Certificate in Asset Management

Professional Certificate in Capital Markets

Professional Certificate in Derivatives

Professional Certificate in Bank Branch Management

Professional Certificate in Corporate Finance

Professional Certificate in Operations and Compliance

Professional Certificate in Banking Risk and Regulation

Professional Certificate in Corporate Treasury Management

Professional Certificate in Portfolio Management

Professional Certificate in Brokerage Operations

Professional Certificate in Credit and Credit Risk

Professional Certificate in Risk Management

Professional Certificate in Valuation

Professional Certificate in Wealth Management

Accreditations

The New York Institute of Finance works with several associations and organizations to complement their educational programs including:

National Association of State Boards of Accountancy (NASBA)

The New York Institute of Finance is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit.

Chartered Financial Analyst Institute (CFA Institute)

A global membership organization that awards the Chartered Financial Analyst (CFA) designation, CFA Institute leads the Investment Industry by setting the highest standards of ethics and professional excellence and vigorously advocating fair and transparent capital markets. This recognizes that our continuing professional education meets globally recognized standards.

Certified Financial Planner Board of Standards, Inc. (CFP Board)

As part of our continuing commitment to providing high-quality continuing professional education, NYIF offers classes which earn CFP CE credits for Certified Financial Planner Board of Standards, Inc. (CFP Board). This recognizes that our continuing professional education meets globally recognized standards.

Market Technicians Association

As part of our continuing commitment to providing high-quality continuing professional education, NYIF offers classes which earn Market Technicians Association (MTA) CE credits for Chartered Market Technicians. This recognizes that our continuing professional education meets globally recognized standards.

The Institute of Certified Bankers (ICB)

As part of our continuing commitment to providing high-quality continuing professional education, NYIF offers classes which earn ICB CE credits. A subsidiary of the American Bankers Association, ICB promotes the highest standards of performance in the financial services industry by validating individuals' knowledge and expertise. This recognizes that our continuing professional education meets globally recognized standards.

The Association of Certified Anti-Money Laundering Specialists (ACAMS)

As part of our continuing commitment to providing high-quality continuing professional education, NYIF offers classes which earn ACAMS® Credits. The Association of Certified Anti-Money Laundering Specialists®(ACAMS®) is the premier organization for anti-money laundering (AML) professionals and the provider of the Certified Anti-Money Laundering Specialist® (CAMS) credential – the most respected certification in the industry. The mission of ACAMS is to advance the professional knowledge, skills and experience of those dedicated to the detection and prevention of money laundering around the world, and to promote the development and implementation of sound anti-money laundering policies and procedures.

Institute of Certified Public Accountants of Singapore (ICPAS)

As part of our continuing commitment to providing high-quality continuing professional education, NYIF offers classes which earn ICPAS CE credits. The Institute of Certified Public Accountants of Singapore (ICPAS) is the national organization of the accountancy profession in Singapore. The mission of the ICPAS is "to lead, develop and support accountancy professionals so that they will excel in their role and contribute to building Singapore as a strategic business hub and a key player in the global economy, and to uphold the public interest". This recognizes that our continuing professional education meets globally recognized standards.

Certified Fund Raising Executive (CFRE) International

As part of our continuing commitment to providing high-quality continuing professional education, NYIF offers classes which earn CFRE CE credits. Certified Fund Raising Executive (CFRE) International certifies fundraising professionals who demonstrate the knowledge, skills and commitment to the highest standards of ethical and professional practice in serving the philanthropic sector. This recognizes that our continuing professional education meets globally recognized standards.

Project Management Institute (PMI)

As part of our continuing commitment to providing high-quality continuing professional education, NYIF offers classes which earn PDU CE credits. PMI offers a comprehensive certification programs for project practitioners of all education and skill levels. These credits are rigorously developed, globally accredited and easily transferable between borders and industries This recognizes that our continuing professional education meets globally recognized standards.

International Association for Continuing Education and Training

As part of our continuing commitment to providing high-quality continuing professional education, NYIF offers classes which earn IACET CE credits. IACET accredits education providers that meet strict continuing education guidelines originally created in 1968 and recently updated by the IACET Council on Standards Development (ICSD). IACET accreditation is the standard learners seek for quality when they choose a provider. This recognizes that our continuing professional education meets globally recognized standards.

Global Association of Risk Professionals

As part of our continuing commitment to providing high-quality continuing professional education, NYIF offers classes which earn continuing professional education credit under "Featured Continuing Education Activities" by the GARP. The Global Association of Risk Professionals (GARP) is a not-for-profit organization and the only globally recognized membership association for risk managers. GARP's goal is to help create a culture of risk awareness within organizations, from entry level to board level.

Past delegates include:

References

  1. ↑ "Contact Us." New York Institute of Finance. Retrieved on October 4, 2009.

External links

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