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FMA History

Established in 1970, the FMA is a global leader in developing and disseminating knowledge about financial decision making. The mission of the FMA is to broaden the common interests between academicians and practitioners, provide opportunities for professional interaction between and among academicians, practitioners and students, promote the development and understanding of basic and applied research and of sound financial practices, and to enhance the quality of education in finance. 

FMA's members include finance practitioners and academicians and students who are interested in the techniques and advances which define the field of finance. 
Consistent with this mission, the members of FMA share the following values and beliefs: 

  • Professional integrity is a critical component of quality research, education and practice. 
  • Respect, understanding, and appreciation of the diverse needs and interests of others are necessary to achieve mutually beneficial interaction among academicians, practitioners and students. 
  • Free and open discourse and interaction among academician, practitioners, and students are essential to the origination and evaluation of new ideas and the improvement of financial decision making.
  • Open governance, broad-based participation, and continuous improvement in quality of services are critical to achieving FMA International's mission. 

A non-profit organization, FMA publishes research and commentary on important financial issues; hosts annual finance conferences at which advances in theoretical and empirical research come together with the current issues and concerns of practicing finance professionals are taught, critiqued, and discussed; and brings together the professionals who share a common interest in finance. FMA also maintains one of the largest clearinghouses of doctorally-qualified positions and candidates in the finance community for its members and has student chapters throughout the United States, Canada, Mexico, Europe and Australia. 

Loyola University Maryland Chapter History 

The Loyola University Maryland Finance Department supports an active Student Chapter of the Financial Management Association. Our local organization received a charter in 1985 and has won national recognition on several occasions, including recognition as Superior Chapter Award many times. This highly coveted award is given to less than 10 percent of all FMA chapters. Loyola was first awarded the "Superior Chapter" designation for the 2002-03 academic year.

Moreover, the Loyola University Maryland FMA chapter has achieved the Superior Chapter designation for the 2017-2018, 2018-2019, 2019-2020, 2020-2021 and 2021-2022 academic years, respectively.