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Swiss Finance Institute

New Dual Degree Executive MBA in Asset and Wealth Management Program

Pittsburgh,USA, Zurich and Lausanne, Switzerland (ots)

The Swiss
Finance Institute (SFI) and the Faculty of Business and Economics at 
the University of Lausanne (HEC Lausanne) in association with the 
Tepper School of Business at Carnegie Mellon University are pleased 
to announce a new executive learning program for leaders in finance. 
The specialized Executive MBA in Asset and Wealth Management is 
taught by experts offering an unrivaled concentration of global 
expertise in banking and finance.
The program is designed for private and institutional investment 
managers, private banking relationship managers, and other investment
professionals from around the world. Graduates of this new program 
will receive an Executive MBA Degree in Asset and Wealth Management 
from the Tepper School of Business at Carnegie Mellon University and 
an Executive MBA Degree in Asset and Wealth Management from HEC 
Lausanne, the Faculty of Business and Economics at the University of 
Lausanne.
"We are excited about this cooperation between three such 
prestigious institutions, which brings together a unique group of 
internationally renowned finance experts," said Olivier Steimer, 
Chairmain of the Foundation Board of the SFI. "This program allows 
finance executives from across the globe to develop the leadership 
skills and the in-depth understanding of finance needed to address 
the complex challenges faced by the finance industry ".
Harry Hurzeler, Director of Executive Education at the SFI, 
underscored the importance for executives responsible for private or 
institutional assets: "Linkages between products and markets have 
reached a level of sophistication that requires deep conceptual 
insights to be properly understood. Our program balances models and 
insights from leading academics with the practical skills central to 
the daily work of private and institutional wealth managers to create
a master's program that goes far beyond a traditional MBA or 
Executive MBA."
Dominique Arlettaz, Rector of the University of Lausanne 
emphasized: "This alliance is a unique opportunity to acquire, under 
the united colors of institutions centered on high level research, 
techniques and cutting edge knowledge".
Professor Daniel Oyon, Dean of HEC Lausanne, is looking forward to
promoting the skills of the University of Lausanne through this new 
program and catering to the needs of a sector which is very important
for the Swiss and international economies. "The launch of this new 
program is a result of thorough interinstitutional cooperation 
leading to the creation of a top level course which answers the real 
needs and important challenges facing the world of finance and wealth
management."
The dual degree program will be spread over 20 months and will 
involve six two-week classroom modules based alternately at the 
Tepper School of Business at Carnegie Mellon University, Pittsburgh, 
Pennsylvania, and HEC Lausanne. Expected to attract investment 
professionals from around the world, the inaugural class begins in 
May 2011. Application materials and additional program information 
are available online at: www.awemba.org.
"This interdisciplinary master's degree program achieves two key 
objectives," said Hurzeler.
"It provides executives with the conceptual and practical tools 
and with the in-depth financial and investment expertise required to 
compete at the highest levels and it equips participants with the 
managerial tools necessary to assume a leadership role in the 
financial industry by exploring how to best translate new ideas into 
practice in a knowledge-intensive industry. Mastering both of these 
disciplines, finance and business management, is the hallmark of the 
successful executive in asset and wealth management."
About the Swiss Finance Institute (SFI):
Created in 2006 by the Swiss Banks, the Swiss Stock Exchange, six 
leading Swiss Universities and the Swiss Federal Government, the SFI 
(www.SwissFinanceInstitute.ch) is a unique undertaking merging the 
experience of a centuries old financial center with the innovative 
drive of a frontier research institution. Its goal is to change 
research and teaching landscape in areas relevant to banks and 
financial institutions. With 50 full time professors and over 100 PhD
students, the Swiss Finance Institute represents the premier 
concentration of expertise in banking and finance across the European
Continent.
About HEC Lausanne:
For close to a century, excellence and consistency have been the 
watchwords of HEC Lausanne, the Faculty of Business and Economics at 
the University of Lausanne, Switzerland (www.hec.unil.ch). Following 
in the footsteps of its renowned economists, Walras and Pareto, the 
faculty maintains its research and teaching in the field of business 
and economics at the very highest level. It was first place in 
Switzerland in the University of Texas at Dallas ranking and ninth in
Europe. This ranking is based on the excellence of academic 
publications. The mission of HEC Lausanne is to train the managers of
tomorrow, offering them programs based on high level research and the
values of excellence, internationalism and professionalism. With its 
modern campus on the shores of Lake Geneva, HEC Lausanne is situated 
in a region at the heart of Europe.
About the Tepper School of Business:
Founded in 1949, the Tepper School of Business at Carnegie Mellon 
(www.tepper.cmu.edu) is a pioneer in the field of management science 
and analytical decision making. The school's notable contributions to
the intellectual community include seven Nobel Prize laureates, a 
record that is unsurpassed by any business school worldwide. It is 
also ranked among the schools with the highest rate of academic 
citations in the fields of finance, operations research, 
organizational behavior and operations/production. The academic 
offerings of the Tepper School of Business include undergraduate 
studies in business and economics, graduate studies in business 
administration and financial engineering, and doctoral studies.
Disclaimer The statements in this press release that relate to 
future plans or events are by their very nature forward-looking. The 
Institute undertakes no obligation to publish the result of any 
revisions to these forward-looking statements that may be made to 
reflect events or circumstances after the date hereof or to reflect 
the occurrence of unanticipated events.

Contact:

Swiss Finance Institute
Stephanie Uhr
Tel.: +41/44/254'30'93
E-Mail: stephanie.uhr@sfi.ch
Internet: www.SwissFinanceInstitute.ch

HEC Lausanne
Nadine Richon
Tel.: +41/21/692'20'72
E-Mail: Nadine.Richon@unil.ch
Internet: www.hec.unil.ch

Tepper School of Business
Mark Burd
Tel.: +1/412/268-3486
E-Mail: mdburd@andrew.cmu.edu
Internet: www.tepper.cmu.edu