Canadian accounting student wins AIMR 9/11 scholarship

Jim MacDonald

(September 16, 2002) A Canadian woman is one of the first recipients of scholarships from a Sept. 11 memorial fund established by the Association for Investment Management and Research.

AIMR created the “11 September Memorial Scholarship Fund” to remember the 56 AIMR members and Chartered Financial Analyst candidates who died in the terrorist attacks. The association is the administrator of the CFA program. The fund was initially endowed with $1 million US. Subsequent donations have exceeded $300,000 US.

The first scholarships, totalling $90,000 US, were awarded to seven finance, economics, accounting and business students. The students are related to victims of the attacks. The median award was $13,000 US.

The Canadian recipient is Janna Rasuvaev, a second-year accounting student at Seneca College in Toronto. The other scholarship winners were in the United States.

“Our intention with this scholarship fund is to memorialize the victims by encouraging a new generation of bright minds to pursue opportunities in the world of finance — professionals committed to the highest degree of education and professional ethics,” said a statement from Thomas Bowman, president and CEO of the association based in Charlottesville, Virginia.

The AIMR scholarship accepts applications from people of all countries, according to certain criteria. Anyone who was permanently disabled due to the Sept. 11 terrorist attacks or who is a spouse, domestic partner or dependant of someone who was killed or permanently disabled is eligible. They must also be enrolled either in a full- or part-time degree-granting program for university-level undergraduate study or the equivalent in finance, economics, accounting, business or a related field.

The AIMR scholarship program is administered on behalf of AIMR by a national nonprofit educational support and student aid organization.

Filed by Jim MacDonald, Advisor.ca, jmacdonald@advisor.ca.

(09/16/02)