The School of Business at Monash University Malaysia announced a partnership with the Chartered Market Technician® (CMT) Association through Monash University Malaysia’s inclusion in the CMT Association’s Academic Partner Program.
The CMT Program is designed to bridge theory with practice for courses ranging from quantitative methodologies to behavioural finance, as well as portfolio management and other key aspects of technical analysis.
Selection for the CMT Association’s Academic Partner Program signifies a strong commitment to students’ career readiness and applied learning. Institutions in the Academic Partner Program demonstrate academic rigour in financial courses ranging from quantitative methodologies to behavioural finance, as well as portfolio management and other key aspects of technical analysis.
With this partnership, the two institutions illustrate an innovative solution to the growing demand for student education and career preparedness, while advocating for the advancement of technical analysis in India. Technical analysis, which is a crucial part of investment and trading decisions, has evolved over hundreds of years.
While modern technical analysis retains its roots in classical observations of market behaviour, it extends beyond pattern recognition to employ groundbreaking quantitative methodologies and rules-based trading-system design and testing.
“It is a wonderful opportunity to partner with Monash University Malaysia as they prepare the next generation of finance professionals. To complement the fundamental drivers of equity valuation, investors need to understand the flood of data provided by markets themselves, the interplay and correlation between asset classes, and how less-than-rational behaviors drive price action across all timeframes. To meet the changing demands of global markets, CMT Association believes practicum education is paramount to student learning. The CMT Program is designed to bridge theory with practice,” stated Tyler Wood, Managing Director, CMT Association, New York.
Head of Department of Finance, School of Business, Dr Yessy Arnold Peranginangin, stated that the partnership with CMT Association would help augment the School’s curriculum to include theory, practice, and application of technical analysis. “The partnership will expose our students to the implementation of technical analysis through internship and investment challenges and gain scholarships to become accredited charter holders. On research, our academic staff will have the opportunity to publish academic work at the CMT Association’s journal, the Journal of Technical Analysis. CMT charter holders can collaborate with Monash University Malaysia to deliver world-class Executive Education modules for finance professionals,” he added.