Category Archives: Announcements

CFA Society (DFW) Student/Awareness Scholarships for June 2020 and December 2020 CFA Exams

What is it?

The CFA Institute grants “Affiliated Schools” such as Baylor several scholarships per year in accordance with Official Scholarships Rules. Scholarship awards reduce the CFA Program enrollment and exam registration fees to $350, which includes the eBook curriculum.

How to apply?

If you are not enrolled in the CFA Program, you must create a CFA Institute account in order to receive your login information and access the scholarship application. The online application can be found here:

When is the application deadline?

Candidates should (1) submit the application form on the CFA Institute website and (2) email prior to January 30, 2019, though earlier applications are encouraged. In the body of the email, please include:

• A summary statement on why you should be considered for the scholarship. This statement should include what you hope to achieve by pursuing the CFA charter, your career goals, and you can discuss academic achievements/performance including GPA information in you wish.

• Expected graduation date

• Major(s)

• Did you apply for the Access Scholarship (the other scholarship)? If not, why not?

• Any other information you believe will aid in the scholarship decision

What is the evaluation process and criteria?

Awards will be made based on a combination of factors including interest in and rationale for pursuing the CFA charter, academic accomplishments, and other personal characteristics that indicate the applicant is a strong scholarship candidate.

Welcome to the Spring 2020 edition of Finance 4335!

Happy new year!  My name is Dr. James R. Garven, and I am your professor for the Spring 2020 edition of the Risk Management course at Baylor University.  Here are a few things to keep in mind as we head into the beginning of the Spring 2020 semester:

1. Finance 4335 will meet on Tuesday and Thursday from 2-3:15 p.m. in Foster 428 (beginning on January 14).

2. The home page for Finance 4335 is at, and the course syllabus is at I use Canvas for two purposes only: linking to the course website and posting grades.

3. Course-related documents (e.g., assigned readings, problem sets, sample exams, lecture notes, etc.) are distributed from the course website.

4. The course blog is at and linked from the “Course Blog” button on the home page of the course website. I use the course blog to post important announcements and provide insights linking course topics with the “real” world. I recommend that you regularly follow the course blog via any of the following methods:

a. Via Facebook, by simply “liking” the Finance 4335 Facebook Page (at;
b. Via Twitter, by visiting; and/or
c. Via email; see  for subscription instructions.

5. The Baylor Bookstore lists the required textbook for Finance 4335 (Integrated Risk Management, by Neil A. Doherty) as out-of-stock. However, the book is available from Amazon (, and assigned book chapters (in PDF format) are available from the course website (see, so this is a manageable “problem”.

6. Try to complete the Finance 4335 Student Information Survey (at prior to the first day of class on January 14 so I can read up on all of your names, academic backgrounds, interests, and aspirations (similar information about me is available at  I count the Finance 4335 Student Information Survey as a problem set which receives a grade of 100 (if successfully completed any time between now and the second day of class on January 16), and 0 otherwise.

In closing, I hope you have had a wonderful Christmas break and that you are looking forward to a happy and productive Spring 2020 semester at Baylor University (particularly in Finance 4335)!


Dr. Garven

Textbook for Finance 4335

The textbook for Finance 4335 is entitled “Integrated Risk Management: Techniques and Strategies for Managing Corporate Risk”. Here’s how the Baylor Bookstore lists this title:

While the Finance 4335 textbook is “out of stock” at the Baylor Bookstore, this book is available for purchase from as well as various other online booksellers. Alternatively, you may also download and print assigned chapters from the course website.

I supplement Doherty’s book with readings from various other sources, as well as readings which I have authored. See for a date-ordered list of reading assignments. Since the first reading assignment from the textbook isn’t due until Tuesday, January 28, y’all have plenty of time to order the book online, or if you prefer, source textbook readings from the course website.

How to obtain a Wall Street Journal subscription

A subscription to the Wall Street Journal is required for Finance 4335. For online access only, sign up for a “Student Digital Pack” at A Student & Digital Pack option (which provides daily home delivery in addition to online access) is available at

Throughout the semester, I will often reference specific WSJ articles on the course blog and in class. Finance 4335 topics (as well as topics in many of your other business school courses) come to life in the world outside the Baylor bubble when you read make a habit of reading the WSJ on a regular basis. Furthermore, if you expect to interview for jobs or internships anytime soon, reading the WSJ will give you a leg up on the competition, since you will be better informed and have more compelling ideas and insights to share with recruiters.

In closing, the following (2 minute) video provides a helpful introduction to the WSJ, providing time-saving tips to help you get the most from WSJ and succeed not only in Finance 4335 but also your other courses and careers:

Instructions for subscribing to the Risk Management Course Blog

A course blog has been established for Finance 4335 at the address; it is also linked from the “Course Blog” button located on the course website. I recommend that you follow the risk management course blog regularly via email, Facebook, and/or Twitter.

The risk management course blog provides me with a convenient means for distributing important announcements to the class. Topics covered on the course blog typically include things like changes in the course schedule, clarifications, and hints concerning problem sets, information about upcoming exams, announcements concerning extra credit opportunities, and short blurbs showing how current events relate to many of the topics which we cover in Finance 4335.

If you are either a Facebook or Twitter user, everything that is posted on the options, futures, and other derivatives course blog is automatically posted to Facebook and “tweeted”, so you can also subscribe by “liking” the Finance 4335 Facebook page or by “following” @fin4335 on Twitter. Finally, you can also subscribe via email. The remainder of this blog entry explains how to subscribe to the risk management course blog via email.

Email Subscription Instructions:

Email Subscription Instructions: If you would like to receive the risk management course blog via email, you can do this by going to and entering your email address in the form provided on the left-hand side of that webpage:

Screen Shot 2016-06-16 at 7.24.05 PM

After clicking “Subscribe”, the following information will appear on the screen:Screen Shot 2016-06-16 at 3.45.08 PM
Next, check for an email from “Risk Management Blog <> ”:

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Next, simply click the “Confirm Follow” button. This will cause you to receive the following email:

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From that point forward, whenever I post to the course blog, you will immediately receive a nicely formatted version of the blog posting via email. Also, you can opt to change your delivery preferences, or even cancel your subscription.

Important notice concerning Section III.C.16 of Baylor’s Honor Code Policy and Procedures document

It has come to my attention that past problem set and exam solutions for Finance 4335 are available from one or more so-called “course sharing” websites.  These documents were uploaded to these sites without my knowledge or permission and as such, constitute copyright infringement and theft of intellectual property.

According to Section III.C.16 of Baylor’s Honor Code Policy and Procedures, “… using, uploading, downloading, or purchasing any online resource that has been derived from material pertaining to a Baylor course without the written permission of the professor” constitutes dishonorable conduct; i.e., an act of academic dishonesty.  Section IV.A. of this very same document obligates faculty members who suspect that a student has engaged in dishonorable conduct to either handle the matter directly with the student or refer it to the Honor Council.

While students are encouraged to use course-related documents that I distribute in class and on the course website for personal academic purposes, anything other than your personal use of these documents, (including sharing such documents with others who are not enrolled in Finance 4335 or uploading such documents to course-sharing websites) is in violation of Section III.C.16 of Baylor’s Honor Code Policy and Procedures and therefore, expressly forbidden. This policy also applies to the use of course-related documents from any source other than me.