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Professionalism and Ethics – Michael McMillan, Director of Ethics Education of CFA Institute

CFA Institute


Michael G. McMillan, CFA, PhD, CPA, CCEP

Director, Ethics Education and Professional Standards

Dr. McMillan joined CFA Institute in October of 2008 after more than a decade as a professor of accounting and finance at Johns Hopkins University’s Carey School of Business and George Washington University’s School of Business. Prior to pursuing a career in academia, he was a securities analyst and portfolio manager at Bailard, Biehl, and Kaiser and Merus Capital Management in San Francisco, California.

As the Director of Ethics Education and Professional Standards, Dr. McMillan is responsible for creating and developing educational content for CFA Institute members and investment professionals in ethics and professional standards. He is also responsible for conducting Ethical Decision-Making Workshops for pension plan trustees, investment professionals, regulators, and university students.

Prior to joining CFA Institute, Dr. McMillan served in a variety of volunteer capacities. He was a member of the CFA Institute Council of Examiners for 10 years, and a grader for the CFA Program Level II and Level III exams for 12 years. In addition, he was the Vice President and Treasurer of CFA Society Washington, DC.

Currently, Dr. McMillan is the treasurer and a member of the board of directors of the Alexandria Police Foundation, which provides resources to Alexandria police officers that improve officer performance, morale, and effectiveness. He is also the treasurer and a member of the board of directors of the Friends of Fort Dupont Ice Arena, a nonprofit organization that provides free figure skating, ice hockey, speedskating, and synchronized skating lessons to underprivileged children in the Washington, DC, area. Dr. McMillan is also on the Editorial Board of the Journal of Business Research and a member of the Society for Business Ethics.

Dr. McMillan has a PhD in accounting and finance from George Washington University, an MBA from Stanford University, and BA from the University Pennsylvania. He is a Chartered Financial Analyst (CFA), a Certified Compliance and Ethics Professional (CCEP), a Chartered Investment Counselor (CIC), and a Certified Public Accountant (CPA).