Dr. David Krause, founding director of the College of Business Administration’s nationally recognized Applied Investment Management program, will retire at the end of the academic term, acting Keyes Dean of Business Administration Tim Hanley announced to the college this week. Krause plans to continue teaching as an emeritus professor and will help transition the AIM program to a new director.
Krause rejoined Marquette in 2004, and in 2005 he launched and became the inaugural director of the highly competitive AIM program, which allows a select group of finance majors to get hands-on academic and financial analysis experience, including an opportunity to actively manage domestic and international equity and fixed-income portfolios.
“AIM’s unique applied learning model paired with David’s insights into industry trends, and most importantly his inexhaustible commitment to his students, has helped AIM become a flagship program for our institution and for undergraduate financial education more broadly,” Hanley says.
Under Krause’s leadership, the AIM program has grown every year since it began with 12 students. In 2014, AIM expanded to include a second track in private equity and banking. Additionally, Krause led AIM to become the first undergraduate business program selected as a Program Partner by the CFA Institute, a designation that means the AIM curriculum covers at least 70 percent of the CFA Institute’s Program Candidate Body of Knowledge, the CFA Institute Ethical and Professional Standards and other requirements. This milestone partnership set the standard for how the CFA now works with hundreds of colleges and universities across the globe.
“Launching the AIM program in 2005 and serving as its director since then has been a privilege and honor. The students, alumni and industry partners have been an inspiration through the years and together we have built a world-class program,” Krause says. “Wonderful relationships have been formed and I’m grateful to Marquette for supporting the vision and execution of this program. I look forward to continuing to support the AIM program through teaching and exploration of additional emerging industry trends while having more time to travel the world with my family.”
Krause, who has taught and coached hundreds of Marquette finance students over the past two decades, has also served at the university level as a member of the endowment committee.
Krause has been published in numerous academic and trade journals. Prior to joining Marquette, Krause was active in several business he co-founded that were engaged in manufacturing, health care, medical devices and financial services. He holds bachelor’s, master’s and doctoral degrees in finance. He also serves on numerous local and national investment boards and advises emerging FinTech firms.