The European Finance Association (EFA) was created in 1974 under the auspices of the European Foundation for Management Development (EFMD) and in close cooperation with the European Institute for Advanced Studies in Management (EIASM).
The aim of the Association is to provide a professional society for academics and practitioners with an interest in research areas such as financial management and financial theory, along with their practical applications. EFA serves a community of members based in Europe and elsewhere in the world, providing an evolving network for targeted dissemination of Finance-related information and exchange of views at the international level.
European Finance Association's EFA Annual Meeting provides a convivial yearly professional gathering place for its members, as well as a coveted forum and opportunity to present and share research in the field of Finance. The first EFA Annual Meeting was held in 1974. Since then, many EFA Annual Meetings have been organised in various venues and locations (mostly in Europe and occasionally elsewhere). EFA members are entitled to one complimentary paper submission to the EFA Annual Meeting as one of the yearly benefits of EFA membership. A variety of best paper awards (sponsored by EFA and others) are presented during the conference. Each year (since the early 1990s), EFA and EIASM jointly organise a one-day EFA-EIASM Doctoral Tutorial in Finance for selected PhD students, held immediately prior to the official opening of the EFA Annual Meeting.
In 2004, the European Finance Review acquired a new name and a new Editorial Board (which has since evolved). As of January 2012, Franklin Allen is the Managing Editor of the Review of Finance. (Former editors Marco Pagano and Josef Zechner were delighted that he was eager to accept this role, and confident that under his guidance the journal would make further impressive progress.) Effective from January 2017, Alex Edmans is serving as Managing Editor together with Franklin Allen. The intention is to firmly establish the Review of Finance (RF) as a leading finance journal, competing worldwide with the top journals for the best articles in the field, aiming at a wide circulation and visibility amongst professionals and practitioners alike. The Editorial Board is thus committed to matching the standard of the very best international finance journals. The editorial policy of the RF is guided by two main criteria: quality and innovation. A high-quality paper will not be turned down on the basis of being controversial or in a field outside the mainstream of Finance. In fact, submissions of high-quality papers in all areas of financial economics are welcome: established areas such as asset pricing, corporate finance, banking and market microstructure – but also newly developing fields such as law and finance, behavioural finance, and experimental finance. EFA now owns the Review of Finance outright and works closely with its publisher partner Oxford Journals at Oxford University Press (OUP) to actively promote the RF and circulate member subscriptions of its flagship journal.
To inform the EFA community of selected finance-related research activities, conferences, tutorials, and other news & events of relevance, the Association offers an e-bulletin board service to its members (at the discretion of the EFA Chair), occasionally circulates general announcements via e-mail, and regularly updates its websites. The Online JobMarket (also publicly accessible via the EIASM and associated websites) is a simple yet practical (and free!) internet self-service tool for employers to post job vacancies and opportunities in the field of Finance (and other management areas) – intended especially to target young scholars and practitioners in the early stages of their careers, among other professionals seeking employment.
The EIASM Doctoral Education Network (EDEN) annually organises the EDEN Programme, a selection of intensive courses and relevant seminars designed for doctoral students, offered throughout the year. A core subject area of the EDEN Programme is Finance. The faculty teaching EDEN courses are all affiliated with leading international institutions.