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 financial management, financial theory and its application. EFA serves as a focal point of communication for its members residing in Europe and abroad. It also provides a framework for better dissemination of information and exchange at the international level.
The Association's Annual Meetings provide the opportunity to present research work in the field of company finance, investment, financial markets, money and banking. The first EFA Annual Meeting was held in 1974 at the Centre d'Enseignement Supérieur des Affaires (CESA). Since then, many more EFA conferences have been organised in major cities all over Europe. Each year, EFA and EIASM jointly organise a Doctoral Tutorial in Finance for PhD students, which takes place right before the EFA Annual Meeting. Over the years, a variety of Best Paper Awards have been presented at the annual conferences.
In 2004, the European Finance Review acquired a new name and a new Editorial Board (which has since further evolved). Starting from January 2012, Franklin Allen is the new Managing Editor of the Review of Finance. Former editors Marco Pagano and Josef Zechner are delighted that Prof. Allen has accepted to replace them and are confident that under his guidance the journal will make further impressive progress. Co-Editors Bernard Dumas, Burton Hollifield, Thierry Foucault, Holger Müller and Steven Ongena have agreed to continue their precious work, along with an impressive list of Associate Editors as well as a renowned Advisory Board. The intention is to firmly establish the Review of Finance (RoF) as a leading finance journal, competing worldwide with the top journals for the best articles in the field, and aiming at a wide circulation and visibility in the profession. The Editorial Board is thus committed to matching the standard of the very best international finance journals. The editorial policy of the RoF 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, the Board welcomes submissions of high-quality papers in all areas of financial economics: 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.
In order to keep the EFA membership informed of its own activities and other selected events, the Association occasionally sends important announcements via e-mail, and regularly updates this website. The EFA Online Job Market (also publicly accessible via the EIASM website) is a simple yet useful (and free!) interface for posting job vacancies as well as for soliciting employment in the field of Finance, especially for young professionals.
The EIASM Doctoral Education Network annually organises the EDEN Programmes, a selection of intensive courses and relevant seminars designed for doctoral students, offered throughout the academic year. A core subject area is Finance. The faculty teaching EDEN courses are all affiliated with leading international institutions.