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 applications. EFA serves as a focal point of communication for its members residing in Europe and abroad. It also provides a framework for targeted dissemination of information and exchange at the international level.
The European Finance Association's EFA Annual Meeting provides a convivial and professional yearly forum for networking, as well as a coveted opportunity to present and share research work in the greater field of finance. The first EFA Annual Meeting was held in 1974 at the Centre d'Enseignement Supérieur des Affaires (CESA). Since then, many more EFA annual conferences have been organised in various cities in Europe and elsewhere. Every year since the early 1990s, EFA and EIASM jointly organise a one-day EFA-EIASM Doctoral Tutorial in Finance for PhD students that takes place immediately prior to the official opening of the EFA conference. Over the years, a variety of Best Paper Awards have been presented at the EFA Annual Meeting.
In 2004, the European Finance Review acquired a new name and a new Editorial Board (which has since further evolved). As of January 2012, Franklin Allen is the Managing Editor of the Review of Finance. Former editors Marco Pagano and Josef Zechner are delighted that Prof. Allen was eager to accept this role, and are confident that under his guidance the journal will make further impressive progress. 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, 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 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, conferences, tutorials, and other selected events of relevance, the Association occasionally sends important announcements via e-mail, and regularly updates this website as well as the respective conference and event websites. The EFA Online Job Market (also publicly accessible via the EIASM and associated websites) is a simple yet useful (and free!) internet self-service tool for employers posting job vacancies in the field of Finance, especially targeted towards and helpful for young scholars and professionals seeking employment in the early stages of their careers.
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.