NCCR Guide 2013 - Schweizerischer Nationalfonds (SNF)

Topics
Assessing risks and modelling
their impact on
agents’ micro- and macroecono
mic decision-making
processes represents the
central theme that unites
the research topics covered
by FINRISK. Thus, the
main research questions
during its final phase III
(2009-13) relate to the analysis
and the modelling of
risks. They are examined
Achievements of the previous years
In the following we identify
four main areas in which
substantial achievements
have been generated since
the start of FINRISK in
2001.
Research
Within eleven years of ope -
ration, FINRISK has led
to the competitive establishment
of 12 research
projects in areas of great
significance to the financial
services industry. Our
research output further
comprises more than 800
working papers and 500
publications in internationally
renowned academic
journals. For detailed information
on our research
achievements please visit
our website.
Knowledge transfer
FINRISK promotes a mutually
beneficial dialogue
between academics and
practitioners interested in
the application of modern
finance. Through targeted
publications as well as the
organization of joint conferences,
workshops and
collaborative projects FIN-
RISK has strengthened the
cooperation between the
Swiss universities and the
financial services industry.
Each year, the annual
meeting organized together
with the Swiss Finance Institute,
attracts more than
200 practitioners and features
presentations by both
researchers and practitioners
on topics of central interest
to the finance community.
Education
A close cooperation between
the doctoral programmes
in Geneva, Lausanne,
Lugano and Zurich
has been established over
the past years. We now
offer a large variety of specialised
doctoral courses
in finance to more than
100 students from Swiss
universities. Furthermore,
the annual Swiss Doctoral
Workshop in Finance provides
an ideal forum for our
in five FINRISK research
modules as follows:
– Asset Pricing and Portfolio
Management: How
do risks affect asset prices
and investors’ portfolio
decisions?
– Corporate Finance: How
do risks affect corporations’
fundamental decisions?
– Risk Management: How
should financial and nonfinancial
risks be quantified
and managed?
– Quantitative Methods in
Finance: Which are the
mathematical, sta tistical
and computational tools
that are necessary to provide
meaningful answers
to the above cited research
questions?
– Banking and Regulation:
How to prevent systemic
crises?
students to present their
research to a mix of local
and international faculty.
Ultimately, our efforts have
led to the launching of the
Swiss Finance Institute
PhD program in finance.
Structural Effects
The activities of FINRISK
have contributed to the fact
that several Swiss universities
have declared Finance
to be one of their top priority
research areas. In
2006, the Swiss Bankers
Association, recognising
the importance of research
and high level education
in finance for the reputation
of the Financial Centre
Switzerland, has launched
the Swiss Finance Institute
that aims to secure and
extend the research and
educational efforts of
FINRISK in the long-term,
see also www.swissfinanceinstitute.ch.
Further information see
www.nccr-finrisk.ch
Third Party Cooperation
Research Institutions
• A. Razmadze Mathematical
Institute, Georgian Academy of
Sciences, Tbilisi, GE
• Booth School of Business,
University of Chicago, US
• Business School, Columbia
University, New York, US
• Business School, University of
Chicago at urbana Champaign,
Indiana, US
• Business School, University of
Minnesota, US
• California Institute of Technology,
Pasadena, US
• Center for Computational
Research in Economics and
Management Science, MIT School
of Management, Cambridge, US
• Département de Finance,
École des Hautes Études
Commerciales, Montréal, CA
• Département de Sciences
Économiques, Université de
Montréal, Montréal, CA
• Département mathématiques,
Université Paris Dauphine, FR
• Department of Neurophysics,
University of Marburg, DE
• Department of Economics,
London School of Economics
and Political Science, GB
• Department of Economics,
University of Napoli, IT
• Department of Economics,
University of Siena, IT
• Department of Finance,
Bocconi University, Milan, IT
• Department of Finance,
Boston University, Boston, US
• Department of Finance, California
Institute of Technology, Caltech, US
• Department of Finance, Carnegie
Mellon University, Pittsburgh, US
• Department of Finance, Columbia
University, New York, US
• Department of Finance,
Duke University, Durham, US
• Department of Finance, George
Mason University, Fairfax, US
• Department of Finance,
Norwegian School of Economics
and Business Administration,
Bergen, NO
• Department of Finance, Northwestern
University, Chicago, US
• Department of Finance, University
of California, Berkeley, US
• Department of Finance,
University of Minnesota, US
• Department of Finance,
University of Rochester, US
• Department of Finance,
University of Toronto, CA
• Department of Finance,Washington
University, St. Louis, US
• Department of Mathematics and
Statistics, Boston University, US
• Dipartimento di Matematica,
Politecnico di Torino, IT
• Division of the Humanities and Social
Sciences, Caltech, Pasadena, US
• ENSAE, Paris, FR
• Faculty of Mathematics, University
of Vienna, AT
• Finance, UCLA Anderson School
of Management, Los Angeles, US
• Financial and Actuarial
Mathematics, Vienna University
of Technology, AT
• Finance Department, Columbia
Business School, New York, US
• Finance Department,
School of Business, Madison, US
• Finance Department,
The London Business School, GB
• Fisher College of Business,
Ohio State University, US
• Graduate School of Business,
Stanford University, US
• Graduate School of Business,
University of Chicago, US
Guide 2013 | 79