The Irish Academy of Finance (IAF) was established in 2018 as a formal network, primarily of Irish researchers but also international (especially those who have an Irish interest), who aim at promoting the field of Finance in Ireland and to contribute to the development and application of finance in Ireland. The IAF is an internationally focused professional association for research and education on the discipline of Finance. It promotes the advancement of research, knowledge, and education in the field of Finance with a particular focus on engaging academic and professional communities. It aims to enhance collaborations between researchers in Finance from many universities and other institutions in Ireland and abroad.

2020 Research Workshops

Upcoming Workshops:

 

There is currently one active Workshop:

At University College Cork there is the forum on Alternative Finance for SMEs: 2021 and Beyond – this is a 2-day Virtual Symposium on 12-3pm May 5-6.

This event will provide a unique forum to discuss alternative funding sources for SMEs, both in Ireland and internationally.

Focusing on non-bank asset finance and equity finance, the event will expand understanding on (1) the market impact of different forms of SME funding (venture capital, business angel, non-bank lending and peer to peer funding); (2) the funding gaps that still remain for SMEs; and (3) issues which are important for the sustainability of these alternative forms of finance.

The event will combine internationally recognized, evidence-based, high-impact research with the knowledge and experience of alternative finance providers and users of this finance.

This is a free event. For further information or queries, please contact: jennifer.cunningham@ucc.ie

To register to attend, please complete the registration form here.

 

The event will run over two half days on the 5th and 6th of May 2021.

Speaker bios and additional information can be found here.

 

 

Day 1 Schedule: May 5th 2021

12:20 – 12:30 Welcome by Prof. Thia Hennessy, Dean of Cork University Business School
SESSION 1: Non-Bank Asset Finance: The Providers and the Users
Chair: Prof. Edward Shinnick, Cork University Business School
12:30 –12:50 The Market for Non-Bank Finance in Ireland: An Emerging Market
Eimear McGeown, Cork University Business School
12:50 –13:10 Insights from the UK Market for Non-Bank Finance: Lending to Small firms, Crowd funding and P2P
Prof Marc Cowling, University of Derby
13:10 –13:30 The Realities of Servicing the Irish Market: How do we Make it More Sustainable?
Ken Murnaghan, CEO Finance Ireland
13:30-13:40 Coffee Break
13:40 –13:00 Benefits of Digital SME Lending over Traditional Methods
Colin Canny, Head of Originations & Jamie Heaslip, Head of Brand Marketing – Flender
14:00 –14:20 Funding Gaps and the Role of Microfinance Ireland
Garrett Stokes, Microfinance Ireland 
14:20 – 14:40 Brexit, COVID-19 and the Funding Landscape for SMEs 2021 and Beyond
Michael Meade & Shane O’Neill, Davy Corporate Finance
14:40 -15:00 Q&A with panel of speakers

 

 

Day 2 Schedule: May 6th 2021

SESSION 2: Equity Finance: Policy and Practice
Chair: Dr. Bernadette Power Cork University Business School
12:30 –12:50 The Performance and Survival of Equity Financed High Tech Start-ups in Ireland: Lessons from the Irish experience
Dr. Geraldine Ryan, Cork University Business School
12:50 –13:10 Recent Lessons from the UK Government VC Market and Meeting Future Low Carbon Investment Challenges
Prof. Robyn Owen, Middlesex University
13:10 –13:30 Venture Capital: Its Impact 2021 and Beyond
Sarah Jane Larkin, Irish Venture Capital Association
13:30-13:40 Coffee Break
13:40 –14:00 HBAN Network: Business Angel Funding and the Boole Investment Syndicate
Larry O’ Donoghue, Cork BIC
14:00 –14:20 The Equity Funding Landscape for SMEs 2021 and Beyond
Dr. Fergal McAleavey, Ireland Strategic Investment Fund
14:20 – 14:50 Q&A with panel of speakers
14:50-15:00 CLOSING COMMENTS

 

 

To register to attend, please complete the registration form here.

Local Organisers: Dr. Bernadette Power, Prof. Edward Shinnick and Eimear McGeown

Committee: Dr. Bernadette Power, Eimear McGeown, Prof. Edward Shinnick, Dr. Geraldine Ryan and Dr. Jane Power who are all researching the impact of alternative finance to SMEs.

Sponsors: School of Economics, Cork University Business School, The Entrepreneurship Group, Cork University Business School and Irish Academy of Finance.

 

 

 

 

 

Previous IAF Workshops:

 

IAF Workshop 2020:1

 

 

Doctoral mini workshop by Professor Thierry Post on Asset Pricing

 

As part of his visit to UCD School of Business, Professor Thierry Post will give a workshop on an introduction to doctoral-level asset pricing in room N302 from 9 am to 11 am on Monday 24th Feb and then Monday 2nd March. No registration required.

 

The schedule will be indicatively as follows:

 

Day 1 (24th February):

  • Recap of the CAPM and APT
  • General asset pricing framework based on the Stochastic Discount Factor representation of the implication of asset pricing models
  • Empirical methods: Fama Mac Beth regressions; Gibbons, Ross & Shanken regressions and GMM tests
  • Stylized facts and Empirical Puzzles

 

Day 2 (2th March):

  • Derivatives/options pricing (theory, methods, empirical patterns), connection with the topics of the first day via the SDF and the risk neutral distribution

 

Professor Post’s Bio 

Professor Post holds the Finance Chair at Nazarbayev University Graduate School of Business, a joint School of Duke University and Nazarbayev University. His areas of interest are asset management, portfolio theory, asset pricing, behavioural finance and financial econometrics. He published over 50 articles in refereed journals (including American Economic Review, Review of Economic Studies, Journal of Finance, Review of Financial Studies, Management Science, Journal of Financial and Quantitative Analysis, Review of Finance, Journal of Business and Economic Statistics, Journal of Econometrics) and published a textbook on Investments together with Professor Haim Levy of the Hebrew University in Jerusalem. He is also adjunct professor at the Cambridge-INET Institute within the Faculty of Economics of the University of Cambridge. Before taking up the Chair of Finance in Nazarbayev University, he was full professor (Asset Pricing chair) and head of the Finance department at Erasmus School of Economics in Rotterdam, the Netherlands.

 

He is one of the main international scholars on the application of the theory of stochastic dominance to financial decision making, after the ground-breaking work represented by his 2003 article in the Journal of Finance on this topic, followed by many more important contributions. His work on behavioural finance, such as his American Economic Review article with Nobel Prize winner Richard Thaler, also received widespread attention in the profession and the international media. He completed his PhD in Finance at the Tinbergen Institute in 1999.

 

 

 

 

IAF Workshop 2019:2

The Irish Academy of Finance invites members to a research seminar by Professor Allaudeen Hameed. The research seminar will be held on two dates and venues to facilitate participants based in different parts of the country. It will be held in Dublin City University on Wednesday, December 11th, 2019 and at University of Limerick on Friday, December 13th, 2019.

In addition, Professor Hameed will offers insights into publishing in high quality journals in a workshop that will be held in Dublin City University on December 11th, 2019.

Research Paper: Disagreement, option volume and anomalies
Allaudeen Hameed (National University of Singapore)
Byounghyun Jeon (Marquette University)

 

Programme:
December 11th, DCU Business School, Room Q305/306
11am-12:30pm:  Research seminar
12:30pm-2pm:    Lunch
2pm-3pm:           Publishing workshop

Register HERE

 

December 13th, University of Limerick, Room TBA
11am-12:30pm:  Research seminar

Register HERE

Registration is free for all events. Please click on the link below each event to register. Further details of the Workshop is given here.

 

 

IAF Workshop 2019:1

The Irish Academy of Finance (IAF)  is delighted to announce a joint research seminar by Professor Bruce Grundy and Professor Ron Giammarino on June 6th, 2019, between 10am to 1pm.

Research Seminar: The Effect of Information Differences on Investment Strategy – Details given here

Slides: Ron and Bruce

Date and venue: June 6th, 2019, 10am to 1pm, Smurfit UCD, Room E101 – Photos here