BI Department of Finance


The Department of Finance has a strong international orientation, with faculty from leading schools in finance and economics. Our research is published in top journals and covers all areas of finance. BI will host the EFA in 2016.

The department currently has about twenty faculty members. The department recruits faculty internationally from some of the world’s best schools. Based on the number of publications in top-tier academic finance journals, the department was ranked in the top ten in Europe and number 80 in the world (University of Dallas UTD ranking, 2005-2015).

Faculty publishes their research regularly in the top journals of finance as well as in top field journals. Faculty actively participates in international scientific conferences and invited seminars at universities around the world.

The department runs an active research seminar series where academics from the worlds’ top schools are invited each week to present their research giving faculty and PhD candidates an opportunity to discuss their ideas and current research with speakers and visitors.


Research activities are focused in research centers:


Centre for Asset Pricing Research (CAPR)

The Centre for Asset Pricing Research (CAPR) serves as a bridge between academia and the financial industry.

Established at the end of 2011, CAPR is a nexus of people and projects devoted to further the understanding of how asset price dynamics are determined.

The Centre supports faculty research groups, workshops, internal seminars and industry seminars.

The Centre’s mandate encompasses broad themes in empirical and theoretical asset pricing and portfolio choice. The long term aim of the centre is to build up an internationally visible research group.


Centre for Corporate Governance Research (CCGR)

The objective of the Centre for Corporate Governance Research (CCGR) is to improve the insight into how the governance of firms influences the welfare of its stakeholders. CCGR pays special attention to the private industry in general and to non-listed firms and family firms in particular.

CCGR focuses on empirical research and primarily studies Norwegian firms. The projects often use data that are difficult to obtain in other countries (such as unusually detailed ownership data for listed firms and high-quality accounting data for non-listed firms) or that reflect institutional environments which are unique internationally (such as mandatory representation of employees and females on the board of directors).

The quality control devices of CCGR are a careful selection of research teams, a commitment to publishing in reputable academic journals, close interaction with the business community and regulating bodies, and a policy of disseminating the findings to the general public through the media.