The Program for Financial Studies supports faculty involvement in external educational and research organizations. These memberships help to expand the program’s exposure to and its impact on forward-thinking thought leadership.
Faculty representatives from the Program for Financial Studies are members of the Enterprise Risk Management Institute International — also known as ERM-II. ERM-II promotes education, research, and training in enterprise risk management. ERM-II brings together sponsors from universities, industry and professional organizations to promote research, educational standards, and best practices in the modeling and management of risk on an enterprise-wide basis. Professor Mark N. Broadie currently serves as the vice chairman of ERM-II.
ERM-II has held a number of conferences and symposia on enterprise risk management, including a workshop on market liquidity which took place at Columbia University.
The Program for Financial Studies is a sponsor member of the Institute for Quantitative Research in Finance — also known as the Q-Group. The Q Group brings together a select group of sponsors from the investment community to create and implement structured solutions to financial and investment problems, seeking to improve the operation of the global financial marketplace. These goals are achieved through active member engagement and dialogue at semi-annual seminars, and through the production of relevant research.
To date, the Program for Financial Studies has funded the attendance of professors Andrew Ang, Moshe Cohen, Marco Di Maggio, Charles Jones, Laurie Hodrick, Robert Hodrick, Mauricio Larrain, Michaela Pagel, Suresh Sundaresan, and Maxim Ulrich at these seminars. In addition, numerous faculty members have presented research to or received grants from the Q-Group, including professors Andrew Ang, Laurie Hodrick, Robert Hodrick, Gur Huberman, and Wei Jiang.
