Swiss Finance Institute
Encyclopedia
The Swiss Finance Institute (SFI) is a Swiss research
and scientific educational institute in the areas of banking and finance
.
Organized as a foundation, the Institute belongs to the most important knowledge pools of the Swiss financial center. It emerged from the integration of three institutes: the «International Center FAME for Financial Asset Management and Engineering» in Geneva, the «Swiss Banking School» in Zurich and the «Stiftung Banking and Finance at the University of Zurich
».
, the Institute was formed in 2005 as a foundation domiciled in Zurich
with seed capital of 75 million Swiss francs. The Swiss Finance Institute began its activities at the beginning of 2006 and has three regional research centers: the Swiss Finance Institute-Léman in Geneva
and Lausanne
comprises scholars from the Universities of Geneva
and Lausanne
and the Swiss Federal Institute of Technology in Lausanne
, the Swiss Finance Institute-Zurich comprises scholars from the University of Zurich and the ETH (Swiss Federal Institute of Technology) Zurich
and the Swiss Finance Institute-Lugano
comprises scholars from the University of Lugano.
The foundation is carried by Swiss banks, the Swiss stock market SIX Swiss Exchange as well as the Swiss Confederation, the Swiss National Science Foundation
and numerous Swiss universities. Correspondingly, the Foundation’s Board consists of key figures from economics and science. In addition to top managers from the most important Swiss banks, members of the Board include Andreas Fischer, President of the University of Zurich, Peter Gomez, Economist and President of the Board of SIX Swiss Exchange, Piero Martinoli, President of the University of Lugano and Jean-Dominique Vassalli, President of the University of Geneva.
Until he took office as member of the Governing Body of the Swiss National Bank
at the beginning of 2010, the Institute was headed by Jean-Pierre Danthine. For nine years prior to this, he directed the «International Center FAME for Financial Asset Management and Engineering», one of the three former organizations making up the Swiss Finance Institute today. As of February 2011 the Institute is under the direction of Prof. Claudio Loderer.
program. The faculty
has over 50 academic professors and lecturers at its disposal. These include Peter Bossaerts, one of the pioneers and leading researchers in the area of Neuroeconomics
. The Institute also has access to professors and lecturers from other academic institutes and universities, including renowned professors such as Yacine Aït-Sahalia and Tim Bollerslev
.
On academic subjects, the Swiss Finance Institute also works closely with the Centre of Competence in Research FinRisk launched by the Swiss National Science Foundation. Since its formation, the Swiss Finance Institute has issued numerous publications and scientific papers. These have appeared in renowned international professional journals such as the American Economic Review
, Econometrica
, the Journal of Finance, the Journal of Financial Economics and the Review of Financial Studies. They can also be found in the database of the Social Science Research Network (SSRN) in New York.
Furthermore, the Institute regularly organizes symposium
s, workshops and an annual conference with guest lectures and podium discussions.
Research institute
A research institute is an establishment endowed for doing research. Research institutes may specialize in basic research or may be oriented to applied research...
and scientific educational institute in the areas of banking and finance
Finance
"Finance" is often defined simply as the management of money or “funds” management Modern finance, however, is a family of business activity that includes the origination, marketing, and management of cash and money surrogates through a variety of capital accounts, instruments, and markets created...
.
Organized as a foundation, the Institute belongs to the most important knowledge pools of the Swiss financial center. It emerged from the integration of three institutes: the «International Center FAME for Financial Asset Management and Engineering» in Geneva, the «Swiss Banking School» in Zurich and the «Stiftung Banking and Finance at the University of Zurich
University of Zurich
The University of Zurich , located in the city of Zurich, is the largest university in Switzerland, with over 25,000 students. It was founded in 1833 from the existing colleges of theology, law, medicine and a new faculty of philosophy....
».
Organization
Under the auspices of the Swiss Bankers AssociationSwiss Bankers Association
The Swiss Bankers Association is a professional organization of Swiss financial institutions.-Background:The trade association known as the Swiss Bankers Association was founded in 1912 in Basel, Switzerland. It is the primary industry group representing the Swiss Banks to the government of...
, the Institute was formed in 2005 as a foundation domiciled in Zurich
Zürich
Zurich is the largest city in Switzerland and the capital of the canton of Zurich. It is located in central Switzerland at the northwestern tip of Lake Zurich...
with seed capital of 75 million Swiss francs. The Swiss Finance Institute began its activities at the beginning of 2006 and has three regional research centers: the Swiss Finance Institute-Léman in Geneva
Geneva
Geneva In the national languages of Switzerland the city is known as Genf , Ginevra and Genevra is the second-most-populous city in Switzerland and is the most populous city of Romandie, the French-speaking part of Switzerland...
and Lausanne
Lausanne
Lausanne is a city in Romandy, the French-speaking part of Switzerland, and is the capital of the canton of Vaud. The seat of the district of Lausanne, the city is situated on the shores of Lake Geneva . It faces the French town of Évian-les-Bains, with the Jura mountains to its north-west...
comprises scholars from the Universities of Geneva
University of Geneva
The University of Geneva is a public research university located in Geneva, Switzerland.It was founded in 1559 by John Calvin, as a theological seminary and law school. It remained focused on theology until the 17th century, when it became a center for Enlightenment scholarship. In 1873, it...
and Lausanne
University of Lausanne
The University of Lausanne in Lausanne, Switzerland was founded in 1537 as a school of theology, before being made a university in 1890. Today about 12,000 students and 2200 researchers study and work at the university...
and the Swiss Federal Institute of Technology in Lausanne
École polytechnique fédérale de Lausanne
The École polytechnique fédérale de Lausanne is one of the two Swiss Federal Institutes of Technology and is located in Lausanne, Switzerland.The school was founded by the Swiss Federal Government with the stated mission to:...
, the Swiss Finance Institute-Zurich comprises scholars from the University of Zurich and the ETH (Swiss Federal Institute of Technology) Zurich
ETH Zurich
The Swiss Federal Institute of Technology Zurich or ETH Zürich is an engineering, science, technology, mathematics and management university in the City of Zurich, Switzerland....
and the Swiss Finance Institute-Lugano
Lugano
Lugano is a city of inhabitants in the city proper and a total of over 145,000 people in the agglomeration/city region, in the south of Switzerland, in the Italian-speaking canton of Ticino, which borders Italy...
comprises scholars from the University of Lugano.
The foundation is carried by Swiss banks, the Swiss stock market SIX Swiss Exchange as well as the Swiss Confederation, the Swiss National Science Foundation
Swiss National Science Foundation
The Swiss National Science Foundation is a science research support organization mandated by the Swiss Federal Government. The SNSF was established in 1952 as a foundation under private law. Its secretariat is based in Bern....
and numerous Swiss universities. Correspondingly, the Foundation’s Board consists of key figures from economics and science. In addition to top managers from the most important Swiss banks, members of the Board include Andreas Fischer, President of the University of Zurich, Peter Gomez, Economist and President of the Board of SIX Swiss Exchange, Piero Martinoli, President of the University of Lugano and Jean-Dominique Vassalli, President of the University of Geneva.
Until he took office as member of the Governing Body of the Swiss National Bank
Swiss National Bank
The Swiss National Bank is the central bank of Switzerland. It is responsible for Swiss monetary policy and for issuing Swiss franc banknotes.The names of the institution in the four official languages of the country are: ; ; ; ....
at the beginning of 2010, the Institute was headed by Jean-Pierre Danthine. For nine years prior to this, he directed the «International Center FAME for Financial Asset Management and Engineering», one of the three former organizations making up the Swiss Finance Institute today. As of February 2011 the Institute is under the direction of Prof. Claudio Loderer.
Activities
The Swiss Finance Institute offers various programs in tertiary and post-graduate education, among them a Master in Asset and Wealth Management and a Ph.D.Doctor of Philosophy
Doctor of Philosophy, abbreviated as Ph.D., PhD, D.Phil., or DPhil , in English-speaking countries, is a postgraduate academic degree awarded by universities...
program. The faculty
Faculty (university)
A faculty is a division within a university comprising one subject area, or a number of related subject areas...
has over 50 academic professors and lecturers at its disposal. These include Peter Bossaerts, one of the pioneers and leading researchers in the area of Neuroeconomics
Neuroeconomics
Neuroeconomics is an interdisciplinary field that seeks to explain human decision making, the ability to process multiple alternatives and to choose an optimal course of action. It studies how economic behavior can shape our understanding of the brain, and how neuroscientific discoveries can...
. The Institute also has access to professors and lecturers from other academic institutes and universities, including renowned professors such as Yacine Aït-Sahalia and Tim Bollerslev
Tim Bollerslev
Tim Peter Bollerslev is a Danish economist, currently the Juanita and Clifton Kreps Professor of Economics at Duke University. A fellow of the Econometric Society, Bollerslev is known for his ideas for measuring and forecasting financial market volatility and for the GARCH model...
.
On academic subjects, the Swiss Finance Institute also works closely with the Centre of Competence in Research FinRisk launched by the Swiss National Science Foundation. Since its formation, the Swiss Finance Institute has issued numerous publications and scientific papers. These have appeared in renowned international professional journals such as the American Economic Review
American Economic Review
The American Economic Review is a peer-reviewed academic journal of economics publishing seven issues annually by the American Economic Association. First published in 1911, it is considered one of the most prestigious journals in the field. The current editor-in-chief is Penny Goldberg . The...
, Econometrica
Econometrica
Econometrica is a peer-reviewed academic journal of economics, publishing articles not only in econometrics but in many areas of economics. It is published by the Econometric Society and distributed by Wiley-Blackwell. Econometrica is one of the most highly ranked economics journals in the world...
, the Journal of Finance, the Journal of Financial Economics and the Review of Financial Studies. They can also be found in the database of the Social Science Research Network (SSRN) in New York.
Furthermore, the Institute regularly organizes symposium
Symposium
In ancient Greece, the symposium was a drinking party. Literary works that describe or take place at a symposium include two Socratic dialogues, Plato's Symposium and Xenophon's Symposium, as well as a number of Greek poems such as the elegies of Theognis of Megara...
s, workshops and an annual conference with guest lectures and podium discussions.
External links
- Website of the Swiss Finance Institute http://www.swissfinanceinstitute.ch/
- List of publications http://idbib3.unizh.ch/V/BNF6ASFFGSR4M9CYBJHLV8LXQM5MS9HQY5SGY24P3HBTK9C7E7-02114?FUNC=META-1-CHECK&MODE=advanced&FIND_CODE_2=WRD&FIND_REQUEST_2=Swiss+Finance+Institute&FIND_OP_1=AND&FIND_CODE_3=WRD&FIND_REQUEST_3=&CKBOX=IDS00431&CKBOX=IDS00600&CKBOX=IDS00432&CKBOX=IDS00433&CKBOX=IDS06097&SUBMIT=go&pds_handle=GUEST
- Literature in German National Library https://portal.d-nb.de/opac.htm?method=simpleSearch&query=Swiss+Finance+Institute