Projects per year
Organisation profile
The Finance Group (FIN) is led by Daniel Tsvetanov and aims to produce world class academic research with high application impact.
Our particular areas of expertise include: Asset Pricing, Banking, Behavioural Finance, Corporate Finance, Financial Econometrics, International Finance, Portfolio Management and Risk Management. As proud members of the European Education Initiative for Sustainable Finance (EEI), our ethos and values reflect a firm commitment to responsible finance, environmental sustainability and impact investing.
Group members are recognised internationally for their contribution to the advancement of financial thought and practice as reflected by their publications in leading journals and the large number of citations these have received. After all, NBS is recognised in REF2014 as being amongst the top 10 business schools in the UK in terms of research output quality while UEA is typically ranked amongst the top 15 institutions in the UK and 200 internationally. In terms of impact, Norwich is fourth in the UK for the number of most highly cited scientists after London, Cambridge and Oxford. Group members have an active role within the Norwich Financial Industry Group (FIG). This public/private partnership, was established in 2001 to promote and develop the banking, insurance and finance sectors in Norwich and Norfolk. FIG is led by multinationals based in Norwich such as Aviva and Marsh, along with public sector partners and NBS. Norwich is recognised by the UK Trade & Investment Financial Services Organisation (UKTI FSO) as one of the 15 financial centres of excellence in the UK.
An essential part of our group is the PhD programme in Finance led by Raphael Markellos as a strand within the NBS doctoral programme. The unique approach of the programme combines formal training with that of an apprenticeship in that you work closely with faculty on writing articles and teaching. The programme leverages our significant experience in research supervision and reflects the professional success of the doctoral graduates we have supervised which have taken on academic posts in international academic institutions such as Manchester Business School, Leeds University Business School, Edinburgh Business School, UEA, University Utrecht, Cranfield University, University of Essex and Brunel Business School.
Our PhD candidates typically undertake empirical research using a variety of quantitative methods. Research topics are strongly linked to the interests and expertise of staff and include most traditional areas of finance. PhD candidates are supervised by 2 or 3 members of staff. If you are interested in studying for a PhD in Finance at NBS, please contact Apostolos Kourtis or Raphael Markellos.
Collaborations and top research areas from the last five years
Profiles
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Bader Aljamaan
Person: Research Group Member, Degree of Doctor of Philosophy
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Abdulaziz Alnasser
Person: Research Group Member, Degree of Doctor of Philosophy
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Saleh Alromeh
Person: Research Group Member, Degree of Doctor of Philosophy
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Pyramids of Life: Working with nature for a sustainable future
Ferrini, S., Bark, R. & Grilli, G.
Natural Environment Research Council
1/10/21 → 31/07/25
Project: Research
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Beyond the horizon: A human-friendly deployment of artificial intelligence and related technologies
Ennis, S., Enstone, B., Fletcher, A., Kitsopoulou, V., Kourtis, A., Markellos, R., Motoki, F., Sehrish, S. & Vlastakis, N.
1/01/25 → 31/12/27
Project: Research
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A decision support procedure for the bioeconomy transition: A Colombian case study
Grilli, G., Cantillo, T., Turner, K., Erazo, J., Murcia López, M. A., Valle Parra, J. S., Cardona, F. G. & Ferrini, S., Feb 2024, In: Journal of Environmental Management. 352, 120042.Research output: Contribution to journal › Article › peer-review
Open AccessFile3 Citations (Scopus)54 Downloads (Pure) -
Can we price beauty? Aesthetics and digital art markets
Alsultan, S., Kourtis, A. & Markellos, R. N., Feb 2024, In: Economics Letters. 235, 111572.Research output: Contribution to journal › Article › peer-review
Open AccessFile22 Downloads (Pure) -
Marine ecosystem services of seagrass in physical and monetary terms: The Mediterranean Sea case study
Addamo, A. M., La Notte, A., Ferrini, S. & Grilli, G., Jan 2025, In: Ecological Economics. 227, 108420.Research output: Contribution to journal › Article › peer-review
Open AccessFile2 Downloads (Pure)
Prizes
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Associate Dean Research (ADR) Impact funding
Klusak, Patrycja (Recipient), 23 Sep 2022
Prize: Other distinction
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"Augusto Gonzalez Linares" award to Attract International Talent in Strategic Areas
Kourtis, Apostolos (Recipient), 2014
Prize: Prize (including medals and awards)
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Basic Research Funding Competition, Athens University of Economics and Business, Greece
Kourtis, Apostolos (Recipient), 2010
Prize: Prize (including medals and awards)
Activities
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Frontiers of climate and nature
Patrycja Klusak (Invited speaker)
24 Oct 2022 → 25 Oct 2022Activity: Participating in or organising an event › Participation in conference
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Chartered Institute for Securities & Investment (CISI), East Anglian Branch (External organisation)
Yifan Chen (Member)
2022 → …Activity: Membership › Network, Working Group or Professional Association
Press/Media
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Lex in depth: how investors are underpricing climate risks
Patrycja Klusak
17/08/23
1 Media contribution
Press/Media: Media Coverage or Contribution
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New study warns climate change could skyrocket national debts globally
Patrycja Klusak
1/08/23 → 11/08/23
170 items of Media coverage
Press/Media: Media Coverage or Contribution
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Researchers call for regulatory climate crackdown on sovereign credit ratings
Patrycja Klusak
7/08/23
1 Media contribution
Press/Media: Media Coverage or Contribution