Finance

The Finance Discipline within the School of Economics, Finance and Marketing, aims at providing high quality research which make a positive impact and contribution to academia and the wider community and society at large.

While our academic staff undertake research in key areas of specialisation, as a school we equally promote cross-disciplinary research through our diverse research groups and centres.

The aim of our research in the Finance Discipline is to engage in both industry and academic relevant discussion through our quality seminars, advisory boards, finance colloquiums and industry as well as academic conferences, which help us shape the research agenda. Some of the key areas of expertise that we deliver include:

Asset pricing: We focus on various empirical finance and  capital markets and focus on investment and  risk-return analysis, volatility modelling  stock market efficiency and anomalies; derivative pricing and risk management; market microstructure; and quantitative finance

Sustainable/Green Finance: We analyse the impact of environment, social or governance (ESG) criteria in financial services; How those criteria affect decisions in investment and capital expenditure while being beneficial to both the investor and society at large; we focus on measuring the implications of different products including impact investing, the impact of ESG investing, hedging against climate risk.

Corporate Finance: We explore areas such as corporate board independence and diversity, corporate risk management and excessive executive compensation, through company governance activities such as increasing diversity and accountability of the board, protecting shareholders and their rights, and reporting and disclosing information.

Behavioural Finance: We study the role of behavioural biases and sentiment in the financial decision-making process. We extend behavioural studies in financial markets using approaches grounded in psychological research, with applications in asset pricing, corporate finance, and household finance.

Financial market innovation and wellbeing: We analyse trends in the domestic and international movement of capital as well as the impediments of tax and regulation and stability of banking systems; We also examine the role of corporate governance and institutional quality on the process of capital raising and global financial markets; we focus on the price impacts of corporate events such as dividend payouts, corporate spin-offs, share buybacks and Initial Public Offerings (IPOs); Evaluation the design of retirement funding in global pension systems; assessment of pension adequacy with a focus on the assessment of pension for women.

In addition, our academic experts undertake research in:

  • Banking
  • Market microstructure and information
  • International Finance
  • Behavioural Finance
  • Green Policies
  • Quantitative Finance
  • Financial Econometrics

We offer a high-quality PhHD program with our academic staff available for supervision in their respective areas.

For further information about research in Finance, contact the Head of Department, Professor Banita Bissoondoyal-Bheenick via banita.bissoondoyal-bheenick@rmit.edu.au.

 

Latest Achievements

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Our successful bid to be part of the Digital Finance Cooperative Research Centre (CRC), which amounts to $181.3 million.

The CRC brings the school to partner with industry and other universities to research the evolving digital finance sector, and create a digital currency for Australia.

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Professor Jonathan Batten has been appointed to multiple editorial positions in premier finance journals, such as managing editor of Journal of International Financial Markets, Institutions & Money, co-editor of Finance Research Letters, and senior editor of Emerging Markets Review.

Publications

Our researchers’ high-quality work are acknowledged by industry peers and have been published in many prestigious national and international journals.

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Our Research Programs

Broad research specialisations covering economics and finance include microeconomics, macroeconomics, econometrics, finance, capital markets and financial institutions, financial instruments, international finance, risk management, international monetary economics and industrial economics.

Masters by Research

PhD (Economics, Finance & Marketing)

Contact

Visit us

Address: Building 80, 445 Swanston Street, Melbourne,  VIC-3000
Location: Melbourne City campus , Building 80
Hours:
 Monday - Friday 9:00 - 17:00

Postal address

School of Economics, Finance and Marketing
GPO Box 2476
Melbourne 3001, Victoria, Australia

RMIT Connect

Information for current College of Business and Law students.

Address: Building 80, Level 7, 445 Swanston Street, Melbourne,  VIC, 3000
Phone: +61 3 9925 5000
Hours: Monday - Thursday: 9am - 5pm,  Friday: 10am - 5pm

People

Key contacts at the School of Economics, Finance and Marketing.

Meet our people

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Acknowledgement of country

RMIT University acknowledges the people of the Woi wurrung and Boon wurrung language groups of the eastern Kulin Nation on whose unceded lands we conduct the business of the University. RMIT University respectfully acknowledges their Ancestors and Elders, past and present. RMIT also acknowledges the Traditional Custodians and their Ancestors of the lands and waters across Australia where we conduct our business - Artwork 'Luwaytini' by Mark Cleaver, Palawa.

aboriginal flag
torres strait flag

Acknowledgement of country

RMIT University acknowledges the people of the Woi wurrung and Boon wurrung language groups of the eastern Kulin Nation on whose unceded lands we conduct the business of the University. RMIT University respectfully acknowledges their Ancestors and Elders, past and present. RMIT also acknowledges the Traditional Custodians and their Ancestors of the lands and waters across Australia where we conduct our business.