Banking and Finance
Welcome to the Division of Banking and Finance at Nanyang Business School!
Our division comprises two groups. One group
works in financial economics, and another specialises in actuarial science,
insurance and risk analytics.
Our faculty's research is consistently featured in international conferences and top finance and actuarial/insurance journals, including the Journal of Finance, Journal of Financial Economics, Review of Financial Studies, Journal of Risk and Insurance, Insurance: Mathematics and Economics, and North American Actuarial Journal. Many of our colleagues have won international awards for their research and contributions to the field. We hold regular seminars featuring researchers from around the world and also run an active brown bag seminar. Our division consistently ranks among the top three in Asia for financial economics research (Olin Business School’s CAFR Ranking, UTD Top 100 Business School Research Rankings). Our division is also ranked among the top five business schools globally for research in Actuarial Science and Risk Management & Insurance (University of Nebraska–Lincoln Global Research Rankings).
Our division offers various programmes at the undergraduate, master's, and doctoral levels. At the undergraduate level, we offer four specializations including Banking and Finance, International Trading, Actuarial Science and Risk Analytics with a diverse set of courses. At the master's level, we offer an MSc in Financial Engineering and an MSc in Finance. Our Ph.D. students have the option to write a thesis in either finance or actuarial science/insurance. We are university partners with the Chartered Financial Analyst (CFA) Institute and the Chartered Alternative Investment Analyst (CAIA) Association. Our actuarial science programme is the only programme in Singapore that is accredited by the Institute and Faculty of Actuaries (IFoA) and is recognized by the Society of Actuaries (SOA) as a Center of Actuarial Excellence.
Welcome again to our division. Do reach out if you would like to learn more or wish to collaborate with us.
Can't afford to buy a house, can't get married, gamble and speculate and go bankrupt overnight, how miserable can young Koreans be?
“High housing prices weigh heavily on the minds of young South Koreans. Home prices in Seoul have risen nearly 93 per cent since 2017 due to a lack of supply, making it nearly impossible for young South Koreans to buy a home on their own,” says Prof Kang Jun-Koo.
Cyberspace Administration of China: Illegally collecting user information to save national security hidden dangers Didi was fined 1.65 billion yuan
However, Assoc Prof Deng Xin says that as a leading Internet company, the fines imposed on Didi is not large compared with the size of the company. “Didi will likely make rectifications in accordance with the country's data security requirements before proceeding to be listed in Hong Kong, setting a precedence for other Internet companies planning to list outside of China,” she says.
Funding insurance policies with loans could prove detrimental
Assoc Prof Jonas Chen says that people borrowed at rates close to the benchmark short-term rate and invested their cash in higher-yielding investments. “But this method of financing could present some challenges for policyholders given interest rates are on the rise as central banks around the world go on an aggressive drive to stamp out inflation,” he says.
The Big Read: Consumers feeling the squeeze as industry disruptors come under pressure to deliver profits
Assoc Prof Lee Boon Keng says that rising interest rates coupled with economic uncertainties make raising funds more challenging, with private equity funds probably “less tolerant of high (cash) burn-rate. This means that early-stage start-ups would have to prove their viability faster, and late-stage disruptors will have to show profitability sooner.”
PayNow banks raise limit for ad hoc transactions to at least $5k
Assoc Prof Angie Low says the higher PayNow limit might change the service's landscape; attracting more users with differing purposes.
Subnational debt of China: The politics-finance nexus
This paper by Asst Prof Ru Hong shows that Chinese local governments choose to default on banks with weaker political power.
Deepening cyber resilience
The insurance market can enhance the management of cyber risk by promoting awareness, encouraging measurement, and providing incentives for risk reduction.
Is this time different, for emerging markets?
It has been 20 years since the Asian Financial Crisis. By the rhythm of financial crises, starting from the Latin American debt crisis in the early 1980s to the sub-prime crisis in the late 2000s, it would appear that the buck should be passed to emerging markets right around now.
We have more than 15 active research faculty members, who have published more than 60 papers in top finance journals. We offer excellent research support and have a seminar series, featuring finance professors from top business schools around the world.Find out more
We have more than 15 active research faculty members, who have published more than 60 papers in top finance journals.
The Division of Banking and Finance offers programmes at the undergraduate, master, and doctoral levels.
Division of Banking & Finance