Assistant Professor / Associate professor at the Institute of Finance

Ad text:

Corvinus University of Budapest has over a 100-year-old history and is one of the leading universities in Hungary in Business and Management, Economics, and Social Sciences. We have around 11,500 students, of which approximately 2,000 are international, representing over 100 countries.

We are located in a stunning UNESCO Heritage building overlooking the Danube River, in the heart of Budapest. Our second, state-of-the-art campus opened in 2024.

Budapest was listed in the top-tier category of the Economist 2023 Global Liveability Index. The city comes together with major cities in Western Europe and North America, and it is the highest-ranked city in Eastern Europe.

Our university has been granted accreditation by EFMD and EAPAA and we are the only Hungarian business university to have two international institutional accreditations by AACSB and AMBA. In addition, we are members of several international networks such as CEMS, BSIS, PRME, and CFA. We are also proud to have won the title of the most sustainably developing university in UI GreenMetric’s world ranking in 2022.

About the position:

The Institute of Finance is looking for an Assistant Professor for a 3-year definite period (with a possibility for an extension), or on Associate Professor level it is a permanent position.

The starting date is the Autumn semester of 2025, but some flexibility is possible. Different schemes for tenure track can be offered in case of mutual satisfaction.

The Institute of Finance at the Corvinus University of Budapest is a vibrant academic community with three departments: Corporate Finance; Investments; and Macro-finance. For further information on the Institute, Departments, and University in general, see our website: www.uni-corvinus.hu.

We are looking for research excellence in Finance. The ideal candidate has strong experience in teaching and has excellent communication skills. In the case of Associate Professors, we are especially looking for candidates with a proven record of leading successful grant applications.

They are interested in both theory and application and are open to cooperating with colleagues, students, and external partners.

The candidate will conduct independent research while concurrently contributing to the ongoing research activities and deliver lectures and courses at both undergraduate and graduate levels.

They will also deliver lectures in the field of Finance (e.g. Corporate Finance and/or Investments and/or Quantitative Finance, and/or Macro-Finance).

The teaching load requirement each semester, depending on the academic track (research-oriented or balanced between research and teaching):

- Assistant professor: 6x45 minutes a week or 12x45 minutes a week (for 12 weeks per semester).

- Associate professor: 5x45 minutes a week or 10x45 minutes a week (for 12 weeks per semester).

The research requirement for three years:

- Assistant professor: 1 published Q1 (according to SCImago ranking), and 2 working papers; plus 1 successful grant application for those on a research track.

- Associate professor: 2 published Q1 (according to SCImago ranking), and 2 working papers; plus 1 successful grant application (leadership position) for those on a research track.

Application criteria:

The successful candidate is holding (or is close to completing in the case of assistant professor applicants) a PhD in Finance/ Financial Mathematics/ Economics /Business and Management or related fields from an internationally recognised university.

We explicitly encourage international applications from the top 200 universities based on QS subject ranking (either the studies or any kind of experience (e.g. visiting position, academic position, etc.).

Knowledge of the Hungarian language is not required.

What we offer:

• A salary with the potential for a 15% bonus based on outstanding performance, along with additional internal awards for high-quality publication output.

• Access to databases such as Bloomberg, Refinitive, Orbis and Datastream.

• Opportunity to join research groups, and centers (e.g., Sustainable Finance Research Centre ).

• An opportunity to meet international professors at our Research Seminar series and the international conferences organised by us (Annual Financial Market Liquidity Conference, PRMIA conference ).

• Supportive and inclusive international community.

• Time devoted to research,

• Travel support for conferences,

• Fringe benefits via ’Cafeteria’ allowance,

• One-time relocation support for candidates moving to Hungary.

Application procedure:

• To submit your application materials, log in to the EJM website and choose your Applicant role (or, if you have no account, create one).
• To apply for this position, please submit a cover letter, a CV, a job market paper (for Assistant professors), most recent working paper (for Associate professors) and any additional documents (research proposal, teaching evaluations, two letters of recommendation, etc.) to EconJobMarket.

The application deadline for the applications is on 4th December 2024. Selected applicants will be notified of the details of the online EJM interview by 11th December 2024 at the latest.

We aim to interview shortlisted candidates during a fly-out between January and March 2025.

For further information, please, feel free to e-mail us at [email protected], Cc: Kata Váradi (Head of the Institute of Finance) at [email protected]