Future of Finance Award planned for 2027 Annual Meetings

The AFA Board of Directors has approved a new prize for researchers who completed their PhD no more than 6 years ago. The Future of Finance Award will recognize those who have written a paper that is both innovative and creative, and that challenges existing approaches in financial economics. These criteria include novel methodology (including theory and econometrics) and interdisciplinary approaches.

Authors must submit their papers for the AFA Annual Meeting and indicate in the submission form that they would like to be considered for this award (the paper submission site will open in mid-February and close on March 16). The submitting author must indicate the PhD year for all authors on the paper. If any author received their PhD more than 6 years prior, the paper is ineligible for consideration.

Up to four papers will be selected and featured in a special “Future of Finance” Session at the AFA Annual Meeting. Authors of the selected papers will be invited to submit their paper to the Journal of Finance with the guarantee that the paper will not be desk-rejected. If the paper is published in the Journal of Finance, it will automatically be entered in the short-list of papers considered for the Rick Green prize (conditional on meeting all prize requirements).

Inaugural Rick Green Prize awarded to Indira Puri

The AFA is pleased to congratulate Indira Puri, the inaugural recipient of the Rick Green Prize, for her paper “Simplicity and Risk”, published in the April 2025 issue of the Journal of Finance.

Indira Puri is an Assistant Professor of Finance at the NYU Stern School of Business and a Faculty Affiliate in the NYU Department of Economics. Her research examines decision-making in financial markets, with a particular focus on revisiting foundational results in finance. Puri earned a B.A.S. in Mathematics and Economics from Stanford University in 2017, an M.S. in Computer Science from Stanford in 2019, and a Ph.D. in Economics from MIT in 2023. She has received numerous honors, including the Yuki Arai Prize, the Top Finance Graduate Award, and the Paul & Daisy Soros Fellowship.

The Rick Green Prize promotes the work of early-career researchers. The prize is dedicated to Rick Green, an esteemed former editor of the Journal of Finance known for his unwavering support of students and junior faculty. Eligible papers are those published in the Journal of Finance where all researchers are less than 7 years out from their PhD graduation at the time of paper submission. The prize is awarded annually.

Congratulations to the 2025 Journal of Finance Prize Winners

Dimensional Fund Advisors Prize

Brattle Group Prize

Jay Ritter selected as new AFA Fellow

The American Finance Association is pleased to announce that Professor Jay Ritter has been named the 2026 Fellow of the American Finance Association, one of the Association’s highest honors recognizing individuals who have made distinguished and lasting contributions to the field of finance. Professor Ritter earned his bachelor’s, master’s, and PhD degrees from the University of Chicago and, until transitioning to emeritus status in 2024, served as the Joseph B. Cordell Eminent Scholar at the University of Florida; he now directs the IPO Initiative at the University’s Warrington College of Business. With more than 61,000 citations, his research has profoundly influenced both academic scholarship and practice, spanning topics such as capital formation, IPO underpricing and long-run performance, investment banking, capital structure, behavioral finance, and market anomalies. Widely known as “Mr. IPO,” Professor Ritter is also recognized for his exceptional service to the profession, including the creation and ongoing maintenance of a publicly accessible IPO data resource that has supported countless academic studies, dissertations, policy analyses, and media reports, as well as his mentorship of generations of students and scholars worldwide.

Journal of Finance: Insights and Perspectives – Submission Portal Now Open

The Journal of Finance: Insights and Perspectives publishes leading research across all the major fields of financial research.  Insights articles are of the same quality and importance as those in the Journal of Finance when their key insight can be conveyed succinctly.  Perspectives articles synthesize active lines of research and outline promising future research directions. The journal will publish four issues per year on a broad range of topics. We look forward to reading your submissions soon.

Submission Guidelines

Overview and Editorial Board