Congratulations to the officers and directors elected in the AFA 2022 election:
President: Markus Brunnermeier,
President Elect and 2024 Program Chair: Monika Piazzesi,
Vice President: Ulrike Malmendier,
Directors: Alex Edmans, Nadya Malenko, Wei Xiong
The 2022 AFA elections are now closed. All regular members of the AFA were sent an email with a link to candidate bios and a ballot. Note: Student Members and Worldwide Directory of Finance members without a paid membership are not eligible to vote.
The AFA rookie job market cycle of 2021-2022 created uncertainty, confusion, and unneeded stress for job market candidates and for recruiters. In the interest of developing a more coordinated job market that benefits all involved, the AFA Board has the following suggested guidelines.
Initial interviews can be virtual or in person, but the AFA recommends that the initial interviews should not begin before December 15, 2022, and that the timing of the “campus visit” should occur after the AFA meeting.
In order to facilitate the best matching between candidates and positions, the AFA Board believes strongly that job offers should remain open until at least February 20. The AFA Board also encourages employers to abstain from giving exploding offers with too short of a time frame, since they are unfair to the candidates. Consequently, the AFA promotes the following professional norm: If a job candidate receives and accepts a coercive exploding offer (i.e., one that expires before February 20), the AFA does not consider such an acceptance to be binding.
These guidelines are designed for the AFA rookie recruiting cycle and do not pertain to recruiting cycles for other job markets such as the FMA or European job markets.
The AFA is pleased to announce that Kathleen Weiss Hanley has accepted the role of AFA Executive Secretary and Treasurer (EST). From July 1, 2022 until June 30, 2023, Professor Hanley will work alongside current EST Jim Schallheim. Beginning July 1, 2023, Professor Hanley will assume the office of EST.
Professor Hanley holds the position of Bolton-Perella Endowed Chair in Finance at Lehigh University and is the Director of the Center for Financial Services. From 2011 to 2013, she was the Deputy Chief Economist of the Securities and Exchange Commission. Prior to that time, she was a Senior Economist at the Board of Governors of the Federal Reserve System and a Senior Financial Economist at the SEC. She has also been on the faculty of the University of Maryland and the University of Michigan.
Professor Hanley currently serves as the co-editor of the Quarterly Journal of Finance, and as an associate editor of both the Journal of Accounting and Public Policy and the Journal of Financial Services Research. Her research focuses on capital formation and market pricing and has been published in leading finance journals such as The Journal of Finance, Journal of Financial Economics, The Review of Financial Studies, Journal of Accounting and Economics, and the Journal of Accounting Research.