Women in Finance Data
A Monitoring Tool
It is a well-known fact that the proportion of women varies widely between different professions. Women’s careers differ from men’s for many reasons, such as preferences, networks, norms, children, and discrimination. The share of women also varies between different areas within academia and even within the field of economics. Unfortunately, financial economics seems to be one of the subfields that attracts the least women, see e.g. Adams and Xu (2022), Lundberg and Stearns (2019), and Friebel, Fuchs-Schündeln, and Weinberger (2021).
To increase the knowledge about the representation of female researchers in finance, we have gathered information from leading research institutions by collecting data that are publicly available on the institutions' websites. Our objective is to facilitate fact-finding and induce action by publishing reliable data.
This website draws heavily on previous work by Guido Friebel, Alisa Weinberger, and Sascha Wilhelm at Goethe University in Frankfurt. Their method is explained in detail in Friebel and Wilhelm (2019), and their result is presented on the Women in European Economics website.
The Data
Our dataset covers only researchers in financial economics. We collect information from the global top 100 and European top 50 research institutions according to the UT Dallas Business School Rankings based on publications in the JF, JFE, and RFS in 2018–2020. The sample covers universities and business schools from 20 countries. Researchers are included in the sample if they belong to a finance department, finance research area/group/division, or if the institution otherwise provides information from which it can be determined whether the researchers are finance researchers.
Based on the position descriptions and name titles, we map all researchers to a hierarchical level. Since every country has its own non-standardized terms for its levels, we map positions into a general hierarchy of positions: (1) Full Professor, (2) Associate Professor, (3) Assistant Professor, (4) Lecturer, (5) Research Fellow, and (6) Research Associate, see Friebel and Wilhelm (2019) for details.
We have done our best to assure the quality of the data, not only by manual checks, but also by asking the people responsible for the respective institution. Despite this, we cannot completely rule out that there are errors for individual institutions. Corrections or other input are very welcome.
We present our data on the country level, institutional level, and hierarchical level. No personal data are made available on this website.
Liability
The data on this website is managed by the Swedish House of Finance at the Stockholm School of Economics. No external parties are liable for the data.
The data may not be used for any purpose other than statistical analysis. Use of this data to learn the identity of any person is prohibited. Read about compliance with the GDPR here.
Acknowledgements
First, we would like to thank Renée Adams at Oxford University for coming up with the idea to create this website. We would also like to thank our colleagues at Goethe University. Finally, we would like to extend a special thank you to Alisa Weinberger for excellent project management. Without Alisa, this dataset would not have existed.
Please check the AFFECT database, and consider adding yourself to the list of female researchers around the world.
Gender distribution among researchers in financial economics
- Women (1373)
- Men (4783)
Summary Statistics
References
Adams, R.B. and J. Xu (2022)“The Inequality of Finance,” available at SSRN.
Friebel, G., N. Fuchs-Schündeln, and A. Weinberger (2021)“Statusbericht zum Frauenanteil in der Volkswirtschaftslehre an deutschen Universitäten,” Perspektiven der Wirtschaftspolitik 22 (2), 142-155
Friebel, G. and S. Wilhelm (2019)“The Women in European Economics Monitoring Tool: Technical Description,” Working Paper, available at https://women-economics.com.
Lundberg, S. and J. Stearns (2019)“Women in Economics: Stalled Progress,” Journal of Economic Perspectives, 33, 3–22
SHoF Women in Finance Data Description 2024
SHoF Women in Finance Data Description 2023
Download the SHoF Women in Finance Data
Countries
Gender distribution across countries
Institutions
Gender distribution across institutions
-
1.
University of Turin
45.5% -
2.
University of Missouri
39.3% -
3.
University College London
38.7% -
4.
University of New South Wales (UNSW)
38.2% -
5.
Kings College London
36.5% -
6.
Monash University
34.2% -
7.
University of British Columbia
34.1% -
8.
University of Melbourne
33.9% -
9.
University of Edinburgh
33.3% -
9.
Lancaster University
33.3% -
9.
University of Mannheim
33.3% -
9.
ESSEC
33.3% -
13.
National University of Singapore (NUS)
31.6% -
14.
London School of Economics and Political Science
31.1% -
15.
University of Zurich
31.0% -
16.
University of Geneva
30.8% -
17.
Imperial College London
30.4% -
17.
City University London
30.4% -
17.
University of California at Irvine
30.4% -
17.
Toulouse School of Management (TSM)
30.4% -
17.
Toulouse School of Economics (TSE)
30.4% -
22.
University of North Carolina at Chapel Hill
30.3% -
23.
Georgia Institute of Technology
30.0% -
24.
London Business School (LBS)
29.8% -
25.
Vrije Universiteit Amsterdam
29.7% -
26.
Stockholm School of Economics (SSE)
29.4% -
26.
University of Illinois at Chicago
29.4% -
28.
University of Amsterdam
29.0% -
29.
University of Texas at Dallas
28.8% -
30.
Indian School of Business
28.6% -
30.
University of Colorado at Boulder
28.6% -
32.
University of Warwick
27.8% -
33.
Harvard University
27.6% -
33.
Texas A&M University at College Station
27.6% -
35.
McGill University
27.5% -
36.
University of Toronto
27.4% -
37.
Ohio State University
26.9% -
38.
University of Utah
26.8% -
39.
Boston University
26.1% -
39.
Hong Kong Polytechnic University
26.1% -
41.
Rice University
26.0% -
42.
University of South Carolina
25.9% -
43.
Carnegie Mellon University
25.8% -
43.
Temple University
25.8% -
45.
Stockholm University
25.7% -
45.
University of Rochester
25.7% -
47.
Norwegian School of Economics (NHH)
25.6% -
48.
Pennsylvania State University at University Park
25.0% -
49.
University of Michigan at Ann Arbor
24.3% -
50.
Columbia University
24.1% -
51.
Universidad Carlos III de Madrid (UC3M)
23.8% -
51.
Tsinghua University
23.8% -
53.
University of Chicago
23.5% -
54.
University of Illinois at Urbana-Champaign
23.2% -
55.
Indiana University at Bloomington
23.0% -
56.
Bocconi University
22.9% -
56.
Cornell University
22.9% -
58.
BI Norwegian Business School
22.8% -
59.
University of Lausanne
22.7% -
60.
University of Minnesota at Twin Cities
22.5% -
61.
University of Manchester
22.4% -
61.
Frankfurt School of Finance and Management
22.4% -
61.
Northwestern University
22.4% -
64.
University of Washington at Seattle
22.0% -
65.
NOVA University Lisbon
21.4% -
66.
Copenhagen Business School
21.1% -
67.
City University of New York (CUNY)
21.0% -
68.
University of Pennsylvania
20.9% -
68.
University of Navarra
20.9% -
70.
Yale University
20.7% -
71.
University of Arizona
20.6% -
72.
Technical University of Munich (TUM)
20.0% -
72.
Tulane University
20.0% -
74.
University of Houston
19.6% -
75.
Washington University at St. Louis
19.4% -
75.
University of California at Berkeley
19.4% -
75.
Aalto University
19.4% -
78.
Erasmus University
19.3% -
79.
University of Vienna
19.0% -
80.
Boston College
18.5% -
80.
Purdue University
18.5% -
82.
University of Texas at Austin
18.3% -
83.
Swiss Federal Institute of Technology in Lausanne
18.2% -
83.
Drexel University
18.2% -
85.
Massachusetts Institute of Technology
18.1% -
86.
University of Southern California
17.9% -
87.
Tilburg University
17.6% -
88.
Michigan State University
17.1% -
89.
University of Miami
17.0% -
89.
University of Florida
17.0% -
91.
Duke University
16.7% -
91.
University of California at San Diego
16.7% -
91.
University of Pittsburgh
16.7% -
91.
Georgia State University
16.7% -
91.
University of Innsbruck
16.7% -
96.
Universita della Svizzera Italiana, Lugano
15.8% -
96.
Arizona State University
15.8% -
96.
University of Maryland at College Park
15.8% -
99.
University of Hong Kong
15.6% -
100.
New York University
15.5% -
101.
Queen's University - Canada
15.4% -
102.
Singapore Management University
15.0% -
102.
Northeastern University
15.0% -
104.
Peking University, Guanghua
14.8% -
105.
University of Notre Dame
14.6% -
106.
Stanford University
14.5% -
107.
Nanyang Technological University
14.3% -
108.
IE University
14.1% -
109.
State University of New York (SUNY) at Buffalo
13.5% -
109.
Hong Kong University of Science and Technology (HKUST)
13.5% -
111.
Emory University
13.3% -
112.
University of California at Los Angeles
13.0% -
113.
City University of Hong Kong
12.9% -
114.
Princeton University
12.5% -
114.
INSEAD
12.5% -
116.
Pompeu Fabra University
12.0% -
117.
Goethe-University of Frankfurt
11.8% -
118.
Johns Hopkins University
11.7% -
119.
University of Kentucky
11.5% -
120.
University of Virginia
10.5% -
121.
Georgetown University
10.4% -
122.
HEC Paris
10.0% -
123.
University of Cambridge
9.7% -
124.
University of Oxford
8.7% -
125.
Chinese University of Hong Kong (CUHK)
8.3% -
126.
Brigham Young University
7.7% -
127.
University of Bern
7.1% -
127.
University of Copenhagen
7.1% -
129.
Humboldt University at Berlin
6.7% -
130.
University of Gothenburg
6.2% -
130.
Dartmouth College
6.2% -
132.
EDHEC
6.1% -
133.
University of Cyprus
0.0% -
1.
Toulouse School of Management (TSM)
66.7% -
2.
Tulane University
50.0% -
3.
Ohio State University
40.0% -
3.
University of California at Irvine
40.0% -
3.
University of Arizona
40.0% -
6.
INSEAD
33.3% -
6.
University of Illinois at Chicago
33.3% -
6.
Temple University
33.3% -
6.
University of Missouri
33.3% -
10.
University of Manchester
31.6% -
11.
University of California at Berkeley
30.8% -
12.
City University London
29.2% -
13.
Lancaster University
28.6% -
13.
IE University
28.6% -
13.
University of Mannheim
28.6% -
16.
Indiana University at Bloomington
27.3% -
16.
Rice University
27.3% -
18.
Toulouse School of Economics (TSE)
26.7% -
19.
University of Melbourne
25.0% -
19.
University of Edinburgh
25.0% -
19.
Nanyang Technological University
25.0% -
19.
National University of Singapore (NUS)
25.0% -
19.
University of Miami
25.0% -
19.
Georgetown University
25.0% -
19.
Purdue University
25.0% -
19.
University of South Carolina
25.0% -
19.
University of Kentucky
25.0% -
19.
University of Vienna
25.0% -
19.
Tsinghua University
25.0% -
19.
University of Geneva
25.0% -
31.
University of North Carolina at Chapel Hill
23.1% -
32.
Northwestern University
22.7% -
33.
ESSEC
22.2% -
33.
Queen's University - Canada
22.2% -
33.
University of Utah
22.2% -
36.
University of New South Wales (UNSW)
20.0% -
36.
University of Minnesota at Twin Cities
20.0% -
36.
Pennsylvania State University at University Park
20.0% -
36.
Carnegie Mellon University
20.0% -
36.
Drexel University
20.0% -
36.
Technical University of Munich (TUM)
20.0% -
42.
Imperial College London
19.0% -
43.
Kings College London
18.2% -
43.
New York University
18.2% -
43.
University of Michigan at Ann Arbor
18.2% -
43.
Stockholm University
18.2% -
47.
Boston College
17.6% -
47.
City University of New York (CUNY)
17.6% -
49.
University of Toronto
17.4% -
50.
University of British Columbia
16.7% -
50.
Universidad Carlos III de Madrid (UC3M)
16.7% -
50.
Cornell University
16.7% -
50.
Emory University
16.7% -
50.
Northeastern University
16.7% -
50.
Norwegian School of Economics (NHH)
16.7% -
56.
Massachusetts Institute of Technology
14.8% -
57.
Monash University
14.3% -
57.
Boston University
14.3% -
57.
University of Virginia
14.3% -
57.
Stockholm School of Economics (SSE)
14.3% -
57.
Hong Kong University of Science and Technology (HKUST)
14.3% -
57.
Swiss Federal Institute of Technology in Lausanne
14.3% -
63.
University of Pennsylvania
13.3% -
63.
Harvard University
13.3% -
65.
University of Washington at Seattle
12.5% -
65.
University of California at San Diego
12.5% -
67.
Stanford University
12.0% -
68.
Yale University
11.8% -
68.
Goethe-University of Frankfurt
11.8% -
70.
University of Colorado at Boulder
11.1% -
70.
Texas A&M University at College Station
11.1% -
72.
University of Southern California
10.5% -
73.
Dartmouth College
10.0% -
73.
Brigham Young University
10.0% -
75.
London Business School (LBS)
9.1% -
75.
University of Texas at Austin
9.1% -
75.
Peking University, Guanghua
9.1% -
75.
Tilburg University
9.1% -
79.
University of Oxford
8.3% -
79.
University of Navarra
8.3% -
79.
University of California at Los Angeles
8.3% -
82.
London School of Economics and Political Science
6.7% -
82.
Vrije Universiteit Amsterdam
6.7% -
84.
Duke University
6.2% -
85.
Copenhagen Business School
5.9% -
86.
Columbia University
5.6% -
87.
Bocconi University
5.3% -
88.
University of Chicago
4.8% -
89.
HEC Paris
0.0% -
89.
EDHEC
0.0% -
89.
University of Warwick
0.0% -
89.
University of Cambridge
0.0% -
89.
University College London
0.0% -
89.
McGill University
0.0% -
89.
Singapore Management University
0.0% -
89.
Pompeu Fabra University
0.0% -
89.
University of Illinois at Urbana-Champaign
0.0% -
89.
Washington University at St. Louis
0.0% -
89.
Arizona State University
0.0% -
89.
University of Notre Dame
0.0% -
89.
University of Maryland at College Park
0.0% -
89.
University of Florida
0.0% -
89.
University of Houston
0.0% -
89.
Georgia Institute of Technology
0.0% -
89.
Michigan State University
0.0% -
89.
Princeton University
0.0% -
89.
University of Texas at Dallas
0.0% -
89.
University of Rochester
0.0% -
89.
Johns Hopkins University
0.0% -
89.
University of Pittsburgh
0.0% -
89.
Georgia State University
0.0% -
89.
State University of New York (SUNY) at Buffalo
0.0% -
89.
University of Gothenburg
0.0% -
89.
Frankfurt School of Finance and Management
0.0% -
89.
Humboldt University at Berlin
0.0% -
89.
University of Innsbruck
0.0% -
89.
Chinese University of Hong Kong (CUHK)
0.0% -
89.
University of Hong Kong
0.0% -
89.
City University of Hong Kong
0.0% -
89.
Hong Kong Polytechnic University
0.0% -
89.
University of Lausanne
0.0% -
89.
Universita della Svizzera Italiana, Lugano
0.0% -
89.
University of Bern
0.0% -
89.
University of Zurich
0.0% -
89.
BI Norwegian Business School
0.0% -
89.
University of Turin
0.0% -
89.
University of Copenhagen
0.0% -
89.
Erasmus University
0.0% -
89.
University of Amsterdam
0.0% -
89.
University of Cyprus
0.0% -
89.
Aalto University
0.0% -
89.
Indian School of Business
0.0% -
89.
NOVA University Lisbon
0.0%
Hierarchical Levels
Gender distribution across hierarchical levels
Feedback and questions
In case you have questions, requests, or comments, feel free to contact:
Marieke Bos
marieke.bos@hhs.se
Göran Robertsson
goran.robertsson@hhs.se
We are looking forward to hearing from you.
