Shanghai Advanced Institute of Finance (SAIF)

^#1

in Asia for 3 consecutive times
by the Financial Times
Masters in Finance Ranking
_Top 100

2024 QS World University
Subject Rankings in 3 disciplines
14

research centers and labs at
the China Academy of Financial Research
30⁺

international partners for
global study experiences

RESEARCH

Chen, Kedong, Hung‐Chung Su, Kevin Linderman, and William Li. (2024). Last‐minute coordination: Adapting to demand to support last‐mile operations. Journal of Operations Management, Accepted.

Geng, Zhe, and Jun Pan. (2024). The SOE Premium and Government Support in China’s Credit Market. Journal of Finance, 79(5), 3041–3103.

Liu, Yu, Hao Wang, Tan Wang, and Lihong Zhang. (2024). Volatility Ambiguity, Portfolio Decisions, and Equilibrium Asset Pricing. Management Science, Published Online.

Gao, Janet, Wenyu Wang, and Xiaoyun Yu. (2024). Big Fish in Small Ponds: Human Capital Migration and the Rise of Boutique Banks. Management Science, Published Online.

Chen, Huafeng (Jason), Jason Victor Chen, and Feng Li. (2024). The Number of Estimates in Footnotes and Accruals. Management Science, 70(1), 283–308.

Chen, Hui, Anton Petukhov, Jiang Wang, and Hao Xing. (2024). The Dark Side of Circuit Breakers. Journal of Finance, 79(2), 1405–1455.

Gao, Pengjie, Allen Hu, Peter Kelly, Cameron Peng, and Ning Zhu. (2024). Asset Complexity and the Return Gap. Review of Finance, 28(2), 511–550.

Fintech Platforms and Mutual Fund Distribution

Management Science, 2024

HONG, Yurong Associate Professor of Finance

PAN, Jun Professor of Finance
SAIF Chair Professor
Chair of Faculty Council

Last-minute coordination: Adapting to demand to support last-mile operations

Journal of Operations Management, 2024

LI, William Chair Professor of Management

The SOE Premium and Government Support in China

Journal of Finance, 2024

PAN, Jun Professor of Finance
SAIF Chair Professor
Chair of Faculty Council

Volatility Ambiguity, Portfolio Decisions, and Equilibrium Asset Pricing

Management Science, 2024

WANG, Tan Deputy Dean
Chair Professor of Finance

Big Fish in Small Ponds: Human Capital Migration and the Rise of Boutique Banks

Management Science, 2024

YU, Xiaoyun Chair Professor of Finance

The Number of Estimates in Footnotes and Accruals

Management Science, 2024

LI, Feng Deputy Dean
Chair Professor of Accounting
Executive Director of CAFR
Co-Director of SAIFR

The Dark Side of Circuit Breakers

Journal of Finance, 2024

WANG, Jiang Senior Advisory Visiting Professor

Asset Complexity and the Return Gap

Review of Finance, 2024

ZHU, Ning Professor of Finance

NEWS

2025 International Forum for China Impact Investing Convenes in Shanghai

The International Forum for China Impact Investing (IFCII) 2025 convened in Shanghai under the theme "Do More with Less: The Future of Sustainable Finance." The forum brought together leading voices from across China's financial ecosystem to address the e

May 17, 2025 MORE →

Professor Ning Zhu Publishes Research in Journal of Financial Economics

Professor Ning Zhu of Shanghai Advanced Institute of Finance (SAIF) at Shanghai Jiao Tong University, has published "Reaching for Yield: Evidence from Households" in the Journal of Financial Economics, a premier international finance journal. The research

May 13, 2025 MORE →

SAIF and Schwab Release 2024 Financial Literacy Report on Chinese Residents

Shanghai Advanced Institute of Finance (SAIF) at Shanghai Jiao Tong University and Charles Schwab unveiled their 2024 China Residents Financial Literacy Report at a release ceremony on April 18th, 2025. This collaborative research initiative, established

May 13, 2025 MORE →

Academician Zhu Chen Inaugurates the SAIF Distinguished Speaker Series

On April 20th, 2025, marking the 16th anniversary of the Shanghai Advanced Institute of Finance at Shanghai Jiao Tong University, the inaugural SAIF Distinguished Speaker Series was launched at the SAIF Greater Hongqiao Center. The event featured Academic

May 09, 2025

SAIF Students Excel in the ETF Global® Portfolio Challenge

Two exceptional students from the SAIF MBA 2024 Class have achieved remarkable success in the Fall 2024-2025 ETF Global® Portfolio Challenge. Jiahui Wang secured 2nd place globally—setting a new record for mainland Chinese university students in this comp

April 25, 2025

SAIF Professors Named 2024 Highly Cited Chinese Researchers by Elsevier

On March 25th, global academic publisher Elsevier released the "2024 Highly Cited Chinese Researchers" list, honoring three professors from the Shanghai Advanced Institute of Finance (SAIF) at Shanghai Jiao Tong University (SJTU). Professors Feng Li, Jun

April 25, 2025

SHANGHAI

BEIJING

SHENZHEN

Xuhui Campus

211 West Huaihai Road

Shanghai 200030, China

Tel: +86 21 6293 3500

Greater Hongqiao Center

9th Floor, Building T6, Hongqiao Hui

990 Shenchang Road

Shanghai 201106, China

Putuo Center

3rd Floor, Building D, Chenfeng Building

800 Tongpu Road

Shanghai 200062, China

5th Floor, West Tower, World Financial Centre

1 Dong San Huan Middle Road

Chaoyang District, Beijing 100020, China

Tel: +86 10 5081 5880

1203 Tower 7, One Shenzhen Bay

Nanshan District, Shenzhen 518000, China

Tel: +86 755 8663 8815

Top

RESEARCH

Hong, Claire Yurong, Xiaomeng Lu, and Jun Pan. (2024). Fintech Platforms and Mutual Fund Distribution. Management Science, Published Online.

Chen, Kedong, Hung‐Chung Su, Kevin Linderman, and William Li. (2024). Last‐minute coordination: Adapting to demand to support last‐mile operations. Journal of Operations Management, Accepted.

Geng, Zhe, and Jun Pan. (2024). The SOE Premium and Government Support in China’s Credit Market. Journal of Finance, 79(5), 3041–3103.

Liu, Yu, Hao Wang, Tan Wang, and Lihong Zhang. (2024). Volatility Ambiguity, Portfolio Decisions, and Equilibrium Asset Pricing. Management Science, Published Online.

Gao, Janet, Wenyu Wang, and Xiaoyun Yu. (2024). Big Fish in Small Ponds: Human Capital Migration and the Rise of Boutique Banks. Management Science, Published Online.

Chen, Huafeng (Jason), Jason Victor Chen, and Feng Li. (2024). The Number of Estimates in Footnotes and Accruals. Management Science, 70(1), 283–308.

Chen, Hui, Anton Petukhov, Jiang Wang, and Hao Xing. (2024). The Dark Side of Circuit Breakers. Journal of Finance, 79(2), 1405–1455.

Gao, Pengjie, Allen Hu, Peter Kelly, Cameron Peng, and Ning Zhu. (2024). Asset Complexity and the Return Gap. Review of Finance, 28(2), 511–550.

NEWS

2025 International Forum for China Impact Investing Convenes in Shanghai

Professor Ning Zhu Publishes Research in Journal of Financial Economics

SAIF and Schwab Release 2024 Financial Literacy Report on Chinese Residents

Academician Zhu Chen Inaugurates the SAIF Distinguished Speaker Series

SAIF Students Excel in the ETF Global® Portfolio Challenge

SAIF Professors Named 2024 Highly Cited Chinese Researchers by Elsevier

Xuhui Campus

Greater Hongqiao Center

Putuo Center