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New centre focuses financial studies research

31 August 2005

Monash is one of three universities to lead a new centre aimed at driving financial research in Melbourne.

Professor Godfrey with Mr Haermeyer at the launch of the Melbourne Centre for Financial Studies.

The Melbourne Centre for Financial Studies was launched by the Victorian Minister for Financial Services, Mr Andre Haermeyer, earlier this month.

The centre is led by Monash, the University of Melbourne and RMIT University.

Mr Haermeyer said it would enhance Victoria's international reputation for innovative financial services and a skilled and educated workforce.

The consortium will drive research in financial studies, including banking and financial services, Australian and Asia-Pacific financial markets, funds management and derivatives and tradeable markets.

The centre will be at 330 Collins Street, Melbourne -- close to many high-profile and well-known financial services organisations.

Monash's consortium representative and head of the Department of Accounting and Finance, Professor Jayne Godfrey, said the department was proud to continue linking finance and accounting with high-quality research, consulting and training.

"The centre is part of the Victorian government's plan to showcase Melbourne as a leader in financial research," she said.

"It will be an outstanding collegial venture with our colleagues at the University of Melbourne and RMIT.

"The consortium will open doors for sponsorship and contract research opportunities.

"We will also work with the government and businesses to shape the research agenda of the centre and ensure Melbourne's place as the financial centre for the region is firmly established," she said.

The centre's research activities will be overseen by an advisory board that will include senior representation from the financial services industry.