European Financial Management Association

What European Financial Management Association does

The European Financial Management Association (EFMA) is a nonprofit academic association founded in 1991 by Professor John Doukas to encourage research and disseminate knowledge about financial decision making in European corporations, financial institutions, and capital markets. The organization is headquartered at Old Dominion University's Strome College of Business in Norfolk, Virginia, and operates with a small 1-10 person staff including the founder (who serves as Managing Editor) and an advertising/IT/webmaster manager. Its core output is the European Financial Management (EFM) peer-reviewed journal, distributed via a longstanding publishing partnership with Wiley on Wiley Online Library, supplemented by an EFM e-Library archive.

EFMA's product portfolio centers on the journal, an annual conference series rotating across European venues (Norway 2026, Greece 2025, Lisbon 2024, UK 2023, Rome 2022, with prior meetings in Dublin, Leeds, Amsterdam, Athens, Aarhus, Barcelona and other cities), the EFM Merton H. Miller Doctoral Seminar for PhD students, the weekly EFM Network webcast and newsletter reaching 25,000+ subscribers across 20,000+ sites worldwide, an EFM Awards program for best papers, a guest-post service, and paid advertising placements on its website/webcast. The underlying technology is a conventional web platform (efmaefm.org) with newsletter distribution; there are no APIs, mobile apps, or proprietary AI/ML systems disclosed.

Monetization is distributed across three streams: (1) journal subscriptions sold through Wiley; (2) advertising on the webcast and website at a flat rate of $300 per announcement for a one-month posting; and (3) conference registrations and sponsorships at annual meetings. The customer base is a horizontal academic community segmented into finance academics/researchers (primary), PhD and MBA students, financial market practitioners, and business/management schools using the platform for faculty recruitment and program promotion. No venture, private equity, or parent-company ownership is reported — the association is founder-controlled and independent.

Name

European Financial Management Association

Legal name

European Financial Management Association

Website

https://efmaefm.org

Company type

Private

Founded year

1991

Operating status

Operating

Headcount range

1–10 employees

Short description

EFMA is a 1991-founded nonprofit academic association that publishes the European Financial Management journal, hosts annual conferences across European venues, and distributes finance research via a weekly webcast to 25,000+ subscribers worldwide.

Ownership category

akta.pro rank

Product category

Academic Finance Association / Professional Association Services

NAICS

Periodical Publishers (513120), Newspaper, Periodical, Book, and Directory Publishers (5131)

SIC

Services-Membership Organizations (8600), Periodicals: Publishing Or Publishing & Printing (2721)

akta.pro primary industry

Finance & Investment Conferences (MPAGAGAG)

akta.pro secondary industry

Open Educational Resources (OER) & Open Access Academic Publishing (MPAJABAG)

Keywords

• Academic finance research
• Peer-reviewed journal
• Finance conferences
• Doctoral seminars
• Financial management publications

Headquarters

HQ city

Norfolk

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Others

Revenue model

1. Journal Subscriptions: The European Financial Management (EFM) journal is published through Wiley, with subscriptions available via Wiley's ordering system. The journal has a 2025 Impact Factor of 4.2.
2. Advertising Services: EFMA offers advertising placement on its website and weekly webcast/newsletter. The standard advertising fee is $300 per announcement regardless of length, posted for one month. The service reaches over 25,000 Finance and Economics Academics, Researchers, Financial market practitioners, PhD/MBA students, Business and Management Schools, and Government officials worldwide.
3. Conference Registrations: EFMA organizes annual conferences where researchers present papers and attend sessions. Various conferences are hosted at international locations including Portugal, Greece, UK, Italy, Ireland, Norway, and other countries.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels7 records

Core offering

EFMA is a nonprofit professional academic association that publishes the peer-reviewed European Financial Management (EFM) journal through Wiley, hosts annual conferences at European and global locations, distributes a weekly webcast/newsletter to over 25,000 subscribers, and offers advertising placement services to reach the global finance academic community.

Product overview

The European Financial Management Association (EFMA) is an academic professional organization founded in 1991, not a technology product company. EFMA operates a portfolio of services centered on its peer-reviewed European Financial Management (EFM) Journal and Annual Meetings conference series. The organization's offerings include the EFM Journal (the flagship publication), EFMA Annual Meetings (conferences featuring keynote addresses and research presentations), EFM e-Library (digital archive and submission platform), EFM Network Webcast/Newsletter Service (reaching 25,000+ subscribers), EFM Merton H. Miller Doctoral Seminar (PhD student development program), EFM Awards (research recognition), Guest Post Service, and Advertising Services. These offerings work together to serve the academic finance community through publication, conference participation, and professional networking.

Differentiator

Problem solved

Functional benefit

Products and services

• European Financial Management (EFM) Journal Peer-reviewed academic journal publishing research on financial decision-making in European corporations, financial institutions, and capital markets. Available via Wiley Online Library subscriptions; targeted at finance academics, researchers, and PhD students.
• EFMA Annual Meetings Annual conferences where members present and discuss finance research, featuring keynote addresses from leading academics (e.g., Harvard Business School, Ohio State University, Cambridge Judge Business School) and special sessions on emerging topics.
• EFM e-Library

Quantifiable outcome

• 2025 Impact Factor: 4.2 for European Financial Management journal

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Four partnerships are on record, tiered core and minor.

• Wiley (John Wiley & Sons)coreStrategic or Co-development Partner · 1 January 1991Wiley serves as the publisher and distribution partner for the European Financial Management (EFM) journal. The partnership enables online access through Wiley Online Library, handles journal subscriptions, and provides the publishing infrastructure for the academic journal with Impact Factor 4.2.
• Deree-The American College of GreececoreStrategic or Co-development PartnerHost venue for the EFMA 2025 Annual Meeting held June 25-28, 2025 in Athens, Greece. The conference brought together finance academics and researchers for paper presentations and networking.
• Old Dominion UniversitycoreStrategic or Co-development PartnerDr. John Doukas, EFMA founder and Managing Editor of EFM, is a Professor at Old Dominion University's Strome College of Business. The university's Constant Hall houses the EFMA administrative office.
• Harvard Business SchoolminorOthersProfessor Lauren Cohen from Harvard Business School served as the EFMA 2026 Keynote Speaker delivering a talk titled 'Dinner Table Alpha' at the Norway conference.

Scale indicators5 records

Recent moves5 records

Expansion highlights4 records

Broad incumbents

• CFA Institute: Global not-for-profit serving investment professionals through the CFA Program, Financial Analysts Journal, and industry research. Comparable as a nonprofit finance association with a peer-reviewed journal and credentialing programs, though practitioner-focused rather than academic.
• INFORMS: Large operations research and analytics professional society publishing multiple journals (including finance-adjacent titles) and hosting major annual meetings. Comparable in journal-and-conference nonprofit association model, though broader scope than EFMA's finance focus.

Direct peers

• European Finance Association: Closest direct competitor within European finance academia. Publishes the Review of Finance and hosts the annual EFA Meeting. Highly comparable geography, mission, and product mix to EFMA, though with broader European institutional backing.
• American Finance Association: Largest US-based academic finance association publishing the Journal of Finance. Directly comparable to EFMA as a peer-reviewed journal publisher and annual conference organizer for finance academics, though with significantly greater scale and US-centric scope.
• Financial Management Association: US-based academic association publishing the Journal of Financial Management (now Financial Management) and hosting the Annual FMA Meeting. Directly comparable to EFMA in mission, journal-conference dual product model, and finance-academic member base.

Emerging players

• International Association for Financial Management: Smaller international finance management association focused on connecting finance academics and practitioners. Comparable in membership-association model and academic-finance focus, though with lower journal prestige.

Others

• Wiley (John Wiley & Sons): EFMA's strategic publishing and distribution partner for the EFM journal. Comparable as the infrastructure partner powering EFMA's subscription revenue stream and global journal distribution through Wiley Online Library.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• Xx.com/EFMA_EFM
• YouTubeyoutube.com/channel/UCmgwwyq1LVaPqGm4xYX1slw
• Facebookfacebook.com/pages/European-Financial-Management-Association/350564998457848?ref=hl
• LinkedInlinkedin.com/company/efma-european-financial-management-association

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about European Financial Management Association