Financial Management Association

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The Financial Management Association International is an organization, similar to the American Finance Association, that publishes a peer-reviewed journal and holds annual meetings, primarily attended by finance professors, practitioners who commonly work for the U.S. Securities and Exchange Commission or litigation consulting firms, and doctoral students. The European Finance Association lists the FMA, as it is commonly known, as one of the nine premier financial associations for academics and practioners in the world.^[1]

The FMA also sponsors student chapters at many universities, with undergraduate finance majors participating. The web site for the chapter at the Carey School of Business at Arizona State University describes some of the activities of this chapter.^[2]

Administration and Governance

The FMA was founded in 1970 and employs a full-time staff based in Tampa, Florida, and is headed by an executive director. The current executive director is Michelle Lui. There is also an elected president and other officers, including a board of directors composed of academics and practitioners.^[3] Past presidents include Franklin Allen, Mark Flannery, Maureen O'Hara, and Laura Starks.^[4]

The FMA's web site is at https://www.fma.org/

Annual Meetings

The FMA holds a number of meetings each year, spread over the calendar year. The largest, with normally about 1,600 attendees, is the annual meeting, held in North America in October. A recent paper listed it as the largest academic finance conference in the world by the number of papers presented.^[5] There is also an annual European meeting of the Financial Management Association, usually held in June, and not to be confused with the annual meeting of the European Financial Management Association^[6], which is an entirely different organization. The European meeting of the FMA is normally attended by about 300 people. The FMA also holds an Asia/Pacific meeting, usually attended by approximately 200 people. The FMA also holds additional meetings, including an Applied Finance conference that is co-sponsored by St. John's University in New York City.^[7]

Publications

The flagship publication of the FMA is Financial Management,^[8] published by Wiley.^[9] The current editors are Michael Goldstein, Kathleen Kahle, and Shawn Thomas. A 2005 study rated it the 10th most prestigious out of 40 finance journals.^[10]

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