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 exclusively on previous work by Guido Friebel, Alisa Weinberger, and Sascha Wilhelm at Goethe University in Frankfurt. They have developed a web-scraping tool that identifies individuals listed on their employers’ websites and records the position description and name titles of these individuals. Gender is identified through first names and a gender identification software analyzing pictures. The technology is explained in detail in Friebel and Wilhelm (2019), and their work 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 retrieved whether the researchers are finance researchers.
Based on the scraped 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 to verify the information we collected. 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 all our colleagues for encouraging comments during the data collection process, and we are very grateful for having the opportunity to use the infrastructure developed by 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.
Gender distribution among researchers in financial economics
- Women (1249)
- Men (4438)
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

Download the SHoF Women in Finance Data
Countries
Gender distribution across countries
Institutions
Gender distribution across institutions
-
1.
University of Pittsburgh
46,2.0% -
2.
University of Zurich
40,9.0% -
3.
NOVA University Lisbon
40.0% -
3.
Toulouse School of Management (TSM)
40.0% -
5.
University of British Columbia
36,4.0% -
6.
London School of Economics and Political Science
35,2.0% -
7.
University of Amsterdam
34,3.0% -
8.
City University London
33,3.0% -
8.
University of Turin
33,3.0% -
8.
University of Utah
33,3.0% -
8.
University of Illinois at Chicago
33,3.0% -
12.
University of Melbourne
32,8.0% -
13.
Stockholm University
32,4.0% -
14.
University of Toronto
31,9.0% -
15.
University of Miami
31,8.0% -
16.
University of New South Wales (UNSW)
31,6.0% -
16.
McGill University
31,6.0% -
18.
University of Mannheim
31,2.0% -
19.
University of Geneva
30,6.0% -
20.
Vrije Universiteit Amsterdam
30.0% -
21.
Monash University
29,7.0% -
21.
University of Minnesota at Twin Cities
29,7.0% -
23.
London Business School (LBS)
29,2.0% -
23.
Kings College London
29,2.0% -
23.
University of California at Irvine
29,2.0% -
26.
University of Warwick
28,6.0% -
26.
Technical University of Munich (TUM)
28,6.0% -
26.
Toulouse School of Economics (TSE)
28,6.0% -
29.
Universidad Carlos III de Madrid (UC3M)
27,8.0% -
30.
Drexel University
27,3.0% -
30.
Tsinghua University
27,3.0% -
32.
University of Maryland at College Park
27.0% -
33.
University College London
26,9.0% -
34.
University of Southern California
26,7.0% -
35.
University of Manchester
26,4.0% -
35.
Stockholm School of Economics (SSE)
26,4.0% -
37.
BI Norwegian Business School
25,8.0% -
38.
National University of Singapore (NUS)
25,7.0% -
38.
Columbia University
25,7.0% -
40.
Imperial College London
25,4.0% -
41.
Ohio State University
25.0% -
41.
University of North Carolina at Chapel Hill
25.0% -
41.
Georgia Institute of Technology
25.0% -
41.
University of South Carolina at Columbia
25.0% -
41.
State University of New York (SUNY) at Buffalo
25.0% -
46.
Washington University at St. Louis
24,5.0% -
47.
Cornell University
24,3.0% -
48.
Texas A&M University at College Station
24,1.0% -
49.
University of Illinois at Urbana-Champaign
24.0% -
50.
University of Innsbruck
23,9.0% -
51.
University of Edinburgh
23,7.0% -
52.
City University of New York (CUNY)
23,5.0% -
52.
ESSEC
23,5.0% -
54.
University of Washington at Seattle
23,4.0% -
55.
Lancaster University
22,9.0% -
56.
Erasmus University
22,6.0% -
56.
University of Missouri at Columbia
22,6.0% -
58.
Queen's University - Canada
22,2.0% -
59.
University of California at Berkeley
21,6.0% -
60.
Aalto University
21,4.0% -
61.
Stanford University
21,3.0% -
62.
University of Arizona
21,2.0% -
63.
Pennsylvania State University at University Park
21,1.0% -
64.
University of Colorado at Boulder
20,9.0% -
64.
Rice University
20,9.0% -
66.
Carnegie Mellon University
20,8.0% -
66.
Purdue University
20,8.0% -
68.
Nanyang Technological University
20,7.0% -
69.
Norwegian School of Economics (NHH)
20,5.0% -
69.
Duke University
20,5.0% -
71.
Pompeu Fabra University
20,4.0% -
72.
Massachusetts Institute of Technology
20,3.0% -
72.
University of Texas at Dallas
20,3.0% -
74.
Bocconi University
20,2.0% -
75.
University of Gothenburg
20.0% -
75.
University of Vienna
20.0% -
75.
Goethe-University of Frankfurt
20.0% -
75.
Indian School of Business
20.0% -
79.
Universita della Svizzera Italiana, Lugano
19,4.0% -
80.
University of Pennsylvania
19,2.0% -
80.
Harvard University
19,2.0% -
80.
University of Michigan at Ann Arbor
19,2.0% -
80.
Copenhagen Business School
19,2.0% -
84.
Boston University
19.0% -
85.
Boston College
18,9.0% -
85.
Tulane University
18,9.0% -
87.
University of Texas at Austin
18,1.0% -
88.
Frankfurt School of Finance and Management
17,9.0% -
89.
Indiana University at Bloomington
17,8.0% -
90.
University of Lausanne
17,4.0% -
91.
University of California at Los Angeles
17.0% -
92.
Humboldt University at Berlin
16,7.0% -
92.
University of California at San Diego
16,7.0% -
92.
Georgia State University
16,7.0% -
92.
University of Virginia
16,7.0% -
96.
Arizona State University
16,3.0% -
97.
New York University
16.0% -
97.
City University of Hong Kong
16.0% -
99.
Michigan State University
15,6.0% -
100.
University of Houston
15,4.0% -
101.
Yale University
15,2.0% -
102.
Singapore Management University
15.0% -
102.
University of Chicago
15.0% -
104.
Hong Kong Polytechnic University
14,8.0% -
105.
Tilburg University
14.0% -
105.
University of Notre Dame
14.0% -
107.
Emory University
13,6.0% -
108.
Swiss Federal Institute of Technology in Lausanne
13,3.0% -
108.
Dartmouth College
13,3.0% -
110.
IE University
13,2.0% -
111.
Northeastern University
12,8.0% -
112.
Georgetown University
12,5.0% -
112.
INSEAD
12,5.0% -
112.
Hong Kong University of Science and Technology
12,5.0% -
115.
Princeton University
11,8.0% -
116.
University of Navarra
11,5.0% -
116.
University of Hong Kong
11,5.0% -
118.
HEC Paris
11,1.0% -
119.
Northwestern University
10,3.0% -
120.
Johns Hopkins University
10,2.0% -
121.
University of Kentucky
10.0% -
121.
EDHEC
10.0% -
121.
Chinese University of Hong Kong (CUHK)
10.0% -
124.
University of Florida
9,8.0% -
125.
University of Oxford
9,1.0% -
126.
University of Rochester
8.0% -
127.
Peking University, Guanghua
7,4.0% -
128.
University of Bern
7,1.0% -
128.
Brigham Young University
7,1.0% -
130.
University of Copenhagen
6,2.0% -
131.
University of Cambridge
5,3.0% -
132.
University of Cyprus
0.0% -
1.
University of Missouri at Columbia
100.0% -
2.
Toulouse School of Management (TSM)
44,4.0% -
2.
Ohio State University
44,4.0% -
4.
University of Illinois at Chicago
40.0% -
4.
University of Arizona
40.0% -
6.
University of California at Berkeley
35,7.0% -
7.
McGill University
33,3.0% -
7.
University of California at Irvine
33,3.0% -
7.
University of Miami
33,3.0% -
7.
Purdue University
33,3.0% -
7.
Tulane University
33,3.0% -
7.
University of Virginia
33,3.0% -
7.
Hong Kong University of Science and Technology
33,3.0% -
14.
University of Manchester
31,2.0% -
15.
Rice University
30.0% -
16.
Toulouse School of Economics (TSE)
28,6.0% -
16.
University of North Carolina at Chapel Hill
28,6.0% -
16.
University of Mannheim
28,6.0% -
16.
Technical University of Munich (TUM)
28,6.0% -
20.
Cornell University
27,3.0% -
21.
City University of New York (CUNY)
26,7.0% -
22.
Queen's University - Canada
25.0% -
22.
Stockholm University
25.0% -
22.
University of Utah
25.0% -
22.
University of Pittsburgh
25.0% -
22.
University of Kentucky
25.0% -
22.
University of Vienna
25.0% -
28.
Northwestern University
22,7.0% -
29.
University of Toronto
22,2.0% -
29.
Indiana University at Bloomington
22,2.0% -
29.
University of Geneva
22,2.0% -
32.
City University London
21,7.0% -
33.
Emory University
20.0% -
33.
University of South Carolina at Columbia
20.0% -
33.
Kings College London
20.0% -
33.
University of Zurich
20.0% -
37.
University of Michigan at Ann Arbor
18,2.0% -
37.
University of Minnesota at Twin Cities
18,2.0% -
37.
Peking University, Guanghua
18,2.0% -
37.
University of Melbourne
18,2.0% -
37.
National University of Singapore (NUS)
18,2.0% -
42.
Boston College
17,6.0% -
43.
INSEAD
16,7.0% -
43.
Georgetown University
16,7.0% -
43.
Carnegie Mellon University
16,7.0% -
43.
Drexel University
16,7.0% -
43.
Tsinghua University
16,7.0% -
43.
Swiss Federal Institute of Technology in Lausanne
16,7.0% -
43.
IE University
16,7.0% -
43.
Universidad Carlos III de Madrid (UC3M)
16,7.0% -
43.
Norwegian School of Economics (NHH)
16,7.0% -
52.
Massachusetts Institute of Technology
15,4.0% -
52.
Goethe-University of Frankfurt
15,4.0% -
54.
Stockholm School of Economics (SSE)
14,3.0% -
54.
University of Washington at Seattle
14,3.0% -
54.
University of Colorado at Boulder
14,3.0% -
54.
Pennsylvania State University at University Park
14,3.0% -
54.
Northeastern University
14,3.0% -
54.
London Business School (LBS)
14,3.0% -
54.
Monash University
14,3.0% -
61.
University of Pennsylvania
13,8.0% -
62.
Yale University
12,5.0% -
63.
EDHEC
11,8.0% -
64.
Harvard University
11,5.0% -
65.
Stanford University
11,1.0% -
65.
Arizona State University
11,1.0% -
65.
University of Hong Kong
11,1.0% -
68.
University of Texas at Austin
10,5.0% -
69.
Dartmouth College
10.0% -
69.
Brigham Young University
10.0% -
71.
ESSEC
9,1.0% -
72.
New York University
8,7.0% -
73.
Columbia University
8,3.0% -
73.
University of Oxford
8,3.0% -
73.
University of Warwick
8,3.0% -
73.
University of Innsbruck
8,3.0% -
77.
University of Southern California
7,7.0% -
77.
University of California at Los Angeles
7,7.0% -
77.
Hong Kong Polytechnic University
7,7.0% -
77.
University of Navarra
7,7.0% -
81.
Erasmus University
7,1.0% -
81.
Vrije Universiteit Amsterdam
7,1.0% -
83.
Duke University
6,7.0% -
83.
London School of Economics and Political Science
6,7.0% -
85.
Tilburg University
6,2.0% -
86.
University of Chicago
5,9.0% -
87.
Texas A&M University at College Station
5,3.0% -
87.
Imperial College London
5,3.0% -
89.
Copenhagen Business School
4,8.0% -
90.
Bocconi University
4,2.0% -
91.
University of British Columbia
0.0% -
91.
HEC Paris
0.0% -
91.
University of Gothenburg
0.0% -
91.
University of Illinois at Urbana-Champaign
0.0% -
91.
Washington University at St. Louis
0.0% -
91.
University of Notre Dame
0.0% -
91.
University of Maryland at College Park
0.0% -
91.
University of Florida
0.0% -
91.
University of Houston
0.0% -
91.
Georgia Institute of Technology
0.0% -
91.
Michigan State University
0.0% -
91.
Princeton University
0.0% -
91.
University of Texas at Dallas
0.0% -
91.
University of California at San Diego
0.0% -
91.
Boston University
0.0% -
91.
University of Rochester
0.0% -
91.
Johns Hopkins University
0.0% -
91.
Georgia State University
0.0% -
91.
State University of New York (SUNY) at Buffalo
0.0% -
91.
Frankfurt School of Finance and Management
0.0% -
91.
Humboldt University at Berlin
0.0% -
91.
University of Cambridge
0.0% -
91.
University College London
0.0% -
91.
University of Edinburgh
0.0% -
91.
Lancaster University
0.0% -
91.
Chinese University of Hong Kong (CUHK)
0.0% -
91.
City University of Hong Kong
0.0% -
91.
University of New South Wales (UNSW)
0.0% -
91.
University of Lausanne
0.0% -
91.
Universita della Svizzera Italiana, Lugano
0.0% -
91.
University of Bern
0.0% -
91.
Pompeu Fabra University
0.0% -
91.
Singapore Management University
0.0% -
91.
Nanyang Technological University
0.0% -
91.
BI Norwegian Business School
0.0% -
91.
University of Amsterdam
0.0% -
91.
University of Turin
0.0% -
91.
University of Copenhagen
0.0% -
91.
University of Cyprus
0.0% -
91.
Aalto University
0.0% -
91.
Indian School of Business
0.0% -
91.
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.
