Post-Doctoral Fellow in Finance, ERC project on Funding Frictions after the Global Financial Crisis

7 months ago


Oslo, Norway BI Norwegian Business School Full time

The Department of Finance at BI Norwegian Business School is inviting applications for a post-doctoral fellow position with a special focus on Funding Frictions after the Global Financial Crisis (co-founded by the European Research Council). The start date of the position is flexible but preferably not later than August 2023. 

Department of Finance 

The department is committed to research at the highest international level. There are currently over 40 faculty members and they represent about 20 nationalities. Faculty come from some of the world’s best institutions such as University of Chicago, Wharton, UCLA, Ohio State University, Carnegie Mellon, University of Southern California, London Business School, and London School of Economics.

Faculty members publish their research regularly in the top Finance and Economics journals. These publications have appeared in Journal of Finance, Review of Financial Studies, Journal Financial Economics, American Economic Review, Econometrica, Journal of Political Economy, and Review of Economic Studies. The strong commitment to research has earned the department a top-10 rank in Europe based on research output in top-tier academic Finance journals.

The department runs an international weekly research seminar series in which academics from the world’s best research institutions present their work. These seminars and other visits by international researchers give PhD candidates an excellent opportunity to reflect and receive feedback on their own research. The department also regularly organizes conferences and workshops.

The department has access to all the commonly used international databases. Many faculty members also work with unique Norwegian micro data on firms and individuals obtained from official registers. The department hosts the Centre for Asset Pricing Research (CAPR) and the Centre for Corporate Governance Research (CCGR). These centers sponsor and support faculty research groups, conferences, and seminars. 

ERC Project on Funding Frictions after the Global Financial Crisis

Funding frictions are tensions in financial markets that can preclude institutions from borrowing money or rolling over debt. In extreme situations, such as the 2007-2009 global financial crisis (GFC) or the market turmoil in March 2020 during the Covid-19 pandemic, funding frictions can lead to the default of otherwise healthy institutions and destabilize the entire financial system. While earlier research (pre-GFC) tends to disregard funding frictions, the enormous risk associated with these market tensions highlights that a deeper understanding of funding frictions is crucial – it can guide policy makers to determine their optimal responses to future crises and help institutions to reduce their funding risk. 

To help develop our understanding of these frictions, the European Research Council (ERC) awarded a research grant to the project Funding Frictions after the Global Financial Crisis (FuFri).  The successful applicant will be working within the FuFri research group.  The research group consists of outstanding scholars, including researchers at Columbia University, Norges Bank, York University, University of Amsterdam, and Darden School of Business. For questions regarding the position, contact Associate Professor Sven Klingler ().

See BI’s press release for more information on the project here. 

The Position: Postdoctoral Fellowship in Finance with a particular focus on funding frictions

BI Norwegian Business School now has one vacant Postdoctoral Fellowship position, co-founded by the European Research Council. The position has a duration of three years. The postdoctoral fellow should specialize on the broad topic of funding frictions after the global financial crisis and will work with a team of researchers specializing within this area. The objective of the position is to strengthen research, and to give researchers/scholars holding a doctoral degree the opportunity to strengthen their academic qualifications. In compliance with BI’s ambition of becoming one of the leading business schools in Europe, we seek a candidate who can produce high-level research and publications at the international levels.

Qualification requirements

Applicants must hold a PhD degree in finance or economics. The doctoral thesis must be submitted for evaluation by the closing date for application. It is a pre-requisite that one has successfully defended the PhD prior to commencing the position. The candidates will be evaluated based on an overall assessment of skills, knowledge, and suitability for the position.

In the assessment the following criteria will be emphasized: scientific work, interest in the topic “funding frictions after the global financial crisis”, and ability to conduct research as part of a team. We are looking for candidates with strong research capabilities and ambitions to advance their field with publications in leading international journals. The position does not include any teaching requirements.

We Offer

Salary on agreement

Bonus-system for publications in selected journals.

Membership in BIs collective pension agreement dependent that you are/become a member of the Norwegian Social Security System. The annual contribution of the employee follows the current regulations, for the time being 2% of gross salary. Membership in will depend on your country of residence and will be decided upon by the authorities in your country of residence. 

Application  Procedure

Applicants must submit their job-market paper (if available) and work-in-progress abstracts, which reflect their area of research interest. In addition, applicants should submit an updated CV (including a complete list of working papers publications). Two reference letters must also be submitted. Candidates may be asked to forward further information and/or be called in for an interview.

The application and all necessary documentation must be submitted in our recruitment tool Easycruit.

Further Information

Start date is subject to agreement.

The position will only be filled if qualified candidates are identified.

Contact Sven Klingler (), principal investigator in FuFri for further information

See for more information about the department and the school. 



  • Oslo, Oslo County, Norway BI Norwegian Business School Full time

    Company OverviewBI Norwegian Business School is a leading institution in Europe, committed to research excellence. With over 40 faculty members from top international universities, we foster an environment of academic rigor and innovation.Job DescriptionWe are seeking a Postdoctoral Fellow to join our Finance department, focusing on funding frictions after...


  • Oslo, Oslo County, Norway BI Norwegian Business School Full time

    Company OverviewThe Department of Finance at BI Norwegian Business School is renowned for its commitment to research excellence, fostering a collaborative environment that encourages scholars to push the boundaries of knowledge.


  • Oslo, Oslo County, Norway Nexans Full time

    Senior Project Finance Manager - Global Cable OperationsNexans, a world-leading cable manufacturer, is seeking an experienced Senior Project Finance Manager to join its global operations team.About NexansNexans has been a leading player in the cable industry for over 100 years, with a presence in 38 countries and 25,000 employees worldwide. Our Norwegian...


  • Oslo, Norway Norwegian Refugee Council Full time

    NORCAP’s mission is to improve aid to protect and empower people affected by crises and climate change. With expertise in the humanitarian, development and peacebuilding sectors, we collaborate with local, national and international partners on finding solutions that meet the needs of people at risk.   We do this by: Supporting humanitarian,...


  • Oslo, Oslo County, Norway Nexans Full time

    Job DescriptionWe are seeking a talented Tender Finance Specialist to join our dynamic team at Nexans, a leading global player in the electrification industry.The successful candidate will be responsible for managing the financial aspects of our tenders, ensuring profitability and adherence to financial guidelines. This involves developing cost and profit...


  • Oslo, Oslo County, Norway SAS Full time

    About the JobThe Senior Financial Strategic Advisor will play a pivotal role in driving business growth and profitability by providing financial planning, reporting, and strategic decision support to Executive & Business Divisional leadership.This position requires a collaborative approach, working closely with senior leaders to ensure alignment and...


  • Oslo, Norway SAS Full time

    Finance Business Partner Job Locations NO-Oslo Requisition ID 20061903 Job Category Finance Travel Requirements None Finance Business Partner - Hybrid  Nice to meet you! We’re a leader in data and AI. Through our software and services, we inspire customers around the world to transform data into intelligence - and questions into answers. ...


  • Oslo, Oslo County, Norway Wolt Full time

    Are you an experienced finance professional with a passion for delivering exceptional service in a collaborative team?Wolt, a Finnish technology company known for its food delivery platform, is seeking an experienced Country Controller to join their global tech organization. This role will be based in Oslo, reporting to the Global Accounting Lead in...


  • Oslo, Norway Nordea Bank Full time

    Job ID: 26812  The banking environment is changing rapidly, our customers have a lot of new expectations on us, and we are constantly adapting to offer best in class services and solutions. It is an exciting time for you to join us. Would you like to support long-term value creation in both Nordea Finance and Nordea as a whole? We serve as...

  • Global Leader

    2 months ago


    Oslo, Oslo County, Norway Statkraft Full time

    Role OverviewStatkraft is seeking an experienced leader to head its Global Business Services (GBS) Finance team, specifically focusing on Invoice to Pay operations. As the Head of GBS Invoice to Pay, you will oversee a team of 5 managers across four countries, ensuring alignment and coordination of local requirements while streamlining global processes and...


  • Oslo, Oslo County, Norway Mondelēz International Full time

    Financial Planning and Performance Management RoleAbout the RoleThis is a key position within Logistics Finance for a defined cluster of countries within MEU. The successful candidate will be responsible for managing key processes in a timely and effective manner, working with the Centre of Excellence and with the Area controller to deliver auditable and...


  • Oslo, Oslo County, Norway Norwegian Refugee Council Full time

    Drive Global FundraisingAn exciting opportunity to lead the Global Fundraising Director role for a leading international non-governmental organization.As the Global Fundraising Director, you will be responsible for driving the strategic growth of individual fundraising capacity in existing markets and expanding into new ones.This is a truly global role...


  • Oslo, Norway Mondelēz International Full time

    Description Are You Ready to Make It Happen at Mondelēz International? Join our Mission to Lead the Future of Snacking. Make It Uniquely Yours. This is the key role within Logistics Finance for a defined cluster of countries within MEU. You will need to ensure key processes are managed in a timely and effective manner, working with the Centre...

  • Investment Manager

    2 months ago


    Oslo, Norway EIT RawMaterials Full time

    Position: Investment Manager (m/f/d) in Minerals Metals IndustryLocation: Remote within the EUEmployment Contract: You will have a formal employment contract with EIT RawMaterials, and we will handle all logistics to support your remote work within the EU.Company OverviewAt EIT RawMaterials, we're securing the raw materials needed to power the global...


  • Oslo, Oslo County, Norway Avantor Full time

    About AvantorAvantor is a leading global provider of materials, technologies and services for the life sciences industry.Job Title: Financial AnalystJob Summary:We are seeking an experienced Financial Analyst to join our team in Oslo, Norway. As a key member of our finance department, you will be responsible for developing and implementing financial plans,...


  • Oslo, Oslo County, Norway Quarsh Full time

    Job Description:We are seeking a highly skilled and experienced Finance Manager to join our team at Quarsh in Billingstad, Oslo. This is an exciting opportunity for someone who wants to take charge of finance, credit, accounting, and reporting activities, ensuring that everything runs smoothly and meets high standards.The successful candidate will lead the...


  • Oslo, Norway Norwegian Refugee Council Full time

    An exciting opportunity to head up the Global Fundraising Director role for a leading international NGO working.  Join Our Team as the Global Fundraising Director at NRC! Are you a visionary leader with a passion for making a significant impact? The Norwegian Refugee Council (NRC) is seeking an innovative Global Fundraising Director to lead and expand...


  • Oslo, Oslo County, Norway Statkraft Full time

    Company OverviewStatkraft is Europe's leading producer of renewable energy, making clean energy possible for over a century. With 125 years of expertise and 6,000 employees in more than 20 countries, we work towards making renewable energy the solution in the fight against climate change.Job DescriptionThe Senior Financial Accountant will be part of the...


  • Oslo, Oslo County, Norway Statkraft Full time

    Job OverviewWe are seeking an experienced Global Invoice to Pay Manager to lead our team in delivering high-quality financial services. This is a unique opportunity to shape the future of our finance function and contribute to the growth of our organization.About the RoleThe successful candidate will be responsible for managing a team of professionals,...


  • Oslo, Norway Nexans Full time

    World-wide turnkey cable supplier seeks Senior Project Controller Join our team in Nexans in electrifying the future About the company Cables have been our business, our passion, our knowledge, for more than a hundred years. Today, we are facing a future that will become electric far sooner than planned. Electrification is in our DNA and we are...