Research Ranking ofFinanceDepartments: A Modified Citation Approach

Paper: SSRN 646185

Abstract

We provide a research ranking of academic finance departments that incorporates both a quantitative and qualitative dimension in its methodology. Based on the

Complexity vs Empirical Score

• Math Complexity: 1.5/10
• Empirical Rigor: 4.0/10
• Quadrant: Philosophers — conceptual discussion, limited math and data

Why this score: The paper presents a methodological ranking framework using citation counts and editorial board metrics, which is conceptual and involves counting methods rather than advanced mathematical models. Empirical rigor is modest, relying on hand-collected citation data and predefined journal lists, but lacks implementation-heavy elements like backtesting or code.

Research Flowchart

  flowchart TD
  A["Research Goal<br>Rank Finance Depts<br>Modified Citation Approach"] --> B["Data Collection<br>JCR/Ft50 Journals<br>Faculty Rosters"]
  B --> C["Citation Analysis<br>Quantitative Dimension<br>Raw Citation Count"]
  B --> D["Journal Quality Weighting<br>Qualitative Dimension<br>Impact Factor/Reputation"]
  C --> E["Modified Citation Score<br>Normalized Aggregation"]
  D --> E
  E --> F["Final Department Ranking<br>Research Productivity Scores"]
  F --> G["Key Findings<br>Top Departments Identified<br>Methodology Validation"]