The Valuation and Risk (VAR) research initiative brings together the Irish universities of University College Dublin (UCD), Dublin City University (DCU) and Maynooth University (MU), with Irish industry to create breakthrough research in financial studies.

VAR (Valuation AND Risk) is a research initiative developed as part of the Financial Mathematics and Computation Cluster (FMC). Established in 2009, the FMC Strategic Research Cluster, funded by Science Foundation Ireland, aims to underpin the future development of and employment growth in the international financial services sector in Ireland.

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Valuation and Risk

Valuation and Risk

This work package investigates factor modelling, the structure of European Security market returns, and the connectivity between various risk measures. Read more


In this research strand, we establish optimal timing approaches that are flexible enough to value different investment elements. Read more


Operational risk is the quantification and control of risks including internal controls, human factors, systems and external events. Read more

Latest Events and News

The latest Issue of The Michael J. Brennan Irish Finance Working Paper Series

The latest issue (Vol. 2 No. 2) of the Michael J. Brennan Irish Finance Working Paper Series was released in October 2019.

02 October, 2019 Read More

UCD Post-Doctoral Research Fellow Level 1 Or 2, UCD School Of Business (24 months, renewable)

The Valuation AND Risk (VAR) project has openings for Post-Doctoral Research Fellow positions for a programme of research in Financial Econometrics or Empirical Finance.

30 September, 2019 Read More

Congratulations To Emmanuel Eyiah-Donkor

Congratulations to Dr Emmanuel Eyiah-Donkor who has started a new job at Rennes School of Business, France as an Assistant Professor. We wish him every success in his new role.

03 September, 2019 Read More

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