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Published: 2024-05-27

Siemens Financial Services Best Student Thesis Award

NEWS The award goes to Oskar Lindman and Arvid Särkiniemi, Umeå School of Business, Economics and Statistics (USBE). The thesis entitled “Sustainability performance and market risk. A study of the banking sector” will be awarded 20.000 SEK at USBE’s graduation ceremony 2024.

The jury mention in their decision that the winning thesis has a motivated and current research question, that is commendable analyzed with relevant methods. The thesis, that is well written, contribute with both theoretical and practical knowledge regarding whether sustainability performance among banks’ affect their market risk. 

The price, which is handed out as a scholarship, has been made financially possible through USBE’s collaboration with Siemens Financial Services.

Comment from Siemens

– We are proud that we, in collaboration with USBE, can award a prize that recognizes a thesis that explores a current and urgent topic in the financial industry. We are pleased to be able to contribute to promoting research and innovation in this area.

Oskar Lindman

– It is with great joy and gratitude that I accept the Siemens Financial Services Best Student Thesis Award 2024. This recognition means a lot to me. When I received the news, I had to re-read the email several times to understand that the thesis we have spent so much time and patience on has led us to receive a scholarship. I feel honored to share this award with my friend and co-author Arvid.

Arvid Särkiniemi

– Thanks to Siemens for the award and Umeå University for all the support. It is honorable that the thesis was judged to be of high quality and useful. I would like to express my appreciation to my thesis partner Oskar for all the dedication and enthusiasm that was invaluable during the writing process. Finally, I would like to pay tribute to our supervisor Catherine Lions for her support, patience and expertise.

About the thesis

The thesis supervisor was Catherine Lions.

The thesis can be found here.