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Every week a business school professor, an expert in his or her field, defines a key term on FT Lexicon, our online economics, business and finance glossary.
Our professor this week
Yesh Nama teaches various management control and accounting related courses at the Aston Business School in the UK and Eada Business School in Spain. He will shortly join Essec Business School as an assistant professor in management control. Previously, he has also been a visiting lecturer at the EMLyon Business School and Birmingham Business School.
Mr Nama has a strong corporate work experience. Before joining academia, he worked in the investment banking division at UBS and in the asset management operations team at Deutsche Bank.
Mr Nama holds an MBA from Eada Business School and is currently completing his doctoral research at Aston Business School. He adopts a sociological approach to his research and focuses on investment evaluation and management control in the context of private equity.
Mr Nama has chosen to define the term sociology of finance.
Why Mr Nama thinks the term sociology of finance is important
“Can you imagine financial markets without the interaction between one trader and another, or even the interaction between traders and their technology?” asks Mr Nama. He says finance is traditionally perceived as a profession involving numbers and hard facts and while he believes this is true to an extent, he also thinks finance is “social” in that it involves human and technology interactions. “In considering the term ‘sociology of finance’, we take this socio-technical aspect seriously and focus on how such social interactions take place,” says Mr Nama.
He says social interactions between traders, critical communication and modelling technologies and their cultures and practices shape the complex transactions constituting global financial markets.
To find out more about sociology of finance click on the hyperlinked terms.
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