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SJP and University of Gloucestershire launch financial research hub

SJP and University of Gloucestershire launch financial research hub
Dr Charles Afriyie, Senior Lecturer in Accounting within the Gloucestershire Business School

St James's Place has teamed up with the University of Gloucestershire’s business school to launch a research institute to help to identify areas for development in personal finance.

Based on the university’s Oxstalls Campus, the institute will specialise in personal finance research with the aim of enhancing sector-wide practice and policy, and will provide advice to organisations and the government. 

The institute also plans on introducing master’s and doctoral level qualifications for financial services industry professionals, an industry-wide research seminar series and co-produced academic and industry research. 

Head of the Gloucestershire business school, Dr Dominic Page said he was confident the institute will prove to be “another successful collaboration” with SJP and will better educate people on a range of themes in personal finance such as enhancing and attaining financial capability, addressing financial vulnerability, accumulation and decumulation of wealth and addressing the industry skills gap. 

“The research institute presents a fantastic opportunity to bring together the expertise of the university, colleagues undertaking master’s and doctoral qualifications and the wider financial planning industry,” he said. 

In February, the university and SJP announced the launch of the UK's first specialist MBA in financial planning.

 SJP’s director responsible for professional development, Edward Grant shared his excitement about the partnership and said there is a “distinct need for rigorous academic research on finance in society.” 

“Enhancing academic research in this space will help to broaden our knowledge as a profession and help to identify areas for development, delivering better outcomes for all in society,” he said. 

In the longer-term, the institute wants to focus on the development of peer reviewed academic publications to build an international reputation in the field of finance in society, while also developing a self-funded research unit. 

The institute has said that underpinning its ambitions is “a view of business as a vehicle for wealth creation and as a force for economic and social betterment.”

Last year, SJP celebrated its first cohort of graduates from the University of Gloucestershire in November 2021, with 12 chartered financial planners from across the business graduating from the MSc Finance course.

jane.matthews@ft.com