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  • Full member

Nelson Areal

Ph.D in Accounting and Finance Lancaster University


I have a PhD in Accounting and Finance (Lancaster University, 2006; thesis title “Essays on FTSE-100 volatility and options valuation”); MSc in Business Administration with specialization in Corporate Finance (University of Minho, 1998); BSc in Management by the University of Minho (1992). My career also includes two years (1992-1994) as an Information Systems Auditor at Ernst & Young.



Areas of interest

risk measurement and forecasting
option valuation using numerical methods
performance measurement
social responsible investments
sentiment measures
management education


Oliveira, N , Cortez, P , & Areal, N (2017)

The impact of microblogging data for stock market prediction: Using Twitter to predict returns, volatility, trading volume and survey sentiment indices

Expert Systems with Applications, 73, 125–144 DOI
Carvalho, A , & Areal, N (2016)

Great Places to Work®: Resilience in Times of Crisis

Human Resource Management, 55(3), 479–498 DOI
Oliveira, N , Cortez, P , & Areal, N (2016)

Stock market sentiment lexicon acquisition using microblogging data and statistical measures

Decision Support Systems, 85, 62–73 DOI
Cortez, M C , Silva, F , & Areal, N M P C (2009)

The performance of european socially responsible funds

Journal of Business Ethics, 87(4), 573–588 DOI
Portela, M A , Areal, N M P C , Sá, C , Alexandre, F , Cerejeira, J , Carvalho, A , & Rodrigues, A (2008)

Evaluating student allocation in the Portuguese public higher education system

Higher Education, 56(2), 185–203 DOI


The financial impact of best practices awards

Funding: Fundação para a Ciência e Tecnologia

Duration: 2012-03-01 - 2014-02-28


Análise Avançada de Dados Doutoramento
Análise de Dados e Competências Transversais Mestrado
Análise de Dados em Saúde Mestrado
Análise e Planeamento Financeiro Licenciatura
Gestão do Risco Mestrado
Investimentos Financeiros Licenciatura
Princípios de Finanças Empresariais Licenciatura