Finance journals and their submission fees
Correct as at October 2026 · Caveats · Report an update
Many finance journals charge a fee just to have a paper considered, whether or not it is accepted. Fees range from nothing to several hundred dollars, and they vary widely even between journals of similar standing. For PhD students, early-career researchers without a research budget and researchers in lower-income countries, they can decide where a paper is sent.
Fees add up because most papers are rejected before they are accepted. A paper sent to the Journal of Finance, then the Journal of Financial Economics, then the Review of Financial Studies would pay US$1,835 in non-member submission fees upfront, before any of them accepts it. All three refund part of the fee when a paper is rejected without review, so the final cost can be lower: see the conditions in the table.
62finance journals checked
38charge a submission fee
22no submission fee (11 stated, 11 indicated)
US$200median fee across the 35 journals that charge in US dollars
US$850highest: Journal of Financial Economics
Of the rest, Journal of Risk and Insurance charges no per-paper fee but requires society membership and 1 journal’s fee could not be confirmed (Journal of Financial Services Research). Correct as at October 2026.
Notes: Standard fee for a new submission by a non-member, from each journal’s author guidelines, correct as at October 2026. Fees are shown before any refunds; member, student and lower-income-economy rates are often lower. Journals charging in other currencies, and the journal that requires membership instead of a fee, are in the table only.
Data table
| Submission fee (US$) | |
|---|---|
| Journal of Financial Economics | 850 |
| European Financial Management | 600 |
| Journal of Finance | 525 |
| Journal of Financial Intermediation | 500 |
| Review of Financial Studies | 460 |
| Critical Finance Review | 400 |
| Financial Management | 350 |
| Journal of Banking & Finance | 350 |
| Journal of Financial and Quantitative Analysis | 350 |
| Journal of Corporate Finance | 340 |
| Journal of Business Finance & Accounting | 300 |
| Journal of Financial Research | 300 |
| Review of Asset Pricing Studies | 300 |
| Review of Corporate Finance Studies | 300 |
| Journal of Financial Markets | 275 |
| Journal of International Money and Finance | 250 |
| Pacific-Basin Finance Journal | 220 |
| Finance Research Letters | 200 |
| Journal of Money, Credit and Banking | 200 |
| Financial Review | 175 |
| International Review of Financial Analysis | 175 |
| Journal of Empirical Finance | 175 |
| Quantitative Finance | 162 |
| Emerging Markets Review | 150 |
| Global Finance Journal | 150 |
| Quarterly Review of Economics and Finance | 150 |
| Journal of Behavioral and Experimental Finance | 140 |
| Journal of International Financial Markets, Institutions and Money | 125 |
| North American Journal of Economics and Finance | 100 |
| Real Estate Economics | 100 |
| Journal of Commodity Markets | 80 |
| Journal of Economics and Business | 75 |
| Journal of Multinational Financial Management | 75 |
| Journal of Financial Econometrics | 65 |
| Financial Analysts Journal | 50 |
Every journal, every fee
| Journal | Submission fee | Discounts, refunds and conditions | Source |
|---|---|---|---|
| Accounting & FinanceWiley / AFAANZ | A$120≈ US$84 | A$120 for overseas submitters, or A$132 including GST in Australia. It is not refundable, and it is waived if any co-author is a paid-up AFAANZ member; non-members can join AFAANZ instead of paying. | Guidelines |
| Critical Finance ReviewEdited by Ivo Welch | US$400 | A flat $400, paid through Editorial Express. The journal says plainly that there are no waivers of any kind and no refunds once a paper is submitted. | Guidelines |
| Emerging Markets ReviewElsevier | US$150 | The fee is non-refundable, even after a desk rejection. Early-career authors and authors from underfunded countries can ask for a waiver with proof, at the editor's discretion, and transferred manuscripts pay no second fee. | Guidelines |
| European Financial ManagementWiley (with the European Financial Management Association) | US$600 | US$500 for current EFM subscribers. Non-subscribers pay $600, which includes a free one-year EFMA membership. Current EFM subscribers pay $500 and must give their customer ID, so the lower rate goes to subscribers, not members. The EFMA submission page says revised submissions also go through a fee payment form, but gives no amount. No refund or waiver policy is stated. The guidelines PDF is dated 3 Aug 2026, and the EFMA payment form shows the same $500 and $600 rates. | Guidelines |
| European Journal of FinanceTaylor & Francis | £131≈ US$173 | The fee is paid at submission and not refunded, even if the paper is rejected at the editorial screening stage. The instructions mention no discounts, waivers or resubmission rules. | Guidelines |
| Finance Research LettersElsevier | US$200 | The fee is non-refundable, even after a desk rejection. A rejected paper can be resubmitted once, but it counts as a new submission and pays a new fee; transferred manuscripts pay no second fee, and the guide lists no waivers. | Guidelines |
| Finance and StochasticsSpringer | No fee | The editorial office's own instructions to authors state plainly that no submission fee is charged; papers are sent by email. | Guidelines |
| Financial Analysts JournalCFA Institute / Taylor & Francis | US$50 | Paid by card or PayPal at submission and not refunded. It applies to new manuscripts and to papers resubmitted after a rejection, but revisions are free; no CFA member discount or waiver is mentioned. | Guidelines |
| Financial InnovationSpringerOpen (Springer Nature) | No fee indicatednone listed in the guidelines | No submission fee is mentioned, but the journal is fully open access, so every accepted paper pays an APC (US$1,750 or equivalent, with waivers for authors in the lowest-income countries). | Guidelines |
| Financial ManagementWiley, for the Financial Management Association | US$350 | US$250 for members. PhD students who are not FMA members pay $290, and every non-member fee includes a year of FMA membership. The page says nothing about refunds, revision fees or waivers. | Guidelines |
| Financial Markets, Institutions & InstrumentsWiley | No fee | The author guidelines say outright that there is no submission charge and no page fee. The only other cost is optional open access. | Guidelines |
| Financial ReviewWiley (for the Eastern Finance Association) | US$175 | A single $175 fee is paid on the Eastern Finance Association website, and no member discount is given, though authors are encouraged to join. Revise-and-resubmit papers pay nothing more, but reject-and-resubmit papers pay again. If the fee is not received within seven days of submission, the paper is desk-rejected. No refund policy is stated. | Guidelines |
| Global Finance JournalElsevier | US$150 | A single US$150 fee is charged for each submission. It is non-refundable, even if the paper is desk-rejected. The guide gives no member rate and no waiver. A manuscript that arrives through Elsevier's article transfer service does not pay again. | Guidelines |
| International Journal of Finance & EconomicsWiley | No fee indicatednone listed in the guidelines | The full author guidelines cover submission, file and data rules and link only to an optional open-access APC, with no submission fee mentioned anywhere. The journal is also missing from Wiley's April 2024 list of journals that collect submission fees, so no fee is strongly indicated but not explicitly stated. | Guidelines |
| International Journal of Managerial FinanceEmerald Publishing | No fee | Emerald's author guidelines, linked from the journal page, say the only payment ever requested is the optional open-access charge after acceptance. | Guidelines |
| International Review of Economics & FinanceElsevier | No fee indicatednone listed in the guidelines | The current guide has no submission-fee section and mentions no fee, and Elsevier says fee-charging journals flag this in their guide, so this is an inference rather than an explicit statement. The journal has been fully open access since 1 Jan 2025 and charges an APC of USD 2,080 (with country-based pricing) only after acceptance; that is a publication charge, not a submission fee. | Guidelines |
| International Review of Financial AnalysisElsevier | US$175 | The fee applies to all submissions and is non-refundable, even after a desk rejection; part of the money funds rewards for reviewers who report on time. Transferred manuscripts pay no second fee, and the guide lists no waivers. | Guidelines |
| Journal of Asset ManagementPalgrave Macmillan (Springer Nature) | No fee | The submission guidelines say twice that there is no submission fee. Open access is optional, with an APC after acceptance. | Guidelines |
| Journal of Banking & FinanceElsevier | US$350 | The fee is non-refundable, even after a desk rejection, and a paper that was rejected and then sent in again counts as a new submission, as does a formal appeal, so each pays the fee again. Papers moved over through Elsevier's article transfer service pay no second fee, and the guide says eligible authors can ask the office for a discount code but doesn't say who is eligible. | Guidelines |
| Journal of Behavioral and Experimental FinanceElsevier | US$140 | Each article submission pays 140 USD, or 132 EUR as an alternative. The fee is non-refundable, papers can be desk-rejected, and part of the proceeds pays for tokens of thanks to reviewers. Manuscripts transferred from another Elsevier journal are exempt, and no member rate or waiver is stated. | Guidelines |
| Journal of Business Finance & AccountingWiley | US$300 | A new submission costs US$300 and a major-revision resubmission costs US$200; minor revisions are free. Desk-rejected papers get at least US$200 back, and papers co-authored by a JBFA editor or board member are exempt. | Guidelines |
| Journal of Commodity MarketsElsevier | US$80 | All submissions pay US$80. The fee is non-refundable even if the editor rejects the paper without review, for example because it is out of scope or unpublishable as it stands. Transferred manuscripts do not pay again, and no discounts are listed. | Guidelines |
| Journal of Corporate FinanceElsevier | US$340 | The fee applies to each new submission and is non-refundable; the guide says outright that desk-rejected papers get no refund. Transferred manuscripts pay no second fee, and the guide lists no waivers or discounts. | Guidelines |
| Journal of DerivativesPortfolio Management Research / With Intelligence | No fee | The journal's submission FAQ says outright that there is no submission fee. | Guidelines |
| Journal of Economics and BusinessElsevier | US$75 | New, unsolicited manuscripts pay a non-refundable US$75, and special-issue submissions pay nothing. The editors waive the fee for financial hardship on request. Reviewers who have submitted a report get one free submission, and transferred manuscripts are exempt. | Guidelines |
| Journal of Empirical FinanceElsevier | US$175 | The fee applies to first submissions and is non-refundable, including when a paper is desk-rejected or the editors can't find reviewers. Special-issue submissions are free, and transferred manuscripts pay no second fee. | Guidelines |
| Journal of FinanceWiley, for the American Finance Association | US$525 | US$400 for members. These are the rates for authors in high-income economies. If all authors are in middle-income economies the fee is $150 (members $100), and there is no fee for low-income economies. The submissions page says high-income desk rejections get $200 back, and the whole fee is refunded if a first submission waits more than 100 days for a decision. Appeals cost $600. | Guidelines |
| Journal of Financial EconometricsOxford University Press, for the Society for Financial Econometrics | US$65 | Free for members. Papers submitted by SoFiE members are free, students can join SoFiE at a discount, and authors from listed developing countries pay nothing. There are no refunds, whatever happens to the paper. | Guidelines |
| Journal of Financial EconomicsElsevier | US$850 | Revise-and-resubmits are free. A desk rejection returns $400, but each author gets at most four partial refunds per calendar year, and resubmitting a paper the journal already rejected brings no refund. The whole fee is refunded if the decision takes more than 120 days. Refereeing for the journal earns submission rights that lower the fee. | Guidelines |
| Journal of Financial IntermediationElsevier | US$500 | The amount comes from official-domain search results for the guide for authors, because the page itself could not be loaded. Elsevier's journal page confirms that desk-rejected papers get no refund, and transferred manuscripts pay no second fee. | Guidelines |
| Journal of Financial MarketsElsevier | US$275 | The fee applies to new submissions, and half of it is refunded if the editor rejects the paper without sending it for review. Transferred manuscripts pay no second fee, and the guide lists no waivers. | Guidelines |
| Journal of Financial ResearchWiley (for the Southern and Southwestern Finance Associations) | US$300 | US$250 for members. A first submission costs $300, or $250 for members of the Southern or Southwestern Finance Association, paid by card on the journal site before you submit. Fees are non-refundable, and desk rejections come without comments. Each revision round that goes back to a reviewer costs another $250. Wiley's author guidelines page shows the same $250 and $300 rates. | Guidelines |
| Journal of Financial Services ResearchSpringer | Not confirmed | Springer's submission guidelines and fees pages list only an optional open-access APC and say nothing about a submission fee, but a (now removed) conference call mentioned waiving submission fees for its papers, which suggests a fee may exist. Not confirmed either way. | Guidelinesunverified |
| Journal of Financial StabilityElsevier | No fee indicatednone listed in the guidelines | The current guide has no submission-fee section and mentions no fee, and Elsevier's submission-fee policy page says any journal that charges one flags it in its guide, so this is a strong inference rather than an explicit 'no fee' statement. The only author charge is the optional open-access APC of USD 3,200 in this hybrid journal, which is not a submission fee. | Guidelines |
| Journal of Financial and Quantitative AnalysisCambridge University Press, for the Foster School of Business, University of Washington | US$350 | One flat fee, paid by credit card, with no member or income discounts. $275 is refunded if the paper is not sent to a referee. Institutional read-and-publish deals do not cover the fee. Appeals cost $500, refunded only if the appeal succeeds. | Guidelines |
| Journal of Fixed IncomePortfolio Management Research / With Intelligence | No fee | The journal's submission FAQ uses the same wording as its sister journals: there is no submission fee. | Guidelines |
| Journal of ForecastingWiley | No fee | The author guidelines say the journal charges no submission fees. Open access is optional, with an APC after acceptance. | Guidelines |
| Journal of Futures MarketsWiley | No fee indicatednone listed in the guidelines | The full Wiley author guidelines mention no submission fee. Their 'Publication-related Charges' section lists only an optional open access APC after acceptance and charges for colour figures in print. So no fee is inferred, but there is no explicit 'no submission fee' statement. | Guidelines |
| Journal of International Financial Management & AccountingWiley | No fee | The author guidelines state that the journal charges no submission fees. Open access is optional, with an APC after acceptance. | Guidelines |
| Journal of International Financial Markets, Institutions and MoneyElsevier | US$125 | The fee is non-refundable, even if editors reject the paper without review. Transferred manuscripts pay no second fee, and the guide lists no waivers. | Guidelines |
| Journal of International Money and FinanceElsevier | US$250 | The fee is non-refundable, even after a desk rejection, and transferred manuscripts pay no second fee. Revisions sent in after the deadline (6 months for a major revision, 3 for a minor one) are treated as resubmissions; the guide doesn't say whether a new fee is due, and it lists no waivers. | Guidelines |
| Journal of Money, Credit and BankingWiley, edited at Ohio State University | US$200 | US$150 for journal subscribers. The lower rate is for journal subscribers (there is no society membership). If an editor declines the paper without sending it to referees, the fee is refunded minus $50. Resubmitted revisions are free. | Guidelines |
| Journal of Multinational Financial ManagementElsevier | US$75 | Each article submission pays a flat 75 USD. It is non-refundable, and papers may be desk-rejected for being out of scope, lacking originality or breaking style rules. Transferred manuscripts do not pay again, and no discounts are mentioned. | Guidelines |
| Journal of Pension Economics and FinanceCambridge University Press | No fee indicatednone listed in the guidelines | No submission fee is mentioned, but the journal is now fully gold open access, so accepted papers pay an APC (with member rates, waivers and institutional agreements available). | Guidelines |
| Journal of Portfolio ManagementPortfolio Management Research / With Intelligence | No fee | The journal's submission FAQ says there is no submission fee, and adds that, because it charges none, it is not obliged to provide referee reports. | Guidelines |
| Journal of Real Estate Finance and EconomicsSpringer | No fee indicatednone listed in the guidelines | Springer's submission guidelines and fees pages mention only an optional open-access APC and no submission fee, and no official source mentioning a fee turned up. No fee is indicated, though not stated explicitly. | Guidelines |
| Journal of RiskInfopro Digital (Risk.net) | No fee indicatednone listed in the guidelines | The Risk Journals submission guidelines mention no submission fee; the only author costs named are optional language editing and charges for excessive proof corrections, and the submission portal has no payment step. No fee is strongly indicated, though not stated explicitly. | Guidelines |
| Journal of Risk FinanceEmerald Publishing | No fee | Emerald's author guidelines, linked from the journal page, say the only payment ever requested is the optional open-access charge after acceptance. | Guidelines |
| Journal of Risk and InsuranceWiley / ARIA | Membership requiredabout US$150 a year | There is no per-paper fee, but every submitter must hold individual ARIA membership, so non-members have to join first. The figure shown is the typical membership cost given on the journal's own site; it varies by membership type, and the Wiley guidelines page still says US$140. | Guidelines |
| Mathematical FinanceWiley | No fee indicatednone listed in the guidelines | The guidelines' publication charges cover only colour figures in print and optional open access, with nothing charged for submission. The journal is also missing from Wiley's April 2024 list of journals that collect submission fees. | Guidelines |
| North American Journal of Economics and FinanceElsevier | US$100 | Every submission pays a flat, non-refundable US$100 fee, and papers can be desk-rejected after paying. Manuscripts transferred from another Elsevier journal do not pay a second fee. No discount or waiver is mentioned. | Guidelines |
| Pacific-Basin Finance JournalElsevier | US$220 | The fee applies to unsolicited new manuscripts and is non-refundable, even after a desk rejection. Transferred manuscripts pay no second fee, and the guide lists no waivers. | Guidelines |
| Quantitative FinanceTaylor & Francis | US$162 | Listed in four currencies (US$162, A$216, £121 or €137), paid by card at submission and never refunded. Research Letters are exempt from the fee for an initial period, and there are no member rates. | Guidelines |
| Quarterly Review of Economics and FinanceElsevier | US$150 | The US$150 fee applies to new, unsolicited manuscripts, which suggests invited or revised papers do not pay, though the guide does not say so outright. The fee is non-refundable, and papers transferred from another Elsevier journal are exempt. No waivers are mentioned. | Guidelines |
| Real Estate EconomicsWiley / AREUEA | US$100 | A new policy for submissions from September 2026: US$100 per new manuscript, not refunded even on desk rejection, and invited resubmissions are free. Current AREUEA members get one free submission per calendar year. | Guidelines |
| Research in International Business and FinanceElsevier | No fee indicatednone listed in the guidelines | The full guide for authors has no submission fee section, which the other Elsevier guides in this batch all have, and no fee appears on the journal homepage or open access page. So no fee is inferred, but the page never states 'no submission fee'. Separately, the journal becomes fully open access on 1 Jan 2027, and articles submitted after 14 Sep 2026 owe an APC on acceptance (list price USD 3,000), which is not a submission fee. | Guidelines |
| Review of Asset Pricing StudiesOxford University Press, for the Society for Financial Studies | US$300 | US$240 for members. These are the high-income rates. Middle-income authors pay $160 (members $100), and the fee is waived if all co-authors are in low-income economies. Resubmissions are charged. A desk rejection returns $100, the full fee is returned if a decision takes over 120 days, and withdrawing a paper earns no refund. | Guidelines |
| Review of Behavioral FinanceEmerald Publishing | No fee | Emerald's author guidelines, linked from the journal page, say the only payment ever requested is the optional open-access charge after acceptance. | Guidelines |
| Review of Corporate Finance StudiesOxford University Press, for the Society for Financial Studies | US$300 | US$240 for members. These are the high-income rates. Middle-income authors pay $160 (members $100), and the fee is waived if all co-authors are in low-income economies. Resubmissions are charged. A desk rejection returns $100, and the full fee is returned if a decision takes over 120 days. An optional $1,000 fast track promises a two-week turnaround. | Guidelines |
| Review of FinanceOxford University Press, for the European Finance Association | €350≈ US$392 | €300 for EFA members. Resubmissions pay the same fee as new papers. A desk rejection returns €150 (€100 for EFA members), and half the fee is returned if a decision takes over 120 days. An optional fast track costs €900 for a first submission and €500 for a resubmission. No low-income or student waiver was found. | Guidelines |
| Review of Financial StudiesOxford University Press, for the Society for Financial Studies | US$460 | US$400 for members. These are the high-income rates, charged on both new submissions and R&R rounds. Middle-income authors pay $320 (members $260), and there is no fee if all co-authors are in low-income economies. A desk rejection returns $200 (high-income) or $130 (middle-income), and the full fee is returned if a decision takes over 120 days. Appeals cost $860. | Guidelines |
| Review of Quantitative Finance and AccountingSpringer | No fee indicatednone listed in the guidelines | Springer's submission guidelines, including the editorial procedure section, and its fees pages mention only an optional open-access APC and no submission fee. No fee is indicated, though not stated explicitly. | Guidelines |
Caveats
- Correct as at October 2026. Every figure was read from the journal’s or publisher’s own author guidelines, linked in the table. Journals change their fees, often once a year, so check the guidelines before you submit.
- Standard non-member fee for a new submission. Society members, students and authors in lower- or middle-income economies often pay less or nothing. Resubmissions, revisions, appeals and fast-track options are priced differently; see the conditions.
- Fees are shown before refunds. Many journals return part of the fee if a paper is rejected without review, or all of it if a decision is very late, so the eventual cost can be lower than the headline figure.
- “No fee” and “No fee indicated” are different. “No fee” means the guidelines say so explicitly (11 journals). “No fee indicated” means the guidelines list the journal’s charges and none of them is a submission fee (11 journals). That is a strong indication, but it is not a guarantee.
- Currencies. Fees are shown in the currency each journal charges. For sorting, and for the approximate US$ figures shown beside them, fees in euros, pounds and Australian dollars are converted at the European Central Bank euro reference rates of 9 October 2026. The median and the chart use only the 35 journals that charge in US dollars.
- Not included. Open-access publication charges (APCs), which are paid only on acceptance and usually only if open access is chosen, are a separate cost. So are page or colour-figure charges.
Spotted a fee that has changed, or anything else that needs updating? Please email s.pybis@mmu.ac.uk and I will correct it.
Finding papers
- Google Scholar — The broadest index of papers, working papers and citations. Set up alerts for authors and keywords.
- RePEc / IDEAS — The economics working-paper and journal index, with author rankings and the EDIRC directory of departments.
- SSRN — Where most finance working papers appear first. Follow the FEN networks for new finance research.
- NBER Working Papers — Early versions of many leading economics and finance papers, released weekly.
- JSTOR — Archive of journal back issues: the place for older classics. Access is through the library.
- Semantic Scholar — Free AI-assisted search with citation graphs and paper summaries.
- CORE — Open-access full texts aggregated from university repositories, often including accepted manuscripts.
- EconBiz — ZBW’s search portal for economics and business literature, including grey literature.
Journal lists and metrics
- Chartered ABS Academic Journal Guide (official) — The official guide. A free registration gives access to the full interactive list.
- ABDC Journal Quality List — The Australian Business Deans Council list (A*, A, B, C), widely used alongside the AJG.
- SCImago Journal Rank — Citation-based metrics and quartiles by subject, free and updated annually.