Business Model
The open-access scholarly journal Modern Finance is committed to fostering the global exchange of knowledge and ideas without any financial barriers. In line with the principles of open access publishing, our business model is designed to remove financial obstacles, ensuring that research findings are freely accessible to all readers worldwide.
No Submission Fees or Article Processing Charges (APCs)
In contrast to traditional academic journals, Modern Finance charges no submission fees or article processing charges (APCs). This means that authors can submit their original research and scholarly articles for consideration without worrying about potential costs. This model encourages a broad range of submissions from researchers and scholars across the globe, contributing to the richness and diversity of the content we publish.
Our no-fee policy extends to the entire publishing process, including submission, peer review, editing, publishing, and archiving. Authors are able to focus solely on their research, assured that the publication of their work will not entail any hidden costs.
Sponsorship by Modern Finance Institute
The financial viability of our journal is sustained by the generous sponsorship of the Modern Finance Institute. The institute believes in the power of freely accessible academic research to advance knowledge, inspire innovation, and contribute to the betterment of society.
As the primary sponsor, the Modern Finance Institute covers all operational costs associated with the publication process. This includes the resources required for rigorous peer review, professional editing, online hosting, and archiving services. By sponsoring the journal, the Institute helps ensure that the latest research and insights are readily accessible to everyone, irrespective of their financial resources.
Volunteer Contributions of Editors and Reviewers
The quality of Modern Finance is upheld by the volunteer work of our editors and reviewers. Their efforts ensure all published articles meet the highest standards, promoting open access to knowledge.
Benefits of the Business Model
This business model provides many benefits. Firstly, it supports the core principles of open access by ensuring that all research is freely available, promoting greater transparency, collaboration, and innovation in the academic community. Secondly, it levels the playing field for researchers worldwide, removing financial barriers that might otherwise prevent some from publishing their work. Finally, it allows for the widest possible dissemination of research, ensuring that knowledge can be accessed and built upon by anyone, anywhere in the world.