GLOBAFA — Global Banking and Finance Association

Three students from Mathias Corvinus Collegium (MCC) had the opportunity to participate in the 2025 GLOBAFA Conference. The event brought together experts, scholars, and young talents from around the world to discuss pressing global issues. Their participation provided valuable insights and inspiration for future academic and professional endeavors.

On May 30–31, Mathias Corvinus Collegium (MCC) hosted the 2025 GLOBAFA (Global Banking and Finance Association) Conference, welcoming international scholars and young researchers. Among the presenters were three MCC students, who showcased diverse and policy-relevant studies.

Marcell Kovács examined how U.S. semiconductor industrial policies, such as the CHIPS and Science Act, shaped global stock market reactions, highlighting the uneven effects across firms and regions. Gellért Banai presented a cost-benefit analysis of Hungary’s Family Housing Support Programme (CSOK), showing that while the policy boosted short-term fertility and construction, its long-term demographic impact was more modest. Finally, Ákos Virág analyzed the role of public subsidies in the performance of Hungarian SMEs, finding that internal financial indicators outweighed direct subsidy effects, though funding influenced growth trajectories in more subtle ways.

The conference not only offered MCC students the chance to present their research to an international audience but also provided valuable perspectives on pressing questions in finance, economic policy, and global markets.