Applications now open for 2020 Hakan Orbay Research Awards

Applications for the "Hakan Orbay Research Awards" which is organized by Sabancı Business School since 2013 in memory of Hakan Orbay are now open.

Deadline for submitting research papers is 31 July 2020. The winners will be announced on September 15, 2019.

The winner of Young Researcher Award will receive the reward of 10,000 Turkish Liras and the winner of PhD Student Award will receive 5.000 Turkish Liras. 

The aim of this annual award is to encourage young researchers to undertake original research in finance and microeconomics. Awards for 2019 presented to:

  • Young Researcher Award:

Dr. Oğuzhan Karakaş, Cambridge University, Judge Business School with his paper “Coordinated Engagements”

  • PhD Student Award:

Dr. Güner Velioğlu, University of Florida, Warrington College of Business with his paper “Why Are Commercial Loans So Sticky? The Effect of Private Information on Loan Spreads”

Applications must include one paper and the CV of the applicant. The first page of the paper should have an abstract. Papers and CVs can be in Turkish or English. Applications should be sent to in pdf or word format.

Award Jury
Benan Zeki Orbay, Istanbul Bilgi University 
İzak Atiyas, Sabancı University
Eren İnci, Sabancı University
Aziz Şimşir, Sabancı University
Koray Deniz Şimşek, Crummer Graduate School of Business, Rollins College
Melsa Ararat, Sabancı University
Yiğit Atılgan, Sabancı University

Coordinator: Burcu Albayrak, Sabancı University

For more informatiom, please visit the website

Short Bio of Hakan Orbay:
After graduating from Ankara Science High School in 1979, Hakan Orbay received his undergraduate degrees in Electrical Engineering and Physics from Bogazici University in 1983. He obtained his Master’s degree in Electrical Engineering from Calgary University and subsequently returned to Turkey to work in the Information Technology area of the banking sector between1988-1991. He kept close links with academia during those years and eventually went to the U.S. for his doctoral studies in 1991. After obtaining a Ph.D in Economics from Stanford University, Graduate School of Business, he worked as a faculty member at Koc University until 1999. Next, he joined the Sabancı School of Management during its establishment years and worked there as a faculty member until his untimely death in 2011. Hakan Orbay produced original research in microeconomics and finance and made important contributions to the establishment and development of the Sabancı School of Management, Istanbul, Turkey.