  ![](https://neoma-bs.com/sites/default/files/uploaded_images/profs-neoma_0.png)# FOURNEAUX Stéphane

 

 

 
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- FOURNEAUX Stéphane
 
  

 

    ![](/sites/default/files/styles/large/public/uploaded_images/photos_academ/1267-fourneaux-stphane.jpg?itok=a0dya8I3)FOURNEAUX Stéphane

 Associate Professor

  

 <stephane.fourneaux@neoma-bs.fr> 

 

 

 

 - About
 - Academic publications
 
  

 

    [Finance](https://neoma-bs.com/departements/finance) 

    PhD,Management Sciences, Finance 

 

Stéphane FOURNEAUX is Associate Professor of Finance at NEOMA BS and part time Head of MSc/ MS International Financial Analysis. He coordinates Real Estate &amp; Wealth Management courses within the Msc Finance, Investment &amp; Wealth Management program. He mainly teaches Market Finance, Risk Management, and Real Estate in the CFA track, as well as in the continuing education (MSc/MS Part time and Global MBA) programmes. His fields of research are mainly centred on Real Estate Microstructure, Valuation as well as Blockchain technologies. He has published articles in academic and professional publications and he regularly speaks at conferences in France and abroad.

 

 ###  Areas of research 



- Real estate
- Mispricing
- FinTech
- Gestion des risques
- Méthodes de valorisation
 
  

 

##   Recent academic contributions  

 FOURNEAUX, S., "Operating Partner: un métier, plusieurs manières de l'aborder", 2025, France 

 FOURNEAUX, S., *Finance Digitale*, Gualino Lextenso Editions, 2025 

 VERNY, J., Y. AIAT, S. FOURNEAUX, E. LAMBOURDIERE, "Origins, theoretical foundations and economic implications of cryptocurrencies" in *Cryptocurrencies - Financial Technologies of the Future*., Miciula, I. Eds, intechopen, 2024 

 

 

 

##   Publications  

 KARYOTIS, C., S. FOURNEAUX, "Finance 4.0: Une question d'humanités", *Analyse financière*, October 2018, no. 69, pp. 16-18 

 FOURNEAUX, S., F.VIVIER, "Un bêta plus humain", *Analyse financière*, August 2016, no. 60, pp. 47-50 

 DUBREUILLE, S., S.FOURNEAUX, S.MCHAWRAB, "Un modèle alternatif de valorisation des sociétés immobilières cotées", *La Revue du Financier*, February 2014, no. 204-205 

 DUBREUILLE, S., S.FOURNEAUX, S.LLEO, "Is Real Estate a Good Way to Diversify in Times of Financial Crisis?", *International Research Journal of Applied Finance*, March 2012, vol. 3, no. 3, pp. 364-375 

 

 

 

##   Others  

 FOURNEAUX, S. - "Grand format : pénurie dans la filière - entretien- Farnce 3" - 2021, Paris 

 

 

 

##   Chapters  

 VERNY, J., Y. AIAT, S. FOURNEAUX, E. LAMBOURDIERE, "Origins, theoretical foundations and economic implications of cryptocurrencies" in *Cryptocurrencies - Financial Technologies of the Future*., Miciula, I. Eds, intechopen, 2024 

 FOURNEAUX, S., "Hedge Fund et Stratégie Merger Arbitrage" in *Fusions Acquisitions -Toutes les opérations à maîtriser*., Mondher Cherif Ed., Ellipses, 2024 

 FOURNEAUX, S., C. KARYOTIS, J. VERNY, S. KARM, "Finance verte &amp; risques climatiques" in *Valorisation des actifs*., J-M. Huet &amp; F. Pignède Ed., Pearson Education, pp. 193-220, 2023 

 FOURNEAUX, S., "Valorisation des actifs immobiliers et gestion alternative" in *Analyse financière internationale : Stratégie, évaluation financière et gestion d'actifs*., Catherine Karyotis Ed., Gualino, pp. 247-264, 2020 

 FOURNEAUX, S., J.VERNY, C.DAUSSY, "Blockchain: la technologie disruptive du marché du luxe" in *Management du Luxe, Opportunités et challenges*., E. Rigaud-Lacresse et M. Pini Ed., Editions Vuibert, pp. 153-179, 2019 

 RIGAUD-LACRESSE, E., A.BRUN, K.JENSEN, L.HERVE, C.ANDRE, M.RUIZ, S.FOURNEAUX, P.BERTOLA, B.QUACQUARELLI, C.CASTELLI, F.SERAIDARIAN, F.PINI, "Growth Archetypes in Luxury Companies" in *New Luxury Management: Creating and Managing Sustainable Value Across the Organization*., Rigaud-Lacresse, Emmanuelle, Pini, Fabrizio Maria Eds, Springer International Publishing, pp. 241-259, 2017 

 ANDRE, C., A.BRUN, E.RIGAUD-LACRESSE, K.JENSEN, L.HERVE, M.RUIZ, S.FOURNEAUX, P.BERTOLA, B.QUACQUARELLI, C.CASTELLI, F.PINI, F.SERAIDARIAN, "Brand as a Legal Asset for Luxury Companies: Brand Power" in *New Luxury Management: Creating and Managing Sustainable Value Across the Organization*., Rigaud-Lacresse, Emmanuelle, Pini, Fabrizio Maria Eds, Springer International Publishing, pp. 103-124, 2017 

 FOURNEAUX, S., "Luxury &amp; Prime Locations" in *New Luxury Management: Creating and Managing Sustainable Value Across the Organization*., Rigaud-Lacresse, Emmanuelle, Pini, Fabrizio Maria Eds, Springer International Publishing, pp. 145-155, 2017 

 

 

 

##   Conferences  

 KARYOTIS, C., S.DUBREUILLE, S.FOURNEAUX, "Le « Grand Bouleversement » des bourses : une stratégie du low-cost appliquée à la finance" in *« Gestion des organisations et systèmes financiers : quel modèle pour l’Afrique du 21ème siècle? »- COSIS*, 2019, Dakar, Senegal 

 DUBREUILLE, S., S.FOURNEAUX, "Breakthrough in financial markets: Low-cost strategies in finance industry" in *World Finance Conference*, 2019, Santiago, Chile 

 DUBREUILLE, S., M.CHERIF, S.FOURNEAUX, J.ONOCHIE, "Venture Capital Performance Under Funds of Funds Monitoring" in *World Finance Conference*, 2016, New York, United States 

 FOURNEAUX, S., S. DUBREUILLE, S. LLEO, "Is Real Estate a Good Way to Diversify in Times of Financial Crisis?" in *III World Finance Conference*, 2012, Brazil 

 TARNAUD, N., S.FOURNEAUX, S.DUBREUILLE, "L'impact du métro sur la valeur d'un actif immobilier" in *Colloque du GIS Modèlisation Urbaine, La modélisation des flux au service de l'aménagement urbain*, 2012, France 

 FOURNEAUX, S., "Understanding (my) MBA experience : a first person approach" in *IFSAM (International Federation of Scholarly Association of Management) 2010 Conference*, 2010, France 

 

 

 

##   Books  

 FOURNEAUX, S., *Finance Digitale*, Gualino Lextenso Editions, 2025 

 KARYOTIS, C., J.-M.BÉGUIN, S.DUBREUILLE, S.FOURNEAUX, J.-C.MAZZONI , *Aide-mémoire - Gestion de patrimoine*, Editions Dunod, Paris, France, 2017 

 FOURNEAUX, S., D. MARTEAU, J. CARLE, R. HOLZ, M. MORENO, *La gestion du risque climatique*, Collection Gestion, 2004 

 

 

 

##   Conference contributions  

 FOURNEAUX, S., "Operating Partner: un métier, plusieurs manières de l'aborder", 2025, France 

 FOURNEAUX, S., "ETF Immobilier : mode d'emploi, Comment construire son portefeuille en 2013 ?" in *Séminaire Reims Management School*, 2013, Reims, France 

 FOURNEAUX, S., N.TARNAUD, "Atelier proximité des transports et prix des actifs immobiliers" in *Fête de la recherche, Reims Management School*, 2012, Reims, France