PhD graduate profile: Anne Haubo Dyhrberg

Anne Haubo Dyhrberg studied science, international business and economics in Copenhagen and Dublin before seeking her next challenge. Having developed an interest in cryptocurrency and blockchain technologies within the finance sector throughout her studies, a Doctor of Philosophy in this area was an exciting prospect. Finding an adviser with compatible research interests in Dr. Sean Foley, Anne commenced her PhD at the University of Sydney Business School in 2017.

Since completing her doctorate, Anne has been offered a role as an Assistant Professor in Finance at Wilfrid Laurier University in Canada, a fantastic achievement for a recent graduate.

"I think the PhD is in many ways like an apprenticeship in academia," she said. "Of course, you learn from your thesis advisors how to conduct research for your thesis, but you also get an insight into what the job as an academic entails. This includes coming up with great research ideas, formulating those ideas in research projects and papers, working with different co-authors, presenting your papers at academic conferences, managing teaching alongside your research and publishing your research in academic journals."

"The applications of blockchain technology have grown rapidly in recent years," Anne said on her thesis topic. "Governments, central banks, and companies are developing blockchain based projects to improve efficiency and remain competitive. In addition, the markets for cryptocurrencies have grown exponentially. It is therefore increasingly important to understand the market structure and trading behavior on these markets and understand how the design of blockchains affects the costs and usability."

Anne's paper on how the price precision on a cryptocurrency exchange affects the transaction costs for users is currently under second stage review at the Journal of Financial and Quantitative Analysis.

In giving advice to anyone considering a PhD, Anne said, "First, I would advise any PhD student to find a topic that really excites them. You have to spend up to four years on your thesis, and if you want to continue in academia, this can be your topic for many years. It’s important that you find something that you think is interesting, otherwise it’s difficult to keep motivation."

"Second, find a thesis advisor who shares your interest and who is excited to work with you. A lot of things become a lot easier if you have a good working relationship with your advisor. I have become really good friends with my advisors, and I continue to work with them on projects even after graduation as I prepare to move to Canada and continue in my academic career."