Dr Lei Fang
Senior Lecturer | Deputy Head of Centre for Mathematical Education | Deputy Director of Education | Director of MSc Risk Analytics
Email: lei.fang@qmul.ac.ukRoom Number: MB-314
Profile
Dr Lei Fang is a Senior Lecturer in the School of Mathematical Sciences.
Her academic pursuits span across various fields, with a particular focus on Digital Transformation, Systemic Risk Management, and Machine Learning Applications in Actuarial Science and Higher Education. Additionally, she actively engages in pedagogical research. She enjoys teaching Actuarial Science, Risk Management, and Financial Mathematics.
In addition to being the Deputy Head of Centre of Mathematical Education and Deputy Director of Education, Lei is currently a member of the University Senate, and the Chair of GenAI Working Party in Institute and Faculty of Actuaries (IFoA).
Teaching
- Actuarial Financial Engineering
- Applied Probability and Statistics
- Data Analytics
- Statistics for Insurance
Research
Publications
Peer-Reviewed Journal Articles:
- Zhou, X., Fang, L., & Rajaram, K. (2025). Exploring the digital divide among students of diverse demographic backgrounds: A survey of UK undergraduates. Journal of Applied Learning and Teaching, 8(1). https://doi.org/10.37074/jalt.2025.8.1.22
- Fang, L., Lanzolla, G., & Tsanakas, A. (2024). Digitalization and convergence of management attention across industries. In Academy of Management Proceedings (Vol. 2024, No. 1, p. 20580). Academy of Management.
- Wang, K., Fang, L., & Cheng, J. (2020). Management of commissions to meet the regulatory requirements: The case of property–casualty insurance in China. The Geneva Papers on Risk and Insurance – Issues and Practice. https://doi.org/10.1057/s41288-020-00161-y
- Fang, L., Cheng, J., & Su, F. (2019). Interconnectedness and systemic risk: A comparative study based on systemically important regions. Pacific-Basin Finance Journal. https://doi.org/10.1016/j.pacfin.2019.02.007
- Fang, L., & Su, F. (2018). An analysis of the existence of systemic risk in China's insurance market based on dynamic equilibrium model. Insurance Study. https://doi.org/10.13497/j.cnki.is.2018.11.002
- Su, F., & Fang, L. (2017). Analysis on the optimal mode of policy-based agricultural insurance subsidy—based on the study of “Thousand Villages Survey”. Journal of Finance and Economics. https://doi.org/10.16538/j.cnki.jfe.2017.11.011
- Fang, L., & Su, F. (2017). Main causes of systemic risk in banking industries. Studies of International Finance. (Best Paper of the Year Award). https://doi.org/10.16475/j.cnki.1006-1029.2017.08.007
- Fang, L., & Su, F. (2017). Spatial correlation of villages regarding financial exclusion. Collected Essays on Finance and Economics. https://doi.org/10.13762/j.cnki.cjlc.2017.01.003
- Su, F., & Fang, L. (2016). The role of positive government in improving inclusive finance in rural areas. Journal of Finance and Economics. https://doi.org/10.16538/j.cnki.jfe.2016.12.007
- Fang, L., & Su, F. (2016). The substitution effect between subsidy and insurance awareness. Economic Management. https://doi.org/10.19616/j.cnki.bmj.2016.10.011
- Su, F., & Fang, L. (2016). Regional differences of rural financial exclusion: Is it mainly because of insufficiency in demand or supply? Management World. https://doi.org/10.19744/j.cnki.11-1235/f.2016.09.007
Book chapter:
- Fang, L., & Essien, A. (2025). Harnessing AI for data interpretation and insightful discussions. In X. Zhou & A. Hosam (Eds.), Institutional guide on the use of AI for research. Springer.
Peer-Reviewed Blog:
- Fang, L., & Zhou, X. (2025, April 2). Will GenAI narrow or widen the digital divide in higher education? Society for Research into Higher Education (SRHE) Blog. https://srheblog.com/2025/04/02/will-genai-narrow-or-widen-the-digital-divide-in-higher-education/
Conference Proceedings:
- Fang, L., & Zhou, X. (2025). Integrating AI in business education: An experiential exercise to balance technical proficiency and critical thinking. British Academy of Management (BAM) Management Knowledge and Education (MKE) Teaching Practice Conference 2025, London, UK.
- Zhou, X., Fang, L., & Schofield, L. (2024). Are the academic staff AI literate? A case study of staff perception on artificial intelligence adoption in higher education. Society for Research into Higher Education (SRHE) International Research Conference 2024, Nottingham, UK.
- Fang, L., Lanzolla, G., & Tsanakas, A. (2020). Digital technology adoption and changes in management priorities. The 80th Annual Meeting of the Academy of Management. Academy of Management.
Supervision
Areas of Supervision Expertise:
Lei welcomes prospective doctoral students with a research interest in AI adoption in the field of risk management, actuarial science, and higher education. She also has a special interest in pedagogical research.
Public Engagement
Lei is the Chair of GenAI Working Party of Institute and Faculty of Actuaries (IFoA).
Associate Editor – Special issue:
Integrating Constructivist Approches and Active Learning in Knowledge Creation with Genenrative AI, Journal of Artificial Intelligence in Education
Grants
Awards:
International Prize of the Dimitris N. Chorafas Foundation as the only UK-based recipient in 2023.
Sir Edward Johnson Prize of IFoA, 2013