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Dr Lei Fang

Lei

Senior Lecturer | Deputy Head of Centre for Mathematical Education | Deputy Director of Education | Director of MSc Risk Analytics

Email: lei.fang@qmul.ac.uk
Room 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

  • 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
  • Zhou, X., Wolstencroft, P., Schofield, L. N., & Fang, L. (2025). Are graduates digitally unprepared?—A digital technology gap analysis from alumni and employer’s perspectives. Journal of Computer Assisted Learning, 41(4). https://doi.org/10.1111/jcal.70046
  • 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.
  • 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/
  • 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.
  • 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.
  • 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.
  • 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

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

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