He obtained the doctorate in Credit Management from the University of Edinburgh Business School. He has been working with Professor Jonathan Crook and Dr. Galina Andreeva at the Credit Research Centre. Dr. Li specialises in credit scoring, consumer credit, corporate credit and other theoretical and empirical credit studies. Many of his papers were presented at international conferences of finance, operational research and credit research and submitted to top journals in banking and finance, management science/operational research and risk management.