Shah Saeed Hassan Chowdhury

To achieve academic excellence and be able to disseminate acquired knowledge among the students.

University of Arkansas, Fayetteville, Arkansas, USA

Master of Arts in Economics (thesis), August 1997 - December 1999

Thesis Title: The Speed of Adjustments of Stock Prices to Information in the Emerging and Developed Stock Markets: A Comparative Analysis

University of Mississippi, Oxford, Mississippi, USA

Master of Business Administration, January 1995 - May 1997

University of Rajshahi, Rajshahi, Bangladesh

Master of Commerce (major in Finance and Banking), 1990 -1991

University of Rajshahi, Rajshahi, Bangladesh

Bachelor of Commerce (major in Finance and Banking), 1983 - 1989

Associate Professor, August 2001 – Present

Taught Business Mathematics, Financial Management, Investments and Portfolio Management at undergraduate and graduate levels; guided students to accomplish research and internship projects; and designed academic curriculum.

Assistant Professor, February 05, 1995 – August 2001

Taught Investments and Portfolio Management at undergraduate and graduate levels, respectively

Lecturer, February 05, 1992 - February 04, 1995

Taught undergraduate level finance and economics courses

Department of Economics, University of Arkansas, Fayetteville, Arkansas, USA

Graduate Assistant, August 1997 - May 1999

Graded undergraduate and graduate level courses and assisted the professors in their research

Co-authored (1995) “Price Behavior of Common Stock New Issues: Evidence from an Emerging Equity Market,” Journal of Business Administration (published by the Institute of Business Administration, University of Dhaka, Bangladesh), Vol. 22, No. 3 & 4

Co-authored (2001) "Linear Causal Relationship Between Changes in Stock Price and Trading Volume: The Case of the DSE," The Rajshahi University Studies, Rajshahi, Bangladesh, Part C, Vol. 9

Co-authored (2001) "Capital Market Seasonality: The Case of the Dhaka Stock Exchange (DSE) Returns," The South Asian Journal of Management, India, Vol. 8, No. 3 & 4

Co-authored (2002) "Serial Dependence in the DSE Returns: An Empirical Study," Journal of Bangladesh Studies, USA, Vol. 4, No. 1

Co-authored (2002) "The Size Effect on the Speed of Stock Price Adjustment to Information in the Indian Stock Market," The Asian Economic Review, Hyderabad, India, Vol.44, No.1

Co-authored (2002) "The Effect of Foreign Aid on the Economic Growth of the SAARC Members," The Rajshahi University Studies, Rajshahi, Bangladesh, Part C, Vol. 10

Co-authored  (2003) “Cross-section of Expected Returns: The Case of Dhaka Stock Exchange (DSE),” The South Asian Journal of Management, India, Vol. 10, No. 2

Co-authored (2004) “On the Empirical Relationship between Macroeconomic Volatility and Stock Return Volatility in the Dhaka Stock Exchange,” Global Journal of Finance and Economics, New Delhi, India, Vol. 1, No. 2

Co-authored (2005) “Volatility and Stock Returns in Dhaka Stock Exchange: Some Empirical Evidence Using ARCH Models,” International Journal of Applied Business and Economic Research, Serial Publication, India, Vol. 3, No.  1

Research Articles Submitted for Publication

Co-authored "Month of the Year and Unnatural Holiday Effects on the DSE Stock Returns: An Empirical Analysis," submitted for publication in The Management Development, Bangladesh Institute of Management, Dhaka, Bangladesh

Co-authored “Relevance of the CAPM Beta in Explaining the Cross-section of Returns of the DSE Stocks,” submitted for publication in The Journal of Institute of Bangladesh Studies, University of Rajshahi, Bangladesh

Co-authored “Market Integration of the Developed and Emerging Markets: A Comparative Study,” submitted for publication in Chartered Accountant Journal, Dhaka.

Co-authored “Sector Returns Behavior in the Dhaka Stock Exchange,” submitted for publication in the Chartered Secretary, Dhaka, Bangladesh    

Authored “A Closer Look at the Size Effect in the Dhaka Stock Exchange (DSE),” submitted for publication in The South Asian Journal of Management.

"Efficiency of Bangladesh Stock Market: Evidence from Weely indexes and Monthly Individual Firm Data" submitted for publication in the Applied Financial Economics

Co-authored "Relation between Volatility and Return in the Dhaka Stock Exchange (DSE): Evidence from Cross-sectional Approach" submitted for publication in Journal of Business and Economics, Published from University of Qatar.

Ongoing Research Projects

An Empirical Investigation on the Relation between Inflation Rate and Inflation Rate Uncertainty in Bangladesh (almost completed)

Causal Relationship between Trade Openness and Government Size in Bangladesh  (half-way through)

“The Effect of Foreign Aid on the Economic Growth of the SAARC Members,” Funded by the Annual Development Plan (ADP), Faculty of Business Studies, University of Rajshahi, Bangladesh (Completed)

“Seasonal Anomalies in the DSE Returns,” Funded by the University Grants Commission (UGC), Dhaka, Bangladesh (Final stage)

“Stock Returns and Real Economic Activity in Bangladesh: An Empirical Study,” Funded by the University Grants Commission (UGC), Dhaka, Bangladesh (On-going)

Does Bangladesh Capital Market overreact? (Almost completed)