Dr. Hassan Raza
Ph.D (Finance) MS(Finance) MBA(Finance)
CNIC
C/O
Address:
33203‐2718349‐5
Faculty of Management Sciences, National University
of Modern Languages, H‐9 Islamabad.
Email:
hraza@numl.edu.pk
hassanrazaa@live.com
Cell No:
+92300‐6621352
Personal Profile:
A dynamic, savvy, doctorate in finance offering successful teaching and research skills, who believe that the optimal
outcome of the learning process is achieved only if both the students and the instructor work hard during the course.
For me education has been a very personal experience. Despite the odds, I have tried my best to gain satisfaction from
all my learning endeavours and have only aim to deliver same.
CORE COMPETENCIES
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I can handle different research tools for data analysis and can apply relevant tests. Workshops on these topics are held
often for research students at Mohammad Ali Jinnah University, International Islamic University and National University of
Modern Languages.
Research
Tools
Major Test to be Applied
AMOS‐21
Extreme Value Theory for Risk Factors in R, Extreme Value Distributions (Gumbel
Density, Frechet Density, Weibull Density), VaR, Estimation of Extreme Value
Distributions, CvaR, Estimation of Extreme Value Distributions, Block Maxima
Estimation of Extreme Value Distributions, EVT Peaks-Over-Threshold
Estimation, Extreme Bound Testing and other related Models.
Multivariate Regression, Testing all Assumptions of Regression, Removal of
Regression Problems eg. Hetroskedicity, Autocorrelation and Multi‐collinarity,
Dummy Variable application in Finance, Simultaneous Equation Modeling, ARMA,
ARIMA modeling, ARCH‐GARCH analysis, VAR model and Causality Test,
Cointegration and Error Correction Modeling, Balanced and Unbalanced Panel
Analysis
Non‐Parametric Tests eg. Mann Witney, Willcoxsin, K‐W test, Testing for Normality,
Multivariate Regression and Testing of its Assumptions, Exploratory Factor Analysis,
Cluster Analysis, Discriminate Analysis, Moderation and Mediation through
hierarchal Regression Analysis, Moderation and Mediation through Preecher and
Hyes
Structure Equation Modeling, Path Analysis, Confirmatory Factor Analysis,
Multigroup moderation, Mediation
STATA‐14
Fama and Macbeth Regression, Portfolio management, Extreme Value Theory,
Dynamic Panel, GMM and others
R
EVIEW‐11
SPSS‐24
Latext
I am also Latext write up expert, for almost all type of formats
EMPLOYMENT HISTORY
Lecturer, Management Sciences Dept. National University of Modern Languages, Islamabad (Full‐Time, Feb 2013 –
Date)
A public sector university that covers all world known languages, arts, social sciences, Management Sciences, IT and
Engineering courses. [www.numl.edu.pk]
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Delivering Lecturers on Multivariate Data Analysis (https://www.facebook.com/groups/mvanuml/), Financial Risk
Management, Research Methods in Finance, Financial Modelling, Quantitative methods in Finance, and
Investment & Portfolio Management
Supervising research students at MS and PhD level;
Universities served as Visiting Lecturer Arid Agriculture University Rawalpindi, International Islamic University
Islamabad, Capital University of Science and Technology, Islamabad
 Finance Theory
 Research Paradigm in Finance
 Financial Risk Management
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Analysis of Derivatives
Financial Modelling and Risk Analysis
Quantitative Techniques in Finance
Investment analysis and Portfolio Management
Allied Bank Limited, Business Analysts/T‐24 Trainer
One of the Fifth bigger Bank of Pakistan. [www.abl.com.pk]
(Mar 2011 – Jan 2013)
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Operation Manager for five months
Trainer of all modules of Banking Software Temonos‐24
Analysis of Branch data, and prepare it for migration
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Work as a roll out team member that enable transformation of UNI‐BANK to T‐24 software
EDUCATIONAL, PROFESSIONAL QUALIFICATIONS, RESEARCH PUBLICATION AND OTHERS
 PhD (Finance) (Capital University of Science and Technology, Islamabad)
 MS (Finance) from Muhammad Ali Jinnah University Islamabad, CGPA 3.79
 MBA (Finance) from COMSATS Institute of Information Technology Islamabad, CGPA 3.73.
 Passed papers of CA (Chartered Accountant) of Functional English, Quantitative Mathematics, Business
Economics, and Financial Accounting
Doctoral Research‐Cost of Equity Dynamics: A Comparison Across Emerging and Developed Markets:
The basic purpose of the study is to calculate the cost of equity by using Capital Asset Pricing Framework. For this
purpose, various existing CAPM’s models i.e. Local, Global, Modified Global, Downside, Hybrid, and Extended Hybrid
model by adding industry risk premium have been evaluated using the Fama‐Macbeth 1973 methodology. Empirical
results clearly support the applicability of Extended CAPM for the calculation of cost of equity, for both emerging and
developed countries.
EXTRACURRICULAR ACTIVITES/ WORKSHOPS
University Name
Capital University of Science and Technology
ORIC CIIT Islamabad
Capital University of Science and Technology
NUML‐ ISB
NUML Lahore
Topics
Introduction to Moderation and Mediation
Regression and Correlation
Introduction to AMOS
Moderation and Mediation through AMOS
EVIEW‐SPSS‐and AMOS workshop
HONOURS/AWARDS
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Reviewers of HEC recognized Journal‐ “NUML Journal of Management & Technology”
Bronze Medallist in MS from Muhammad Ali Jinnah University Islamabad
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Chancellors Award for 4 GPA in MS from Mohammad Ali Jinnah University Islamabad
Certificate of Participation in Virginia International University USA Conference 2018
Certificate of Commendation to 8th CUST International Business Research Conference 2019
Silver Medallist in MBA from COMSATS Institute of Information Technology
Audience
MS/PhD
Doctor/Eng
Faculty
MS/PhD
RESEARCH PUBLICATIONS
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Raza, H, Hassan, A, & Rashid, A. (2019). The Impact of Downside Risk on Expected Return: Evidence from
Emerging Economies. The Lahore Journal of Business 8(1), (Y-Category)
Raza, H. (2018). Is D-CAPM Superior to CAPM: The Case of PSX. NUML Journal of Business and Management
13(1), (Y-Category)
Misbah, N. Raza, H., Mubarik, F. (2018). Determinants of Profitability of Banking Industry in Pakistan. NICE
Research Journal 11(2), (Y-Category)
Mashkoor, A. Raza, H. (2016 ). Impact of Judicial Efficiency on Financial Leverage. Jinnah Business Review 4(2),
38-49 (Z-Category)
Raza, H., Shah, S. A., & Malik, A. S. (2015). Day of the Week Anomaly and Market Efficiency: Evidence from
KSE Pakistan. International Journal of Business and Social Science, 6 (9), 22-29. (Scopus Index)
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Shah, S. A., & Hassan, R. (2014). A Comparative Analysis of Stock Return through VaR: Varriance Co-Varriance
and Historical Simulation Method (Empirical Evidence form KSE-100) . NUML Journal of Management &
Technology, 9 (1), 5-20. (Y-Category)
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Saleem, A. Malik, Raza, H. (2016). Capturing effect of exchange rates on Exports: A case from Developing
Economy. International Journal of Humanities and Social Sciences, 6(3), 112-121. (Scopus Index)
Raza, H., Malik, Shafaq. (2013). Impact of Political Instability and Terrorism on stock returns: Evidence from
Pakistan. Jinnah Business Review 1(2), 47-54 (Z-Category)
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SUPERVISION OF RESEARCH THESIS
Student Name
Topic of Thesis
Completed
Completed
Completed
Year of
Completion
2015
2016
2016
2017
The Long Term and Short Term Interlinkages of Islamic
Banking and Economic Growth of Pakistan: A Co‐
integration Approach
Impact of Corporate Governance in predicting
business failure
Completed
2017
Completed
2017
Misbah Nadeem
Determinants of Profitability of Banking Industry
Fizzah Batool
Inter-Sectoral Diversification: ADCC GARCH
Sana Khan
Firm and Industry Specific Determinants of
Capital Structure: Evidence from Pakistan
Exploring Relationship between Digital
Currencies and Other Financial Assets: An
Empirical Investigation from PSX
Completed
Submitted
Submitted
2018
2019
2019
Submitted
2019
Syeda Farwa Kazmi
Saira Yamin
Aroosa Zeb
Robina Qadeer
Tax Loss Hypothesis, Evidence from Pakistan
Impact of Investor Sentiments on Stock Returns
A Model for Prediction of Failure Companies
Impact of Corporate Governance and Earning
Management on organizational performance
Uzma Perveen
Raeesa Shoib
Urooj Akram
Progress
REFERENCES.
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Dr. Arshad Hassan. Dean Faculty of Management Sciences, Capital University of Science and Technology
Email ID: aarshad.hasan@gmail.com; arshad@cust.edu.pk Ph: 051‐4486700‐4 Ext. 300, Cell No. 0092‐321‐5532408
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Dr. Abdul Rashid. Associate Professor, Chairperson of Economics and Finance department, International Islamic
University Islamabad. Email ID: abdulrashid@iiu.edu.pk; Cell No. 0092‐333‐2277507
Dr. Syed Zulfiqar Ali Shah. Associate Professor / Deputy Dean / Acting Chairman, Department of Higher Study &
Research (HS&R), Department of Accounting & Finance. Email: zulfiqar.shah@iiu.edu.pk Phone: 051‐9019764