Profile image of Sohel Azad

Dr Sohel Azad

STAFF PROFILE

Position

Senior Lecturer

Faculty

Faculty of Business and Law

Department

BL Deakin Business School

Campus

Melbourne Burwood Campus

Contact

s.azad@deakin.edu.au
+61 3 924 46873

Biography

Dr Sohel Azad is a Senior Lecturer in the Department of Finance in Deakin Business School. Previously, Sohel held lecturer and assistant professor positions at various universities in Bangladesh and Japan. He was a Visiting Research Fellow at Kobe Gakuin University in Japan and the American University of Sharjah in UAE. He earned his PhD in Finance from Monash University in 2012. Prior to this, he did an MSc in Development Economics from Ritsumeikan APU with the highest CGPA among the graduating class and, a Bachelor and Masters in Business Administration in Finance with first classes from the University of Chittagong in Bangladesh.

Sohel has published in various finance and economics journals that include Journal of International Financial Markets, Institutions and Money; International Review of Finance, International Review of Financial Analysis, Emerging Markets Review, Economic Modelling and Asian Economic Journal. He also obtained some domestic and international research grants. Sohel presented his research papers in various domestic and international seminars and conferences.

His research interests include modelling and decomposing volatility and correlations in financial markets; financial contagion; asset pricing and Islamic finance.

In addition to Sohel's research performance, he has received the Deakin University Vice-Chancellor Award for teaching in 2017.

Read more on Sohel's profile

Career highlights

  • Senior Lecturer in Finance at Deakin University, Melbourne, since January 2016.
  • Lecturer in Finance at Deakin University, Melbourne, 2011-2015.
  • Visiting Scholar, American University of Sharjah, UAE, 2015-2016.
  • Sessional staff in Accounting and Finance at Monash University, Caulfield Campus, 2008-2011.
  • Visiting Lecturer, Ritsumeikan APU, Japan, 2008.
  • Visiting Research Fellow, Kobe Gakuin University, Japan, 2004-2005.
  • Lecturer/Assistant Professor in Finance, University of Chittagong, 1999-2004.

Research interests

  • Islamic finance and banking
  • Volatility and risk modelling
  • Macroeconomic risk
  • Financial markets

Units taught

  • MAF367 - Treasury Operations
  • MAF203 - Business Finance
  • MAF306 - International Finance and Investment
  • MAF760 - International Finance

Conferences

  • 'Religiosity, Neglected risk and Asset Returns in Islamic Finance Industry', 3rd Chapman Conference on Money and Finance, Chapman University, USA, 4 May 2018.
  • 'Can Islamic Banking Prevent Asset Price Bubble?', ICIBF Conference, Saudi Arabia, 2016.
  • 'Why is interest free Islamic banking not free from interest?', Seminar Series, American University of Sharjah, UAE, December 2015.
  • 'Why is interest-free Islamic banking not free from interest?', Asia Pacific Association of Derivatives (APAD) Conference, South Korea, December 2015.
  • 'Islamic Banking and Asset Price Bubbles', IBF Islamic Finance,  Lancaster University, UK, June 2014.
  • 'IIBR-LIBOR Relationship and the Nature and Determinants of “Islamic Premium”', Asia Pacific Association of Derivatives (APAD) Conference, South Korea, 23-24 August 2013.
  • 'Market Inefficiency and Trade-induced Manipulations: Evidence from Emerging Markets', Higher Moments, Risk Management and Financial Markets Symposium, Vietnam, January 2013.
  • 'Pricing Business Cycle, Skewness and Correlation Risk in US Swap Market', Asia Pacific Association of Derivatives (APAD) Conference, South Korea, 23-24 August 2012.
  • 'Measuring Swap Market Links via Volatility Transmissions and Contagion: What Are We Really Picking Up?', Accounting and Corporate Governance Seminar Series, Macquarie University, Australia, 17 March 2011.
  • 'Financial Integration and Swap Market Links Under Two-component Volatility Model: Evidence from the Major Swap Market', Midwest Finance Association Conference, USA, 2-5 March 2011.

Media appearances

  • OBS (OITA), Japan: Micro Finance, National Heritage Sites and Festivals of Bangladesh.

Awards

  • Monash Graduate Research Scholarship, Monash University, 2008-2011.
  • Faculty of Business and Economics Scholarship, Monash University, 2008-2011.
  • Makita Scholarship, Japan, 2006-2008.
  • United Nations University Academic Excellence Award, 2006
  • Japanese Government Scholarship (JASSO), 2005-2006.
  • Research Grants from Ritsumeikan Asia Pacific University, 2005 and 2007.
  • Visiting Research Fellowship, Kobe Gakuin University, Japan, 2004-2005.

Projects

  • Faculty Research Grants in 2013 (Amount: $8,000): Exposing the Interest Rate Swap Spreads: Australian Evidence (Joint investigator) with Vincent (Joint Investigator) and Fang (Mentor).
  • Association of Chartered Certified Accountants (Amount: $18,108): Accounting Standards and Misrepresentation of Islamic Financial Instruments  Risk with Ahsan and Azmat (joint investigators).

Publications

Filter by

2018

What determines the Japanese corporate credit spread? A new evidence

A Azad, A Chazi, P Cooper, A Ahsan

(2018), Vol. 45, pp. 349-356, Research in international business and finance, Amsterdam, The Netherlands, C1

journal

Can Islamic banks have their own benchmark?

A Azad, S Azmat, A Chazi, A Ahsan

(2018), Vol. 35, pp. 120-136, Emerging markets review, Amsterdam, The Netherlands, C1

journal

Sailing with the non-conventional stocks when there is no place to hide

A Azad, S Azmat, A Chazi, A Ahsan

(2018), pp. 1-16, Journal of international financial markets, institutions and money, Amsterdam, The Netherlands, C1

journal

Topological applications of multilayer perceptrons and support vector machines in financial decision support systems

M Abedin, C Guotai, F Moula, A Azad, M Khan

(2018), pp. 1-34, International journal of finance and economics, Chichester, Eng., C1

journal
2017

Investors' behavior in an emerging, tax free market

K Al-Hilu, A Azad, A Chazi, A Khallaf

(2017), Vol. 53, pp. 1573-1588, Emerging markets finance and trade, Abingdon, Eng., C1

journal

What determines the Japanese corporate credit spread? A new evidence

A Azad, A Chazi, P Cooper, A Ahsan

(2017), Vol. 41, pp. 354-361, Research in international business and finance, Amsterdam, The Netherlands, C1

journal
2015

International swap market contagion and volatility

A Azad, J Batten, V Fang, J Wickramanayake

(2015), Vol. 47, pp. 355-371, Economic Modelling, C1

journal

What determines the yen swap spread?

A Azad, J Batten, V Fang

(2015), Vol. 40, pp. 1-13, International Review of Financial Analysis, C1

journal
2014

Unchecked manipulations, price-volume relationship and market efficiency: evidence from emerging markets

S Azad, S Azmat, V Fang, P Edirisuriya

(2014), Vol. 30, pp. 51-71, Research in international business and finance, Philadelphia, USA, C1

journal

Determinants of stock returns: Factors or systematic co-moments? Crisis versus non-crisis periods

C Hung, A Azad, V Fang

(2014), Vol. 31, pp. 14-29, Journal of international financial markets, institutions & money, Amsterdam, The Netherlands, C1

journal

Impact of policy changes on the efficiency and returns-to-scale of Japanese financial institutions: an evaluation

A Azad, S Yasushi, V Fang, A Ahsan

(2014), Vol. 32, pp. 159-171, Research in international business and finance, Amsterdam, The Netherlands, C1

journal

External shocks and tourist arrivals to Cambodia

A Sohel Azad, V Chheang, A Ahsan

(2014), Vol. 19, pp. 311-321, Tourism analysis, Putnam Valley, NY, C1

journal
2013

An investigation of the deviation from the market efficiency and its Implications for capital market development: the DSE evidence

A Azad, A Ahsan, V Fang

(2013), pp. 143-159, Emerging markets and the global economy: a handbook, Oxford, England, B1

chapter
2012

Business cycles and the impact of macroeconomic surprises on interest rate swap spreads : Australian evidence

V Fang, A Azad, J Batten, C Lin

(2012), pp. 379-398, Contemporary studies in economic and financial analysis, Bingley, England, B1

chapter

Linking the interest rate swap markets to the macroeconomic risk : The UK and us evidence

A Azad, V Fang, C Hung

(2012), Vol. 22, pp. 38-47, International review of financial analysis, Amsterdam, Netherlands, C1

journal
2011

Low-frequency volatility of yen interest rate swap market in relation to macroeconomic risk

A Azad, V Fang, J Wickramanayake

(2011), Vol. 11, pp. 353-390, International review of finance, Richmond, Vic., C1-1

journal
2010

Efficiency, cointegration and contagion in East Asian stock markets : implications for investors and policy makers

S Azad, S Azmat

(2010), pp. 293-297, Financial contagion : the viral threat to the wealth of nations, Hoboken, N. J., B1-1

chapter
2009

Efficiency, cointegration and contagion in equity markets : evidence from China, Japan and South Korea

S Azad

(2009), Vol. 23, pp. 93-118, Asian economic journal, Richmond, Vic., C1-1

journal

Random walk and efficiency tests in the Asia-Pacific foreign exchange markets : evidence from the post Asian currency crisis data

A Azad

(2009), Vol. 23, pp. 322-338, Research in international business and finance, New York, N. Y., C1-1

journal
2004

A study on small business enterprises in Bangladesh : searching for growth factors and obstacles

M Jahur, A Azad

(2004), Vol. 51, pp. 73-89, Journal of the institute of bankers Bangladesh, [Dhaka, Bangladesh], C1-1

journal

Assessing impact of micro finance on poverty alleviation - Bangladesh perspective

S Azad, M Shamsuddoha, T Arif

(2004), pp. 1-9, Enhancing Performance : Agenda for Growth : proceedings of the Prestige Institute of Management and Research (PIMR) national conference, Indore, India, January 29-30, 2004, Indore, India, E1-1

conference

Funded Projects at Deakin

No Funded Projects at Deakin found

Supervisions

Associate Supervisor
2015

Thi Anh Thu Pham

Thesis entitled: Studies of firm efficiency on stock returns

Doctor of Philosophy, Department of Finance