CV with Hyperlinks

I. CURRENT & RECENT POSITIONS:

Administrative Position (School of Management) Administrative Position (University & the Public Service) Administrative Position (The Profession) Teaching Position Research Position

II. RECENT AWARDS

III. PREVIOUS PROFESSIONAL POSITIONS

Administrative Positions Teaching Positions (at Universities) Teaching Positions (at Corporate Sites) Consulting Positions Research Positions

IV. OTHER PROFESSIONAL & PUBLIC SERVICES

V. ACHIEVEMENTS:

Administrative Leadership Grants Procurement Teaching Excellence at Universities Teaching Excellence at Corporate Sites Research Leadership Research Publications (1987-2020): 45 Refereed, 4 Non Refereed

VI. PAPER PRESENTATIONS (2000-20)

VII. WORK IN PROGRESS

VIII. MEMBERSHIP IN PROFESSIONAL ORGANIZATIONS

IX. REFERENCES Monzurul Hoque

EDUCATION & PROFESSIONAL DESIGNATION

M.S. in Finance and Ph.D. in Economics, 1987, University of Illinois, Champaign, Illinois, USA. Passed Level I & II of Chartered Financial Analysts (CFA) Examinations towards a CFA charter. Passed with distinction Certificate of Preparedness for Online Teaching (CPOT), Saint Xavier University.

CITIZENSHIP & MARITAL STATUS USA & Married

I. CURRENT & RECENT POSITIONS

Administrative Position (School of Management) • Special Assistant to Provost, Saint Xavier University, Fall 2019- • Professor of Finance, Graham School of Management, Saint Xavier University, 2004 – • Co-Chair, University Strategic Planning of Mission Critical Resources, September 2019- • Founding Chair, Department of Economics, Finance and Quantitative Analysis, Graham School of Management (GSM) at Saint Xavier University, Chicago, Fall 2009 to Summer 2017. Enrollment grew from 60 Finance majors to 107. • Chair, Faculty Development Committee, Fall 2015- to date. • Manager, Student Managed Hedge Fund, Fall 2017- to date. • Chair, Task Force on Vision Statement, July 2014 – February 2015. • Chair, Task Force on Master of Science in Business Analytics, July 2014 – February 2015. • Member GSM Executive Team, member ACBSP and AACSB Accreditation Team, member Mission and Strategic Planning Team, Graham School of Management, Saint Xavier University, Chicago, Illinois. • Grant writer for two consecutive grants of $100,000 and $50,000 from CME Group, 2012 & 2014. Created second Trading Room commissioned in January 2013. • Founding Chair, Assurance of Learning Committee, Graham School of Management. Spring 2009- Summer 2013. • Member, Board of Specified Jurisdiction (Finance), Saint Margaret of Scotland School. • Chair of Finance, Abu Dhabi University, Fall 2006–Spring 2007. • Founding Chair, Accounting and Finance, Graham School of Management, Saint Xavier University, Chicago, Illinois, May 2003 – August 2005. • Founding Director, Financial Trading and Practices, Graham School of Management, Saint Xavier University, Chicago, Illinois, 1995-2005.

Page 2 of 10 Administrative Position (University & the Public Service) • Member, University Rank and Tenure Committee, 2018-11. • Member, Graduate Council, 2011-17. • Chair, University Rank and Tenure Committee, 2009-10. • Co-chair, University Rank and Tenure Committee, 2009-10. • Member, Review Committee of Saint Xavier University Award, 2010 to date. • Member, Recruiting Committee for Senior Administrators Selection, Abu Dhabi University, 2007. • Chair, Recruiting Committee for Finance and Economics Faculty, Abu Dhabi University, 2006-7. • Chair, University Rank and Tenure Committee, 2004-5. Took 43 rank and tenure decisions in three years. • Member, Strategic Planning for Academic Excellence 2008-10. • Member, Visiting Committee, Center for Religion and Public Discourse, Saint Xavier University, Chicago, Illinois, 2003-. • Member, Advisory Board, Center for International Education, Saint Xavier University, Chicago. 2003-5. • Member, Freeman Foundation Grants Committee, 2003-5. • Member, North Library Expansion Planning Committee, 2001-5. • Advisor, North South University, Bangladesh, 1999-2005. • Founding Member, Bangladesh Cultural Alliance of the Midwest 1990-2000.

Administrative Position (The Profession) • President, the Academy of Finance, MBAA, 2004-5. Increased membership by 110%.

Teaching Position • Professor of Finance, Graham School of Management, Saint Xavier University, Chicago, Illinois, 2003- • Professor of Finance, Abu Dhabi University, Abu Dhabi 2006-7. • Visiting Professor of Finance, KFUPM, Dhahran, Saudi Arabia, 2005-6. • Instructor, Schweser CFA Program. • Visiting Professor of Finance, North South University, Dhaka, Bangladesh.

Research Position • Editor, Journal of Finance Issues, 2007-2020. • Guest Editor, Managerial Finance, 2008-14. • Associate Editor of Education Business and Society: Contemporary Middle Eastern Issue 2007-2015. • Associate Editor, International Journal of Finance and Accounting Studies 2013-

II. RECENT AWARDS

• Academy of Finance, Teaching Excellence Award, 2019 • Beta Gamma Sigma, 2017, Honor Roll Lifetime Inductee • Academy of Finance, 2017, Outstanding Decade of Service as an Editor. • Saint Xavier University, 2015, Commitment to Excellence Award. • Abu Dhabi University, 2007. Outstanding Service Award. • King Fahd University of Petroleum and Minerals, 2006. Contribution Award. Page 3 of 10 • Saint Xavier University Award 2004.!Highest Institutional Medal of Honor. • Saint Xavier University Exceptional Service Award 2000. • Saint Xavier University Scholar Award, 1996, 2000 & 2003. • Distinguished Paper Awards, Midwest Academy of Finance and Insurance, 1996 and1997. • National Endowment for Arts Grant, 1991. • National Science Foundation Grant on Flood Management, 1994.

III. PREVIOUS PROFESSIONAL POSITIONS

Administrative Positions • Chair, Finance Department, Abu Dhabi University, Abu Dhabi 2006-7. • Chair, University Rank and Tenure Committee, 2004-5. • Co-chair, University Rank and Tenure Committee, 2003-4. • President-elect and Program Chair, the Academy of Finance, 2003-4. • Chair, Dean’s Review Committee, May 2003. • Chief Administrative Liaison, North South University, Dhaka, Bangladesh, 1999-2002. • Member, School Rank and Tenure Committee, 2001-02. • Member, IBER Conference Task Force, 2002. • Chair, Technology Task Force, Saint Xavier University, Chicago, Illinois, 1995-2000. • Member, Faculty Campaign Committee, Saint Xavier University, 1999. • Chair, Dean’s Review Committee, 1998. • Member, SXU Board of Trustees Facilities & Technology Committee, 1995-2000. • Chair, Search Committee, North South University, Bangladesh, 1994-95. • Chair, Curriculum Committee, Member, Economics and Finance Committee, International Business, and • European Committee of Graham school of Management, 1994 -1998. • Member, Faculty Recruitment Team, Loyola University, Finance Department, 1988 & 1989.

Teaching Positions at Universities • Professor of Finance, King Fahd University of Petroleum and Minerals, Fall 2005–6. • Professor and Chair of Finance, Abu Dhabi University, Fall 2006–Spring 2007. • Instructor, Northwestern University Continuing Education, CFA program, 2003-4. • Associate Professor of Finance, Saint Xavier University, 1996-2003. • Visiting Professor of Finance, North South University, Dhaka, Bangladesh Summer 1995, 1997-99, Spring 2001. • Assistant Professor of Finance, Saint Xavier University, 1994-96. • Assistant Professor of Finance, Loyola University Chicago, 1988-94. • Visiting Assistant Professor, Finance Department, University of Illinois, Champaign, IL. 1987 - 1988. • Visiting Assistant Professor, Finance Department, Sangamon State University, Springfield, IL. 1987 - 1988. • Teaching Assistant, University of Illinois College of Business, Champaign, 1982-88.

Teaching Position at Corporate Sites • Taught Risk Management Seminar to Senior Executives of Investment and Portfolio Page 4 of 10 Management Professionals at Mexico for Mexican Financial Industry Association in 1996. Consulting Positions • Senior Consultant, Access Demand, Teleglobe Inc. Virginia, 2000. • Curriculum and Technology Consultant, Mexican Stock Market, 1996-7. • Summer Intern, the World Bank, Summer, 1985. • Summer Intern, the World Bank, Summer, 1984.

Research Positions • Program Chair, the Academy of Finance, 2003-4. • Editor, Midwest Review of Finance and Insurance, 1998-2000.

IV. OTHER PROFESSIONAL & PUBLIC SERVICES

• President, the Academy of Finance, MBAA, 2004-5. • Program Chair, the Academy of Finance, MBAA, 2003-4 • Advisor to Chair, Finance Department, on Student Leadership Award, on Computer Procurement and Facility Expansion, Loyola University. • Served as Faculty Advisor to the Financial Management Activities Association (FMA) of Loyola University. • Led the FMA to the Fourth Position in the AT&T Investment Challenge, 1991. • President and Founder of the Bangladesh Cultural Alliance of the Midwest, 1991-2000. • General Secretary, Bangladesh Environment and Flood Committee in America Since it began in 1988. This Committee Has Been Awarded National Science Foundation Grant in 1994 & 1995.

V. ACHIEVEMENTS

Administrative Leadership • Helped Design and Develop MS in Business Analytics through interdisciplinary collaboration at Saint Xavier University 2016. • Helped Design and Develop MS in Finance (Online 2017 and On Ground 2016) at Saint Xavier University. • Helped Design and Develop DBA Program and MS in Finance at Abu Dhabi University for accreditation by Commission for Academic Accreditation (CAA) of Ministry of Higher Education and Scientific Research, U.A.E. • Designed, Implemented, and now Directing the Flagship Financial Trading and Practices Program. Established Corporate Contacts for these programs. • Lead a Diverse Group of High Powered Task Force Members to produce Goals, Objective, Strategies and Allocation for Administrative and Instructional Technology for Saint Xavier University. • Articulated Agreement Between SXU and NSU. • Awarded "Special Merit Award" by the Financial Management Association (FMA), Florida for 1991 for Leading the Finance Students at Loyola University Chicago. Page 5 of 10 Grants Procurement

• Helped Procure consecutive CME Grant for Financial Derivatives Program amounting to $50,000, 2014. • Helped Procure CME Grant for Financial Lab at SXU amounting to $100,000, 2012. • Procured CQG grant, AIMR Scholarships and grants from U.S. Financial Exchanges for Financial Trading and Practices, and Center for Investment Management programs amounting to more than a million US dollars. Built Two Trading Rooms at SXU. • Recommended as a recipient of Fulbright Scholarship, 2000-1, on deregulation of Security Exchange Commission of Bangladesh. • Awarded Competitive Research, Collaborative, and Development Grants, 1999-2000. • Awarded Competitive Summer Research Grants for 1995-2005 & 2007-2015 by Graham School of Management, Saint Xavier University. • Awarded Competitive Research Grants for Three Consecutive Summers, 1990, 1991 and 1992 by Finance Department, Loyola University. • Awarded Competitive Summer Research Grant by University of Illinois, Champaign, 1988.

Teaching Excellence at Universities • Rated excellent by over 80% students taught in last two years at SXU. • Scored perfect scores in three graduate courses evaluation at SXU. • Rated excellent at North South University, Bangladesh, 2001, 1999. • Scored a perfect score of five in the undergraduate evaluation in 1994 at Loyola. • Above average performance in teaching at Loyola for six years. Best student evaluation, Winter Quarter MBA, 1993. • Included on the Incomplete List of Teachers Ranked Excellent, Spring 1985, 1986 at the University of Illinois, Champaign.

Teaching Excellence at Corporate Sites Rated excellent by Mexican Financial Industry for Intensive Investment Seminar.

Research Leadership • Editorial Board Member, the Journal of Asia-Pacific Business, 2001- • Editor, Midwest Review of Finance and Insurance, 1998-2000. • Reviewer, Papers for Midwest Academy of Finance and Insurance (MAFI) 1997-2002. • Reviewer, Institutional Investment by Frank Fabozzi, Prentice-Hall, 1993. • Research Publications (1987-19): 45 Refereed, 4 Non-Refereed

(Refereed Research Journals) 1. "Information Technology and Sales & Operations Planning (S&OP) – An Event Study," with H. Mohammadi in Journal of Strategic Innovation and Sustainability, volume 14(5), 2019. 2. “Intellectual Contributions made through the Academy of Finance Journals: 2003- 2016” with T. Krueger in Journal of Finance Issues, Spring 2019. Page 6 of 10 3. “Intellectual Contributions in Academy of Finance Journals: 2003-2016” with T. Krueger in refereed proceedings of Academy of Finance, April 2018. 4. “Do Voluntary Cash Flow Disclosures and Forecasts Matter to Value of the Firms?” with Kenneth C. Rakow, Managerial Finance, Vol. 42, Issue 1 (2016) pp. 3- 12, DOI:10.1108/MF-09-2015-0253, ISSN: 0307-4358. “Constrained Optimization and Opportunity Cost – Case of Islamic Fund,” with Mustafa Dah and Song Wang. Managerial Finance, Vol. 41 Iss: 4 (2015), pp.348 – 367: http:// www.emeraldinsight.com/doi/abs/10.1108/MF-06-2014-0179 5. “Value implications of corporate practices and risk analysis - Guest Editorial,” Managerial Finance, Vol. 42, Issue 1 (2016) 6. “Performance Measurement - Guest Editorial, ” Managerial Finance, Vol. 41, Issue 4 (2015). http://www.emeraldinsight.com/doi/full/10.1108/MF-06-2014-0174; http://dx.doi.org/10.1108/MF-06-2014-0174 7. “Global crisis, bankruptcy, and economic growth,” Guest Editorial, Managerial Finance, 2013, Vol. 39, Number 9, pp. 640. 8. “Financial Arbitrage and Information Technology” with Hamid Mohammadi, Journal of Finance Issues, 2012, Vo.10, Issue 2, pp. 115-131. 9. “Guest Editorial,” Managerial Finance, 2012, Vol. 38, Number 7, pp. 640. 10. “Global Debt Crisis – Will Schumpeter’s Zero Interest Rate and Islamic Interest Free Banking Matter?” 2012, Proceedings of Global Finance. 11. “Commercialization and Changes in Capital Structure in Microfinance Institutions – An Innovation or Wrong Turn?” with M. Chishty and R. Halloway. Managerial Finance, 2011, Vol. 37, Issue 5, pp. 414-425. 12. “Guest Editorial,” Managerial Finance, 2011, Vol. 37, Number 5, pp. 413. 13. “Pedagogical Issues in Formative Assessment,” Journal of Business and Contemporary Issues, 2010, Vol. 17, Number 1, pp. 52-62. 14. “Guest Editorial,” Managerial Finance, 2010, Vol. 36, Number 6, pp. 473. 15. “Financial Meltdown – Crisis and Challenges,” Journal of the Academy of Finance, 2009, Vol. 7, Issue 1&2, pp. 143-152. 16. “Guest Editorial,” Managerial Finance, 2009, Vol. 35, Issue 8, pp. 669. 17. “On the takeover potential of Walgreens - what can we learn from the recent takeover of large family owned Dow Jones Company?” with M. Chishty. Journal of Business and Contemporary Issues, Vol. 16, Issue 1, spring 2008, pp. 31-35. 18. “Saudi Stock Market Crash Was Predictable,” Security Markets & Bourses Conference Publication, Dubai, March 2007. 19. “Charting Saudi Insurance Market” with A. Al-Elg. Journal of the Academy of Finance, 2006. 20. “High Abnormal Return in Bangladesh IPOs - Is it and Anomaly or Inefficiency?” with M. Musa. Journal of the Academy of Finance, 2004 21. “A Model for Business School Strategies in New Economy,” the International Business and Economics Research Journal, April 2003. 22. “Low Dimension Deterministic Chaos in Insurance Stock Returns,” with Jorge Urrutia, J. Vu and P. Gronewaller, the Journal of Risk and Insurance, December 2002. 23. “A Long Term Performance of Initial Public Offerings in Bangladesh,” with M. Musa, the Journal of Business Administration, April 2001.

(Refereed Research Proceedings) 24. “New Management Model for New Economy – the Case of Information and Communication Technology Enterprise,” International Business and Economics Research Proceedings, October 2001. Page 7 of 10 25. “Initial Public Offerings – The Case of Bangladesh,” with M Musa. Midwest Review of Finance and Insurance, March 2000. 26. “A Search for Calendar Anomalies - The Case of Bangladesh,” with S. Ahmad. Midwest Review of Finance and Insurance, March, 2000. 27. Security Exchange Commission in Bangladesh - Is it Optimally Set Up? Global Finance Review, April 1999. 28. “Integrated Investment Management - Integrating the Mind and Minding the Investment,” Midwest Review of Finance and Insurance, March 1999. 29. “Rank Ordering of Popular Options Strategies in Practice,” Midwest Review of Finance and Insurance, March 1998. (Non Refereed Study) 30. NCA SELF STUDY (co-authored as a member) 1997. 31. Technology and Saint Xavier University (co-authored as Chairman), 1996, pp 1-40.

(Refereed Research Journals) 32. "Cash Forecasting: A Combined ARIMA and Regression Approach", with Gentry and Newbold. Distinguished Paper Award, published in Midwest Review of Finance and Insurance, 1996. 33. "Cash Management: A Feedback Analysis", with Gentry, published in Midwest Review of Finance and Insurance, March 1996. 34. "Is there any Unexploited Profit Opportunities in the Emerging Markets?" in CIFER Journal, 1996. 35. "Impetus for Future Growth in International Stock Investment- A Lesson from Hong Kong and Singapore Markets," Managerial Finance, October 1995. 36. "Should We Diversify Internationally," Distinguished Paper Award, Midwest Review of Finance and Insurance, March, 1995. 37. "What Makes the Cash Flows Move: A Hidden Structure?” in Midwest Review of Finance and Insurance, March, 1995. 38. "Free Competition in International Currencies: A Game Theoretic Approach", published in Midwest Review of Finance and Insurance, March, 1995. 39. "A Search for Chaos in the Initial Public Offerings,” with M.R.K. Chishty, Midwest Review of Finance and Insurance, March, 1994. 40. "International Micro and Macro Finance" the Bangladesh Development Studies, Special Issue, 1993. (Non-Refereed Papers) 41. "Valuing Bangladesh Flood Action Plan: A General Commentary on Some Substantive and Technical Issue." in 1993 FOBANA Proceedings at Toronto. 42. "A Brief Teleological History of BEFCA," in BEFCA Newsletter, April 1993.

(Refereed Research Proceedings) 43. "The Distribution of Stock Index Futures Returns," The Western Decision Science Institute Proceedings, 1992. (Invited Research Paper) 44. "Cash Forecasting: An Application of a General Model," with J. Gentry, Tamkang Lecture Series, 1990. 45. "A Simultaneous Equation Approach to Financial Planning Using Cash Flow Components," with J. Gentry, BEBR Faculty Working Paper No. 90-1694. Also, Page 8 of 10

Presented this Paper in the FMA Conference, 1990. 46. "Capital Market Equilibrium Under Market Imperfections and Incompleteness: A Dividend Signaling Approach," with C.F. Lee, BEBR Faculty Working Paper # 1429, 1989. (Non Refereed Research Working Papers #45 & #46) 47. "International Monetary Order - A Strategic Approach" The World Bank Mimeo, 1985.

(The World Bank Refereed Research Report) 48. "Recovering the Cost of Public Higher Education in LDCs: To What Extent are Loan Schemes an Efficient Instrument?" with A. Mingat and Jee-Peng Tan, The World Bank Report No.EDT14, 1985. 49. “Land Distribution in As-Sawad – Departure from Quran and Sunnah that wasn’t,” Institute of Islamic Thoughts, 1981.

VI. PAPER PRESENTATIONS (2000-20)

• Two Paper will be presented at Academy of Finance conference in March 2020 • Three papers were presented at Academy of Finance conference in March 2019. • Three papers were presented at Academy of Finance conference in April 2018. • Three papers were presented at Academy of Finance conference in March 2017. • Two papers were presented at Academy of Finance conference in March 2016. • Three papers were presented at Academy of Finance conference in March 2015. • Three papers were presented at Academy of Finance conference in March 2014 • Two papers presented at Academy of Finance conference in February 2013. • Three papers presented at Academy of Finance conference in March 2012. • Paper presented at the Global Finance Conference, Chicago, May 2012. • Three papers to be presented at Academy of Finance conference in March 2011. • Three papers presented at Academy of Finance conference in April 2010. • Three papers presented at Academy of Finance conference in March 2007. Also, presented the keynote paper on Financial Meltdown. • One paper presented at Academy of Finance conference in March 2007. • Three papers presented at Academy of Finance conference in March 2004. • Two papers presented at Academy of Finance conference in March 2003. • Three Papers presented at International Business and Economics Research Conference, October 2001. • "Nonlinear Dependence in Stock Prices of Insurance Stock Portfolio Returns", with J. Urrutia presented at North American Finance and Economics Association, AFA, January 2000.

VII. WORK IN PROGRESS

• “Connected Intelligence and the Investment Management. • “A Tale of Two Brains in Investment - Left Makes an Informed Investor, Right Brain Makes a Winner.” “A Chaos Analysis of International IPOs.” Page 9 of 10

• “Risk Management in Insurance and Finance- A Convergence of Ideas,” with S. Tippins. • "A Simple Test of Robustness of Standard Estimation Practices of Calendar Anomalies." • In the Reviewing Panel for Papers for 2014 Academy of Finance. • Working on "Bangladeshi North Americans in Transition: Problems and Challenges."

VIII. MEMBERSHIP IN PROFESSIONAL ORGANIZATIONS

• Member, Financial Management Association • Member, Midwest Business Administration Association. • Member, Academy of Finance. • Member, Investment Analysts Society, Chicago.

IX. REFERENCES Will be provided upon request

Page 10 of 10