Arifur Rahman, PhD

Assistant Professor
Department of Finance and Banking
University of Rajshahi
Phone: +88 0721 750041-9 Extension 4134
Fax: +88 0721 750064
E-mail : This e-mail address is being protected from spambots. You need JavaScript enabled to view it

Arif joined the department in late 1997. He has taught a number of graduate and post-graduate level courses in the area of finance and economics including investment analysis and portfolio management, corporate finance, financial analysis and control, monetary economics. His research has been published in international journals such as Applied Financial Economics, Frontiers in Finance and Economics, Global Journal of Finance and Economics, and South Asian Journal of Management.

Academic Background:

• PhD in Finance, University of Western Sydney, Australia, 2008
  Thesis: On the Information Content of Idiosyncratic Equity Return Variation.
• MBS in Finance & Banking, University of Rsjahahi, Bangladesh, 1996

Areas of Academic Interest:

• Idiosyncratic Volatility, Behavioral Finance, Applied Portfolio Management, Asset Pricing, Emerging Stock Markets.

1. “Industry-level stock returns volatility and aggregate economic activity in Australia” forthcoming in the Applied Financial Economics.
2. “The information content of cross-sectional volatility for future market volatility: Evidence from Australian equity returns”, Frontiers in Finance & Economics, Vol. 4, No. 1, 2007, pp.91-124.
3. “On the empirical relationship between macroeconomic volatility and stock return volatility in the Dhaka Stock Exchange,” (with S.S.H. Chowdhury) Global Journal of Finance and Economics, Vol. 1, No. 2, 2004, pp.209-225.
4. “The cross-section of expected returns: The case of Dhaka Stock Exchange (DSE)”, (with S.S.H. Chowdhury and M.S. Akhter), South Asian Journal of Management, Vol. 10, No. 2, 2003, pp.7-12.
5. “Capital market seasonality: The case of Dhaka Stock Exchange (DSE) returns”, (with S.S.H. Chowdhury and M.S. Sadique), South Asian Journal of Management, Vol. 8, No. 3&4, 2001, pp.1-7.
6. “Price-Earnings ratio as an investment criterion in the Dhaka Stock Exchange”, (with M.S. Akhter), Rajshahi University Studies, Part-C, Vol. 7, 1999, pp.70-90.

1. Firm-specific variations in returns and fundamentals in emerging Asian stock markets (with Dr. Kabir Hassan). (Presented in the International Colloquium on Business and Management 2007, 19-22 November 2007, Bangkok, Thailand, the Asian/Nippon Finance Association Meetings, Yokohama City, Japan, 6-9 July 2008 and the Financial Management Association (FMA) Meetings, Grapevine, Dallas, Texas, 9-11 October 2008)
2. Industry-level stock returns volatility and aggregate economic activity. (Presented in the College of Business Research Symposium 2006, December 2006, University of Western Sydney, Sydney, Australia)
3. The information content of cross-sectional volatility for future market volatility: Evidence from Australian equity returns (Presented in the Financial Management Asia-Pacific Conference 2005, 26-27 May 2005, Sydney, Australia)

• “Measuring tax effort of Bangladesh” (Financed by the Faculty of Business Studies, University of Rajshahi, Bangladesh, 2004)