Faculty Profile

Education

Current Position(s) Held

Awards, Recognition and Honors

• Principal Investigator (Quantitative Research), “Ecosystem Readiness Level (ERL) Framework – Pilot,” Project Funded by National Research Foundation (NRF) I&E Grants, Led by SGInnovate with partner SMU, August 2025, Total Project Value (TPV) S$404, 264
• “Grades Matter in performance: Morningstar Stewardship Grade and Mutual Fund Performance” (jointly with Jeremy Goh and Ng Wee Seng) was presented and won the Best Fund Management Paper award in the Financial Markets and Corporate Governance Conference in QUT, Brisbane, Australia in April 2014
• “Did the Sarbanes-Oxley Act Impede Corporate Innovation? An Analysis of the Unintended Consequences of Regulation” (Joint with Jerry Cao, Jeremy Goh and Ted Tschang) was a semi-finalist for the best paper award for Financial Institutions at the prestigious 2016 Annual Financial Management Association in Las Vegas, NV, USA (out of 1700 papers submitted)
• Nominated for 2016 Best Teacher Award for the Post Graduate Professional Program (one of six nominees across SMU)
• As the founding Principal Investigator, raised external research funding from MAS and term funds from DBS for the DBS-SKBI Singapore Index of Inflation Expectations (SInDEx) survey (2018-2019)
• As Program Director and Principal Investigator for Research jointly raised over SGD 3 million for SMU Financial Literacy, Inclusion and Technology (SMU FinLIT, erstwhile Citi Foundation-SMU Financial Literacy Program for Young Adults), 2016-2026.

Research Interests

• Theoretical and Applied Econometrics
• Financial Econometrics
• Empirical Finance and Investment
• Innovation and Entrepreneurship
• Business Statistics

Journal Articles (Refereed)

1. “A Smooth Test of the Equality of Distributions,”(with Anil K. Bera and Zhijie Xiao), Econometric Theory , 29 (2), pp. 419-446 (2013)
2. “Fractile Graphical Analysis in Finance: A New Perspective,” (Joint with Anil K. Bera), Journal of Risk and Financial Management, Vol: 29, Sep (2022)
3. “Inflation Expectations In Singapore: A Behavioural Approach,” (Joint with A. Clark and S. Hanes), Macroeconomic Review. XVII, (1), 89-98 (2018)
4. Managing Complexity and Covid 19: Life, Liberty or The Pursuit of Happiness. Co-Edited Volume joint with A. Haldar and K. Bhaumik. Taylor and Francis, London, 2022
5. “Strategy and Financial Inclusion: Is Life or Livelihood a false Choice?” In: Managing Complexity and Covid 19: Life, Liberty or The Pursuit of Happiness. Eds. A. Ghosh, A. Haldar and K. Bhaumik, Taylor and Francis, UK, 2022
6. “The Global Pandemic and Management Education: Is Management Education a Valuable Long-Lived Financial Asset?” (with H. Thomas) In: Managing Complexity and Covid 19: Life, Liberty or The Pursuit of Happiness. Eds. A. Ghosh, A. Haldar and K. Bhaumik, Taylor and Francis, UK, 2022

Business Cases Studies

1. ASA Philippines: Making financial inclusion possible, by GHOSH, Aurobindo; CHAN, Chi Wei. (2024) SMU-24-0012. https://hbsp.harvard.edu/product/115SMU-PDF-ENG?Ntt=asa%20philippines
2. The Covid-19 Crisis in Thailand: Charting a Safe and Sustainable Path to Recovery, by GHOSH, A., LIM, W-K, HALDAR, A., BHAUMIK, K., SMU (2020). SMU-20-0041. https://hbsp.harvard.edu/product/SMU910-PDF-ENG?Ntt=Charting+a+Safe&itemFindingMethod=Search
3. iCare benefits: Assisting low income retail consumers in Vietnam Part A & B, by THOMAS, Howard; GHOSH, Aurobindo; CHAN, Chi Wei. (2019). SMU-18-0031. https://cmp.smu.edu.sg/case/3836 (Published)