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Raisul Islam, P.hD.

Applied Economics/ Empirical Finance-

RegTech, SupTech, FinTech

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My research focus is identifying, modelling and predicting systemic risk and systemic crisis underlying financial networks. I propose real-life risk management and mitigation applying new and novel approaches that combine both econometrics and machine learning. 

 

 

My areas of expertise include portfolio risk management, crisis prediction, crisis mapping, network investigation, sentimental analysis and other areas in applied finance and economics. I am a doctor of learning, expert innovator.

 

I demonstrate qualities including critical thinking, decision making, team management, leadership, problem-solving, time management, communication, public speaking, and conflict resolution. I also demonstrate expertise in data extraction, transformation and management. I aim to solve real-life problems and answer long-standing questions.

Awards

( 01 )

Awards & Scholarships

Korean institute for International Economic Policy (KIEP) 2014 honorarium

2014

Korean institute for International Economic Policy (KIEP) 2014 honorarium recipient of KRW 2.5 mil for the published  paper A comparison of the long-term interdependence of Southeast Asian equity markets”  published in Journal of East Asian Economic Integration.

TSBE Postgraduate Research Scholarship

2015-2020

Tasmanian School of Business and Economics International Postgraduate Research Scholarship (TSBIPRS) covering both PhD tuition fees and living allowances, research, publication and conference related costs during candidature.

Research Recognition

2018

In the 2018 systematic review of Seth Panda, “Financial Contagion: a  review of empirical literature”, published in the Qualitative Research in Financial Markets journal, presented a country wise classification and cited only my papers as representative from my country of origin, in the field of contagion.

Professional

North South University research grant for fiscal year 2012-2013.

Education

Tasmanian school of business and economics , university of tasmania

tasmania, australia

2009

Bachelor of Business Administration (BBA)

2008

( 02 )

Education

Doctor of Philosophy (Ph.D)

Empirical Finance/ Applied Economics

2020

Investigation and prediction of Systemic crisis patterns corresponding to information transmission in equity markets, detection of contagious markets (Thesis under Review)

Supervision: Prof Mardi Dungey, Dr. Vladimir Volkov, Dr. Mala Raghavan

Master of Science (Ms.c.)

Money, Banking and Finance

University of birmingham

department of economic

Birmingham, UK

Thesis submitted: Trade Liberalization and De Novo hypothesis in the context of Bangladesh

Supervision: Prof Robert Elliott

 

North south university

school of business

Dhaka, bangladesh

Employment

( 03 )

Employment

Academic and Administrative Experience

Snap Innovation Australia

Algorithmic Trdaer 

2020

Managing company funds in the digital currency market while using trading platforms such as Trading View pro or Autoview, Python, Jupyter notebook, etc. Here, I am improving trading algorithms and combining with backtesting scripts ensuring profitable positions are taken. I am proposing novel indicators adding value to trading strategies as I liaise with quant developers building these new techniques into the trading platform. 

 

University of Tasmania

Lecturer 

2019

I conducted solution classes for Corporate Finance course.

I invigilated and helped assessing student exams. I submitted the final scores for review to department and published results.

 

University of Tasmania

Lecturer and Unit Coordinator

2018

I taught Quantitative Analysis in Economics course, which was offered to Bachelor of Economics students as a mandatory course and as an open elective to others.

I conducted solution classes corresponding to this course.

I planned, prepared and delivered course contents. 

I invigilated and assessed student exams. I submitted the final scores for review to department and published results.

University of Tasmania

Casual Academic

2018

I marked student projects for Health Economics  course. I submitted the final scores for review to course administrator.

 

North South University, Bangladesh

Lecturer

2010-2013

I taught Working Capital Management, Financial Markets and Institutions, Applied Business Statistics courses, which were offered to Bachelor of Business Administration students as a mandatory and elective course.

I planned, prepared and delivered course contents. 

I invigilated and assessed student exams. I marked exams and published results.

I also supervised several thesis and internship reports of undergraduate students at the business school.

I participated in organizing and marking undergraduate admission tests in 2011, 2012.

I also played crucial roles in organizing events including the first Social Business forum 2012, Career Fair 2011, 2012. 

 

Jahangirnagar University, Bangladesh

Casual Lecturer

2014

I instructed Financial Product Marketing course, which was offered to Bachelor of Marketing students as a mandatory course.

 

ASA University, Bangladesh

Casual Lecturer

2014

I instructed Advanced Portfolio Management and Investment Theory course, which was offered to Masters of Business Administration students as a mandatory course.

 

Internship in the financial planning department of cairn energy plc, dhaka from january 2008 till june 2008

Publications
Working Papers

( 04 )

Publications

Pacific Basin Finance Journal                                2020

Dungey, Mardi, Raisul Islam, and Vladimir Volkov. "Crisis transmission: visualizing vulnerability." Pacific-Basin Finance Journal 59 (2020): 101255.

East Asian Economic Review                                 2014

Islam, Raisul. "A comparison of the long term interdependence of Southeast Asian equity markets." Journal of East Asian Economic Integration 18.2 (2014): 187-212.

International Journal of Economics and Finance   2014

Islam, Raisul, M. Talhatul Islam, and Abdul Hannan Chowdhury. "Testing for global volatility spillover, financial contagion and structural break in fifteen economies from two regions: a diagonal VECH matrix and EGARCH (1, 1) approach." International Journal of Economics and Finance 5.5 (2013): 159-170.

Journal of Applied Business and Economics          2014

Islam, Raisul. "Comparing financial contagion and volatility spill over and structural break within major Asian economies pre and post global recession to that of Asian crisis." Journal of Applied Business and Economics 16.4 (2014): 92-111.

( 05 )

Working Papers

Contagion or Interdependence? Comparing Signed and Unsigned Spillovers – with Dr. Vladimir Volkov

Abstract: We differentiate `good' from `bad' interconnectedness by showing how signed spillover measures capture additional information comparing to the unsigned spillovers. Further, we propose signed realized volatility estimates to identify contagious markets and simply interdependent markets.

Calm Before the Storm- An Early Warning Approach – with Dr. Vladimir Volkov

Abstract: We develop a means of visualizing vulnerability of complex systems of financial interactions resulting from changing risk tolerance of agents constructing these complex systems, and as such contributing in the buildup of vulnerability in crisis and in calm periods. We show how both time varying risk tolerance and spillover indices can be translated into two-dimensional information transmission and crisis transmission maps respectively. Taken together, the information transmission maps have the advantage of proposing predictions to potential crisis transmission pathways in the crisis transmission maps.

Conference Presentation

( 06 )

Conference presentations

3rd Sydney Banking and Financial Stability Seminar, University of Sydney, Australia

13 november 2018

Presenting and defending critical review of  research titled Contagion or Interdependence: Comparing Signed and Unsigned Spillovers.

FIRN (Finance Research Network) PHD symposium, University of Queensland

13- 14 December 2019

Presenting and defending critical review of  research titled Systemic Risk: Visualizing Vulnerability

3MT Poster Presentation at the 12th Annual Graduate Research Conference, University of Tasmania

6-7 september 2018

3 minute poster presentation and defending critical review of  research titled Systemic Risk Networks in Financial Markets

Paper Reviews

( 07 )

Paper reviews

Journal articles reviewed for

The Singapore Economic Review

Applied Economics

The European Journal of Comparative Economics

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