Alle Rechte bei PROTEMA Unternehmensberatung GmbH, auch für den Fall von Schutzrechtsanmeldungen. Jede Verfügungsbefugnis, wie Kopier- und Weitergaberecht, bei PROTEMA Unternehmensberatung GmbH. Alovsat Muslumov Prof. Dr. (Finance) Born : 21.04.1976 Nakhchivan City www.muslumov.com [email protected] Education
Undergraduate: Istanbul University (Management)
MBA: Istanbul Technical University (Finance)
MBA Thesis: “The Causality Study of Stock Market Development and Economic Growth”, Advisor: Prof. Dr. Cudi Tuncer Gürsoy.
Ph.D.: Boğaziçi University (Finance)
Ph.D. Thesis: “The Financial Analysis of Mergers”, Advisor: Prof. Dr. Özer ErtunaLectures
Corporate Finance
Financial Management
Cases in Financial Management
Financial Markets and Institutions
Emerging Financial Markets
Investment Management
Portfolio Management
Investment Planning and FinancingHonors and Activities
The youngest associate professor and full professor ever in Turkey (Entitled to associate professorship position in 2003 at the age of 27; and entitled to full professorship position in 2008 at the age of 32)
Young Businessman Association of Turkey (TUGIAD) Prize for the best paper in 2003
Book: Exchange Rate Regimes and Effects on the Economy
Turkish Institutional Investment Managers’ Association (TKYD) Prize for the best paper in 2003
Book: The Role of Institutional Investors in Stock MarketDevelopment: The Case of OECD Countries.
Prof. Dr. Alovsat Muslumov
Central Banking
Commercial Banking
Financial Economics
Financial Mathematics
Applied Methods in Finance
Financial Econometrics
Research Methods
Financial Accounting
Management Accounting
Cost AccountingWork Experience Doğuş University, Istanbul
Department of Economics-Finance, 2001 – 2009 Boğaziçi University, School of Applied Sciences, 2003.
Istanbul Bilgi University, Department of Financial Mathematics, 2006 – 2010 Yeditepe University, Finance Ph.D. Program, 2006-2009 Azerbaijan State Economics University, Department of Management, 2010-
General Profile
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Languages
English, Russian, German, TurkishConsulting Activities
Yapi-Kredi Bank
Akbank
Vakıfbank
Dun & Bradstreet
NAB Group of CompaniesCurrent Responsibilites for Corporate Development Formulation and Development of Strategic Framework and Strategy Map Development and Implementation of Strategic Business Process Management Development and Implementation of Performance Management System Development and Implementation of Human Resource & Corporate Academy ERP Tool Selection and Implementation Project and Change Management Coaching, Moderation of Workshops, Trainings Current Workplace
Intersun (Group of companies including Azersun Holding), 2009 –
Member of Executive Board
Chief Finance Officer
Chairman of Intersun AcademiaCurrent Responsibilites for CFO Functions Operational Planning and Budgeting
Defining Policy & Standards for Finance, Accounting and Controlling Concept and Investment Evaluation Treasury Management Corporate Finance Mangement Accounting and Reporting Mangement Cost Accounting Current Responsibilites for Banking Development of Risk Management and Credit Scoring Models
Development of Commercial Bank Work Flow Systems
Asset & Liability Management Establishment of Central Operation System in Banks Core Banking System Selection and Implementation Banking Process Design and Reengineering Executive and Employee Development
Alle Rechte bei PROTEMA Unternehmensberatung GmbH, auch für den Fall von Schutzrechtsanmeldungen. Jede Verfügungsbefugnis, wie Kopier- und Weitergaberecht, bei PROTEMA Unternehmensberatung GmbH.
Books
Muslumov, A., Turkish SME’s in 21st Century: Problems, Opportunities, and Solutions, Literatur Publications, Istanbul, 2002. (in Turkish)
Muslumov, A., The Financial Analysis of Mergers, Capital Market Board, Ankara, 2003.
Aras, G. and Muslumov, A., The Role of Institutional Investors in Stock Market Development: The Case of OECD
Countries, Publications of Association of Institutional Investors Managers, Istanbul, 2003. (Turkish Institutional
Investment Managers’ Association (KYD) Prize for the best paper) (in Turkish)
Muslumov, A., Hasanov, M., and Ozyildirim, C., Exchange Rate Regimes and Effects on the Economy, Istanbul, 2003 (Turkish Institutional Investment Managers’ Association (KYD) Prize for the best paper in 2003) (in Turkish)
Chapters in Books
Muslumov, A. (2008) The Effects of Insider Trading on the Stock Price Volatility ın an Emerging Market Setting:
Evidence from Istanbul Stock Exchange, in Corporate Governance and Corporate Social Responsibility eds.
Crowther, D. and G. Aras, 59-68.
Muslumov, A. and F. Tatlıdil (2008) Impact of EU Accession Process to Turkish Small-Medium Sized Enterprises, in Advances in Entrepreneurship Research, ed. C. Veloutsou, Atiner Publications, pp. 269-284.
Muslumov, A. and G. Aras (2005) The Analysis of Factors Affecting Ethical Judgments: The Turkish Evidence, in Representation of Social Responsibility, Vol. 1, eds. Crowther, D. and R. Jatana, ICFAI University Press, 161-172.
Muslumov, A., G. Aras and B. Kurtuluş (2004) Evolving Market Efficiency in Istanbul Stock Exchange, in Istanbul
Technical University Selected Articles, edited by C.T. Gürsoy, İstanbul, 271-291.
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Professional Journal Articles
Muslumov, A., A. Yüksel, and A. Yüksel (2010) Pairs Trading with Turkish Stocks, Middle Eastern Finance and Economics, Vol. 7, 38-54. Muslumov, A., A. Yüksel, and A. Yüksel (2009) The Profitability of Pairs Trading in an Emerging Market Setting: Evidence from the Istanbul
Stock Exchange, Empirical Economics Letters, Vol. 8 (5), 1-6.
Muslumov, A. and E. Yılmaz (2008) “Full Deposit Insurance and Moral Hazard Problem: The Case of Turkish Banking System", Applied
Economics, 1-17.
Muslumov, A. (2005) "Does Privatization Lead To Improved Corporate Performance: The Case of Turkish Cement Industry”, METU Studies
in Development, Vol. 32 (1), 59-100.
Muslumov, A. and G. Aras (2005) “Institutional Investors and Stock Market Development: A Causality Study", ISE Review, Vol. 29, 1-14. Muslumov, A., G. Aras and C. Özyıldırım (2005) “Macroeconomic Stabilization Programs and Financial Performance of Small and Medium
Sized Enterprises in Turkey”, Journal of International Business and Entrepreneurship, Vol. 11 (1), 19-40.
Muslumov, A. (2005) “Full Deposit Insurance and Moral Hazard Problem: The Case of Turkish Banking System", Bogazici Journal -
Review of Social, Economic and Administrative Studies, Vol. 19 (1-2), p. 127-152.
Muslumov, A. and G. Aras (2004) “Asymmetric Information in Loan Markets and Effects on Banking System”, Iktisat, Isletme-Finans
Dergisi, Vol 222, 55-65. (in Turkish)
Muslumov, A. and G. Aras (2003) “Changing Role of Insurance Industry in Private Pension Fund Reform Process: Opportunities and Threats”, İstanbul Üniversitesi İktisat Fakültesi Dergisi, Vol. 53 (2), 37-56. (in Turkish)
Muslumov, A. and G. Aras (2002) “The Causality Relationship between Equity Markets Development and Economic Growth: Case of OECD Countries”, İktisat, İsletme-Finans Dergisi, Vol. 198, 90-100. (in Turkish)
Muslumov, A. and G. Aras (2002) “The Financial Approach to Hi-Tech Industries in Turkey”, Marmara Üniversitesi Öneri Dergisi, Vol. 18 (5), 13-20. (in Turkish)
Muslumov, A. (2002) ”Deposit Insurance System and Moral Hazard: The Case of Turkish Banking Industry”, Banka, Mali ve Ekonomik
Yorumlar Dergisi, Vol. 39 (8), 37-54. (in Turkish)
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Professional Journal Articles (Continued)
Muslumov, A. (2002) “The Financial Analysis of Postmerger Performance of Surviving Firms” Yapı Kredi Economic Review, Vol. 13 (1). Muslumov, A. (2001) “Premerger Discrimination between Acquirer and Targets”, Doğuş University Journal, Vol. 4, 71-90.
Muslumov, A. and A. Karataş (2001) “The Effects of the Asian Crisis on Turkish Manufacturing Industries: The Case of Textile, Food and Cement Industries”, Doğuş University Journal, Vol. 4, 91-104.
Gürsoy, C. T. and A. Muslumov (2000) “Stock Markets and Economic Growth: A Causality Test”, Doğuş University Journal, Vol. 2, 124-132.
Conference Proceedings
Muslumov A. (2007) "How Full Deposit Insurance Systems Weakens Market Discipline System: Moral Hazard Problem in Turkish Banking System", The 1st International Agency of Deposit Insurance Interregional Conference, Istanbul, TÜRKİYE.
Muslumov A. (2006) “Impact of EU Accession Process to Turkish Small-Medium Sized Enterprises”, 3rd International Conference on Small
and Medium Sized Enterprises, Lefkada, GREECE
Muslumov, A., G. Aras and C. Özyıldırım (2004) “Macroeconomic Stabilization Programs and Financial Performance of Small and Medium Sized Enterprises in Turkey”, An International Conference on Small and Medium Sized Enterprises in a Global Economy, Kuala Lumpur, MALAYSIA.
Muslumov, A. and G. Aras (2004) " The Analysis of Factors Affecting Ethical Judgments: The Turkish Evidence", International Conference
of the Global Business and Technology Association, Cape Town, SOUTH AFRICA.
Muslumov, A. (2003) "SMEs in Turkey: Opportunities and Challanges", International Seminar on Microenterprises, Le Cap d’Agde, FRANCE.
Muslumov, A. and C. Özyıldırım (2003) "The Effects of Exchange Rate Regime Choice on Economic Performance: The Case of Turkey",
International Business & Economics Research Conference, Las Vegas, Nevada, USA.
Muslumov, A. and A. Bayar (2003) "Short Term Capital Mobility and Financial Crises Under Asymetric Risk and Return Conditions", METU
International Conference in Economics VII, Ankara, TÜRKIYE.
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Conference Proceedings (continued)
Muslumov, A. and G. Aras. (2003) "The Sequential Causality among Institutional Investors, Stock Market Development and Economic Growth: The Case of OECD Countries", METU International Conference in Economics VII, Ankara, TÜRKIYE.
Muslumov, A. and G. Aras (2003) "Institutional Investors and Stock Market Development: A Causality Study", International Conference of
the Global Business and Technology Association, Budapest, HUNGARY.
Muslumov A. (2003) "Deposit Insurance, Market Discipline and Moral Hazard Problem: The Case of Turkish Banking System", 7th Spring
Meeting of Young Economists, Leuven, BELGIUM.
Muslumov, A., G. Aras and B. Kurtulus (2002) "Evolving Market Efficiency in Istanbul Stock Exchange", METU International Conference in
Economics VI, Ankara, TURKEY.
Ertuna, Ö., and A. Muslumov (2002) “The Financial and Operating Performance of Privatized Companies in Turkey”, 58th Congress of the
International Institute of Public Finance, Helsinki, FINLAND.
Muslumov, A., and G. Aras (2002) “The Causality Relationship Between Stock Market Development and Economic Growth: The Case of OECD Countries”, International Conference of the Global Business and Technology Association, Rome, ITALY.
Muslumov, A., and G. Aras (2002) “The Effects of the Macroeconomic Forces on the Performance of SME’s in Turkey”, SME's in a Global
Economy International Conference, University of Wollongong, Wollongong, AUSTRALIA.
Muslumov, A., and G. Aras (2002) “The Globalization, SMEs and Sustainable Development: The Evidence from Turkey”, International
Scientific Conference of Globalization and Sustainable Development, Varna Free University, Varna, BULGARIA.
Muslumov, A. (2005) “The Effects of Exchange Rate Regime Choice on Economic Performance: The Case of Turkey”, Koc University Faculty of Administrative Sciences and Economics Finance Seminar, June 6, 2005.
Muslumov, A., M. Hasanov and C. Özyıldırım (2004) “The Syndrome of Exchange Rate Based Stabilization Programs : The Case of Turkey”, İzmir Economics Congress, İzmir, Turkey.
Muslumov, A. and G. Aras (2003) “The Role of Institutional Investors in the Stock Market Development: The Case of EU Countries and Turkey”, VII. National Finance Conference, İstanbul , Turkey.
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Conference Proceedings (continued)
Muslumov, A. and G. Aras (2003) “Asymmetric Information Problem in Loan Markets”, 2. National Information and Economics Conference, Derbent , Turkey.
Muslumov, A. and G. Aras (2002) “The Analysis of Factors Affecting Ethical Judgments: The Turkish Evidence”, XXI. Conference of
Accounting Education, Bodrum , Turkey.
Muslumov A. (2002) “Money Markets, Economic Crises and Information: Evidence from Turkey”, 1. National Information and Economics
Conference, Hereke , Turkey.
Muslumov, A. and G. Aras (2002) “The Financial Approach to Hi-Tech Industries in Turkey”, Information Technologies Conference, Denizli , Turkey.
Muslumov, A. (2002) “The Importance of Equity Markets for SMEs”, Conference of SMEs in 21. Century, Gazi Magusa, Northern Cyprus.
Muslumov, A. and Kayacan M. (2002) “The Effects of Economic Crises on Public SMEs in Istanbul Stock Exchange”, Conference of SMEs
in 21. Century, Gazi Magusa, Northern Cyprus..
Muslumov, A. and G. Aras (2002) “Globalization Process and Turkish SMEs”, Conference of SMEs in 21. Century, Gazi Magusa, Northern Cyprus.
Muslumov, A.; M. Özkarabüber and H. Akbaş (2002) “The Financial And Operating Performance of Privatized SME’s In Turkey”,
Conference of SMEs in 21. Century, Gazi Magusa, Northern Cyprus.
Muslumov, A. (2001) “Macroeconomic Factors and Public SMEs: Evidence from Istanbul Stock Exchange”, 1st Middle Anatolia
Conference, Nevşehir, Turkey.
Working Papers
Muslumov, A. (2002) “The Measurement of the Market’s Reaction to Merger Announcements”, Doğuş Universtiy Working Papers. Muslumov, A. (2002) “Merger Announcements and Market Efficiency: Do Markets Predict Synergetic Gains from Mergers Properly?”,
Doğuş Universtiy Working Papers.
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2001 Fall
2002 Spring
Financial Management 1
2002 Fall
2003 Spring
2003 Summer
Financial Management 1 Cases in Financial Management Cost Accounting Financial Management 2 Investment Management Managerial Accounting Financial Management 2 Financial Management 1 Financial Management 1 Financial Markets &
Institutions Cost Accounting Investment Management Corporate Finance Financial Management 2 Portfolio Theory Financial Management 2 Managerial Accounting Cost Accounting
Investment Planning & Financing
Undergraduate
Undergraduate
in Turkish
in English
MBA
MBA
Ph.D.
Doğuş University, Istanbul
Lectures
Prof. Dr. Alovsat Muslumov
in Turkish
in English
Alle Rechte bei PROTEMA Unternehmensberatung GmbH, auch für den Fall von Schutzrechtsanmeldungen. Jede Verfügungsbefugnis, wie Kopier- und Weitergaberecht, bei PROTEMA Unternehmensberatung GmbH.
Lectures
Prof. Dr. Alovsat Muslumov
2003 Fall
2004 Spring
2004 Fall
2005 Spring
2005 Summer
Financial Management 1
Financial Management 1 Cases in Financial Management
Cost Accounting
Financial Management 2
Investment Management
Managerial Accounting
Financial Management 1
Financial Markets & Institutions Emerging Financial Markets Financial Management 2 Applied Financial Economics Financial Markets &
Institutions Emerging Financial
Markets
Cost Accounting
Financial Management Financial Markets &
Institutions Financial Markets &
Institutions Introduction to Finance Theory of Financial Economics Research Methods Financial Management 2 Commercial Banking
Financial Markets & Institutions
Financial Management 1
Doğuş University, Istanbul Boğaziçi University
Undergraduate
Undergraduate
in Turkish
in English
MBA
MBA
Ph.D.
in Turkish
in English
in English
Alle Rechte bei PROTEMA Unternehmensberatung GmbH, auch für den Fall von Schutzrechtsanmeldungen. Jede Verfügungsbefugnis, wie Kopier- und Weitergaberecht, bei PROTEMA Unternehmensberatung GmbH.
Lectures
Prof. Dr. Alovsat Muslumov
Doğuş University, Istanbul
Financial Management 1
Computational Methods in Finance Financial Management 2 Financial Management 1 Financial Management 1
Financial Markets & Institutions
Financial Accounting 2
Financial Markets & Institutions Financial Markets &
Institutions
Emerging Financial Markets Commercial Banking
Financial Accounting 2
Financial Markets & Institutions
Financial Management 2 Financial Markets & Institutions
Portfolio Theory Managerial Accounting Special Topics in Financial Mathematics
Managerial Accounting
Quantitative Methods in Finance and Accounting
2005 Fall
2006 Spring
2006 Summer
2006 Fall
2007 Spring
Istanbul Bilgi University Yeditepe University, Istanbul
Undergraduate
Undergraduate
in Turkish
in English
MBA
MBA
Ph.D.
in Turkish
in English
in English
Alle Rechte bei PROTEMA Unternehmensberatung GmbH, auch für den Fall von Schutzrechtsanmeldungen. Jede Verfügungsbefugnis, wie Kopier- und Weitergaberecht, bei PROTEMA Unternehmensberatung GmbH.
Lectures
Prof. Dr. Alovsat Muslumov
2007 Summer
2007 Fall
2008 Spring
2008 Summer
2008 Fall
Computational Methods in Finance
Financial Management 1 Financial Management 2 Financial Management 1 Financial Management 2
Computational Methods in Finance
Quantitative Methods in Finance and Accounting Financial Accounting 2
Managerial Accounting Financial Markets & Institutions
Cost Accounting Financial Markets &
Institutions Theory of Financial Economics Financial Management Investment Management Investment Management
Portfolio Theory and Investments Special Topcis in Corporate Finance
Theory of Investments & Portfolio Management
Financial Management 2
Financial Management 1 Financial Markets &
Institutions Portfolio Theory
Financial Management
Commercial Banking Quantitative Methods in
Finance and Accounting Theory of Capital Markets
and Institutions
Doğuş University, Istanbul Istanbul Bilgi University Yeditepe University, Istanbul
Undergraduate
Undergraduate
in Turkish
in English
MBA
MBA
Ph.D.
in Turkish
in English
in English
Alle Rechte bei PROTEMA Unternehmensberatung GmbH, auch für den Fall von Schutzrechtsanmeldungen. Jede Verfügungsbefugnis, wie Kopier- und Weitergaberecht, bei PROTEMA Unternehmensberatung GmbH.
Economics University, Baku Istanbul Bilgi University
Lectures
Prof. Dr. Alovsat Muslumov
Computational Methods in Finance
Financial Management 1 Financial Management 2 Financial Management 1
Financial Modellling
2009 Fall
2009 Spring
2010 Fall
2010 Spring
2011 Fall
Financial Management
Undergraduate
Undergraduate
in Turkish
in English
MBA
MBA
Ph.D.
in Turkish
in English
in English
Special Topics in Financial Marhematics Alle Rechte bei PROTEMA Unternehmensberatung GmbH, auch für den Fall von Schutzrechtsanmeldungen. Jede Verfügungsbefugnis, wie Kopier- und Weitergaberecht, bei PROTEMA Unternehmensberatung GmbH.
Economics University, Baku