Sunil Poshakwale

Professor (Dr.) Sunil Poshakwale is a Professor of International Finance in the School of Management of Cranfield University, England since 2006. He is also an Adjunct Professor to the Graduate School of Business of the University of South Pacific, Fiji. As a former Director of Centre for Research in Finance, he led the development of high quality industry relevant research. He has published over 50 research papers in top finance journals and has presented over 60 papers in international conferences and seminars all over the world. He has successfully supervised many PhD and DBA students who work in prestigious universities and financial services both in the UK and worldwide. Sunil was named as the Best Professor of Financial Management by Asia’s Business School Awards and as one of the most influential ‘Management Gurus’ of Indian origin by Business India. He was named as one of the fifty top faces of Cranfield’s 50th anniversary celebrations. Professor Sunil Poshakwale has wide-ranging consulting experience in the area of international finance, investments and governance matters. He has served as finance expert on several projects of international banks and financial institutions. Professor Sunil Poshakwale’s industry led-research on ‘Quality of Corporate Governance and Firm Performance’ has been used by MAPFRE for launching a ‘Good Governance Fund’. His earlier work on ‘Gender Diversity’ was used by March Gestion Fondos in developing their investment strategies. His work on ‘Political Risk’ was extensively used by Atradius. He is currently developing research with an Emerging Market Focused Macro Hedge Fund. Well recognised for his finance expertise, he is regularly interviewed by print, radio and television media for his expert views on global finance. His views on global finance and economy are broadcast on the BBC World Service, TRT Television, and Sputnik International.

Professor Sunil Poshakwale is an expert in international finance and emerging markets. He has published extensively in top finance journals including Journal of Banking and Finance, Journal of International Money and Finance, International Financial Markets, Institutions and Money, Journal of Business Finance and Accounting, International Review of Financial Analysis, Review of Quantitative Finance & Accounting, Global Finance Journal, Research in International Business and Finance, and Applied Financial Economics. His work on the Emerging Chinese Financial Markets won the China Accounting and Finance Review, (CAFR) Best Research Paper Award. His work on portfolio flows in emerging markets was adjudged as the best paper in the Journal of Emerging Markets Finance by Sage. Professor Sunil Poshakwale has chaired special sessions and delivered key-note speeches in many international conferences. He serves on the editorial boards of several finance journals and regularly referees research papers for a number of high quality finance journals. Sunil has successfully supervised several PhD and DBA students. Sunil's research interests include corporate governance, investments, asset pricing, financial regulations, international finance & investments, and risk management. He serves on the editorial board of Global Finance Journal, and Research in International Business and Finance.

Professor Sunil Poshakwale has been a backbone of Cranfield’s growth in finance research and MSc programmes. As Director of Cranfield’s finance MSc programmes until 2016, he helped drive the School of Management into the top league of schools offering Financial Times ranked finance masters. He got the CFA recognised status for Cranfield and developed international partnership with Muscat University and student exchange programme with Freie University in Berlin.

Before joining Cranfield in 2006, Sunil held academic positions in a number of UK Business Schools; as a Professor of Finance in the University of Hull (2004-2006), as a Lecturer/Senior Lecturer in University of Birmingham (1998-2004), and as a Lecturer in the University of Kent (1997-1998). Before arriving in the UK, Sunil worked in the academia (Institute of Management Studies 1989-1994) and held a number of senior positions in the industry in India. He has received several prestigious international scholarships and awards including the Rotary International Scholarship-Argentina (1992), Euro-Asia Centre Scholarship from INSEAD (1993), Shastri Indo-Canadian Scholarship for pursuing research in Carleton University, Ottawa, Canada and the Commonwealth Scholarship to study for his PhD in Manchester Business School, Manchester University, UK. Being an alumnus, he has been a visiting Professor to the Manchester Business School’s Global MBA programme for the last 18 years and has delivered finance courses all over the world.

Research opportunities

I am interested in supervising PhD/DBA and collaborate on the following areas of research:

• Emerging markets
• International Finance
• International portfolio investments
• Corporate governance and Diversity of corporate boards
• Macro-economy and financial markets & corporate performance
• Derivatives and stock markets
• Volatility spillovers and comovements
• Market structure and liquidity
• Financial regulation
• Banking

Current activities

I am currently working on following projects:

• MiFID regulation and pricing efficiency
• Quality corporate governance, board composition, diversity and firm performance
• EU reporting and disclosure directives and bank risk taking
• Macroeconomic uncertainty and firm performance
• Culture and bank performance & risk
• Fintech and financial inclusion

Books

• Poshakwale S & Mandal A (2020) Large-Sample Theory. In: Handbook of Financial Econometrics, Mathematics, Statistics, and Machine Learning, World Scientific, p. 3985-3999.
• Poshakwale S & Mandal A (2020) Large sample theory. In: Handbook of Financial Econometrics, Mathematics, Statistics and Machine Learning, London: World Scientific.
• Poshakwale S & Wood D (1998) Conditional variance and nonlinearity in the Polish emerging market. In: Emerging Capital Markets: Financial and Investment Issues. Choi J, Doukas J (ed.), Quorum Books, p. 205-224.
• Poshakwale S (1998) Market efficiency. In: The Blackwell Encyclopaedic Dictionary of Finance, p. 117-119.
• Poshakwale S & Wood D (1997) The impact of regulatory changes in the Indian stock market: An event study. In: Economic Liberalisation: Its Impact on Indian Economy, Business and Society. Titus V, Sundaram S, Kulkarni K (ed.), IL, USA: Association of Indian Economic Studies, p. 86-101.
• Poshakwale S & Wood D (1997) A recent evidence on return seasonalities in major stock market indices. In: Contemporary Developments in Finance. Topsacalian P (ed.), Paris: Groupe Sup de CO Montpellier, ESKA Editions, p. 81-92.
• Poshakwale S, Wood D & Dasgupta B (1996) Investigating the dynamics of Polish WIG-20. In: Modelling and Analysing Economies in Transition, p. 237-257.