Dr. Suborna Barua :: Faculty Profile

Biography

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Dr. Suborna Barua is a full Professor of Finance at the Department of International Business, University of Dhaka. He obtained a PhD in climate finance from Federation University Australia and a BBA and MBA degree in finance from the University of Dhaka, Bangladesh. Before joining the Department, Prof. Barua taught full-time at Jagannath University and United International University, as a Sessional Lecturer at Federation University Australia, and worked as a Research Associate at the Institute of Inclusive Finance and Development (InM) - funded by DFID-UK. Alongside full-time teaching, he taught at Monash University and Federation University in Australia as a Sessional Lecturer from 2016 to 2019 and served as a Research Fellow (part-time) at the Bangladesh Institute of Capital Market, Ministry of Finance, Government of Bangladesh, from 2021 to 2023. As a climate finance and economics expert, he serves on different government committees, primarily related to climate finance. Prof. Barua is a sitting member of the Technical Committee for Climate Finance Proposal Evaluation at the Ministry of Finance, Government of Bangladesh.

Prof. Barua is a professional trainer on climate finance, sustainable finance and investment, financial technology, financial data analytics, and financial markets. Furthermore, he has served in financial and management advisory and consulting roles at more than ten financial institutions operating in Bangladesh's money and capital markets. He has led and contributed to over 20 international and domestic public and private sector research and policy projects for the Government of Bangladesh, GIZ, BRAC-C3R, IWM, WFP, Oxfam Bangladesh, the World Bank, ADB, UNDP, Plan International, FCDO-UK (former DFID-UK), and the University of Oxford, covering topics in climate finance, impact investment, ESG, SME and microenterprise finance, energy transition, and environmental quality. He served as a Climate Finance Consultant for GIZ Bangladesh and supported the Economic Relations Division to establish the International Climate Finance Cell of the country.

Prof. Barua regularly delivers invited talks locally and internationally, with his previous deliveries including at the Ministry of Finance - GoB, Bangladesh Bank, Bangladesh Institute of Bank Management, the Smith School of Enterprise and Development, the University of Oxford, and the SEEFAR (Shift for Ecology, Economics, Finance and Accounting Research) center at the Kedge Business School on climate and sustainable finance. He has attended and presented at over twenty international and national conferences relevant to his work. He contributed to the negotiations in COP29 as a Bangladesh government delegate at Baku in 2024.

Prof. Barua’s portfolio includes a book titled Principles of Green Banking: Managing Environmental Risk and Sustainability, published by De Gruyter (2020) - a leading resource globally on sustainable banking. He has also authored several book chapters and over forty articles in highly-ranked and high-impact factor journals covering topics connecting climate change, energy, sustainability, circular economy, and SME and microenterprise finance. He is an Academic Editor for PLOS Climate and an Associate Editor for SN Business & Economics (Springer Nature). He is a former managing editor for the Journal of Financial Markets and Governance. His current research interests include finance, environment, sustainable development, and machine learning and artificial intelligence applications in sustainability.

A complete list of publications and associated citations statistics of Professor Suborna Barua is available at: https://scholar.google.com/citations?user=ghnoKpAAAAAJ&hl=en

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Degree Name	Group/Major Subject	Board/Institute	Country	Passing Year
Ph.D.	Finance and Economics	Federation University Australia	Australia	2020
Masters	Finance	University of Dhaka	Bangladesh	2007
Bachelor	Finance	University of Dhaka	Bangladesh	2005

Title	Organization	Location	From Date	To Date
Sessional Lecturer	Federation University Australia	Victoria, Australia	Feb 2016	Dec 2018
Assistant Professor, Department of International Business	University of Dhaka	Dhaka, Bangladesh	Apr 2012	Sep 2020
Lecturer, Department of Finance	Jagannath University	Dhaka, Bangladesh	Sep 2010	Mar 2012
Lecturer and Senior Lecturer in Finance	United International University	Dhaka, Bangladesh	Feb 2009	Aug 2010
Research Associate	Institute for Inclusive Finance and Development	Dhaka, Bangladesh	Oct 2006	Jan 2009

Research Interest

Subject	Description	Research Interest (Goal, Target Indicator)
Financial Technology	Machine learning and AI application in Finance and Economics
Investment	Climate impacts on FDI flows, FDI and macroeconomy interaction
Trade	Climate impacts on trade flows, trade implications of One Belt One Road initiative
Environment	Corporate environmental performance
Finance	Financial markets, development, and environment

Project/Research Supervision

Level of Study	Title	Supervisor	Co-Supervisor(s)	Name of Student(s)	Area of Research	Current Completion
Ph.D.	Economic and Firm-Specific Factors and Common Stock Performance of Commercial Banks of Bangladesh: The Moderating Role of Financial Technology	Professor Dr. Md. Aminul Islam, Universiti Malaysia Perlis	Professor Suborna Barua, PhD, University of Dhaka	Rubaiyat Shaimom Chowdhury		Current Year
Ph.D.	The rise of Financial Technology: An evaluation of its risk, investment, and credit market implications	Dr Suborna Barua		Uttam Golder		Current Year
M.Phil	The measurement of corporate environmental impacts and its determinants in Bangladesh	Dr Suborna Barua	Dr. Shobod Deba Nath	Farzana Arshi	Measruing the environmental performance of firms in Bangladesh and exploring the factors that drive the performance.	Current Year
Masters	100 Economic Zones Program of Bangladesh Government: Can It Really Yield Enough Foreign Direct Investments?	Suborna Barua	N/A	Nayeem Hasan	International Investment	2020
Masters	Internationalization of E-commerce Firms: A Comparative Analysis between Global and Local Ventures	Suborna Barua	N/A	Turjo Mazumder	Internationalization of Firms	2019
Masters	An Evaluation of Payment Systems in Bangladesh Automated Clearing House (BACH) and National Payment Switch Bangladesh (NPSB)	Suborna Barua	N/A	Mohammad Abdullah	Financial Technology (FinTech)	2019
Masters	A Comparative Analysis of Economic and Financial Indicators of Asian Countries Participating in the Chinese Belt and Road Initiative (BRI)	Suborna Barua	N/A	Mahdi H. Adnan	International economics	2019
Masters	Firm-level impacts of International Merger and Acquisitions: Cases in Bangladesh	Suborna Barua	N/A	Dilshad Maliha	International investment	2019
Masters	The Impacts of Govenrment Supports on Sectoral Exports of Bangladesh	Suborna Barua	N/A	Md Sazzad Hossain	International trade	2019
Masters	Assessing the Firm-level Impacts of International Borrowing in Bangladesh	Suborna Barua	N/A	Jannat Ara	International finance	2019
Masters	The Impacts of Non-tarriff Barriers (SPS, TBT, and Environmental Conditions) on Sectoral Exports of Bangladesh	Suborna Barua	N/A	Khaza Mynuddin	International trade	2019

Project/Research Work

Subject	Project Name	Source of Fund	From Date	To Date	Collaboration
Leather Sector Competition	Leather and Leather Goods Sector Market Study	Bangladesh Competition Commission, Ministry of Commerce, Government of Bangladesh	01-04-2021	30-09-2021	Dobey International
Health Sector Competition	Healthcare Sector Market Study	Bangladesh Competition Commission, Ministry of Commerce, Government of Bangladesh	01-04-2021	30-09-2021	Dobey International
Foreign Direct Investment	A Comprehensive Study on Attracting Foreign Direct Investment: Challenges and way forward	Bangladesh Investment Development Authority, the Prime Minister's Office, Government of Bangladesh	01-03-2021	31-08-2021	Dobey International
Firms, resource efficiency and the environment	Corporate Natural Resource Efficiency and Environmental Performance in Bangladesh: Measures, Evaluation, and Management for Sustainable Development	Institute of Advanced Research, United International University	16-08-2020	15-08-2022	Dr. Jamses Bakul Sarkar
The Economics of COVID-19 Pandemic	COVID-19 and Trade: Some Analytical Notes	Self	02-06-2020		N/A
COVID-19 and the Environment	Air quality impacts of the COVID-19 pandemic	Self	08-04-2020		N/A
COVID-19 Social Distancing	Analysis of the heterogeneity of social distancing across the world	Self	01-03-2020		N/A
The Economics of COVID-19 Pandemic	Coronanomics: The economic implications of the coronavirus pandemic	Self	01-01-2020		N/A
Trade and the Belt & Road Initiative	South Asia's Trade Potential with China through BRI	Self	01-02-2018	31-12-2019	OBOR Research Group
Informal Economy of Tobacco	Trade-off between the Informal Economy of Tobacco and Tobacco Control Policy in Bangladesh	Bangladesh Center for Communication Programs (BCCP)	01-01-2013	31-01-2013	N/A
Green Banking	Green Banking Policy and Practice in Bangladesh: Current Status and Required Measures	Department of International Business, University of Dhaka	01-01-2013	31-12-2013	Bangladesh Bank and Department of International Business, University of Dhaka
Microfinance	An Evaluation of Microfinance Program of Plan Bangladesh: Effectiveness and Efficiency to Reach the Extreme Poor	Plan Bangladesh	01-01-2010	31-12-2010	Institute of Microfinance
Microinsurance	Inventory Analysis of Microinsurance Products	United Nations Development Program (UNDP)	01-01-2009	31-12-2009	Institute of Microfinance
Poverty and Social safety net	Coping Strategies of the Poor in Greater Rangpur: What Matters Most?	Palli Karma Shahayak Foundation (PKSF)	01-01-2008	31-12-2008	Palli Karma Shahayak Foundation (PKSF) and Institute of Microfinance (InM)
Poverty and Social safety net	Impact of Social Safety Net on Reducing Vulnerability in Seasonal Deprivation in Bangladesh	Palli Karma Shahayak Foundation (PKSF)	01-01-2008	31-12-2008	Palli Karma Shahayak Foundation (PKSF) and Institute of Microfinance (InM)
Microfinance	Is Lending Interest Rate Too High? – Addressing the Interest Rate Issues of Microfinance Institutions in Bangladesh	Institute of Microfinance	01-01-2007	31-12-2007	Institute of Microfinance
Microfinance	Sustainability of Microfinance Institutions in Bangladesh	Institute of Microfinance	01-01-2007	31-12-2007	Institute of Microfinance

Invited Talk

SL	Invited Talk
1	- Invited Keynote Speaker on The Other Side of the Coin: Understanding the Social and Ethical Externalities of Financial Technology on 29 December 2021 at Finance Summit 2021 in the University of Kelaniya, Sri Lanka
2	- Invited speaker on 'Does a higher degree and cost of leverage worsen corporate environmental performance?' at Kedge Business School, France,19 November 2020.
3	- Invited Lecture on 'Circular Finance for Circular Economy' at the University of Oxford Smith School of Enterprise and the Environment, UK, 24 November 2020.

SL	Collaboration & Membership Name	Type	Membership Year	Expire Year
1	British Accounting and Finance Association (BAFA)	Professional	2025	2026
2	American Finance Association (AFA)	Professional	2018	2019
3	Project on Environmental Impacts of Corporations	Research collaboration with the University of Oxford academics	2017	2020
4	American Economic Association (AEA)	Professional	2018	2019
5	Financial Services Institute of Australia (FINSIA)	Professional	2019	2019
6	Australasian Agricultural and Resource Economics Society (AARES)	Professional	2018	2019
7	Young Scholars Initiative (YSI) - Institute for New Economic Thinking	Professional	2016	Life Time

Book
1	Barua, S. Handbook of Financial Markets in Bangladesh. Publisher contract in progress, 2021 (Forthcoming) .
2	Barua, S. Principles of Green Banking: Managing Environmental Risk and Sustainability. De Gruyter, 2020 . View More

Book Section
1	Barua, S. and Aziz, S. "Making green finance work for sustainable energy transition and development." Growth Nexus in Era of Globalization: New Directions and Future Prospects. Shahbaz, M., Tiwari, A., and Sinha, S. Elsevier (The Netherlands), 2020 (Forthcoming) .
2	Barua, S. "Green Growth, Energy Transition, and Sustainable Development: Are we on the right track?." Growth Nexus in Era of Globalization: New Directions and Future Prospects. Shahbaz, M., Tiwari, A., and Sinha, A. Elsevier (The Netherlands), 2020 (Forthcoming) .
3	Barua, S. and B. Barua "Internationalization of Bangladesh Banking Sector: Lessons from an Emerging Economy." Business and Management Practices in South Asia. Sikdar, Arijit, and Pereira, Vijay Palgrave Macmillan, 2019 75-100 .

Journal Article
1	Barua, B. and Barua, S. : COVID-19 implications for banks: evidence from an emerging economy, SN Business & Economics (impact factor:https://dx.doi.org/10.1007%2Fs43546-020-00013-w) , pp.1-19 , 2021 .
2	Barua, S. : Understanding Coronanomics: The Economic Implications of the Coronavirus (COVID-19) Outbreak, Journal of Developing Areas , 2020 (Forthcoming) .
3	Nathaniel, S., Barua, S., Hussain, H. and Adeleye, N. : The determinants and interrelationship of carbon emissions and economic growth in African economies: Fresh insights from static and dynamic models, Journal of Public Affairs , 2020 (Online early view) . View More
4	Chiesa, M. and S. Barua : The surge of impact borrowing: the magnitude and determinants of green bond supply and its heterogeneity across markets, Journal of Sustainable Finance & Investment , vol.9 , no.2 , pp.138-161 , 2019 .
5	Rahman, M. Mafizur, R.H. Rana and S. Barua : The Drivers of Economic Growth in South Asia: Evidence from a Dynamic System GMM approach, Journal of Economic Studies , vol.46 , no.4 , pp.Forthcoming , 2019 .
6	Barua, S. and M. Chiesa : Sustainable financing practices through Green Bonds: What affects the funding size?, Business Strategy and the Environment , vol.First published online: https://doi.org/10.1002/bse.2307 , 2019 .
7	Barua, S. : Financing sustainable development goals: A review of challenges and mitigation strategies, Business Strategy and Development , 2019 (Online Early View) . View More
8	Akter, H., S. Barua and K. Ahmed : The Dynamics of Informal Tobacco Economy: Evidence from Bangladesh, Social Science Review [The Dhaka University Studies Part D] , vol.35 , no.2 , pp.157-171 , 2018 .
9	Barua, S., D. Kar and F.B. Mahbub : Risks and their management in ready-made garment industry: Evidence from the world's second largest exporting nation, Journal of Business and Management , vol.24 , no.2 , pp.75-103 , 2018 .
10	Barua, B., S. Barua and R.H. Rana : Determining the Financial Performance of Non-Life Insurers: Static and Dynamic Panel Evidence from an Emerging Economy, The Journal of Developing Areas , vol.52 , no.3 , pp.153-168 , 2018 .
11	Barua, S., J. Nayeem and Hazertatunnessa : Economic Climate, Infrastructure and FDI: Global Evidence with New Dimensions, International Journal of Business and Economics, Vol. 16, No. 1, pp. , vol.16 , no.1 , pp.31-48 , 2017 .
12	Barua, S., T. Khan and B. Barua : Internationalization and Performance: Evidence from Bangladeshi Banks, The Journal of Developing Areas, Vol. 51, No. 2, pp. , vol.51 , no.2 , pp.105-118 , 2017 .
13	Rahman, S.M.M. and S. Barua : The Design and Adoption of Green Banking Framework for Environment Protection: Lessons from Bangladesh, Australian Journal of Sustainable Business and Society , vol.2 , no.1 , pp.1-19 , 2016 .
14	Akter, H. and S. Barua : International Trade Financing: A Comparative Study on the Performance of State-owned and Private Commercial Banks of Bangladesh, International Journal of Monetary Economics and Finance , vol.9 , no.2 , pp.164-186 , 2016 .
15	Rana, R.H. and S. Barua : Financial Development and Economic Growth: Evidence from A Panel Study on South Asian Countries, Asian Economic and Financial Review , vol.5 , no.10 , pp.1159-1173 , 2015 .
16	Barua, S., S. Arefin and M.R. Rahman : The Bangladesh Stock Market Crisis of 2010-11: An Economic and Socio- Behavioral Impact Assessment, Bangladesh Journal of Management Information Systems , vol.6 , no.2 , pp.75-88 , 2014 .
17	Barua, S. and R. Hasan : Regionalism: Contraction or Expansion of Globalization? The Case of North American Free Trade Agreement (NAFTA), Dhaka University Journal of Business Studies , vol.34 , no.3 , pp.155-196 , 2013 .
18	Hasan, R. and S. Barua : A Comparative Analysis of the Economic Growth of China and India: Implications for Bangladesh, The Social Science Review (The Dhaka University Studies, Part-D) , vol.30 , no.2 , 2013 .
19	Ahsan, S.M., M.A.B. Khalily, S.A. Hamid, S. Barua and S. Barua : The Microinsurance Market in Bangladesh: An Analytical Overview, The Bangladesh Development Studies , vol.36 , no.1 , pp.1-54 , 2013 .
20	Saha, N., S. Barua and Z.H. Talukder : Remittance Inflow through Banking Channel in Bangladesh: A Demand Side Evaluation, The Bangladesh Accountant , no.April – June , pp.38-46 , 2012 .
21	Deb, Santus K., S. Barua and M.A. Harun : Impact of IMC Tools on Consumer Preference: A Case of Bangladesh Cement Industry, Dhaka University Journal of Business Studies , vol.32 , no.1 , pp.213-238 , 2011 .
22	Barua, S. and S.D. Nath : The Impact of Credit Product Line Expansion and Growth on Profitability: Evidence from Bangladesh Banking Sector, Journal of Finance and Banking , vol.9 , no.1 , pp.29-45 , 2011 .
23	Barua, S., A.H.A.M. Mridha and R.H. Khan : Housing Real Estate Sector in Bangladesh Present Status and Policies Implications, ASA University Review , vol.4 , no.1 , pp.239-253 , 2010 .
24	Talukder, Z.H. and S. Barua : A Study on Determining Factor Influencing Segment Base of Mobile Internet Users in Bangladesh, Jagannath University Journal of Business Studies , vol.1 , no.1 , 2010 .
25	Khan, M.S. and S. Barua : The Status and Threats of Information Security in the Banking Sector of Bangladesh: Policies Required, Bangladesh Journal of Management and Information Systems , vol.1 , no.2 , pp.69-93 , 2009 .
26	Khan, R.H., A.H.A.M. Mridha and S. Barua : Higher Education in Private Universities of Bangladesh: A Study on Female Students’ Enrollment Behavior, Brac University Journal , vol.VI , no.2 , pp.33-48 , 2009 .
27	Chowdhury, A., S. Barua and S.P. Chowdhury : An empirical model for Optimal Deposit Contracts; Liquidity and Bank–Runs, IST Journal of Business and Technology , vol.1 , no.1 , pp.1-18 , 2009 .
28	Chowdhury, A. and S. Barua : Rationalities of Z-category Shares in Dhaka Stock Exchange: are they in financial Distress risk?, Brac University Journal , vol.VI , no.1 , pp.45-58 , 2009 .

Conference Proceedings
1	Barua, S. and E. Valenzuela "Climate Change Impacts on Global Agricultural Trade Patterns: Evidence from the Past 50 Years." 6th International Conference on Sustainable Development 2018 New York, USA: United Nations Sustainable Development Solutions Network and Columbia University, 2018 .
2	Barua, S. "Factors Influencing the Development of Microenterprises and Policies - Evidence from Bangladesh." 10th Biennial Conference on Entrepreneurship Development India: Entrepreneurship Development Institute of India, 2013 .
3	Barua, S. and A. Chowdhury "General Characteristics and Investment Determinants In Bangladesh Capital Markets: Evidence from Dhaka Stock Exchange." Proceedings (54th) of the International Conference on Business, Finance and Tourism Management France: 2009 .
4	Chowdhury, A. and S. Barua "Investors’ Confidence Index as an Investment Determinant In Dhaka Stock Exchange." Proceedings of the International Conference on Economics, Business Management and Marketing (EBMM) Singapore: 2009 .

Award Type	Title	Year	Country	Description
National	Research Excellence Award	2024		Awarded by the University of Dhaka.
National	Best Research Publication Award	2023	Bangladesh	Awarded by the University of Dhaka, Department of International Business.
National	Best Research Publication Award	2022	Bangladesh	Awarded by the University of Dhaka, Department of International Business.
National	Best Research Publications Award	2021	Bangladesh	Awarded by the University of Dhaka, Department of International Business.
National	Best Case Award	2021	Bangladesh	Best Case Award in 6th International Conference on Business and Economics, September 25-26, 2021, University of Dhaka, Bangladesh.
International	Best Paper Award	2018	Australia	Best HDR Paper Award for 2018 for publication in a top ABDC ranked journal.
International	International Postgraduate Research Scholarship (IPRS) and Australian Postgraduate Award (APA)	2015	Australia	IPRS and APA joint scholarship to undertake Higher Degree by Research.
National	Dean's Honor List	2007	Bangladesh	Named in the Dean's Honor list for outstanding academic result in the MBA program.

Name & designation Dr. Suborna Barua Professor ( Leave)

Department Department of International Business Faculty of Business Studies

Email subornobarua@gmail.com

Phone +880-2-9661900-ext (7840)