Saurav Roychoudhury | Capital University, Columbus Ohio
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  • Saurav Roychoudhury, Ph.D., FRM

    Professor of Finance & Economics

    Saurav Roychoudhury
    Contact

    Business
    Troutman Hall
    227

    (614) 236-7230
    sroychou@capital.edu

    • Biography

      Dr. Saurav Roychoudhury is a Professor of Finance and Economics at Capital University. He earned his Ph.D. in economics with a specialization in finance from the College of Business and Economics at West Virginia University in 2006. Prior to that, he worked at the Industrial Investment Bank of India and as a research officer in the Department of Economic Analysis and Policy at the Reserve Bank of India. He earned a master's degree in economics from the prestigious Jawaharlal Nehru University in India and an MBA from ICFAI Business School, India. He also holds a Chartered Financial Analyst (CFA) charter from the Institute of Chartered Financial Analysts of India and Financial Risk Manager (FRM) certification from the Global Association of Risk Professionals.

      His expertise is in corporate finance, governance, data analytics, investments and risk management. Dr. Roychoudhury has presented his research findings at several national and international academic conferences. He has published in various peer-reviewed journals, has authored a book and written multiple book chapters. He won the best doctoral teaching award while he was a Ph.D. student at West Virginia University 2005 and the best paper award in Finance in the American Business research conference in 2012. He has written multiple peer-reviewed modules on using MS Excel in computational finance through an NSF grant for which he was a co-PI. He is an advocate for undergraduate research and enjoys mentoring students. He has refereed for several journals and is a member of the editorial board of few international journals. His research findings have been mentioned in The Economist, Slate, and the Bloomberg Businessweek. He was a visiting research scientist at the Indian Statistical Institute, India, during his sabbatical in 2013-14. He has been engaged in consulting for few start-ups as well fortune 500 companies like Mercedes Benz, USA. He has served as a senator at Capital University and currently serves on the University Budget and Planning, Faculty Evaluation and Retirement Planning committees.

       

    • Degrees Earned

      Ph.D., College of Business & Economics, West Virginia University
      Financial Risk Manager (FRM), Global Association of Risk Professionals
      Chartered Financial Analyst (CFA), Institute of Chartered Financial Analysts of India
      MBA (Finance and IT), IBS, India, 2000
      Master's degree in economics, Jawaharlal Nehru University in New Delhi, India

    • Classes

      Undergraduate
      Finance (traditional and Hybrid Offering)
      Investments; Corporate Finance
      Financial Institutions, Markets & Risk Econometrics.
      Introduction to Political Economy (Economics)

      MBA
      Financial Management 
      Financial Modeling with Excel
      Quantitative and Analytical Methods

    • Publications

      Selected Publications

      • Teaching Value at Risk Using Excel®’, forthcoming in Journal of Economics and Finance Education.
      • ‘Creating Optimal Portfolio and the Efficient Frontier Using Microsoft Excel®’, 2018, Journal of Quantitative Methods, 2(2).
      • ‘State Economic Performance and Effective Tax Rates’ (with Pavel A. Yakovlev), 2017, Journal of Emerging Issues in Economics, Finance and Banking 6(2), pp. 2350-65.
      • ‘Overconfidence and Disposition effect in Indian Equity Market’ (with Prasad, Kapoor, and Sengupta), 2017, Global Business Review 19(5).
      • 'Do Travel Visa Requirements Impede Tourist Travel?' (with Robert A. Lawson), 2016, Journal of Economics and Finance 39(4), pp. 817-12.
      • ‘Were Bank CEOs’ overpaid?’ (with S. T. Malone), 2012, Journal of Business and Policy Research 7(4), pp. 30-39.
      • ‘Economic Freedom and Sovereign Credit Ratings and Default Risk.’ (with Robert A. Lawson), 2010, Journal of Financial Economic Policy 2(2), pp. 149-162.
      • ‘IPO Performance and Corporate Governance: Evidence from the US Stock Market.’ (with A. V. Egorov), 2009, International Journal of Global Business and Economics 2(2), pp. 202-216.
      • ‘Corporate Innovation and Corporate Governance: A Study of U.S. Firms' (with A. V. Egorov), 2009, Corporate Ownership and Control 6(3), pp. 342-359.
      • ‘Economic Freedom and Equity Prices among the U.S. States.’ (with Robert A. Lawson), 2008, The Credit and Financial Management Review 14(4), pp. 33-46.
        Book and Book Chapters
         
        1. Chapter 2: "Innovation and Regulation: An Inverted-u Relationship?," in Globalisation And Development: Perspectives And Policies, Gyan Publishing House, ISBN:9788121215633, May 2019. 
        2. Chapter 2: “Creating the Environment for Entrepreneurship through Economic Freedom,” with Robert Lawson and Joshua Hall, in Public Policy, Productive and Unproductive Entrepreneurship: the impact of Public Policy on entrepreneurial outcomes, Elgar Publishing, ISBN: 9781781005804, February 2017. 
        3. Chapter 3: “Entrepreneurship, Migration and Public Policy,” with Pavel Yakovlev, in Public Policy, Productive and Unproductive Entrepreneurship: the impact of Public Policy on entrepreneurial outcomes, Elgar Publishing, ISBN: 9781781005804, February 2017.
        4. Initial Public Offerings, Liquidity, and Corporate Governance, Lambert Academic Publishing, ISBN-10: 3838318420, 2009.
         
        Other Publications
        • 'The Economic Gains from Eliminating US Travel Visas,' (with R. A. Lawson and R. Murphy), 2014, Economic Development Bulletin, 19.
        • 'Estimating Risk-Adjusted Returns,' 2011, Development and Dissemination of Computational Science Educational Materials, NSF computational science module, Vol (3)
        • 'Likelihood of Loss and the Value at Risk,'2010, Development and Dissemination of Computational Science Educational Materials, NSF computational science module, Vol (2)
        • 'Allocation of investment portfolios along the efficient frontier,' 2007, Development and Dissemination of Computational Science Educational Materials, NSF computational science module, Vol (1)