Faculty Profile

Dr. Hilal Anwar Butt

Professor, Program Director MBA & Executive MBA, Editor IBA Business Review and Research Fellow-CBER

Department: Finance

Specialization: Finance

Onboard Status: Available

Email: habutt@iba.edu.pk


Work Experience

  • Professor, Program Director MBA & Executive MBA, Editor IBA Business Review and Research Fellow-CBER at Institute of Business Administration, Karachi (Jan-2023 to PRESENT)
  • Professor, Editor IBA Business Review and Research Fellow-CBER at Institute of Business Administration, Karachi (Mar-2021 to Dec-2022)
  • Associate Professor, Editor IBA Business Review and Research Fellow-CBER at Institute of Business Administration, Karachi (Sep-2020 to Mar-2021)
  • Associate Professor and Research Fellow-CBER at Institute of Business Administration, Karachi (Oct-2019 to Sep-2020)
  • Assistant Professor and Research Fellow-CBER at Institute of Business Administration, Karachi (Jul-2015 to Oct-2019)
  • Assistant Professor at NUST Business School, Islamabad (Jul-2014 to Jun-2015)
  • Assistant Professor Assistant Professor, Hanken School of Economics, Department of Finance and Statistics, April 2013-July 2013 at Hanken School of Economics (Apr-2013 to Jul-2013)
  • Assistant General Manager at Pakistan Electronic Media Regulatory Authority (Jan-2003 to Jan-2005)
  • Junior Executive (HR) at Securities and Exchange Commission of Pakistan (May-2001 to Dec-2002)

Academic Qualification

  • PhD (Finance), Hanken School of Economics - 2013
  • MSc (Finance), Hanken School of Economics - 2006
  • MPA (Finance), Quaid-i-Azam University, Islamabad - 2000

Research Interests

  • Finance

Courses Taught

  • ADVANCED PORTFOLIO MANAGEMENT
  • EXPERIENTIAL LEARNING PROGRAM (ELP)
  • EMPIRICAL ASSET PRICING
  • FINANCIAL MANAGEMENT
  • FINANCIAL MODELING
  • FIXED INCOME INVESTMENTS
  • FINANCIAL ANALYSIS SOFTWARES 1: EXCEL AND VBA
  • INVESTMENTS
  • MBA EXECUTIVE RESEARCH PROJECT I
  • MBA PROJECT (PART-1)
  • MBA PROJECT (PART-2)
  • MS IBF PROJECT
  • MS THESIS
  • PORTFOLIO MANAGEMENT
  • SEMINAR IN FINANCE
  • SEMINAR IN FINANCE

Research Output


Journal Publication(s)

  • Dr. Hilal Anwar Butt, Kenneth Hogholm, Mohsin Sadaqat ,"Reversal Returns and Expected Returns from Liquidity Provision: Evidence from Emerging Markets",Journal of Multinational Financial Management,Mar 01, 2021,Netherlands,
  • Dr. Hilal Anwar Butt, James W. Kolari, Mohsin Sadaqat ,"Revisiting Momentum Profits in Emerging Markets",Pacific Basin Finance Journal,Feb 01, 2021,Netherlands,
  • Dr. Hilal Anwar Butt, Nader Shehzad Virk ,"Momentum Crashes and Variations to Market Liquidity",International Journal of Finance and Economics,Aug 21, 2020,United States,
  • Dr. Hilal Anwar Butt, Mohsin Sadaqat ,"The Pricing of Firm-specific Risk in Emerging Markets",Journal of Investment Strategies,Dec 31, 2019,,
  • Dr. Hilal Anwar Butt, Mohsin Sadaqat ,"Performance of Sharia Based Investment: Evidence from Pakistani Listed Firms",Business & Economic Review,Nov 04, 2019,Pakistan,
  • Dr. Hilal Anwar Butt, Dr. Mohsin Sadaqat ,"The Reversal Strategy: A Test Case for an Emerging Market",IBA Business Review,May 31, 2019,Pakistan,
  • Dr. Hilal Anwar Butt, Kenneth Hogholm ,"The impact of illiquidity risk for the Nordic markets",Spanish Journal of Finance and Accounting-Revista Española de Financiación y Contabilidad,Dec 27, 2018,England,Abingdon
  • Dr. Hilal Anwar Butt, Dr Nader Virk ,"Market Downturns, Zero Investment Strategies and Systematic Liquidity Risk",Finance Research Letters,May 23, 2018,United States,
  • Dr. Hilal Anwar Butt, Ihsan Ullah Badshah, Muhammad Tahir Suleman ,"Illusory Nature of Pricing of Illiquidity Effect: The Test Case of Australian Stock Market",Journal of Finance & Economics Research,Oct 29, 2017,Pakistan,KARACHI
  • Mohsin Sadaqat, Dr. Hilal Anwar Butt ,"Role of Liquidity in Explaining Anomalous Returns: Evidence from Emerging Market",Business and Economic Review,Sep 30, 2017,Pakistan,Peshawar
  • Mohsin Sadaqat, Dr. Hilal Anwar Butt ,"Does Volatility Scaling Improve the Performance of Momentum Strategies in Pakistan Stock Exchange?",IBA Business Review,Jun 30, 2017,Pakistan,KARACHI
  • Mohsin Sadaqat, Dr. Hilal Anwar Butt ,"Modeling Sentiment, Temporal Volatility and Excess Returns: Empirical Evidence from Segmented Stock Market",Journal of Business & Economics,Dec 01, 2016,Pakistan,
  • Dr. Hilal Anwar Butt, Nader Shahzad Virk ,"Momentum Profits and Time Varying Illiquidity Effect",Finance Research Letters,Oct 21, 2016,United States,
  • Nader Shahzad Virk, Dr. Hilal Anwar Butt ,"Specification Errors of Asset-Pricing Models for a Market Characterized by Few Large Capitalization Firms",Journal of Economics and Finance,Jan 01, 2016,United States,
  • Dr. Hilal Anwar Butt, Nader Shahzad Virk ,"Liquidity and Asset Pricing: An Empirical Investigation of the Nordic Stock Markets",European Financial Management,Sep 17, 2015,United Kingdom,
  • Dr. Hilal Anwar Butt ,"A Comparison among Various Dimensions of Illiquidity Effect: A Case Study of Finland",Research in International Business and Finance,Jan 20, 2015,Netherlands Antilles,

Case(s)


    Book(s)


      Conference(s)

      • Dr. Hilal Anwar Butt, Mohsin Sadaqat ,"Investment Horizon Related Momentum in Volatility Scaled Momentum Strategies",Twenty-Fifth Annual Conference Multinational Finance Society,Jun 24, 2018,Greece,Macedonia
      • Falik Shear, Dr. Hilal Anwar Butt ,"Relationship between Stock and the Sovereign CDs Markets: A Panel VAR Based Analysis",South Asian Journal of Management Sciences,Aug 24, 2017,Pakistan,KARACHI
      • Dr. Hilal Anwar Butt, Nader Shahzad Virk ,"Time Variation in Liquidity, DMS and Asset Pricing Models",24th Annual Conference, Multinational Finance Society,Jun 28, 2017,Romania,Bucharest
      • Dr. Hilal Anwar Butt, Ihsan Badshah, Muhemmad Tahir ,"Illusory Nature of Pricing of Illiquidity Effect: The Test Case of Australian Stock Market",23rd Annual Conference of the Multinational Finance Society,Jun 26, 2016,Sweden,Stockholm

      Other(s)


        Projects

        • Liquidity Pricing Across the Global Markets Principal Investigator (s): Dr. Hilal Anwer Butt RFPC Funded Project






        
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