Center of Excellence in Higher Education
The First Private University in Bangladesh

Mohammad Arman, PhD, FRM

Full Time Faculty
Assistant Professor 


MS & PhD, Purdue University, USA 
MBA, Institute of Business Administration (IBA), Dhaka
BSc in Civil Engineering, Bangladesh University of Engineering & Technology (BUET), Dhaka

Phone: +880-2-55668200 Ext: 1776
Email: mohammad.arman@northsouth.edu
Office: NAC 770

Curriculum Vitae

 
 
 

 

 
 

 

Dr. Arman joined SBE in August, 2014 as an Assistant Professor and since then he has been teaching undergraduate as well as graduate level courses on Finance, Business Statistics, and Business Mathematics. He served as the department Chair for a year (Aug 2014 - Sep 2015).

Dr. Arman completed his PhD and MS at Purdue University, IN where he conducted interdisciplinary research on managing risks in highway winter maintenance operations by using weather derivatives and stochastic weather forecast. The title of his Ph.D. dissertation was ‘Using option theory to manage risks in highway winter operations’. Arman received his MBA in Finance from Institute of Business Administration (IBA), University of Dhaka in 2005. He is a certified FRM (Financial Risk Manager — Certified by the Global Association of Risk Professionals, GARP). Besides, he completed Applied Management Principles (AMP) Program at Purdue's Krannert School of Management in 2009. Earlier, he completed his BSc in Civil Engineering at Bangladesh University of Engineering & Technology (BUET) in 2002.

 

As a Graduate Research Assistant, Dr. Arman worked in a number of research studies sponsored by US agencies such as NCHRP/TRB, FHWA, and INDOT. He has designed, conducted, and managed several research projects and presented the findings in multiple interdisciplinary conferences. He also worked as a Graduate Teaching Assistant in Florida Atlantic University (FAU) in 2008 and in Purdue University in 2010-11. His professional experience includes working as a management trainee at Dhaka Bank and IDLC Finance. Besides, he was a member of Bangladesh Civil Service (BCS) working at the Roads and Highways Department (RHD) for few years.

PUBLICATIONS

Sharmin, S. and Arman, M. (In press). Market Concentration Scenario in Financial Sector of Bangladesh. North South Business Review.

Sharmin, S., Arefin, A. and Arman, M. (In press). Detecting Earning Manipulation in a Developing Economy: An Empirical Study Using Beneish M-score Model. North South Business Review.

Everett, S. R., Athigakunagorn, N., Woldermariam, W., Varadarajan, V., Arman, M., Roshandeh, A. M., Gkritza, K., Labi, S., & Sinha, K. C. (2014). Impact of HB-1481 on Indiana’s highway revenue generation, asset degradation, modal distribution, and economic development and competitiveness (Joint Transportation Research Program Publication No. FHWA/IN/JTRP-2014/14). West Lafayette, IN: Purdue University. http://dx.doi.org/10.5703/1288284315514

Arman, M., Labi, S. and Sinha, K.S. (2013). Perspectives of the Operational Performance of Public Transportation Agencies with Data Envelopment Analysis, Transportation Research Record: Journal of the Transportation Research Board, No. 2351, pp. 30–37. DOI: 10.3141/2351-04

Thompson, P., Ford, K., Arman, M., Labi, S., Sinha, K., and Shirole, A. (2012). Methodology for Estimating Life Expectancies of Highway Assets, Volume 1: Guidebook. National Highway Cooperative Research Program (NCHRP), Report 713, Transportation Research Board, Washington. D.C. DOI: 10.17226/22782

Ford, K., Arman, M., Labi, S., Sinha, K., Shirole, A., Thompson, P., Li, Z. (2012). Methodology for Estimating Life Expectancies of Highway Assets, Volume 2: Final Report. National Highway Cooperative Research Program (NCHRP), Report 713, Transportation Research Board, Washington. D.C. DOI: 10.17226/22783

Volovski, M., Arman, M., & Labi, S. (2014). Developing statistical limits for using the light weight deflectometer (LWD) in construction quality assurance (Joint Transportation Research Program Publication No. FHWA/IN/JTRP-2014/10). West Lafayette, IN: Purdue University. https://doi.org/10.5703/1288284315504

CONFERENCE PROCEEDINGS & PRESENTATIONS

Shuman, A. & Arman, M. (2020). Effect of Implementation of IFRS 9 Provision Systems in GCC Countries: A Case Study Using Data From Oman. In O. K. Gupta & S. Agrawal (Eds.), Proceedings of the Seventeenth AIMS International Conference on Management (pp. 578-582). Indian Institute of Management Kozhikode, January 2-4. ISBN: 978-1-943295-14-2 

Sharmin, S. & Arman, M. (2020). Measuring Market Concentration Using Indices: An Empirical Analysis on Listed Financial Companies of Bangladesh. In O. K. Gupta & S. Agrawal (Eds.), Proceedings of the Seventeenth AIMS International Conference on Management (pp. 1513-1519). Indian Institute of Management Kozhikode, January 2-4. ISBN: 978-1-943295-14-2

Sharmin, S. and Arman, M. (2019). Diagnosis of Competitiveness among Listed Companies in Bangladesh. Presented at the 2nd International Conference on Applied Statistics, December 27-29, 2019, University of Dhaka, Bangladesh

Sharmin, S., Shuman, A. and Arman, M. (2019). Empirical Profiling of Banks in Distress in Bangladesh using Logit Model with Panel Data. Presented at the 2nd International Conference on Applied Statistics, December 27-29, 2019, University of Dhaka, Bangladesh

Sharmin, S. & Arman, M. (2019). Likelihood of a Company’s Manipulation of Its Financial Statement: An Empirical Analysis Using Beneish M-Score Model. In O. K. Gupta & S. Agrawal (Eds.), Proceedings of the International Conference on Management and Information Systems (ICMIS-19) (pp. 117-125). Bangkok, September 29-30. ISBN: 978-1-943295-13-5

Arefin, A. & Arman, M. (2019). Assessing the Risk of Insolvency: An Empirical Analysis using Altman Z-Score Bankruptcy Model. In O. K. Gupta & S. Agrawal (Eds.), Proceedings of the International Conference on Management and Information Systems (ICMIS-19) (pp. 111-116). Bangkok, September 29-30. ISBN: 978-1-943295-13-5

Jahan, T. & Arman, M. (2019). How Sustainable the Social Business Model is? : An Exploratory Study. In O. K. Gupta & S. Agrawal (Eds.), Proceedings of the International Conference on Management and Information Systems (ICMIS-19) (pp. 530-541). Bangkok, September 29-30. ISBN: 978-1-943295-13-5

Arman, M., Sultana, F., & Sharmin, S. (2015). Analyzing Loan Recovery Rate of Micro Finance Institutions in Bangladesh. Presented in the Second International Conference on Theory and Applications of Statistics, December 27-29, 2015, University of Dhaka, Bangladesh

Arman, M. & Khan, A. (2014). Analyzing Cost Overrun of Highway Projects in Bangladesh. Presented in International Conference on Applied Statistics, December 27-29, 2014, University of Dhaka, Bangladesh

Murillo-Hoyos, J., Arman, M., and Labi, S. (2014). An Econometric Analysis of Transit Rolling Stock Costs of Motorized Bus and Demand Response Modes. Presented in 93rd Annual Meeting of Transportation Research Board (TRB), January 12-16, Washington, D.C.

Ford, K.M., Arman, M., Labi, S., Sinha, K.C., Thompson, P.D., Shirole, A.M. (2013). Estimating the life expectancies of civil engineering infrastructure. In Safety, Reliability, Risk and Life-Cycle Performance of Structures and Infrastructures - Proceedings of the 11th International Conference on Structural Safety and Reliability, ICOSSAR 2013 (pp. 3483-3490). Columbia University, New York, NY, June 16–20, 2013.

Arman, M. and Labi, S. (2013). Measuring Efficiency of Indiana Fixed Route Transit Agencies Using Data Envelopment Analysis. Presented in 92nd Annual Meeting of Transportation Research Board (TRB), January 13-17, Washington, D.C.

Zhang, Z., Arman, M., and Labi, S. (2013). Efficiency Measurement of Interstate Highway Pavement Maintenance Using Data Envelopment Analysis. Presented in 92nd Annual Meeting of Transportation Research Board (TRB), January 13-17, Washington, D.C.

Arman, M. and Labi, S. (2012). An Assessment of Operational Performance of Public Transit Agencies Using Data Envelopment Analysis Technique. Presented in 91st Annual Meeting of Transportation Research Board (TRB), January 22-26, Washington, D.C.

Murillo-Hoyos, J., Arman, M., and Labi, S. (2012). Performance Modeling and Cost Assessment of Transit Systems. 53rd Annual Transportation Research Forum, March 15-17, Tampa, FL.

Ford, K.M., Labi, S., Arman, H., Sinha, K.C., Shirolé, A., Thompson, P. (2012). Incorporating Risk into Asset Management Decisions: Impact of Uncertain Climatic Effects on Long-Term Asset Needs, 9th National Conference on Transportation Asset Management, San Diego, CA, April 16–18, 2012.

Thompson, P.D., Ford, K.M., Arman, H.R., Labi, S., Sinha, K.C., Shirolé, A. (2012). Estimating Life Expectancy of Highway Assets, 9th National Conference on Transportation Asset Management, San Diego, CA, April 16–18, 2012.

Murillo Hoyos, J., Arman, M., Labi, S. (2012). Effectiveness Evaluation of Transit Systems in Indiana, 98th Annual Road School, Purdue University, W. Lafayette, IN, March 6–8, 2012.

Ong, G.P., Ford, K., Arman, M., Labi, S., Sinha, K.C (2010). Evaluating Expected Service Lives for Highway Assets: Data Requirements, Availability and Quality, Data Analysis Working Group (DAWG) Forum, 89th Annual Meeting, Transportation Research Board, Washington, DC, January 10–14, 2010.

Volovksi, M., Arman, M., and Labi, S. (2016). Developing Statistical Limits for Using the Light Weight Deflectometer in Construction Quality Assurance, 95th Annual Meeting of the Transportation Research Board, Washington, DC, January 10–14, 2016.

PhD, Purdue University, IN Transportation & Infrastructure Systems May, 2014
MS, Purdue University, IN Transportation & Infrastructure Systems May, 2013
MBA, Institute of Business Administration (IBA), Bangladesh Finance August, 2005
BSc, Bangladesh University of Engineering & Technology (BUET), Bangladesh Civil Engineering March, 2002
Assistant Professor, Dept of Accounting & Finance, School of Business & Economics, North South University Aug 2014 – Present
Chair, Dept of Accounting & Finance, School of Business & Economics, North South University Aug 2014 – Sep 2015
Graduate Research Assistant at Purdue University, IN Aug 2008 – May 2014
Graduate Teaching Assistant at Florida Atlantic University, FL Jan 2008 – May 2008
Roads and Highways Department, Bangladesh
IDLC Finance Limited, Bangladesh
Dhaka Bank Limited, Bangladesh
FIN470: Insurance and Risk Management
FIN480: Financial Derivatives
BUS635: Managerial Finance
FIN647: Financial Derivatives
BUS511: Business Statistics
BUS501: Business Mathematics
FIN639: Corporate Finance

 

Financial Risk Manager — Certified by the Global Association of Risk Professionals

Member — Institution of Engineers, Bangladesh (IEB)

 

Banking and risk management

Capital Market

Microfinance

P3 projects and insfrastructure finance

Statistical and econometric modeling

Spatial Econometrics and its application in business