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Dr. Mohammad Siddiquee, Assistant Professor, Finance

MohammadSiddiquee1Mohammad Siddiquee is an Assistant Professor of Finance at the Department of Business Administration, Tourism and Hospitality Management at the Mount Saint Vincent University. Dr. Siddiquee comes to the Mount from the University of New Brunswick Saint John. His research focuses on behavioural finance as well as the psychology of decision-making, particularly in investment management. Influenced by the works of Benjamin Graham and his disciple Warren Buffett, Dr. Siddiquee also studies value investing and has co-developed a simple value investing decision-making tool. Originally from Bangladesh, Dr. Siddiquee attended Jahangirnagar University where he received his bachelor's and master’s degrees in business administration in 2001 and 2002. He received his MBA in 2012 and PhD in 2017 from the University of New Brunswick.

Dr. Mohammad Siddiquee
Assistant Professor
Finance

Office: McCain Centre 406E
Phone: 902 457 6391
Fax: 902 445 2582
Email: msvu.ca
Office Hours: BUSI 2060 01: Monday, 2:00 to 3:00pm or by appointment via e-mail
BUSI 3360 01: Monday, 1:00 to 2:00pm or by appointment via e-mail
BUSI 3360 16 18: By appointment via e-mail / Virtual office hour via Collaborate Ultra

Qualifications:
Academic: PhD (UNB), MBA (UNB)

Joined the Mount: September 1, 2017

Relevant Prior Work Experience:
Assistant Professor of Finance (2017-2017), Faculty of Business, University of New Brunswick, Saint John
Lecturer in Finance (2012-2017), Faculty of Business, University of New Brunswick, Saint John
Sessional Instructor (2011-2014), Faculty of Business Administration, University of New Brunswick, Fredericton
Assistant Professor of Finance (2010-2011), Institute of Business Administration Jahangirnagar University, Bangladesh
Lecturer (2007-2010), Institute of Business Administration Jahangirnagar University, Bangladesh
Lecturer (2005-2007), Faculty of Business and Economics, Daffodil International University, Bangladesh

Courses Taught:
BUSI 2060: Personal Finance
BUSI 3360: Finance I
BUSI 4465: Financial Statement Analysis
BUSI 4466: Financial Markets Investments

Research Interests:
Psychology of decision-making, Behavioural Finance, Value Investing, Risk Management

Academic Activities and Publications (since 2005):
Journal Articles:
  • Otuteye, E., & Siddiquee, M. (2015). Overcoming Cognitive Biases: A Heuristic for Making Value Investing Decisions. Journal of Behavioral Finance, 16(2), 140-149
  • Otuteye, E., & Siddiquee, M. (2015). Avoiding Financially Distressed Companies Using a Value Investing Heuristic. Journal of Investing, 24(3), pp. 73-99
  • Otuteye, E., & Siddiquee, M. (2015). Redefining Risk and Return in Common Stock from a Value Investing Perspective: Some Tenable Propositions. Brandes Institute Paper
  • Otuteye, E., & Siddiquee, M. (2015). The Tale of Two Irrationalities: Why Money Managers Keep Promising What They Cannot Deliver and Why Clients Keep Giving Them Their Money. Academy of Behavioral Finance & Economics, Drexel University, Philadelphia, PA, September 16-18, 2015
  • Otuteye, E., & Siddiquee, M. (2013). Examining The Performance of a Value Investing Heuristic: Evidence From The S&P/TSX 60 From 2001-2011. Journal of Business Economics & Finance, 2(4), 67-81
  • Mitra, D., & Siddiquee, M. (2013). Measuring Efficiency of the Banking Industry Before and After the Recent Financial Crisis: Some International Evidence. International Journal of Accounting and Finance, 4(2), 143-167
  • Siddiquee, M., Hossain, M.F., & Rehan, S.F. (2010). Process-Time Benchmarking: A Two-Tier Model for Banking Firms, The Jahangirnagar Economic Review, 21(1), 79-96
  • Siddiquee, M., Hossain. M.F., & Rehan, S.F. (2010). Balance Sheet Reporting Practices by Listed Companies of Bangladesh. Journal of Business Research, 12, 1-32
  • Hossain, M.F., & Siddiquee, M. (2009). Readability of Management Reviews of Listed Companies of Bangladesh. Journal of Business Research, 11, 1-16
  • Siddiquee, M., & Khan, S. (2009). Analyzing Working Capital Management Performance: Evidence from Dhaka Stock Exchange (DSE) Ltd. The Jahangirnagar Economic Review, 20(1), 89-104
  • Sarker, M.M., Siddiquee, M., & Rehan, S.F. (2008). Financing Real Estate in Bangladesh: Problems, Prospects and Programs. AIUB Journal of Business and Economics, 7(2), 81-103
  • Hossain, M.F., Siddiquee, M., & Islam, K.M.Z. (2006). Effect of New IPO Issuance on the Secondary Market: Evidence from Dhaka Stock Exchange (DSE). The Jahangirnagar Economic Review, 17(1), 1-15
  • Islam, K.M.Z., Siddiquee, M., & Rahman, M.I. (2006). Book-Building: Will It Really Help to Build the Market? Journal of Business Research, 8, 63-76
  • Siddiquee, M., Hossain, M.F., & Islam, K.M.Z. (2006). Asset Securitization in Bangladesh: Practices and Impediments. The Cost and Management, 35 (March-April), 19-38
  • Siddiquee, M., Islam, K.M.Z., & Rahman, M.I. (2006). Revisiting SME Financing in Bangladesh. Daffodil International University Journal of Business and Economics, 1(1), 71-86
  • Hossain, M.F., Siddiquee, M., & Rahman, M.I. (2006). Dividend Surprise and Market Reaction: Evidence from Dhaka Stock Exchange (DSE) Ltd. The South Asian Journal of Management, 13(4), 55-71
Conference/Symposium/Panel Presentations:
  • Otuteye, E., & Siddiquee, M.(2019, April). Why Value Investing Works: A Theoretical Framework. Paper accepted for presentation at the meeting of The Second International Conference on Business and Management (ICBM 2019), BRAC University, Dhaka
  • Otuteye, E., & Siddiquee, M.(2018, October). Underperformance of Actively Managed Portfolios: Some Behavioral Insights. Paper presented at the meeting of the Academy of Behavioral Finance and Economics, Chicago, IL
  • Otuteye, E., & Siddiquee, M.(2018, October). Examining the Fairness of Fees and Compensation of Pension and Mutual Fund Managers Relative to Returns to the Investor. Paper presented at the Atlantic Canada Economic Association 2018 Annual Conference, Fredericton, NB
  • Otuteye, E., & Siddiquee, M.(2018, March). Behavioral Economics: Overview and Potential Applications in Managerial and Financial Decision Making. Paper presented at the faculty research seminar at the Faculty of Business Administration, University of New Brunswick, Fredericton, NB
  • Otuteye, E., & Siddiquee, M. (2017, October). Buffett’s Alpha: Further Explanations from Behavioral Value Investing Perspective. Paper accepted for presentation at the meeting of the Academy of Behavioral Finance and Economics, Los Angeles, CA
  • Otuteye, E., & Siddiquee, M. (2017, September). Interpreting the Fama-French Five-Factor Model from Benjamin Graham’s Value Investing Perspective. Paper accepted for presentation at the meeting of the 47th Atlantic Schools of Business Conference, Wolfville, NS
  • Otuteye, E., & Siddiquee, M. (2017, May). Re-Evaluating the Value of Modern Portfolio Theory and Asset Pricing Models Based on Behavioral Insights from Benjamin Graham’s Value Investing Paradigm. Paper accepted for presentation at the meeting of The Administrative Sciences Association of Canada (ASAC) Conference, Montreal, QC
  • Otuteye, E., & Siddiquee, M. (2017, May). The Case for Scholarship and Education in Value Investing. Finance Area Symposium at the meeting of The Administrative Sciences Association of Canada (ASAC) Conference, Montreal, QC
  • Otuteye, E., & Siddiquee, M. (2016, November). Failure of Asset Pricing Models: Confusion Between Objective Risk and Risk Perception. Poster presented at the meeting of The Society for Judgment and Decision Making, Boston, MA
  • Otuteye, E., & Siddiquee, M. (2016, October). A Critical Assessment of the Contribution of Modern Portfolio Theory and Asset Pricing Models to the Theory and Practice of Investment Decision Making. Paper presented at the meeting of The 46th Atlantic Schools of Business Conference, Halifax, NS
  • Otuteye, E., & Siddiquee, M. (2016, October). The Case for Revamping Investment Curriculum in Atlantic Schools of Business: A Behavioural and Value Investing Perspective. Symposium conducted at the meeting of the 46th Atlantic Schools of Business Conference, Halifax, NS
  • Otuteye, E., & Siddiquee, M. (2016, September). Redefining Risk in Common Stock Investment. Poster presented at the UNB Research Showcase 2016, Fredericton, NB
  • Otuteye, E., & Siddiquee, M. (2016, September). A Critique of Modern Portfolio Theory and Asset Pricing Models from a Value Investing Perspective. Paper presented at the meeting of Academy of Behavioral Finance and Economics, Las Vegas, NV
  • Otuteye, E., & Siddiquee, M. (2016, February). The Case that Markowitz Portfolio Theory, the Capital Asset Pricing Model, and Related Multifactor Asset Pricing Models are Neither Accurate Representation of Financial Markets Nor Reliable Models for Making Practical Portfolio Management Decisions. Paper presented at the Faculty Research Seminar, University of New Brunswick, Fredericton, NB
  • Otuteye, E., & Siddiquee, M. (2016, February). A Critique of Modern Portfolio Theory and Asset Pricing Models from a Value Investing Perspective. Paper presented at the Faculty Research Colloquium, University of New Brunswick, Saint John, NB
  • Otuteye, E., & Siddiquee, M. (2015, December). A Heuristic for Making Value Investing Decisions. Paper presented at the meeting of 13th Asian Business Research Conference, Dhaka, Bangladesh
  • Otuteye, E., & Siddiquee, M. (2015, November). Understanding the Persistent Apparent Irrationality in Choosing Between Common Stock Market Index and Professionally Managed Mutual Funds. Poster presented at the meeting of The Society for Judgment and Decision Making, Chicago, IL
  • Otuteye, E., & Siddiquee, M. (2015, September). Panel Discussion: Financial Advising, Behavioral Finance and Value Investing. Organized and participated as a panelist at the meeting of the Academy of Behavioral Finance and Economics, Philadelphia, PA
  • Otuteye, E., & Siddiquee, M. (2015, September). Bounded Rationality in Active vs. Passive Money Management: Evidence, Behavioural Explanation, and Possible Solutions. Paper presented at the meeting of The 45th Atlantic Schools of Business Conference, Fredericton, NB
  • Otuteye, E., & Siddiquee, M. (2015, September). How to Make Intelligent Investment Decisions. Poster presented at the UNB Research Showcase 2015, Fredericton, NB
  • Otuteye, E., & Siddiquee, M. (2015, September). Questioning Some Widely Accepted Views of Modern Portfolio Theory and Asset Pricing Models: A Value Investing Perspective. Paper presented at the meeting of The 45th Atlantic Schools of Business Conference, Fredericton, NB
  • Otuteye, E., & Siddiquee, M. (2015, August). Redefining Risk and Return in Common Stock from a Value Investing Perspective: Some Tenable Propositions. Paper presented at the Institute of Business Administration, Jahangirnagar University, Dhaka, Bangladesh
  • Otuteye, E., & Siddiquee, M. (2015, August). Investigating Higher Moments of Probability Distribution of Common Stock Returns as Potential Behavioral Indicators. Paper presented at the meeting of The 12th Knowledge Globalization Conference, Sonipat, Haryana, India
  • Otuteye, E., & Siddiquee, M. (2014, October). Rethinking Common Stock Investment: A Critique of Current Investment Management Mindset and Practices. Paper presented at the Faculty Research Seminar, Faculty of Business Administration, Fredericton, NB
  • Otuteye, E., & Siddiquee, M. (2014, September). Incorporating Psychology in Financial Decision Making: An Overview. Paper presented at the meeting of the 44th Atlantic Schools of Business Conference, Halifax, NS
  • Otuteye, E., & Siddiquee, M. (2014, September). Heterogeneity in Risk Preferences: Skewness of Portfolio Returns as a Distinguishing Feature Between Value Investors and Others. Paper presented at the meeting of the Academy of Behavioral Finance and Economics, Los Angeles, CA
  • Otuteye, E., & Siddiquee, M. (2014, April). Redefining Risk from a Value Investing Perspective: Propositions to Motivate a Re-Examination of Standard Portfolio Theory and Asset Pricing Models. Paper presented at the meeting of the 4th Annual International Conference on Accounting and Finance, Phuket, Thailand
  • Otuteye, E., & Siddiquee, M. (2013, September). R.I.P. Risk-Free Assets. Paper presented at the meeting of the 43rd Atlantic Schools of Business Conference, Antigonish, NS
  • Otuteye, E., & Siddiquee, M. (2013, September). Redefining Risk: Propositions to Motivate a Re-Examination of the Standard Risk vs. Return Relationship in Common Stock and Bond Portfolio Management. Paper presented at the meeting of the Academy of Behavioral Finance and Economics, Chicago, IL
  • Otuteye, E., & Siddiquee, M. (2013, July). A Re-Examination of Traditional Risk vs. Return in Portfolio Management. Paper presented at the meeting of the Annual Paris Business and Social Sciences Conference, Paris, France
  • Otuteye, E., Abekah, J., Bramble, B., & Siddiquee, M. (2013, June). Learning Styles and Learning Objects: Web-Based Tools to Enhance Teaching and Learning in Finance and Accounting. Paper presented at the meeting of The Administrative Sciences Association of Canada (ASAC) Conference, Calgary, AB
  • Mitra, D., & Siddiquee, M. (2012, September). Measuring Efficiency of the Banking Industry Before and After the Recent Financial Crisis: Some International Evidence. Paper presented at the meeting of the 42nd Atlantic Schools of Business Conference, Halifax, NS
  • Otuteye, E., & Siddiquee, M. (2012, September). Heuristics in Investment Decision Making: Some Empirical Results. Paper presented at the Faculty Research Colloquium, University of New Brunswick, Saint John, NB
  • Otuteye, E., & Siddiquee, M. (2012, March). Avoiding Financially Distressed Companies: Further Test of the O-S Value Investing Heuristic. Paper presented at the Faculty Research Seminar, University of New Brunswick, Fredericton, NB
  • Otuteye, E., & Siddiquee, M. (2011, September). Empirical Evaluation of a Heuristic Approach to Value Investing: An Examination of S&P/TSX 60 from 2006-2010. Paper presented at the meeting of the 41st Atlantic Schools of Business Conference, Charlottetown, PE
Monographs:
  • Otuteye, E., & Siddiquee, M.(2018). A Master Class with Warren Buffett and Charlie Munger 2018. South Carolina: CreateSpace Independent Publishing Platform.
  • Otuteye, E., & Siddiquee, M.(2018). A Master Class with Warren Buffett and Charlie Munger 2017. South Carolina: CreateSpace Independent Publishing Platform.
  • Otuteye, E., & Siddiquee, M.(2017). A Master Class with Warren Buffett and Charlie Munger 2016. South Carolina: CreateSpace Independent Publishing Platform.
  • Otuteye, E., & Siddiquee, M.(2015). A Master Class with Warren Buffett and Charlie Munger 2015. South Carolina: CreateSpace Independent Publishing Platform.
  • Otuteye, E., & Siddiquee, M.(2015). A Master Class with Warren Buffett and Charlie Munger 2014. South Carolina: CreateSpace Independent Publishing Platform.

Committee Services:

  • The Student Works Committee (2018 - )
  • Investment Committee, MSVU Faculty Association (2018 - )
  • Committee on Academic Policy and Planning (2019-2021)
  • Equity Committee, MSVU Faculty Association (2019 - )
Academic Memberships:
American Finance Association, Academy of Behavioral Finance and Economics, Administrative Sciences Association of Canada (ASAC), and Society for Judgment and Decision Making (SJDM).