Professor Sumon Bhaumik

Chair in Finance

Room: C073
Phone: +44 (0)114 222 3297
Personal web page:
Professor Sumon Bhaumik

Sumon Bhaumik received his undergraduate education at Presidency College, Calcutta, and got his masters and doctoral degrees in Economics from the University of Southern California. Since then, he has worked both within and outside of academics in Bulgaria, Germany, India and the United Kingdom. He joined the University of Sheffield in 2014.

His research interests are wide ranging, and include corporate governance and firm performance, banks and credit markets, and impact of economic (including financial sector) reforms. He has published widely, including in high profile journals such as Strategic Management Journal, Journal of International Business Studies, Journal of Development Economics, Journal of Banking and Finance, Journal of Corporate Finance, and Journal of Comparative Economics. In the past decade, he has also worked on a number of projects funded by ESRC, DfID, NESTA, UKTI and UKIERI.

Teaching and Learning

Sumon’s teaching draws on his wide-ranging research experience as well as his experience working outside of academia. For example, his (shared) MSc module on Emerging Markets Finance, which will be introduced from 2014-15, draws on his considerable research on the Indian banking and financial sectors as well as on his experience as the senior economist at ICRA, Moody’s associate in India, at a time when India was introducing and managing a number of changes to its banking and financial sectors. Similarly, his (shared) MSc module on Risk and Uncertainty, which will also be introduced from 2014-15, draws on his increasing research focus on the internal mechanisms of firms that affect performance, and his corporate-sector focussed writings on financial derivatives and enterprise risk management.

Research Interests

  1. Ownership, corporate governance and firm performance
  2. Banking and credit markets
  3. Impact of economic reforms

Areas of Research Supervision

  1. Corporate governance
  2. Corporate finance
  3. Financial sector regulations

Recent invited papers and keynote Lectures

Presentation on UK Universities: Partners in Innovation that can Deliver Value, UKTI - India Business Day, Birmingham, UK, June 2013

Forum on Exporting with the Commonwealth and BRICS - A Roadmap to Business Success GOVKNOW - government knowledge, London, UK, March 2013

Forum on Escaping the Middle Income Trap (Speaker on India), Warwick Emerging Markets Forum, University of Warwick, UK, November 2012

Key Projects / Grants

Title/ Description Awarding body Dates People Involved Amount
UKIERI Trilateral Research Grant UKIERI 2013-15 Professor Ali Kutan (SIUE), Dr Manisha Chakrabarty (IIMC), Dr Ekta Selarka (MSE) £47,803
Enterprise Research Centre Economic and Social Research Council (ESRC) 2013-15 Professor Stephen Roper (Warwick), Professor Mark Hart (Aston), Professor Jim Love (Aston), Professor Mike Wright (Imperial) et al. £2.9 million
Productivity and its drivers in the UK and comparable developed countries ESRC Placement Fellowship with BIS 2009-10 None £33,600

Professional Activities, Recognition and Other Information

Editorial work

Associate Editor, Emerging Markets Finance and Trade (ME Sharpe)

Editorial Board Member, Economic Systems (Elsevier)

Editorial Board Member, Borsa Istanbul Review (Elsevier)

Research Fellowships

Research Fellow, IZA - Institute for the Study of Labor, Bonn, Germany