At the invitation of the School of Finance, Mallick Sushanta Kumar, Professor of Queen Mary University of London, conducted a high-level teaching series in our university during March 3rd-11th. Professor Sushanta is the co-editor of the SSCI journal Economic Modelling. He has published more than 100 academic papers in international high-level journals. What’s more, his research areas relate to international economics, banking, and finance, and he is also in the top 5% of economists in the world according to the IDEAS/RePEc rankings. During this series of activities, he gave an academic report Monetary Policy and Bank Lending Behavior: The Role of Wealth Management Products to the teachers of the School of Finance, and taught the English course Corporate Finance to 15 master’s and doctoral students as well as provided 1-to-1 English paper writing guidance to 8 faculty members and doctoral students.
In the academic presentation, Prof. Sushanta focused on the impact mechanism between monetary policy and bank lending behavior in China, proposed the moderating effects of factors such as banks’ own asset scale and sales of wealth management products on this impact mechanism, and analyzed the lag and robustness of the impact mechanism from different dimensions of state-owned banks and small and medium-sized banks. The academic report is a good inspiration for understanding the implementation effects of China’s monetary policy on microfinance entities.
In the course, Prof. Sushanta conducted a one-week course on Corporate Finance. He explained in detail the key areas of corporate finance from four perspectives: forms of corporate organization, capital budgeting, corporate investment, and working capital management, and led the students to understand the core mechanisms of corporate finance. Moreover, Prof. Sushanta elaborated on how a company can optimize its capital structure and balance debt and equity so as to achieve the goal of maximizing shareholder value, leading students to deeply understand the process and influence of corporate investment and financing decisions from specific cases. At the end of the course, Prof. Sushanta guided students studying on the frontier research areas of corporate finance, such as risk management, corporate mergers and acquisitions, international finance, etc., inspiring the students to concentrate on the frontier of the discipline, standardize the research paradigm, and strive to develop the innovative content of the discipline, which is positively meaningful for the students to conduct scientific research in the future.
In the paper guidance, Prof. Sushanta carefully read the manuscripts, combined with his rich experience in paper writing, reviewing and editing, and provided constructive comments for the authors in terms of novelty of topic, applicability of methodology, standardization of writing, and significance of economic significance, etc., so as to guide the faculty members and the doctoral students to improve their English paper.
Prof. Sushanta’s teaching activities in our university not only provide a window for the teachers and students of the School of Finance to contact with the international cutting-edge teaching and research, but also make practical contributions to strengthening the international vision of the teachers and students and promoting the internationalization of the publication of academic results.
(Contributed by Li Zhinan, Zhang Yujie)
