Ashrafee Hossain

Ashrafee Hossain

B.Sc., MBA, PhD, CFA

  • Associate Professor
  • Finance
Contact Information
Ph: 709.864.8510
Office: BN-2036
Personal Profile

Dr. Ashrafee Hossain has completed a bachelor of science in information technology (2003) and a master of business administration (MBA) in finance (2005) from Virginia Tech. He finished a doctor of philosophy (PhD) in finance from Concordia University in 2013. While at Virginia Tech, Dr. Hossain was on Dean’s list throughout his undergraduate studies and eventually graduated with Summa Cum Laude. He was one of the most outstanding MBA students of the graduating class of 2005. Continuing his academic excellence, he won the prestigious ‘Joe Kelly Graduate Award for Outstanding Thesis’ at Concordia University.

Upon completing his PhD in Finance from John Molson School of Business, Dr. Hossain joined the Faculty of Business Administration (FBA) of the Memorial University of Newfoundland (MUN) in 2013. He has been actively participating in different initiatives to enhance the student experience at FBA since the beginning. Dr. Hossain worked diligently to get our B.Comm., BBA, iBBA, and MBA programs certified by the CFA Institute University Recognition Program in 2015, one of only six Canadian business schools to have achieved that feat at that time. Recently, he has worked along with the CFA Institute to get all of the aforementioned programs promoted to CFA Institute University Affiliation Program, an honor shared by only six other Canadian business schools. Dr. Hossain has been actively involved in the MBA-SEE program initiative. Dr. Hossain has been mentoring students in various aspects including CFA Level I exam preparation. He has supervised more than 20 MBA research projects, and often worked with some of the students who are interested in publishing their projects in peer-reviewed outlets; to date, 7 of these MBA projects have been placed in peer-reviewed outlets.

Dr. Hossain’s research interests include corporate finance, corporate governance, financial regulations, mergers and acquisitions, corporate social responsibility, and sustainability. Dr. Hossain has 28 peer-reviewed publications, of which 15 are peer-reviewed journal publications. He has published in journals like The North American Journal of Economics and Finance, Journal of Management & Governance, Managerial Finance, Review of Financial Economics, Benchmarking: An International Journal, among others. He has also published book chapters with Oxford University Press. Dr. Hossain has presented in various national and international conferences, such as, Financial Management Association, Northern Finance Association, Administrative Sciences Association of Canada, Southern Finance Association, Midwest Finance Association, India Finance Conference, World Finance and Banking Symposium, World Finance Conference, among others.

Dr. Hossain is a member of the CFA Institution and the only full-time tenured/tenure-track member of the FBA to hold the CFA Charter. He has been very dedicated to teach his students about ethics in work place, ethical investment, and ethics in their dealings with others. During his time at Memorial, he has won various internal and external grants. He was recently awarded with the prestigious ‘FBA Teaching Fellowship’ sponsored by the Patten Family.



  • Joe Kelly Graduate Award for Outstanding Thesis


  • National Bank Fellowship


  • Summa Cum Laude, Virginia Tech

Google Scholar


Faculty of Business Administration

230 Elizabeth Ave, St. John's, NL, CANADA, A1B 3X9

Postal Address: P.O. Box 4200, St. John's, NL, CANADA, A1C 5S7

Tel: (709) 864-8000