Professor Mustafa Caglayan

Head of Finance and Director of the Centre for Finance and Investment

Mustafa's areas of research interest focus on financial economics, international finance and applied macroeconomics. His recent research concentrates on firm investment and cash holding behaviour; international trade flows and exchange rate movements; corruption; the role of financial debt; bank lending; firm leverage and inventories; and price dynamics.

Mustafa is interested in supervising PhD students in the areas of financial economics, international finance and applied macroeconomics. His recent research concentrates on firm investment and cash holding behaviour; international trade flows and exchange rate movements; corruption; the role of financial debt; bank lending; firm leverage and inventories; and price dynamics. Download examples of Professor Caglayan's research work.

Current Teaching Responsibilities: Financial Markets Theory (C38FM) and International Bond and Currency Markets (C39SM), referring to the current state of the research and the recent world events.

Areas of interest

  • Financial economics, international finance and applied macroeconomics

Qualifications

  • PhD in Economics (1997) Boston College, MA, USA
  • MSc in Economics (1991) Bogazici Universitesi, Turkey
  • BSc in Electrical Engineering (1987) Bogazici Universitesi, Turkey

Background

Professional Experience:

  • 2021 Head of Finance, Heriot-Watt University, UK
  • 2013 Professor of Finance, Heriot-Watt University, UK
  • 2006-2012 Professor of Economics, University of Sheffield, UK
  • 2005-2006 Professor of Economics, University of Glasgow, UK
  • 2003-2005 Reader, University of Leicester, UK
  • 2000-2003 Senior Lecturer, University of Liverpool, UK
  • 2000 (January-September) Lecturer, University of Durham, UK
  • 1998-2000 Assistant Professor, Koc Universitesi, Istanbul, Turkeye
  • 1996-1998 Visiting Assistant Professor, Fletcher School, Tufts University, USA

Recent publications

View all publications on Research Portal External link

Projects/Research showcase

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AWARDS

  • 2023-2025 BA Dead Souls: A cross country investigation of fatal and non-fatal work-related accidents with F. Demir, University of Oklahoma, USA
  • 2017-2021 February, ESRC and National Natural Science Foundation of China: ES/P004741/1 (PI). Proposal Title: Peer-to-Peer Lending Market in China: Pricing, Risk Management and Regulation", with O. Talavera (Swansea University), L. Xiong (Robert Gordon University) J. Maltby (University of Sheffield).