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Dr. Abhishek Varma

Professor
Katie Insurance School
Office
State Farm Hall of Business - SFH 330
Office Hours
By appointment over Zoom
  • About
  • Education
  • Awards & Honors
  • Research

Biography

Dr. Varma’s publications have appeared in several reputed journals including The Accounting Review, Journal of Corporate Finance, Financial Management, Journal of Banking and Finance, and Journal of Financial Services Research. His research has also been cited in the Wall Street Journal and has been abstracted in the CFA Digest.

Dr. Varma received his Ph.D. in Finance and M.S. in Statistics degrees from Washington State University. Prior to that he worked in the Premier Banking division of Hongkong and Shanghai Banking Corporation (HSBC). Dr. Varma obtained his Bachelor of Commerce (Honors) degree from University of Delhi, India.

Current Courses

346.001Fixed Income Analysis And Portfolio Management

242.002Investments

242.003Investments

240.001Business Finance

346.001Fixed Income Analysis And Portfolio Management

242.004Investments

242.005Investments

Teaching Interests & Areas

Investments, Fixed Income, Risk Management and Insurance

Research Interests & Areas

Investments, Behavioral Finance, Institutional Investors, Individual Investors, Sustainable Investing, ESG, CSR, Risk Management

PhD Finance

Washington State University
Pullman, WA

MS Statistics

Washington State University
Pullman, WA

BS Commerce (Honors)

University of Delhi
New Delhi, India

Outstanding Researcher Award, Department of Finance, Insurance & Law

Illinois State University
2020

2017 Finance, Insurance and Law Master Teacher

Illinois State University
2017

Outstanding Reviewer

Journal of Banking and Finance
2017

Outstanding Paper Award

Review of Behavioral Finance, Emerald Literati Network
2015

Outstanding Researcher Award

Department of Finance, Insurance and Law, Illinois State University
2015

Country Financial Faculty Scholar

College of Business, Illinois State University
2014

Dixie L. Mills Faculty Scholar in Finance

Illinois State University
2014

Semi-finalist for Best Paper in Financial Review during 2012

Financial Review
2013

Outstanding Teaching Award

Department of Finance, Insurance and Law, Illinois State University
2012

Semi-finalist for Best Paper in Investments

Financial Management Association
2010

Journal Article

Kotomin, V., & Varma, A. Do Large Losses Loom Larger than Gains? Salience, Holding Periods, and the Disposition Effect. Financial Review 57.2 (2022): 397-427.
Nofsinger, J., & Varma, A. Keeping Promises? Mutual Funds’ Investment Objectives and Impact of Carbon Risk Disclosures. Journal of Business Ethics 187.3 (2022): 493-516.
Howe, T., Kotomin, V., Liao, M., & Varma, A. A Tale of Two SMIPs: Equity and Fixed Income. Managerial Finance 46.5 (2020): 636-646.
Khan, U., Ryan, S., & Varma, A. Fair Value versus Amortized Cost Measurement and the Timeliness of Other-than-Temporary Impairments: Evidence from the Insurance Industry. The Accounting Review 94.6 (2019): 285-307.
Nofsinger, J., Sulaeman, J., & Varma, A. Institutional Investors and Corporate Social Responsibility. Journal Of Corporate Finance 58 (2019): 700-725.

Presentations

Institutional Investors and Corporate Social Responsibility. Global Quant Investment Strategies Conference. Instinet, Nomura. (2019)
The "Green" Geography: Corporate Environmental Policies and Local Institutional Investors. SKBI-TBLI Sustainable Finance Conference,. Singapore Management University. (2019)
The “Green” Geography: Corporate Environmental Policies and Local Institutional Investors. Financial Management Association (FMA) International Annual Meeting. Financial Management Association (FMA). (2019)
Do Large Losses Loom Larger Than Gains? Salience, Holding Periods, and the Disposition Effect. Financial Management Association. (2018)
Fair Value versus Amortized Cost Measurement and the Timeliness of Other-than-Temporary Impairments: Evidence from the Insurance Industry. Ohio State University - Seminar. Ohio State University. (2018)
Fair Value versus Amortized Cost Measurement and the Timeliness of Other-than-Temporary Impairments: Evidence from the Insurance Industry. Rice University - Seminar. Rice University. (2018)
Fair Value versus Amortized Cost Measurement and the Timeliness of Other-than-Temporary Impairments: Evidence from the Insurance Industry. American Accounting Association (AAA) Annual Meeting. American Accounting Association. (2018)
Fair Value versus Amortized Cost Measurement and the Timeliness of Other-than-Temporary Impairments: Evidence from the Insurance Industry. University of Waterloo - Seminar. University of Waterloo. (2018)
Fair Value versus Amortized Cost Measurement and the Timeliness of Other-than-Temporary Impairments: Evidence from the Insurance Industry. Tulane University - Seminar. Tulane University. (2018)
Fair Value versus Amortized Cost Measurement and the Timeliness of Other-than-Temporary Impairments: Evidence from the Insurance Industry. University of Florida - Seminar. University of Florida. (2018)

Grants & Contracts

Grant from Center for Insurance and Financial Services. Illinois State University. (2018)
Grant from Center for Insurance and Financial Services. Illinois State University. (2017)
Grant from Center for Insurance and Financial Services. Illinois State University. (2016)
Grant from Center for Insurance and Financial Services. Illinois State University. (2015)
University Research Grant. Illinois State University. (2013)