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Faculty Members (Department of Business Administration )
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Personal Info

Dr. Oli Ahad Thakur

Professor & Chairperson
Department of Business Administration

Contact Info

Email: chairperson.dba@isu.ac.bd
Telephone: +880 9613737373, 230

A highly dedicated faculty member with more than 15 years’ experience of teaching both at undergraduate and master levels. He is very much committed to bring a positive change in his students’ lives through not only providing the world class lectures but also through joining them in different extra and co-curricular activities in order to help them learn things which at many time are not possible in a classroom environment. To ensure the best quality service, he is continuously trying to update himself with research degrees such as MPhil and PhD along with publications in high quality indexed journals. He possess excellent administrative experiences such as heading the largest department, leading the proctorial team and actively participating in the highest academic bodies of a university, i.e. syndicate, finance committee, academic council etc.

  • Thakur, O. A., Alam, M. K. & Islam, F. T. (2023). Working Capital Management of Small and Medium Enterprise in Bangladesh. PSU Research Review. DOI: https://doi.org/10.1108/PRR-02-2022-0015 (Scopus and CABS 1); Published by Emerald Insight
  • Thakur, O. A., Noordin, B. A., Matemilola, B. T. & Alam, M. K. (2023). Impact of Goodwill on Firms Capital Structure in Developed and Developing Countries: Moderating effects of Legal System. Macroeconomics and Finance in Emerging Market Economies. Manuscript ID: REME-2022-0104.R1. (Scopus Q4, and ABDC C); Published by Taylor and Francis (EarlyView)
  • Thakur, O. A., Alam, M. K., Islam, F. T. & Islam, M. Z. (2023). Inventory management systems of small and medium enterprises in Bangladesh. Rajagiri Management Journal, 1-13. DOI: https://doi.org/10.1108/RAMJ-09-2022-0145; Published by Emerald Insight. (EarlyCite)
  • Thakur, O. A., & Alam, M. K. (2022). The Problems Challenges of Small and Medium Enterprises in Bangladesh. Journal of Business and Development Studies (JBDS). 1(1), 1-12. Published by International Standard University, Dhaka, Bangladesh.
  • Bhuiyan, M. M. K., Hassan, M. M., Alam, M. K., Thakur, O. A. & Nasrin., H. (2023). The Impact of Extrinsic Motivation and Work-Life Balance for Generation Y’s Contentment of Private Sector in Bangladesh. Journal of Nusantara Studies (JONUS), 8(1), 1-24. (ESCI, Web of Science) Published by Universiti Sultan Zainal Abidin, Malaysia. (In-press)
  • Alam, M. K., Tabash, M. I., Thakur, O. A., Rahman, M. M., Siddiquii, M. N., & Hasan, S. (2022). Independence and effectiveness of Shariah Department officers to ensure Shariah compliance: Evidence from Islamic banks in Bangladesh. Asian Journal of Accounting Research. DOI: https://doi.org/10.1108/AJAR-01-2022-0022 (Scopus Q4 and ABDC C); Published by Emerald Insight (Early View)
  • Thakur, O. A., Noordin, B. A., Matemilola, B. T., Alam, M. K., & Setiawan, D.  (2022). Impact of Goodwill on Capital Structure and the Moderating Role of Investors’ Education. Managerial and Decision Economics, 43(7), 2657-2677. DOI: https://doi.org/10.1002/mde.3553 (SSCI, Web of Science (IF: 1.379), Scopus Q3, ABDC B, and CABS 2); Published by John Wiley and Sons Inc.
  • Alam, M. K., & Thakur, O. A. (2022). Why Does Bangladesh Require a Centralized Shariah Governance Framework for Islamic Banks? Journal of Nusantara Studies (JONUS). 7(1), 24-42. DOI: https://doi.org/10.24200/jonus.vol7iss1pp24-42 (ESCI, Web of Science). Published by Universiti Sultan Zainal Abidin, Malaysia.
  • Alam, M. K., Rahman, S. A., Tabash, M. I., Thakur, O. A., & Hosen. S. (2021). Shariah Supervisory Boards of Islamic Banks in Bangladesh: Expected Duties and Performed Roles and Functions. Journal of Islamic Accounting and Business Research, 12(2), 258-275. DOI: https://doi.org/10.1108/JIABR-02-2020-0035. (Scopus Q3, ESCI, Web of Science, ABDC C and ABS 2). Published by Emerald Insight
  • Parvin, T., Islam, F. T.& Thakur, O. A. (2020). Dependency on Digital Financial Services during COVID-l9: An Analysis of the Behavior of Bangladeshi Consumers. University of South Asia Journal. 6(2), 31-45.
  • Islam, F. T. & Thakur, O. A. (2020). Volatility in the Share prices: A Bibliometric Analysis of Causes and Effects of Various Factors. University of South Asia Journal. 6(2), 1-10.
  • Thakur, O. A., Matemilola, B. T., & Bany-Ariffin, A.N., Razman, A. A. L., & Setiawan, D. (2020). Impact of Goodwill on Firms’ Capital Structure in Developing countries. The Empirical Economics Letters, 19(6) (ABDC indexed)
  • Alam, M. K., Rahmanb, S. A., Thakur, O. A., Bashird, M. A., & Hosene, S. (2020). The Reasons Behind the Absence of a Comprehensive Shariah Governance Framework of Islamic Banks in Bangladesh. International Journal of Economics & Business Administration (IJEBA), 8(1), 134-145. (SCOPUS indexed, Q2)
  • Alam, M. K., Tabash, M. I., Thakur, O. A., Sahabuddin, M., Hosen, S. & Hassan, M. F. (2020). A central Shariah Regulatory Authority for the Islamic Banks in Bangladesh: Legalization or Formation.Journal of Asian Finance, Economics and Business, 7(1), 91-100. DOI: 10.13106/jafeb.2020.vol7.no1.91 (Scopus Q2 and ESCI, Web of Science)
  • Thakur, O. A., & Mamun, S. A. (2018). Working Capital Management Practices in an Emerging Economy: The Case of Bangladesh. Journal of Knowledge Globalization, 10(1).
  • Thakur, O. A., & Muktadir-Al-Mukit, D. (2017). Working Capital Financing Policy and Profitability: Empirical Study on Bangladeshi Listed Firms. British Journal of Economics, Management & Trade, 17(1), 1-6.
  • Thakur, O. A. (2017). Impact of Working Capital Policy on Profitability: An Empirical Analysis on Bangladeshi Engineering Companies. Eastern University Journal, 6(2).
  • Thakur, O. A. (2007). A Critical Evaluation of Capital Structure in Bangladeshi Firms. Journal of Business Studies, 2(3).
  • Tarique, M. A., & Thakur, O. A., (2006). Effect of Dividend Policy on Share Price – An Empirical Study on UK Share Market.  Journal of Business Studies, 2(2).
  • Thakur, O. A., Aziz, E., & Tarique, M. A. (2006). An Empirical Investigation of the News Effect on the Pound: Euro Exchange Rate. Journal of Business Administration, 34(3).

  • PhD in Finance (Universiti Putra Malaysia).
  • MPhil in Finance (University of Dhaka).
  • MA in International Finance (London Metropolitan University).
  • BBA (North South University).

Training Provided:

Joined as the resource person in two day-long workshops on Static Panel Data Analysis at Eastern University, Bangladesh and Primeasia University, Bangladesh on 31st July and 1st September respectively. Faculty members in the area of business from both the universities mainly participated in those workshops.

Teaching Experience:
  • Department of Business Administration, International Standard University, Dhaka, Bangladesh, Associate Professor, Finance, July,2020-Present
  • Department of Business Administration, Eastern University, Dhaka, Bangladesh, Associate Professor, Finance, May,2017-July,2020
  • Assistant Professor, Finance, June,2008-May,2017
  • Senior Lecturer, Finance, March,2007-June,2008
  • Lecturer, Finance, October,2005-March,2007

Conference Participations:

  • Presented in ‘PBS Research (PURE) Colloquium Series 2’, organized by Putra Business School, Malaysia on 22 January, 2020.
  • Presented a paper titled “The Impact of Goodwill on Capital Structure” in ‘NUBS International Conference (iCON) 2020’, organized By Nottingham Business School, Nottingham University Malaysia Campus on 9th and 10th January, 2020.
  • Presented a paper titled “Is Aggressive Working Capital Management Policy Value-Enhancing? An Empirical Study” in ‘1st Independent Global Conference on Business & Economics 2016’ organized by Centre for Business Policy Research (CBPR), Independent University Bangladesh on 21 May 2016.

Workshop Participations:

  • Participated in a ‘Workshop on Static Panel Data Analysis Method’, jointly organized by Putra Business School and iFINTELL on 12 March 2019.
  • Participated in ‘Workshop on Business Research Methodology’ organized by Faculty of Business Administration, Eastern University, Bangladesh on  14 and 16 August 2014.
  • Participated in ‘Workshop on Research Methods’ organized by University of Liberal Arts, Bangladesh in February 2009.

Administrative:

  • Chairperson, Department of Business Administration, International Standard University, from 15th July till date.
  • Executive Editor, Journal of Business and Development Studies (JBDS), since January 2022.
  • Member of the Syndicate, International Standard University since 11 November 2022.
  • Member of the Finance Committee, the Academic Council and the Faculty Selection Committee, International Standard University since July 2020.
  • Chairman, Department of Business Administration, Eastern University, from 1st February 2017 to 19 February 2018.
  • Proctor, Eastern University, from 1 July 2012 to 19 March 2015
  • Assistant Proctor, Eastern University from 1 September 2006 to 20 January 2010
  • Chief Coordinator, Eastern University Social Welfare Club, from October 2005 to March 2016
  • Member of the Syndicate, Eastern University from February 2017 to February 2018.
  • Member of the Finance Committee, Eastern University from February 2017 to February 2018.
  • Member of the Academic Council, Eastern University from February 2017 to February 2018.
  • Member of the Faculty Selection Committee, Eastern University from February 2017 to February 2018.
Research Experience:
  • Consultant of the project “Available Financing Instruments in Bangladesh (A Study Based on the Perspective of AG-ISE Joint Venture)” undertaken by Newvision Solution Ltd., Bangladesh, November, 2017.
  • Research Associate in the study titled “Evaluation of Vocational Training and Employment Support Project (VTESS)” sponsored by Islamic Relief Bangladesh and conducted by BPMI in 2006.
  • Research Associate in the study titled “Study on Micro Enterprise in Relation to their contribution to poverty alleviation” sponsored by Planning Commission, Govt. republic of Bangladesh conducted by BPMI, 2006.

Co-curricular & Extracurricular Activities:

  • Had the opportunity to work as convener of the Volunteer Management Committee and Member Secretary of Food & Reception Committee in ‘Social Business Youth Convention’ organized by Eastern University, on 2nd July 2014.
  • Was given the responsibility to lead the Volunteer and Security Management Committee, and to perform as a member of the Organizing Committee in ‘EU Career Fair 2014’, organized by Eastern University, Bangladesh on 9 December 2014.
  • Chaired the Organizing Committee for  ‘Students’ Thought on National Budget’, organized by the Faculty of Business Administration, Eastern University, Bangladesh on  15 June 2014
  • Initiated and actively guided the members of Eastern University Social Welfare Club, in organizing several activities such as winter clothes distribution, national level essay writing competition, Community Volunteers’ training program, club fair, blood donation program, helping Aila and Sidr victims, several awareness building seminars, TT vaccination program etc.