A. Education

Program	University	Degree	Year
Business Admin., Acct.	Roosevelt University	Undergraduate (B.S)	1986
Business Admin., Fin.	Roosevelt University	Graduate (MBA)	1990
Business Admin., Fin.	Çukurova University	Ph.D	2000

 

B.Academic Titles

Academic Titles	University	Scientific Field	Year
Assist. Prof. Dr.	Girne American University	Business – Finance	2001

 

C.  Work Experience

Program	Position	University	Period
Business Administration	Lecturer	Near East University	1992-1997
Banking and Finance	Lecturer	Girne American University	1997-2012
Banking and Finance	Lecturer	European University of Lefke	2012-2019
Banking and Finance	Lecturer	Cyprus Science University	2019-2021
Banking and Finance	Lecturer	Bahçeşehir Cyprus University	2021- still

 

D. Administrative Positions

Program	Position	University	Period
Business & Economics	Dean (Acting)	Girne American Üniversity	2005-2009
Banking & Finance	Head of Dept.	Girne American Üniversity	2009-2011
Banking & Finance	Head of Dept.	European University of Lefke	2015-2019
Banking & Finance	Head of Dept.	Cyprus Science University	2020-2021

 

 E. Supervised Thesis

1. Master’s Degree

a. Lütfi Olkan, “Performance Analysis of Commercial Banks in TRNC”, 2015.

b. Emetullah Öğütveren, “Effect of Sectoral Development on Economic Growth: A Study on Turkey and TRNC”, 2018.

c. Kelvin Onyibor, “Forecasting Economic Activity of Africa Through The Yield Curve – (2000-2013)”, 2018.

2. PhD

a. Kaan Kutlay, “Factors Affecting Profitability in Banking Sector: TRNC Example”, 2019.

b. Buğra Özbeşer, “Relationship between Public Expenditures and Economic Growth in TRNC”, 2019.

 

F. Publications

1. Publications listed under Scopus

a. Altay, Osman & Onyibor, Kelvin, “Forecasting Economic Activity of East Asia through the Yield Curve – (2000-2013), (Predicting East Asia’s Economic Growth & Recession”, Springer Proceedings in Business & Economics, Emerging Trends in Banking & Finance, pages 115-131, 27 Oct., 2018. (ISBN: 978-3-030-01784-2).

2. Conference Publications

a.Altay, Osman, “Proceeding on Financial Markets in Eastern Mediterranean”, International Conference: East Mediterranean and Cyprus: Economic and Political Relations; Cooperation and Integration from Past to Future”, GAU Proceedings Book 2010 , 15 December 2010, Girne American University, Kyrenia.

b. Şafaklı, O.V. & Altay, O.A, “A Case Analysis on Ratio Analysis: A Public Sector Example from TRNC”, YEBKO-2017 Proceedings Book, 5 May 2017, Çukurova University, Adana.

c. Altay, Osman & Onyibor, Kelvin “Forecasting Economic Activity of East Asia through the Yield Curve – (2000-2013), (Predicting East Asia’s Economic Growth & Recession)”, 3rd International Conference on Banking & Finance Perspectives (25-27 April, 2018), Eastern Mediterranean , Famagusta.

 

G. Research Topics

 1. Effect of Exchange Rates Risk on Stock Returns in Istanbul Stock Exchange (ISE)

This area of research intends to analyse the relationship between change in trade-weighted real exchange rates on a sample of stock real returns trading in ISE over 10 year period using time-series regression analysis. Research findings have indicated a weak to moderate effect on stock returns.

2. Forecasting Economic Growth/Recession through Yield Curve in U.S, Europe and East Asian Countries

This research topic intends to use the predictive power of yield curves using term-spreads (interest rates differential between short-term (3 month) and long-term (10 years bonds)in forecasting future economic growth or recession by use of probit regression model in U.S, Germany and East Asian countries such as Japan, China and S. Korea. Research findings have indicated that term-spreads have a 4 quarters predictive power ahead of time in U.S, 5 quarters in Germany and Japan, 3 quarters in China and none in S. Korea.