Aliaa Bassiouny

Aliaa Bassiouny joined W&L from the American University in Cairo as the Griffith Distinguished Visiting International Professor of Business Administration and is currently the Lawrence Associate Term Professor of Finance. Bassiouny’s teaching portfolio includes courses in managerial finance, investments, portfolio management, multinational business finance, valuation and financial modeling. She believes in an interactive teaching pedagogy that relies on experiential learning by incorporating case studies, simulations and hands on training. Beyond the classroom, she enjoys advising student activities and is the faculty adviser for Washington and Lee’s Williams Investment Society (WIS) and the student team competing in the annual CFA research challenge.

Bassiouny has been involved in several strategic consultancies for various entities in the fields of financial services, real estate and venture capital. She was the primary trainer for executive financial training programs in financial analysis, valuation and modeling aimed at business professionals, bankers and entrepreneurs as well the finance trainer for the Venture-lab and Goldman Sachs 10,000 Women program at AUC.

Bassiouny’s current research interests are focused on investments and empirical market microstructure with a focus on emerging markets. Her research explores issues around the role of arbitrage in market efficiency, the dynamics of intraday trading and examining price discovery of co-integrated assets using high frequency datasets. Her work has been published in Journal of International Financial Markets, Institutions and Money; Applied Economics Letters and Emerging Markets Finance and Trade.

Education

• Ph.D. Management Sciences: Finance, ESADE Business School (2012)
• Master of Research (MRes), ESADE Business School (2009)
• Masters of Business Administration (MBA), The American University in Cairo (2005)
• Bachelor of Business Administration (BBA), The American University in Cairo (2003)

Research

• International Financial Markets
• Investments
• Empirical Market Microstructure
• Emerging Markets

Teaching

• BUS 221 Managerial Finance
• BUS 357 Multinational Business Finance
• BUS 359 Investments

Selected Publications

• Bassiouny, Aliaa, and Eskandar Tooma. “Extracting shadow exchange rates and foreign exchange premia during currency crises: an example from Egypt.” Applied Economics Letters 26.1 (2019): 32-36.
  
  
• Bassiouny, Aliaa, and Eskandar Tooma. “Trading Better Versus Making More: Evidence from an Emerging Market.” Emerging Markets Finance and Trade 53.8 (2017): 1779-1795.
  
  
• Bassiouny, Aliaa, and Eskandar Tooma. “The effect of political uprisings on the location of price discovery: Evidence from Egyptian cross-listed equities.” Emerging Markets Finance and Trade 50.5 (2014): 111-125.
  
  
• Ansotegui, Carmen, Aliaa Bassiouny, and Eskandar Tooma. “The proof is in the pudding: Arbitrage is possible in limited emerging markets.” Journal of International Financial Markets, Institutions and Money 23 (2013): 342-357.