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Ontario Tech acknowledges the lands and people of the Mississaugas of Scugog Island First Nation.

We are thankful to be welcome on these lands in friendship. The lands we are situated on are covered by the Williams Treaties and are the traditional territory of the Mississaugas, a branch of the greater Anishinaabeg Nation, including Algonquin, Ojibway, Odawa and Pottawatomi. These lands remain home to many Indigenous nations and peoples.

We acknowledge this land out of respect for the Indigenous nations who have cared for Turtle Island, also called North America, from before the arrival of settler peoples until this day. Most importantly, we acknowledge that the history of these lands has been tainted by poor treatment and a lack of friendship with the First Nations who call them home.

This history is something we are all affected by because we are all treaty people in Canada. We all have a shared history to reflect on, and each of us is affected by this history in different ways. Our past defines our present, but if we move forward as friends and allies, then it does not have to define our future.

Learn more about Indigenous Education and Cultural Services

Kamal Smimou

Associate Professor


Faculty of Business and Information Technology

Contact information

Business and Information Technology Building - Room 3054
North Oshawa
2000 Simcoe Street North
Oshawa, ON L1G 0C5

905.721.8668 ext. 3699


Dr. Kamal Smimou likes nothing better than investing in his students because the payback is enormous. He came to Ontario Tech University in 2007 and was drawn to the emphasis on research and teaching—which, in his books, are the two halves of a solid education. In management, it is particularly important for students to understand the relevance and utility of both concepts and methodologies. Dr. Smimou's teaching objective is to help students see how they can apply particular knowledge, information and tools to practical situations (e.g. to offer and explain theories, approaches and techniques they can use to unravel business problems, obtain better predictions or explain real-world results). His view of learning is best defined by a mastery orientation, where a student is constantly working toward mastery of the course material, and is provided with opportunities to succeed.

Professional affiliations and service

  • Member of the American Finance Association (AFA)
  • Lifetime member of the Western Finance Association (WFA); member of the Financial Management Association (FMA) and the European Finance Association (EFA)


  • Bachelor of Statistics
  • Master of Business Administration (Finance)
  • Certification in Higher Education Teaching
  • PhD in Management (Finance)

Research and expertise

  • analytics and financial innovation
  • asset pricing: liquidity, political risk assessment
  • derivatives securities: commodity futures, currency options
  • ethical investing and socially responsible investing (SRI)
  • finance and ethics
  • international finance: contagion, risk management and the emerging markets
  • investments and portfolio choice: liquidity, risk management and optimization, and quantitative finance
  • energy economics and energy financial management
  • business education
  • University of Manitoba Distinguished Dissertation Award, 2005
  • fraudulent firms, fraud risk and investment decisions
  • market reaction to political information
  • perceived teaching quality, student performance instruments, and satisfaction
  • commodity futures
  • currency options
  • portfolio management and global risk management
  • risk management and optimization in finance


  • Publications

    Dr. Smimou has a list of publications in refereed journals and proceedings, conference awards and presentations to his credit. He has published articles on:

    • asset pricing
    • business education
    • commodity futures
    • international finance and emerging markets
    • investments and portfolio choice
    • market microstructure
    • risk management and optimization

    His recent papers have been published in:

    • Applied Financial Economics
    • Emerging Markets Review
    • European Journal of Operational Research
    • International Review of Financial Analysis
    • Journal of Alternative Investments
    • Journal of Education for Business
    • Journal of Risk Finance
    • Omega
    • Other publications, including various conference proceedings in the field

    He has been an academic ad-hoc referee for conferences and journals such as:

    • Applied Economics
    • Emerging Markets Finance and Trade
    • Emerging Markets Review
    • International Business Review
    • Journal of International Business Studies (JIBS)
    • Journal of International Financial Markets,  Institutions and Money (JIFMIM)
    • Omega
    • Quantitative Finance
    • The American Economist
    • Business Ethics