Dr. Zahid is a financial economist and econometrician with an outstanding academic background, holding MSc and PhD degrees in Economics from the London School of Economics and the University of Birmingham, UK. Prior to his tenure at Bangor University, he served in various academic roles, including Lecturer in Economics, Statistics, and Econometrics at the University of Sheffield, Lecturer in Econometrics and Finance at the University of Abertay, Teaching Assistant at the University of Birmingham, and Assistant Professor in Economics and Finance at universities in the Middle East.

Dr. Zahid has a strong teaching portfolio, having delivered a variety of undergraduate and postgraduate courses, including Microeconomics, Macroeconomics, Managerial Economics, Statistics, Financial Econometrics, and Advanced Investment Theory and Practices. He is known for tailoring his teaching methods to meet the diverse needs of his students and has also designed and coordinated several modules within his areas of expertise. His commitment to student learning is further evidenced by his supervision of undergraduate, postgraduate, and PhD students.

An accomplished researcher, Dr. Zahid specializes in monetary policy and the portfolio behavior of commercial banks. He has published extensively in internationally recognized peer-reviewed journals and continues to work on impactful research projects. Despite a demanding teaching workload, he excels in disseminating his findings to broader academic and professional audiences, reflecting his dedication to advancing knowledge in his field.

z.muhammad@bangor.ac.uk

• Professional: Senior Fellowship (SFHEA)
  Advance HE, 2025
• Professional: Postgraduate Certificate in Higher Education (PGCertHE)
  Abertay University, 2013
• PhD. Economics (Financial Economics)
  University of Birmingham, 2010
• MSc. Management (Managerial Economics)
  London School of Economics, 2004
• MPA . Master in Public Administration
  University of the Punjab, 1994
• BSc. Physics, Mathematics and Statistics
  Karachi University, 1991

Undergraduate Teaching:

• Advanced Investment Theory and Practices
• Econometrics
• Financial Markets and Institutions
• Money and Macro

2020

• PublishedThe Portfolio Behaviour of Saudi Commercial Bank
  Muhammad, Z., Bajwa, I. A., Rafi, W. & Sayed, A. M., 2020, In: Journal of Entrepreneurship Education. 23, S2
  Research output: Contribution to journal › Article › peer-review

2016

• E-pub ahead of printPrice Discovery and Risk Transfer in the Brent Crude Oil Futures Market
  Abba, S., Kouhy, R. & Muhammad, Z., 17 Jun 2016, (E-pub ahead of print) In: International Journal of Financial Markets and Derivatives. 5, 1, p. 23-35
  Research output: Contribution to journal › Article › peer-review

2015

• E-pub ahead of printExpected Utility and Portfolio Selection: An econometric study for Pakistan’s banking sector
  Muhammad, Z., 5 Mar 2015, (E-pub ahead of print) In: American Journal of Finance and Accounting. 4, 1, p. 1-18
  Research output: Contribution to journal › Article › peer-review

2014

• PublishedModelling Long Memory in Volatility of Oil Futures Returns
  Abba, S., Muhammad, Z. & Kouhy, R., 1 Oct 2014, In: The Macrotheme Review. 3, 8
  Research output: Contribution to journal › Article › peer-review
• PublishedTrading Volume and Return Relationship in the Crude Oil Futures Markets
  Abdullahi, S. A., Kouhy, R. & Muhammad, Z., 30 Sept 2014, In: Studies in Economics and Finance . 31, 4
  Research output: Contribution to journal › Article › peer-review

2012

• PublishedExploring oil price – exchange rate nexus for Nigeria
  Suleiman, H., Muhammad, Z. & Kouhy, R., 3 Dec 2012, In: OPEC Energy Review. 36, 4, p. 383-395
  Research output: Contribution to journal › Article › peer-review

2011

• PublishedThe real exchange rate of an oil exporting economy: Empirical evidence from Nigeria.
  Suleiman, H. & Muhammad, Z., 1 Sept 2011, In: FIW Working Paper. 72.
  Research output: Contribution to journal › Article

2010

• PublishedMonetary Transmission Mechanisms and Identified Long-Run Relationships between the Banking Sector's Balance Sheet and the Macroeconomy in Pakistan.
  Ford, J. L. & Muhammad, Z., 1 Jul 2010, RePEc- Department of Economics Discussion Paper, University of Birmingham, p. 10-21.
  Research output: Contribution to specialist publication › Article
• PublishedSafety First and Portfolio Selection: An econometric study for Pakistan’s banking sector.
  Ford, J. L. & Muhammad, Z., 1 Jun 2010, RePEc- Department of Economics Discussion Paper, University of Birmingham, p. 10-18.
  Research output: Contribution to specialist publication › Article