College of Business
Department of Accounting, Economics, and Finance

Dr. Nandita Das, Associate Professor

EMail & Phone Number

Email Address:
Phone Number: +1-302-857-6940

Educational Qualifications

Ph.D. in Business & Economics, Lehigh University, Bethlehem, Pennsylvania, USA, 2004
M.S. in Economics, Lehigh University, Bethlehem, Pennsylvania, USA, 2000
MBA with Finance concentration, University of Saskatchewan, Saskatoon, Canada, 1997
B.Sc. in Dairy Science, Gujarat (presently Anand) Agricultural University, Gujarat, India, 1985
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Short Bio

Nandita Das has around 12 years of teaching experience at undergraduate and graduate level. She is an Associate Professor of Finance at Delaware State University where she is teaching for 4 years. She teaches Investments, Security Analysis & Portfolio Management, Managerial Finance and Personal Finance. She has successfully integrated technology in traditional classroom environment and she also has expertise in on-line teaching. She is mentoring undergraduate students successfully for over 10 years using student-club as a platform. Her current research focus is Corporate Governance and Entrepreneurial Finance.
Nandita Das researched on Hedge Fund for over 10 years and has published a book based on her doctoral dissertation. She taught at Wilkes University for 5 years and at Bloomsburg University of Pennsylvania for 2 years. She worked for National Dairy Development Board, India for 8 years. Nandita Das is a Chartered Financial Analyst and a CFP® professional. She has published over thirty papers in journals and conferences. Nandita Das completed her B.Sc. in Dairy Science from Gujarat (Currently, Anand) Agricultural University, India in 1985 and received her MBA from University of Saskatchewan, Saskatoon, Canada in 1997. She received her MS in Economics in 2000 and Ph.D. in Business & Economics in 2004, both from Lehigh University, Bethlehem, Pennsylvania, USA.
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Spring Term
Managerial Finance FIN 300
Security Analysis and Portfolio Management
FIN 445
Financial Foundations MBA 503
Investments and Portfolio Management MBA 641

Fall Term
Personal Finance FIN 320
Investments FIN 418
Financial Foundations MBA 503
Investments and Portfolio Management MBA 641

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Refereed Journal Publications

1. Das, Nandita, Herrmann, E., and Sicic, M., ‘Was It Worth It? The European Union Enlargement in 2004’, International Research Journal of Applied Finance Vol. V, Issue 7, pp. 897-908, 2014.
2. Andrade, Cristina, Bazelais, W., and Das, N., ‘Financial Literacy and Retirement Planning’, Journal of International Finance and Economics® (JIFE), Vol. 14, No. 3, October 2014.
3. Beugré, Constant D., and Das, N., ‘New Venture Creation in Emerging Economies: A Model of Crowd-Capitalism’, SAM Advanced Management Journal, 2013.
4. Das, Nandita, ‘Payouts for Rainouts: Weather Derivatives and Sporting Events’, The Exchange, ISSN 2325-4181 Online, Volume 2, No 1, pp. 64-80, 2013.
5. Das, Nandita, ‘Importance of Corporate Governance: Case of US-China Cross-Border M&A’, International Academy of Business and Economics, Volume 13, No 1, pp. 101-110, 2013.
6. Das, Nandita, ‘Does Investor Sentiment play a role in Hedge Fund Return?’, Indian Journal of Business and Economics, Volume 10, No 4, December 2011.
7. Das, Nandita and Muething, D. L., ‘Bias in Hedge Fund Data’, Pennsylvania Journal of Business and Economics, Fall 2007.
8. Das, Nandita, Kish, R. J. and Muething, D. L., ‘Modeling Hedge Fund Return’, Financial Decisions, Vol. 17, No. 3, Article 4, Fall 2005.
9. Das, Nandita, ‘A New Approach to Hedge Fund Classification’, Indian Journal of Economics & Business, Fall 2005.
10. Das, Nandita, ‘Development of an Analytical Framework for Hedge Fund Investment’, Published by the Foundation for Managed Derivatives Research, 2004.
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Books/Book Chapters

Das, Nandita, Hedge Funds: Literature Survey, Data Bias, Classification and Modeling (ISBN 978-3-639-18057-2), VDM Verlag Dr. Müller AG & Co. KG, September 8, 2009.
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Industry Experience

Associate Professor of Finance, Delaware State University, Dover, DE, USA, 2010-Present
Assistant Professor of Finance and Accounting, Wilkes University, PA, USA, 2005-2010
Assistant Professor of Finance, Bloomsburg University, Bloomsburg, PA, USA, 2003-2005
Visiting Assistant Professor, Lehigh University, Bethlehem, PA, USA, 2002-2003
Client Service Representative, MRS Inc., Toronto, ON, Canada, 1997-1998
Assistant Executive, National Dairy Development Board, India, 1986-1993
Trainee Executive, National Dairy Development Board, Anand, Gujarat, India, 1985-1986
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Research Grants
• First-Ever Innovation Grant, Delaware State University, 2013-2014
• Professional Development Grant, Delaware State University, 2010-2013
• Academic Enrichment Grant, Delaware State University, 2010-2011
• Financial Literacy Project Grant, Pennsylvania Credit Union Foundation, 2007-2010
• Mentoring Grant, Mentoring Task Force, Wilkes University, 2007-2009
• Research Award, Faculty Development Committee, Wilkes University, 2006-2008
• Research Grant for Doctoral Dissertation, Foundation of Managed Derivatives Research (FMDR), 2001-2003
• Best Conference Paper Award (‘Weather Derivatives – A Tool for Game Franchisers’), The Academic Forum, Williamsburg, VA, April 10-12, 2013
• Best Conference Paper Award (‘Bias in Hedge Fund Data’), Annual Meetings of Association of Pennsylvania University Business & Economics Faculty (APUBEF), State College, PA, 2004
• Doctoral Student Seminar of Financial Management Association International, 2002
• Warren-York Fellowship, Lehigh University, 2001
• Arthur E. Humphrey Teaching Assistant Award, Lehigh University, 2000-2001
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