Rocket Fuel

graduate: Faculty

Naser Abumustafa, MBA, PhD
  • Chair, Department of Finance and Economics
  • Professor
San Francisco
  • 415-442-6500


Corporate Finance

Portfolio Management

International Finance and Investment

Capital Budgeting

Asset Pricing Models

Risk Analysis

Financial Derivatives

Cost of Capital

Capital Structure

Dividend Policy


  • PhD (finance), Fordham University

  • MBA (finance), Manhattan College

  • BS (business administration), Caldwell College

  • AS (computer science), Monroe College


2010 - Present: Professor of Finance. New York Institution of Technology. School of Management. Bahrain/Jordan.

2010: Associate Professor of Finance. New York Institution of Technology, School of Management. Bahrain/Jordan

2008 - 2009: Personal Adviser to Chairman and Managing director, Kuwait Investment Company

2006 - 2010: Associate Professor and MBA Program Director, Gulf University for Science and Technology. Kuwait

2006: Senior Executive Adviser, Kuwait and Middle East Financial Investment Company

2005 – 2006: Financial Adviser, Coast Investment and Development Company

2004 - 2006: Assistant Professor, Gulf University for Science and Technology. Kuwait

2003 - 2004: Assistant Professor and Finance Department Representative. Al- Zaytoonah University, Jordan

2002 - 2003: Visiting Assistant Professor. Earlham College, Richmond, Indiana, USA

1998 - 2002: Financial Analyst, NIA Corporation

1993 - 1998: Investment Consultant, Sana Corporation


  • “Recursive Cointegration Analysis of Purchasing Power Parity: An Application to Asian Countries” (With Salah A. Nusair). Forthcoming. The American Economist Journal.

  • "Investigating the Implications of Derivative Securities in Emerging Stock Markets: Islamic Perspective." (With Sulaiman T. Al-Abdul Jader). Journal of Derivatives & Hedge Funds. Advance. Volume 17, Issue 2, pp 115-121. August 2011.

  • “Insider Trading During the 2008 Financial Crisis” (With Salah A. Nusair). Applied Financial Economics. Volume 21, Issue 5. January 2011.

  • “Explaining the long-term real equilibrium exchange rates through purchasing power parity (PPP): An empirical investigation on Egypt, Jordan and Turkey” (With Mete Feridun). African Journal of Business Management Vol.4 Issue 7, pp 1260-1265. July 2010.

  • "Do domestic firms benefit from multinational enterprises? A meta-analysis of the empirical research." (With Mohamed M. Mostafa). Journal of Transnational Management, USA. Volume 14, Issue 1, pp.3-15. March 2009.

  • “Financial and Social Barriers to Bank Merger and Acquisition.” (With Mansour Alshamali and Mansour Alfadly) Special issue on Investments Opportunities in Middle Eastern Markets: The Use of Derivatives Techniques. Journal of Derivatives & Hedge Funds Volume 14, Issue 3-4. pp160-197. (February 2009)

  • "Benefiting from Diversity in Middle Eastern Stock Markets." Applied Financial Economics. Volume 18, Issue 3, pp.229-237. February 2008.

  • "Hybrid Securities and Commodity Swaps; Tools to Hedge Risk In Emerging Stock Markets: Theoretical Approach." Journal of Derivatives & Hedge Funds. Volume 13 Number 1. May 2007

  • "A Review of Regulation, Opportunity and Risk in Gulf Cooperation Council Stock Markets: The Case of Kuwait" International Research Journal of Finance and Economics. Volume 12, Issue 8, pp 134-146. March 2007.

  • "Risk Diversification in Emerging Economies." Risk Management Journal (Palgrave Macmillan Journals). Volume 9, Issue 1. February 2007.

  • "Development of an Early Warning Model for Currency Crises in Emerging Economies: An Empirical Study Among Middle Eastern Countries." International Journal of Management. Vol. 23, no. 2, pp.403-411 September 2006.

  • "The Integration of Arab Emerging Markets." Development, the journal of the Society for International Development (Palgrave Macmillan Journals). Volume (49). Issue 2, June 2006.

  • "New Evidence of the Validity of Purchasing Power Parity from Jordan." Journal of Applied Economics Letters. Volume 13, Number 6, May 2006.

  • "Re-Examining the Validity of Purchasing Power Parity in Emerging Countries." Research Journal of International Studies. Issue 3, pp. 65-75 March 2006.

  • "New Evidence of Anomalies from Muslim Emerging Stock Markets." (With Sulaiman T. Al-Abdul Jader), Journal of Kuwait Economic Review. Volume (9). Issue 19, June, 2005

  • "Evaluating the Effect of the Economic Development Policies of the National Palestinian Authority on the Right to Work through the Transitional Period." (With Naser Abd-Alkaream), Al-Zaytoonah Journal of Scientific Studies & Research. Volume (1), Humanities Series, No. (2), June, 2004.


  • American Economic Association

  • American Econometric Society

  • American Association for the Advancement of Science

  • New York State Economic Association