Dr Nadia Benbouzid BA, MSc, PhD

Associate Professor in Finance

Dr Nadia Benbouzid is an Associate Professor in Finance and the Academic Portfolio Lead in Finance at the University of Greenwich. She is also a Senior Fellow of the Higher Education Academy (SFHEA) and an accomplished scholar and researcher with a strong background in banking and finance.

With over 11 years of experience in Higher Education, Dr Nadia Benbouzid currently serves as Programme Leader for the MSc Accounting and Finance programme across both the September and January cohorts. She has extensive teaching experience, having led one of the largest undergraduate modules in the Business School, Introduction to Finance and Economics (FINA1126, Level 4) and is currently Module Leader for Financial Markets and Products (FINA1121, MSc).

Beyond her teaching at Greenwich, Dr Benbouzid is an external examiner for several UK universities as well as for a UK Finance Professional Body. Dr Nadia Benbouzid also acts as an international Higher Education advisor, providing expertise in developing high-quality education systems and supporting institutions in transition. In addition, she has delivered MSc-level teaching at the University of Greenwich’s partner institution, IIFE, in Hanoi, Vietnam. Prior to joining Greenwich in 2014, she taught Financial Management at Queen Mary University of London. Dr Benbouzid holds a PhD in Finance from Queen Mary University of London, where her research examined credit risk in the banking sector, focusing on Credit Default Swaps (CDS), their determinants and associated regulatory challenges. She also earned an MSc in Banking and International Finance from Bayes Business School, City St George’s University of London (formerly Cass Business School, City University of London) and a BA in Banking and Financial Economics from London Metropolitan University.

Dr Nadia Benbouzid’s research focuses on credit risk in the banking sector, with a particular focus on the relationship between CDS spreads and financial sustainability/green finance. She explores both macroeconomic and bank-level determinants of credit risk across developed and emerging markets, examining the role of financial stability, market efficiency and financial development in shaping CDS spreads. Her recent work highlights the link between bank credit risk and macroprudential policies, with specific attention to the effectiveness of counter-cyclical capital buffers.

Accounting and finance

Responsibilities within the university

MBA Finance Programme Leader

Module leader

  • Financial Markets and Products (MSc) (2017 – present)
  • Introduction to Finance and Economics (BA/BSc) (2017 – present)
  • Personal Tutor (2014- present)

BA and MSc modules

  • Introduction to Finance and Economics (BA/BSc) (2017 - present)
  • Financial Markets and Risk (MSc) (2017 - present)
  • Financial Markets and Products (MSc) (2017 - present)
  • Investment Management (BA/BSc) (2015-2017)
  • Personal and Professional Development (BA/BSc) (2014 – 2017)
  • Global Banking and Financial Regulation (MSc) (2014-2017)
  • Investment Management (MSc) (2014-2017)
  • Placement Tutor (2017-2018)

Awards
  • 2024 - Nominated for the UoG "Mentor of the Year Award 2024"
  • 2022 - Awarded the UoG “Most Collaborative Colleague Award 2022”
  • 2020 – Nominated for the UoG “Student Led Teaching Award 2020 - Inspirational Teaching award”,
  • 2019 - Nominated for the UoG “Student Led Teaching Award 2019 - Excellence in Teaching”.
  • 2018 - Awarded the UoG “Excellence in Research Award, Early Career Researcher (ECR) category”
  • 2015 - Nominated for the UoG “Rising Star Award”.

Recognition

    Recognition and Recent Trainings

    • November 2023: Senior Fellowship of Higher Education Academy (SHEA)
    • April 2022: Certified Management and Business Educator (CMBE), Chartered Association of Business Schools
    • June 2021: Greenwich Certificate in Academic Programme Leadership, University of Greenwich, UK.
    • September 2022: “Emergency First Aid at Work” Certificate - awarded by the British Red Cross, UK.
    • February 2020: Mental Health First Aid Champion (MHFA), England.
    • May 2018: Certificate of STATA Software proficiency: Timberlake Consultancy, “Recent Development in Casual Inference and Program Evaluation using Stata”, Bayes Business School, City University of London.
    • August 2016: Fellowship of Higher Education Academy (FHEA)
    • September 2014 - July 2016: Postgraduate Certificate in Higher Education (PGCERT), University of Greenwich
    • April 2011: Certificate of STATA Software proficiency, awarded by Timberlake Consultancy, Fitzwilliam College, University of Cambridge
    • 2005 – 2007: Awarded two MERIT Scholarships from London Metropolitan University for excellent academic performance. 2005/2006 and 2006/2007 academic years - Won £2,000 funding for each Merit Scholarship

    Membership in Committees, Communities and Academic Citizenship

    • Co-Leader/Member of the Organizational Committee for the T&L Festival Committee (2024)
    • Member of Curriculum Framework policy development, “Research and Pedagogy working group”, (2020-2021)
    • Member of Institute of Political Economy, Governance, Finance and Accountability (PEGFA), University of Greenwich
    • Member of the Scholarship Excellence in Business Education (SEBE) – University of Greenwich (UoG)
    • Member of the UoG Greenwich Business School Inclusion Forum
    • Member of the UoG Accounting, Finance and Economics (AFE) Teaching and Learning Mentors program – UoG
    • Certified Member of the Institute of Leadership and Management, UK (April 2021- present)
    • Member of the Financial Engineering and Banking Society (2012 to present) - UK.

Research / Scholarly interests
  • Bank Capital Regulation, Securitization
  • Credit risk in the banking sector;
  • Determinants of CDS spreads before, during and after the financial crisis;
  • Macro- and bank-level drivers of credit risk in developed and emerging markets
  • Impact of financial stability, market efficiency and financial development on CDS spreads.

Recent publications

Article

Hoang, Bao Trung , Benbouzid, Nadia, Mallick, Sushanta, Stojanovic, Aleksandar (2025), Green loans and firm performance evidence of signalling and impact investing effects. Wiley. In: , , , . Wiley, European Financial Management ISSN: 1354-7798 (Print), 1468-036X (Online) (doi: https://doi.org/10.1111/eufm.70003) NB Item availability restricted.

Benbouzid, Nadia , Kumar, Abhishek, Mallick, Sushanta K., Sousa, Ricardo M. , Stojanovic, Aleksandar (2022), Bank credit risk and macro-prudential policies: role of counter-cyclical capital buffer. Elsevier. In: , , , . Elsevier, Journal of Financial Stability, 63: 101084 . pp. 1-19 ISSN: 1572-3089 (Print), (doi: https://doi.org/10.1016/j.jfs.2022.101084).

Benbouzid, Nadia , Mallick, Sushanta K., Sousa, Ricardo M. (2017), An international forensic perspective of the determinants of bank CDS spreads. Elsevier. In: , , , . Elsevier, Journal of Financial Stability Journal of Financial Stability, 33 . pp. 60-70 ISSN: 1572-3089 (Print), (doi: https://doi.org/10.1016/j.jfs.2017.10.004) NB Item availability restricted.

Benbouzid, Nadia , Mallick, Sushanta K., Leonida, Leone (2017), The non-monotonic impact of bank size on their default swap spreads: cross-country evidence. Elsevier. In: Paris Financial Management Conference, 12-14 Dec 2016, IPAG Business School 184, Boulevard Saint-Germain 75006 Paris , . Elsevier, International Review of Financial Analysis, 55 . pp. 226-240 ISSN: 1057-5219 (Print), (doi: https://doi.org/10.1016/j.irfa.2017.09.006).

Benbouzid, Nadia , Mallick, Sushanta, Pilbeam, Keith (2017), The housing market and the credit default swap premium in the UK banking sector: A VAR approach. Elsevier. In: , , , The housing market and the credit default swap premium in the UK banking sector: A VAR approach. Elsevier, Research in International Business and Finance, 44 . pp. 1-15 ISSN: 0275-5319 (Print), (doi: https://doi.org/10.1016/j.ribaf.2017.01.009).

Benbouzid, Nadia , Mallick, Sushanta K., Sousa, Ricardo M. (2017), Do country-level financial structures explain bank-level CDS spreads?. Elsevier. In: , , , Journal of International Financial Markets, Institutions and Money. Elsevier, Journal of International Financial Markets, Institutions and Money, 48 . pp. 135-145 ISSN: 1042-4431 (Print), (doi: https://doi.org/10.1016/j.intfin.2017.01.002).

Conference item

Decker, Olufemi Sallyanne , Yan, Lili, Benbouzid, Nadia (2020), Diagnostic assessment in banking and finance as a means of improving curriculum inclusivity, teaching and learning. In: SHIFT 2020 – The University of Greenwich Annual Conference of Learning, Teaching and Assessment, 10 Jan 2020, London, UK , . , (doi: ) NB Item availability restricted.

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