Basma Majerbi

Dr. Majerbi is an associate professor of finance at Gustavson School of Business, University of Victoria. Her research interests include international finance, ESG and impact investing, and climate-related financial risks and opportunities. Her teaching integrates sustainable finance, topics into core finance courses in various programs including the MBA in Sustainable Innovation. She is a recipient of multiple awards including Research Excellence, Best MBA Professor, Innovation Award, Service Excellence, and IAB Community Engagement Award. 

Basma is currently leading the UVic Impact Investing Hub (VI3Hub), a multi-disciplinary, solutions-driven platform whose mission is to accelerate investments in climate solutions and help companies and investors align with the sustainable development goals (SDGs), through education and capacity building, action research and community engagement. 

Basma is also a Technical Advisor with the International Monetary Fund’s Institute for Capacity Development where she contributes to training of government officials in developing countries on topics related to financial development, financial inclusion, and other financial sector issues. She is a member the steering committee of the Canadian Sustainable Finance Network (CSFN) and the Research Advisory Council of the Institute for Sustainable Finance, and is co-founder and co-chair of the International Workshop on Financial System Architecture and Stability (IWFSAS), an annual conference that focuses on topics related to sustainable finance. Basma also serves on the Board of Directors of the South Island Prosperity Group and is a member of the impact investment committees of the University of Victoria and the Victoria Foundation. Basma holds a PhD in Finance from McGill University and a MSc. in International Finance from HEC Montreal.

Journal Publications

Andrew, K., Majerbi, B. & Rhodes, E. (2022). Slouching or speeding toward net zero? Evidence from COVID-19 energy-related stimulus policies in the G20, Ecological Economics. Vol. 201. https://doi.org/10.1016/j.ecolecon.2022.107586

Chung, H., Majerbi, B., & Rizeanu, S. (2015). Exchange Risk Premium and Firm Characteristics. Emerging Markets Review, Vol.22, 96-125.

Majerbi, B. & Rachdi, H. (2014). Systemic Banking Crises, Financial Liberalization and Governance. Multinational Finance Journal, 18 (3/4), 281-336.

Chaieb I., Errunza V. & Majerbi, B. (2013). Do Emerging Markets Provide Currency Diversification Benefits? International Journal of Banking, Accounting and Finance, 5, (1/2), 102-120.

Bouslimi L., Majerbi, B. (2012). The Role of Non-bank Financial Institutions and Credit Unions in Economic Growth. BRASSARD, M.-J. et E. MOLINA, dir.), The Amazing Power of Cooperatives, 665.

Carrieri, F., & Majerbi, B. (2006). The Pricing of Exchange Risk in Emerging Stock Markets. Journal of International Business Studies, 37, 372-391.

Carrieri, F., Errunza, V. & Majerbi, B. (2006). Does Emerging Markets Exchange Risk Affect Global Equity Prices. Journal of Financial and Quantitative Analysis, 41(3), 511-540.

Carrieri, F., Errunza, V. & Majerbi, B. (2006). Local Risk Factors in Emerging Markets: Are they Separately Priced? Journal of Empirical Finance, 13(4/5), 444-461.

Recognitions & Awards

Grants

• PICS Opportunity Partnership Program Grant ($180,000; 2021-2013), Co-Principal Investigator 
  
  
• SSHRC Partnership Development Grant ($199,557.00; 2016–2019), Principal Investigator
  
  
• SSHRC Connections Grant ($16,954.00; 2016-2017), Co-Investigator
  
  
• CFI-Leaders Opportunity Fund, Research Grant ($60,000.00; 2013-2016), Principal Investigator
  
  
• BC Knowledge Development Fund, Research Grant ($60,000.00; 2013-2016), Principal Investigator
  
  
• SSHRC Insight Grant ($63,000.00; 2006–2009), Principal Investigator

Courses Taught

• Managerial Finance (MBA)
• International Financial Management (MGB)
• Finance for Impact (MBA)

Training & Capacity Building Courses (with IMF)

• Financial Development and Financial Inclusion
• Monetary Policy
• Financial Markets Analysis 
• External Vulnerabilities and Policies 
• Macroeconomic Management and Financial Sector Issues

Media:

• Integrating Sustainability into Finance Curriculum in Business Schools
• Business School Slow to Practice What they teach on Sustainability

Community Events:

• People, Planet and the Pandemic – Part I: What Role for Impact Investing in the Post-Covid Recovery – Conversation with Michael Meehan, Board Chair, UK Sustainable Investment and Finance Association
• People, Planet and the Pandemic – Part II: Community Recovery & Resilience Through Impact Investing – Conversation with Dawn Bowles, Co-Director, Expanding Access to Impact Investment, at New Market Funds
• Victoria Forum Webinar: The “Great Reset”: Making Finance Work for an Inclusive and Resilient Future (webinar Champion)
• What's the Verdict? Can Impact Investment Humanize Capitalism? Panel discussion at the 2022 Rising Economy Conference