Dr. Stephen ARO-GORDON

Dr. Stephen ARO-GORDON (Ph.D)
Muscat College
Department of Business and Accounting
P.C. Box: 2910 Ruwi, P.C: 112 Sultanate of Oman, Office Room: 0F04
Tel.: (+968) 24594376, 24503821, 24501181 Ext. 700
Award-winning academic and business analyst, Dr Stephen is an assistant professor and a chief examiner at the Department of Business and Accounting at Muscat College, Oman, a distinctive higher educational institution affiliated with the University of Stirling (UK) and Universiti Malaysia Pahang (Malaysia). He has 20+ years of experience in both Corporate and Academia, working across diverse business areas, including real estate and credit analysis, valuation, risk assets management, capacity development, general administration, and corporate planning and development for diversified private sector organisations, investors, government ministries, departments, agencies, and non-governmental bodies. Previously, he taught at Baze University, the Chartered Institute of Bankers of Nigeria, School of Banking Honours, and other leading business schools in Nigeria and India. Educated in Nigeria and the UK, he has been an external examiner in strategic management for ten years. Well-cited in leading refereed journals, his research has focused on strategic financial management practice, covering a range of emerging market issues in management accounting, corporate finance, financial econometrics, valuation, sustainable development, strategic/project management, and lately, big data technology applications. His latest funded research project on sustainable industrial capital budgeting practices has been sponsored by the Oman Ministry of Higher Education, Research, and Innovation. He has received several awards, including prizes for being the best graduating student at the University of Nigeria, the International Merchant Bank (IMB) Special Merit Award, and the Best Reviewer Award from the Journal of Emerging Issues in Economics, Finance and Banking. He strives to be an added value to people and any organisation where he is privileged to work as a business and management professor.
Book Review 
 
  1. Aro-Gordon, S. (2016, March). Book Review: Financial Management: A step-by-step approach by N. R. Parasuraman. SDMIMD Journal of Management, Vol. 7 (1), pp. 63-65, Online ISSN: 2320-7906, Print ISSN: 0976-0652.
Book Chapter
 
  1. Aro-Gordon, Stephen (2016). Dialectics of Investor-Consumer Behaviour Parity: a Conceptual Investigation. Contemporary Research in Management – Vol. V. by Mousumi Sengupta and Nilanjan Sengupta [Compilers]. Mysore: Shri Dharmasthala Manjunatheshwara Institute for Management Development (SDMIMD).  [ISBN: 978-93-83302-15-4].
  2. Stephen Aro-Gordon (2015). UPDC Plc: A business model for creating sustainable living environment in emerging Africa. Cases in Management- Vol IV. N.R. Parasuraman, Mousumi Sengupta and Nilanjan Sengupta and G.Srilakshminarayana. [Editors]. Mysore: Shri Dharmasthala Manjunatheshwara Institute for Management Development (SDMIMD). [ISBN:978-93-83302-14-7]
Journals
 
  1. Aro-Gordon, S., and Al-Raeesi, F. Y. M.  (2022, March). Sustainable HRM practice and organisational excellence: An empirical analysis. SDMIMD Journal of Management, 13(Special Issue), pp. 125-140. DOI: 10.18311/sdmimd/2022/29573,  https://www.informaticsjournals.com/index.php/sdmimd/article/view/29573/...
  2. Aro-Gordon, S., and Al-Sakiti, M. (2021, December). Advances in industrial capital budgeting practice: An overview of responses and discussions in Oman. International Journal of Mechanical Engineering 6(3), 3589-3601. ISSN: 0974-5823.
  3. Soundararajan, G., Ravikumar, A & Aro-Gordon, S. (2020) “Employers’ perception on graduate skill deficiency to suit productivity”, Humanities & Social Sciences Reviews, 8(3), pp 1415-1421 https://Doi.Org/10.18510/Hssr.2020.83142
  4. Chinnasamy, G., A., Hussein, A. M. A., and S. Aro-Gordon, (2019). Determinants of investment strategy: an empirical assessment of behavioural factors in the Omani context. ACRN Journal of Finance and Risk Perspectives, 8(1) 256-274. http://www.acrn-journals.eu/iframe-8/jofrp/jofrp/jofrpvol801p256s.html
  5. Aro-Gordon, S. (2017, September). Implementation of financial inclusion strategy in Nigeria. SDMIMD Journal of Management. 8 (2), 27-43. DOI: 10.18311/sdmimd/2017/17876.
  6. Aro-Gordon, S. (2017). Econometric analysis of exchange rate and export performance in a developing economy. Asian Economic and Financial Review 7 (4). 334-348. ISSN (e): 2222-6737; ISSN (p): 2305-2147. DOI: 10.18488/journal.aefr/2017.7.4/102.4.334.348. AESS Publications.
  7. Aro-Gordon, S. (2016, September). Leveraging information technology for effective performance appraisal in the Nigerian public service. SDMIMD Journal of Management. 7 (2), 21-38. DOI: 10.15533/sdm/2016/v7i2/104322 (India).
  8. Aro-Gordon, S., and J. Gupte (2016, September). Review of modern inventory management techniques. The Global Journal of Business and Management, 1(2), 1-22. ISSN 2455-9431.
  9. Aro-Gordon, S. (2016, May-July). Diversifying Valuation Skills: Discounted Cash Flow Imperatives for Sustainable Mortgage Finance in an Emerging Market. IDC International Journal, 3(3), 1-24. ISSN 2395-3365.
  10. Aro-Gordon, S., and Jaideep Gupte (2016, July). Overview of the classic economic order quantity approach to inventory management. The Business Age, 1(2), 1-16. ISSN: 2455-9423.
  11. Aro-Gordon, S. (2016). Building an Integrated Risk Model for Sustainable Portfolio Management – An Emerging Market Application. Global Journal of Contemporary Research in Accounting, Auditing & Business Ethics (GJCRA), Vol. 2 Issue 1, pp. 432-454. ISSN 2311-3162, http://globabizresearch.org/accounting/issues.php?id=235
  12. Aro-Gordon S. (2015). Sovereign debt and sustainable economic growth of developing countries: Further empirical analysis in Nigerian context. Annamalai International Journal of Business Studies and Research (AIJBSR), Special Issue, 7 (2), 215-233.  ISSN: 0975-749X
  13. Aro-Gordon, S. (2015). Equity Risk Premium in an emerging market economy. IOSR Journal of Economics and Finance. 6 (6), Ver. II (Nov. - Dec. 2015), pp. 01-10 http://www.iosrjournals.org/iosr-jef/papers/Vol6-Issue6/Version-2/A06620110.pdf  DOI: 10.9790/5933-06620110, e-ISSN: 2321-5933, p-ISSN: 2321-5925.
  14. Aro-Gordon, S. (2015, September). On risk-adjusted return performance of publicly traded real estate securities in an emerging market. International Journal of Recent Advances in Organizational Behaviour and Decision Sciences, 1 (3), 479 - 495. ISSN: 2311-3197. http://globalbizresearch.org/files/cf510_ijraob_stephen-aro-gordon-17930...
Courseware
 
  1. Aro-Gordon, S. (2021). Strategic Financial Management Seminar for PGDM Year II students (TERM VI), SDMIMD, Mysore.
  2. Aro-Gordon, S. (2015). Introduction to Financial Mathematics (Interest Theory). for PGDM Year II students (TERM V), SDMIMD, Mysore
  3. Aro-Gordon, S. (2015, November). Portfolio Risk Management for PGDM students (TERM V), SDMIMD, Mysore.
News
 
  1. Dr Stephen has led Muscat College students to win the First-Place Award at the Gulf Region Wide Student Case Study Competition 2020 – 2021. Theme: Fostering a corporate culture of accountability and transparency. https://www.pearlinitiative.org/events/event/summary/225
  2. OAQHE (Oman Association for Quality in Higher Education) Newsletter, 1st Issue, Sept. 2020, p. 9.
  3. Dr Stephen Aro-Gordon becomes a registered speaker on Motivation and Leadership at Knowledge Oman, a multi-award-winning knowledge sharing platform in the Sultanate of Oman designed to enhance skills and raise awareness about future jobs among school, college and university students in the widest scale possible. https://www.knowledgeoman.com/ko-talks.php [23 May 2020]
  4. Star of Mysore on IEC2015
  5. Deccan Herald story on IEC2015
Conference Papers
 
  1. Soundararajan, G., Aro-Gordon, S., and Ravikumar, A. (2021, December). Opinion on employability skillset: Perspective in Oman job market. 4th International Conference on Applied Sciences, Engineering, Technology, and Management – 2021, 29th & 30th December 2021 – Abstract of the Paper #0242, ISBN: 978-93-92105-12-8, p. 36.
  2. Aro-Gordon, S., and F. Y. M. Al-Raeesi (2021, December). Achieving corporate excellence through sustainable HRM practices: An empirical analysis. Proceedings of the 9th International HR Conference, SDMIMD, Mysore, India (Online), 17 December 2021 – Paper #IHR 379. Proceedings of the 9th International HR E-Conference on “Talent management and Leadership challenges in the new normal business” – HR Conference 2021 (sdmimd.ac.in), ISBN: 978-93-83302-52-9, pp. 1-22.
  3. Aro-Gordon, S., Hussein, A., Banu, R., Al-Siyabi, W., and Al Daraai, S. (2021, November). A model for sustainable post-pandemic economic recovery. Paper #246. Proceedings of the 6th International Conference on “Economic Growth and Sustainable Development: Emerging Trends. November 25-26, 2021, Mysuru, India. ISBN: 978-93-83302-50-5. https://www.sdmimd.ac.in/iec2021/conferencepapers/246.pdf, pp. 1-17.
  4. Soundararajan, G., S. Aro-Gordon, A. Ravikumar, D. R. Jesrani (2020, November). Employability Skills Needed in the Emerging Global Job Market: Stakeholders’ Perception. Soliman, K. S. Ed., Proceedings of the 36th International Business Information Management Association Conference (IBIMA), Theme: Sustainable Economic Development and Advancing Education Excellence in the Era of Global Pandemic, 4-5 November 2020 Granada, Spain. Conference Proceedings, pp. 4578-4584 (ISBN: 978-0-9998551-5-7, Published in the USA).https://u.pcloud.link/publink/show?code=kZCeIokZrrbe3SiQcHyryACEYOALQ51wpz9X#folder=7802801347
  5. Aro-Gordon, S., Queiri, A., Chinnasamy, G., Al-Salmi, M., & Al-Sakiti, M. (2020, September). Review of capital budgeting techniques: where can research add value in the Omani context? Soliman, K. S. Ed., Proceedings of the 35th International Business Information Management Association Conference (IBIMA), Theme: Education Excellence and Innovation Management: A 2025 Vision to Sustain Economic Development During Global Challenges, 1-2 April 2020, Seville, Spain. 3383-3393. ISBN: 978-0-9998551-4-1. https://u.pcloud.link/publink/show?code=kZYbkBkZdeK0fhT0KNuLUbwN2yDLtYJ5JSl7&lang=en#folder=6329211399
  6. Aro-Gordon, S., and Al-Sakiti, M. (2019) Building a Sustainable Entrepreneurship Ecosystem: A Reflection on the Pivotal Domains in Oman Context. Paper 213, International Conference on Banking, Finance and Business ICBFB Conference Proceedings, April 24-25, 2019 held at the College of Banking and Financial Studies, Muscat, Oman. 
  7. Aro-Gordon, S. (2016, November). Effectiveness of Financial Inclusion Strategy in Nigeria, Paper Id: 110; Compendium of Papers of the 2nd International Conference on Inclusive Economic Growth and Sustainable Development, Mysuru, India, November 18-19, 2016. ISBN: 978-93-83302-18-5.
  8. Aro-Gordon, S., & Gupte, J. (2016 January). Revisiting economic order quantity model: A pedagogic overview. Paper ID 30M-1, International Conference on Operations Management and Research (ICOMAR 2016): “Towards Operational Excellence”, Mysore, India, January 21-22, 2016, pp. 1-16. ISBN: 978-93-83302-11-6.
  9. Aro-Gordon, S., & Gupte, J. (2016 January). Contemporary Inventory management techniques: A conceptual investigation. Paper ID 30M-2, International Conference on Operations Management and Research (ICOMAR 2016): “Towards Operational Excellence”, Mysore, India, January 21-22, 2016, pp. 1-20. ISBN: 978-93-83302-11-6.
  10. Aro-Gordon, S., Kurup, A., Namitha, T. R. & Surya, L. (2016 January). To what extent can organizations successfully pursue ‘financial’ and ‘ESG’ goals simultaneously? Preliminary evidence. Paper ID 70M-4, International Conference on Operations Management and Research (ICOMAR 2016): “Towards Operational Excellence”, Mysore, India, January 21-22, 2016, pp. 1-15. ISBN: 978-93-83302-11-6.
  11. Aro-Gordon, S. (2015, December). Building a coalescent model for sustainable portfolio risk management: Further empirical analysis. Conference Proceedings of the Fourth International Conference on Global Business, Economics, Finance and Social Sciences, GB15_Kolkata Conference, Hyatt Regency Kolkata, Salt Lake City, Kolkata, West Bengal, 700098, India, Paper ID: KF516, December 18 – 20, 2015. ISBN: 978-1-63415-898-5.
  12. Aro-Gordon, S. (2015, December). An IT-based appraisal model for effective performance management system in Nigeria. Fourth International Conference on Managing Human Resources at the Workplace, IHR2015, Paper No.: 35, Mysore, December 4 & 5, 2015.ISBN: 978-93-833302-07-9.
  13. Aro-Gordon S. (2015, November).  Sovereign debt and sustainable economic growth of developing countries: Further empirical analysis in Nigerian context. International Conference on Global Economic Growth and Sustainability: Challenges and Prospects, IEC2015, Mysore, India, November 20-21, 2015.Paper ID: 350. ISBN: 978-93-83302-12-3
  14. Aro-Gordon, S. (2015, November). Rethinking valuation methodology for sustainable mortgage financing – A Nigerian perspective. International Conference on Global Economic Growth and Sustainability: Challenges and Prospects, IEC2015, Mysore, India, November 20-21, 2015.Paper ID: 351. ISBN: 978-93-83302-12-3.
  15. Aro-Gordon, S., & Uppin, C. (2015, September). Impact of contemporary technological tools on financial mathematics and financial management services. Programme Details and Initial Book of Abstracts, International Symposium on Mathematical and Statistical Finance, Training the Next Generation of African Financial Mathematicians, Mathematics/Statistics Complex, University of Ibadan, Nigeria, September 1-3, 2015, Paper no. 31, p. 22.

Presentations

  1. Aro-Gordon, S. (2022, April). The Digital Future of Marketing: Impact and Implications for Business Strategy. Presentation at the International Conference on Business Renaissance – The Era of Digital Cure, organised by the PG and Research Department of Commerce, Ethiraj College for Women, Chennai, India, in association with The Madras Chamber of Commerce and Industry (MCCI)  on 21st April 2022. DOI: 10.13140/RG.2.2.16996.86407.
  2. Aro-Gordon, S., and Al-Sakiti, M. (2021, December). Advances in Industrial Capital Budgeting Practice: An Overview of Responses and Discussions in Oman. 4th International Conference on Applied Sciences, Engineering, Technology, and Management – 2021, 29th & 30th December 2021 – Paper #0242.
  3. Aro-Gordon, S., Al Hosni, A., Al Salmi, M., Queiri, A., & G. Soundararajan (2021, November). Five points about sustainable industrial capital investments in emerging markets – Evidence from the Sultanate of Oman. 5th International Online Conference on Advances in Business and Law (ICABL), University of Dubai, UAE, November 20-21, 2021, Paper # 33.
  4. Aro-Gordon, S., Hussein, A., Banu, R., Al-Siyabi, W., & S. Al Daraai (2021, November). A model for a sustainable post-COVID-19 pandemic economic recovery strategy. 6th International Conference on Economic Growth and Sustainable Development (Online), SDMIMD, Mysore, India: 25 & 26 November 2021 – Paper # 246.
  5. Aro-Gordon, S. (2021, October). Reflections on Nigeria’s National Financial Inclusion Strategy. A virtual presentation to James Hope University, Lagos, Nigeria. Tuesday, 12 October 2021.
  6. Aro-Gordon, S. (2021, July). The Emerging Habits of Highly Effective Management Students: Reminiscing SDMIMD India. Highlights of an interactive webinar with Year 1 PGDM Students hosted by SDMIMD, Mysore, India on Friday 16 July 2021.
  7. Aro-Gordon, S. (2021, April). Writing successful research proposals for securing external and internal funds. Presentation at the virtual Professional Development Programme organised by the Research Unit, Oman Tourism College, Muscat, Sultanate of Oman on 8 April 2021.
  8. Aro-Gordon, S. (2021, February). Capital Budgeting Techniques using Excel Spreadsheets. Highlights of the Presentation at the webinar on “Financial Management – An International Perspective” organised by the KCT Business School, Chinnavedampatti, Coimbatore – 641049, Tamil Nadu, India, on 26 February 2021.
    DOI: 10.13140/RG.2.2.19691.26408.
  9. Aro-Gordon, S. (2021, February). How to write funded research project proposals: A few thoughts Presentation at the Virtual Workshop organised by the Research Unit, Muscat College, Sultanate of Oman on 18 February 2021. DOI: 10.13140/RG.2.2.17957.83682
  10. Aro-Gordon, S. (2020, December). Developing your report writing skills - Format and some useful ideas. A Webinar presentation to Muscat College Students on 22 December 2020, DOI: 10.13140/RG.2.2.15215.66721.
  11. Aro-Gordon, S. (2020, November). Global financial system: Yesterday, today, and tomorrow. A Virtual (via Microsoft Teams) Guest Lecture Presentation to Second Year Finance Specialization PGDM/Master’s Students hosted by SDMIMD, Mysore, India on 27 November 2020.
  12. Aro-Gordon, S., & Abilash, K. M. (2020, August). “Bankruptcy prediction: Further tests of Altman and Taffler Z-score models”, Paper # 163 presented at the Bannari Amman Institute of Technology (BIT) Virtual International Conference on Metamorphosis of Modern Management and Research (IC 3MR 2.0), 13 August 2020.
  13. Aro-Gordon, S., A. Queri, G. Chinnasamy, M. Al-Satmi, & M. Al-Sakiti, M. (2020, May). “Review of capital budgeting techniques: Where can research add value in the Omani context?” 35th IBIMA Conference, Seville, Spain, 2 May 2020. ISBN: 978-0-9998551-4-0.
  14. Aro-Gordon, S. (2019, June). Keeping projects under control: Understanding the Earned Value Management EVM Approach. Presentation at the first EVM Seminar 2019 for PGDM Year II Students, SDM Institute for Management Development, Mysuru, India, 6-7 June 2019, DOI:10.13140/RG.2.2.28630.09288.
  15. Aro-Gordon, S. (2016, November). Green Banking in Nigeria – The First Steps. Invited Presentation at the 2nd International Conference on Inclusive Economic Growth and Sustainable Development, Mysuru, India, November 19, 2016. DOI: 10.13140/RG.2.2.13685.17122.
  16. Aro-Gordon, S. (2015, December). Emerging trends in social science research. Presentation at the Interactive Session with UG and PG students held at PES University, Bangalore South Campus, Electronic City, Bangalore 560100, India, on December 21, 2015. DOI: 10.13140/RG.2.1.4864.3921.
  17. Aro-Gordon, S. (2015, December). Intelligent research: Hands-on training on EViews application. Presentation at the Interactive Session with UG and PG students held at PES University, Bangalore South Campus, Electronic City, Bangalore 560100, India, on December 21, 2015. DOI: 10.13140/RG.2.1.1726.3125.
  18. Aro-Gordon, S. (2015, December). Academic report writing: Format and some useful ideas. Presentation at the Interactive Session with UG and PG students held at PES University, Bangalore South Campus, Electronic City, Bangalore 560100, India, on December 21, 2015. DOI: 10.13140/RG.2.1.1464.1687.
  19. Aro-Gordon, S. (2015, December). Tomorrow’s graduate: Further thoughts on the ALE imperatives. Presentation at the Interactive Session with UG and PG students held at PES University, Bangalore South Campus, Electronic City, Bangalore 560100, India, on December 21, 2015. DOI: 10.13140/RG.2.1.4609.8965.
  20. Aro-Gordon, S. (2015). Overview of Financial Econometrics, Faculty Development Programme, Bapuji Institute of Engineering and Technology (BIET), Davangere, Karnataka, India, 9-10, December 2015.
  21. Aro-Gordon, S. (2015). Living ‘hale and hearty’ after MBA: Few thoughts on the A-L-E imperatives, Interactive sessions with MBA students, Bapuji Institute of Engineering and Technology (BIET), Davangere, Karnataka, India, December 10, 2015.
  22. Aro-Gordon, S. (2015). Dangote: Some leadership lessons from the richest black person in the world, Presentation at a Leadership Seminar for PGDM students at SDMIMD, Mysore, India, November 18, 2015.
  23. Aro-Gordon, S. (2015, November). Strategies of Foundations in Managing Corporate Social Responsibility: A Nigerian Case Study, presentation at the Technical Sessions of the International Conference on Corporate Social Responsibility: Towards Building Socially Responsible Business (CSR 2015), held at the SDM Institute for Management Development (SDMIMD), Mysore, India, on November 6, 2015.
  24. Aro-Gordon, S. (2015, October). Dialectics of Investor-Consumer Behaviour Parity – An African Perspective, Valedictory Address delivered at the National Conference on Consumer Behaviour: Contemporary Issues & Emerging Trends held at the SDM Institute for Management Development  (SDMIMD), Mysore, India, on October 30, 2015.
  25. Aro-Gordon, S. (2015). Sino-Nigerian Economic Relationship: Aspects and Prospects. Presentation at an interactive session with visiting Shangai University MBA Students held at  SDMIMD, Mysore, India, October 6, 2015.
SDMIMD Adjunct Faculty Dr Stephen Aro-Gordon (Right) led Muscat College students to the 1st Place Position in Gulf Region Pearl Initiative Student Case Study Competition, July 2021. Highlights of the Award are available at: https://www.youtube.com/watch?v=l4P4wWRmlSA
Dr Stephen Aro-Gordon (middle) at a recent function in Muscat, Sultanate of Oman, with Dr Rengasamy & Dhanapackiam Elango, Honorary Editor at J.A. Alpha Business Research & Publishers PVT Ltd, Dr Rangarajan, Arab Open University (AOU), Mr Gopalan, formerly Head of Investment Banking, National Bank of Oman (NBO), & Dr Kabaly, MBA Coordinator at AOU.
Dr Stephen Aro-Gordon of Muscat College Oman, Department of Business and Accounting, provided first EVM seminar on “Keeping Projects under Control: Understanding the EVM Earned Value Management Technique” to PGDM (MBA) Year II students at SDM Institute for Management Development (SDMIMD), #1, Chamundi Hill Road, Siddharthanagar, Mysuru, India on 6-7 June 2019.
 
Dr. Stephen Aro-Gordon and Dr Sriram (middle) with PGDM Year II students at the end of interactive sessions of Financial Statement Analysis at SDMIMD, Mysore, India, in November 2016. 
Dr. Aro-Gordon with PGDM students at the end of a workshop on Portfolio Risk Management held on November 23, 2015 at SDMIMD, Mysore.
Dr. Stephen ARO-GORDON with Shanghai Students @ SDMIMD, Mysore