Dr. Muhammad Ahad

Lecturer

Lahore Business School

Biography

Dr. Muhammad Ahad is a Lecturer in Lahore Business School (LBS) at The University of Lahore, Lahore, Pakistan. He has received his Ph.D. from the School of Management (AACSB, EQUIS, AMBA), Beijing Institute of Technology, Beijing China. Before that, he has obtained his Bachelor's and Master's degrees in Economics from COMSATS University Islamabad (CUI), Lahore Campus, Pakistan. His achievements include fully funding Chinese Government Scholarship (CSC) for Ph.D., fully funding provincial scholarships for Bachelor (BS Hon's) and Master (MS) degrees. Moreover, he has published 33 research papers in top-tier international journals including Energy Economics, Renewable Energy, Resources Policy, International of Finance and Economics, International Journal of Emerging Markets. His accumulated impact factor is 109+ with 700+ citations. His research interest includes International Financial Markets Investments, Energy and Environmental Economics, and Time Series Analysis.

"Coming together is a beginning, staying together is progress, and working together is a success." – Henry Ford

Official Email: muhammad.ahad@lbs.uol.edu.pk
Personal Email: m.ahad68@yahoo.com

Education

SrNo.	Year	Degree	Board/University
1	2014-2017	Master of Science (MS)	COMSATS University Islamabad, Lahore Campus
2	2010-2014	Bachelor of Science (BS)	COMSATS University Islamabad, Lahore Campus
3	2020-2024	Doctor of Philosophy (Ph.D.)	Beijing Institute of Technology, China

Experience

SrNo.	From	To	Category	Designation	Organization
1	03/07/2016	04/27/2018	Academic Experience	Principal	PEAK Solutions College
2	08/05/2014	12/26/2015	Academic Experience	Lecturer	Global Institute

Publications

SrNo.	Title	Category	Sub Category
1	The Role of Shadow Economy to Determine CO2 Emission in Pakistan: Evidence from Novel Dynamic Simulated ARDL Model and Wavelet Coherence Analysis	Publication	Journal Article
2	Safe-Haven Investments Against Stock Returns in Pakistan: A role of Real Estate, Gold, Oil and US Dollar	Publication	Journal Article
3	Does Crime-Tourism Nexus hold for Pakistan?	Publication	Journal Article
4	Asymmetric Impact of Oil Price on Trade Deficit in BRICS Countries: A Multiplier Dynamic Analysis	Publication	Journal Article
5	Does Governance Quality Matter for the Development of Financial Institutions in Pakistan?	Publication	Journal Article
6	Impact of Shadow Economy on Renewable and Nonrenewable Energy Consumption in Pakistan: Evidence from Quantile Cointegration and Causality Analysis	Publication	Journal Article
7	A Validity of Environmental Kuznets Curve under the Role of Urbanization, Financial Development Index and Foreign Direct Investment in Pakistan	Publication	Journal Article
8	Asymmetric Impact of Oil Price on Trade Balance in BRICS Countries: Multiplier Dynamic Analysis	Publication	Journal Article
9	Do movements in macroeconomic determinants affect American depository receipt prices? Evidence from France	Publication	Journal Article
10	"Asymmetrical relationship between oil price shocks and trade deficit: Evidence from Pakistan "	Publication	Journal Article
11	Does insurance-growth nexus hold for Malaysia?	Publication	Journal Article
12	"!Does financial development promote industrial production in Pakistan? Evidence from combined cointegration and causality approach."	Publication	Journal Article
13	Dynamics of Unidimensional and Multidimensional Inequality in Pakistan: Evidence from Regional and Provincial Level Study	Publication	Journal Article
14	Oil Demand Forecasting for China A Fresh Evidence from Structural Time series Analysis	Publication	Journal Article
15	Does Financial Development Promote Industrial Production in Pakistan? Evidence from Combine Cointegration and Causality Approach	Publication	Journal Article
16	Asymmetrical Relationship between Oil Price Shocks and Trade Deficit: Evidence from Pakistan	Publication	Journal Article
17	Does Insurance-Growth nexus hold for Malaysia?	Publication	Journal Article
18	Is Natural Resource Abundance a Stimulus for Financial Development in the USA?	Publication	Journal Article
19	Econometric Analysis of Money Demand in a Dollarized Economy: The Case of Tajikistan	Publication	Journal Article
20	An Aggregate and Disaggregate Energy Consumption and CO2 emission: Fresh Evidence from Structural Breaks and Combine Cointegration for China	Publication	Journal Article
21	A Dynamic Relationship between Financial development and Import Demand for Bangladesh: An Evidence from Combine Cointegration and Granger Causality Approach	Publication	Journal Article
22	Modelling asymmetric impact of home country macroeconomic variables on American depository receipts: Evidence from Eurozone	Publication	Journal Article
23	Modelling Asymmetric Impact of Home Country Macroeconomic Variables on American Depository Receipts Evidence from Eurozone	Publication	Journal Article
24	Impact of Financial development on Trade Balance: An ARDL Cointegration and Causality Approach from Pakistan	Publication	Journal Article
25	Financial Development and Money Demand Function: Cointegration, Causality and Variance Decomposition Approach for Pakistan	Publication	Journal Article
26	Financial Development and Estimation of Import Demand Function in Pakistan: Evidence from Combined Cointegration and Causality Test	Publication	Journal Article
27	Modelling the Asymmetric Impact of Defense Spending on Economic Growth: An Evidence from Non-linear ARDL and Multipliers	Publication	Journal Article
28	Does Globalization Impede Environmental Quality in Bangladesh? The Role of Real Economic Activities and Energy Use	Publication	Journal Article
29	Nexus between Income Inequality, Crime, Inflation and Poverty: New Evidence from Structural Breaks for Pakistan	Publication	Journal Article
30	Does Tourism-led Growth Hypothesis exist in Pakistan? A Fresh look from Combine Cointegration and Causality Approach with Structural Breaks	Publication	Journal Article
31	The Determinants of International Migration in Pakistan New Evidence from Combined Cointegration, Causality and Innovative Accounting Approach	Publication	Journal Article

Conferences

SrNo.	Year	Level	City	Country	Confence
1	2019	International	Islamabad	Pakistan	“Policy Dialogue on Migration”, “UN Migration Agen
2	2021	International	Barcelona	Spain	21st RSEP International Economics, Business & Finance Conference
3	2021	International	Istanbul	Turkey	22nd RSEP International Economics, Business & Finance Conference

Awards

SrNo.	Year	Awarding Organization	Description
1	2014-2017	Punjab Government	Received full funded Master (MS) scholarship from Punjab Government.
2	2010-2014	Punjab Government	Received Provincial level full funded Bachelor (BS) scholarship.
3	2020-2024	Chinese Scholarship council (CSC)	Received Fully Funded International Scholarship for Ph.D. In China.

Memberships

Courses Taught

SrNo.	Type	Title	University	Semester
1	BBA	Macroeconomics	Global Institute	2
2	MBA	Macroeconomics Analysis	University of Lahore	3
3	BSC	Microeconomics	PEAK Solutions College	2
4	BBA	Macroeconomics	University of Lahore	3
5	BBA	Microeconomics	University of Lahore	2
6	MBA	Business Economics	University of Lahore	2

Project Supervisor

Services

SrNo.	From - To	Organization	Job Description
1	01/28/2019 - 06/16/2020	University of Lahore	Admission campaign (Spring-2019, Summer-2019, Fall
2	01/28/2019 - 06/16/2020	University of Lahore	Batch Head MBA (Morning) Program, (Spring-2019, Fa
3	10/03/2018 - 02/21/2019	University of Lahore	Deputy Cluster Head (Fall-2018).

Books

Research Fundings

Extracurricular Activities

SrNo.	Hobbies	Interests

Languages and Skills

SrNo.	Langues	Skills
1	English	Good
2	Urdu	Good
3	Punjabi	Good

Active Collabrations

Consulting Experience

Achievements / Rewards

Dr Akhtar represents Pakistan, explores collaboration with Germany on global issues

Description

In a substantial ambassadorial effort, Prof Dr Rabia Akhtar (Director of the Center for Security, Strategy, and Policy Research (CSSPR)) represented Pakistan as a thought leader in a delegation of five eminent scholars from Asia. This delegation, constituted by the Asia chapter of Friedrich-Ebert-Stiftung (FES), visited Berlin, Germany, to engage in dialogues and meetings aimed at understanding Germany’s viewpoints on key global issues, from June 13-15, 2023.

The FES Strategic Foresight Group, comprising scholars from Pakistan, Thailand, India, South Korea, and Indonesia, sought to gain insights into Germany’s perception of the world, the interconnectedness of geopolitics and geoeconomics, and the overall security and stability of different regions. By interacting with parliamentarians, scholars, and think tank experts, the group aimed to identify Germany’s foreign policy direction amidst intensifying great power competition, technological advancements, and the Russo-Ukrainian war.

Dr Akhtar articulated Pakistan’s aspirations to become a regional and global connector, and expressed her belief that the country could serve as Germany’s partner in promoting peace. She said academic collaboration between the two countries must lay the groundwork for better ties. In that regard, she hoped that the University of Lahore (UOL) and CSSPR will like to establish linkages, to work on security and strategic issues with policymakers, universities, and think tankers in Germany.

Moreover, during the meetings with German officials and academicians, including Dr.Martin Thummel (Deputy Head for East Asia, Southeast Asia and the Pacific, Federal Foreign Office), Dr Akhtar along with the delegation underlined the importance of collaboration between nations in an increasingly interconnected world. It was argued that Europe and Asia should not be considered separate arenas, as common threats and opportunities necessitate a collective approach.

The participants engaged in thought-provoking discussions on how Germany’s foreign policy has evolved amid geopolitical tensions and how the country aims to strike a balance between values-based and interests-based approaches, particularly in the face of the evolving Sino-U.S. rivalry. Central to these discussions was Germany’s embrace of Zeitenwende, signifying a transformative shift in its foreign and defence policies following the war in Ukraine. German officials highlighted that this philosophy would enable their country to contribute positively to regional and global stability.

Furthermore, the delegation stressed the importance of inter-regional dialogues, trade, and economic cooperation between Germany and Asian countries during their meetings with parliamentarians. Geoeconomics emerged as a key theme, with experts acknowledging its potential to promote interdependence, peace, and stability. However, they also expressed caution, and were mindful of the geopolitical complexities that could hinder its effectiveness.

Dr Ashraf becomes Pakistan’s top and world’s 12th most cited Plant Science researcher

Description

What traits set exceptional academic leaders apart? One is their ongoing commitment to academic excellence. Prof Dr Muhammed Ashraf (Rector, UOL), in an interview with the Press and Publications Cell (PPC) of the University of Lahore (UOL), shared how his commitment to academics and research led him to stand amongst the top-cited Plant Science researchers in the world.

The second edition of Research.com rankings of the best researchers was released recently. According to these rankings, Dr Ashraf stood 12th in the list of top-cited researchers with a massive number of 72,461 citations and 1,169 publications in the field of Plant Science.

While sharing his sentiments with the PPC team, he said, “It is a great honour and privilege for me to be among the world’s top-cited Plant Science researchers. Barely people from third-world countries like Pakistan get such immense acknowledgement for research, but I, hailing from a developing country, take pride in the fact that I was able to garner the limelight along with researchers from advanced countries like America, Germany, etc.”

Motivation for Plant Science Research

For most of his academic life, Dr Ashraf has been conducting research anchored on Plant Science, his field of specialisation for which he has recently been recognised globally. Revealing his motivation behind his research drive, he mentioned that “Research is the key element for institutions and even for academicians to leave an unprecedented imprint on the global academic spectrum. The only sound way to project novel ideas pertaining to your field is through research, and that is what keeps me right on track with research. To make significant contributions to the field of Plant Science, I try to continually explore and conduct impactful research.”

Global Acclamation

In continuing the discussion of his research motivation, on a lighter note, he shared that he received a congratulatory email from Mr Rattan Laal (The Ohio State University, the United States). “To my surprise, Mr Laal, the world’s most cited researcher, shared his congratulatory remarks with me. I am humbled to the core by this global acclamation that I have received so far,” he said.

Catering to Contemporary Plant Science Issues

In every field of study, researchers try to address and explore solutions for the most pressing issues. In Plant Science and Agronomy, the focal point of researchers nowadays is the impact of climate change on plants and, broadly, on the agriculture sector. Upon being asked about the impact of his research, the UOL Rector stated that “Climate change, undoubtedly, has adversely affected the lives of plants, animals, and even humans. My focus is particularly on plants and agriculture. Through my research, I have always tried to address and highlight the pressing issues that are being faced mainly by Asian and African countries, and this is also one of the reasons that my research is getting global acknowledgement because it caters to global issues. Majorly, my work is based on different plant stresses such as drought, salinity, waterlogging, temperature extremes etc.”

Fundamentals of Research, Publications, and Rankings

Not many people are familiar with the Research.com rankings, and in fact, they lack even the most basic knowledge of research rankings. During his interview with PPC, Dr Ashraf summarised the entire research ranking process by saying that “A researcher gets ranked based on his number of publications and citations. Researchers should try to publish their work in international journals, which will increase their chances of maximum citations. The more publications and citations, the higher the H-index, and ultimately, the better the chances of getting ranked at the top.”

Tips for soon-to-be Early-career Researchers

There is no short cut to conduct profoundly organic research, and that is what Dr Ashraf said. “Dedication and hard work are the keys to achieve research goals. Nevertheless, to stand out in the pool of researchers, it is pertinent, especially for Plant Science research aspirants, to focus on technological and digital advancements, keeping oneself up-to-date with international contemporary research trends, and fuelling the urge of discovery by gaining more and more knowledge,” he advised the students.

Dr Tahir explores the role of financial risk-taking attitude in consumer satisfaction

Description

A consumer’s attitude of financial risk tolerance (FRT) plays an important role in his/her financial decisions, thereby determining his well-being. FRT is a consumer’s preference for the amount of risk he undertakes while making investments. Recently, a lot of research studies have been conducted on consumer well-being and FRT. Being motivated by this trend in financial research, Dr Muhammad Tahir (Assistant Professor, Lahore Business School, the University of Lahore (UOL)) and fellow researchers explored the relationship amongst financial literacy, propensity to plan (PTP), FRT, financial satisfaction, and life satisfaction.

Though scholarly acumen for consumer well-being is rapidly developing, not much is known regarding the collective roles of financial literacy, PTP, and FRT. Dr Tahir’s study addressed this gap by showing that financial literacy, risk-taking attitudes, and planning propensities are all interconnected and necessary ingredients to improve financial and life satisfaction.

Dr Tahir’s analytical study titled “Role of financial risk-taking attitude in personal finances and consumer satisfaction: evidence from Australia” revealed a strong partial mediation of FRT between financial literacy and financial satisfaction. Moreover, the analysis showed that a high PTP combined with a high FRT results in high financial satisfaction.

For achieving the main objective of the research, the Household, Income, and Labour Dynamics in Australia (HILDA) survey was taken into consideration. Furthermore, Dr Tahir used the variance-based partial least squares structural equation modelling (PLS-SEM), also known as the PLS path modelling approach, to test the proposed hypotheses of the study empirically.

The findings of Dr Tahir’s research study showed the importance of creating financial plans in accordance with risk tolerance. Considering the relevance of increasing financial literacy, Dr Tahir suggested that the use of tools that could help consumers plan and spent in risky investments might lead them to have a more financial and life satisfaction.

UOL chemist explores an eco-friendly alternative thickening agent for textile printing

Description

Textile printing is the most versatile and vital methodology for introducing colour and design to textile fabrics. Different types of thickeners (chemical compounds) are used for printing, such as polysaccharide thickener, synthetic thickener, and emulsion thickener. Synthetic thickeners are highly criticised for endangering the environment at the manufacturing stages.

Dr Dure Najaf Iqbal (Associate Professor, Department of Chemistry, The University of Lahore) and her team of researchers explored an eco-friendly alternative for synthetic thickeners that is effective in the textile printing process. The team revealed that guar gum could serve as an outstanding natural thickener, stabiliser, and gelling agent and could as well be used in various industrial units, including food, cosmetics, textiles, oil fracturing, and mining. Guar gum is one of the most important naturally occurring non-ionic high molecular weight polysaccharides and consists of galactomannan, which has vast applications in various fields.

Dr Iqbal and her team synthesised carboxymethyl guar gum (CMG) via monochloroacetic acid under alkaline conditions. The carboxymethylation of guar gum was accomplished by the Willianson ether technique and the reaction conditions were optimised during the course of the experiment. Guar derivatives with variable degrees of substitution (DS) were prepared and confirmed by Fourier transform infrared (FTIR) spectroscopy. The DS was determined quantitatively by the titration method for each derivative.

For this research study, native guar gum was purchased from National Guar Industries, Karachi, with a molecular weight of 1.043 106 g/mol. Whereas, all the chemicals and reagents used were of analytical grade and were purchased from Merck, Germany.

The result proved that the substituted guar gum is an eco-friendly, non-hazardous thickener as compared to synthetic thickeners. Furthermore, the penetration properties, fixation ability, and colour fastness of guar gum were compared with those of commercial alginate thickeners. The printing trial of the thickener CMG also showed that carboxymethyl guar gum could easily replace conventional thickeners without any compromise on printing results and could prevent fabric stiffness. The tested water-holding capacity (a central aspect that determines commercial applications of gums) of guar gum made it ideal for improving the texture of end products in diverse industrial formulations.

Also, it was revealed that the implementation of carboxymethyl guar gum in textile printing can reduce the economic burden associated with exporting alginate and other synthetic thickeners. This, in turn, could enable exporters to offer competitive pricing without compromising on quality.

Faculty / Staff Profiles

Dr. Muhammad Ahad

Lecturer

Lahore Business School

Biography

Education

Experience

Publications

Conferences

Awards

Courses Taught

Project Supervisor

Services

Books

Research Fundings

Extracurricular Activities

Languages and Skills

Active Collabrations

Consulting Experience

Dr Akhtar represents Pakistan, explores collaboration with Germany on global issues

Dr Ashraf becomes Pakistan’s top and world’s 12th most cited Plant Science researcher

Dr Tahir explores the role of financial risk-taking attitude in consumer satisfaction

UOL chemist explores an eco-friendly alternative thickening agent for textile printing