Ify Michael Chijuka

Dr Ify Michael Chijuka PhD, MSc, BSc

Senior Lecturer in Accounting and Finance

Dr Michael Ify Chijuka is a highly accomplished academic with a distinguished career in banking and finance education, research, and community service. With a comprehensive educational background and a wealth of teaching experience, he has made significant contributions to academia, particularly in the areas of behavioural finance, investment analysis, and financial risk management.

Dr. Chijuka holds a Ph.D. in Finance from the University of Benin, Nigeria, where he graduated as the Best Graduating Student. His doctoral dissertation focused on "Behavioural Biases and Investment Decisions in the Nigerian Capital Market," demonstrating his early interest in the psychological aspects of financial decision-making. He also holds a Master of Science degree in Finance from Coventry University, UK, where he graduated with Distinction, further solidifying his expertise in the field. His bachelor’s degree in Banking and Finance, obtained from the University of Benin, Nigeria, was awarded with First Class Honours, reflecting his academic excellence from the outset of his career.

Dr. Chijuka is well-versed in designing and delivering high-quality lectures, seminars, and workshops at the university level. He has a talent for developing comprehensive course curricula enriched with real-world case studies and industry examples, ensuring students grasp theoretical concepts and their practical applications effectively. His courses cover a wide range of topics, including statistical analysis, behavioural finance, financial mathematics, econometrics, banking operations, investment analysis, financial risk management, financial economics, financial regulation, and ethics in banking and finance.

Throughout his career, Dr. Chijuka has held various academic positions, starting as an Assistant Lecturer, and progressing to his current position as a Senior Lecturer at the University of Greenwich, London. He has taught numerous courses both at the undergraduate and postgraduate levels, not only in banking and finance but also in sustainable procurement and environmental standards. His teaching methods emphasize student engagement, critical thinking, and practical application, enabling students to develop a deep understanding of complex financial concepts.

Dr. Chijuka is actively engaged in research activities, contributing significantly to the advancement of knowledge in banking and finance. He has published extensively in reputable academic journals, focusing on diverse topics such as insurance penetration, Islamic banking, dividend policy, behavioural biases in investment decisions, debt burden, and economic development. His research demonstrates a keen interest in understanding the intricacies of financial markets and their impact on economic development.

Beyond academia, Dr. Chijuka is deeply committed to community service and volunteer work. He actively participates in initiatives aimed at improving education, healthcare, environmental conservation, community development, and youth empowerment. His involvement with orphanages and community organizations underscores his dedication to making a positive impact on society, particularly among marginalized groups.

Accounting and finance

Responsibilities within the university
  • Conducting lectures, seminars, and workshops on various banking and finance subjects
  • Developing course materials, including syllabi, assignments, and assessments
  • Providing academic advising and mentoring to students (Over hundred students annually from 2015- till date)
  • Supervising student research projects and dissertations (Over five students annually from 2015-till date)
  • Engaging in scholarly research and publication activities
  • Collaborating with colleagues to enhance the department's curriculum and teaching methodologies
  • Teaching courses in accounting, banking, financial management, and investment analysis
    Lead student-centred discussions and facilitated hands-on learning experiences
  • Participating in curriculum development and assessment initiatives
  • Advising students on academic and career goals
  • Conducting research and publishes scholarly articles

Awards
  • Delta State first graduate scholarship, Nigeria (2012)
  • Distinction (MSc. Finance), England (2013)
  • Best graduating PhD Finance student award, University of Benin (2017)

Research / Scholarly interests

Dr. Michael Ify Chijuka's research interests encompass a broad spectrum of topics within the field of banking and finance. His scholarly pursuits revolve around understanding the intricate dynamics of financial markets, investment behaviours, and economic development. Specifically, his research interests include:

  • Behavioural Finance: Investigating the psychological factors influencing individual and institutional investment decisions, with a focus on behavioural biases and their impact on market outcomes.
  • Financial Market Efficiency: Exploring the efficiency of financial markets and the implications of market anomalies and inefficiencies on investor behaviour and portfolio management strategies.
  • Risk Management: Analysing methods for identifying, measuring, and mitigating financial risks faced by organizations, including credit risk, market risk, liquidity risk, and operational risk.
  • Islamic Finance: Investigating the principles and practices of Islamic banking and finance, including Sharia-compliant financial instruments, ethical investing, and the impact of Islamic finance on economic development.
  • Investment Analysis and Portfolio Management: Studying asset valuation techniques, portfolio optimization strategies, and the performance of financial assets in various market conditions.
  • Economic Development: Exploring the relationship between financial development, economic growth, and poverty alleviation, particularly in emerging markets and developing economies.
  • Corporate Finance: Investigating corporate financial decision-making processes, capital structure theories, dividend policy, and corporate governance practices.
  • Financial Econometrics: Applying statistical methods to analyse economic and financial data, including time series analysis, regression analysis, and panel data techniques, to derive meaningful insights into financial markets and economic phenomena.
  • Sustainable Finance: Examining the integration of environmental, social, and governance (ESG) factors into investment decision-making and financial risk management, with a focus on promoting sustainable development and responsible investing practices.

Key funded projects

Capital structure of quoted Firms in UK (MSc. Finance), England - Funded by Delta-State Government, Nigeria

Recent publications
  • Isedomi I.M & Chijuka, I. M. (2024), the Determinants of Insurance Penetration in Africa African Development Finance Journal. 7(1), 199- 221. A publication of University of Nairobi. Kenya.
  • Chijuka I. M & Izekor A. O (2023), Perception and Adoption of Islamic Banking: Exploring Factors Influencing Consumer Behavior in Nigeria. Spiru Haret Journal of Academic Research in Economics. 15(2). A publication of University of Spiru Haret University. Romania.
  • Chijuka I. M (2023), Behavioral Biases and Investment Decisions in the Nigerian Stock Exchange.  African Development Finance Journal.  5 (4), 133-153. A publication of University of Nairobi. Kenya.
  • Chijuka, I. M., & Hussein, M. (2023), Dividend Policy and Consumer Goods Sector in Nigeria. EuroEconomica, 42(1), 38–47. A publication of Danubius University of Galati. Romania
  • Chijuka I. M & Oshoma B. O (2023), Examining the influence of anchoring bias and Overconfidence bias on investment decision-making in the Nigerian exchange group: A case study of investors in Edo-State, Nigeria. Sagbama Journal of Economics and allied sciences 1(2), 22-34. Journal of the Department of Economics, University of Africa, Nigeria.
  • Oshoma B. O & Chijuka I. M (2023), Debt burden and economic development: A case study of Nigeria from 1985 to 2022. Sagbama Journal of Economics and allied sciences 1(2), 9-21. Journal of the Department of Economics, University of Africa, Nigeria.
  • Oshoma B. O & Chijuka I. M (2023), Relationship between Money Supply and the Performance of Stock Market in Nigeria: A Time Series Analysis (1985- 2022). Journal of economics and development studies (JEDS). 10(1). 237-256. a publication of the department of Economics, Kaduna State University. Nigeria
  • Andrew O. I & Chijuka I. M (2023), Macroeconomic Indicators and the Nigerian Capital Market Performance: Short Run and Long Run Analyses (2000 - 2021). The African Banking and Finance Review Journal (ABFRJ). 6(6). 1-17 .Journal of the Department of Banking and Finance, Faculty of Management Sciences, Nnamdi Azikiwe University, Awka, Nigeria.
  • Momoh H.& Chijuka, I.M (2022) Financial Performance and firm Value of Quoted Manufacturing Companies in Nigeria. Finance and Banking Review. 16(2) 77-92. A publication of the department of Banking and Finance, University of Benin. Nigeria
  • Evbayiro-Osagie E. I and Chijuka I .M (2021) Psychological factors and investment decisions in the Nigeria capital market. Oradea Journal of Business and Economics. 6(1) 33-41. Romania
  • Nkejika B.N & Chijuka I.M (2020) Building effective project management and portfolio evaluation: Technique and approach. Management sciences review (MSR). 11(1) 44-53. A publication of the Faculty of Management Sciences, University of Benin
  • Ogieva, O.F & Chijuka, I.M., (2019), Interest Rate Spread, Financial Vulnerability Index and Financial System Stability in Nigeria. Amity Journal of Finance 4 (2). 11-25.
  • Chijuka I.M & Nkejika B.N (2019) Efficiency of data envelopment in the analysis of mortgage banking sector in Nigeria. Journal of economics and development studies (JEDS). 6(2) 230-249. A publication of the department of Economics, Kaduna State University.
  • Chijuka I.M & Iroh E.M. (2019). Tax revenue and economic growth in Nigeria. Journal of economics and development studies (JEDS). 7(1) 164-184. A publication of the department of Economics, Kaduna State University.
  • Chijuka, I.M & Iroh E.H. (2018) Sunspot, Bubbles and the Nigerian Capital market. Finance and Banking Review (FBR) .12(1&2) 107-132. A publication of the department of Banking and Finance, University of Benin
  • Ogieva, O.F. & Chijuka I.M. (2018)Atest of market Micro Structure Model.  Journal of Management Science Review (MSR), 9(2), 18-37. A publication of the Faculty of Management sciences, University of Benin.
  • Chijuka, I.M & Iroh E.H. (2017). Stochastic dominance and portfolio selection. Finance and Banking Review (FBR) .11(1&2) 94-105. A publication of the department of Banking and Finance, University of Benin
  • Chijuka, I.M & Momoh H. (2018) Hubris Hypothesis and Model of Managerial Irrationality. Amity journal of training and Development, 3(2) 53-73
  • Chijuka, I.M. & Isibor, E. (2017). Adoption of International Financial Reporting Standards (IFRS) and Measurement of Reporting Quality: A Review of Methodologies. Issues in Economics and Finance, 1(1).  
  • Chijuka, I.M. & Idolor, E.J. Ph.D. (2017). Government Health Finance and Life Expectancy in Nigeria. Igbinedion University Journal of Accounting, 3, 393-418. A publication of the department of accounting, Igbinedion University.
  • Idolor, E.J. Ph.D. & Chijuka, I.M. (2017). Financial Report as a Tool for Assessing Bank Performance. Igbinedion University Journal of Accounting, 3, 277-321. A publication of the department of accounting, Igbinedion University.
  • Chijuka, I.M. & Isibor E. (2017). Corporate Governance and Firm Performance: A Pre and Post IFRS Analysis. Journal of Management Science Review (MSR), 8(1), 42-73. A publication of the Faculty of Management sciences, University of Benin.
  • Enakirerhi, L. I., & Chijuka, M. I. (2016). The Determinants of Capital Structure of FTSE 100.Firms in the UK: A Fixed Effect Panel Data Approach. Research Journal of Finance and Accounting, 7(13), 56-73.
  • Chijuka, I.M. & Akpekpe, O. (2016). An Appraisal of Commercial bank Credit to Agriculture Sector in Nigeria. ESUT Journal of Accountancy, 7(2), 151-155. A publication of the department of accounting, Enugu state University of science and technology.
  • Chijuka, I.M.  & Isibor, B.O. (2016). Non-performing Loans and Banks Profitability.  Journal of Business and Value Creation (JBVC), 5(1), 79-99. A publication of the department of marketing, University of Port Harcourt.
  • Chijuka, I.M. & Agbadudu, J.E. & (2016). A critical Evaluation of the Impact of Corporate Governance on Bank performance in Nigeria. Research Journal of Financial Sustainability and Reporting. 1(2) 53-61. A publication of the department of accounting, Enugu state University of science and technology.
  • Agbadudu, J.E. & Chijuka, I.M. (2016). Determinants of Debt and Equity Ratio as a Measure of Firm Financing. Journal of Research in Management and Social Sciences (JORMASS), 2(2), 23-32. A publication of college of management sciences, Michael Okpara University of Agriculture.
  • Igbinosa, S.O. Ph.D. & Chijuka, I.M. (2015). Financial Development and Economic Growth in Sub-Saharan Countries. ESUT Journal of Accountancy, 6(1), 110-123. A publication of the department of accounting, Enugu state University of science and technology.
  • Igbinosa, S.O. Ph.D. & Chijuka, I.M. (2014). Stock Market Volatility and Economic Growth: An Empirical Comparison between Nigeria and the United Kingdom. Multi-Disciplinary Journal of Research and Development Perspectives, 3(2), 72-81. An official publication of the University of Calabar.
  • Igbinosa, S.O. & Chijuka, I.M. (2014). The Determinants of Capital Structure of Listed Firms in Nigeria. European Journal of Accounting Auditing and Finance Research, 2(10), 96-111. A publication of European Centre for research and Development
  • Osamwonyi, I.O. Ph.D. & Chijuka, I.M. (2014). The Impact of Macroeconomic Variables on the Profitability of Listed Commercial Banks in Nigeria. European Journal of Accounting Auditing and Finance Research, 2(2), 85-95. A publication of European Centre for research and Development.

Presentations

E library Databases and its Importance to Research-(17-19th July, 2023). Center of Excellence in Reproductive Health Innovation (CERHI) University of Benin, Benin City, Nigeria

- Process of Publishing Articles for Researchers and Research purposes (Facilitator)