Dr Handy Tan

Senior Lecturer in Banking and Finance

Faculty:Lord Ashcroft International Business School

Department:Accounting, Finance and Operations Staff

Location: Chelmsford

Areas of Expertise: Business, management, leadership and law , Accounting and Finance

Handy Tan is a Senior Lecturer in Banking and Finance, based on our Chelmsford campus. Handy’s expertise is in the area of financial econometrics (theoretical and empirical), econometrics modelling (simulations) in volatility and forecasting, risk management, options and derivatives and banking and finance.

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Handy has acquired academic and professional knowledge in finance and accounting based on his studies at the University of Southern California, University of Saint Andrews and University of Essex. He has previously worked for KPMG as an External Auditor and HSBC as a Regulatory and Risk Analyst within HSBC’s Risk Management Department.

His primary interests is in the area of empirical financial modelling and forecasting whilst maintaining a good balance with theoretical aspects of econometrics. He is also keen on studying and implementing risk management models following Basel Committee’s framework on Banking Supervision as well as the phase-in arrangements for Basel III framework.

He has worked with many students from A-level to PhD level on interdisciplinary research in applying econometric models covering the fields of Finance, Accounting, Political Science, Sociology, Economics, Statistics, and Risk Management to demonstrate the ubiquity of econometric methods and models in various disciplines.

Honors and awards
  • Fellow with the Higher Education Academy - 2016
  • Associate Fellow with the Higher Education Academy - 2014
  • Excellent in Teaching Award 2014/5, University of Essex
  • PhD full tuition assistantship, University of Essex
  • The Sir Lee Quo-Wei Fund, University of Saint Andrews
  • Business School Fund Award, Marshall School of Business, USC
  • Ronald J. Kuhn Fellowship Recipient, Leventhal School of Accounting, USC
  • University of Southern California Dean’s List
  • Moorpark College Dean’s List
  • Moorpark College Most Outstanding Physics Student Award

Research interests

  • Time series econometrics (theory and applied)
  • Cross sectional and panel data econometrics (theory and applied)
  • Neoclassical finance and behavioural finance
  • Survival analysis (duration) modelling
  • Fractals and chaos theory
  • Volatility modelling (simulations and forecasting)
  • Risk management modelling
  • Banking regulation
  • Monetary policy
  • International banking

These research interests are geared towards the ultimate goal of understanding how the financial world (including banking) works. To some extent, this involves capturing quotidian phenomena of how financial information is disseminated through the 'transmission mechanism'. This 21st century mechanism still represents a 'black box' to most Academics and Practitioners. The trajectory of contemporary research in finance precisely tries to capture this elusive box. Financial stakeholders, markets, assets and regulators form the intricate process with which this mechanism intersects. Other areas of research interests examine how such a process works. 


  • Foundations of Finance (Module Leader)

  • Financial Management (Module Leader)

  • Introductory Finance (Module Leader) - China

  • Central Banking (Module Leader) - China

  • Monetary Policy (Module Leader)

  • Corporate Finance (Module Leader)

  • Quantitative Methods and Finance (Module Leader and Module Tutor)

  • Introductory Accounting and IT (Module Leader and Module Tutor)

  • Banking in Context (Module Leader and Module Tutor)

  • International Banking (Module Leader)

  • Financial Modelling and Forecasting (Module Leader)
  • Financial Management (Module Leader and Module Tutor)
  • Research Methods in Finance (Module Tutor)
  • Financial and Accounting at Systech Corp, London, UK.


  • PhD in Finance, University of Essex, UK
  • MSc in Analytical Finance, University of Saint Andrews, UK
  • BS in Accounting, University of Southern California, USA
  • BA in French, University of Southern California, USA
  • Regulatory and Risk Analyst, HSBC, UK
  • External Auditor, KPMG, USA

Memberships, editorial boards

  • University of Essex Alumni Network
  • University of Saint Andrews Alumni Network
  • University of Southern California Alumni Network
  • Los Angeles World Affairs Council
  • KPMG Alumni Network
  • University of Southern California Accounting Society
  • Cycle Colchester

Selected recent publications

  • UK stock market shrugs off turbulent times as FTSE nears record high. The Conversation. October 2016
Working papers
  • Probability of default cyclical coefficient measure (forthcoming)
  • PiT-TtC ratings conversion model (forthcoming)
  • Joint modelling UHF financial data under ACD model specification (forthcoming)
  • Estimating volatility duration using multitick UHF futures in finance (forthcoming)
  • Hazard and Survival parameterizations under RP models specifications in finance (forthcoming)

Recent presentations and conferences

  • Banking reforms in the UK - competition, innovation, standards and financial stability. Westminster Business Forum Keynote Seminar, London, UK (18 Oct 16)
  • 2016 London Stata Users Group meeting, London, UK (8-9 Sep 2016)
  • 14th Annual International Conference on Finance with the Athens Institute for Education and Research (ATINER), Athens, Greece (4-7 Jul 2016)
  • 15th OxMetrics User Conference at Cass Business School, London, UK (4-5 Sep 2014).
  • Recent Developments in Financial Econometrics and Empirical Finance Conference and the 2014 Annual John Nankervis Memorial Lecture at University of Essex, Colchester, UK (12-13 Jun. 2014).
  • PhD Presentations at University of Essex, Colchester, UK (May 2014)
  • PhD Presentations at University of Essex, Colchester, UK (May 2013)
  • PhD Presentations at University of Essex, Colchester, UK (May 2012)

Media experience

  • BBC Radio Cambridgeshire (26 Aug. 2015) Topic: Financial Crisis in China and the impacts on UK investments.
  • Cambridge TV (26 Aug. 2015) Topic: Chinese downturn economy and its effects on UK businesses at home and abroad.