Dr. Abena F. Owusu

Assistant Professor | Accounting and Finance | Feliciano School of Business
Location: 361
Telephone: 973-655-3947
Fax: 973-655-7968
Email: owusua@montclair.edu


Abena holds a Ph.D. in Finance and an M.S. in Financial Engineering and Risk Analytics from the Lally School of Management at Rensselaer Polytechnic Institute (RPI). Before joining RPI, she got her B.S. in Actuarial Science with a minor in Statistics from Kwame Nkrumah University of Science and Technology in Ghana. Abena's primary research interests in financial institutions, risk governance, big data and application of machine learning in Finance.


Corporate Governance<br>Risk Management<br>Big Data Analytics<br>Machine Learning in Finance


  • Ph D, Finance, 2020, Rensselaer Polytechnic Institute, Troy, NY
  • MS, Financial Engineering and Risk Analytics, 2014, Rensselaer Polytechnic Institute, Troy, NY
  • BS, Actuarial Science, 2012, Kwame Nkrumah University of Science and Technology, Kumasi, Ghana

Professional Experience

  • Teaching Assistant, Rensselaer Polytechnic Institute. (August 2016 - May 2020).
  • Research Assistant, Rensselaer Polytechnic Institute. (August 2015 - May 2020).
  • Research Fellow, Global Association of Risk Professionals. (June 2014 - January 2015).

Honors and Awards

  • Best Paper Award , 17th Finance, Risk and Accounting Perspectives (FRAP) Conference. (September 2019).
  • Don Shohfi Best Doctoral Student Paper Award , Lally School of Management, Rensselaer Polytechnic Institute. (May 2019).
  • Spring 2014 GARP Research Fellowship , Global Association of Risk Professionals. (May 2014).
  • Masters’ Scholars Research Program Award , Lally School of Management, Rensselaer Polytechnic Institute. (August 2013).


  • Adding Stress in Banking: Transparency Disclosures and Corporate Risk Culture - with Raffi Garcia and Jyothsna Harithsa
  • Assessing and Attributing Climate Change Response of U.S. Insurance Firms - with Aparna Gupta and Jue Wang
  • Bond Portfolio Optimization Problem with Contagion - with Chanaka Edirisighe, Aparna Gupta and Wendy Roth
  • Do Analyst Reports Still Have Value? Evidence from Machine Learning - with Mustapha Gultekin, Thomas Shohfi and Majeed Simaan (Under Review)
  • Gender and Cooperativeness: The Impact of Women Board Members on Strategic Alliances - with Bill Francis and Shyam Kumar
  • Identifying the Risk Culture of Banks Using Machine Learning - with Aparna Gupta
  • Regulating Risk Culture in the Insurance Industry - with Aparna Gupta

Refereed Published Articles

  • Gupta, A., Owusu, A., Zou, L. (2021). Identifying board of director network influence for firm characteristics. PHYSICA A-STATISTICAL MECHANICS AND ITS APPLICATIONS, 581
  • Bhattacharya, S., Gupta, A., Kar, K., Owusu, A. (2020). Risk management of renewable power producers from co-dependencies in cash flows. EUROPEAN JOURNAL OF OPERATIONAL RESEARCH, 283 (3), pp. 1081-1093.