Accelerated Master Degrees Now Offered

Dr. Aigbe Akhigbe


Department of Accounting & Finance


Tel: 202.274.7064

Dr. Aigbe Akhigbe is a Professor of Finance in the School of Business and Public Administration at the University of the District of Columbia (UDC). Prior to joining UDC in 2022, he held full professorship positions at Florida Atlantic University and University of Akron (Moyer endowed chair), visiting faculty at Miami University and an adjunct at University of Central Florida. He is currently involved in research at FDIC as a senior research fellow.

Dr. Akhigbe specializes in teaching all areas of finance.  He is highly committed to excellence in teaching.  He teaches students how to apply financial techniques to real financial and non-financial institutions using databases such as Bloomberg, CRSP, Compustat, Morningstar, and FDIC Call Reports and Federal Reserve Y-9C (BHCK) reports.

Dr. Akhigbe has an extensive record of publishing in leading finance journals, generating over 3,700 citations in Google Scholar. He served on the program committee of finance associations as presenter, discussant, session chair and track chair. He has also served on the editorial boards and as a reviewer for several journals.

Ph.D., Finance, University of Houston

M.B.A., Finance, University of Houston

M.S., Petroleum Engineering, University of Southwestern Louisiana

B.S., Petroleum Engineering, University of Ibadan

  • Financial Management

  • Investments

  • International Finance

  • Financial Markets and Institutions

Akhigbe, A., Newman, M., Martin, A. and Souza A. (2022). Russell Index Reconstitutions and Short Interest, The Quarterly Review of Economics and Finance, Volume 84(C), 577-588.

Akhigbe, A., Newman, M. and Whyte, A. (2021). Is there a small market effect in U.S. free agent signings? Evidence from localized sentiment trading, Journal of Sports Economics, Volume 22 (6), 678-721.

Akhigbe, A., Balasubramanian, B. and Whyte, A. (2020). Foreign Exchange Manipulation and the Equity Returns of Global Banks, Journal of Financial Services Research, Volume 57, 207-230.

Akhigbe, A., Makar, S., Wang, L. and Whyte, A. (2018). Interest rate derivatives use in banking: Market pricing implications of cash flow hedges, Journal of Banking and Finance, Volume 86, 113-126.

Akhigbe, A., Newman, M. and Whyte, A. (2017). Predictable sports sentiment and local trading, Financial Management, Volume 46 (2), 433-453.