Ramesh Adhikari

Associate Professor & MBA Coordinator


Ramesh Adhikari is an Associate Professor at the School of Business. He teaches responsible investment and sustainable business finance in the BBA and MBA programs. Before coming to Humboldt, Professor Adhikari taught undergraduate and graduate students at the Tribhuvan University and worked at the central bank of Nepal. He was also a research fellow at the Osaka Sangyo University, Osaka, Japan.

Professor Adhikari earned his BA in mathematics with a minor in economics from the Tribhuvan University of Nepal,  an MA in Economics from California State University, Sacramento, MS, and a Ph.D. in Financial Economics from the University of New Orleans. He received outstanding graduate student awards both at the University of New Orleans and the Tribhuvan University. 



His research areas include computational finance, sustainable finance, risk management with financial derivatives, and empirical corporate finance. Some of his research include:

  • Adhikari, R., 2021. “Selected Financial Applications,” The Mathematica Journal, Vol 23. 
  • Adhikari, R., 2020. “Foundations of Computational Finance,” The Mathematica Journal, Vol 22.  

  • Adhikari, R., Putnam, K., and Panta, H., 2020. “Robust Optimization-based Commodity Portfolio Performance,” International Journal of Financial Studies, Vol. 8(3), pp. 1-16.  

  • Adhikari, R., Panta, H., and Hassan, K., 2020. “Performance of ProShares Triple-Leveraged Equity ETFs,” Capital Markets Review, Vol. 28, No. 2, pp. 1-18.  

  • Adhikari, R., and Putnam, K., 2018. “Comovement in the Commodity Futures Markets: An Analysis of the Energy, Grains, and Livestock Sectors,” Journal of Commodity Markets, V-18, pp. 1-13.  

  • Putnam, K.J., and  Adhikari, R., 2018. “Financialization of Commodity Markets,” Commodities: Markets, Performance, and Strategies, ed. Baker, K.H., Filbeck, G., and Harris, J.H., Financial Markets and Investments Series, Oxford University Press, 490-514.

  • Adhikari, R., and Putnam, K.J., 2013. Examining the Finance-Growth Relationship in Postwar Sustained Growth Economies,” The Global Journal of Finance and Economics 10(2), 151-171.
Ph.D., University of New Orleans, 2015: Financial Economics
Ramesh Adhikari
(707) 826-5805
SH 130A
Mon. and Wed. 11 AM to 12:00 PM Tues and Thurs 1:00 PM to 2:00 PM