Personal details

Professor Anup Basu
Faculty of Business & Law,
School of Economics & Finance
Discipline *
Banking, Finance and Investment
+61 7 3138 3292
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Identifiers and profiles

Doctor of Philosophy (Queensland University of Technology), Master of Business Administration (Queensland University of Technology)


Superannuation Pension Retirement Security Investments Investor Behaviour, Portfolio Management Fund Management Asset Allocation Risk Management Performance Evaluation, Behavioural Economics Behavioural Finance Experimental Economics Experimental Finance, Ageing Financial Decision Making Neurofinance, Finance Financial Markets, Data Analysis

* Field of Research code, Australian and New Zealand Standard Research Classification (ANZSRC), 2008


Professor Anup Basu is the founder and coordinator of QUT Student Managed Investment Fund. He teaches/researches in the fields of investments, behavioural/experimental economics, and data analysis.

Anup’s research has been published in internationally reputed journals and has made significant impact on public policy and industry practice. His work on target date funds has been presented in the joint hearing of the United States Government Department of Labor and the Securities & Exchange Commission (SEC) and informed the formulation of the SEC rule on target date funds. Anup’s articles have been cited by the World Bank, IMF policy research report on pension plans, OECD Working Party on Private Pensions, the US Government Accountability Office, the US Senate Hearing before the Special Committee on Aging, and the Australian Government’s Review (Cooper Review) of the Governance, Efficiency, Structure and Operations of the Australian Superannuation System. The policy impact of his research has received the highest rating in the Australian Research Council’s Excellence of Research in Australia (ERA)  .

Anup has been the lead investigator of a research project on investment in hybrid securities commissioned by Australian Securities and Investments Commission (ASIC).

His research findings have been covered by national/international media including the Financial Times UK, Pensions & Investments, Australian Financial Review, The Australian, The Age and numerous other media outlets.

Apart from lecturing in undergraduate and postgraduate finance units at the School of Economics and Finance, Anup regularly teaches the core statistics unit in the MBA and the Executive MBA program run by the Graduate School of Business (GSB). He also runs occasional workshops on Behavioural Economics and Finance for senior executives in the financial services sector. Anup has co-authored two market leading textbooks on Investments (Publisher: McGraw Hill) and Financial Markets (Publisher: John Wiley).

Prior to joining academia, Anup served in management positions with large banking and financial services organisations in India and USA for more than eight years.  He is a certificated associate and life member of the Indian Institute of Bankers, and member of American Risk and Insurance Association(ARIA), Accounting and Finance Association of Australia and New Zealand (AFAANZ) and the Brisbane Executive Club.

Anup has been a consultant to large investment managers like QIC on dynamic asset allocation and portfolio risk management.

He is currently QUT’s Academic Staff Representative at UniSuper’s Consultative Committee.

Research Interests

  • Investment strategies and performance evaluation
  • Pension Finance
  • Psychology and financial decision-making (Role of cognition, emotion, and trust)
  • Economic experiments (Regulations, disclosures, behavioural biases)
  • Neuroeconomics (Ageing)
This information has been contributed by Professor Anup Basu.



  • EFB347 Student Managed Investment Fund 1
  • EFB348 Student Managed Investment Fund 2
  • EFN415 Security Analysis and Portfolio Management
  • EFN514 Behavioural Finance
  • GSN/GSZ 403 Data Analysis and Decision Making
This information has been contributed by Professor Anup Basu.


For more publications by this staff member, visit QUT ePrints, the University's research repository.

Research projects

Grants and projects (Category 1: Australian Competitive Grants only)

Financial Decision Making in Late Adulthood
Primary fund type
CAT 1 - Australian Competitive Grant
Project ID
Start year