http://photos-c.ak.fbcdn.net/photos-ak-sf2p/v150/170/116/1530889/n1530889_34730562_5575.jpg

 Kanshukan Rajaratnam

(Kanshu)

 

Department of Finance and Tax

Room 4.70 Leslie Social Science Building

University of  Cape Town

Private Bag

Rondeobsch, 7700

 South Africa

 

Department of Systems and Information Engineering

University of Virginia

PO Box 400747

151 Engineer’s Way

Charlottesville, VA 22904

kanshu at virginia.edu

 

 

Publication

Teaching Experience

Awards

Service

Industry Experience

 

 

University of Virginia

Systems Engineering

Teaching Center

 

 

Cross-country trip

 

 

 

 

 

 

 

I am a Senior Lecturer (equivalent of assistant professor) of Finance at the University of Cape Town (UCT) in Cape Town, South Africa.  Prior to UCT, I was at the University of Virginia where I completed a Master’s degree in Systems Engineering at UVa with concentration in mathematical modeling. I have also completed a MS (Industrial Engineering – Operations Research) at the National University of Singapore and BS (Chemical Engineering) at the University of Kwazulu-Natal in Durban, South Africa. I am currently completing my doctoral studies in Systems Engineering at the University of Virginia. 

 

I was awarded merit awards in the years 2011/2012 and 2013 by the Faculty of Commerce at the University of Cape Town.  Merit awards are awarded for “high achievement (above the high standards expected of academic staff at the University) in the categories in which academic staff are assessed.” 

 

Examples of my Research Work

o   A topic of interest in recent literature is the incorporation of forecasts of future economic conditions into acquisition decisions for scored retail credit and loan portfolios. We extend the current model to incorporate economic capital requirements, where a portfolio manager must choose both a cut-off score and the level of economic capitalization prior to account performance. Overcapitalization results in higher cost of capital while under-capitalization results in a reduction of portfolio size, with both possibilities having profit consequences as studied in our previous work. We then extend the single-bank model to a two-bank model. We submitted this work to a journal. (This work is under the supervision of Prof. Peter Beling).

o   We extend the static credit union model to a dynamic model. Credit unions have certain controls: interest rate for the loan customer, interest rate for the savings customer, volume of savings and loans and equity retention policy. We maximize the savings and loan customer’s utility within the balance sheet and income statement constraints. This work was published in the Annals of Operations Research. (This work is with Dr. Geoffrey Rubin, Prof. George Overstreet, and Prof. Peter Beling).

o    For additional examples of my research work, please see my publication list.

 

 

Updated 10 November 2013