Dr Adnan Balloch staff profile picture

Contact details +6449793201

Dr Adnan Balloch

Senior Lecturer in Finance/Financial Economics

School of Economics and Finance

Before joining Massey University in 2018, Adnan has been working as Program Leader and Lecturer in Accounting and Finance department of Aberystwyth University, Mauritius Campus. Adnan was awarded full PhD funding from Commonwealth Scholarship Commission in the UK. He completed PhD in Accounting and Finance in 2015 and received the Best Thesis Award in Durham University Business School Summer Congregation 2015. After completing PhD, Adnan joined Financial Advisory and Consulting department of Deloitte as Consultant. His research interests are in the fields of household/personal/behavioral finance, behavioral economics and retail banking, with particular focus on financial literacy/capability/sophistication, decision making and well-being.

Research Expertise

Research Interests

Household finance, Personal finance, Behavioral finance, Behavioral economic, Financial literacy, capability and sophistication, Financial decision making and well-being


21st Century Citizenship

Area of Expertise

Field of research codes
Applied Economics (140200):
Banking, Finance and Investment (150200): Commerce, Management, Tourism And Services (150000):
Economics (140000):
Finance (150201):
Financial Economics (140207)

Research Outputs


Balloch, A., Nicolae, A., & Philip, D. (2015). Stock Market Literacy, Trust, and Participation. Review of Finance. 19(5), 1925-1963
[Journal article]Authored by: Balloch, A.


Balloch, AG. (2015). Essays in household finance. (Doctoral Thesis)
[Doctoral Thesis]Authored by: Balloch, A.


Oanh, VP.(2021). The similarities and differences in behaviors and outcomes of frequent and infrequent visitors of the Sorted website.
[Technical Report]Contributed to by: Balloch, A.
Jaramillo, L.(2021). Teleworking ability and financial wellbeing of New Zealand’s labour force during Covid-19.
[Technical Report]Contributed to by: Balloch, A.
Balloch, A., & Wood, P. (2020). Gambling Harm Identification using Client Voices data.
[Commissioned Report]Authored by: Balloch, A.
Wood, P. (2019). Te manu ka rere: Financial capability of Māori entrepreneurs.
[Commissioned Report]Contributed to by: Balloch, A.
Wood, P. (2019). Financial Capabilities of MWDI Loan Clients.
[Commissioned Report]Contributed to by: Balloch, A.


Balloch, A., Philip, D., & Engels, C.(2020, October). When It Rains It Drains: Psychological Distress and Household Net Worth. . Retreived from https://www.fma.org/
[Conference]Authored by: Balloch, A.
Reyers, M., & Balloch, A.(2019, November). Self-efficacy and household economic well-being. .
[Conference]Authored by: Balloch, A.
Balloch, AG., & Philip, D.(2015, March). The role of financial distress in household financial decision making. .
[Conference]Authored by: Balloch, A.
Balloch, AG., Dennis, P., & Nicolae, A.(2012, August). Does financial literacy predict financial behaviour?. . (pp. 1 - 53).
[Conference]Authored by: Balloch, A.

Teaching and Supervision

Courses Coordinated