معرفی
Nigokhos Kanaryan serves as Assistant Professor in the Department of Economics at New Bulgarian University (NBU), teaching core finance courses across Bachelor's and Master's programs. His instruction spans Business Valuation, Investment Portfolio Management, and specialized topics including ESG Investments, Behavioral Finance, and Green Financing in graduate curricula. His academic rank 'главен асистент' corresponds to international Assistant Professor standing with active teaching responsibilities in the 2024/2025 academic year.
Academic Credentials:
- PhD in Risk Modeling of East European Stock Markets (2005)
Research focuses on business valuation methodologies and quantitative financial analysis, extending to investment strategy optimization, ESG portfolio integration, behavioral finance applications, and sustainable financing mechanisms. His scholarly work bridges theoretical innovation with practical implementation in transitional economies, particularly addressing market inefficiencies and valuation challenges in emerging European contexts. This dual academic-practitioner perspective informs both classroom instruction and professional consulting engagements.
Publication analysis (2000-2015) reveals concentrated expertise in Central/Eastern European financial markets, with recurring themes of volatility modeling, crisis contagion effects, and REIT valuation frameworks. His work consistently examines market behavior during economic shocks while developing specialized risk management techniques applicable to thin emerging markets, demonstrating methodological rigor through econometric modeling and empirical case studies of Bulgarian and Balkan financial systems.
Professional Recognition:
- Best Finance Paper Award (Istanbul Stock Exchange, 2002)
Complementing academia, Kanaryan maintains 20+ years of active industry practice as Licensed Property Appraiser (covering real estate, businesses, receivables, and financial assets), Certified Investment Consultant, and Registered Auditor (License №0859). His professional affiliations include the Institute of Certified Accountants and Auditors of Bulgaria, Chamber of Independent Appraisers, European Association of Certified Valuators and Analysts, and Academic Forum of the International Valuation Standards Council (IVSC), reflecting deep integration between scholarly work and professional valuation standards.
No dedicated research laboratories or formal academic teams are documented, though his collaborative publications with Plamen Patev and others indicate ongoing research partnerships. Professional practice appears centered through institutional memberships rather than structured research groups, with expertise directly applied in classroom settings through real-world case studies and industry examples.



