Phone : + 603-8921
Email :

Youtube Channel:
TV NAG Malaysia

Prof. Tan Sri Dato’ Seri Dr. Noor Azlan Ghazali

Professor of Finance and Economist


YBhg. Prof. Tan Sri Dato’ Seri Dr. Noor Azlan Ghazali was the Vice-Chancellor of Universiti Kebangsaan Malaysia and an economist. He began his career at the University over 20 years ago as a lecturer in the Faculty of Business. Professor Noor Azlan is the Commonwealth Fellow of Financial Economics & Banking at the Association of Commonwealth Universities (ACU) as well as the Mason Fellow at the Kennedy School of government, Harvard University, USA. He currently heads the Economics and Management Cluster at the Majlis Profesor Negara (National Council of Professors, Malaysia). Professor Noor Azlan obtained a Master in Public Administration (MPA) from Harvard University. He earned his MBA in Finance and PhD in Economics from the University of Nebraska-Lincoln, USA. From April 2006 till September 2009, Professor Noor Azlan was seconded to the Prime Minister’s Department. During his tenure at the PM’s Department, he served as the Head of the Special Consultancy Team on Globalization, National Economic Action Council (NEAC), the Director of Microeconomics and Investments, National Implementation Directorate (NID) and the Director of the Malaysian Development Institute (MDI), Economic Planning Unit (EPU). Prior to his secondment, he was the Dean at the Faculty of Economics and Business and the Chair at the Graduate School of Business, Universiti Kebangsaan Malaysia. Throughout his career, Professor Noor Azlan has been actively participating in national level strategic initiatives, and has assumed leadership roles in several of them. These include, among others, the Blue Ocean Strategy Study on Macro Strategic Directions, the New Sources of Growth Initiative of the Economic Council, formulation of strategic directions as well as the development of an outcome-based framework for the 10th Malaysia Plan.


Kim, B.J.C., and Ghazali, N.A. (1999). Has the effect of money shocks on interest rates really vanished? Further evidence of the liquidity effect. Applied Economics, 31 (6), pp. 743-754.

Ghazali, N.A., and Low, S.-W. (2002). The expectation hypothesis in emerging financial markets: The case of Malaysia. Applied Economics, 34 (9), pp. 1147-1156.

Ghazali, Noor A., Said, R. M., and Low, S.-W.(2007). Stock market development, growth, and financial openness: the experience of selected East Asian nations.  Asian Academy of Management Journal of Finance and Accounting, Vol. 3, pp. 1-19.

Ghazali, N.A., and S.W. Low., and Ibrahim, I. (2011). Domestic and foreign influence on banks’ lending activities: An analysis of the bank-centric views in Malaysia, Indonesia, and Thailand, Singapore Management Review, Vol. 33, No.1, pp.37-53.

Tee, L.-T., Low, S.-W., Kew, S.R. Ghazali, N.A. (2014). Financial development and innovation activity: Evidence from selected East Asian countries. Prague Economic Papers, (2), pp. 162-180.


Monetary Economics & Policy; Banking; International Finance

Research Area
Monetary Economics; Financial Development


Courses Taught at Master Level
Macroeconomics; Financial Economics; Advanced Money and Capital Market; Finance Seminar; Financial Management.