Dr Lalith Seelanatha commenced employment as a lecturer in Accounting and Finance with Victoria University in 2008. Since then he has taught in both postgraduate (Business Finance and International Financial Management) and undergraduate (Corporate Finance, International Banking and Finance and Risk Management Models). He also had administrative responsibilities such as course and unit coordination.

Before he joined with Victoria University, he served as a Senior Lecturer in Finance at Sri Jayewardenepura University in Sri Lanka.  He lectured a combination of accounting and finance subjects.

Before he started his academic career in 1990 he served as an Audit Examiner in Auditor General’s Department of Sri Lanka for five years.   

As an academic in the Victoria University School of Business, Lalith’s research interests include:

  • corporate capital structure and governance
  • working capital
  • stock market
  • market structure
  • efficiency and commercial banking.

He is also involved in supervising postgraduate PhD and DBA students.

He is serving as a member of the Low Risk Human Research Ethics Committee of Victoria University and as a member of the Courses Advisory Group of Victoria University Business School.


Mohamed, Ahmad E.M and Lalith Seelanatha (2014) The Global Financial Crisis (GFC), Equity Market Liquidity & Capital Structure: Evidence from Australia, Journal of Applied Research in Accounting and Finance (JARAF), Vol. 9, No. 1.

Riccardo Natolia, Beverley Jackling & Lalith Seelanatha (2014) The impact of instructor’s group management strategies on students’ attitudes to group work and generic skill development, Pedagogies: An International Journal, Volume 9, Issue 2.

Seelanatha, S.L. (2012), “Drivers of Technical Efficiency of Sri Lankan Commercial Banks” International Journal of Applied Economics.

Seelanatha, S.L and Hilary E Silva (2012) An assessment of relative efficiency of banks in Sri Lanka, Corporate Ownership & Control / Volume 9, Issue 3.

Seelanatha, S.L. (2011),    "Determinants of firms' performance: some Chinese evidence; Investment Management and Financial Innovations" Vol No 3.

Teaching responsibilities


BAO3402 International Banking and Finance

BAO5534 Business Finance

BAO5573 International Financial Management.


BAO2001 Corporate Finance

BAO3402 International Banking and Finance

BEO3000 Risk Management Model

BAO5534 Business Finance

BAO5573 International Financial management.

Research grants

Victoria University International Collaborative Research Grant Scheme with Central University of Finance and Economics (CUFE) – 2014 – $10,000 (with Dr Ranjith Ihalanayake and Professor John Breen).

Development Grant Scheme (VURDGS) (2012), $28,180(with Dr Ranjith Ihalanayake and Professor John Breen).

ALTC grant 2010 “Building course team capacity to enhance graduate employability” ($20,000) (with (Professor Beverley Jackling, Dr Naidoo, J., Dr Paguio, R., Dr Prokofieva, M.)


Co-supervision :

  • three PhD candidates 
  • one DBA candidate.

Conference presentations

Ihalanayake, R., Seelanatha L. and John Breen (2013) “Working Capital Management Practices in Small Businesses in Victoria” (presented at the  WASET International Conference, Penang, Malaysia December 16-17, 2013).

Seelanatha, S.L. (2008), "An analysis of productivity and efficiency of assets transformation in the banking industry in Sri Lanka", (Presented at the 16th Annual Conference on PBFEAM (Brisbane, Australia, 2 - 4 July 2008).

Seelanatha, S.L. (2009),  "Market structure, efficiency and performance of banking industry in Sri Lanka", (presented at the 54th annual conference of World Academy of Science, Engineering and Technology (Holiday in Paris, 23-28 July 2009).

Professional membership

  • Chartered Accountant (ICASL-Sri Lanka).

Areas of expertise

  • Corporate capital structure
  • Productivity
  • Efficiency and market structure
  • Commercial banking
  • International finance and business finance
  • Working capital management
  • Stock market
  • Risk management model

Contact details

(03) 9919 5320