Professor Jayaram Ramakrishnan
Professor Jayaram Ramakrishnan
Professor of Practice, Finance
M.Com, M.Phil, FCMA, Dip in BV, ACMA (UK), CGMA (AICPA US), PhD
Professor Jayaram Ramakrishnan has been associated with IFMR GSB since 2008 and currently serves as a Professor of Practice in Accounting & Finance. Prior to his current role as Professor he was an Adjunct Professor for over 14 years with IFMR while also pursuing his Practice as a Cost & Management Accountant He teaches courses on Cost & Management Accounting, Profitability Analytics & Enterprise Performance Management, Working capital Finance and Financial Accounting across full-time, part-time, and EMBA programmes.
He has handled over 250 plus Executive development training sessions for corporates like Ashok Leyland, Apollo Tyres, Borg Warner, Chemplast, FL Smidth, Gmmco, Hatsun Agro, L&T, Lucas TVS, Murugappa Group, ONGC,RANE Group, RPG, Simpson, Sundaram Clayton, Sundaram Fasteners, Sona Koyo, Visteon, TAFE, Turbo Energy Way Cool to name a few. He is also Programme Director for the Profitability Analytics programme tailored for Auto ancillary & engineering industries
He has also addressed various industrial forums and Professional Institutes like ACMA (auto component), Indian Institute of Foundrymen, Indian Institute of Industrial Engineers and Institute of Cost Accountants of India and CIMA
His academic journey also includes roles as a Visiting Faculty at IIM Trichy & IIM Kozhikode for their Executive development courses, SIRC of ICAI, RKM Vivekananda College (Madras University)
Additionally, he holds the position of Sr. Consultant & Director at Pro~Active Solutech (India) Pvt Ltd, a consulting and IT Solutions Company specializing in the design and implementation of Cost Management systems. Professor Jayaram has actively consulted in the domains of ERP Implementation (SAP/Oracle/MS), Activity based costing, Pricing & Target costing, Balanced Scorecard Implementation for clients across Auto, auto ancillary, engineering, Health care &Pharmaceutical industries.
Research
Focus areas include
- Cost & Management accounting with specific focus on Activity Based Cost & Management in Auto & Auto ancillary industry.
- Profitability Analytics & Enterprise Performance management
- ERP Systems
His PhD dissertation was on, “Sophistication of Cost Management Systems in Indian auto ancillary sector”.
Publications
Books
- Updated edition of, “Enterprise Performance & Risk Management for MSMEs – A Primer” published by the MSME & Start up Promotion Board of ICMAI, January 2026
- Enterprise Performance & Risk Management for MSMEs – a primer published by ICWAI in July 24
- Chapter titled – “A Three-Pronged Strategy for Production Cost Optimisation in MSMEs & Role of CMAs”, in the special edition titled Role of CMAs in Viksit Bharat 2047″, published by the Institute of Cost Accountants of India (ICMAI) and launched by Governor of West Bengal
Articles
- R Jayaram, Balasubramanian G, Srinivasan Kalyanasundaram, “Cost Audit in the ERP Era – Configuring ERP to Enable Accurate Reporting of Costs, December 25 edition of, “The Management Accountant”, ICMAI
- Lakshmi Padmakumari & R Jayaram , “Costing Approach Adopted for MSP Fixation: A Practitioner’s Perspective”, Journal of Agriculture Cost Management Board of ICMAI Quarterly Mar 26 edition (Volume 4)
- Srinivasan Kalyanasundaram, G.Balasubramanian & R.Jayaram“Agentic AI: The New Engine of Cost-Optimised Banking“, April 26 edition of, “The Management Accountant”, ICMAI
- Jayaram and G. Balasubramanian “Costing for Pressure Die casting Operations – An Activity based perspective”, The Management Accountant, July TCM edition 2011. Pp. 581- 85
- Jayaram & G. Balasubramanian “Strategic Pricing using Target Costing methodology – Case study of an Indian Auto ancillary company”, The Management Accountant, November edition 2011 Pp 1063 – 66
- Jayaram & Dr. Nisar Ahmed – “Activity Based Management – Glimpses of its Practical application” – The Management Accountant, September 2014 Edition
- Jayaram & R. Vasudevan – “Designing an Activity based cost model for Active Pharma Ingredient (API) manufacturing unit” – The Management Accountant, March 2016 Edition on Pharmaceutical Sector
- Jayaram & G. Balasubramanian – “Unlocking the potential of Industrial engineering in Cost Optimization” – ” – The Management Accountant, September 2024 Edition
- Srinivasan Kalyanasundaram, G.Balasubramanian & R.Jayaram – “Navigating digital transformation in BFSI organizations” – March 2025 Edition
- Cost Management for Manufacturing SMEs – A Framework. (June 2025 special edition of MSME Board of ICMAI). https://icmai.in/upload/Institute/Updates/MSME_TITBITS_1106_2025.pdf
- IS ABC FOR MSME’s TOO?- The Answer is an Emphatic YES – Case study of an MSME Pressure die casting Unit. (Volume 5 of MSME Tidbits Journal October 2025 edition of MSME Board of ICMAI). https://icmai.in/upload/Institute/Journal/MSMETITBITSVol.5.pdf
Working papers
- Jayaram & G. Balasubramanian – Manufacturing Analytics & Cost Reduction through OEE Improvement (IFMR GSB Working Paper WP23-004)
- Jayaram and G. Balasubramanian – A Technical Note on Activity Based Costing for Pharmaceutical Manufacturing (IFMR GSB Working Paper WP21-013)
Courses
- Profitability Analytics (Strategic Cost Management) – Elective Term 6 for Regular MBA
- Cost & Management Accounting (AFM 2 – Core paper Term 2 for Regular MBA) & (Core paper Term 3 – for EMBA )
- Supply Chain Finance (Term 8 – Elective for L&T EMBA)
- Strategic Cost Management (Term 4 – L&T EMBA)
- Financial Accounting