Finance and Accounting at IFMRGSB

The Finance area courses are designed to prepare students for careers in accounting,financial services, investment analysis,derivative securities, risk management and quantitative finance. The training emphasizes learning complex finance strategies through mathematical models that naturally lend themselves to application of principles of finance to business. The aim is to equip students with knowledge and tools so that they can examine real-world situations and effectively handle the process of financial decision-making in an environment of uncertainty. 

Programme Details

Required Courses
  • Security Analysis and Portfolio Management
  • Derivatives and Risk Management
  • International Financial Management
  • Business Valuation
  • Strategic Cost Management
  • Modern Banking Management
  • Project Financing and Management
  • Stochastic Processes in Finance
  • Rural Banking
  • Asset Pricing – I
  • Mergers & Acquisitions and Corporate Restructuring
  • Alternative Investments
  • Legal Aspects of Business and Taxation
  • Fixed Income Securities
  • Advanced Financial Modelling – I
  • Financial Markets and Practice
  • Corporate Credit Analysis
  • Risk Management in Banks
  • Financial Technology
  • Stochastic Calculus for Finance
  • Computational Methods in Finance
  • Simulation Techniques for Quantitative Finance
  • Contemporary Issues in Financial Accounting and Corporate Governance
  • Behavioural Finance
  • Infrastructure Finance
  • Advanced Financial Modelling – II
  • Advanced Topics in Accounting
  • Investment Banking Services
  • Advanced Derivatives

praveen bhagwan
Assistant Professor

Praveen Bhagawan

Director – Financial Assistance

Krishnan Chidambaram

Senior Professor and Advisor

Balasubramanian G

Professor

Ashay Kadam

Assistant Professor

Lakshmi Padmakumari

Adjunct Professor

Jayaram R

Professor

Samir Ranjan

Assistant Professor

Muneer Shaik

Assistant Professor

Praveen Bhagawan

Praveen Bhagawan’s research and teaching interests are in the areas of Corporate Finance (more specifically Currency Risk Management), International Financial Management, Financial Statement Analysis, and Corporate Social Responsibility.

Prof Bhagawan has presented his research at top academic conferences including the European Financial Management Association, Applied Financial Modelling Conference, India Finance Conference (held at IIM-A, IIM-B, and IIM-C), COSMAR (held at Indian Institute of Science (IISc, Bangalore), and International Conference on Financial Markets & Corporate Finance (held at IIT Madras and IIT Kanpur). He has been awarded Best Paper Award in the area of Corporate Finance for the research papers which he presented at IISc Bangalore in 2013, at IIT Madras in 2016, and at IIT Kanpur in 2018. He also attended the American Finance Association Meetings in 2015. He has published some of his research papers in peer-reviewed journals.

Praveen holds a PhD from IFMR GSB and Madras University, a Post Graduate Diploma in Financial Management from Bhartiya Vidya Bhavan, Bangalore, and a Masters’ Degree from Bangalore University.

Director – Financial Assistance

Krishnan Chidambaram

Senior Professor and Advisor

Balasubramanian G

Former Dean of IFMR, Prof G Balasubramanian has more than three decades of experience in executive training, teaching, consulting and research in Accounting, Finance and Information Technology.

He has trained more than 1000 executives across multiple organization covering both private and public sector. Some of his most sought after courses are Finance for Managers and Financial Modeling.

Currently a visiting faculty to several African countries in Finance and Information Technology, under the sponsorship of the Commonwealth Secretariat, Prof G Balasubramanian has also engaged with Indian Institute of Management, Indore, IIM Trichy, Great Lakes Institute of Management and LIBA. An approved PhD guide at Madras University, Prof G Balasubramanian is also a member of the doctoral committee at Indian Institute of Technology, Madras.

He has designed and implemented Decision Support Systems for major organizations, and published papers on capital markets, accounting, information technology, and knowledge management. A resource person in a study of disinvestments of public sector enterprises sponsored by the United States Agency for International Development (USAID), Prof G Balasubramanian has also co-authored a book titled “Brain Re-engineering”, published by Sage Publications.

He serves as the Managing Editor of “Journal of Emerging Market Finance”, IFMR GSB’s Journal, published by Sage Publications.

Professor

Ashay Kadam

Prof. Ashay Kadam got his PhD from the Stern School of Business, New York University. He has held academic positions at the University of Michigan Ann Arbor, City University London, and the National University of Singapore before relocating to India. Just before joining IFMR-GSB at Krea university he was the Research Director of the Digital Identity Research Initiative (DIRI) at the Indian School of Business (ISB). His past research and teaching spans finance, statistics and operations research. His current work focus is on financial inclusion in India, especially where the solutions are facilitated by fintech.

Assistant Professor

Lakshmi Padmakumari

An Assistant Professor at IFMR GSB, Prof Lakshmi’s research interests include Asset pricing, volatility estimation, risk management, corporate governance and firm valuation. At IFMR, she handles subjects like Foundations of Finance, Corporate Finance etc., and has conducted lectures in accounting and derivatives and risk management.

Prof Lakshmi has a Masters in Commerce (Finance) and Bachelors in Commerce (Taxation Law & Practice) from the University of Kerala, and a PGDBA with finance as specialization from Symbiosis Institute, Pune. She was awarded Ph.D. in Finance in 2018, for her dissertation on Asset Pricing and Volatility Estimation.

Adjunct Professor

Jayaram R

A practicing cost and management accountant, Dr. Jayaram R has been associated with IFMR since 2008, and is currently an adjunct faculty. He teaches Cost & Management Accounting, Strategic Cost Management and Financial Accounting in full time and part time Programmes. He has a PhD in Cost Management and is a Qualified Management Accountant from CIMA UK. Dr. Jayaram comes with more than a decade and half of experience in Cost & Management Accounting, Financial Accounting and Internal Audit Fields, and is a Fellow Member of Institute of Cost & Management Accountants of India.

He has also served as faculty at SIRC of ICAI, RKM Vivekananda College (Madras University) and as a visiting faculty at IIM Trichy.

Apart from teaching in the PGDM program, Prof Jayaram is also actively involved with IFMR’s Management Development Programmes for working executives.

Professor

Samir Ranjan

He has an M.S. in Mathematical Finance from Columbia University, New York, a Ph.D. in theoretical physics from Purdue University, Indiana, U.S.A. and is also a recipient of the Junior Research Fellowship (NET) from the University Grants Commission which he received soon after his master’s in Physics from the University of Delhi. He has a bachelor’s in Physics from St. Stephen’s College, Delhi.

Dr. Ranjan has over ten years of experience in the financial industry and three years in the area of Decision Sciences in the U.S. Before joining the IFMR Graduate School of Business, Dr. Ranjan was the Dean (Academics) at the IFIM Business School, Bangalore. Earlier he was a faculty at the O. P. Jindal Global University, Sonipat where he designed the five-year Integrated BBA-MBA Program from scratch and launched and managed all operational aspects for three years while the Program evolved and matured.

Dr. Ranjan is well known and sought after for his expertise in his niche area of Mathematical Finance. He was invited by CRISIL in early 2018 for a three-month consultancy, where he worked with a team engaged in Quantitative Research, providing them valuable guidance and leadership.

Assistant Professor

Muneer Shaik

Prof. Muneer Shaik handles courses in the area of finance and data science for MBA students and is actively involved in training corporate clients. He holds a PhD in Finance from Madras University, a Masters in Economics, and Bachelors in Mechanical Engineering from BITS Pilani, with over 5 years of financial industry experience with JPMorgan in a managerial position in the equity and fixed income department.

Prof. Shaik has presented research papers at multiple conferences in India and abroad, and some have even won the best paper awards. His research interests are mainly in the areas of volatility modeling, financial econometrics, market efficiency and applications of data science in the area of finance.