Prof Lakshmi Padmakumari started her career as an Assistant Professor at IFMR Graduate School of Business, wherein she handles subjects namely Foundations of Finance, Corporate Finance, Accounting for Managers, Derivatives and Risk Management, Financial Time Series Analysis and is also actively involved in corporate training.

She has a Masters in Commerce (Finance) and Bachelors in Commerce (Taxation Law and Practice) from the University of Kerala and was the University first rank holder for both the programs. She also has a PGDBA (Finance) from Symbiosis Institute, Pune.

Prof Lakshmi was awarded Ph.D. in Finance in 2018 by University of Madras, for her dissertation titled, “An investigation into the level dependence in the volatility of asset returns.” Her research interests include asset pricing, volatility estimation, risk management, corporate governance and financial markets. She has also participated in a number of conferences at national and international level to present her research work.

1. Asset pricing
2. Volatility estimation
3. Financial markets
4. Corporate Finance 
5. Corporate Governance & Sustainability Scores

• “A new statistic to capture the level dependence in stock price volatility”, Lakshmi Padmakumari and Maheswaran S. Quarterly Review of Economics & Finance, Vol. 65 (2017): 355-362
•  “Stock market reaction to inflation announcement in the Indian stock market: A sectoral analysis”, Gurmeet Singh and Lakshmi Padmakumari. Cogent Economics & finance, Vol. 8, No.1 (2020):1-22
• “Covariance Estimation using High-Low Prices with Implications for Futures vs Spot Volatility”, Lakshmi Padmakumari and Maheswaran S. Finance India, (Forthcoming, 2019).
• “Covariance Estimation using Random Permutations”, Lakshmi Padmakumari and Maheswaran S. International Journal of Financial Engineering, Vol.5, No.1(2018):1-21
• “A Regression Based Approach to Capturing the Level Dependence in the Volatility of Stock Returns”, Lakshmi Padmakumari and Maheswaran S. Asian Economic and Financial Review, Vol. 6, No. 12(2016): 706-718. 
• “Impact of Domestic Public Debt on Economic Growth – An Empirical Study in the Indian Context”, Gangadharan, R. S and Lakshmi Padmakumari. Asian Journal of Empirical Research, Vol.6, No.4(2016): 101-116.
• “Stock market reaction to inflation announcement in the Indian stock market: A sectoral analysis”, Aishwarya Krishnaswamy, Lakshmi Padmakumari and Balasubramanian G. Test Engineering & Management, Vol.82(2020):5261-5274
• “A Comparative Analysis of the Performance of MNC Mutual Funds in India”, Gurmeet Singh and Lakshmi Padmakumari. South Asian Journal of Management (SAJM), Vol. 27, No.4 (2020):147-177 

Newspaper Publication

• “Connecting the dots”, Lakshmi Padmakumari. Orissa Post Daily, 21st Jan. p.14 (2019)

• Foundations of Finance
• Corporate Finance
• Accounting for Managers
• Derivatives and Risk Management
• Financial Time Series Analysis