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Research Symposium on Finance & Economics at IFMR GSB
Research Symposium on Finance & Economics at IFMR GSB

Sri City, December 12 & 13, 2019:…IFMR Graduate School of Business (GSB) at Krea University organized a two-day Research Symposium on Finance and Economics at the university campus. ‘Financial Globalization and Economic Development: Emerging Issues and the Way Forward in Today’s Digitized World’ was the theme.

The Symposium focused on various topical issues in finance and economics like financial globalization and economic development, emerging trends in corporate finance and corporate governance, behavioral finance, financial inclusion, asset pricing, etc. The Symposium was a successful event that saw over 50 participants and 20 paper presentations.

The two-day Symposium included a pre-symposium workshop on empirical corporate finance, plenary sessions, technical sessions and a panel discussion where speakers from various parts of the world, including United States and Australia, participated. Thought leaders such as Dr Pranab Bardhan from UC Berkeley, Dr. Nagpurnanand Prabhala from John Hopkins Carey Business School, Dr. Paresh Narayan from Deakin University and Dr. Bala Balachandran from La Trobe University, were actively engaged.

Dr. V Anantha Nageswaran, Dean-IFMR Graduate School of Business in his welcome address highlighted, “The Institute for Financial Management and Research (IFMR) has a rich tradition of academic and research excellence. Research pursued at IFMR Graduate School of Business, Krea University (formerly IFMR) has a practical orientation and policy relevance. This Research Symposium is a platform for exchange of ideas, questions and answers among academics, students and industry practitioners from many corners of the world, making it intellectually stimulating and enriching experience. The high quality of sessions and paper presentations is a testimony to the high esteem in which they hold Krea University and IFMR GSB.”

Vice Chancellor of Krea University, Dr Sunder Ramaswamy shared in his opening message that IFMR GSB had begun a new journey under the aegis of Krea University, pioneering interwoven learning to prepare students for a dynamically diverse world. He further reiterated that for the historically research-focused IFMR GSB, the Research Symposium is an important initiative. The participation of researchers from India and abroad, as well as the careful selection of papers by the Scientific Committee, evidences the tremendous support this initiative has received.

Dr Pranab Bardhan, Professor of Graduate School at the Department of Economics at UC Berkeley delivered the inaugural address. In his talk, Dr Bardhan spoke on the impact of inequality and inefficiency on the economy. Citing recent research, he said “a long-term rise in inequality can push the economy into a deep recession. It may hurt macroeconomic performance by making it difficult to stimulate enough mass consumer spending”.

A unique feature of the Symposium was the ‘Practitioners’ Track’ - a panel discussion on "Blockchain, Big Data and Business: The Way Forward" where distinguished experts from the industry like Mr. R Vivekanand (VP & Co-Head, TCS Financial Solutions), Mr. Rangaraj Sriramulu (SVP, Digital Transformation Alorica), Mr. Rajaram Venkataraman (Founder, Navya Insights) and Dr. Madhan Kumar Srinivasan (Analytics Innovation Principal and Lead, Cloud Innovation Centre, Accenture) participated and deliberated upon the critical issues pertaining to the topic.

The two-day symposium also had technical sessions on a variety of topics ranging from corporate finance, economic growth and governance to current issues such as Insolvency and Bankruptcy Code.