A five day workshop on “Essential Econometrics for Research in Finance” for research scholars and university teachers was concluded during December 26-30, 2009. The workshop covered topics starting from stylized facts of financial data, inferential statistics, regression analysis, asset pricing models, limited dependent variable regression models, volatility modeling. The sessions of the workshop was supplemented by discussing many national and international research journal papers related to the topic. At the end of the each day participants were given the exposure to application of theory using hands on practice on actual data using R and Eviews.

More than 30 participants attended the workshop. The participants consisted of research scholars from institutes like IIT Madras, IIT Bombay, IBS Hyderabad, and faculty members from state and central universities of India. The workshop was inaugurated by Prof. Dilip Nachane (Director, Indira Gandhi Institute of Development Research). He enlightend the participants on the nature and measurement issues of systemic risk and its relevance in policy framework. Prof. G. Sethu (OSD In-charge, NISM) and Mr. Soneji (Registrar, NISM) presented their views on the need of such kind of workshops for research scholars and university teachers and highlighted the objectives of NISM. The academic resource staff for the workshop were Prof. Kiran K. Kumar (Programme Director & Assistant Professor, NISM), Ms. Poonam Mehra (Assistant Professor) and Rajnish Kumar (Academic Associate, NISM).