About PGDM (SM)

Dr. Rachana Baid is Professor at National Institute of Securities Markets. She has been teaching, consulting, and training in financial markets since 1996. She has been a visiting faculty with XLRI Jamshedpur, S.P. Jain Global School of Management, Mumbai, Singapore and Dubai. Earlier she has taught courses at IIM-Indore, NMIMs Mumbai, and few other management schools. She has worked with Indian Institute of Capital Markets (IICM) for 9 years from 2001 to 2010. At IICM she has conducted more than 200 workshops and training sessions for the professionals in the Indian capital market as well as for the participants from other countries. She has conducted training sessions for the officers of IAS, IRS, and CBI as well as fund managers and senior bankers from the private sector banks and mutual funds.

She has been associated with consultancy assignments for clients in the public sector & private sector. She was the member of a team constituted by BankWorld Inc, Washington, DC as a local capital market expert to assess the United States Agency for International Development (USAID) assistance to Securities and Exchange Board of India (SEBI) and its future technical assistance needs. She has worked on assignments for the government of India in Investor Education & Protection. She has been involved in consultancy/advisory assignments for UTI mutual fund and the Association of Mutual Funds in India. She was part of the secretariat to assist the panel for National Award for Excellence in Corporate Governance 2001.

She has done Ph.D. in finance (2001) and Masters in Commerce (1995) from Osmania University

She has about a dozen research papers to her credit in leading journals.

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Dr. Latha Chari is a Doctorate in Finance from BITS Pilani, Post Graduate in Commerce and a FCMA (Fellow Member of the Institute for Cost Accountants of India). She has an experience of more than 18 years in teaching, research and academic administration and about 9 years in the Industry.  She started her academic career as a Fellow with IILM, Lodhi Road, New Delhi. At NISM, Dr. Chari has contributed towards the establishment of Algo and Trading Analytics Lab, where courses related to trading and investment are taught using the delayed asset prices of equity and derivatives received from exchanges. She has developed comprehensive curriculum that enables participants to enhance their investment skills, understand and navigate through highly volatile markets using different trading and investment strategies. She is teaching courses on Financial accounting, Financial Statement Analysis, Corporate finance, Equity research and Valuation, in addition to lab based investment management curriculum, across various full time, part time and training programs. She has been member of the Board of Studies of various Management Institutions and is currently a member of the Research Advisory Committee of SEBI.

Before joining NISM in 2014, Dr. Chari has worked with the Institute for Technology and Management, Navi Mumbai for more than a decade. During her academic tenure she has published papers in various national and international journals. She has also worked on research projects for SEBI and research funded by NSE-NYU under their joint research initiative. She has conducted several MDPs in the areas of financial asset valuation, strategic cost management, fundamental analysis, trading and investment in equities for a wide range of participants comprising of capital market professionals, regulators from both India and abroad.

Dr. Chari’s areas of research interests include strategic cost management, corporate valuations, shareholder value enhancement, market microstructure and Studies assessing the impact of policy decisions on investors, market quality and market integrity.

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Dr. Kirti Arekar is currently working with National Institute of Securities Markets as a Professor. She has been in teaching, research, training and consulting in Data and Statistical Analysis since 2000. Dr. Kirti worked with K.J. Somaiya Institute of Management, Welingkar Institute of Management (WeSchool) and Narsee Monjee Institute of Management Mumbai. She has been visiting faculty with SP Jain Global Institute of Management, Singapore and Manipal University, Dubai. She has conducted several training programs for corporates like BSE, NSE, BCCI, INS HAMLA, Lumiere, Mahindra & Mahindra and L&T etc. based on Decision Making, Statistics and Data Analysis etc.  by using several Software’s i.e. SPSS, EXCEL, EXCEL Solver, MegaStat, Minitab, SAS, R, Python, SAS and QM3+ etc. She has 275 Research publications in International and National Journals. She has presented several Research Papers in many Universities like Harvard University, Manchester, University of Emirates, University of Wellington and Hull University etc.

She has done PhD. in Statistics in 2002 and Integrated Program in Business Analytics from IIM Indore. She has received an award for Best Research paper at Inter 3RD International conference on global independence and decision science, Administrative Staff College of India, Hyderabad, 2008; Best paper awarded by Global Economy and Finance Journal, Canada, 2013 & University of Boston, USA in 2012. Under her guidance two students was awarded Ph.D. degree.

She was awarded as the Best Teacher Award for Excellence in Research & Teaching from Higher Education Forum in 2013; has been also awarded Fellowship from World Business Institute, Melbourne, Australia in 2013 and Best Researcher Award in Higher Education from K.J. Somaiya Institute of Management, Mumbai and Best Faculty Award in Teaching in Excellence from Bombay Management Association, BMA in 2019.

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Dr. Rajendra R. Vaidya has worked for the Indira Gandhi Institute of Development Research (IGIDR), Mumbai between 1991 and 2022. He has a PhD in Economics from the University of Pune (Gokhale Institute of Politics and Economics). He was awarded the Ford Foundation - Post Doctoral Research Fellowship in Economics - for the academic year 1997-98. Over this period, he was associated with Boston University. His research interests are in the fields of

Empirical Industrial organization, Macroeconomics and Corporate Finance. He has published a number of books and articles in these areas.

He served as a Member of Governing Board National Institute of Bank Management, Pune between 24.9.2011 to 23.9.2014. He held the position of Dean, Academic and Student Affairs from 1.10.2019 to 30.9.2021 at IGIDR.

He has worked on several projects funded by institutions like IDRC, Canada, Asian Development Bank, East Asia Bureau of Economic Research (EABER) and South Asian Bureau of Economic Research (SABER). He was a member of the Committee on the Pricing of Credit set up by The Reserve Bank of India under the Chairmanship of Mr. Anand Sinha, Deputy Governor in January 2012.

He has taught Macroeconomics and Corporate Finance for several years at IGIDR. He also has been a Visiting Professor at IIM Kolkata, XLRI Jamshedpur, SJM School of Management, IIT Mumbai and IIM Nagpur.

Dr. Jinesh has more than 30 years of experience in academics, consulting, and academic administration.

Jinesh is MBA with specialisation in Finance, Ph.D. in Management from Faculty of Management Studies (1994), The M.S. University of Baroda, and a CMA from Institute of Cost Accountants of India.

Before joining NISM, he managed an Advisory firm, Arham Advisors (2016-2021). It has undertaken assignments in domain of M&A, corporate valuation, Management Information Systems, etc.

He has served Indian Institute of Capital Markets, (IICM) (now merged with National Institute of Securities Markets (NISM), for more than a decade including serving as Dean (1995-2007). He has also served as Senior Vice President at Financial Technologies Group, and as Head of its Knowledge Management subsidiary (2007-2014).

He has published in area of corporate governance, ownership and performance, and M&As. He has taught full courses in area of Finance and Strategy, like, M&A, corporate finance, corporate valuation, and corporate restructuring at various IIMs and institutions of national repute.

He has worked on assignments with various Ministries of Government of India and its committees. He has conducted executive education programmes and consultancy assignments for domestic and global capital market regulators, in area of governance, valuation, venture capital, securities markets, and knowledge management frameworks.

Dr. Dhiraj Jain is a Ph. D in Management and a Fellow of the Insurance Institute of India. He has a corporate experience of 10 years and an academic experience spanning nearly two decades. His areas of interest include Quantitative Techniques, Business Statistics, Investment & Portfolio Management, Mutual Funds & Financial Derivatives. He has been a Corporate trainer for Equity markets and Mutual Funds for various Financial Institutions, Mutual Funds and Broking Houses and others. He has taken various sessions on Statistics, Research Methodology, Security Analysis and Portfolio Management and Financial Derivatives for management professionals at Wipro, Infosys, Tata Motors, Citius Tech and the like. He is an avid researcher and has a number of research papers, case studies and publications to his credit. His book Marketing Techniques for Financial Inclusion and Development is also indexed in the Scopus database. He has presented papers in various National and International conferences and had also received the best paper award in many of them. He has been a Ph. D guide for the past 8 years. 5 students have completed their Ph. D under his guidance.

Publications.

Dr. Kapil Shrimal is Associate Professor at National Institute of Securities Markets; he is having more than 13 years of experience of academics and 1-year experience of corporate. He has started his career with ICICI Prudential LIC and worked with Institutes like Prestige Institute of Management and Research, Indore, Symbiosis University of Applied Science Indore, Marwadi University Rajkot, etc. His last assignment was with PIMR, Indore.

His main area of teaching and research is Financial Planning, Portfolio Management, Derivatives, Financial Modelling, Financial Management, etc. He has conducted many Investment Awareness Program (IAP’s) on behalf of SEBI, NSE and ICAI India.

Dr. Shrimal has received Best Faculty award by Dainik Bhaskar in the year 2012. He has also received Best PhD Thesis award by Jaipuria Institute on Management Indore in the year 2018. He has presented and published research papers in International and National reputes and published one book. Some of his research papers got Best Research Paper awards in International Conferences.

He is into the editorial board and reviewer member of International Journal of Accounting and Financial Management Research. He is also associated with various Universities as a member of Board of Studies, Academic Council and PhD examiner.

Dr. Shrimal has done his PhD in Management (Finance) form Mohanlal Sukhadia University, Udaipur. He has also cleared UGC-NET and RPSC-SET in Management in the year 2012. Has done his MBA (Finance) and BBA from Devi Ahiliya University, Indore He has cleared many NISM certificates, NCFM modules and other certificate courses.

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Dr Jatin Trivedi is an Associate Professor at National Institute of Securities Markets. Before joining back NISM, he has worked as Nodal Officer for Queen Marry University of London, UK, and also Nodal Officer for Presidio Graduate School (Seattle and San Francisco – United States Campuses) as its program with Amity University. He has earned “Finance Guru” title and several awards for excellence in teaching the core courses for MBA graduates. MBA Finance and Global MBA programs during his teaching career for over two decades.

He holds Bachelor of Commerce in accounting & auditing, Bachelor of Education in Commerce (Position holder - specialization), Master of Commerce in accounting and financial management (Position holder - specialization), Master of Business Administrations in finance, G.I.T.W with Industrial Mathematics (First class first), DCA (First class first), Bachelor of Education in Commerce (Position holder in specialization) and Ph.D in Finance.

His research area includes Capital markets, International Relations, Corporate Finance, Financial Economics, and International Finance. He has been part of editorial board and invited reviewers in many reputed journals such as Journal of Sustainable Finance and Investment, Journal of Perspective Financing and Regional Development, International Journal of Asian Social Science, Journal of Applied Finance, Academic Research Journal of Finance etc.

Many of his research work that has been published with reputed journals which indexed in ABDC category, Scopus, Web of Science, SCI such as Journal of Business Economics and Management, Scientific Annals of Economics and Business, Annals of Economic Review, Mathematical Applications in Science and Mechanics, International Journal of Economics and Statistics etc. along with national and international authors. He has presented his research work to many national and international conferences which also includes several prestigious European and American conferences including Harvard Conferences, Boston, USA.

He holds membership with Indian Accounting Association, Finance & Accounting Professionals London, Charted Financial Analysts Network, New York, USA, etc. At NISM, he teaches in the areas of Accounting, Finance and Banking to full time post-graduate students in Securities Markets (PGDM – SM) and PGCSM.

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Ritesh is an Assistant General Manager with Securities and Exchange Board of India (SEBI), and is currently on deputation to National Institute of Securities Markets (NISM). He is a faculty member at NISM and is also the Program Director of the PGDM (SM) program at NISM.

Ritesh is actively involved in teaching and training in long term academic programs as well as corporate training programs at NISM. His teaching interest lies in varied subjects and areas related to Capital Markets, including Fixed Income Securities, Derivatives & Risk Management, Equities Markets, etc.

Before joining NISM, he has worked with SEBI for almost a decade. He has worked in the Investment Management Department and the Corporation Finance Department of SEBI. His areas of expertise include Equities Markets, Corporate Bond Markets, Public Issues and Capital raising, Initial Listing and Continuous compliances, and REITs & InvITs.

Ritesh has participated in various national and international conferences and seminars organised by various institutions and has also been a speaker in many such conferences and seminars. He has also represented SEBI in various meetings and roundtable discussions at multilateral forums such as IOSCO, G20 GFSG, etc.

Ritesh holds a Post Graduate Diploma in Management from IIM Lucknow and an M.Sc. in Wealth Management from Singapore Management University. He is also a CFA charter holder and a Chartered Accountant. Ritesh was also felicitated as India's Best Finance Teachers in 2021 by Association of International Wealth Management of India (AIWMI).

Dr. Pradiptarathi Panda is Assistant Professor at the National Institute of Securities Markets (NISM), having a decade of experience in teaching and research. Prior to NISM, Dr. Panda was a research scholar at Indian Institute of Capital Markets (IICM-now merged with NISM).  He holds a Master's in Finance & Control (MFC) from Berhampur University, an M.Phil. in Finance from Pondicherry Central University and Ph.D. in Finance from the University of Mumbai and has qualified UGC NET. His Ph.D. thesis “Stock Market Spillovers: Evidence from BRICS Countries” win the Best Doctoral Thesis Award by IIF International Conference and Award Summit 2021 organized by the Indian Institute of Finance.

His areas of research interests Include-International Capital Markets, Derivatives, Interest Rate Futures, Innovative financial instruments, and Financial Economics. His teaching interests are Financial Institutions and Markets (FIM), Applied Financial Econometrics, Financial Computing using R and Python, Research Methods and Data Analytics, Financial Derivatives, Global Financial Markets, Investment Management, and Trading in equity and equity derivatives.

He is a Guest Editor for Asia Pacific Financial Markets (an official journal of Japanese Association of Financial Econometrics and Engineering), and an editorial board member as well as a reviewer for a number of finance journals and World Finance Conferences.

He has published several research papers in indexed journals like ABDC, ABS, Scopus, Web of Science, SCI, along with others. Some of the journals Dr. Panda published his research papers are - Pacific-Basin Finance Journal, International Journal of Finance and Economics, Empirica, The Afro-Asian Journal of Finance and Accounting, Decision, Vision among others. He has presented research papers in a number of international and national conferences; has participated in several workshops and organised a number of Faculty Development Programmes (FDPs), Capital Market Conferences and Workshops.

Dr. Panda conducts market simulation sessions in the SMART Lab for education institutions and reputed cadre of Government of India including IAS, SEBI, RBI, IRS, IES, ICLS, Defence Officers, etc. He has also conducted programmes for officers from the Securities Exchange Commissions and Central Bankers from Cambodia, Laos, Myanmar, Vietnam, Bangladesh and ITEC programme officers.

He is the faculty Co-coordinator of the NISM Alumni Association and Capital Markets Conferences.

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Dr. Narsimhulu Siddula is an Assistant Professor at the National Institute of Securities Markets (NISM) with more than 15 years of Teaching and Research experience. Before joining NISM, he has worked as an Assistant Professor in the Department of Finance & Accounting at ICFAI Business School (IBS), a constituent of ICFAI Foundation for Higher Education (IFHE), Deemed-to-be-University, Hyderabad, Institute of Public Enterprise (IPE), Hyderabad as an ICSSR – Doctoral (Teacher) Research Fellow, and at reputed Management Institutes and Colleges in Hyderabad.

He holds Master of Commerce (M.Com) and Master of Business Administration (MBA) in the area of Finance, and Ph.D in the area of Finance on “Commodity Derivatives: Effectiveness in Price Discovery and Risk Management” from Department of Commerce, Osmania University, Hyderabad. He has qualified UGC – NET in Management and Commerce as well. He is the recipient of Indian Council of Social Science Research (ICSSR) - Doctoral (Teacher) Research Fellowship from Institute of Public Enterprise (IPE), Hyderabad, India (2013-15).

His areas of research interests include – Commodity Markets, Capital Markets, Asset Pricing, Corporate Finance, and Derivatives and Risk Management. He has published research papers in journals indexed in ABDC, ABS, Scopus, and others. He has presented research papers in various international and national conferences, and also participated in several workshops, conferences, and Faculty Development Programmes (FDPs).

His teaching interest lies in various subjects and areas related to Financial Reporting and Analysis, Corporate Finance, Securities Analysis and Equity Valuation, Forex Markets and International Finance, Fundamental Analysis, Commodity Markets, and Financial Risk Management. He teaches in various Full-time Academic and Executive Programmes offered at NISM. Also, takes sessions in training programmes at NISM.

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