Dr. Arindam Banerjee
Associate Professor
Department of Commerce
Email: [email protected]
Educational Qualifications
- 2018 – National Institute of Technology Durgapur – Ph.D. (Management Science)
- 2014 – Indira Gandhi National Open University – MCOM
- 2009 – Financial Planning Standards Board India – Certified Financial PlannerCM
- 1998 – The Institute of Cost Accountants of India – FCMA
Dr. Arindam Banerjee pursued his doctoral research at National Institute of Technology, Durgapur, India. 15 years of teaching and research experience An institute of national importance (INI). He is also a fellow of ICAI-CMA (FCMA) and a Certified Financial Planner (CFPCM) by qualification. Dr. Banerjee authored textbook on Financial Management published by Oxford University Press. He published several papers in peer reviewed (Scopus indexed and ABDC ranked) journals. His major research interest lies in the area of Behavioral finance and experimental finance. Dr. Banerjee also acted as editor of ‘Business Perspectives’ (ISSN 2581-9542) and ‘Asia-Pacific Journal of Management Research and Innovation’ (APJMRI) (ISSN 2319-510X) in the recent past. Production process of both the journals are managed by SAGE. He conducts corporate trainings in the areas of Finance and Accounting. Author: Financial Management. Pub: Oxford University Press
Work Experience
Dr. Arindam Banerjee brings an extensive professional experience in the fields of research and teaching, demonstrating a strong commitment to academic excellence and intellectual contribution. Over the years, they have successfully balanced diverse roles as an educator, mentor, and researcher, making significant contributions to their domain of expertise.
Teaching Experience:
With a career spanning nearly two decades, Dr. Banerjee has imparted knowledge in Corporate Finance, Behavioral Finance, Derivative and Risk Management, and Investment Management to undergraduate, postgraduate, and doctoral students. The teaching philosophy emphasizes an interactive and application-oriented approach, bridging theoretical concepts with real-world scenarios. The faculty has also developed innovative course materials and implemented advanced pedagogical techniques to enhance student engagement and learning outcomes.
Executive Education
Dr. Banerjee also conducted seminars, workshops and acted as invited speaker for working executives. Few of them are as below:
1. Invited to conduct a masterclass at 11th edition of The Times Group ET Now Supply Chain and Logistics Summit scheduled on 28th June 2024 at New Delhi, India
(https://et-edge.com/conferences/supplychain/masterclass/)
2. Invited to speak at 6th Cost Convention organized by the Cochin chapter of The Institute of Cost Accountants of India on 28th April 2023 at Cochin, India (https://icmaicochin.in/)
3. Invited to speak at the Regional CMA Convention 2022 organized by Southern India Regional Council of The Institute of Cost Accountants of India on 5th /6th November 2022 at Chennai, India. (https://www.sircoficmai.in/)
Online Training
Dr. Banerjee acted as instructor for online training courses. Some of them are mentioned below:
- NPTEL Swayam: Fundamentals of Cost Accounting (https://onlinecourses.nptel.ac.in/noc24_mg114/preview) (Aug – Oct 2024). This course was administered by Indian Institute of Technology Madras (IITM). The total number of learners enrolled was around 4600.
- Certificate Course in Data Analytics for Working Professionals (100 Hours)
(https://icmai.in/Advscc/DAFP/index.php)
The objective of this course is to equip the working executives with the latest concepts, tools and techniques for effective financial decision making. This course was administered by The Institute of Cost Accountants of India. The participants were the working professionals from leading organizations e.g. Amazon, Tata Motors Limited etc.
Research Contributions
As a researcher, Dr. Banerjee has an impressive portfolio of peer-reviewed publications in national and international journals. The work focuses on behavioral finance, corporate finance, investment management etc. contributing novel insights and methodologies. They have also presented at prestigious conferences and collaborated on interdisciplinary projects, showcasing their ability to adapt and innovate within evolving academic landscapes.
Leadership and Mentorship:
In addition to teaching and research, the faculty has guided numerous PhD, master’s and undergraduate students, fostering the next generation of scholars and professionals. Their leadership roles in academic committees and professional organizations further underscore their dedication to advancing education and research.
Publications
- Banerjee A (with Ramkumar M) (2024). A Comprehensive Analysis of the Behavioral Factors Influencing Stock Market Investing. The Management Accountant (ISSN 0972-3528). TMA is listed on UGC-CARE and published by The Institute of Cost Accountants of India. (Impact factor: 0.563)
- Banerjee, A. (with Banerjee S) (2023), Synergy of Corporate Social Responsibility and Sustainability Finance: A Nexus for Positive Impact. The Management Accountant (ISSN 0972-3528). TMA is listed on UGC-CARE and published by The Institute of Cost Accountants of India. (Impact factor: 0.563)
- Banerjee A (with Ramkumar M) (2023). Impact of behavioral aspects on stock market investing. The Management Accountant (ISSN 0972-3528). TMA is listed on UGC-CARE and published by The Institute of Cost Accountants of India. (Impact factor: 0.563)
- Banerjee, A. (2021). Forecasting price levels in India – An ARIMA framework. Academy of Marketing Studies Journal. (ISSN 1095-6298) (ABDC – B) (https://www.abacademies.org/articles/Forecasting-price-levels-in-india-an-arima-framework-%201528-2678-25-1-329.pdf)
- Banerjee, A. (2020). Forecasting of CBOE volatility of VIX (VVIX) as a measure of predicting extreme events – An ARIMA framework. International Journal of Scientific & Technology Research. (ISSN 2277-8616) (Scopus) (https://www.ijstr.org/final-print/mar2020/Forecasting-Of-Cboe-Volatility-Of-Vix-vvix-As-A-Measure-Of-Predicting-Extreme-Events-An-Arima-Framework.pdf)
- Banerjee, A. (2019). Forecasting of INDIA VIX as a measure of sentiment. International Journal of Economic and Financial Issues. (ISSN 2146 4138) (ABDC-C). (https://www.econjournals.com/index.php/ijefi/article/view/8046/pdf)
- Banerjee, A., De, A., & Bandyopadhyay, G.(2018) Momentum Effect, Value Effect, Risk Premium and Predictability of Stock Returns – A Study on Indian Market. Asian Economic and Financial Review (ISSN 2305-2147) (Scopus). (DOI: 10.18488/journal.aefr.2018.85.669.681)
- Banerjee, A., De, A., & Bandyopadhyay, G. (2018). Impact of Demographic Profile on Investor Biases in India using OLAP and ANOVA. Research Bulletin (ISSN 2230 9241). Journal of The Institute of Cost Accountants of India. (DOI: 33516/rb.v43i4.75-94p)( http://icmai-rnj.in/index.php/rb/article/view/128540)
- De, A. & Banerjee, A. (2018). Financial andQualitative Performance Analysis of Britannia Industries Limited. The Case Centre, UK. (https://www.thecasecentre.org/main/products/view?id=154101 )
- Banerjee, A., De, A., & Bandyopadhyay, G. (2017). A Study on Behavioral Biases among selective Indian investors. Research Bulletin (ISSN 2230 9241). Journal of The Institute of Cost Accountants of India. (DOI: 33516/rb.v43i1.25-37p)( http://icmai-rnj.in/index.php/rb/article/view/117453)
- Kumar, V. & Banerjee, A. (2013) Wise Financial Planning. IMT Case Journal (ISSN 2229-6743). Case journal of Institute of Management Technology (IMT), Nagpur. (http://imtcj.ac.in/?page_id=105)
- Banerjee, A. (2012). Sustainable Development – An Indian Perspective. The Management Accountant (ISSN 0972-3528). Journal of The Institute of Cost & Works Accountants of India.
- Banerjee, A. & Saraawat, P Financial Inclusion – An Overview (2012). The Management Accountant (ISSN 0972-3528). Journal of The Institute of Cost & Works Accountants of India.
- Banerjee, A.. Accounting for Intangible Assets in the light of IAS 38. The Management Accountant(ISSN 0972-3528). Journal of The Institute of Cost & Works Accountants of India.
Books, and Chapters
Book
- Banerjee, Arindam. (2016). Financial management. Oxford University Press.
- Banerjee Arindam (2022). Business Data Analytics (Paper 11) study material. CMA Examination. Pub: The Institute of Cost Accountants of India.
Book Chapter
- Arindam Banerjee (with M Ramkumar) wrote a chapter titled ‘Impact of festivals on Indian Stock Market – A Study’ in a peer reviewed book in January 2023 (ISBN 978-81-957782-2-5).
- ‘Advanced Data Analysis, Business Analytics, and Intelligence’ (conference proceeding) published by Indian Institute of Management, Ahmedabad. (ISBN No.: 978-81-909529-2-7)
- ‘Paradigm for Sustainable Business: People, Planet and Profit’ (ISBN 978-93-81583-94-4) published by Indian Institute of Technology (IIT), Roorkee. India
- ‘Management Cases: A Treatise’ (ISBN: 978-93-82062-94-3) published by Asia-Pacific Institute of Management in association with PHD Chamber of Commerce, New Delhi.
- ‘Beyond Norms: Strategies For Excellence’ published by Bloomsbury Publishing India Pvt Ltd. (ISBN: 978-93-82563-45-7)
- ‘Trends in Marketing Towards Business Excellence’ published by Macmillan Publishers India Ltd (ISBN: 978-935-059-028-7)
- ‘Advanced Data Analysis, Business Analytics, and Intelligence’ (conference proceeding) published by Indian Institute of Management, Ahmedabad. (ISBN No.: 978-81-909529-1-0)
Conference, Seminar Paper and Presentations
- Arindam Banerjee (with Christina N) presented a paper “The Financial Literacy on Behavioural Bias Among Investors.” in 6th International Conference on Financial Markets and Corporate Finance (ICFMCF 2024), 6th July, 2024 at IIT Dhanbad.
- Arindam Banerjee (with Christina N) presented a paper “Unravelling the Web: A Bibliometric Analysis of the Impact of Social Media on Investor Sentiment” in ICNPECS (International Conference on New Paradigms in Economy, Commerce and Society), on 20th April 2024 at Christ University Delhi NCR.
- Arindam Banerjee (with M Ramkumar) presented a paper titled ‘Individual investors’ perception of dividend decision in Indian perspective’ at 9th PAN IIM World Management Conference held on 22nd January – 24th January 2024 at Indian Institute of Management, Sambalpur.
- Arindam Banerjee (with M Ramkumar) presented a paper titled ‘The Linkages and Effects Between the Consumer Confidence Index and Stock Market Indices in the Indian Context’ in 2nd International Finance Conference on Emerging Trends in Business and Management (ICETBM 2024) in March 2024 at SSN School of Management, Chennai, India.
- Arindam Banerjee (with Christina N) presented a paper titled ‘Unravelling the Web: A Bibliometric Analysis of the Impact of Social Media on Investor Sentiment’ in 2nd International Finance Conference on Emerging Trends in Business and Management (ICETBM 2024) in March 2024 at SSN School of Management, Chennai, India.
- Arindam Banerjee (with M Ramkumar) presented a paper titled ‘‘Impact of festivals on Indian Stock Market – A Study’ in 12th International Finance Conference (SIFICO 2023) in January 2023 at K J Somaiya Business School. The theme of the conference was ‘emerging trends in finance’
- Second International Conference on Frontiers of Operations Research and Business Studies, held on 27th – 28th December 2019 at Calcutta Business School. Kolkata.
- Third International Conference on Business Analytics and Intelligence Indian Institute of Management Bangalore 17-19 December 2015 http://dcal.iimb.ernet.in/baiconf2015/pdf/Book%20of%20Abstracts.pdf
- 2nd International Conference on Business Intelligence, and Management held on 9th – 11th January, 2014 at National Institute of Technology, Durgapur, India. Title of the paper is ‘A Study on Carhart Four-Factor Model in the Perspective of Indian Market’.
- 3rd IIMA International Conference on Advanced Data Analysis, Business Analytics and Intelligence held on 13th – 15th April, 2013 at Indian Institute of Management, Ahmedabad. Title of the paper is ‘An Experiment on Anchoring Bias in Financial and Economic Decision Making’. The abstract of the Paper may be viewed at http://www.iimahd.ernet.in/icadabai2013/ under the sub-head ‘Conference Abstracts’.
- National Conference on Paradigm of Sustainable Business held on 8th – 9th March, 2013 at Indian Institute of Technology, Roorkee. Title of the paper is ‘Hindsight Bias in Financial and Economic Knowledge – A Study’.
- International Conference on ‘Changing Dynamics in The Global Village’, 2013, held on 5th January – 6th January, 2013 at India International Centre, New Delhi. The conference is organized by Symbiosis Centre for Management Studies, Noida. The title of the paper is ‘Factors Influencing Adoption of Recent Technology by Indian Business Enterprises – An Exploratory Study’
- International Conference on Facets of Business Excellence, 2012, held on 29th November– 1st December, 2012 at Institute of Management Technology, Ghaziabad. The title of the paper is ‘An Experiment on Effect of Anchoring Bias in Financial Decision Making’.
- Third International Case Conference, 2012, held on 29th November– 1st December, 2012 at Institute of Management Technology, Nagpur. The title of the case is ‘Airtel Money’.
- International Conference on Facets of Business Excellence, 2011 held on 4th – 7th November, 2011 at Institute of Management Technology, Ghaziabad. The title of the paper is ‘The Impact of e-Readyness on e-Commerce Success in India: Some Firm Level Evidence’.
- 3rd Conference on Excellence in Research and Education held on 13th – 16th May, 2011 at Indian Institute of Management, Indore. Title of the paper is “Do People Really Sale Winning Stocks Early?”.
- 2nd IIMA International Conference on Advanced Data Analysis, Business Analytics and Intelligence held on 8th – 9th Jan, 2011 at Indian Institute of Management, Ahmedabad. Title of the paper is ‘The Effect of Weather on Indian Stock Market – An Empirical Study’. The abstract of the Paper may be viewed at http://www.iimahd.ernet.in/icadabai2011/ under the sub-head ‘Conference Abstracts’.
- International Conference & Colloquium on Research and Education held on 25th – 28th Sept, 2010 at Indian Institute of Management, Indore. Title of the paper is “Usefulness of Internet in enhancement of learning – A study of students’ perception”.
Newsletter
- Arindam Banerjee writes a column on stock market developments in the monthly newsletter titled ‘Industry Insights’ published by The Institute of Cost Accountants of India since October 2023
Blog
- Arindam Banerjee occasionally writes blog on Medium, which may be accessed here: https://medium.com/@arindamb
Area of Research
- Behavioral Finance
- Financial Data Analytics
- Investment Management
- Personal Finance and Wealth Management
Links
Phone: 044-27461700 / 9711694689
Ext: 2026
Awards & Fellowships
- CFA Research Challenge – ‘Outstanding service as faculty advisor’ award by CFA Society, India (2020-21)
- CFA Research Challenge – ‘Outstanding service as faculty advisor’ award by CFA Society, India (2019-20)
- CFA Research Challenge – ‘Outstanding service as faculty advisor’ award by CFA Society, India (2018-19)
Memberships
- Fellow – The Institute of Cost Accountants of India (FCMA)
- Member – Indian Accounting Association