Dr. Ruchika Agarwal

PROFESSIONAL EXPERIENCE

SVKM’s NMIMS – Pravin Dalal School of Entrepreneurship and Family Business Management

Associate Dean – NMIMS PDSE&FBM

Assistant Professor – Finance and Economics

Chairperson – Executive & Management Development Programs

Area Chair – Entrepreneurship & Faculty-in-Charge – Student Council

 

Teaching following courses to family business owners and entrepreneurs

Business Expansion and Valuation, Entrepreneurial Finance, Financial Management, Wealth Management, Working Capital Management, Microeconomics, Portfolio Management

 

International Immersion

October 2022, February 2024 & November 2024 – Belgium, Germany, Austria and Switzerland

 

Executive Trainings & MDPs Conducted

1. Managerial Excellence Programme for Retail Association of India (RAI) – Retail Finance Acumen (January and February 2025)
2. Executive Leadership Program – FADA GenX (January & September 2024, September 2025)

Financial risk analysis at firm level, Financial Goals & Wealth Management Strategy Framework

3. Maruti Suzuki – Indian Family Managed Business Programme (February & March 2024)

Family Management: Looking Beyond Raising Next Generation in Wealth Strategy Acumen – Competitive Advantage

4. Credilio Financial Technologies Private Limited – Personal and Professional Excellence (July 2023) Prioritization Goal Achievement & Goal Orientation
5. Paytm Money – Conducted Investor awareness sessions
6. Conducted session on “Literature Review” for over 30 GradXs Researchers from around the world.
7. Trained INS Hamla officials in the area of economics and portfolio management.
8. Conducted webinar on financial planning for over 100 participants in association with AIWMI
9. Co-Founder and Facilitator at VASH workshops
   • Conducted 1-day webinar & multiple weeklong workshops on Basics of Accounting & Finance
   • Conducted one day workshops on Financial Literacy for young minds

 

Supervised Executive Programs at PDSE&FBM

1. Executive Leadership Program – FADA GenX (3 Months Program every year)
2. She Rise (4-days workshop) for Inner Wheel Club of Bombay Airport, The Art of Inner Craft – Empower Yourself (1 day) for Inner Wheel Club of Bombay Airport across various domains
3. Developing short-term Women Leadership Program for Women in FADA (WiF)

 

Research Supervisor – GradXs

• IIC University of Technology (IICUT)
  • Prabhakar Deshpande (FNR210401) has successfully completed his Doctor of Philosophy (Ph.D.) in November 2024.
• Livingstone International University of Tourism Excellence & Business Management (LIUTEBM)
• Swiss School of Management (SSM)

 

Industry Assignments as Consultant

1. Vijaya Agencies, Mumbai – Financial Consultant (June 2021 – December 2021)
2. LinkUs Infratech Pvt. Ltd, Mumbai – Business Consultant (October 2016 – December 2017)

Product Development with IT Team & Business development and Marketing

 

Independent Director on the Board of Shringar House of Mangalsutra Ltd, a company listed on the National Stock Exchange (NSE)

Chetana’s Institute of Management & Research

Assistant Professor (August 2020 – January 2022)

 

1. L. Dalmia Institute of Management Studies and Research, Mumbai

Assistant Professor (Dec 2010 – August 2020), University Approved Faculty

 

Subject Expertise – Economics for Business, Economic Environment of Business, Portfolio Management, Financial Markets & Institutions, Financial Management, Security Analysis, Wealth    Management, Entrepreneurial Finance

 

Other Responsibilities

• NBA Coordinator, Committee Member (Examination, International Research Conference, Ombudsman Committee, Time Table Designing)
• Faculty In-Charge (Data Science Certification, Alumni Meet, National Level Paper presentation competition, Entrepreneurship cell, Inter and Intra Institute Student Competitions)
• Key role in implementation of Edmojo Software for NBA purpose
• Trained students on portfolio management on Bloomberg Platform
• Mentorship and guidance to students for SIP, IOP and research papers

 

ICFAI Business School, Mumbai

Visiting Faculty (Security Analysis & Portfolio Management) (Oct 2019 – January 2022)

 

Evalueserve Ltd., Gurgaon

Senior Business Analyst (May 2007 – Dec 2008)

 

    Roles and Responsibilities

Assisted the Portfolio Manager of one of the biggest Investment Banks for research work in

Singapore FMCG Sector, Indian FMCG & IT sector. Prepared companies buy side reports involving

financial forecasting.

 

CRISIL Ltd., a Standard & Poor’s Company, Mumbai

Executive analyst (Jan 2006 – April 2007)

 

     Roles and Responsibilities

• Responsible for Corporate Credit Rating to 10 U.S. Companies ( Utilities Sector) including drafting and presenting of rating rationales, Assisted the team working in Sovereign Ratings
• Prepare and update training material as a part of Knowledge Transfer initiative to members of other teams on current topics and trends in rating industry.

 

Prabhudas Liladher Pvt. Ltd. – Received PRE PLACEMENT OFFER

Summer Intern (May – June 2005)

• Won Best Finance internships Project (All India) Award by PUMBA, Pune.
• Technical Analysis of Future and Options
  • Impact of Put-Call ratio, Open Interest Changes in Futures, Implied and Historical Volatility on Spot Price of NIFTY and other stocks.
  • Impact of FII activity in Index Futures on NIFTY Spot.

 

EDUCATION

Mumbai University                                                                                               

Awarded Ph.D. in Management in April 2019

 

Mumbai University (IDOL)                                                                                    

M.A. Economics with first class, July 2014

 

1. L. Dalmia Institute of Management Studies & Research, Mumbai

PGDBM (Finance) with Distinction, May 2006

 

HansRaj College, Delhi University                                    

Bachelor of Science with Distinction, May 2004    

 

Additional Qualification & Certification

• Certificate for participating in Digital Training on Valuation and Fundraising for Tech by VCCircle.
• StartupsCertificate in Corporate Valuation from AIWMI
• FDP Certification from Bloomberg on Fixed Income Securities and Macroeconomics
• Data Science: R Basics” from HarvardX
• Data Scientist’s Toolbox certfication from Johns Hopkins University
• Regression Modeling and Statistics, Econometrics Theory from Udemy
• Derivative Module – NCFM

 

Research Publications & Presentations / FDPs

 

Paper/Case Presentations

1. March 2025: Won Best Paper Presentation Award – Paper Titled ‘Effective Portfolio Hedging with Chirag’s Strike Strategy: Analysis of Hedging with NIFTY 50 Index” presented at CIMR 8th National Research Conference (2025) on Transforming Business and Society – Harnessing the power of technology.
2. December 2024: Case study titled “Symbio Generrics Growth Journey,“presented at IIM Nagpur IVEY Case Conference 2024
3. July 2024: Won Best Paper Presentation Award – Paper titled ‘Nexus Between Geopolitical Risk and Stock Returns: Evidence from Developed and Emerging Markets’ at XIMR Research Conference on Management Challenges in the Era of Geopolitical Tensions.
4. March 2023: Won Best Paper Presentation Award (2^nd Prize) – Paper titled ‘Wealth Management Practices in Indian Context’ in the conference “Research Conference on Contemporary Management Practices” organized by XIMR.
5. January 2023: Presented paper titled ‘Portfolio Optimization using Short look back period volatility: An application of Modern Portfolio Theory’ at 12th Annual KJSIM Intenational Finance Conference (SIFICO-2023) hosted by Centre of Excellence in Capital Markets K. J. Somaiya Institute of Management.
6. December 2021: Paper presented on “Are finance graduates ready for the challenges of a Data driven world” for ISDSI-Global 2021 conference by IIM Nagpur.
7. October 2021: Won Best Paper Award (3^rd prize) – Paper presented on “Impact of COVID-19 on MSME growth” for FCRIMS International Management and Business Research Conference 2021 on Sustainable Development post COVID 19.
8. February 2021: Paper presented on “Journey towards Self-reliance – A comparative study of the J2SR country road maps of ASEAN Countries with India” for CIMR International Conference.
9. January 2020: Paper presented on “IPO performance in India” for SIMSR IFC 2020.
10. May 2016: Paper Presented at ‘ Middle East Conference on Global Business, Economics, Finance and Social Sciences & International Academic Conference on Marketing & Tourism’ at Dubai-UAE.
11. February 2014: Research Paper presented along with students on Skill Development & Entrepreneurship in conference by Maharashtra Economic Development Council & IES, 2014.

 

Book/Research Publications

1. Asbe, C., & Agarwal, R. (2024). Nexus between geopolitical risk and stock returns: Evidence from developed and emerging markets. Research Conference on Management Challenges in the Era of Geopolitical Tensions(pp. 48–56). ISBN: 978-93-91044-92-3.
2. June 2024 – A study on the implementation of sustainable development goals by listed companies of India. Accountancy Business and the Public Interest, ABDC B category, 40(6), 75–90
3. March 2023: Book Chapter – Approach to Wealth Management Practices in Family Managed Business: An Indian Context, Book Titled Research Conference Proceedings on Contemporary Management Practices, ISBN: 978-93-91044-13-8
4. December 2022: Creating Resilience in Portfolio Management by Effective Hedging with Derivatives. Mathematical Statistician and Engineering Applications, 71(4), 9884-9890
5. February 2021: Book Chapter – FII Inflows & Indian Stock Markets Dependency on FII, Book Titled ASEAN and Indian Business Perspectives: Contemporary Approach, ISBN: 978-93-91260-65-1
6. February 2021: Book Chapter – Mergers and Acquisitions: Harnessing the resources to Boost banking Sector, Book Titled ASEAN and Indian Business Perspectives: Contemporary Approach, ISBN: 978-93-91260-65-1
7. October 2021: Impact of COVID-19 on MSME Growth and Financing in India. Bengal, Past and Present, 117, 406-417
8. December 2020: Performance of Indian Stock Markets driven by corporate growth story or Investor’s sentiments. Seybold Report, 15(9), 406-416
9. Guided a PGDM Finance student to successfully publish a research paper titled “Investment Analysis and Portfolio Management of Top 10 Stock Picks in India Amid Market Turmoil in COVID-19” in IJSR Journal.
10. April 2020: The effects of the global financial crisis on IPO pricing and investor participation: Insights from India, Asian Journal of Multidimensional Research, 9(4), 137-152.
11. January 2018: IPO Activity and Investor’s Sentiment: An Indian Study. International Journal of Advance Research in Computer Science and Management Studies, 6(1), 6-12.
12. August 2016: New International Financial Order – Need of the Hour. Contemporary Research in India, 6(3), 6-15.
13. July 2020: Authored a book, IPOs in Indian Markets: Performance Analysis Since 2001 (978-620-2-68329-6, Lambert Academic Publishing)

 

Additional Assignments

• March 2023: Invited as Session Chair for Finance Track Online Global Entrepreneurship and Management Summit AAROHAN 2023 organized by ATLAS SkillTech University, Mumbai.
• November 2022: Constituted as Academic Council Member by GradXs, an educational support service organisation which has partnered with Swiss School of Management, Switzerland; IIC University of Technology, Cambodia; LIUTEBM University, Zambia; IU International University of Applied Sciences, Germany
• Editorial board member for International Journal of Economics, Finance and Management Sciences, (Included by ‘Directory of Research Journal Indexing’, ‘Eurasian Scientific Journal Index’, ‘CrossRef’ and many others abstracting and indexing databases)

 

FDPs & Conferences Attended

• Women Entrepreneurs Opportunity Conference, co-hosted by IFC and Goldman Sachs 10,000 Women. The conference was held on November 29, 2024, at the Taj Mahal Hotel in New Delhi.
• FDP on Case Study by Dr Saral Mukherjee on 23 August 2024
• National Skill Conclave Maharashtra, organized by APAC News Network and the Maharashtra State Skill Development Society on August 29, 2024, in Pune
• FDP on Bivariate Analysis, September 2021-09-28COVID-19 Data Analysis and Forecasting using Python Workshop by Finland Labs, May 2021.
• 5 days Faculty Development Program on UHV conducted by AICTE, May 2021
• Quality Teaching and Research by AICTE and IMI Bhubaneswar, January 2021.
• Short Term Training Program on New Trends and Modern Approaches in Commerce Management” by VSIT, November 2020
• Getting Aligned to the Publishing Process”- Elsevier, September 2020
• Learning, Pedagogy and Effective Use of Case Methodology by ASM and ASMA, May 2020
• Research Manuscript Writing: Skills and Ethical Misconducts – Thakur College, May 2020
• Block Chain in Management & Finance – Thakur College of Science & Commerce, May 2020
• Changes in the Higher Education Sector and Strategies for Management Education in India’ by Business Standard Learning, May 2020
• Case Teaching & Writing Workshop by AICTE, August 2019

 

 

ACHIEVEMENTS AND AWARDS

• Awarded Best Paper Presentation Award at CIMR 8th National Research Conference (2025) on Transforming Business and Society – Harnessing the power of technology.
• Awarded Best Paper Presentation Award at XIMR Research Conference on Management Challenges in the Era of Geopolitical Tensions.
• Awarded for exemplary contribution for student council & executive programs (NMIMS PDSE&FBM 2024)
• Awarded India’s “Top Women in Finance 2023” award by Equalifi in association with Valuefy for the contribution towards financial literacy during and post COVID-19.
• Awarded Best Paper Award (2nd prize) in the conference “Research Conference on Contemporary Management Practices” organized by XIMR.
• Awarded Best Paper Award (3^rd prize) in FCRIMS International Management and Business Research Conference 2021 on Sustainable Development.
• Recognised in Exqualifi Member Series for ‘Enriching Professional Journey’.
• Active Volunteer Recognition from AIWMI for QualifiIndia Initiative
• Awarded Excellence in Education Award 2020 by Agarwal Sewa Samiti.
• Awarded Gold Medal for being Best Student of 2004-2006 Batch in N. L. Dalmia
• Winner of PUMBA Best Summer Project contest at National Level
• 2nd Rank in graduation in Delhi University and 1st Rank in HansRaj College
• Won Badminton and Table Tennis tournaments at Zonal Level