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Mukesh Patel School of Technology Management and Engineering
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Dr. Abhay Kumar 

Associate Professor

SM handles:

Educational Qualification (highest): Ph.D

MA, MBA, CFA (India)

FDP (IIM Indore)

 

Area of Research : Financial Markets, Corporate Finance

Department: Technology Management (Finance)

PhD Scholars:

  1. C Rami Reddy
  2. Pallavi Dongare
Basic Information:
  • Email Id:abhay.kumar@nmims.edu
  • Landline extension: 022- 42334858
  • Desk (location): Faculty room 801, Cabin-1
Awards
  1. INCAS (INC Alumni Association) Best Faculty award for 2008 and 2009.
  2. Award by Air Officer Commanding, 11 BRD, Air Force for assisting College of Defence Management Team in the study of Cost Accounting in IAF at 11 BRD.
  • Best Research Paper Award for the paper “An Empirical Analysis of Co-integration of Indian stock market with the markets of developed European countries” in Big data Analytics & Smart cities International Conference 16 hosted by Vivekananda Education Society & BSE, Mumbai”.
  1. Best Case Award for the management case “A case of Failed Delisting attempt of Vedanta Limited” in 16th International Conference on Business and Finance-2024, IBS Hyderabad held on 29th Feb to 01st Mar 2024.
  2. Best Research Paper Award for the paper “Impact of Innovation and Internationalization on Firm Performance in Manufacturing Sector” in National conference on Rural and Women Entrepreneurship 4.0, St John College, Palghar held on 29th April 2024.
  3. Best Research Paper Award for the paper “A Novel Extension of RCCP for Forecasting accuracy of purchase orders: A case of sports & fitness industry” in National e – Conference” on “Industry 5.0: Transition Towards Sustainability, Ashoka Business School, Nashik held on 22nd & 23rd of May 2024.

Best Research Paper Award for the paper “Proportion of Offer for sale and its impact on listing gains and short-term gains” in one day international multidisciplinary conference at JK College of Science and Commerce (Tilak Education Society) on 24th Aug 2024

Publications:

Journals

  • Tripathi NN, Tiwari A, Hammoudeh S, Kumar A (2024). Does crude oil price volatility affect risk-taking capability in business group firms: evidence from India. International Journal of Managerial Finance, ISSN: 1743-9132, (ABDC Category “A” Journal)
  • Banga C, Kumar A & Deodhar S (2022), Jet Airways;Flying into Ground. Harvard Business Review. Product Number:A00412-PDF-ENG, (ABDC Category “A” Journal)
  • Reddy CR & Kumar A (2025), A Systematic Literature Review on E-Learning at Small and Medium Enterprises (SMEs): Benefits, Challenges and Trends, Empirical Economics Letters, 24 (Special Issue 4): ISSN 1681 8997, https://doi.org/10.5281/zenodo.15170143. (ABDC Category “C” Journal)
  • Reddy CR, Muppavaram GS & Kumar A (2025), Personalized Learning for Indian Defence SMEs: A Study on Learner Preferences and VARK Learning Styles, Journal of Informatics Education and Research Vol 5 Issue 2, ISSN: 1526-4726 DOI: https://doi.org/10.52783/jier.v5i2.2589. (ABDC Category “C” Journal)
  • Sinha AK, Mishra AK, Kumar A, Sireesha B, Tripathi NN (2024). Dynamics of Financing Innovation in Indian SMEs: Evidence from World Bank Enterprise Survey. IUP Journal of Accounting Research & Audit Practices, 23 (1), ISSN:2583-5211. (ABDC Category “C” Journal)
  • Reddy CR & Kumar A (2025). Integrating Large Language Models and Personalized Learning in Medical Education: Potential, Challenges, and the Path Ahead: A Systematic Review. Journal of Informatics Education and Research. ISSN: 1526-4726 Vol 5 Issue 2. (ABDC Category “C” Journal)
  • Kumar A & Sinha AK (2024). Volatility Forecasting of Green Bonds Market and its Dynamic Conditional Correlation on Selected Bond Markets. Empirical Economics Letters, 22 (12), ISSN:1681-8997. (ABDC Category “C” Journal)
  • Sinha AK, Mishra AK, Kumar A (2024). Impact of Productivity Spillovers from R&D Trade and FDI on SME s in India. The IUP Journal of Applied Economics, 23 (2), (ABDC Category “C” Journal)
  • Wadhwa S, Kumar A, Ramanan B & Sinha AK (2025). Comparative Analysis of Options Pricing Models. Journal of Informatics Education and Research. ISSN: 1526-4726 Vol 5 Issue 2. (ABDC Category “C” Journal)
  • Wadhwa S, Ramanan B, Kumar A (2024). A Bibliometric Study of the McKinsey 7S Model and Insights from its Application to the Kurukshetra War. Empirical Economics Letters, 23 (V1) ISSN:1681-8997. (ABDC Category “C” Journal)
  • Kumar A, Rastogi S, Sinha AK & Sireesha B (2024). Analyzing the Pattern and Volatility of Selected Cryptocurrencies Using ML and Finance Models, ISSN; 0972-690X, Vol-23, Issue-3. (ABDC Category “C” Journal)
  • Kumar A, Rastogi S (2024). Crypto Wallets:The heart of Virtual Currency. Humanities and social Science studies, 12(2). ISSN:2319-829X (UGC Care)
  • Wadhwa S, Kumar A (2024). Universal Basic Income Policy as Catalyst for Economic Growth- A Bibliometric Analysis. Humanities and social Science studies, 12(2). ISSN:2319-829X (UGC Care).
  • Kumar A & Sinha AK (2024). Innovation and Transformation in Monetary System: Case for Single currency for the World. Humanities and social Science studies, 12(2). ISSN:2319-829X. (UGC Care)
  • Kumar A & Soni R (2020). Testing Market Efficiency of Select Indian Pharmaceutical Stocks. International Journal of Economics and Financial Issues  2020, 10(3), 208-216  PP 208- 216 (ABDC Category “C” Journal)
  • Kumar A & Rastogi R (2020). Potential of Blockchain Technology in the financial services sector. NMIMS Engineering Review vol II, Issue 1 PP 63-75
  • Kumar A (2019). IPO Grey Market and Its Impact on price discovery. Indian Journal of Economics and Business 0972-5784, Feb 2019 (ABDC Category “C” Journal) PP 67-77
  • Kumar A (2019). The Impact of CEO turnover on a company. Pramana Research Journal Volume 9 Issue 4: April 2019
  • Kumar A. Akhani V. Dixit A. Khetan A. Mishra P & Negi R (2021). An Empirical Analysis of Factors influencing listing return of IPOs. IEEE xplore digital library. 978-1-6654-2237-6
  • Kumar A. Parihar M. Bansal S. Chavan S. Kotavia S & Shankar S (2021). Computing Causality Between Macro-economic Indicators and Indian Financial Markets. Springer, Cham. 978-3-030-93463-7 (Scopus)
  • Kumar A. Parihar M. Devaria A. Khanna A. Khande S & Shankar S (2021). Does Interest Rate Parity Hold Good for INR-USD Exchange Rate? Analysing via Computational Technique. Springer, Cham. 978-3-030-93463-7 (Scopus)
  • Kumar A & Choudhary T (2021). The Immediate Impact of Covid 19 on Indian Economy. Shodh Sarita, Vol-8, Issue 29, 2021. 2348-2397(UGC Care)
  • Parihar M & Kumar A (2019). An Economic Analysis of Mass Rapid Transit System (MRTS) in India with Special Reference to Jaipur Metro Rail in Rajasthan. IEEE Xplore digital library. document/ 9051472
  • Kumar A (2019). Co-integration of Indian Stock Market with the markets of Developed European Countries. Paripex- Indian Journal of Research. Volume 5, Issue : 12, December 2016
  • Kumar A (2019). Co-integration of Indian stock market with US stock market. International Journal of Research in Commerce, IT & Management (VOLUME NO. 6 (2016), ISSUE NO. 06 (JUNE)
  • Kumar A (2019. High frequency trading: A new challenge for the market regulators. International Journal of Research in Commerce, IT & Management
  • Kumar A (2019. Hard hit Investors: Governance lapses of NSEL scam. International Journal of Research in Commerce, IT & Management
  • Kumar A (2012). Interest Rate Futures a failed instrument of Indian Capital Market. International Journal of Advances in Mgt, Tech & Engineering Sciences Vol. I, Issue 8(II) 2249-7455 PP 103-107
  • Kumar A (2012). Deemed to be Insiders: Major players of Insider trading. KRSCMS Management Journal 2230-8067 (Vol-2, Issue- 2012). PP 15-21
  • Kumar A (2011). Interdisciplinary Research: A new approach to solve management problems. International Journal of Advances in Management Technology & Engineering Sciences 2249-7455. Vol. I, Issue 2(III)
  • Kumar A (2009). Primary Market- Not a smooth ride for the Investors. Treasury Management. Vol- X, Issue 12. ICFAI Publication PP 33-41
  • Kumar A (2009). Shift in risk perception of investors in financial. Treasury Management. Vol- X, Issue 9. ICFAI Publication PP 48-52
Book Chapters Published
  • Kumar A (2019).  Demonetization- The Immediate Impact.  Title- Sustainable Business and Comprtotive Strategies. Bloomsbury. ISBN 978-9389449-65-5 PP 160-170
Book Review
  • Kumar A (2013). The problems with banks. Indore Management Journal 0975-1653, Vol-4, Issue-3. PP 107-110
Case Studies Published
  • Kumar A, Wadhwa S, Sharma N (2024). Heroism of Reel Hero. The Case center Case – Reference no. 424-0023-1
  • Tripathi NN, Kumar A & Wadhwa S (2024). Dell Technologies: Public to Private and Back to Public. Emerging Economies Cases Journal, Sage Publication.
  • Kumar A, Shinde S, Tatiya K, Sanghvi D (2023). NFT: An alternative Investment Class. Aima Case research Centre, Product No. 2897.
  • Kumar A & Rastogi S (2018) The Unresolved battle of SEBI Vs Sahara. ET Case reference-BFS-2-0019, BFS-2-0019A
  • Kumar A. Saradha Chit Fund (2017) A case that shook the bottom of the Pyramid. ET Cases. ISBN:0978-81-931001-5-8
  • Kumar A (2017) NSEL: A Case of fraud in Indian Financial Market. Case Reference 116-0025-1, ET case ID: FIN-2-0027, FIN-2-0027A
  • Kumar A. Kamat A. Damani S (2018) Cryptocurrency: A revolution or bubble? The Case center Case – Reference no. 218-0080-1
  • Kumar A. Dua v. Sharma P. Jain S (2017) Cashless Economy for Developed Countries: A Boon or Bane? ET CASE ID: ME-1-0026, ME-1-0026A
  • Kumar A. Agarwal A. Gupta B. Shah G. Vinayak N. (2017) Bitcoin: A Crypto Currency or an Asset Class.  ET Case ID: ME-1-0027, ME-1-0027A
Conferences
  • Parihar M & Kumar A (2020). An Economic Analysis of Mass Rapid Transit System (MRTS) in India with Special Reference to Jaipur Metro rail in Rajsthan. ICCAM (IEEE), Amity, Dubai.
  • Kumar A & Credit Risk Measurement of Select Indian Capital Goods Companies. ICBF 2022 IBS Hyderabad
  • Kumar A. Thakur A & Malhotra K (2022) Survivability of Theatres after Covid 19 Pandemic. ISDSI 2021 IIM Nagpur
  • Kumar A. Santani A. Shinde S. Tatiya K & Sanghvi D (2022) NFT: An alternative investment class. AIMA case writing and Conference. AIMA
  • Kumar A & Choudhary T (2021). Effect of Covid 19 on Indian Economy. International Finance Conference SIFICO-2021. K. J. Somaiya Institute of Management Studies and Research, Mumbai
  • Kumar A & Parihar M (2020). Proportion of Offer for sale and its impact on listing and short term gains. SIFICO 2020 KJ Somaiya, Mumbai
  • Kumar A & Soni R (2020). Testing Market Efficiency of Select Indian Pharmaceutical Stocks. EuroMed Conference 2020, KJ Somaiya, Mumbai
  • Kumar A & Sinha AK (2022), A world of digital currency, “International Conference on Innovations in Technology and Managemnent” December 21-23, 2022 at Goa University, Goa.
  • Kumar et. al (2022) , An Empirical Analysis of Factors Influencing Listing Return of IPOs, ETI 4.0, 2021, OP Jindal University Raigarh
  • Kumar A (2017). Saradha Chit Fund; A case that shook the bottom of the Pyramid. Global Summit on Management Cases 2016, IIM Raipur
  • Kumar A (2017). Inducement and Immediate after effects of Demonetization on Indian Economy. International Case Study Conference, IBS Hyderabad
  • Kumar A & Rastogi R (2019). Demonetization- The Immediate Impact. ICMC 2020, BIMTECH, Noida.
  • Kumar A (2016). Co-integration of Indian stock with US stock Market. Remson International Conference 2016. Durga devi Saraf Institute of Management Studies, Mumbai.
  • Kumar A (2016). An Empirical Analysis of Co-integration of Indian stock market with the markets of developed European countries. Bigdata Analytics International Conference16. Vivekanand Education Society Institute of Management Studies and Research, Mumbai
  • Kumar A (2016). NSEL: A Case of fraud in Indian Financial Market. Global Summit on Management Cases 2016. IIM Raipur
  • Kumar A (2017). Saradha Chit Fund; A case that shook the bottom of the Pyramid. Global Summit on Management Cases 2017. IIM Raipur
  • Kumar A (2017). Cashless Economy for Developed Countries: A Boon or Bane? Conference on cases and Pedagogical Innovations 2017. Flame University, Pune
  • Kumar A (2017). Bitcoin: A Crypto Currency or an Asset Class. Conference on cases and Pedagogical Innovations 2017. Flame University, Pune
  • Kumar A (2018). The Unresolved battle of SEBI Vs Sahara. Vishleshan 2K18, International Conference. International Institute of Management Studies, Pune
  • Invited as reviewer of research papers for Journal of Industrial and Business Economics ISSN:1972-4977, Springer publication.