Research Works

Area of Expertise

• Academic Research / Research Guidance

• Risk Assessment & Mitigation / Crisis Management

• Strategic Planning & Implementation

• Regulatory Risk and Compliance Controls

• Hedging Strategies / Internal Systems & Controls

• Operation & Credit Risk Analysis

• Enterprise Risk Management / BCM Practices

• Training's / Academic Teaching

• Risk Evaluation Models

• Quant Model Development – VBA, Python & R Programming

• Derivative Trade Execution & Strategy (CBOT, BMD, ICE & LME)

• Derivative Pricing Strategy/Quant Risk Analytics – FRTB, VaR

• Commodity & Currency Research / Market Risk Analysis

• Technical & Macro Analysis / Market Research

Ph. D. & DBA - Research Work

Ph. D. Research Work: Title – “Indian Sugarcane Industry – Price Risk Management and Challenges”

The Econometric analysis of time series data using E-views to draw suitable conclusions. Volatility filtering using GARCH & ARCH model. Augmented Dicky Fuller (ADF) Test, Philip Perron (PP) Test, Johansens’ Co-integration Test, Vector Error Correction Model (VECM) and Pair-wise Granger Causality Test were used to analyses the Price Discovery & Market efficiency of Sugar Future market in India, especially in Spot & Future price. Studied Farmers & Industrial participation in Hedging using Sugar futures and its policy implications with the help of primary data.

Doctor of Business Administration (DBA)  Research Work: Title – “Effect of Fair Value Reporting in Price Risk Management  using  Commodity Derivatives”

The Impact of Fair Value reporting in Industrial Price Risk management, specially in Commodity Price Risk Management. Take the samples from the various commodity based industry, who practice hedging via commodity derivative market. Studied the impact of fair value reporting and its impact on Price Risk Management.

Quantitative Finance Works

• Robust Portfolio Construction with Volatility Filtering: Constructed portfolio of diverse assets using inputs that improve robustness. Estimate allocations for the multiple levels of risk aversion. Utilized the Black-Litterman model to update allocations.  Identified sensible ways to obtaining and formalizing views of input for the Black-Litterman model.

• Statistical Arbitrage with Time Series Analysis: Estimated and analyzed the arbitrage relationship between two or more financial time series. Identified and back tested a robust co-integrated relationship means of exposing a factor that drives two (several) asset prices. Modeled a free multivariate regression with Vector Auto regression (for returns) and Error Correction (for price levels).

Research Articles & Publications

Published Articles in Research Journals:

• The article titled “Rubber Future Market in India” published in Management Researcher Journal in Sept ‘2015.

• The article titled “Commodity Derivative Market Reforms in India” published in International Research Journal of Business and Management in June 2015.

• The article titled “Pricing Efficiency of Black Pepper Future Markets of India” published in Southern Economist Journal in May 2015.

• The article titled “An Overview of Indian Sugarcane Industry: Future and Perspective” published in International Research Journal of Business and Management in May 2015.

• The article titled “Price Discovery in Indian Sugar Futures Market” published in Southern Economist Journal in April 2015.

• The article titled “Future of Commodity Derivative Market in India” published in International Research Journal of Management Sociology and Humanity in March 2015.

• The article titled “Price Discovery of Gold in India and World Commodity Derivative Market” published in Management Researcher Journal. Vol. XXI No.1 JUL – SEP 2014.

Research Articles:

• Agricultural Value Chain Finance in India: Challenges and Prospects.·Feasibility Study on Commodity Option & Design of Suitable Option Contracts for Indian Commodity Market.·Weather Derivatives and Its Effect on Commodity Market · Corporate Participation in Rural Development Special Focus on Indian Agriculture.

Research Paper Presentations– International / National Level Workshops / Conferences:

• Presented research article titled “Investigation of Price Discovery for Gold Future Market Prices” in Conference on Gold & Gold markets organised by Indian Institute of Management, Ahmedabad on 12th January 2018.

• Participated in the National Seminar on The Recent Trends in Commerce and Management Studies organized by Institute of Management Development and Research, Kerala, held on April ‘2016, at Kerala Institute of Truism and Travel Studies, and presented a paper entitled “Critical Analysis on Role of Indian Commodity Future Market in Price Discovery”

• Participated in the two-day UGC Sponsored National Seminar on Impact of FDI in Retailing – Kerala Scenario, held on16th - 17th December ‘2015, at PG Department of Commerce, Iqbal College, Thiruvananthapuram, and presented a paper entitled “FDI in Indian Commodity Derivatives”

• Participated in the UGC Sponsored National Level Training cum Workshop on “Time Series Econometrics” organized by the PG Department of Economics, Government College, Chalakkudy on 17th – 22nd March ‘2014, and presented a paper titled “Price Discovery in the World Gold Future and Indian Commodity Market”.

• Participated in the two-day UGC Sponsored National Conference on Impact of Globalisation in the Performance of Micro and Small Enterprises in India, held on 26th - 27th September ‘2014, at Department of Commerce, Scott Christian College, Nagarcoil, and Tamil Nadu and presented a paper entitled “Post Globalisation Study on Small Scale Industries in India – Special Focus on Kerala”.

• Participated in the two-day National Seminar on The Prospects and Implications of Research in the Field of Commerce, held on 26th December ‘2014, at PG Department of Commerce, Government College, Thiruvananthapuram, and presented a paper entitled “Ethics in Academic Research Work”.

• Participated and presented an article titled “Indian Sugarcane Industry – An overview and Historical Perspective”in two-day Research Colloquium in Business Studies organised by the Department of Commerce, Manonmaniam Sundaranar University on 30th - 31st August 2013.

• Participated in the UGC Sponsored Two Days National Seminar on “Multi – Variate Analysis in Commerce and Management Research” organised by the PG Department of Commerce, Kuriakose Gregarious College, Pampady on 16th and 17th December 2013, and presented a paper titled “Commodity Derivative Trading in India – Facts and Future”.

• Participated in the National Seminar on “India’s Emerging Economy-Prospects and Challenges” organised by the PG Department of Commerce, Government College, Nedumangad, sponsored by Department of Collegiate Education, Government of Kerala on 6th - 7th November 2013, and presented a paper titled “Commodity Market Reforms in India”