Binay Bhushan Chakrabarti
Born
June, 1950
Education
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Jadavpur University, Kolkata, India, Ph. D in Economics
Indian Institute of Cost and Works Accountants of India, AICWA
Indian Institute of Management Calcutta, India, MBA (specialization in Finance)
Jadavpur University, Kolkata, India, Bachelor of Mechanical Engineering
Academic Honours
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First rank in the Two-year MBA program at Indian Institute of Management Calcutta with
Cumulative Grade Point Average of 8.26 out of 9.00.
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First rank in the Bachelor of Mechanical Engineering program at Jadavpur University,
Kolkata, India with 85 per cent marks
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Recipient of Chairman’s Prize, John M. Wynne Prize, Calcutta Management Association
Prize and Dr. K.Nath Public Trust Gold Medal for academic excellence in the MBA
program
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Central Bank of India Scholar
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Sriram Smarak Nidhi Scholar
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Recipient of Srish Chandra Bir Pratap Medal, University Medal and M.N.Chakraborty
Memorial Medal for academic excellence in the Bachelor of Mechanical Engineering
program
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Recipient of Suresh Chandra Ray Chaudhury Silver Medal for academic excellence in
Higher Secondary examination
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National Scholar
Academic Experience
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Indian Institute of Management Calcutta, India, Professor of Finance
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Indian Institute of Management Ahmedabad, India, Visiting Professor
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Army Institute of Management, Kolkata, India, Visiting Professor
Indian Institute of Management, Indore, India, Visiting Professor
Xavier Institute of Management and Business, Bhubaneswar, India, Visiting Professor
Asian Institute of Technology, Bangkok, Thailand, Visiting Professor
Groupe ESC Toulouse, France, Visiting Professor
Reims Management School, France, Visiting Professor
Bordeaux Business School, France, Visiting Professor
Universitas 21, Adjunct Faculty Member
‘Subjects Taught
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Options, Futures and Derivatives
Fixed Income Markets
Corporate Finance
Corporate Financial Strategies
Investments and Portfolio Management
Online Management Development Program Offered
“Corporate Finance” in collaboration with Macmillan India Limited
(www.develop.emacmillan.com/iimc)
Selected Publications
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'Market Timing and Stock Selection Ability of Mutual Funds in India- an empirical
Investigation’: Published in Vikalpa, Management Journal of IIM Ahmedabad, April-June
2007 issue, pgs 39-52
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‘Value Premium In Indian Equity Market During 1990 To 2005:
Market
Evidence’:published in Journal of Applied Finance, ICFAI in December, 2006, pgs 41-60
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‘Persistence in performance of Indian Equity Mutual Funds: An Empirical Investigation’:
accepted for publication in Management Review, Management journal of IIMB.
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‘Estimated Weekly Value at Risk vis-à-vis Actual Downsides of Indian Equity Mutual
Funds: An Empirical Exploration’:Accepted and presented in the international conference
organized by Academy of Economics and Finance , USA at Jacksonville, Florida during
February,2007.The paper will be published in the conference proceedings. It is also
under consideration for publication in the international journal of AEF.
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‘Do Winner Funds Repeat? An Empirical Exploration with Indian Equity Mutual
Funds’:accepted and presented in the International Conference on Business and Finance
organized by ICFAI university and Philadelphia University during December, 2006 at
Hyderabad. Under consideration for publication in ICFAI Journal of Applied Finance.
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‘Performance of Equity Mutual Funds in India vis –a vis their style benchmarks: an
empirical exploration’:accepted at the 10th annual conference of the UTI Institute of
capital markets during July 2006. The paper is posted in SSRN network of research
papers in the internet by UTIICM authorities and has recently been confirmed to be
among the top ten downloaded papers in the network.
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“Insurance for Cyber-risk: A Utility Model”, published in “Decision” (with A.
Mukhopadhyaya and others), January-June 2005, volume 32, No. 1, pages 153-170.
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“Operational Risk and the Banking Sector”, published in “Journal of International Banking
Law and regulation” (with S.Roy), 2005, volume 20, issue 10, pages 535-540.
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Working paper on “Mitigating Security Breach Losses in E-Commerce through Insurance”
(with A. Mukhopadhyaya and others), WPS-538/2005, IIM Calcutta, published in April,
2005
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Paper for Asian Development Bank and Ministry of Finance, Govt. of India, “A Status
Report on India's Financial System: A View from the Standpoint of Intermediation and
Risk bearing” (with M. Mohanty), October 2005
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Contributed a chapter titled “Options, Futures and Derivatives” in the book titled
“Managing Business in the 21st. century” jointly edited by Anindya Sen and P.K.sett
published by Oxford University Press, 2005, pages 152 to 167.
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“Pensions and Inflation-indexed Bonds: Study of the Indian Scenario”, Proceedings of the
International Conference 2003 on Business Finance, The ICFAI University, Vol III, pages
186-204. Also published in “The ICFAI Journal of Applied Finance”, Vol 10, No. 11,
November 2004, pages 51-82.
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“Derivatives and Inflation-indexing in India”, IIMB Management Review, September 2004,
Vol. 16, No. 3, pages 85-92.
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Working paper on “Securities Market, Forex Market and NBFCs of India: Status and
Policy Issues”, WPS-531/2005, IIM Calcutta, published in February, 2005
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Working paper on “Prediction of Sickness: Study of Public Sector Enterprises in India”,
WPS-530/2005, IIM Calcutta, published in February, 2005
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“Neural Network and Statistical models for Prediction of Financial Health of an
Organization”, with S. Mandal and D. Saha – published as IEEE Proceedings in the
International Conference on Intelligent Sensor and Information Processing (ICISIP),
2004, Chennai.
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“Pension Sector Reforms: An Indian Agenda”, January-June 2003, (with Raktim Dutta),
Decision, Volume 30, No. 1.
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“Comparative Ecolabeling Schemes of Selected Countries”, 2003, CDEP Occasional
Paper 2, Indian Institute of Management Calcutta
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“Modeling the Prepayment Risk of a Fixed Rate MBS Portfolio”, 2003, The ICFAI Journal
of Bank Management, May, Volume II, No. 2 (with G.Bansal and K.Biswas).
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“Performance of Indian Leasing and Hire Purchase Companies During the Nineties”,
2001, Working Paper Series no. WPS-432/2001, IIM Calcutta.
Research Interests
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Mutual Funds
Asset Pricing
Corporate Performance
Financial Intermediation
Selected Corporate Training Programs
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Confederation of Indian Industries
National Mineral Development Corporation
Esab India Ltd
Damodar Valley Corporation
Ordnance Factories Board
Indian Oil Corporation Ltd.
APJ Securities Ltd.
Warren Tea Ltd.
India Knowledge Centre, Dubai,
Gas Authority of India Ltd.
SAIL
Investec Services, Colombo.
L&T
National Thermal Power Corporation
Consultancy Projects in
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United Nations – World Food Programme
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Centre for Development and Environment Policy
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McNally Bharat Engineering Company Limited
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National Test House, Ministry of Consumer Affairs, Govt. of India
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Indian Institute of Legal Metrology, Ministry of Consumer Affairs, Govt. of India
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Ministry of HRD, Govt. of India
Professional Activities
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Chair, Post-Graduate Programme for Executives, IIM Calcutta
Independent Director, Garden Reach Shipbuilders and Engineers Ltd.
Chair, Board of Studies, MBA, Netaji Subhash Open University
Member, American Finance association