Prabina Rajib
Designation: Director, BIMTECH
Email: director@bimtech.ac.in
Dr. Prabina Rajib serves as the Director at the Birla Institute of Management Technology. Her academic journey began with a Ph.D. in Finance from IIT Kharagpur. In addition to her teaching responsibilities, Dr. Rajib has showcased exemplary leadership in various administrative capacities at IIT Kharagpur. Notably, she has held positions such as Chairperson Placement and Dean VGSoM, IIT Kharagpur, Chairperson (POSH).
Her dedication to academic mentorship is evident in her supervision of 11 doctoral candidates, one of whom was honored with the National Stock Exchange (NSE) award for the best thesis in Financial Economics in 2019.
Dr. Rajib has made significant contributions to the academic community through her overseas teaching assignments at AIT Bangkok, Purdue University (West Lafayette, Indiana, USA), and Curtin Business School, Perth, Australia. Her research endeavors are reflected in the publication of four books and numerous research papers in high-ranking journals listed. In addition to her academic pursuits, Dr. Rajib actively engages with the broader public through her writings. She regularly contributes articles to newspapers, sharing her insights and knowledge with a wider audience.
Recognized for her academic excellence, Dr. Rajib received the prestigious Fulbright Fellowship in 1999. In 2022, she was honored with the Best Case Study Award, showcasing her continued commitment to advancing knowledge in her field.
• Ph.D, IIT Kharagpur, Title of Thesis: American Depository & Global Depository Receipts, 2000
• MBA (General Management with Finance & Accounting), IIT Kharagpur, 1995
• MA (Economics), Utkal University, 1989
• BA (Hons) (Economics), Utkal University, 1987
Finance & Accounting
- Financial Accounting
- Derivatives & Risk Management
- Spreadsheet Modelling
- Cost and Management Accounting
- Commodity Derivatives
- Financial Institutions and Markets
- Infrastructure Finance
- Business Finance
- Professor (Finance and Accounting) and Director, Birla Institute of Management Technology, Greater Noida, (January 2024 – onwards)
- Professor (Finance & Accounting), IIT Kharagpur (VGSoM), (October 2011 to December 2023)
- Associate Professor (Finance & Accounting), IIT Kharagpur (VGSoM), (April 2007 to September 2011)
- Assistant Professor (Finance & Accounting), IIT Kharagpur (VGSoM), (December 2000 to March 2007)
- Director, Birla Institute of Management Technology, Greater Noida, (January 2024 onwards)
- Dean VGSoM, IIT Kharagpur (December 2016 to June 2020)
- Chairperson/ CoChairperson (Placements) VGSoM, IIT Kharagpur (November 2015 to December 2023)
- Chairperson (Prevention of Sexual Harassment Committee), IIT Kharagpur (December 2016 to June 2018)
- Coordinator of tri-institute PGDBA (Business Analytics) program, IIT Kharagpur (December 2016 to June 2020)
- Appellate Committee Member (Prevention of Sexual Harassment Committee) IIT Kharagpur (July 2018 to August 2020)
- Coordinator of Dual Degree Financial Engineering (B.Tech + M.Tech) in Financial Engineering, IIT Kharagpur (April 2007 to April 2011)
- Warden and Assistant Warden of Student Halls at IIT Kharagpur (February 2005 to January 2009)
- AIT Bangkok (Visiting Faculty), 2003 (5 months)
- Purdue University, West West Lafayette, Indiana, USA (Visiting Faculty), 1998 (7 months)
- Curtin Business School, Perth Australia (Visiting Faculty), 1999 (6 months)
- Visiting Faculty at Indian Institute of Corporate Affairs (IICA)
- Visiting Faculty for eMasters in Derivatives Market and Risk Management Department of Management Studies, IIT Kanpur
- Academic Advisory Board of Globsyn Business School, Kolkata (Finance & Accounting Area) at IIM Jammu
- Selected to be part of LEAP 2020 (Leadership for Academicians Programme) sponsored by Ministry of Higher Education, Government of India.
- Independent Board Member of Revfin Capital (awaiting Reserve Bank of India approval)
- Associated with Gopali Youth Welfare Society (a registered voluntary non-governmental organisation run by IIT Kharagpur students)
- Awarded “Fulbright Fellowship” by USEFI for Doctoral Research work on ‘’ADRs/GDRs”, in 1999.
- Awarded “Best Thesis Award” by National Stock Exchange for thesis titled “Volatility Index in the Indian Stock Market: Asymmetric Volatility, Information Content and Asset Pricing”, supervised by me. Received best thesis award in Financial Economics
- Awarded “Best Case study” by All India Management Association(AIMA) in India Case Writing Competition and Conference 2022
- COALNET (Coal India Limited) (2002-2006)- Co-investigator in project for Coal India Ltd: Responsible for designing and integrating a database system for Forex Borrowing/Payment and Hedging System at Coal India Ltd.
- CSR Initiatives by JSW Bengal Steel at Salboni, West Bengal (2005)- Conducted a study and prepared a Roadmap for CSR initiatives to be taken up by JSW Bengal Steel for their proposed steel Plant in Salboni area of West Bengal.
- Educare Dubai Campus Program Planning (2018) – Designed the curriculum for the “Business Analytics” program to be offered at the planned Dubai campus of Educare.
- MCX 2020-2021- Study to measure the efficiency of commodity futures market and its impact on physical commodity markets
- SEBI 2021-Ongoing – Sensitive, Narrow and Broad Agri-Commodity Derivatives: Changing Daily Volatility Behaviour
- SEBI/NISM 2022 July- 2022 November – Impact analysis of suspension of commodity derivatives in India
- The asymmetric relationship between Baltic Dry Index and Commodity Spot Prices: Evidence from non-parametric Causality-in-Quantiles test, Mineral Economics (accepted)
- Rajib, P. Barai (2021), How Futures Market in India has Improved Efficiency of Physical Commodity Markets: an empirical and survey based study on Aluminium and Zinc, MCX Research Publication https://www.mcxindia.com/docs/default-source/education-training/research-studies/iit-kharagpur—an-empirical-and-survey-based-study-on-aluminium-and-zinc.pdf?sfvrsn=6dae4391_2
- Bandyopadhyay A., Bhowmik S., Rajib P. (2020) Wavelet-based analysis of guar futures in India: did we kill the golden goose?, Journal of Agribusiness in Developing and Emerging Economies, https://doi.org/10.1108/JADEE-09-2020-0200
- Pati P, Rajib P. & Barai P. (2019), The role of the volatility index in asset pricing: The case of the Indian stock market, The Quarterly Review of Economics and Finance, 74, 336-346 https://www.sciencedirect.com/science/article/pii/S1062976918301030
- Pati P, Rajib P. & Barai P. (2018), Forecasting stock market volatility and information content of implied volatility index, Applied Economics, 50(23), https://doi.org/10.1080/00036846.2017.1403557
- Gupta A & Rajib P. (2018), Do VaR exceptions have seasonality? An empirical study on Indian commodity spot prices, IIMB Management Review, https://www.sciencedirect.com/science/article/pii/S0970389618302477
- Rahman A, & Rajib P. (2018), Index revisions, stock liquidity and the cost of equity Capital, Global Business Review, 19(4), 1072-1089, https://doi.org/10.1177/0972150918773005
- Das R.C, Mishra CS, P. Rajib (2018), Firm-specific Parameters and Earnings Management: A Study in the Indian Context, Global Business Review 19(5), 1240-1260, https://doi.org/10.1177/0972150918788748
- Chowdhury M & P. Rajib (2018), Informational Efficiency of National Stock Exchange (NSE), India: A Comparison with Seven Selected Markets, South Asian Journal of Management,24(1), 56-80, http://www.sajm-amdisa.org/images/stories/pdf/sajm_vol_24.1.pdf
- Pati P, Rajib P & Barai P (2017), A behavioral explanation to the asymmetric volatility phenomenon: Evidence from market volatility index, Review of Financial Economics, 35(1), https://doi.org/10.1016/j.rfe.2017.07.004
- Rajib Prabina (2015), Indian agricultural commodity derivatives market: In conversation with S Sivakumar, Divisional Chief Executive, Agri Business Division, ITC Ltd, IIMB Management Review, 27(2), https://doi.org/10.1016/j.iimb.2015.02.002
- Sahoo & Rajib P. (2013), Comparable firm’s P/E multiple and IPO valuation: an empirical investigation for Indian IPOs, Decision,40(1–2), 27–46, https://link.springer.com/content/pdf/10.1007%2Fs40622-013-0008-y.pdf
- A Rahman, P Rajib (2014), Associated effects of index composition changes: an evidence from the S&P CNX Nifty 50 index, Managerial Finance, 40 (4), 376-394, https://www.emerald.com/insight/content/doi/10.1108/MF-01-2013-0010/full/html
- Gupta S. K. & Rajib P. (2012), Samuelson Hypothesis & Indian Commodity Derivatives Market, Asia-Pacific Financial Markets, 19(4) 331-352, https://doi.org/10.1007/s10690012-9152-1
- PC Pati, P Rajib, (2011), Intraday return dynamics and volatility spillovers between NSE S&P CNX Nifty stock index and stock index futures, Applied Economics Letters 18 (6), 567-574, https://www.tandfonline.com/doi/full/10.1080/13504851003742442
- Sahoo S., Rajib P.,(2011), Risk proxies and IPO underpricing: An empirical investigation. IUP Journal of Applied Finance, 17, 4 (38)
- Sahoo S., Rajib P., (2010), After market pricing performance of Initial Public Offerings (IPOs): Indian IPO market 2002–2006, Vikalpa: The Journal of Decision Makers, 35(4), 27-44, http://journals.sagepub.com/doi/10.1177/0256090920100403
- Pati P & Rajib P.(2010), Volatility persistence and trading volume in an emerging futures market: Evidence from NSE Nifty stock index futures, The Journal of Risk Finance, 11,(3) 296-309, https://doi.org/10.1108/15265941011043666
- Sahoo S. & Rajib P (2009), Comparable firm’s P/E multiple and IPO valuation: An empirical investigation for Indian IPOs, Decision ,40, 1-2, 27-46, https://link.springer.com/article/10.1007/s40622-013-0008-y
- Sahoo S & Rajib P. (2009), Investment bank prestige and IPO underpricing: An empirical study, IIMB Management Review, 21(3), 189-204, http://www.iimb.ac.in/node/4046
- B Rajesh Kumar, Prabina Rajib (2007), An analytical study on multiple mergers in India, IIMB Management Review, 19, 1, 1-11, https://www.iimb.ac.in/node/4239
- B Rajesh Kumar, Prabina Rajib (2007), Mergers and Corporate Performance in India: An Empirical Stud, IIMB Management Review, 34, 1, 121-147 . http://eds.a.ebscohost.com/eds/pdfviewer/pdfviewer?vid=1&sid=16f17508-132e-4b0e-83a3-c6538ebcfdf9%40sessionmgr4006
- B R Kumar, Rajib Prabina (2007), Characteristics of Merging Firms in India: An Empirical Examination, Vikalpa: The Journal of Decision Makers (32)(1) 27-44, http://journals.sagepub.com/doi/abs/10.1177/0256090920070103
- Amar K J R Nayak; Chakravarty, Kaylan, Prabina Rajib (2005), Globalization Process in India: A Historical Perspective Since Independence, South Asian Journal of Management; Vol. 12, 1, 7-22.
- Nayak, AKJR., Chakravarti K., Rajib P. (2005), A Sampling Method to select foreign companies for studying their FDI strategies in India, Vilakshan, XIMB Journal of Management http://citeseerx.ist.psu.edu/viewdoc/download?doi=10.1.1.118.2167&rep=rep1&type=pdf#page=43
- Rajib, P., K. Chakravarti (2004), Foreign Collaborations in India: Does Press Note 18 Provide a Level Playing Field for Joint Venture Partners?, IIM Calcutta Decision, 31 (2), 1-48.
- Commodity Derivatives & Risk Management, PHI Learnings, 2014
- Stock Exchanges & Investments-Straight Answers to 250 Nagging Question, coauthored with V. Raghunathan, Tata McGraw Hill, 2007
- International Financial Environment, EBook NPTEL India, 2015
- CRASH: Lessons from Entry & Exits of CEOs by Mr. R Gopalakrishnan. Contributed 2 Chapters on Mr. Vishal Shikka (Infosys) and Mr. Travis Kalanick (Uber), Penguin Publications, 2019
Contributes regularly to various newspapers/magazines on “commodity derivatives”. Some of the recent contributions:
- Commodity Futures: Low deliveries is not Synonymous with Excessive Speculation, Vyapar Gujrati Edition, 12th November, 2022 Page no.9 https://epaper.janmabhoominewspapers.com/articlepage.php?articleid=JANMABHOOM_YAP_20221112_9_2&width=392px&edition=Vyapar%20Gujarati&curpage=9
- FPIs In Exchange-Traded Commodity Derivatives: All Dressed Up And Nowhere To Go!, BQ Prime by Bloomberg (30th June 2022) https://www.bqprime.com/markets/fpis-in-exchange-traded-commodity-derivatives-all-dressed-up-and-nowhere-to-go
- SEBI must revoke ban on 7 commodity futures, Hindu Business Line (10th February 2022) https://www.thehindubusinessline.com/opinion/sebi-must-revoke-ban-on-7-commodity-futures/article64998351.ece
- Commodity Futures Price Is a Public Good, Money Control (13th June 2022) https://www.moneycontrol.com/news/trends/features/commodity-futures-price-is-a-public-good-8677491.html
- SEBI Pushes A ‘Blue Ocean Strategy’ With ‘One Commodity One Exchange’: BQ Prime by Bloomberg (23rd December 2021 https://www.bloombergquint.com/opinion/sebi-pushes-a-blue-ocean-strategy-with-one-commodity-one-exchange
- Technology Transfer: Management & Legal Perspectives for Ordinance Factory Board, 2013 (2 Weeks)
- Graduate Engineers-Management Induction Programme for Tata Metaliks, 2014 (2 Weeks)
- Commodity Derivatives & Risk Management, 2013-17 (3 programs of 2 Weeks each)
- Equity Investments, Mutual Funds and Stock Market, 2008-2016, (3 programs)
- RBI Middle Management Officers, 2017 (2 Weeks)
- General Management Program for Department of Public Enterprise, 2017 (2 Weeks)
- Project Financing in PPP mode 2017 (2 Weeks)