Misra Centre for Financial Markets and Economy (MCFME)

Research Webinar on Audit Quality and the Interplay between Auditor and Auditee Gender Diversity scheduled on 15th September : Register Here

Research Webinar on Political Voice and (Mortgage) Market Participation scheduled on 1st September

Research webinar on Predictability and Information in REIT Implied Volatility scheduled on 25th August

Research webinar on Flattening the Curve: Pandemic-Induced Revaluation of Urban Real Estate scheduled on 4th August

Research webinar on Investors in Housing Market scheduled on 20th July

Research webinar on Demand for Housing in Urban India: an Empirical Approach scheduled on 7th July

Research webinar on Online Reputation and Debt Capacity scheduled on 29th June

Research webinar on The Effect of Mortgage Securitization on Asset Liquidation Decisions scheduled on 16th June

Research webinar on Strategic Pay Ratio Estimation under Social Pressure scheduled on 26th May

Dr. Viral Acharya, Deputy Governor, RBI, delivering a talk organised by the Misra Centre, IIMA

Dr. Viral Acharya explaining how ‘less can be more' when it comes to government borrowings

Prof. Errol D'Souza handing over a memento to Dr. Viral Acharya

Misra Centre, IIMA and the World Bank jointly organised the conference on Financial Distress, Bankruptcy, and Corporate Finance. Prof. Sanket Mohapatra introducing the panellists (sitting from the left): Dr. M.S. Sahoo (Chairperson, Insolvency and Bankruptcy Board of India); Prof. Errol D'Souza (Director, IIM Ahmedabad); Mr. U.K. Sinha (Former Chairman, Securities and Exchange Board of India); Dr. Krishnamurthy Subramanian (Chief Economic Advisor, Govt. of India); Mr. Peeyush Misra (Former Partner/Managing Director, Goldman Sachs).

Mr. U.K. Sinha (Former Chairman, Securities and Exchange Board of India) delivering a special talk in the Financial Distress, Bankruptcy, and Corporate Finance Conference.

Prof. Abhiman Das handing over a memento to Prof. Subrata Sarkar, a panellist in the Financial Distress, Bankruptcy, and Corporate Finance Conference.

Misra Centre organised the IIMA Roundtable on Indian Economy. On the dais (from the left), Prof. Errol D'Souza (Director, IIMA); Mr. Pankaj Jain (Additional Secretary, Department of Financial Services, Ministry of Finance, Govt. of India); Mr. Neelkanth Mishra (MD, Credit Suisse, India; and member of the Prime Minister Economic Advisory Council); Dr. Prachi Misra (MD, Goldman Sachs Macro Research); Prof. Sebastian Morris (IIMA).

IIMA Roundtable on Indian Economy - Mr. Pankaj Jain, Additional Secretary, Department of Financial Services, Ministry of Finance, Govt. of India making a key observation on formal credit to Indian Economy.

IIMA Roundtable on Indian Economy

Financial Markets play an important role in the Indian economy. Study and analysis of Financial Markets require high quality data, research, and insights to engage in the debate and influence policy makers, institutions, and other stakeholders. In this context, "Misra Centre for Financial Markets and Economy", set up at IIMA, is a Centre of excellence, conducting research on the Financial Markets and Economy in India. This Centre is expected to provide impetus for focused research and teaching related to financial markets within the overall economic framework. The vision of the Centre is to bring together the infrastructure that would allow the IIMA faculty to have access to the similar technologies and other resources that the market participants have; though not necessarily at the same level or scale.

Objectives:

The Centre will support the following four pillars of excellence -

1. Applied Research - Undertake practical and executable research on Financial Markets and Economy (in Indian context with global markets as the reference/benchmark) that would address issues related to formulation of policy, market structure/regulations including central banks' mandate, monetary policy, fiscal developments, microstructure including commodities, banking, bond markets, SME Financing, financial inclusion, insurance, etc. This is to facilitate wider scope for research by Faculty and the Doctoral students working at the intersection of finance and economics. Centre may procure global financial data available with other agencies.
2. Knowledge - Build quality data, analytics, and insightful knowledge on the Indian Financial Markets and Economy.
3. Engagement – Engage with relevant stakeholders who influence policies as well as those who are significantly affected by policies
4. Training – Develop business case studies for the current and future industry leaders (students)

Activities:

The activities of the Centre shall consist of:

1. Research – The Centre will produce high quality research.
2. Disseminate research – Will widely disseminate research reports/findings to policy makers, media, analysts, other key stake holders including academics through a variety of channels viz. media outreach, participation in conferences, roundtable discussions, authored articles, etc.
3. Engagement – engage with government and policy makers about the new developments in the Financial Systems including the impact of the Economy/Financial Markets turbulence & changes among India's major trading partners. The Centre may invite visitors (Faculty, PhD students, Fellows/Scholars) from Universities in India and abroad to come to IIMA Centre for collaborative research and publishing papers in the reputed journals.
4. Development – Develop case studies on Financial Markets and Economy.
5. Other collaborations – Build relationships with other leading management institutions for collaborative research on Financial Markets and Economy
6. An annual Financial Markets and Economy report - This report will be expected to become the invaluable source of information about Indian Financial Markets and Economy. The Centre will enjoy total academic freedom in the authorship of this report that is aligned with the overall vision and objectives for which the Centre is being established.
7. Debates/Workshops/Seminars: Centre is expected to organize regularly the debates/workshops/ seminars with media participation on the key issues facing the Economy and the Financial Markets
8. Publication and dissemination of data: The Centre will build quality data, analytics, and insightful knowledge on the Indian Financial Markets and Economy.

Advisory Board

Governing Committee

1. Director: Prof. Errol D'Souza
2. Chairperson: Prof. Abhiman Das
3. Faculty representatives from IIMA: Prof. Ajay Pandey
4. A representative of the donor: Mr. Peeyush Misra

Executive Committee