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    Varun Jindal

    Area Of Specialization: Finance and Control

    About Me

    I joined the doctoral programme in Finance & Control area at IIM Calcutta in June 2014. I have successfully defended my thesis proposal and I am currently in dissertation phase of the doctoral programme. Starting September 2016, I am also a member of the Advisory Board of Symbiosis Institute of Operations Management, Nashik (a constituent of Symbiosis International University, Pune).

    Educational background

    PhD in Finance and Control (2014 onwards) | Indian Institute of Management Calcutta, Kolkata

    Specialization: Finance & Control | Coursework CGPA: 7.57 on a scale of 9 | Major Area CGPA: 7.70 on a scale of 9

    Notable Accomplishment: Highest grade among all participants in every doctoral level course opted for, across major area (finance & control), minor area (economics) and all compulsory courses.

    Master of Business Administration (2008 - 10) | Symbiosis International University, Pune

    Specialization: Operations with Electives in Finance | CGPA: 2.929 on a scale of 4

    Notable Accomplishment: Adjudged as the “Best Student” of Class of 2010

    Bachelor of Engineering (2002 - 06) | Panjab University, Chandigarh

    Specialization: Electronics & Communication Engineering | Percentage: 76.64%

    Notable Accomplishment:Fourth rank in Panjab University, Chandigarh

    Work Experience

    KPIT Technologies Ltd. | Manager (Executive Assistant to President) | May 2010 - May 2014

    Infosys Ltd. | Software Engineer | Sep 2006 - May 2008

    Research Interests

    Business groups, corporate governance, earnings management, mergers & acquisitions, and seasoned equity offerings

    Publication in Peer-reviewed Journals

    1. Jindal, Varun, and Seth, Rama. (2019). A new order of financing investments: Evidence from acquisitions by India’s listed firms, Journal of Corporate Finance, 58, 307-328. (ABDC A* and ABS 4 journal).

    2. Aggarwal, Raj, Jindal, Varun, and Seth, Rama. (2019). Board diversity and firm performance: The role of business group affiliation, International Business Review, 28(6), 101600 (ABDC A and ABS 3 journal).


    Sarkar, Sahadeb, and Jindal, Varun. (2017). IFC Mutual Fund: In search of the right investment strategy. IIMC Case Research Center. IIMC-CRC-2016-02.


    • Emerald India Best Paper Award in the 5th Pan IIM World Management Conference

    • Runner-up of the CRISIL Young Thought Leader 2009 Contest

    Academic Services

    Served as a Tutor/Teaching Assistant for the following courses at IIM Calcutta:

    • Corporate Financial Reporting and Analysis (Term I, AY 2016-17)

    • Corporate Finance (Term III, AY 2016-17)

    • Investment Analysis and Portfolio Management (Term IV, AY 2018-19)