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Doctoral Programme 2021
Reimagining learning for
the 21 Century & beyond
st
www.krea.edu.in/ifmrgsb
CONTENTS
Krea University has been
enacted by the Legislature of
the State of Andhra Pradesh as
Message from Vice-Chancellor............................................................................ 04
per The Andhra Pradesh Private
Universities (Establishment Message from Dean..................................................................................................... 05
and Regulation) (Amendment)
Act, 2018 vide the gazette About Krea University.................................................................................................. 06
notification published on April
30, 2018. Governing Council.......................................................................................................... 07
Academic Council, Advisory Council.............................................................. 08
About IFMR Graduate School of Business (IFMR GSB)..................... 10
Message from Chairperson - PhD..................................................................... 12
About PhD Programme............................................................................................ 13
Areas of Specialisation................................................................................................ 14
Current Thesis Research Topics........................................................................... 15
Course Structure.............................................................................................................. 16
Admission Process......................................................................................................... 17
Important Dates.............................................................................................................. 21
Why Join IFMR GSB’s Doctoral Programme?.......................................... 22
Student Life at IFMR GSB......................................................................................... 26
Faculty Profiles.................................................................................................................. 28
Contact us............................................................................................................................. 30
Message from Message from Dean
Vice-Chancellor —
— IFMR GSB has 50 years of experience in research, from its
origins as a research institute in 1970. The PhD degree of
IFMR GSB has already established itself as a leader in the IFMR was recognized in 1988. Since then our PhD graduates
research space with a rich array of distinguished professors have joined reputed academic institutions and research
organizations, contributing to knowledge development
and collaborative learning opportunities. and dissemination.
The PhD programme builds on the Krea University ethos of The full-time PhD program includes coursework,
comprehensive oral and written examination, and research
interwoven learning and critical thinking to offer an exciting work under the guidance of faculty members. PhD students
and intellectually stimulating research environment. learn about the different areas of management, by taking
core graduate classes. They also take core PhD courses such
as Philosophy of Science and Research Methods. Beyond
The Krea ecosystem presents an excellent opportunity for these foundational courses, PhD students take elective
graduate courses in their area of specialisation. After
students to collaborate with researchers and experts on passing the written and oral comprehensive examination,
interdisciplinary research and capacity building initiatives in a PhD students work closely with their faculty advisor and
their doctoral committee.
wide variety of areas in Management, Economics, and Finance.
Our faculty members have doctoral degrees from reputed
universities in India (IIMs, IITs, and others) and abroad
(US, UK and Europe). We have seven Areas of expertise:
Data Science & Information Systems, Economics,
Finance, Accounting, & Quantitative Finance, Marketing,
Dr. Sunder Ramaswamy Organizational Behaviour & Human Resources, Operations, Dr. Shobha Das
PhD (Purdue Unviversity) and Strategic Management. Doctoral students can choose PhD (University of Minnesota)
Vice-Chancellor, Krea University to work with faculty on topics from one or more of these Dean, IFMR GSB, Krea University
Areas.
I invite you to go through this PhD Handbook for more
information about our well-established and reputed PhD
Program.
4 5
Governing Council
About N Vaghul Sunder Ramaswamy, PhD Kapil Viswanathan
Krea University
Chairman Executive
Chancellor & Member Vice-Chancellor & Member
Committee & Member
Anu Aga Manjul Bhargava, PhD Vishakha N. Desai, PhD
Member Member Member
Krea University is an effort to re-imagine education The School of Interwoven Arts and Sciences currently
for the world of tomorrow, founded by a group of offers 3-year BA (Honours) & BSc (Honours) degrees,
globally renowned academics, business leaders and with an option to do an additional year i.e. fourth year
John W. Etchemendy, PhD Dheeraj G. Hinduja Sajjan Jindal
institution builders with a vision for the 21st Century of Advanced Studies. Advisor Member Member
and beyond. Guided by our unique Interwoven Learning Research Centres
model Krea aims to enable students to become agile,
LEAD is a non-profit research organization conducting
ethical and purposeful leaders of tomorrow while
high-quality scalable action research and outreach in
encouraging creativity, critical thinking, communication, Anand Mahindra Kiran Mazumdar-Shaw Aditya Mittal
development economics and finance. The programmes Member Member Member
contemplation, cross-disciplinary approaches, real-world
enabled by LEAD include-Initiative for What Works to
implementation, and the ability to negotiate unanswered
Advance Women and Girls in the Economy (IWWAGE),
questions. Students at Krea are guided by some of the
Inclusive Cashless Payment Partnership (CATALYST) and
best academic minds drawn from leading universities P. R. Venketrama Raja R. Seshasayee Raghuram G. Rajan, PhD
around the world, from path-breaking young scholars to Evidence for Policy Design (EPoD) India. Member Member Advisor
highly experienced experts. CDFI (Centre for Digital Financial Inclusion) is a leading
social enterprise developing and supporting digital
Krea University currently houses two Schools and innovations for social impact.
C. Srinivasa Raju S Ramadorai Cyril Shroff
provides strategic oversight to three Research Centres. Member Member Member
J-PAL The Abdul Latif Jameel Poverty Action Lab is a
Schools global research centre working to reduce poverty by
ensuring that policy is informed by scientific evidence.
IFMR Graduate School of Business offers MBA, PhD, J-PAL South Asia leads J-PAL’s work in the South Asia Rajiv Memani
Member
E-MBA and customised programme for executives. region with partnerships in Bangladesh, India, Nepal,
Pakistan, and Sri Lanka.
6 7
Academic Council Advisory Council
Dr. Ajit Ranade Dr. Chandru Rajam Dr. Indira J Parikh
Akash Kapur, PhD Group Executive President and
Founder and CEO, President, Antardisha
Chief Economist with the Aditya
Sunder Ramaswamy, PhD Writer and Journalist RichFeedback (Directions from Within)
Birla Group
Former Columnist, International New Member Member
Vice-Chancellor & Member Member
York Times Senior Fellow, New York
University (NYU) GovLab
Prof. Ravi Kumar Prof. V.G. Narayanan
Prof. Rishikesha Krishnan Thomas D. Casserly, Jr. Professor
Emeritus Professor, Marshall
Director of IIM B and former of Business Administration
School of Business, University of
Director of IIM Indore Harvard Business School,
Southern California, USA
Member Harvard University
Gaurav Raina, PhD
Jessica Seddon, PhD Member
Member
Global Lead, Air Quality World Resource
Faculty, IIT, Madras
Institute
Prof. Rangarajan (Raghu)
K. Sundaram
Dean, Stern School of Business,
New York University
Member
John W. Etchemendy, PhD
Stanford University’s 12th Manjul Bhargava, PhD
Provost and Patrick Suppes R. Brandon Fradd Professor of
Family Professor in the School of Mathematics Princeton University
Humanities and Sciences
Raghuram G. Rajan, PhD
Srinath Raghavan, PhD
Katherine Dusak Miller Distinguished Service
Senior Fellow, Carnegie Endowment for Professor Chicago Booth
International Peace
23rd Governor of the Reserve Bank of India
Tara Thiagarajan, PhD
Chairman and Managing Director TM Krishna
Madura Microfinance Ltd. Founder Chief Renowned musician and public intellectual
Scientist Sapien Labs
Vishakha N. Desai, PhD Prof Rangarajan (Raghu) K. Sundaram
Senior Advisor for Global Affairs Dean, Stern School of Business
Columbia University New York University
8 9
About IFMR Graduate
School of Business
(IFMR GSB)
Since its inception in 1970, IFMR has
been at the forefront of research
and teaching in various areas of
Management and Business.
IFMR GSB, Krea University provides
a vibrant intellectual foundation
of theory, knowledge, skills and
perspectives to its students.
Enriched by the unique ‘Interwoven
Learning’ approach of Krea University,
IFMR GSB focuses on endowing
students with critical, abstractive,
analytical, quantitative, integrative
and ethical thinking.
IFMR GSB is recognised as a Scientific
and Industrial Research Organization
(SIRO) by the Department of
Scientific and Industrial Research,
Ministry of Science and Technology,
Government of India
10 11
About PhD Programme
The Institute for Financial Management and Research School of Economics, Great Lakes Institute of Management
(IFMR) was established in 1970 and has an impressive and the Loyola Institute of Business Administration. Other
and long record of contributing to the expansion and alumni are in significant roles in research institutes, think-
At IFMR GSB, accomplished faculty enrichment of the knowledge base in the financial tanks and corporates such as CRISIL, SCOPE international,
work closely with PhD students as services industry. In 1982, IFMR became an approved ICICI, Institute for Human Development and Centre for
partners on a challenging and highly research institution to conduct research leading to award Excellence in Fiscal Policy and Taxation.
fulfilling academic journey. The PhD of PhD by the University of Madras. Initially, the PhD
IFMR GSB’s in-house journal, “Journal of Emerging Market
programme is uniquely designed to degree was in the area of Finance and then since 2014 in
Finance” reinforces IFMR GSB’s research credentials. With
provide students the flexibility and the area of Management
the support and guidance of faculty, PhD students publish
freedom to explore a wide array of In 2018, IFMR is re-christened as IFMR Graduate School extensively in peer-reviewed journals and present their
interdisciplinary areas in a stimulating, of Business (IFMR GSB) and integrated within the newly research in various national and international conferences.
collaborative environment. Through formed Krea University under the IFMR Society. IFMR GSB The annual research symposium at IFMR GSB provides an
in-depth coursework combined with offers MBA and PhD programmes under Krea University excellent platform for students to showcase their work and
impactful research, PhD programme at from 2018. This mission has been ably supported by interact with researchers from the Krea ecosystem and
IFMR GSB is committed to training faculty with exceptional research credentials and IFMR other national and international institutions.
highly accomplished researchers. GSB strives to provide a stimulating research environment
IFMR GSB offers a research programme leading to
to its research students. IFMR GSB endeavours to be
the award of the degree of Doctor of Philosophy
an institution that contributes in the space of higher
(PhD). The PhD programme combines rigorous course
education by training students who then go on to become
work and a flexible curriculum with in-depth research
thought leaders and teachers themselves.
Dr. Vijaya Chebolu Subramanian requirements while staying true to the Krea vision of
PhD (Texas A&M University) The alumni of the Ph.D. programme have assumed interwoven learning, ethical values, critical thinking and
Chairperson - PhD, IFMR GSB
positions as faculty in prestigious academic institutions interdisciplinary education. The University currently offers
such as Ashoka University, Indian Institute of Management only full-time PhD programme.
(IIM) Indore, IIM Kashipur, IIM Shillong, IIM Amritsar, Madras
12 13
Areas of Specialisation
Students are admitted to the PhD programme, and in due course have the option of choosing from Current Thesis Research Topics
the following area(s) of specialisation:
• Corporate entrepreneurship index
• Economic growth and inequality “Studying in IFMR
GSB was an extremely
Data Science and Operations Management • Effect of Bank market structure on wonderful experience
Information Systems risk profile and stability and the PhD
• Employee well-being Programme was a
Organisational Behaviour & valuable asset for me.”
Economics Human Resources • Energy Markets
• International spillovers of monetary policy
Finance, Accounting & • Long memory in financial assets C. Yoonus Ahammed
Strategic Management PhD IFMR 2012
Quantitative Finance • Measurement of extreme market risk Director, Standard Chartered Bank
Dubai, UAE
• Technology diffusion
Marketing • Workplace dignity
“IFMR offers an
environment conducive
to the pursuit of
research and the
people in the institute
should be given credit
for facilitating the
process of enquiry.”
L. V. Ramana
PhD IFMR 1997
Professor, IIM Indore
14 15
Course Structure Admission Process
Eligibility:
A candidate seeking admission into the Krea University’s PhD program, in addition to having 60% marks in
undergraduate degree, s/he must satisfy the eligibility requirements prescribed by the University as under:
• Combination of Core &
Area level PhD courses, MBA courses
First and second year OR OR
• Independent Research Study
• Comprehensive Examination
Master’s Degree or equivalent in any Five-year integrated Master’s A Professional Qualification like
discipline, with 55 percent marks in degree/Dual degree or equivalent in CA, ICWA, CS with at least 50
the qualifying examinations any discipline with 55 percent marks percent marks in the qualifying
in the qualifying examinations examinations
How to Apply
Download the application form from the PhD admission section in IFMR GSB website.
Mail the completed application form along with the supporting documents (self-attested) to gsb.phdadmissions@krea.edu.in
• Formation of Doctoral Committee Please note that it is mandatory to submit the following with application form
• Proposal Presentation
Third and fourth year • Research Progress Report S.No. Document
• Viva- Voce Examination Photocopy of all educational certificates
1
• Thesis Submission Class X | Class XII | UG Mark sheets & certificate | PG Mark sheets & certificate
2 Detailed CV
Scores of standardised tests -- Optional
3 (CAT, CMAT, GATE, GMAT, GRE, NET JRF, NMAT, XAT)
Written test may be conducted in lieu of test scores for shortlisted candidates
Statement of Purpose (Maximum 1000-1500 words, Font 12, single space) covering the following:
4 Reason for wanting to pursue a PhD | Why IFMR GSB, Krea University | Your area of interest |
Any possible research ideas/topics you wish to pursue | Your expectations from the PhD Program
Two recommendation letters to be mailed directly by the recommenders to gsb.phdadmissions@krea.edu.in
5
(Letters to reach the admissions office on or before the deadline to submit the application)
6 Any writing samples (projects, working papers, publications etc.) – optional
7 Any other documents
16 17
Selection Process
Admission to the programme
Shortlisted candidates will be based on combined
will be called for online scores of qualifying
Personal interview parameters, and interview
parameters
The PhD programme at IFMR has
helped me learn important lessons
to pursue quality and directional
research.
Dilip Kumar
PhD IFMR 2015
Assistant Professor, IIM Kashipur Terms and Conditions
The information in this brochure is applicable only for the admissions process of PhD admissions
2021 of IFMR GSB, Krea University and therefore no inference can be made for future admission
process. IFMR GSB reserves the right to change, modify or adopt any new admission process that
IFMR provides an excellent
it deems necessary, at any point of time.
research environment. Studying
at IFMR has helped me to
It is expected that the information given by the applicant in the application form is true and
discover myself, developing both
correct, and is verifiable against original documents as and when sought by IFMR GSB.
personally and professionally.
Parthajit Kayal In the event of any information being found incorrect or misleading, at any time during the
PhD IFMR 2018 selection process OR at the time of joining OR after joining the school, the applicant’s candidature
Assistant Professor shall be liable for cancellation by IFMR GSB and in such a situation, the applicant / student will
Madras School of Economics, Chennai NOT be eligible for refund of caution deposit paid.
18 19Studying at IFMR has been
an enriching and invigorating Important Dates*
experience, preparing me for the
challenges that lie ahead in my
professional life.
Swati Dutta
PhD IFMR 2015 Application opens
Associate Fellow Fri, 01 Jan 2021
Institute for Human
Development, Delhi
Deadline for submission of application
Fri, 02 April 2021
Announcement of shortlist
OnlineInterviews Fri, 09 April 2021
Fri, 16 April 2021
Sat, 17 April 2021
Sun, 18 April 2021
Announcement of Results
Fri, 30 Apr 2021
Registration for the programme
& Commencement of classes
Thur, 01 July 2021
20 21Why Join IFMR GSB’s Doctoral
Programme? Excellent Placements Possibilities
The alumni of the PhD programme have assumed positions as faculty in prestigious academic
institutions such as Ashoka University, Indian Institute of Management (IIM) Indore, IIM Kashipur,
IIM Shillong, IIM Amritsar, Bengaluru B R Ambedkar School of Economics and the Madras School of
Economics. Other alumni are in significant roles in research institutes, think-tanks and corporates
such as CRISIL, Ernst & Young, ICICI, SCOPE International, Institute for Human Development, and
Centre for Excellence in Fiscal Policy and Taxation
Other Benefits
Opportunities For Excellence Faculty with PhD from renowned national &
In Research And Teaching international institutions
PhD students publish extensively in reputed
journals and present their research in various
national and international conferences.
The in-house “Journal of Emerging Market Tuition Fee Waiver
Finance” reinforces IFMR GSB’s research
credentials. The annual research symposium
provides an excellent platform for scholars
to showcase their work and interact with
researchers from reputed national and
international institutions. The course of study
is designed to provide intensive training in Monthly Stipend
research and teaching.
22 23Current PhD Students Profile
Gender-wise Geographical Education-wise
MCom 8
13 14 8 1 3 15 MSc/MA 14
MPhil 1
Male Female East West Central South BE 2
MBA 2
24 25Student Life at IFMR GSB “My PhD program at IFMR was a great learning experience. IFMR provided me with the
necessary facilities to learn the scientific methods to investigate research problems at hand.
The institute’s ecosystem helped me to develop a critical and constructive perspective to
pursue my academic career.”
From coffee conversations
with friends or serene walks
Surender Rao Komera
PhD IFMR 2014
amidst the greens or that IIM, Amritsar
special corner you find for
yourself, the Krea campus
turns into a beautiful
canvas where you forge
new friendships and weave
countless memories for life.
Located 70 kilometres
north of Chennai in Sri City, LIVING EXPERIENCE SPORTS EXPERIENCE
Andhra Pradesh, on a 40
acre fully residential green The residential experience at Krea imparts From competing in a fun and welcoming
environment to promoting fitness and well
campus, students learn, a sense of belonging. It brings together
being, the sports experience is an integral
students from various backgrounds and
component of overall growth at Krea. The
engage and create the perspectives under a roof of camaraderie.
campus has been especially designed to
Work, relax and unwind, with comfortable
unique Krea experience personal living spaces to common lounges promote spaces for sports aiding student
well being.
Read More Read More
DINING EXPERIENCE LIBRARY EXPERIENCE SUPPORT EXPERIENCE
The modern, well-lit and air-conditioned The Krea Library adds a generous page From mental wellness to physical health,
dining hall, combined with a diverse food to the knowledge experience. The library Krea cares about creating a comfortable
menu to choose from, makes our dining
experience a significant ingredient to the
equipped with all modern facilities, provides
a conducive environment to the users for
campus experience. While the campus is
embraced by nature, alongside we ensure, Facilities
ethos of the community at Krea. their learning and research. all support facilities are available right here.
Air-conditioned Living space | Laundromat | Convenience Store | Fitness Studio
Read More Read More Read More
Student Lounge | Students’ Hub | Dining Hall | Medical Centre | Unisex Salon
Basketball Court | Futsal Grass Turf | Cricket Nets | Snack Vending Machine
26 27Madhuri Saripalle
PhD, University of Connecticut,
M.Phil. CDS Trivandrum
Chandrasekaran N
PhD (IFMR-Univ. of Madras)
Area Chair
Area Chair
Jyoti P Mukhopadhyay
PhD (IFMR-Univ. of Madras)
Suresh Venkatraman
FPM, IIM Bangalore
Lakshmi Kumar
PhD (IIT-M), MA (Econometrics)
Subramanian T V
Fellow (IIM-A), M.Sat
Sumit Mishra FINANCE,
PhD, IGIDR, Mumbai, M.Sc. (Economics), BA ACCOUNTING, Vijaya C Subramanian
PhD Texas A&M University. OPERATIONS
ECONOMICS & QUANTITATIVE MANAGEMENT
College Station, USA, MS, University
Anantha Nageswaran V FINANCE
of Maryland, College Park.
Distinguished Visiting Professor
PhD (University of Massachusetts),
PGDM (IIM A) Samir Ranjan
PhD, Purdue University, M.S, Columbia
University, Junior Research Fellowship
Amit Das (NET-UGC), Masters in Physics,
PhD (University of Minnesota), University of Delhi, Bachelor’s in Sunanda Sangwan
PGDM (IIMC), B.Tech, (IIT KGP) Physics, St.Stephen’s College, Delihi. PhD, Rotterdam School of
Area Chair Area Chair Management, M.S, Erasmus University
Area Chair
Academic
Chandrashekhar G R Ashay Kadam
FPM-Strategy (IIM-L), PGDM-Intl. PhD, Stern School of Business Amar Saxena
Business & Mktg.(IIM-B), BE (ECE) Fellow from IIM-A, MBA, IIFM Bhopal
Balasubramanian G
Hemalatha C
FPM (IIM-L). GNNIT. B.E (ECE) Areas PhD (University of Madras), AICWA
Krishnan C
MA (Economics), University of Madras.
Sathyanarayanan R
MBA (SCSVMV); PG Diploma (IB).
Pondicherry University
DATA SCIENCE Muneer Shaik
MARKETING
and
& INFORMATION PhD (IFMR-Univ. of Madras) Sathya Saminadan R S
Lakshmi Padmakumari PhD, B.Com, PGDBM
SYSTEMS M.Sc, B.E (BITS PILANI)
PhD (IFMR-Univ. of Madras), M.Com
Sumit Mishra
Muneer Shaik
Faculty
PhD, IGIDR, Mumbai, M.Sc.
PhD (IFMR-Univ. of Madras)
(Economics), BA
M.Sc, B.E (BITS PILANI)
Praveen Bhagawan
PhD (IFMR-Univ. of Madras) Shobha S Das
MBA, MFT, M.Com PhD (University of Minnesota),
PGDM (IIMC), BA(Hons.)
Vijayalakshmi C Raghu Raman S Economics, (LSR, Delhi University)
Fellow (MDI,Gurgoan); PG PhD, M.B.A (OUBS, UK), PGDFM Area Chair and Dean
Dip Rural Mgmt, (IRMA Anand) (IIFM Bhopal)
Area Chair Chandrashekhar G R
FPM-Strategy (IIM-L), PGDM-Intl.
Nagarani M Business & Mktg.(IIM-B), BE (ECE) STRATEGIC
MBA (BIM) MA English MANAGEMENT
ORGANISATIONAL (Madras University)
BEHAVIOUR & HUMAN
RESOURCES
29IFMR GSB reserves the right to change the information contained herein, if
found necessary, at any point of time. The artwork used herein may not be
downloaded, copied, linked to, or edited in any manner or form for use by
an external party.
© 2020 All Right s Reser ved .
Phone
Address
+91-938357 3814
Website & E-Mail
gsb.phdadmissions@krea.edu.in
Admin Office: No: 196, T.T.K. Road, Alwarpet, Chennai - 600018, India
Campus: 5655, Central Expressway, Sri City, Andhra Pradesh 517646, India
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