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Our core faculty consists of PhDs from India's leading universities with notable professional experience or published work.

Prof. Sunder Ram Korivi, Dean- NISM
Prof. Sunder Ram Korivi is an MA (Economics & Political Science) and PhD (Business Policy & Administration) from the University of Mumbai. He is a CA Rank-holder (Nov.1989, All-India 7th) and Fellow of the Institute of Chartered Accountants of India. Additionally, he is also an Associate member of the Institute of Cost & Management Accountants of India and the Insurance Institute of India.He was nominated as an honorary Fellow of the Association of Secretaries & Managers (Calcutta) and associate of the Chartered Institute of Securities & Investments (CISI-London). He was a full-time faculty member at SP Jain Institute of Management, and later, a Professor at NMIMS University, where he also served as the Head of the Departments of Finance and Economics. His interests are in the fields of Financial Reporting, Financial Institutions & Markets and Fixed Income Securities. He has won several Best Teacher awards. As the Dean of the School of Business Management at NMIMS University, he has also served on its various Boards, viz., Board of Management, Advisory Board, Planning & Monitoring Board and as the Convener of the Academic Council. He spearheaded several initiatives such as the MBA (Capital Markets) in collaboration with BSE, the MBA in Actuarial Science. He is the recipient of the Best Academician Award from Amity University. He was also instrumental in the cooperative endeavours with CIMA (UK), and CISI and Case Western University, USA and the Asia Pacific Risk and Insurance Association (APRIA, HQ Singapore). His work was recognized with the Three Palms Award from Eduniversal (France), for his contribution to the internationalism in the NMIMS curriculum. He has been nominated to the Board of Advanced Studies, ICMAI and as a subject expert at LNJP Institute of Criminology and Forensic Science and the Board of Studies – Finance at the University of Kashmir. He has conducted policy-oriented research for the Central and State Governments and for SEBI. An adjunct faculty at IIM Kozhikode, he has also lectured at IIT Bombay, NIBM, NIA, NITIE, BSE and other institutes of national importance. In addition to authoring papers in national journals and international conferences, he has guided 2 PhDs, and also refereed PhD studies of several universities all over India. He has been with NISM since 2008. He has prior work experience with Business India as a Corporate Researcher, Tata Industrial Finance Corporation as a Merchant Banker and also with Axiomé as a Merchant Banker. He teaches Fixed Income, Credit Derivatives and Structured Products in CFERM Programme.

Dr. S. Rachappa, Associate Professor

Dr. Rachappa is an M.Com (Accounting, University Rankholder) and PhD (Life Insurance) from Osmania University. He is the member of the American Accounting Association (AAA) and the Indian Accounting Associations. He has conducted training programmes for the officers of the Securities Exchange Board of India (SEBI). Prior to joining NISM, was an Associate Professor at Narsee Monjee Institute of Management Studies (Deemed University), Mumbai, and prior to that, a fulltime faculty member at Osmania University College of Commerce and Business Management. He was a visiting faculty at National Institute of Industrial Engineering (NITIE) and the School of Business Management at Jawaharlal Nehru Technical University (JNTU). He has consistently obtained high ratings from past students of MBA and CFA Institute (USA). He was the recipient of Indian Accounting Association's Young Researcher Award for the year 2008- 09 and also ICFAI's Daily Telegraph Best Research Paper Award in 2008. He specializes in Financial Reporting, Analysis and Forensic Finance. He also has interests in the life insurance sector. He has presented more than 20 research papers in national and international conferences and has 5 research publications in his name. He has conducted peer reviews of two research articles for Vikalpa, the Journal published by IIM Ahmadabad. He will be teaching Accounting Aspects of Financial Engineering and Derivative Accounting.

Mr. Akhlaque Ahmed, Lecturer, PGPFERM Programme Director

Mr. Akhlaque Ahmad is an MSc (Applied Mathematics) from Aligarh Muslim University and an MPhil (Cryptography) from the University of Mumbai. .Moreover, he has done Post Graduate Diploma in Financial Engineering (PGDFE). Currently, he is pursuing his doctoral degree in Financial Derivatives from Department of Economics (Autonomous), University of Mumbai. He has been research fellow for the Ministry of Science and Technology, Government of India, New Delhi. Prior to joining NISM, he was associated with the undergraduate programme of the London School of Economics & Political Sciences conducted at Mumbai. He has delivered talks and presented papers at University of Oxford, UK, National University Singapore, Singapore, Royal Flemish Society of Belgium, Belgium, Bradley University, USA, IIT Bombay, IISc Banglore and University of Mumbai, India. He has published work in the area of financial engineering, financial economics and derivatives. Also, he teaches executive programs and SEBI Induction Program. His areas of interest include Financial Engineering, Financial Cryptography, Mathematical Finance and Derivative Pricing. He has been visiting faculty at various B-Schools of University of Mumbai and India. He has industrial experience as a consultant with financial software and advertising companies. He teaches Mathematical Finance, Computational Finance and Financial Engineering related subjects in PGPFERM Programme. He extensively uses RLanguage, Matlab, and Excel-VBA for computational and modelling purpose.

Dr Rachana Baid, Adjunct Associate Professor

Dr. Rachana Baid is an M.Com (Gold medallist) and PhD. She specializes in Financial Systems and Regulatory Policy. She has undertaken consulting assignments with multilateral agencies such as the World Bank and has been a visiting faculty at IIM Indore and SP Jain Institute of Management. She has also served as an Assistant Professor at the UTI Institute of Capital Markets, Mumbai for about a decade. She teaches Financial Economics in PGPFERM Programme.

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