Dr. Pratap Chandra Pati

Assistant Professor, Finance
PhD (Finance, VGSOM, IIT Kharagpur); MPhil (Financial Econ., University of Hyderabad) ; MA (Quantitative Econ., University of Hyderabad); UGC-NET; Ranker in Bachelor (2nd) & Master (4th) Deg.
Phone:(0674) 6647 730
Email:pratap@ximb.edu.in
Home Page:

Teaching Interests

Financial Management (I & II)
Security Analysis & Portfolio Management
Options, Futures, and Other Derivatives
Fixed Income Securities


#Academic Honors, Awards & Scholarships

National Stock Exchange (NSE) Award with a cash prize of Rs 50,000 for Best Ph.D. Thesis in Financial Economics.

Research scholarship obtained from MHRD, Govt. of India to pursue Ph.D. (Finance) at Vinod Gupta School of Management (VGSOM), IIT-Kharagpur.

UGC-NET in Economics

Full-financial support received twice from IIT Kharagpur to present research papers in international conferences held at New Zealand and France.

University Merit Scholarship during Master and M.Phil program awarded by University of Hyderabad, Central University.

Rank 1 in the all India admission entrance test for M.A. and M.Phil in Economics conducted by University of Hyderabad,Central University.

4th Rank holder in M.A. Economics from University of Hyderabad,Central University.

University Rank (2nd) Holder with Distinction in B.A (Hons.) in Economics among all the colleges affiliated to Sambalpur University, Odisha.

#Research Awards

'Outstanding Research Paper Award' (With a cash prize of Rs 10,000) at 10th Annual UTI Capital Markets Conference organized by Indian Institute of Capital Markets (UTI Institute of Capital Markets) Navi Mumbai, December 18-19, 2006.

'Best Research Paper Award' (With cash prize of Rs 5,000), Second National Conference on Indian Capital Market: Emerging Issues organized by IBS Gurgaon collaboration with Association of Indian Management Schools, Feb 27-28, 2008.

'Best Research Paper Award' (With cash prize of Rs 5,000), Third National Conference on Indian Capital Market: Emerging Issues organized by IBS Gurgaon collaboration with Association of Indian Management Schools, March 6-7, 2009.

'Cash Award' for outstanding contribution in research and teaching at Indian School of Business (ISB), Hyderabad, March 2009.

'Best Presentation Award', 19th International Conference on Economics and Finance Research held in Paris, France, October, 19-20, 2017.

Research Interests

Empirical Asset Pricing
Time-series Econometrics
Derivatives Markets
Market Micro-structure

#Publication in refereed journals

(2019). The role of the volatility index in asset pricing: The case of the Indian stock market. (Forthcoming), Quarterly Review of Economics and Finance, Elsevier. Ranked B in ABDC Journal List.

(2018). Forecasting stock market volatility and information content of implied volatility index. Applied Economics, 50 (23), 2552-2568, Taylor & Francis, Ranked A in ABDC Journal List.

(2018). Volatility, maturity and volume in the Indian metals futures. Applied Economics Letters, 25 (10), 674-680, Taylor & Francis, Ranked B in ABDC Journal List.

(2017). A behavioral explanation to the asymmetric volatility phenomenon: Evidence from market volatility index. Review of Financial Economics, 35, 66-81, Elsevier, Ranked B in ABDC Journal List.

(2011). Intraday return dynamics and volatility spillovers between NSE S&P CNX Nifty stock index and stock index futures. Applied Economics Letters, 18, 567-574. Taylor & Francis, Ranked B in ABDC Journal List.

(2010). Volatility persistence and trading volume in an emerging futures market: evidence from NSE Nifty stock index futures. Journal of Risk Finance, 11, 296-309, Emerald Publishing, Ranked C in ABDC Journal List.

(2009). Information, price discovery and causality in the Indian stock index futures market IUP Journal of Financial Risk Management, 6, 7-21.

(2008). The relationship between price volatility, trading volume and market depth: evidence from an emerging Indian stock index futures market. South Asian Journal of Management, 15, 25- 46, AMDISA, Ranked C in ABDC Journal List.

(2007). Maturity and volume effects on the volatility: Evidence from NSE Nifty futures. 10th Capital Markets Conference, Indian Institute of Capital Markets Paper.

#Conference Presentations :

Fifth PAN IIM World Management Conference at IIM-Lucknow, December 14-16, 2017. (Fully Funded)

19th International Conference on Economics and Finance Research held in Paris, France on October, 19-20, 2017. (Best Presentation Award) (Fully Funded)

8th Financial Markets and Corporate Governance conference held at Victoria University of Wellington (New Zealand), April 20-21, 2017, in conjunction with the Monash University (Australia) and La Trobe University (Australia). (Fully Funded)

Second conference and workshop on Statistical Methods in Finance jointly hosted by Chennai Mathematical Institute (CMI) and Indian Statistical Institute (ISI) Chennai, Dec 18-22, 2016.

Fourth PAN IIM World Management Conference at IIM-Ahmadabad, December 13-15, 2016. (Fully Funded)

Management Doctoral Colloquium and Research Scholars Day, Vinod Gupta School of Management, IIT Kharagpur, February 10-11, 2016.

Management Doctoral Colloquium and Research Scholars Day, Vinod Gupta School of Management, IIT Kharagpur, February 10-11, February 11-12, 2015.

International Finance Conference 2009 at IIM Calcutta, India, December 3-5, 2009.

Third National Conference on Indian Capital Market: Emerging Issues organized by IBS Gurgaon collaboration with Association of Indian Management Schools (AIMS), March 6-7, 2009. (Best Paper Award with cash prize of Rs 5,000)

Second National Conference on Indian Capital Market: Emerging Issues organized by IBS Gurgaon collaboration with Association of Indian Management Schools, February 27-28, 2008. (Best Paper Award with cash prize of Rs 5,000)

International Conference on Business and Finance organized by IBS, Hyderabad and Bentley College, Boston (USA), January 11-12, 2008.

International Conference on Business and Finance organized by ICFAI (Hyderabad) and Philadelphia University (USA) December 22-23, 2006.

10th Annual UTI Capital Markets Conference organized by Indian Institute of Capital Markets (UTI Institute of Capital Markets) Navi Mumbai, December 18-19, 2006. (Outstanding Paper Award with cash prize of Rs 10,000)

Administrative Responsibilities

Finance Area Coordinator, XIMB (Academic Year 2019-20)
Member of Proact (Quality Assurance Committee), XIMB (Academic Year 2019-20)

Member in Editorial Board

Journal Reviewer

Journal of Financial Economic Policy (Emerald)
Applied Economic Letter (Taylor & Francis)
Global Business Review (Sage)

Research & Publications

Work Experience

Research Economist @ IGIDR, Finance Research Group, Mumbai

Academic Associate (Teaching and Research) in Finance area @ Indian School of Business (ISB), Hyderabad

Hobbies

Listening to Old Classical Music.