Dr. (Prof.) Ashok Banerjee, will be succeeding Prof. Janat Shah, as IIM Udaipur’s new director. Prof. Banerjee who holds a Ph.D. from Rajasthan University, and a Master’s in Commerce from Calcutta University, has more than 45 publications under his name. Prof. Banerjee’s area of interest has been in the fields of Financial Time Series and Operational Risk Management. He has served as faculty for Finance at the Indian Institute of Management Calcutta, for 18 years and as Dean, he was instrumental in setting up the IIM Calcutta Innovation Park.
Prof. Janat Shah who has served IIM Udaipur as director since its inception in 2011 for two consecutive tenure, considered a rare feat in IIMs, has been instrumental in carving a niche for IIM Udaipur. Many new IIMs came up during the time, but IIM Udaipur managed to create a brand of its own moving ahead of other newer IIMs under Prof. Janat Shah’s leadership and guidance. From moving onto the new 300-acre campus, to making IIM Udaipur accredited by AACSB (only IIM of 2nd generation to be AACSB accredited), Prof. Janat Shah has many feather’s in his cap.
Prof. Ashok Banerjee, on the other hand is an academician with vast experience as a senior professor in the Finance and Control area. His research interests are in the areas of high-frequency finance, fintech and sentiment analysis. He was the Dean of New Initiatives and External Relations at IIM Calcutta. Prior to joining IIM Calcutta, he was a professor at IIM Lucknow. He also serves as an independent director on the Boards of companies in the financial and technology sectors.
During his stint as Dean, Prof Banerjee is credited with setting up an incubator at IIM Calcutta, called IIM Calcutta Innovation Park, which is recognised by the Department of Science & Technology as a Technology Business Incubator. Prof Banerjee was the founder-coordinator of the Financial Research and Trading Laboratory of IIM Calcutta.
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Prof. Banerjee has also been working in the role of proprietary algorithmic traders in supporting market quality and in sentiment analysis. He is also contributing through his study on algorithms for machines to `read’ and `understand’ the content in the same way a human does by associating every verb and adjective with the correct noun.
Also Read: IIM Udaipur Completes SIP for 2023 Batch.
Placements at IIM Udaipur : IIM U recently concluded the final placements of its flagship two-year MBA programme. There was a 31% jump in the average salary and 20% jump in the median salary. Consulting was the highest recruiting sector, followed by technology, banking and financial services, and consumer goods and durables.
IIM Udaipur which offers 2 year full time MBA Program, PhD, One Year MBA in Global Supply Chain Management, One Year MBA program in Digital Enterprise Management is ranked in top 15 B Schools by NIRF rankings 2022.
Update as on Aug 03, 2022. In a social media post Prof. Janat Shah mentioned, “I was lucky to get this wonderful opportunity to build an institution from scratch as a founder-Director and had a tenure of 11 years and 2 months to work on institution building. It has been a really satisfying journey. We have attempted to build a high-quality research focused institute which also provides a transformational journey for the students. Of course I had an outstanding board and support from faculty, staff, alumni, friends and well-wishers who helped us in this journey. We collectively worked together and under the guidance of the board put together an ambitious vision 2030. As a nation we need many high-quality institutions and at IIM Udaipur we were focused on building such an institution which would be globally recognised. I want to thank everyone (really long list of people) for contributing to this mission. I am happy to pass the baton to Prof. Ashok Banerjee who is an outstanding academic and administrator and would not only implement vision 2030 but add something substantial so that it so becomes vision 2030 plus. I am confident that the institute is in safe hands.”