KSOM successfully conducted a five-day Online Faculty Development Program (FDP) on ‘Behavioural Finance & Investment Management’ from 22nd-26th June 2021. The FDP, approved by ATAL, AICTE, Govt. of India, received an overwhelming response attracting 200 participants from across India from the field of Finance, Economics, and Commerce. The FDP was bagged by Dr. Shikta Singh, Associate Professor, KSOM, KIIT DU.

The 5-Day Program, which consisted of a total no. of 14 sessions, aimed at providing opportunities to the participants to learn models and methodologies of a very novel area of discussion in the area of Behavioural Finance had its relevance to a wide spectrum in recent times.

Dr. Shikta had taken two sessions – Understanding Behavioral Finance & Building Blocks of Behavioural Finance.
The dignitaries who delivered the sessions were –
Dr. Jitendra Mahakud, IIT Kharagpur; Dr. Tapas Mishra, Southampton University, UK; Dr. Amitabh Gupta, Delhi University; Dr. Pravakar Sahoo, IEG,Delhi; Dr. Arun Jhulka, DU; Ms. Renu Maheshwari, CEO Finscholarz; Mr. Umang Kejriwal, Finland Labs; Dr. Debasish Das, CEO Humanlinks; Mr. Ashutosh Kumar, CEO Skill Capital; Mr. Sachin Agarwal, C.A , SEBI, NISM Trainer; Dr. Ipsita Nayak, Asst. Professor, KSOM.

These sessions aimed to equip faculties and participants from various institutions and Universities with proper behavioural and financial skills across a wide range of competencies. The sessions provided insightful information and hands-on experience on various components of the theme. These were supplemented with polls, Q&A sessions, simulations, videos, cases and activities conducted in different groups.

It was inaugurated on 21st June 2021 in the presence of Mr. Tirthankar Das, ED, JP Morgan New York & New Jersey, USA, Dr. S.K Mahapatra, Director, KSOM, Dr. S. N. Misra, Dean, KSOM and the faculty members over the virtual mode.

Appreciating KSOM for organizing the FDP, Mr. Tirthankar Das, set a perfect pitch to introduce the broad theme on Behavioural Finance highlighting the relevance of various biases affecting investors’ decisions. He also shared his experience with the diverse roles he held. He indulged the participants to ponder upon the skills, expertise, and competencies that a finance professional requires to possess. Dr. S.K Mahapatra provided an overview of the program and mentioned the functioning of the niche area, while Dr. S. N. Misra welcomed the delegates, participants, and resource persons. He cited the relevance of such a topic which is critical in academic and research engagement. The inaugural session ended with the Vote of thanks by the convenor Dr. Shikta Singh.

The 5 day long FDP had its valedictory session on 26th June 2021 in the presence of Dr. S.K Mahapatra, Dr. S.N Misra, Dr. Ashok Sar, Professor, KSOM and faculty members who have bestowed their support and encouragement.

Speaking at the valedictory event, Dr. S.N Misra, Dean, School of Management welcomed and thanked the faculty members cum participants from KIIT and outside institutions along with external and internal resource persons for their active involvement throughout the FDP. In his address, Dr S.K Mahapara, Director, KSOM elaborately explained the importance of such programs for faculty members and also recommended the continuity of such work. He also appreciated the efforts of the convenor and every person who helped make this program a success. He also thanked Dr. Achyuta Samanta, Hon’b;e Founder, KIIT & KISS for his whole hearted support to the virtual FDP-2021.

Dr. Ashok Sar also gave his insights on choosing such an unexplored area of delivery. Previously, Dr. Shikta Singh, the coordinator of the ATAL FDP-21 welcomed everyone and presented the details of the FDP program through a video and PPT. She talked about the immense interest shown by participants throughout the program. She addressed the audience by conveying her gratitude to all the attendees of the sessions. She talked in brief about the sessions and resource persons along with sharing her own experiences over the course of 5 days.

The FDP had 145 participants who have attended the 5 days from all across India. The participants provided extremely positive feedback for all the sessions.

The session closed with the vote of thanks by the convenor, Dr. Shikta Singh, Associate Professor, KSOM, KIIT DU. She thanked ATAL, AICTE, and KIIT for this opportunity.