Faculty | SPJIMR


A rich and lively student-teacher interaction is at the heart of SPJIMR's success. Our faculty members are known to be great teachers, who can bring alive the subject, encourage critical thinking and offer a wider, holistic perspective that is critical in today's complex business environment.

Our faculty members are drawn from academia, industry, government sector and non-profits. Collectively, they bring in a wide range of experience in building and delivering knowledge and skills to prepare participants for leadership roles.

The teaching-learning process at SPJIMR is vastly enriched by a series of non-classroom initiatives through which our faculty help build among participants the right attitudes to enable them lead with purpose, meaning and with an idea of service to society.

We have more than 53 full time faculty members, of which 36 are PhDs. The average experience of the core faculty is over 18 years, with several who have come to academics after years of experience as practitioners. In addition, we have around 20 adjunct faculty and several more visiting faculty who engage with participants of various courses.


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Dr. Srivatsan Lakshminarayan

Professor of Accounting and Finance

Dr. Srivatsan Lakshminarayan, PhD, ACA, CFA is a Professor in Accounting and Finance. He is also an academic member with the Centre for Financial Studies (CFS) at SPJIMR. Srivatsan completed his doctorate in 2018 from the School of Finance and Management, SOAS University of London in the area of accounting. While at SOAS, he was awarded a doctoral scholarship for the academic years 2013-14 to 2015-16. He also worked subsequently as a member of staff and held the position of Assistant Professor in accounting from 2016 to 2018. Srivatsan holds an MSc with distinction from the Centre for Financial and Management Studies, SOAS University of London. He is a CFA charter-holder and member of the CFA Institute, USA.

He is also a Chartered Accountant and an Associate Member of the Institute of Chartered Accountants of India. He completed his undergraduate degree in accounting from the University of Mumbai on a merit scholarship awarded by Sir Dorabji Tata Trust. He has prior experience of teaching accounting and finance subjects in both environments - standalone business schools and the University affiliated school of management and has taught financial statement analysis, corporate financial reporting, corporate finance and managerial accounting in Mumbai, London and Singapore. He has previously worked in positions of senior responsibility within the Investment Bank at JPMorganChase in Mumbai and London across fixed income product control, financial planning & control and operations risk management. He also has experience in the accounting profession within Indian member firms of the Big Four covering a range of assignments in US and Indian GAAP conversion, assurance and compliance. He is associated with the CFA Institute as a Global Professional Conduct Program volunteer. He also holds a certificate in International Financial Reporting Standards (IFRS) from the Institute of Chartered Accountants in Eng. & Wales (ICAEW).


Dr. Srivatsan Lakshminarayan

Professor of Accounting and Finance

Srivatsan’s research is largely focused on interdisciplinary and critical perspectives on accounting. His thesis examined the due process related to the development of the IASB’s 2018 conceptual framework, its internal coherence with new and amended International Financial Reporting Standards (IFRS), and framework consistency with established accounting principles (stewardship, reliability and prudence). He is interested in drawing on critical and normative approaches to the study of contemporary accounting practice, locating accounting within its social and political context and examining how accounting is implicated in a range of contemporary organizational structures/practices.

Academic Papers Published

Lakshminarayan, S., 2017. Market fundamentalism in the age of ‘haute finance': The enclosing of policy space in ‘emerging’ India. ephemera: theory & politics in organization, 17(4), pp.849-865.



2016 Lakshminarayan, S. (2016) ‘Brexit: Neither “Remainder” nor “Left-over” are mere economic identities’, Market Express, 21 June. Available at: http://www.marketexpress.in/2016/06/brexit-neither-remainder-nor-left-ov...

2013 Pattnaik, R. and Lakshminarayan, S. (2013) ‘More to policy than rate cut’, Hindu Business Line, 3 May. Available at: http://www.thehindubusinessline.com/todays-paper/tp-opinion/more-to-poli... (Accessed 10 August 2016)

2013 Pattnaik, R. and Lakshminarayan, S. (2013) ‘This rate cut looks like an afterthought’, The Free Press Journal, 13 March. Available at: http://www.freepressjournal.in/business/this-rate-cut-looks-like-an-afte... (Accessed 10 August 2016)

2012 Pattnaik, R. and Lakshminarayan, S. (2012) ‘Asset quality of banks worrisome: A default line for Basel III’, Hindu Business Line, 30 December. Available at: ttp://www.thehindubusinessline.com/money-and-banking/asset-quality-of-indian-b... (Accessed 10 August 2016)

2011 Lakshminarayan, S. (2011) ‘Indian inflation– Is it different this time?’, Prudence: E-Communique of Committee on Public Finance and Government Accounting, Institute of Chartered Accountants of India, p.7-8


Conference / Workshop Papers

2018 ‘The Conceptual Framework for International Financial Reporting Standards – An Examination of Conservatism (Asymmetric Prudence)’ – an interim presentation of thesis findings at the departmental seminar, School of Finance and Management, SOAS University of London, March 2018

2015 ‘Analysts at the gates - institutional change in public accounting through the lens of fair value’ presented at the biennial conference on Critical Management Studies, 2015 at the University of Leicester, under the sub-stream "The professions in neo-liberalism", July 2015

2015 ‘Managerial Authority – a comparison of Weber, Barnard and Simon with the organizational economics literature’ presented at the Critical Management Studies PhD Workshop at the Lund University School of Economics and Management, Lund, Sweden, May 2015

2015 ‘The idea of ‘emerging’ India – unravelling the institution, exploring possibilities’ presented at the 10th annual Ephemera conference on the theme "Whither emergence" organized by Ephemera and NCCA, Moscow, May 2015


Dr. Srivatsan Lakshminarayan

Professor of Accounting and Finance

Dr. Srivatsan Lakshminarayan

Professor of Accounting and Finance

Dr. Srivatsan Lakshminarayan

Professor of Accounting and Finance

Dr. Srivatsan Lakshminarayan

Professor of Accounting and Finance

Bhavan's Campus
Munshi Nagar | Dadabhai Road,
Andheri West | Mumbai - 400 058, India
Tel:+91-22-2623-0396/ 2401

Delhi Centre
Bharatiya Vidya Bhavan Campus, 3rd Floor
Gate No. 4, Copernicus Lane
Kasturba Gandhi Marg, New Delhi-110001
Tel: 8130545577, 011-23006871, ext-871