Dr. Vinay Khandelwal
Assistant Professor (Finance) • ICFAI Business School • ICFAI University Jaipur
Short bio
Dr. Vinay Khandelwal is an Assistant Professor (Finance) at the ICFAI Business School, ICFAI University Jaipur. He also serves as the President of ICFAI IIC and Chairperson of the Centre for Business Sustainability. His research interests span asset pricing, fintech, ESG, digital transformation, and sustainable finance. He holds a Fellowship Programme in Management (FPM) and a PGDM from the Jaipuria Institute of Management Jaipur, along with a B.Com Hons from the University of Rajasthan. He has extensive academic and research credentials including JRF qualification, research grants from ICSSR, numerous publications in top-tier journals (Scopus Q1/Q2, ABDC A/B), and a granted UK patent in financial technology.
Teaching
“Qui ne continue pas d'apprendre est indigne d'enseigner.” — Gaston Bachelard
Current & Previous Courses
Financial Management
Faculty Course Module
Adv. Financial Management
Faculty Course Module
International Finance
Faculty Course Module
Financial Derivatives
Faculty Course Module
Corporate Finance
Faculty Course Module
Business Simulations
Faculty Course Module
PowerBI
Faculty Course Module
Introduction to AI
Faculty Course Module
Quantitative Finance
Faculty Course Module
Research & Development
“The Best for the Group comes when everyone in the group does what's best for himself AND the group.” — John Nash
Research Interests
- •Asset Pricing
- •Fintech
- •ESG
- •Digital Transformation
- •Sustainable Finance
Projects
Transforming Banking: The Impact of the Metaverse on Future Financial Services: A Journey towards a Developed India
2024Awarded a research grant of INR 15,00,000 by ICSSR as Principal Investigator under the Vision Viksit Bharat@2047 initiative (Application ID: ICSSR-VB-2024-3887). Completed and report submitted in September 2026.
Experience & Education
Academic & Professional Experience
Assistant Professor
Jun’24 – CurrentICFAI Business School, ICFAI University Jaipur
Teaching Financial Management, Adv. Financial Management, International Finance Guiding the IIC team as President - IIEC.
Assistant Professor
May’23 – Jun’24Institute of Business Management, GLA University Mathura
Teaching Financial Derivatives, Corporate Finance, Business Simulations, PowerBI Served as Accreditations Coordinator (AACSB & NBA) for IBM
Adjunct Faculty
Apr’25 – CurrentEaton Business School, Sharjah, UAE
Adjunct Faculty role covering Introduction to AI, International Finance, and Doctoral Scholars Supervision.
Adjunct Faculty
Jan’22 – Jan’26Stirling Management School, University of Stirling, RAK, UAE
Adjunct Faculty teaching Quantitative Finance and Financial Derivatives.
Assistant Professor (Part-Time)
Aug’22 – Mar’23Sunstone Eduversity (JECRC & SGVU Campus), Jaipur
Part-time Assistant Professor in Finance.
Assistant Professor (Part-Time)
Sep’22 – Jan’23International School of Informatics & Management (ISIM), Jaipur
Part-time Assistant Professor in Finance.
Education
Fellow Programme in Management (FPM)
2019 – 2023Jaipuria Institute of Management Jaipur, India
National Eligibility Test (NET) – JRF Awarded
2019National Testing Agency, University Grants Commission
Post Graduate Diploma in Management (PGDM, Eqv. to MBA)
2017 – 2019Jaipuria Institute of Management Jaipur, India
Bachelor of Commerce Honours (BCom Hons)
2014 – 2017University of Rajasthan
Publications
Showing 16 of 16 publicationsJournal papers, conference proceedings, book chapters, and academic publications.
Management Research for Industry 6.0 (1st ed.)
Jhalani, P., Khandelwal, V., & Soni, S.
Wisdom Words Publishing
Harnessing AI-Metaverse Synergies for Smart Sustainability: A Knowledge Management Perspective on Immersion, Ethics, and Decentralization
Alzeiby, E. A., Khandelwal, V., Cheng, J., Dash, S., Temperini, V., & Palladino, R.
Technology in Society (Scopus – Q1, WoS – SSCI, Impact Factor – 12.5), 103234
A Systematic Review of Paradoxes linked with Digital Transformation of Business
Singh, N., Vishnani, S., Khandelwal, V., Sahoo, S., & Kumar, S.
Journal of Enterprise Information Management (ABDC – A, Scopus – Q1, WoS – SSCI, Impact Factor – 6.5), Emerald, 37(4), 1348-1373
Exploring the Nexus of Infrastructure, Finance, and Economic Growth in SAARC Nations
Khandelwal, V., Chotia, V., Soni, S., Sharma, P., & Kalyani, S.
Problems and Perspectives in Management (Scopus – Q2, CiteScore – 2.2), Business Perspectives, 22(4), 649-657
ESG Disclosure & Firm Performance – An Asset Pricing Approach
Khandelwal, V., Sharma, P., & Chotia, V.
Risks (ABDC – B, Scopus – Q2, Impact Factor – 2.2), MDPI, 11(6), 112
Customer Resistance towards Food delivery apps: An in-depth inductive investigation
Alzeiby, E., Pathak, K., Saigal, T., Khandelwal, V., & Dash, S.
British Food Journal (Scopus – Q1, WoS – Q1, SCIE), Emerald, Forthcoming
Driving Sustainable Supply Chains through Digitalization: Unpacking the Role of Carbon Collaboration and Reporting
Alghafes, R., Khandelwal, V., Sharma, M., Horani, O. M., & Koltai, J. P.
Transformations in Business & Economics (Scopus – Q2, WoS – SSCI), Vilnius University Press, Forthcoming
Is There a Beta Anomaly? Evidence from India
Khandelwal, V., & Chotia, V.
Annals Of Financial Economics (Scopus – Q1), World Scientific, 17(04), 2250020
Examining the impact of agency issues on corporate performance: A bibliometric analysis
Khandelwal, V., Tripathi, P. M., Chotia, V., Srivastava, M., Sharma, P., & Kalyani, S.
Journal of Risk & Financial Management (ABDC – B, Scopus – Q2, MDPI, 16(12), 497
Understanding the Underlying Knowledge Structure in Business Ethics, Governance and Sustainability Research
Duara, M., Khandelwal, V., Kumar, C. S., Chotia, V., & Sharma, P.
International Review of Management and Marketing (Scopus – Q3), Econ Journals 15(1), 311-319
A Decade of Business and Professional Communication Quarterly: A PRISMA Guided Systematic Review
Sharma, D., Pandey, H., Khandelwal, V., & Walker, R. C.
Business and Professional Communication Quarterly (Scopus – Q2, Impact Factor – 1.4), Sage
How to cook a meme: Exploring content strategies in brand and user generated memes on Instagram
Agrawal, A., Sharma, D., Mishra, M., Shah, M. A., Alam, M., & Khandelwal, V.
Cogent Business & Management (Scopus – Q2, Impact Factor – 3), Cogent OA
Impact Investing in Action: A Framework for Sustainability
Kumar, C. T. S., Chotia, V., Soni, S. & Khandelwal, V.
International Journal of Management and Sustainability (Scopus – Q3), Conscientia Beam, 12(2), 245-258
Economic Value Added Research: Mapping Thematic Structure and Research Trends
Tripathi, P. M., Chotia, V., Solanki, U., Meena, R., & Khandelwal, V.
Risks (ABDC – B, Scopus – Q2, Impact Factor – 2.2), MDPI, 11(1), 9
Testing the Efficiency of the Treynor Black Model in the Post Global Financial Crisis Era
Singh, A., Khandelwal, V. & Gupta, R.
Pacific Business Review International (WoS - ESCI), Pacific Academy of Higher Education & Research University, 14(11), 1-10
Finance-Integrated Access Control Device
Vinay Khandelwal
UK Registered Design No. 6487031, Intellectual Property Office (UK)
Honors & Awards
Shiksha Ratan Award
2024
Certifications
Bloomberg Market Concepts (BMC)
Environmental Social Governance (ESG) by Bloomberg
NISM & CRISIL Certified ESG Risk Analyst
Algorithmic Trading and Finance Models with Python, R, and Stata Training by LinkedIn Learning
NET – JRF by University Grants Commission
Technical Skills
Stata
Bloomberg Terminal
S&P Capital IQ
Microsoft PowerBI
SmartPLS 4.0
RStudio [biblioshiny, getsymbols]
Python [yfinance, quandl]
Microsoft Office
Canva
Academic Conferences [Managed]
4th International Conference on ‘Management Research for Industry 6.0’
2026Conference Convenor at ICFAI Business School, The ICFAI University Jaipur
10th International Conference on ‘Netritva 4.0: Leadership in the era of connection and collaboration’
2023Conference Coordinator at Jaipuria Institute of Management Jaipur, India with support of AMDISA
9th International Conference on ‘Envisioning India's Future: Growth, Innovation, Sustainability, Happiness and Wellbeing’
2022Conference Coordinator at Jaipuria Institute of Management Jaipur, India with support of AMDISA
8th International Conference on ‘Envisioning Business for a Better Tomorrow’
2021Conference Coordinator at Jaipuria Institute of Management Jaipur, India with support of AMDISA