•  vidhu.shekhar@spjimr.org

Vidhu Shekhar

Assistant Professor, Finance & Economics

Vidhu Shekhar, a faculty in Finance & Economics area at SPJIMR, has completed his Ph.D. in Financial Economics from the Indian Institute of Management Calcutta. Prior to his Ph.D., he completed his MBA from IIM Calcutta (2006) and a B.Tech (H) from IIT Kharagpur (2004).

Post his MBA, he has worked in the Financial Services industry for 6 years in various roles across leading Indian/Global Investment Banks and Private Equity firms. He is also a co-founder of a B2B SaaS Fintech Firm – Vitt.ai

His research interest is anchored on topics including Financial Economics, FinTech, Behavioural Finance, and Heterodox Economics. He has also served as the Associate Head of the Centre for Financial Innovation at SPJIMR.

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Indian Institute of Management (IIM), Calcutta  

Ph.D., 2018
Focus: Economics

Indian Institute of MANAGEMENT (IIM), Calcutta

MBA, 2006
Major: Finance/Systems

Indian Institute of Technology (IIT), Kharagpur

Tech(H), 2004
Major: Aerospace Engineering


    Financial Economics

    Behavioral Finance


    Heterodox Economics


    Shekhar, V., Shukla, R., Agarwal, A. (2021). Leveraging Blockchain Technology for Indian Healthcare system: An assessment using value-focused thinking approach. Journal of High Technology Management Research, 32(2). https://doi.org/10.1016/j.hitech.2021.100415

    Link to Google Scholar


    Shekhar, V. (Author & Presenter), Conference of Behavioral Science in Management Conference, “From the Central Bank to the Monetary Policy Committee: Has the communication effectiveness improved?”, NSE Centre for Behavioral Science in Finance, Economics, and Marketing. (April 9, 2021)

    Shekhar, V. ISDSI, “Is Money Endogenous? Evidence from “High Frequency” Bank Lending Behavior in India”, SPJIMR, Mumbai. (December 30, 2018)

    Shekhar, V., Haldar, A., ISDSI, “Regionality of Financial Sentiments and Words,” SPJIMR, Mumbai. (December 30, 2018)

    Shekhar, V., World Communication Forum, Davos, “Economics Humanity and Communication,” WCF, Davos. (March 2016)


    Shekhar, V. (2023). Petro-Yuan or Petro-BRICS: The need for better alternative reserve currencies to break dollar dominance. Forbes India.

    Shekhar, V. (2020). How APMC Monopoly Is The Core Reason For Farmer Suicides In India. Swarajya. https://swarajyamag.com/ideas/how-apmc-monopoly-is-the-core-reason-for-farmer-suicides-in-india

    Shekhar, V. (2019). Indian Politico-Economic Narrative and Scale Of PM Modi’s “Real” Direct Benefit Programmes Point To A Bigger-Than-2014 Majority. Swarajya. https://swarajyamag.com/politics/indian-politico-economic-narrative-and-the-scale-of-pm-modis-real-direct-benefit-programmes-point-to-his-certain-return

    Shekhar, V. (2017). Assessing Demonetisation: Minsky Provides the Link That Traditional Economics Misses. Swarajya.


    Corporate Finance

    FinTech & Blockchain


    Bharat Chamber of Commerce Medal, IIM Calcutta/ Bharat Chamber of Commerce. (April 2006).

    Proficiency Prize, IIT Kharagpur. (April 2004).


    S. P. Jain Institute of Management & Research, Mumbai (Jan 2018 – Now)

    Assistant Professor

    Administrative Assignments

    Associate Head, Centre for Financial Services, Business School. (July 1, 2019 – Present).

    Mizuho Securities, Mumbai. (March 2012 – June 2012).

    Assistant Vice President

    QVT Financial LP, Delhi. (June 2010 – August 2011).

    Investment Analyst

    Intellicap Advisors, Mumbai. (April 2009 – April 2010).

    Senior Associate

    New Vernon Capital, Mumbai. (August 2007 – March 2009).

    Associate, Private Equity

    Edelweiss Capital Limited, Mumbai. (August 2006 – August 2007).

    Associate – Investment Banking


    Management/Executive Development, Voltas Limited, 19 participants. (September 20, 2019).

    Management/Executive Development, Voltas Limited, 25 participants. (February 4, 2019 -February 8, 2019).

    Certificate Programme, Fintech & Blockchain, 80 Participants. (Jul 21 – Feb 22)




    Financial Economics

    Behavioral Finance


    Corporate Finance


    Committee Member, Fellowship Programme and Research Committee, IIM Calcutta. (August 2015 – June 2016).

    Committee Member, Student Council, IIM Calcutta. (November 2013 – November 2014).

    Committee Member, Student Council, IIM Calcutta. (November 2012 – November 2013).

    Faculty Co-ordinator, SPJIMR – ADMAP – Finance Committee. (January 7, 2020).

    Speaker & Faculty Co-ordinator, SPJIMR’s Centre for Financial Services and Vanderbilt University Law School, University in Nashville, Tennessee. (December 12, 2019 – December 14, 2019).

    Workshop Organiser, SPJIMR, Mumbai, Maharashtra. (November 26, 2019).

    Workshop Organiser, SPJIMR, Mumbai, Maharashtra. (November 10, 2019).

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