Faculty Profiles

IFIM Business School

Dr. Samir Ranjan


Dr. Samir Ranjan
Dean – Academics

Dr. Samir Ranjan is a seasoned professional in the area of Quantitative Finance with twenty years of work experience in industry and academia. His academic interests center around Mathematical Finance. Specifically, his interests include application of Stochastic Calculus, Econometrics and Numerical Methods to Asset Pricing in the area of Fixed Income. His teaching interests include Quantitative Methods, Econometrics, Fixed Income Securities, Financial Derivatives, Computational Finance, Credit Derivatives and Numerical Methods.

Educational Qualification:

  • M.S. (Mathematical Finance), Columbia University, New York, U.S.A. (CGPA 3.536/4.0)
  • Ph.D. (Physics), Purdue University, West Lafayette, Indiana, U.S.A. Thesis title – Inelastic Effects in Josephson Junctions (CGPA 3.88/4.0))
  • B.S. (Honors) and M.S. in Physics, St. Stephen's College, Delhi, India. Ranked in the first four percent in order of merit.
  • Intermediate in Science (I.Sc.), Science College, Patna University, Patna, India. 2nd rank in the university. Distinction in Physics and Mathematics.

Subject Taught:
Graduate courses taught:

  • Statistics (Probability, Hypothesis Testing, Simple and Multiple Linear Regression)
  • Econometrics (Simple and Multiple Linear Regression, Time Series Modeling)
  • Fixed Income Securities (Bonds, Interest Rate Futures, Swaps, Callable Bond)
  • Computational Finance (Finite Difference Method, Monte Carlo Simulation)

Undergraduate courses taught:

  • Mathematics (Algebra and Calculus)
  • Computers and Information Technology for Business (Programming and Database concepts)

Research Interest / Consulting Area:
Research Interest :
Application of Stochastic Calculus, Econometrics and Numerical Methods to Asset Pricing in the area of Fixed Income.

Consulting Area:
Stochastic Calculus, Financial Mathematics, Financial Modeling, Options, Fixed Income Securities, Finite-Difference Technique, Financial Derivatives, PDEs, Bonds, Swaps, Interest Rate Futures, Bond Futures, Credit Derivatives.

Academic Work experience:
April 2011 – January 10, 2017: Associate Professor, Jindal Global Business School, O. P. Jindal Global University, Sonipat, Haryana, India.

Corporate work experience:

  • August 2002 – 2011: Financial Engineer, TIPS and TechHackers (Bonddesk Group), New Jersey, U.S.A.
  • Jan. 2001 – August 2002: Financial Engineer, Financial Sciences Corporation, New Jersey, U.S.A.
  • Jan 1998 to Dec. 2000: Research Engineer, Integrated Decisions and Systems, Inc. (IDeaS), Minnesota, U.S.A.

Also teaches/taught at:
August 1988 – 97: Department of Physics, Purdue University, West Lafayette, Indiana, USA

Other professional engagements include:

  • January 15 – April 15, 2018: Senior Consultant, CRISIL (Credit Rating Information Services of India Ltd.), Pune, India
  • December 21, 2017: Chaired a session at the 2nd CRISIL Doctoral Symposium held at IIM Bengaluru, India at the 7th India Finance Conference

Achievements & Awards

  • September 2015: Award for Teaching Excellence, O. P. Jindal Global University, India
  • April 97: The Lark-Horovitz Prize in Physics in recognition of demonstrated ability and exceptional promise in research, Purdue University.
  • April 97: The Edward S. Akeley Memorial Award in Theoretical Physics, for the best dissertation, Purdue University.
  • Summer 90 and 95: David Ross Fellowship, Purdue University.
  • December 84: Junior Research Fellowship from University Grants Commission, India, through a nationally competitive examination (NET)
  • July 76 - July 82: State Merit Scholarship from the Government of Bihar, India.

Books / Research papers published :
Effects of intrinsic inelastic scattering on the critical current of a Josephson Junction, Samir Ranjan, Mikhail V. Fistul, and G. F. Giuliani, Europhys. Lett., Vol. 39, No. 3, pp. 317-321 (1997).

24 years of leadership development

The journey of IFIM Institutions