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Dr. Arya Kumar

Senior Professor, Department of Economics and Finance, BITS Pilani, Pilani Campus

Department of Economics and Finance, Birla Institute of Technology & Science, Pilani- 333031, Rajasthan. India.

Papers Presented/Accepted in International Peer Reviewed Conferences Abroad

  • Arya Kumar, “NPA Management in Indian Banking – Policy Implications “, 16th International Input –Output Conference, Istanbul, Turkey, 2-6 July 2007.
  • Arya Kumar and Arpirt Sharma, “Indian Public Policy for Management of Food Economy The Public Distribution System: Its Effectiveness and Sustainability Analysis”, Conference on Public Policy for Sustainable Development, Organized by INPUMA,  University of Malaya,  4-5 August 2009 in Kuala Lumpur, Malaysia.
  • Sushil K Sharma, Subhas C Sharma and Arya Kumar, “Ethnographic Study for Examining Virtual Learning Community”, 40th annual Midwest Decision Sciences Institute meeting hosted by Miami University in 2009. Paper was presented by Prof Sushil K Sharma.
  • Arya Kumar titled “Entrepreneurship Education@ An Innovative Approach” at the REE 12 Asia Round Table on Entrepreneurship Education by Stanford Technology Venture Program, Stanford University organised by Thammasat University, Bangkok, Thailand National Science and Technology Development Agency Thailand Management Association between 1-3rd February 2012 in Bangkok.
  • Arya Kumar, Suneet Raj Mohapatra and Pranshu Kacholia, ed. “Changing Consumption Pattern of Residents of Mumbai and its Future Implications, accepted for presentation in the 1st International Symposium on Business, Economics and Financial Applications held in Argostoli, Kefalonia, Greece between 11 to 2 June 2012. Paper was presented by students of BITS Pilani. 
  • Anmol Gupta and Arya  Kumar, Macro-economic Determinants to Forecast Stock Market Index, International Foundation for Research and Development, 2013 International Conference on Economic and Social Sciences, Bangkok , June 22-23, 2013.
  • Arya Kumar and Anmol Gupta, Determinants of Exports and imports of Indian Economy in Post Liberalisation Period and Policy Implications; Paper accepted in the Seventh World Congress – International Economic Association between 6 to 10, June, 2014 at Center at the Dead Sea, Jordan. 
  • Participated and presented thoughts in the final round of 2nd Asian Management Conclave 2nd Asian Management Conclave (AMC) 2016 held at SMU Singapore on March 7-8 and organized jointly by MBA Universe and SMU, Singapore.
  • Aditya Sharma and Arya Kumar paper titled “Momentum Profits and Investor Behavior” accepted for presentation and part of the conference proceedings of the 14th International Conference of the SGBED, at Montclair State University, Montclair, NJ, USA from June 21 to 24, 2016. 
  • Arya Kumar, “Global Energy, Environment and Transportation Sector – Issues, Challenges and Future Prospects”’ International Conference on Business and Economics (ICBE2018) and the 14th KODISA International conference in Seoul National University, Seoul, South Korea, 25th- 27th June 2018.

Papers Presented in National/International Conferences in India

  • Presented an invited paper on “Indian Banking – Issues, Challenges and Emerging Scenario” in the International Conference on Business & Finance organized by IBS Hyderabad between 9th& 10th January 2009.
  • Contributed as a resource person at the AICTE sponsored 1st National Conference on "Uniformity in Curriculum Development of Engineering Sciences" organized by Technology Education & Research Integrated Institutions (TERII), Kurukshetra on 6th March 2010. 
  • Presented a paper titled “Energy Challenges – Need for Alternative Sources with Specific Reference to India and Canada National Seminar on Sustainable Bio-fuels Development in Canada and India : opportunities and Challenges organized by Center for Canadian Studies Development Program Himachal Pradesh University, Shimla between 16th and 18th March 2010.
  • Invited talk on Role of Liberalized Policies in Development of Entrepreneurs, in the International Management conference on “New Horizons of Entrepreneurial Development” organized by Biyani Girls College on 25th and 26th November 2011 at Jaipur. 
  • Presented a theme paper on “Effective Leadership in 21st Century – Insights from Gita” in the National seminar on Management – India 2020: Management Processes and Practices organized by Vivekananda Institute of Technology, Jaipur on 30th April 2011.
  • Participated and shared thoughts in the Power Sector “HR Round Table Conference” organized by Indian School of Petroleum & Energy on 23rd November 2011 at New Delhi. 
  • Participated and shared thoughts in the conference organized by Indian Science & Technology Entrepreneurs’ Parks and Business Incubators between 29th and30th January at Chennai 2010.
  • Participated in the Second Annual conference of the Indian Science and Technology Entrepreneurs’ Parks and Business Incubators Association held between 31st January and 2nd February, 2008 at Trivandrum.
  • Participated in the seminar on Decade of Innovation: India @ Year 1 organised by CII and National Innovation Council Govt. of India between 16th Nov. and17th Nov. 2011 at New Delhi. 
  • Presented a paper titled  “Need and Importance of Market Research for Medium Small and Micro Start-ups“, the tenth Biennial Conference on Entrepreneurship – Feb 20-22, 2013 by Entrepreneurship Development Institute of India, Ahmedabad.
  • Mohit Alimchandani, Anil K Bhat and Arya Kumar, “Competitiveness of India’s Power Sector: Development of a Strategy Framework for Overcoming Challenges to its Critical Determinants”, Tenth AIMS International Conference on Management, IIM Bangalore, 6th -9th January 2013. 
  • Mohit Alimchandani, Arya Kumar, Anil Bhat “Highlighting Issues & Critical Challenges for Power Sector of India”, Eleventh AIMS International Conference on Management, IMT Ghaziabad, Dec 21-23, 2013.
  • Mohit Alimchandani, Arya Kumar and Anil Bhat , Issues & Challenges faced by Power Sector of India,  2nd International Convention on “Evacuation of 800 GW by 2013, viability of distribution sector- is franchisee model the future?” Organized by World Grid 2013 at New Delhi 28-29th May 2013.
  • Prof.  Arya  Kumar* & Er. Onkar Bagaria, “Higher Education in India: Issues and Challenges”, Tenth AIMS International Conference on Management, IIM Bangalore, 6th -9th January 2013. 
  • Arun Kumar, Arya Kumar & Anil Bhat, Whither Money lenders? Long Live Money Lending Insight!, World Conference on Emerging Issues in Management,  May 30-June 1, Jointly hosted by IIM Ahmedabad and IIM Goa,2013.
  • Arya Kumar, Anil Bhat and  Mohit Alimchandani ”Employee Perception of Adequacy of various skills at Different levels: An Empirical survey of power utilities in India” Second PAN-IIM World Management Conference, Nov.5th-8th 2014, IIM Kozhikode, Kerala
  • Mohit Alimchandani, Arya Kumar and Anil Bhat , Power Sector of India: As an essential contributor to the India’s Growth, 1st Annual Sustainability Conference organized by Rajiv Gandhi Indian Institute of Management at Shillong 21st – 23rd December 2010. 
  • Rajan Pandey and Arya Kumar, “Modeling persistence in conditional volatility using GARCH-family models” was presented at 11th International Conference on Business and Finance, 8th – 9th Jan 2015 organized at ICFAI Business School, Hyderabad. Paper presentation won the Best Paper Award amongst forty papers that were presented at the conference.
  • Arya Kumar and Ayush Jain, “ Factors Affecting Entrepreneurial Intent among Students : A Case Study of BITS Pilani, presented in the Eleventh Biennial Conference on Entrepreneurship, 18-20 February, 2015, at EDI, Ahmedabad.
  • Arya Kumar & Onkar Bagaria, Creating Ecosystem of Innovation & Entrepreneurship in New Engineering Colleges, presented in the Eleventh Biennial Conference on Entrepreneurship, 18-20 February, at EDI, Ahmedabad
  • Arya Kumar and Onkar Bagaria,  Creating Ecosystem for Entrepreneurship Education in Engineering Colleges, ICIER-IIMB International Conference on Entrepreneurship Education and Training: Design Delivery and Effectiveness, Indian Institute of Management, Bangalore, 29-31 January, 2015.
  • Arya Kumar, "Entrepreneurship Education@ An Innovative Approach” accepted for presentation in ICIER, IIMB International Conference 29-31 January, 2015.
  • Arya Kumar presented a paper titled “Higher Education – New Insights for Innovations in Learning Process in the National Seminar sponsored by NAAC on “Quality Enhancement through Innovative Policies in Teaching, Learning and Evaluation” held between 23rd and 24th November, 2015 and organized by Dolphin (P.G.) Institute of Biomedical & Natural Sciences, Dehradun. 
  • Rajan Pandey & Arya Kumar, “Symmetric and asymmetric behavior of intertemporal volatility of asset return: Observations from Indian stock market “, paper presented in the National Conference on Financial System Reforms & Economic Growth: Issues & Challenges organized by Lal Bahadur Shastri Institute of Management, New Delhi between March 11-12, 2016
  • Aditya Sharma & Arya Kumar, “Sources of Momentum Strategies: An Evidence from Indian Stock Market” , paper presented in the National Conference on Financial System Reforms & Economic Growth: Issues & Challenges organized by Lal Bahadur Shastri Institute of Management, New Delhi between March 11-12, 2016.
  • Parimal Merchant, Arya Kumar and Debasis Mallik, Factors Influencing Family Business Continuity in Indian Small and Medium Enterprises (SME) presented in the 2nd International Conference on Evidence Based Management (ICEBM 2017) , BITS Pilani , held between 17th -18th March 2017. (Best paper award).
  • Presented a paper titled “Knowledge Management Framework for Decision Support System in Higher Education Institutes in India” in the 11th ISDSI International Conference held at IIM Trichy , December 27th-30th , 2017. 

Research Papers

  • Arya Kumar & Kole Swapna, ”Facilitating Entrepreneurship amongst Rural Women: Issues and Key Challenges”, The Asian Economic Review, Journal of the Indian Institute of Economics, Vol. 47 no 3 Dec. 2005.
  • Arya Kumar & Anjali Mehta,”Credit Risk Modelling through Distance to Default”, Business Perspectives Vol.  9, No.2, July- Dec 2007. pp. 31-39.
  • Arya Kumar & Raghavan.P,” Forex Reserves – Issues & Challenges”, Prajnan –Journal of Social and Management Sciences, Vol. XXXV No 3, Oct-Dec. 2006, pp 249-262.
  • Arya Kumar,” Nurturing Entrepreneurial Culture”, University News, Association of Indian Universities, Vol. 45, No 27, July 2-8, 2007.
  • Arya Kumar and Umesh Dhyani, ”Nurturing an Entrepreneurship Culture through Academia”, University News, Vol.  42, No 47 November 22 – 28, 2004.
  • Arya Kumar, ”Indian Banking – Issues and Challenges – Emerging Scenario”, IME journal, Vol.  II No 2 July 2008. pp. 49-54.
  • Arya Kumar – Indian Banking in Globalised Era – Issues, Challenges and Emerging Scenario, Business Perspective, Vol. 11, No. 2 July – Dec 2009.
  • Arya Kumar - Entrepreneurial Leadership – Key to Entrepreneurship, b.smart, Vol.  1 Issue 2, April – June 2010.   
  • Arun Kumar Vaish, Arya Kumar Anil Bhat, Need for Credit Scoring in Micro-finance: Literature Review; International Journal of Research in Commerce, Economics &Management, Vol 1, Issue 6, 2011, pp.69-73.
  • Arun Kumar, Arya Kumar and Anil Bhat, Stakeholders’  Perspective of Service Attributes: An empirical study about money lending in rural India,  Asia Pacific Journal of Research in Business Management, Vol. 2 Issue 12, Dec 2011, pp141-153.
  • Arya Kumar and Akhilesh Tripathi, Treasury Operations in Indian Banks – Challenges in Operational Risk Management, The Indian Banker, Journal of Indian Banks Association, Vol. VIII No. 5, May 2013, pp.22-31. 
  • Arya Kumar and Akhilesh Tripathi, NPAs Management in Indian Banking – Policy Implications, IMS Manthan, The Journal of Innovations, IMS Noida, Vol. VII, Issue 2, Dec 2012, pp 9-18.
  • Arya Kumar and Akhilesh Tripathi, Operational Risks – Mapping, Assessment and Measurement Issues, Bank Quest, The Journal of Indian Institute of Banking & Finance, Vol. 84, No. 3 July – Sept 2013, pp. 28-36.
  • Arya Kumar and Akhilesh Tripathi, Operational Risk Management in Treasury Operations in Banks – Issues and Concerns, Business Markets Plus, Vol. 2 No 1 June 2013. 
  • Arya Kumar, Managing Change in Higher Educational Systems, University News, 50(53), December 31, 2012- January 6, 2013, pp.27-29.
  • Arya Kumar and Anmol Gupta, Macroeconomic Determinants to Forecast Stock Market Index , Business Perspective, Vol. 13, No.2 , July-Dec 2014, pp. 79-90.
  • Published a paper on “Strategies for Responding to Challenges to Higher Education in India” in University News, AIU, Vol. 52, No. 46, Nov 17-23, 2014, pp3-10. 
  • Arya Kumar & Anmol Gupta, Threshold Level of Inflation for Growth – Empirical Study, LBS Journal of Management & Research, Vol. XII, No 2 July – Dec 2014, pp 63-69.
  • Rajiv Agarwal, Arya Kumar and D’Souza Keith, A Study of the Factors Influencing Successors’ Choices in Indian Family-Managed Businesses, Journal of Applied Management and Investment, Vol. 4 No 3, pp- 128-136.
  • Rajiv Agarwal, Arya Kumar and D’Souza Keith, Successors in Indian Business Families: A Demographic Sample Study, Journal of Applied Management and Investment, Vol. 4 No 4, pp- 201-208.
  • Rajiv Agarwal, Arya Kumar and D’Souza Keith, Issues in Career Choices of Successors in Family Businesses: Perspective from Literature Review, Journal of Applied Management and Investments, Vol. 5, No. 1, 2016, pp 1-19.  
  • Arya Kumar, Higher Education in India- New Insights for Innovations in Learning Process, Elixir Educational Technology ISSN 2229-712X, Available online at www.elixirpublishers.com February 2016.
  • Arya Kumar, Innovative Approaches to Entrepreneurship Education: Illustration with CLEO Course of BITS Pilani, Journal of Management & Entrepreneurship, Vol. 10, No 1, Jan-March 2016, pp13-25. 
  • Rajan Pandey and Arya Kumar, “Modelling persistence in conditional volatility of asset returns”, paper accepted for publication in the forthcoming issue of Afro-Asian Journal of Finance and Accounting, Inderrscience Publishers, Vol 7 No1, 2017, pp. 16-34. 
  • Parimal Merchant, Arya Kumar and Debasis Mallik , The Role of Quality of Relations in Succession Planning of Family Businesses in India, Journal of Asian Finance, Economics and Business, Vol 4, No 3 , 2017, pp. 45-56.   
  • Parimal Merchant, Arya Kumar and Debasis Mallik, Factors Influencing Family Business continuity concerns in the Indian SME segment.” Journal of Family and Economic Issues, 39, 2018, Springer pp177-190, . 
  • Arya Kumar, “Management Education  - Need for Innovation”, Higher Education Review, 18th April 2017
  • Manish Dave, Kanhaiya Singh, Arya Kumar and Sachin, Knowledge Management Measures: An Empirical Investigation of Indian Cement Industry", Benchmarking: an International Journal, (Accepted )
  • Manish Dave, Kanhaiya Singh, Arya Kumar and Sachin, Knowledge Management Measures: An Empirical Investigation of Indian Cement Industry", Benchmarking: an International Journal, (Submitted – under review).
  • Aditya Sharma and Arya Kumar, "A Review Paper on Behavioral Finance: Study of Emerging Trends”, Qualitative Research in Financial Markets (Submitted - under review).

Articles

  • Swami Anubhavananda and Arya Kumar, “It’s now a ‘manage – mind business" appeared in Business Line of Hindu dated 18th June 2007.
  • Arya Kumar, ” Entrepreneurial Opportunities in  a Knowledge Economy”, DARE – Because Entrepreneurs Do Vol.  2 Issue 10 July 2008, pp. 46-47.
  • Arya Kumar & Aniket Tekawade, ”Not Just a Competition – Business Plans”, DARE – Because Entrepreneurs Do, May 2008, pp.78-79.
  • Arya Kumar, ”Entrepreneurship as a Career Option”, TIMES ASCENT dated 30th July, 2008.
  • Arya Kumar,” Entrepreneurship as a Career Option”, TrailBlazer, Magazine BITS Management Association, 2009.
  • Arya Kumar, “Entrepreneurship - a way of life”, Education Times of Times of India May 2009.
  • Arya Kumar, “Entrepreneurship Education”, Just Careers – Business Magazine – A Special issue on Entrepreneurship October 2009.
  • Arya Kumar, Entrepreneurial Ecosystem in India, NEN360 Newsletter for Entrepreneurs, Vol. 1 Issue 6, Nov. 2012.
  • Arya Kumar, Mentoring – Fulcrum for Promoting Ventures, published in material being brought out by NEN in its Publication 
  • Arya Kumar, We Need an Idea Centric Approach, , Special Issues Engineering, Hindustan Times education, 22nd May 2013.  
  • Prof Arya Kumar views on Incubation covered in The Wall Street Journal DT 19th March 2013 in an article titled Career Journal: Secrets to Get Your Startup Incubated. 
  • Arya Kumar, [Startup Hatch] BITS Pilani’s Technology Business Incubator spurs 30 startups a detailed interview appeared in Your Story.in dated 13th May 2013. Linkhttp://yourstory.in/2013/06/startup-hatch-bits-pilanis-technology-business-incubator-spurs-30-startups/
  • Arya Kumar, Changing Paradigm of Management Education – Need for Introspection, Published on Education Promotion Society of India web site in the month of January – Feb. 2016, http://www.epsfi.org/article.aspx?id=5.
  • Arya Kumar, Changing Paradigm of Higher Education – Need for Introspection,  Proceedings of National Conference on Reforming & Rejuvenating Indian Higher Education – A Stakeholders’ Perspective, 18th May 2016, EPSI, New Delhi. 
  • Views covered on Sandbox for Research & Development - TBI BITS Pilani in the Times of India dated 26th March 2017.  

Chapter in Books

  • Arya Kumar, ” Reinventing Effective Leadership”, In the book on HR Interventions in the Global Competitive Regime, ed. Charles Xavier, Adhikari C S, Murthy Ramana B V, Excels Books First Edition 2005.
  • Arya Kumar, Need and Importance of Market Research for Medium, Small and Micro Start-ups, in the book on Entrepreneurship, ed. by Sasi Misra and Dinesh Awasthi, EDI and Book Well, New Delhi 2013, pp 425-436.
  • Arya Kumar and Ayush Jain, “ Factors Affecting Entrepreneurial Intent among Students : A Case Study of BITS Pilani, published in the proceedings brought out by Bookwell for the selected papers in the Eleventh Biennial Conference on Entrepreneurship, 18-20 February, 2015, at EDI, Ahmedabad, pp 166-179.
  • Arya Kumar & Onkar Bagaria, Creating Ecosystem of Innovation & Entrepreneurship in New Engineering Colleges, presented in the Eleventh Biennial Conference on Entrepreneurship, 18-20 February, at EDI, Ahmedabad and published in the proceedings brought out by Bookwell for the selected papers in the Eleventh Biennial Conference on Entrepreneurship, 18-20 February, at EDI, Ahmedabad, pp 215-225.
  • Rajan Pandey and Arya Kumar, Symmetric and Asymmetric Behaviour of Intertemporal Volatility of Asset Return: Observations from Indian Stock Market, ed. book Financial System Reforms and Economic Growth Issues and Challenges, Mc Graw Hill Education, 2017.
  • Aditya Sharma and Arya Kumar, Momentum Profits and their Sources: Evidence from Indian Stock Markets, ed. book Financial System Reforms and Economic Growth Issues and Challenges, Mc Graw Hill Education, 2017.