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Associate Professor - Finance & Accounting
Area Chair - Finance & Accounting
Chair - Admissions
CONTACT
Email: hemendra.gupta@jaipuria.ac.in
Location: Jaipuria Lucknow
RESEARCH AREAS
Corporate Finance, Investment Management, Financial Markets
TEACHING AREAS
Corporate Finance, Investment Management, Financial Statement Analysis, Financial Econometrics
Dr. Hemendra Gupta is an accomplished academician, researcher, and corporate trainer with over two decades of rich experience spanning management education, financial training, and corporate leadership. Currently serving as Associate Professor of Finance at Jaipuria Institute of Management, Lucknow since 2014, he teaches courses in Financial Statement Analysis, Corporate Finance, Wealth Management, Financial Markets, and Financial Econometrics. He has also held key administrative roles including Chairperson – Admissions ,Finance Area Chair and Chairperson - PGDM
Dr. Gupta’s professional journey includes significant corporate experience with ICICI Group, where he managed wealth portfolios for HNI clients and led sales training across regions. Earlier, he served as faculty at Amity Business School and has been visiting faculty at ICAI, Lucknow University, Jain University , and has build expertise in training, research, and academic leadership.
An active researcher, Dr. Gupta has published extensively in Scopus and Web of Science-listed journals on topics such as stock market volatility, ESG indices, cryptocurrency, and financial risk management. He holds a Ph.D. in Commerce from the University of Lucknow, along with professional credentials including CFP, FIII, CAIIB, and fellow membership of the Institute of Cost Accountants of India.
A recipient of multiple awards, including the ICAI International Research Gold Award (2021) and Best Faculty Awards (2021, 2024), Dr. Gupta continues to bridge academia and industry through MDPs, consultancy projects, and advanced certifications in AI, data science, and algorithmic trading, reflecting his commitment to innovation and excellence in finance education.
PhD, FCMA, FIII, CAIIB, CFP
Total:27 Years
Academics: 19 Years
Industry: 8 Years
Chaudhary, R., Bakhshi, P., & Gupta, H. (2020). The performance of the Indian stock market during COVID-19. Investment Management and Financial Innovations, 17(3), 133-147. doi:10.21511/imfi.17(3).2020.11
Chaudhary, R., Bakhshi, P., & Gupta, H. (2020). Volatility in international stock markets: An empirical study during COVID-19. Journal of Risk and Financial Management, 13(9), 208. https://doi.org/10.3390/jrfm13090208
Gupta, H. (2020). Stability of beta in various sectors in different phases of stock market. Journal of Commerce and Accounting Research, 9(3). http://www.publishingindia.com/jcar/47/stability-of-beta-in-various-sectors-in-different-phases-of-stock-market/880/6077/
Gupta, H., & Chaudhary, R. (2022). An empirical study of volatility in cryptocurrency market. Journal of Risk and Financial Management, 15(11), 513. https://doi.org/10.3390/jrfm15110513
Gupta, H., & Chaudhary, R. (2023). An analysis of volatility and risk-adjusted returns of ESG indices in developed and emerging economies. Risks, 11(10), 182. https://doi.org/10.3390/risks11100182
Gupta, H., Chaudhary, R., & Gupta, S. (2022). COVID-19 impact on major stock markets. FIIB Business Review, 11(3), 336-346. https://doi.org/10.1177/2319714521994514
Hemendra, G., Rashmi, C., Kajal, S., & Suneel, G. (2022). Volatility modelling of asset classes: An empirical study during different phases of COVID-19. Accounting and Financial Studies Journal, 26(S2), 1-19. https://www.abacademies.org/articles/volatility-modelling-of-asset-classes-an-empirical-study-during-different-phases-of-covid19.pdf
Vishnani, S., Gupta, S., & Gupta, H. (2021). Convergence of Indian accounting standards to IFRS: Impact on quality of financial reporting of Indian industries. International Journal of Managerial and Financial Accounting, 13(1), 1-24. https://doi.org/10.1504/IJMFA.2021.116205
Revolutionising Emerging Market Equity Investments: The Role of Smart Beta Strategies. Vision 1-12. (Scopus & Web of Science listed)
Case Study: Delisting dilemma: evaluating the minority shareholder rights at ICICI Securities Emerald Emerging Markets Case Studies 15 (1), 1-24 (Scopus Listed)
An analysis of volatility and risk-adjusted returns of ESG indices in developed and emerging economies. Risks, 11(10), 182. https://doi.org/10.3390/risks11100182 ( Scopus Listed) Category B under ABDC List of Journal
An empirical study of volatility in the cryptocurrency market Journal of Risk and Financial Management 15 (11), 513 ( Scopus Listed) Category B under ABDC List of Journal
Convergence of Indian Accounting Standards to IFRS International Journal of Managerial and Financial Accounting 13 (1), 1-24 (Web of Science & Scopus Listed) Category B under ABDC List of Journal
Volatility in International Stock Markets: An Empirical Study during COVID-19
Journal of Risk and Financial Management 13 (9), 208, 2020 (Web of Science) Category B under ABDC List of Journal
The performance of the Indian stock market during COVID-19, Investment Management and Financial Innovations 17 (Issue #3,), pp. 133-147, 2020(Web of Science & Scopus Listed) Category B under ABDC List of Journal
COVID-19 Impact on Major Stock Markets, FIIB Business Review, 2021 (Scopus)
Stability of Beta in Various Sectors in Different Phases of Stock Market
Journal of Commerce and Accounting Research 9 (3), 25-32, 2020 Category C under ABDC List of Journal
Examining the influence of health insurance literacy and perception on the people preference to purchase private voluntary health insurance-Health Services Management Research 2018/3 (Scopus Listed), Category C under ABDC list of Journal
The Banking Opportunity in Micro and Small Enterprise Sector in print for publication in Journal of Applied Management - Jidnyasa, Vol 10, Issue 1, January - June, 2018
A Study to find co-relationship of various Sectorial Indices Return for different Investment period- Asian Journal of Management ISSN 0976-495X Vol 8 No.3 July - September 2017
Analysis of day of Week Impact on Sectoral Return in Indian Capital market in Journal of Research Innovation and Management Science Vol: III Issue II, April-June, 2017, ISSN :(P)-2454-6542; (E)-2455-9342
A Study on Evaluating P/E and its Relationship with the Return for NIFTY , International Journal of Innovative Research & Development 5 (7), 33-39 ISSN 2278 - 0211, Vol 5, Issue 7 June 2016
Rule based Asset Allocation in Equity for Retail Investors in India, Chapter in Book Dynamics of finance & Accounting ISBN Number 978-93-84207-19-9, 167-180, 2016
Challenges and Prospect for Agency Distribution Model in Life Insurance in India and Role of Regulator in International Journal of business management ISSN 2321 -8916, Vol 3 Issue 5 May 2015
A study on performance of Sensex & Evaluation of Investing Lump Sum or Monthly Regular Investment in Equity on risk & Return for Investor International Journal of Development Research Vol. 5, Issue, 04, April, 2015 ISSN: 2230-9926
Conference Paper on Dynamic Impact of BSE Indices on ESG Returns: Analyzing Asymmetry and Volatility Clustering in the 11th International Conference on Sustainability, IIM Shillong, 21-23 November 2024
Presented Paper on Asymmetric Volatility in Cryptocurrency International Conference on Future of Business: Opportunities in a post-pandemic world IMT- Nagpur , 22-23 April 2022
Promoting E-commerce Through User-generated Content 2019 11th International Conference on Advanced Computing (ICoAC), 302-309, published in IEEE Explore
Gupta, H., & Gupta, A. (Year). Application of machine learning in financial services. In P. Chatterjee, P. Astya, S. Chakraborty, & Pooja (Eds.), Machine Learning Algorithms for Engineering Applications: Future Trends and Research Directions (pp. 183-194) Nova Science and Technology. (ISBN: 978-1-68507-449-4). https://doi.org/10.52305/PYSB9608
Gupta, N. and Gupta, H. (2019). Promoting e-commerce through user-generated content. 11th International Conference on Advanced Computing (ICoAC), Chennai, India, 302-309, doi: 10.1109/ICoAC48765.2019.246857
Asymmetric Volatility in Crypto currency International Conference on Future of Business: Opportunities in a post-pandemic world. International Conference on Future of Business: Opportunities in a Post-pandemic World-2022, IMT Nagpur, Maharashtra [22-23 April 2022]
Gupta, H. (2022). Expert. Careers in Management, Gyanvani Channel AIR FM [January 2022]
Gupta, H. (2021). Expert Budget Analysis, K-News [February 2021]
Best Faculty Award (Inspiring Stories Pan Jaipuria ) 2024
Gold Award ICAI International Research Award 2021
Bronze Award ICAI International Research Award 2021
Best Faculty Award (Highest Peer Rating Pan Jaipuria) 2021
Winning the first prize in Head of Sales League in Himalayan region in B&A 2008-09
Winner of Head of Training Contest for best B&A Trainer Pan India 2009-10, 2011-12, 2012-13
Awarded as Best Trainer in North India for significant contribution to sales in 2007-08
Conference Paper on Dynamic Impact of BSE Indices on ESG Returns: Analyzing Asymmetry and Volatility Clustering in the 11th International Conference on Sustainability, IIM Shillong, 21-23 November 2024
Presented Paper on Asymmetric Volatility in Cryptocurrency International Conference on Future of Business: Opportunities in a post-pandemic world IMT- Nagpur , 22-23 April 2022
Promoting E-commerce Through User-generated Content 2019 11th International Conference on Advanced Computing (ICoAC), 302-309, published in IEEE Explore
Envisioning India's future: Growth, innovation, sustainability, happiness and wellbeing. Bloomsbury Prime. ISBN: 9789354358067
Delisting dilemma: evaluating the minority shareholder rights at ICICI Securities Emerald Emerging Markets Case Studies 15 (1), 1-24
