Dr. Hemendra Gupta

Dr. Hemendra Gupta brings with him a rich and diverse experience of over twenty years spanning industry and academia.

In the corporate sector, he spent more than seven years with ICICI Prudential Life Insurance Co. Ltd., where he held key roles in training and sales. During his tenure, he was instrumental in designing training content and modules aimed at enhancing skillsets and improving productivity across the sales force. Notably, he also led the digitisation of sales operations in North India, playing a pivotal role in driving the organization’s digital transformation initiatives. In addition, he has conducted multiple workshops for CFP and AMFI aspirants, and led numerous Investor Awareness Programs under the aegis of SEBI.

In the academic domain, Dr. Hemendra is currently serving as an Associate Professor – Finance . Prior to this, he was associated with Amity Business School and has also served as a visiting faculty at prestigious institutions such as ICAI, ICMA, ICFAI, University of Lucknow and Jain University

Dr. Hemendra is affiliated with several esteemed professional bodies, reflecting the depth and breadth of his qualifications in the field of finance and insurance. He is a Fellow Member of the Institute of Cost Accountants of India (CMA) and a Fellow Member of the Insurance Institute of India (FIII). In addition, he holds the designation of Certified Associate of the Indian Institute of Banking and Finance (CAIIB). He is also a member of the Financial Planning Standards Board of India (FPSB) and a holder of the Life Underwriter Training Council Fellow (LUTCF) certification, further underscoring his expertise in financial planning, insurance, and banking.

He has conducted various MDP for LIC, LIC Housing Finance, AAI, Indian Oil, BPCL HPCL and has published various research paper in Scopus and WOS journal Through his combined academic and industry expertise, Dr. Gupta continues to contribute meaningfully to both student learning and the broader financial ecosystem.

He has published various research papers in Scopus, WoS and ABDC Journals in the area of Finance & Investment. He has also been awarded a Gold Award and a Bronze Award for Best Research Paper by the Institute of Chartered Accountants India.

Google Scholar | ORCID

Ph.D. Commerce from the University of Lucknow
Fellow Member of the Institute of Cost Accountants of India (ICAI)
Fellow Member of the Insurance Institute of India (FIII)
CAIIB from the Indian Institute of Banking & Finance
Masters of Business Laws from the University of Lucknow
P. G. Diploma in Management - Finance and Operations

Research Publication

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 Papers

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

Edited Books

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

Conference Proceedings

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

Conference Papers

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]

Subject Expert in a Television/Radio Debate

Gupta, H. (2022). Expert. Careers in Management, Gyanvani Channel AIR FM [January 2022]

Gupta, H. (2021). Expert Budget Analysis, K-News [February 2021]