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Alumni Status
Campus immersion
18 Months - Blended Format
The FinTech industry in India is rapidly evolving, driven by cutting-edge technological innovations and the growing integration of Artificial Intelligence across financial services. From digital payments and blockchain to AI-powered analytics and automation, the sector is transforming how financial institutions operate and deliver value. As a result, there is an increasing demand for highly skilled and future-ready professionals who can navigate and lead this dynamic convergence of finance and technology.
Financial Services industry is currently witnessing a huge transformation driven by innovative technologies such as Block Chain, Artificial Intelligence, Cloud Computing, Internet of things and Mobile computing.
New FinTech firms have disrupted. The conventional financial services industry by leveraging these new technologies and offering customized, value-added services in a rapid manner.
To understand, analyze, and effectively leverage the emerging financial innovations and become a part of the new FinTech revolution.
Professionals need access to continuous & comprehensive insights in order to deliver cutting-edge solutions of global standards using the latest tools and technologies. IIM Sambalpur and NAL Academy provide a valuable resource of insights for the next generation of BFSI & FinTech professionals.
Located amidst hills and farmlands of Basantpur, the campus of IIM Sambalpur is peaceful and far away from the hubbub of the metropolis. Along with this peace, the lives of students revolve around classes, assignments, presentations, and exams. Apart from the rigorous curriculum, the Institute also gets access to the best faculty in the IIM system. The depth of knowledge of the Professors and the sheer ease with which they handle the course is astounding and inspiring. IIM Sambalpur holds Innovation, Integrity, and Inclusion as fundamentals to mould it into an Institute of National Importance. The main emphasis is to reach out and explore the unconventional areas through an entrepreneurial and novel approach. The world is competitive and we at IIM Sambalpur would like to take up the challenge through our action-centric research, value-based consulting, and experiential learning pedagogy. The knowledge and values that we wish to impart at IIM Sambalpur aims to develop professional business acumen while making our students versatile human beings and socially constructive. The institute currently imparts excellence through programs such as MBA, MBA Business Analytics, MBA for Working Professionals, Executive MBA, Ph.D. and Executive Ph.D. IIM Sambalpur stands as a beacon of excellence, committed to nurturing responsible leaders with a value driven mindset.
Applicants must possess a bachelor's degree from an accredited institution. While degrees in any field are accepted, backgrounds in business, economics, mathematics, engineering, computer science, or related disciplines are preferred.
A minimum of 3 years of post qualification managerial/ entrepreneurial/ professional experience as of the date of beginning of program.
Applicants should demonstrate strong academic skills, particularly in quantitative areas like mathematics, statistics, or economics. A solid grasp of business fundamentals is also beneficial.
Proficiency in the language of instruction, usually English, may be required, particularly for international applicants. Evidence of language proficiency can be shown through previous qualifications or the medium of instruction.
Fintech enthusiasts will gain skills and experiential knowledge on the following
How Blockchain enhance the financial services operations.
How Payment Tech, Insuretech and Wealthtech play a significant role in today's financial sector.
What are Digital currencies and smart contracts, and how to use them.
The challenges or security threats in implementing FinTech solutions and how they can be overcome.
What are the opportunities created from the national and international regulatory framework.
What is the role of Fintech solutions in equity analysis and risk management.
How will Artificial Intelligence and Machine Learning be used to create financial products and enhance customer experience.
Dr. Meena Bhatia is Professor of Finance and Accounting and Chair (Executive MBA Fintech and AI) at the Indian Institute of Management Sambalpur. With over 28 years of experience across academia and industry, she combines deep financial expertise with proven leadership in academic administration and quality assurance.
She has previously served as Dean – Executive Education at BIMTECH, where she led executive training, faculty development, and online education, in addition to steering key institutional initiatives such as AACSB, NAAC, NIRF, and NBA accreditations, and serving as Convener for Assurance of Learning (AoL). Earlier, as Dean of the University of Bradford's India Programme, she ensured academic parity with the UK campus and successfully navigated QAA validations. She also held the role of Director, IILM Graduate School of Management, overseeing curriculum design, academic governance, faculty development, and international collaborations with AACSB and EFMD.
Her research spans capital markets, value relevance, sustainability reporting and valuation, with publications in leading national and international journals. She actively mentors Ph.D. scholars and contributes to academic conferences. Alongside research, she designs and delivers management development programmes in finance, investment analysis, and strategic costing for corporates, PSUs, and SMEs, and has provided consultancy to small and medium enterprises. She is currently engaged in a research project with the Multi-Commodity Exchange on commodity options strategies for enhancing participation of hedgers and small stakeholders.
Dr. Bhatia holds a Ph.D. and professional qualifications including FCMA, CFA, MBA, and B.Com (Hons). A merit holder from the Institute of Cost Accountants of India and a scholarship awardee from ICFAI, she brings a strong blend of academic rigor and practical insights to her work.
Professor, IIM Sambalpur
Dr. Soumya Guha Deb is a Professor, in the area of Finance and Accounting at IIM Sambalpur and has more than 15 years of teaching experience. He holds a PhD (FPM) from IIM-Calcutta. Prior to that he did PGDBM from IIM Calcutta and his bachelor's in engineering from Jadavpur University, Calcutta. Before joining IIM-SBP he was a full-time faculty in the finance area at Xavier Institute of Management Bhubaneswar (XIMB) during 2007 2018. He teaches courses in Finance, for doctoral and post graduate programs at IIM Sambalpur and has also been a visiting faculty at XLRI Jamshedpur and IIM Indore.
He is an active researcher and has several publications in nationally and internationally reputed journals. His current research interests are in the areas of Corporate Finance, Corporate governance, primary equity markets, role of institutional investors in a firm and issues related to ESG performance of firms. He has also worked in the areas of Investments and Portfolio Management, Asset Pricing, Causality and Volatility modelling in financial markets etc. He is a regular reviewer of research papers in several reputed (tiered) journals published by SAGE, Springer, Emerald, Taylor & Francis and Elsevier.
Associate Professor, IIM Sambalpur
Dr. Seema Gupta is an Associate Professor in Finance and Accounting at IIM Sambalpur and attained Ph.D. from Indian Institute of Technology Delhi. She holds more than 26 years of teaching and industrial experience. Her specialization is Cost and Management Accounting, Financial Management, Corporate Restructuring Mergers and Acquisition. She was the resource person of various MDPs and FDPs.
She worked on various Government funded projects. During her academic journey of guiding doctorate scholars, she is the supervisor of 9 doctoral scholars and published more than 80 research papers in leading journals and conferences the list includes Global Journal of Flexible Systems Management, Harvard Business Review, Meditari Accountancy Research, Journal of Advances in Management Research, International Journal of Housing Markets and Analysis, Social Responsibility Journal, Qualitative Research in Financial Markets, Review of Behavioral Finance, International Journal of Disclosure and Governance, Property Management, Corporate Governance, International Journal of Productivity and Performance Management, Asian Journal of Management Case, Sustainability Accounting Management and Policy Journal etc. Among them 2 papers are the 2024 Emerald Literati Awards Winner and attained many best paper awards. She has authored books published from Springer.
Assistant Professor, IIM Sambalpur
Dr. Diwahar Nadar is a Chartered Accountant with over ten years of industry and academic experience. He worked as a consultant with a critical focus in the areas of financial reporting, auditing, and internal & control, amongst others. He completed his PhD from Symbiosis International and is also NET & SET qualified. He is currently serving as an Assistant Professor (Accountancy & Finance) at the Indian Institute of Management Sambalpur.
He brings a wealth of expertise in teaching specialised finance subjects, seamlessly blending theoretical knowledge with real-world applications to foster a comprehensive understanding among students. As a personification of the same, he was bestowed with the honour of "Best Faculty" by NMIMS in 2022. He continues to serve as an expert in the BOS (Board of Studies) for institutions. His case study on dividend decision has been categorised as a "Bestseller" by Harvard. Dr Diwahar Nadar's expertise lies in the areas of Dividend Decision, Mergers and Acquisitions, Financial Statement Analysis, Quality Investing and Health care financing, amongst others.
Assistant Professor, IIM Sambalpur
Dr. Nishi Malhotra is a highly accomplished professional in the field of finance. She holds a Ph.D. in Finance from IIM Kozhikode, an MBA from MDI Gurgaon, a B.Com (Hons) from Sri Ram College of Commerce, and an M.Com from IGNOU. Additionally, she has actively pursued courses in financial markets from the Bombay Stock Exchange and corporate finance from Coursera, demonstrating a committed effort to enhance her expertise.
Throughout her academic journey, Dr. Malhotra has contributed significantly to the field of finance by teaching an array of subjects such as Financial Accounting, Digital Finance, and other finance-related topics at esteemed institutions like OP Jindal Global University, Rajagiri College of Social Sciences, Dr DY Patil Vidyapeeth, Banasthali Vidyapeeth, and Guru Gobind Singh Indraprastha University. Combining her academic achievements with industry experience spanning over 15 years, she has gained invaluable insights and made substantial contributions to the finance sector. She has written more than 20 research articles and 8 books with Emerald Publishing, Taylor n Francis
Assistant Professor, IIM Sambalpur
Dr. Rahul Kumar is an academic and researcher specializing in Accounting and Finance, with expertise in empirical finance, market microstructure, derivatives, and financial market behavior during extreme events. His research focuses on areas such as market quality, corporate restructuring, ownership structure, and the impact of global crises on financial markets. He possesses strong analytical skills in quantitative methods, including event studies, panel regression, and difference-in-difference analysis. Alongside research, he is actively involved in case writing, curriculum development, and academic consultancy. He aspires to contribute to academic excellence through innovative teaching, impactful research, and the development of financial market research initiatives in India.
Assistant Professor, IIM Sambalpur
Dr. Dharen Kumar Pandey is an Assistant Professor of Finance at the Indian Institute of Management Sambalpur, Odisha. He has a Post-Doctorate from the University of Malaysia Terengganu, Malaysia (2024) and PhD from the Banaras Hindu University, Varanasi (2011). He has 15+ years post-PhD. experience in industry and teaching. He has been an Assistant Professor in the P.G. Department of Commerce, Magadh University, Bodh Gaya, Bihar, where he successfully guided two PhD theses. He has worked in the Goods and Services Tax and the Income Tax Department of Government of India.
He had been awarded BHU Gold Medal for standing first in the M.Com. Examinations, 2008. He has authored 3 books and more than 50 research and review papers in top-tier journals and edited books. He has participated in and presented papers at more than 40 national and international seminars and conferences. He has served as the Founding Secretary (2011-2024) of the Indian Accounting Association, Patna Branch. He also holds the posts of Honorary Chairman of the Indian Accounting Association, Patna Branch, and President of the Association for Academic Research and Innovation. He is the Chief Editor of the International Journal of Accounting, Business and Finance and the Associate Editor in the BIMTECH Business Perspectives, Business Perspectives and Research, Asia Pacific Management Review, International Journal of Business and Emerging Markets, Modern Finance, and International Journal of Business Governance and Ethics. He is also a member of the Editorial Board of the Journal of Innovation & Knowledge and Sustainable Technology and Entrepreneurship. His five research papers have been awarded in the International Research Awards hosted by the Institute of Chartered Accountants of India.
Post-Doctoral Fellow, IIM Sambalpur
Dr. Jogeswar Mahato is a Post-Doctoral Fellow (Finance Area) in the Indian Institute of Management Sambalpur, Odisha. He has been awarded PhD on the topic entitled "Development of a framework towards Sustainable Livelihood of tribal women: A study of select districts in Odisha" from the Department of Humanities, Social Science and Management, National Institute of Technology Jamshedpur, Jharkhand, India. He has more than two years of research and teaching experience from institutes like NIT Jamshedpur, Manipal University Jaipur, OUAT Bhubaneswar and NIT Rourkela.
He has completed his MBA (Finance) from the Biju Pattanaik University of Technology, Odisha. In addition, he is an awardee of National Fellowship from Ministry of Social Justice and Empowerment, Government of India. He has also received the prestigious Emerald Literati Award 2025. He has also qualified for UGC-NET in Management. His research interests include rural finance, financial markets, entrepreneurship and public policy. He has published/accepted more than 10 research papers in various international journals indexed in Scopus, ABDC and Web of Science. He has also published 8 book chapters and presented research papers in more than 10 national and international conferences.
The non-refundable application fee of Rs. 2,500 (+GST) should be paid at the time of application.
The Executive MBA in FinTech & AI by IIM Sambalpur Program fee is Rs. 9,55,000/- (Rupees Nine Lakh Fifty-five Thousand only). The Institute offers term-wise course structure and accordingly the term-wise fee is payable before the commencement of each term as below.
A candidate receiving an admission offer from IIM Sambalpur has to pay an offer acceptance amount/Enrollment Fee of Rs. 50,000/- within the stipulated date, if a candidate accepts the admission offer for the program, this amount is part of the Program Fee.
A refundable security deposit of Rs. 10,000/- is also payable at the time of enrollment. The deposit will be refunded in accordance with the Institute's policis upon successful completion.
Enrolled Participants are expected to make fee payment at least 10 days before the commencement of the respective term.
| Fee | Amount (INR) |
|---|---|
| Security Deposit (refundable) | ₹ 10,000/- |
| Enrolment Fee | ₹ 50,000/- |
| Term I Fee | ₹ 1,50,000/- |
| Term II Fee | ₹ 1,50,000/- |
| Term III Fee | ₹ 1,50,000/- |
| Term IV Fee | ₹ 1,50,000/- |
| Term V Fee | ₹ 1,50,000/- |
| Term VI Fee | ₹ 1,50,000/- |
| Alumni Fee | ₹ 5,000/- |
| Total Fees | ₹ 9,55,000/- |
NAL Academy Limited (formerly known as NSE Academy Limited) is a subsidiary of the National Stock Exchange of India Ltd. NAL Academy Limited enables the next generation of BFSI and FinTech professionals with industry-aligned skills – through capacity building programs and certification courses, powered by an online examination and certification system. The courses are well researched and carefully crafted with inputs from the industry professional. NAL Academy Limited works closely with reputed universities and institutions across India in building a competent workforce for the future of BFSI and FinTech. NAL Academy Limited also promotes financial literacy as an essential life skill among youngsters – a contribution towards financial inclusion and wellbeing.