Prof. Rohan Chinchwadkar

Assistant Professor 101, Shailesh J. Mehta School of Management, I.I.T.Bombay, Powai, Mumbai 91-22-25767788 rohan[at]som.iitb.ac.in

Rohan Chinchwadkar is an Assistant Professor of Finance at the Shailesh J. Mehta School of Management, an Associate Faculty at the Desai Sethi School of Entrepreneurship and Professor In-Charge of the HDFC ERGO – IIT Bombay Innovation Lab.

PhD Guidance 

I’m keen on guiding PhD students in all areas of finance, with a special focus on the following areas :

• Entrepreneurial Finance, Entrepreneurship and Innovation (Startup Financing, Startup Incubation, Venture Capital, Financing of Innovation, University Entrepreneurship)
• Artificial Intelligence in Finance and Entrepreneurship(with a special focus on Generative AI and Large Language Models)

Education

• PhD (Finance), Indian Institute of Management (IIM) Calcutta (2009-13)
• B. Tech. (Electronics), VJTI, Mumbai (2005-09)

Academic Experience

• Assistant Professor, Indian Institute of Technology (IIT) Bombay (2019-Present)
  • Assistant Professor of Finance at the Shailesh J. Mehta School of Management
    • PhD Teaching: Entrepreneurship as Practice
    • MBA Teaching: Start-up Financing, Private Equity & Venture Capital, Money: Past, present and future
    • BTech Teaching: Corporate Finance
  • Associate Faculty at the Desai Sethi School of Entrepreneurship
    • BTech Teaching: Business Fundamentals for Technopreneurs, Finance for Entrepreneurs
    • Start-up Mentor, IDEAS (Innovation, Development & Entrepreneurship with Alumni Support) Program
  • Professor In-Charge of HDFC ERGO – IIT Bombay Innovation Lab
    • Strategic partnership in innovation-entrepreneurship to transform financial services, including insurance
  • Member, Evaluation-Monitoring Committee at Society for Innovation and Entrepreneurship (SINE)
    • Committee administers Grants and Entrepreneurship-in-Residence programs of DST and MeitY, GoI
• Assistant Professor of Finance, Indian Institute of Management (IIM) Trichy (2016-19)
  • MBA Teaching: Private Equity & Venture Capital, International Finance, Investment Analysis & Portfolio Management
  • PhD Teaching: Introduction to banking: Theory & History, Research Methods in Finance & Accounting
  • Administrative committees: PGP (Business Management), Learning Resource Centre, Five-year Strategic Plan
• Visiting Professor of Entrepreneurship, Indian Institute of Technology (IIT) Jodhpur
  • Institute Elective: New Venture Financing (Sources of Startup Finance, Guide to Startup Fundraising)
  • Start-up Mentor, Technology Innovation and Startup Center, deep-tech incubation centre, IIT-J
• Visiting Professor of Finance, Indian Institute of Management (IIM) Calcutta
  • MBA Elective: Investment Analysis & Portfolio Management
  • Guest lecture: “Transformation of Public Sector Banks & Post-Merger Management in banking”

Industry Experience

Associate (Management Consultant), McKinsey & Company (2013-15)

• Involved in various types of consulting engagements like private equity due diligence, post-merger management, entry strategy, portfolio strategy, strategy implementation, operations and research across banking and financial services, defence, high-tech, IT services and healthcare sectors
• Worked with a variety of clients like bulge-bracket private equity fund, leading family-managed business group, large professionally-managed business group, public-sector bank, non-banking financial services company, private-sector bank and mid-sized technology firm

Publications

Journal Publications

• “Technology Business Incubation: A Literature Review and Gaps”, International Journal of Global Business and Competitiveness, 17, 2022, with Vidit Mohan
• “Political business cycles, elections and entrepreneurial finance: A framework”, Journal of Quantitative Economics, 18(4), 2020
• “Post-COVID-19 challenges in the Indian IT industry”, Economic and Political Weekly, 55(42), 2020, with Vinish Kathuria
• “The choice of exit: Influence of private equity investors and buyout entry”, Journal of Emerging Market Finance, 17(1S), 2018, with Rama Seth
• “Evolution of private equity regulations in emerging markets: A case of India”, The Journal of Private Equity, 20(1), 2016, with Vidhu Shekhar
• “Real exchange rate and real interest rate differential: A cointegration approach with structural shifts”, Journal of Quantitative Economics, 13(2), 2015, with Kunal Khairnar
• “Effect of book building and auctions on the exit choice between IPO and acquisition”, Theoretical Economics Letters, 5(4), 2015, with Rama Seth
• “Merger Returns and Choice of Payment Method: A Case from the Indian Banking Industry”, International Journal of Economics and Finance, 7(1), 2015

Case Studies

• “CIIE: Seeding a Cleantech Entrepreneurship Ecosystem”, Ivey Publishing, Harvard Business Publishing, 2024, with Vidit Mohan, Valerie Mendonca, Supriya Sharma
• “BETIC, IIT Bombay: Commercializing a Novel Digital Stethoscope”, Ivey Publishing, Harvard Business Publishing (bestseller), 2021, with Mueen Ahmed and Sankalp Pratap

Edited Book and Book Chapter

Articles in National Newspapers and Media Outlets

• “Social barriers are often the first Indian entrepreneurs encounter”, in Mint, Jan 8, 2024
• “What entrepreneurs can learn from reading Jeffrey Archer”, in Mint, Mint Lounge, September 6, 2021
• “The evolution of startup incubators and incubation policy in India”, in YourStory, August 23, 2021
• “The geography of startup incubation In India”, in Bloomberg Quint, August 2, 2021
• “How to fund innovation in the time of coronavirus”, in Mint, April 15, 2020
• “Choose large-cap mutual funds wisely”, in The Financial Express, Mar 13, 2019
• “Large-cap mutual funds: Big inflows, small returns”, in Bloomberg Quint, Mar 5, 2019
• “Factors that determine investors’ risk appetite”, in The Financial Express, Dec 10, 2018
• “4 steps to construct & manage an investment portfolio”, in The Economic Times, Nov 10, 2018
• “Have you covered your risks?”, in The Economic Times, Oct 8, 2018
• “Three ways to forecast the value of the rupee”, in The Financial Express, Sep 28, 2018
• “Is the rupee overvalued or undervalued?”, in Mint, July 26, 2018
• “Do higher interest rates lead to lower growth?”, in Mint, April 5, 2018
• “Reducing the home bias in equity investments”, in Mint, Feb 15, 2018
• “Accurate benchmarking of mutual funds”, in Mint, Jan 16, 2018
• “If Keynes had designed India’s central bank”, in Mint on Sunday, Dec 3, 2017
• “Time for a Reserve Bank of India dot plot”, in Mint, Sep 26, 2017
• “Does a rate cut lead to a currency dip?”, in The Hindu Business Line, Aug 22, 2017
• “Pluralism in monetary policy framework”, in Mint, July 31, 2017
• “Young and the Restless”, on India’s demographic dividend, in The Economic Times, June 24, 2017
• “The perils of a larger public sector”, in Mint, June 15, 2017
• “The political economy of India’s bad bank”, in Mint, Mar 6, 2017
• “Growth in the time of demonetisation”, in The Hindu Business Line, Mar 3, 2017
• “Designing the bad bank of India”, in Mint, Feb 21, 2017
• “Using Alternative Investment Fund regulations to start up India”, in Mint, Jan 23, 2017
• “To Reap What You Lend” on demonetisation and banks, in The Economic Times, Dec 23, 2016
• “Why a Dr. Dravid is important for cricket”, in The Hindu Business Line, April 13, 2017

Quotes in National and International Media

• “Lessons For Mutual Fund Investors From 2018”, in Bloomberg Quint, Dec 29, 2018
• “Weak Rupee Not Enough to Tip the Scale in Favour of India Exports”, in Bloomberg, July 20, 2018
• “India Investors Should Watch Core Inflation, Analysts Say”, in Bloomberg, April 24, 2018
• “India Central Bank Minutes Surprise With Tilt Toward Rate Hike”, in Bloomberg, April 20, 2018
• “Frothy assets spark concerns as cash floods Indian markets”, in Bloomberg, Sep 18, 2017
• “Split Within Central Bank Flags Flawed Inflation Model”, Bloomberg, Washington Post, Aug 7, 2017
• “Private-sector, foreign banks see India opening”, in S&P Global Market Intelligence, Mar 1, 2017

Television Interview

• Measuring Portfolio Performance: The Mutual Fund Show, Bloomberg Quint, May 16, 2018 (10K+ views)
• News coverage: “How To Assess Mutual Fund Performance”, Bloomberg Quint, May 19, 2018

Industry Publications

• “India’s technology opportunity: Transforming work, empowering people”, McKinsey Global Institute
• “Role of innovation in achieving universal healthcare access”, McKinsey whitepaper, quoted by USAID