Dr. Ayan Majumdar is an Assistant Professor in the Department of Management and Business Administration. He joined on 29^th January, 2016

Education

Ph.D. (University of Burdwan)

FCA (Fellow Member, The Institute of Chartered Accountants of India)

M.Com (University of Calcutta)

B.Com (St Xavier's College, University of Calcutta)

Teaching Experience

Assistant Professor, Dept. of Management & Business Administration, Aliah University, Kolkata (from 29^th January 2016 – till date).

Assistant Professor, Accounting & Finance, Dept. of Commerce, St. Xavier’s College (Autonomous), Kolkata (from 1^st July 2006 to 28^th January 2016).

Field of Specialization

 Finance & Accounting

Courses Taught/Teaching

Financial Accounting; Financial Management; Cost & Management Accounting; Direct & Indirect Taxes; Risk Management & Financial Derivative; Security Analysis & Portfolio Management.

Research Area

Dividend Policy; Portfolio Management; Derivative & Risk Management. 

Journal Papers Published

1. Majumdar, A. (2008, April). Foreign Currency Translation vis-à-vis Cash Flow Statement. The Management Accountant, 232-235.(ISSN 0972-3528).
2. Majumdar, A., & Majumdar, D. (2008, September). Judgment and Indian Accounting Standards. The Management Accountant, 682-686.(ISSN 0972-3528).
3. Majumdar, A., & Majumdar, D. (2012, July). Investment Allowance Reserve & Block of Assets: A Critical Look. The Management Accountant, 844-849.(ISSN 0972-3528).
4. Sur, D., & Majumdar, A. (2012). Dividend Policy of Indian Corporate Sector: A Study of Select Companies during the Post-liberalisation Regime. Asia Pacific Journal of Management Research and Innovation, 8 (2), 173-191. (ISSN 2319-510X).  DOI:10.1177/2319510X1200800210
5. Sur, D., & Majumdar, A. (2013, May). Dividend Payout Trends in Select Indian Companies: An Empirical Analysis. Management Accountant, 569-578. (ISSN 0972-3528).
6. Majumdar, A. (2013). Clubbing of Income as a Tax Planning Tool: A Review. DBM Social Science Reporter, 1 (1), 80-83. (ISSN 2347-1905).
7. Majumdar, A., & Majumdar, D. (2016, April). Regimentation or Free Play. The Management Accountant, 58-61. (ISSN 0972-3528).
8. Majumdar, A. (2016). Validity of Lintner’s Model in Indian FMCG Sector: An Empirical Analysis. Indian Journal of Applied Research, 6 (10), 33-35. (ISSN 2249-555X).
9. Majumdar, A., & Sur, D. (2017). Influence of Company Specific Components on Dividend Payout Trends in Study of Tata Steel Limited: An Empirical Assessment. Journal of Arts, Science & Commerce, VIII (2(9)), 23-28. (ISSN 2231-4172).
10. Majumdar, A. (2017). Empirical Modeling of Corporate Dividend Policy: A Study on Nifty 50 Companies. Asian Journal of Management, 8 (3), 718-722. (ISSN 2321-5763). DOI: 10.5958/2321-5763.2017.00113.5
11. Majumdar, A., & Saha, A. (2018). Influence of Macroeconomic Variables on Stock Market Volatility: A study on Nifty. Asian Journal of Management, 9 (1), 440-444. (ISSN 2321-5763). DOI: 10.5958/2321-5763.2018.00068.9
12. Chakrabarty, A., & Majumdar, A. (2020). The Effectiveness and Sensitivity of Stochastic Oscillator and Relative Strength Index in Select Indian Stocks. Our Heritage, 68(8), 23-37. (ISSN 0474-9030) (UGC CARE-I).
13. Majumdar, A., & Majumdar, D. (2020). Cash Flow Ratios Under Growth Approach as an Indicator for Evaluation of Business Performance. Journal of Commerce and Accounting Research, 9 (1), 6-12. (ISSN 2277-2146).
14. Saha, A., Majumdar, A., & Chatterjee, C. (2022). Effect of Selected Macroeconomic Variables on Indian Stock Market: An Empirical Study on Sensex. Stochastic Modeling & Applications, Vol. 26 No. 3, (January - June, Special Issue 2022 Part - 11) pp. 356-365. (ISSN 0972-3641) (UGC CARE-I).
15. Chakrabarty, A., & Majumdar, A. (2022). The Effectiveness of Measurement of Volatility Through Moving Average Envelope and Bollinger Bands in Stock Price Movements in Indian Market. JIM QUEST: Journal of Management and Technology, 18(2), 34-40. (ISSN 0975-6280) (UGC CARE-I).
16. Saha, A., & Majumdar, A. (2023). Effect of Select Macroeconomic Variables on the Indian Stock Market: An Empirical Analysis. Third Concept, Vol. 26 No. 432, pp. 22-27. (ISSN 0970-7247) (UGC CARE-I).
17. Chakrabarty, A., & Majumdar, A. (2023). The Impact of Fibonacci Retracement to Forecast the Support and Resistance of Select Indian Stocks and Indices. Third Concept, Vol. 26 No. 432, pp. 164-169. (ISSN 0970-7247) (UGC CARE-I).
18. Dutta, S., & Majumdar, A. (2023, June). Analysis of Fiscal Health of Municipalities in West Bengal Post 2011 A Case Study of Jangipur Municipality. The Management Accountant, pp. 68-72. (ISSN 0972-3528) (UGC CARE-I).
19. Chakrabarty, A., Majumdar, A. & Chatterjee, M. (2024). Quantifying the Volatility of Stock Price Changes in the Indian Market Using the Moving Average Envelope and Bollinger Bands. Institutions and Economies, Vol.16, Issue 2, pp. 30-56. (E -ISSN: 2232-1349) (Scopus Indexed). DOI: 10.22452/IJIE.vol16no2.2

Books Published

Books: 

1. Majumdar, A. (2014). Dividend Payout Trends in Indian Corporate Sector: A Study of the Post Liberalisation Era. Scholar’s Press, OmniScriptum GmbH & Co. KG, Germany. (ISBN: 978-3-639-71804-1).
2. Majumdar, A., & Mondal, A. P. (2019). Auditing & Assurance. Tee Dee Publication. (ISBN: 978-93-83819-35-5).
3. Majumdar, A., Mondal, A. P. & Majumdar, D. (2022). Adhunik Nirikhasasthra. Tee Dee Publication. (ISBN: 978-93-83819-45-4).
4. Majumdar, A., & Kundu, K. (2023). Fundamentals of Engineering Economics and Project Management. Aryan Publishing House. (ISBN: 978-8194452539).

Book Chapters:

1. Majumdar, A. (2015). Interest and Operating Cash Flow. In Business Innovations (pp. 89-95). Research Indian Publications. (ISBN: 978-93-84443-23-8).
2. Majumdar, A. (2019). Accounting: A Retrospect. In Frontiers in Management Research (pp. 219-225). Aliah University Publications. (ISBN: 978-93-83819-45-4).
3. Majumdar, A. & Chakrabarty, A (2024). An analysis of the quantification of volatility using the Generalized Autoregressive Conditional Heteroskedasticity (GARCH) Model in the context of stock price fluctuations in the Indian Capital Market. In Digital India – Navigating Sustainable Goals (pp. 201-204). Allied Publishers Pvt. Ltd. (ISBN: 978-93-89934-34-2).

Ph.D. Thesis Guidance

1. Anuradha Saha “Linkage between Macroeconomic Variables and Indian Stock Market: An Empirical Analysis” Aliah University, 2024.

Invited Lectures

1. Delivered Invited Lecture as Resource Person on ‘Regression, Multiple Regression, Coefficient of Determination’ in the e-National Workshop on “Basic to Advanced Research Methodology in Social Sciences”, organised by A. K. Dasgupta Centre for Planning and Development, Visva-Bharati, on 29^th April, 2022.
2. Delivered Invited Lecture as Resource Person on ‘Testing of Hypothesis: Normality Test’ in the e-National Workshop on “Basic to Advance: Hands-on Training of SPSS in Research Methodology”, organised by A. K. Dasgupta Centre for Planning and Development, Visva-Bharati, on 10^th May, 2022.
3. Delivered Invited Lecture as Resource Person on ‘Testing of Hypothesis: Normality Test’ in the e-National Workshop on “Use of Statistical Tools & SPSS in Research & Development”, organised by A. K. Dasgupta Centre for Planning and Development, Visva-Bharati, on 23^rd February, 2023.