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)
• Chartered Accountancy
• M.Com (University of Calcutta)
• B.Com (St Xavier's College, University of Calcutta)
• Vidwan ID: 369914

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.