Dr. Vikas Sangwan is an Assistant Professor in the Finance and Accounting area. Prior to joining IIM Visakhapatnam, he served as an Assistant Professor at Jindal Global Business School, O.P. Jindal Global University. He holds a PhD from IIT Kanpur and is a recipient of the Outstanding PhD Thesis Award from IIT Kanpur.

He earned a PGDM in International Business from the FORE School of Management and holds a Diploma in International Banking as well as a Diploma in Treasury, Investment, and Risk Management from the Indian Institute of Banking and Finance. He is UGC-NET qualified in both Management and Commerce, has cleared CFA Levels I and II, and is a Certified Associate of the Indian Institute of Banking and Finance.

His research interests include Corporate Finance, Entrepreneurial Finance, Sustainable Finance and Reporting, FinTech, and Microfinance. Prior to pursuing his PhD, he worked in various roles at Bank of Baroda and Vardhman Textiles Ltd.

Corporate Finance, Financial Management, Entrepreneurial Finance, Financial Reporting & Analysis, Sustainable Finance & Reporting, Financial Accounting, Cost & Management Accounting

• Sangwan, V., Harshita, Prakash, P., & Singh, S. (2020). Financial technology: a review of extant literature. Studies in Economics and Finance, 37(1), 71-88.
• Sangwan, S., Nayak, N. C., Sangwan, V., & Pradhan, A. K. (2021). Covid‐19 pandemic: Challenges and ways forward for the Indian microfinance institutions. Journal of Public Affairs, 21(4), e2667.
• Sangwan, S., Nayak, N. C., Harshita, & Sangwan, V. (2021). Borrowers’ credit risk factors, perception towards repayment interventions and moral hazard in loan delinquency: an investigation of Indian microfinance institutions. Applied Economics, 53(56), 6554-6569.
• Prakash, P., Sangwan, V., & Singh, K. (2021). Transformational approach to analytical value-at-risk for near normal distributions. Journal of Risk and Financial Management, 14(2), 51.
• Sangwan, S., Nayak, N. C., & Sangwan, V. (2023). Regulatory non-compliances in microfinance operations: a survey of Indian microfinance institutions. Journal of Financial Regulation and Compliance, 31(5), 714-728.
• Sangwan, S., Nayak, N. C., Sen, S., & Sangwan, V. (2023). Does firm size affect client targeting? An investigation over the clients of the Indian Microfinance Institutions. Humanities and Social Sciences Communications, 10(1), 1-8.
• Sangwan, V., Kushwaha, S., Prakash, P., & Singh, A. (2024). Life cycle stage as determinant of operational efficiency with implications for benchmarking. Applied Economics, 56(54), 6954-6971.
• Singh, A., Gupta, G., Shivhare, M., Malode, S. N., Sangwan, V., Sharma, M., & Khare, R. (2025). Risks and hedging avenues for power market participants: A novel framework and application to India. The Electricity Journal, 38(4), 107517.
• Sangwan, V., Kushwaha, S., Bhaskar, R. A., & Rajverma, A. K. (2024). Operational efficiency, agency costs and the mediating role of payout policy. Applied Economics Letters, 1-5.
   

• Developing Cost Accounting Framework for SAEL Pvt Ltd.
• Executive training of Comptroller and Auditor General of India (CAG) officers
   

Reviewer: Journal of Behavioral and Experimental Finance, Financial Innovation, International Review of Financial Analysis, Journal of Cleaner Production

Outstanding PhD Thesis Award at IIT Kanpur