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Faculty Profile

SOUMIK BHUSAN

Associate Professor – TAPMI Bengaluru

Area:

Accounting, Economics and Finance

Edu:

B. Com (H), CA (ICAI), CA (ICAEW), CISA, PGDFTM (ICFAI), EGMP (IIM Bangalore), Ph.D. (IIM Ranchi)

Date of Joining:

17th June 2024

Biography

  • Soumik Bhusan is a passionate problem solver with 20 years of corporate experience. He has tried staying out of his comfort zone (finance) and led roles in the program & product management, customer experience, and operations which added diversity to his experience. His curiosity keeps him agile to solve complex business problems. Soumik completed his Ph.D. from IIM Ranchi in 2023 and shifted to academics. He also a Chartered Accountant from India (ICAI), England & Wales (ICAEW), CISA (US), and completed executive general management (EGMP) from IIM Bangalore. In his last corporate stint, he was a CFO of a retail company where he led the organization from zero to $1 billion (life till date topline) at the same time being profitable. His previous stints include working in equity research (CMIE, Goldman Sachs), publishing (Macmillan Publishers), and retail (Reliance Trends, Titan, Bloomingdales Dubai – Al Tayer, Amazon). Soumik’s expertise lies in stakeholder management, financial planning, business process re-engineering, and capability building. In academics, his interests lie in banking, regulations, and financial reporting. Soumik has been a reviewer in Emerald Emerging Markets Case Study and The Case Study journals.

Teaching

  • Cost & Management Accounting, Financial Accounting, Corporate Finance, Accounting Information System

Research

  • Accounting (Banking Regulations, Governance, Disclosure, Earnings Management), Corporate Finance (Risk-Taking, Fragility)

Publications

  • Bhusan, S., & Singh, A. (2023). ICICI Bank and SBI–too big to fail. Emerald Emerging Markets Case Studies, 13(2), 1-38.
  • Bhusan, S., Dayanandan, A., & Gopal, N. (2023). Bank crisis resolution in India. Journal of Financial Regulation and Compliance, 31(5), 729-753.
  • Bhusan, S., Basu, S., & Naresh, G. (2022). Lakshmi Vilas Bank-DBS India Bank Merger: Done in Haste?. IUP Journal of Corporate Governance, 21(2).
  • Singh, A., & Bhusan, C. S. (2023). Best Practices in Finance Education in COVID Era: IIM Sirmaur. Management and Labour Studies, 48(2), 206-209.
  • Bhusan, S., Hazarika, A., & Gopal, N. (2022). Time to Simplify Banking Supervision—An Evidence-Based Study on PCA Framework in India. Journal of Risk and Financial Management, 15(6), 271.
  • Bhusan, S., & Hazarika, A. (2023). Impact of Deposit Insurance on Risk-Taking by Banks: A Bibliometric Study. IUP Journal of Corporate Governance, 22(2).
  • Singh, A., Soni, T. K., & Bhusan, S. (2023). Accounting practices at an Indian winery: the case of new vineyard. The CASE Journal.

Conferences and Workshops

    Conferences

  • Naresh, G., Ganesh, R., & Bhusan, S. (2021). Beta Anomaly and Investor Behaviour – Bank Stocks in Black Swan Moment. India Finance Conference (IFC).
  • Workshops

  • Research Design and Statistical Analysis. IIM Kozhikode, January 2020.
  • Anti-money Laundering Laws. ICAI, July 2018.
  • Introduction of Regression & Multivariate Analysis using SPSS & R-Studio. Lal Bahadur Shastri Institute of Management. January 2022.
  • Research Summer School Program. IIM Calcutta, May 2021.

Awards

  • The Great Indian CFO Leader 2022. Transformance, May 2024

Media Coverage

  • Not Applicable