FLAME University

FACULTY

Learning from some of the best minds in education and in the industry
Prof. Shernaz Bodhanwala
Associate Professor - Finance
Email: shernaz.bodhanwala@flame.edu.in
PhD in Finance from Banasthali University, Rajasthan; Chartered Accountant; M.Com.; B.Com.; NET from UGC
BIO

Shernaz Bodhanwala has over 12 years of experience in industry, teaching and training.


Prior to joining FLAME University, she was working as an Assistant Professor at NIIT University delivering courses in Advanced Accounting, Cost Accounting and Credit Evaluation and Analysis in the Masters of Business Administration (Finance & Banking) program. Prior to that, she was Senior Associate Vice President at Amba Research India (Pvt) Ltd, Bangalore, involved in credit research on High yield companies covering sectors like Marine transportation, Oilfield services, Real estate and Airlines. Her credit research work involved detailed credit modeling, covenant analysis and report writing for the clients of large Investment banks and broker houses. She is well-versed in applying S&P and Moody’s methodologies on credit rating. She has also been instrumental in team handling and delivering training. She began her career as a practicing chartered accountant; with extensive experience in the field of Audit and Direct tax.


She has been affiliated to various academic institutions like ICFAI Business School, M.J. College, etc. on visiting faculty assignments.



RESEARCH & PUBLICATIONS

  • Bodhanwala, S., & Bodhanwala, R. (2018). “Does corporate sustainability impact firm profitability? Evidence from India.” Management Decision, Emerald Publication. https://doi.org/10.1108/MD-04-2017-0381

  • Arora, A., & Bodhanwala, S. (2018). Relationship between Corporate Governance Index and Firm Performance: Indian Evidence. Global Business Review, Sage Publication 19(3), 675-689,

  • Bodhanwala, S., Purohit, H., & Choudhary, N. “Causal dynamics in Indian agriculture commodity prices and macro-economic variables in presence of Structural break”, accepted for publication with Global Business Review, Sage Publication in October 2017.

  • Bodhanwala R J, Bodhanwala S (2016), “IFRS Adoption and Its Impact on Indian Stocks: Evidence from IFRS-Compliant Indian Companies”, IUP Journal of Accounting Research and Audit Practice, Volume 15, Issue 3, Page-1-10.

  • Bodhanwala R. J., Bodhanwala S (2016), “Validation of behavioral bias on Index rebalancing”, Amity Journal of Finance, Volume-1, Page-187-193.

  • Bodhanwala S., Purohit H., Choudhary, N. (2015). Empirical Study on Price Discovery Role in Non-Precious Metals Market in India, SAMVAD: SIBM Pune Research Journal, Vol X, 15-25.

  • Bodhanwala, S. “The impact of Cash Conversion Cycle and its determinants on firm profitability: Evidence from India; IMDR Journal,” Vol. III


Cases



Articles



  • Bodhanwala R J, Bodhanwala S (April 2018), “Stock selection using ROE and Sales growth”, Volume 33 Issues no.9, Page 66

  • Bodhanwala R J, Bodhanwala S (February 2018), “Career opportunities in Finance” Dalal Street Investment Journal, Volume 33 Issues no.6, Page 12-14

  • Bodhanwala R J, Bodhanwala S, (November 2017), “Investing using PE mean Reversion Theory”, Dalal Street Investment Journal, Volume 32 Issues no.26, Page 30

  • Bodhanwala R J, Bodhanwala S, (October 2017), “Stock market Valuation: A comparative study of PE ratio in Brazil, Russia, India, China, US, UK, Australia”, Dalal Street Investment Journal, Volume 32 Issues no.25, Page 50

  • Bodhanwala R J, Bodhanwala S, (October 2017), “Buy and Hold v/s Actively Managed portfolio”, Dalal Street Investment Journal, Volume 32 Issues no.22, Page 20-21

  • Bodhanwala R J, Bodhanwala S, (September 2017), “Share Buybacks: Do they benefit Investors”, Dalal Street Investment Journal, Volume 32 Issues no.20, Page 20-21

  • Bodhanwala R J, Bodhanwala S, (august 2017), “Change in Promoter Holding: What does it signify”, Dalal Street Investment Journal, Volume 32 Issues no.19, Page 26-27

  • Bodhanwala R J, Bodhanwala S, (July 2017), “Learning from foreign bourses post GST implementation”, Dalal Street Investment Journal, Volume 32 Issues no.17, Page 152

  • Bodhanwala R J, Bodhanwala S, (June 2017), “Dealing with Bonus and dividend stripping”, Dalal Street Investment Journal, Volume 32 Issues no.14, Page 24

  • Bodhanwala R J, Bodhanwala S, (April 2017), “Investing using EV/EBITDA multiple”, Dalal Street Investment Journal, Volume 32 Issues no.9, Page 37-38

  • Bodhanwala R J, Bodhanwala S, (February 2017), “Share selection using PE Ratio”, Dalal Street Investment Journal, Volume 32 Issues no.7, Page 32-33.

  • Bodhanwala R J, Bodhanwala S, (December 2016), “Market capitalization and returns, what to bet on”, Dalal Street Investment Journal, Volume 32 Issues no.1, Page 48-49.

  • Bodhanwala R J, Bodhanwala S, (2016), "Historical evidence in setting expectation from stock investing", Dalal Street Investment Journal, Volume 31 Issues no.21, Page 59.

  • Bodhanwala R. J., Bodhanwala S. (Sep 2016), "What Kind of Investor you are- Smart, Amateur, Passive", Dalal Street Investment Journal, Volume 31 Issues no.21, Page 22-23.

  • Bodhanwala R. J., Bodhanwala S. (Sep 2016), "Growth leads to Value creation", Dalal Street Investment Journal Volume 31 Issues no.19, Page 48-49.

  • Bodhanwala R. J., Bodhanwala S. (May 2016), "Retail Investor be cautious in selecting stocks with huge Debt equity ratio", Dalal Street Investment Journal Volume 31 Issues no.11, Page 60-61.

  • Bodhanwala R. J., Bodhanwala S. (March 2016), "Rush for Dividends- What does it mean for Investor in Stock market" Dalal Street Investment Journal Volume 31 Issues no.8, Page 23-24

  • Bodhanwala R. J., Bodhanwala S. (February 2016), "Check Promoter holding before you make a buy decision" Dalal Street Investment Journal Volume 31 Issues no.4, Page 59-60.

  • Bodhanwala R J., Bodhanwala S. (November 2015) ) "Promotors stake and Returns", Dalal Street Investment Journal Volume 30 Issues no.25, Page 19-21

  • Bodhanwala R.J., Bodhanwala S. (October 2015) ) "How do you Invest in uncertain Times", Dalal Street Investment Journal Volume 30 Issues no.22, Page 56-57

  • Bodhanwala R.J., Bodhanwala S. (September 2015) "Exploring a Tri-Cornered Relationship" Dalal Street Investment Journal, Volume 30 Issues no.20, Page 58-59

  • Bodhanwala R. J., Bodhanwala S. (September 2015) "Wealth creation and DVR" Dalal Street Investment Journal, Volume 30 Issues no.17, Page 22-23

  • Bodhanwala R. J., Bodhanwala S. (June 2015) "Rally in Equity market and Retail Participation", Dalal Street Investment Journal, Volume 30 Issue 14, Page 59-60

  • Bodhanwala R. J., Bodhanwala S. (June 2015) "Do events trigger abnormal Return", Dalal Street Investment Journal, Volume 30, Issue 13, Page 58-59