Sanjay Mansabdar

Sanjay Mansabdar

Professor of Practice
sanjay.mansabdar@mahindrauniversity.edu.in

Senior multi faceted professional with worldwide experience in managing trading business spanning multiple asset classes and derivatives at international banks and asset managers. Entrepreneur with experience building technology driven startups in the social sector including Education and Agriculture. Experience in Academia with published research and teaching in the area of financial markets and data science with a strong interest in Research, Teaching, Innovation and Entrepreneurship.

Jan 2017 - Mar 2022

Ph.D. Economics and Finance, BITS Pilani, Hyderabad. 
Thesis on the impact of Embedded Location Options on Agricultural Commodity Futures in India.

Jul 1992 - Apr 1994

PGDBM, XLRI, Jamshedpur.
Silver Medallist, specialization in Finance and Marketing

 

Jul 1987 - May 1991

B. Tech., IIT Bombay, Mumbai.
Mechanical Engineering

Apr 2018 - Nov 2022

Professional Work Experience:
Founder, Dvara E-Registry Pvt Ltd.
Startup for agri-finance using Satellite Data, Image Processing and AI

Apr 2015 - Mar 2018

Product, Markets and Risk Consultant. NCDEX, Mumbai Market and product design and optimization for Futures and Option Products

Feb 2012 - Jan 2013

Product and Markets Consultant, DGCX, Dubai Product and markets design and optimization of Currency, Interest Rate and Gold Futures

Feb 2010 - Aug 2015

Founder, ClearConcepts Knowledge Services Pvt Ltd., Hyderabad. Ed tech startup in the area of online test preparation

Sep 2006 - Aug 2015

Director/ Consultant, Allegro Advisors, Bangalore. Established asset management, execution and family office business.

May 2004 - Aug 2006

Principal, Azura Capital Advisors, Singapore. Portfolio Manager for Asia Focused Macro Hedge Fund

Jul 2001 - April 2004

Principal, Bank of America, Hong Kong. Head of Interest Rate Trading, Asia responsible for Bonds, Swaps, Options and Structured Products trading.

 

Apr 1998 - Jun 2001

Vice President, J.P Morgan, Tokyo & Mumbai.JGB OTC and Exchange Traded Options bookrunner. India Management Committee, Head of India Interest Rate Trading and Primary Dealer in India Government Securities

Mar 1995 - Mar 1998

Manager, ICICI Securities Primary Dealer, Government Bonds Trading

Apr 1994 - Feb 1995

Asst. Manager, Citibank, Mumbai Worldwide Securities Services

Jul 1991 - Jun 1992

Senior Officer, TISCO, Jamshedpur TISCO Design Shop – in house design of Capital Equipment

Publications

2023

  • Mansabdar, S. & Yaganti, H.C. (2023). “Optimizing Hedging Effectiveness of Indian Agricultural Commodity Futures: A Simulation Approach”. Asia Pacific Financial Markets, 30, 13–36. https://doi.org/10.1007/s10690-021-09355-3 [ Second Best Paper at SEBI Capital Markets Conference]

    • 2022

  • Mansabdar, S., Yaganti, H.C. & Basu, S. (2022). “The impact of embedded location options on price discovery of agricultural futures contracts – the evidence from the Chana contract". Journal of Indian Business Research, 14(3), 301-318. https://doi.org/10.1108/JIBR-03-2021-0112
  • Mansabdar, S., & Yaganti, H. C. (2022). “Price Discovery in the Presence of Embedded Location Options: The Evidence from Chana Contracts in India”. Business Perspectives and Research, 0(0). https://doi.org/10.1177/22785337221098270

    • 2021

  • Afshar, M.H., Foster, T., Higginbottom, T.P., Parkes, B., Hufkens, K., Mansabdar, S., Ceballos, F. & Kramer, B. (2021). Improving the Performance of Index Insurance Using Crop Models and Phenological Monitoring. Remote Sensing, 13(5):924. https://doi.org/10.3390/rs13050924

    • 2020

  • Mansabdar, S., & Yaganti, H. C. (2020). “Heterogeneity of Cash Markets at Physical Delivery Points and the Hedging Effectiveness of Agricultural Commodity Futures in India – Lessons for Contract Optimization”. Applied Finance Letters, 9(SI), 79-89. https://doi.org/10.24135/afl.v9i2.239 [Second Best Paper at SEBI – NISM Conference]
  • Mansabdar, S., & Yaganti, H. C. (2020). “Valuing the quality option in agricultural commodity futures: a Monte Carlo simulation-based approach”. arXiv preprint arXiv:2006.11222.

    • 2019

  • Mansabdar, S. (2019). “Case Study: Dvara E-Registry – Leveraging Technology to Enhance Credit and Insurance Delivery to Small and Marginal Farmers in Odisha.” Livelihoods India Case Studies Compendium. [ Third Best Case Study at Sitaram Rao Case Study Competition] Available at https://livelihoods-india.org/wp-content/uploads/2022/08/sitaram-case-study-compendium-2019.pdf

    • Dr Mansabdar’s research is in the area of Computational Finance, Commodity Derivatives, AI applications to Finance and Agricultural Economics.