Dr. Christopher Devakumar
Department of Commerce
Profile
Dr. Christopher Devakumar
Associate Professor
Dr. Christopher Devakumar is an Associate Professor in the Department of Commerce at Christ Academy Institute for Advanced Studies, Bengaluru. He brings over 14 years of teaching experience and more than 9 years of industry experience, combining academic expertise with substantial professional exposure in the finance and business domains.
Dr. Christopher has previously served at Christ University and PES University, where he contributed to teaching and academic activities in the areas of Commerce and Management. He has designed and developed several short-term certificate courses, curriculum frameworks, and credit matrices for undergraduate and postgraduate programmes across the Commerce and Management disciplines. Prior to his academic career, he worked as a Business Analyst with leading multinational organisations, including IBM India, Accenture, and Goldman Sachs, gaining extensive industry experience across various domains of finance and business analytics.
His key areas of teaching and research include Investment Management, Security Analysis and Portfolio Management, Management Accounting, Blockchain Technology, Derivatives, Risk Management, and Business Research Methods. His research interests primarily focus on financial markets, derivatives, blockchain applications, market anomalies, and emerging developments in financial technology. He has published research articles on the Indian derivatives market and market anomalies and has presented research papers at several national and international conferences on topics related to derivatives, blockchain technology, and risk management.
Dr. Christopher has also contributed significantly to academic governance and quality enhancement. He serves as a Board of Studies member for various colleges and higher educational institutions in Karnataka and Tamil Nadu. In September 2023, he was appointed as a Board of Evaluation member for Ph.D. research at Bharathiar University, Coimbatore, reflecting his academic expertise and contribution to higher education and research.
He is a member of the Chartered Institute for Securities & Investment (CISI), UK, and is also associated with professional and academic bodies in the field of accounting and finance. His active engagement with professional organisations enables him to remain connected with contemporary developments and practices in the financial sector.
Dr. Christopher holds a Doctor of Philosophy (Ph.D.) from Bharathiar University, Coimbatore, which he completed in 2022. He has also completed a Professional Certification in FinTech from the Indian Institute of Management Kozhikode (IIM Kozhikode) and is an alumnus of the institution.
With a strong blend of academic experience, industry exposure, research expertise, curriculum development, and professional engagement, Dr. Christopher Devakumar continues to contribute to the advancement of Commerce and Finance education, research, and industry-oriented academic practices.
Area
Fintech and Research
Qualification
BCom., MCom., Mphil., PhD
Experience
- 14 Years Academic Teaching
- 9 Years Industry
Publications
- On the Temporal Causal Relationship Between Macroeconomic Variables: Empirical Evidence From India – SAGE Publication
- Stock Market Linkages in Emerging Asia-Pacific Markets – SAGE Publication
- Evaluating Digital Payment Ecosystem and Cash Dependency: A Regional Prospective of India’s ATM and Card Transaction Dynamics – ABDC
- A Comparative Study of Effectiveness of Option Forecasting Models
- Volatility Forecasting Model in India Option Market – Evidence from the Black and Scholes Option Pricing Model, Artificial Neural Network and EGARCH
- An Empirical Evidence of Risk and Return on Selected Securities Traded in NSE India – IUP Journal of Risk Management
- Empirical Analysis of Option Forecasting Using Continuous Time Series – Monte Carlo Simulation Vs Multi-Layer Perceptron
- Impact of Indian Festivals on Indian Option Contracts – Empirical Evidence from Indian Option Market
FDP's
- Five-Day Faculty Development Programme on “Empowering Educators by Building Their Expertise in Securities Markets”, held from 19 to 23 January 2026 at NISM, Mumbai.
- Completed a six-day Research Development Programme on “Advanced Statistical Analysis and Econometric Modelling”, organised by Rosary College of Commerce & Arts, Goa, from 3 to 10 February 2025.
- Emotional Intelligence in the Age of Artificial Intelligence” Organized by Bangalore University Department of Commerce
Paper Presentation
- Investigating the impact of nudging on customer behaviour – a survey-based approach with reference to Gen Z – NSB Institute.
- Exploring the synergistic influence of digital technology, engagement strategies, learning flexibility and institutional culture on lifelong learning among Millennials and Gen-Z (2025) – Christ University, Bangalore.
- Turbulence and trends: Investigating risk, return and interdependencies in major APAC stock markets (2025) – University of Goa.
- AI in green FinTech: Impact on customer trust and sustainable corporate governance – Chennai International Conference 2026.
Professional Affiliations
- Indian Accounting Association (IAA) – Since 2024.
- National Human Resource Development Network (NHRD) – PINSTMSME/BNG/129387/10012025/10012035_1 – Since 2023.
- Chartered Institute for Securities and Investments (CISI), UK – Since 2013.
- Board of Studies Member, Sri Ramakrishna College of Arts and Science.

