Faculty Profile

Dr. Susmita Subba

Dr. Susmita Subba

Assistant Professor

Commerce and Management

Biographical Sketch

Dr. Susmita Subba is an Assistant Professor of Commerce at St. Xavier’s University, Kolkata in the Faculty of Commerce & Management Studies. Previously, she served as a Guest Faculty in the Department of Management at Sikkim University, Sikkim , where she gained valuable academic experience.

She completed her schooling in Jorethang, Sikkim, followed by a Bachelor of Commerce from St. Joseph’s College North Point, Darjeeling. Dr. Subba earned her Master’s in Commerce from Sikkim Manipal University, Gangtok

Dr. Subba qualified the National Testing Agency (NTA) UGC NET Examination in 2019, making her eligible for the post of Assistant Professor. Driven by her keen interest in Financial Markets Volatility, she pursued doctoral studies at Sikkim University, Gangtok, in 2021 completing her Ph.D. in December 2024 from the Department of Commerce. She has published in various academic journals, contributing to the field of commerce.

She was also awarded the UGC Junior Research Fellowship (NET-JRF) and the ICSSR (Indian Council of Social Science Research) Fellowship (not availed). 

Additionally, Dr. Subba holds a certification from the National Stock Exchange and Sikkim Manipal University for the NSE Academy Certified Capital Market Professional (NCCMP) course.

In addition to her academic accomplishments, She is the holder of a patent [GERMAN PATENT AND TRADEMARK UTILITY MODEL NO: 20 2024 106 110] for Creation of Composite Risk Index (CRI) for Financial Market, underscoring her contribution to innovative research.

Qualifications

  • B.COM ( Bachelors of Commerce )
  • M.COM( Masters of Commerce )
  • Ph.D in Commerce

Areas of Specialisation

The area of specialization is in Accounting and Finance, specifically focusing on the financial market.

Teaching Experience

  • Worked as a Guest Faculty at ICFAI University, Gangtok Sikkim ( Jan 2020-Jan 2021)
  • Worked as visiting Faculty at Department of Humanities and Social Sciences, Sikkim Manipal University ( Oct 2025- Dec 2025)
  • Worked as a Guest Faculty at the Department of Management, Sikkim University Gangtok, Sikkim (Feb 2025-April 2026)
  • Worked at SRM University Gangtok, Sikkim (April 2026- May 2026)

Top 5 Publications

  • “The Temporal Study of Spot and Futures Market Volatility:Cross Linkages among the Equity, Commodity and Forex Markets in India” in “Indian Journal of Research in Capital Markets” a peer reviewed Journal. 2023
  • “The Construction and concept validation of Indian Financial Market Risk Index (IFM:CRI): A vibrant risk indicator to retail investors” in “ Australasian Accounting , Business and Finance Journal” ABDC listed and SCOPUS Q2. 2024
  • “ Accuracy of Volatility Forecasts in the Indian Financial Market: A Comprehensive Validation Study using Neural Network Algorithm ” in MUDRA: Journal of Finance and Accounting UGC CARE List 2025

Academic / Researcher Profile

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