Prof. Umesh S. Mahtani is an experienced professional with over three decades of expertise in finance, accounting, offshore industry operations, and academia.

His academic experience includes teaching finance and accounting courses to MBA students and in Executive programs. He also served as the Chair for a PGDM program, where he supervised a cohort of 480 students and managed aspects such as placements, induction, events, and conferences.

Prof. Mahtani's dedication to research has resulted in publications in highly regarded Scopus-indexed journals, including those classified under the A*, B*, and C tiers on the ABDC list.

Prof. Mahtani has excelled in corporate finance and accounting across industries including manufacturing, trading, and information technology. He successfully led an offshore finance and accounting team based in Bangalore for an MNC headquartered in the United States. Throughout his career, he has held leadership positions such as Senior Director at Cognizant Technologies Ltd. and Chief Financial Officer at Advanced Micronic Devices Ltd. Prof. Mahtani's professional journey highlights valuable experience working across multiple countries, including India, Singapore, Malaysia, and Nigeria.

Professional Education

• PhD - Management: University of Petroleum and Energy Studies (UPES) India, 2020
• CPA - Qualified from AICPA – USA, 2009
• ACMA - Qualified Associate Member of Chartered Institute of Management Accountants (CIMA) U.K., 1996
• PGDM (MBA) 1983-85: Indian Institute of Management (IIM) Bangalore India 1985
• B.E. - Bombay University India, 1981

Courses Taught

Finance, Accounting, General Management

Research Interests

Accounting, Fraudulent Practises in Finance/Accounting, ESG

Selected Publications

• Mahtani, U. S. (2018). Analysis of Related Party Transactions in India: A Group and Non-Group Company Perspective. Corporate Ownership and Control, 15(2), 1.
• Mahtani, U. S., & Garg, C. P. (2018). An analysis of key factors of financial distress in airline companies in India using fuzzy AHP framework. Transportation Research Part A: Policy and Practice, 117, 87-102. (A* in ABDC, SCI Indexed Impact Factor 3.04, Scopus indexed).
• Mahtani, U. S. (2019). Related party transactions in India and their impact on reported earnings. The Journal of Developing Areas, 53(1).
• Mahtani, U. S., & Garg, C. P. (2020). An analysis of factors affecting financial distress of airline companies: case of India. International Journal of Business Excellence, 20(1), 130-148. Scopus Index
• Mahtani, U. (2022). Fraudulent Practices and Blockchain Accounting Systems. Journal of Accounting, Ethics and Public Policy, 23(1), 97-148.
• Mahtani, U. S. (2022). Financial Distress Assessment Using Related Party Transactions. Indian Journal of Corporate Governance, 15(1), 5-25. Scopus index
• Mahtani, U., Amarnani, A. N., & Sukhathankar, V. (2023). Goa Institute of Management: campus water sustainability projects. Emerald Emerging Markets Case Studies, 13(1), 1-26.
• Mahtani, Umesh., Anamika Sinha, Setu Harnavur (2023). Factors influencing financial reporting fraud under regulatory controls in the Indian context: Behavioral theory perspective. Presented at the EURAM conference held in Dublin-Ireland on 16th June 2023.

Research Supervisor to

• Bharath Chandra V N
• Sneha Ramachandran