• International Finance: Policy, Regulation, and Transactions - Harvard Law School Executive Education, Harvard University.
• Leading Change and Organizational Renewal-Harvard Business School
• WTO Regulations, Multilateral Trade Agreements, Regional Trade Agreements, TRIPS, IPR from WTO Learning Centre, WTO Geneva.
• PhD, UGC-Net, MBA (Finance).

• International Finance, Corporate Finance & Global Value Chain
• Trade , Investments and Alternate Investments
• Mergers & Acquisition, Private Equity, Leveraged Buyouts
• Valuation and Financial Modelling

Academic and Professional Profile

• As Professor and Head of the Finance Department at IIFT, associated with the Institute for nearly 19 years, with an overall professional experience of 28 years.
• Held several key academic and administrative leadership positions, including Head Publications-Journals-IIFT, HoD- Department of Finance, Ex-Head-International Collaborations and Capacity Development (ICCD), Ex-Head- Graduate Studies in Management Division (GSMD), Director -IQAC
• Continue to serve/have served as a Member of IIFT-Board, Finance Committee, Academic Council, and Board of Studies at IIFT.
• Contributions focused on institutional transformation and global outreach. Key milestones include:
  • Spearheading IIFT’s advancement in NIRF rankings (from 27th to 15th in 2024).
  • Developing collaborative MoUs with globally renowned, triple-crown accredited institutions spanning Europe, Russia, USA, Korea etc
  • Strengthening student exchange programs and international academic partnerships.
  • Revamping IIFT -Journals
  • Launched the New IIFT–IBMR (International Business Management Review) journal with Sage
  • Launched IIFT Focus WTO online
  • Leading critical divisions across Academics, Accreditations, Ranking and Strategic Initiatives.
  • Chairing MBA programs (International business), Executive Education, and International Programs.
  • Authoring 7 books with International Publishers, published 75+ International Research Papers, 10+ business cases, and Guided 15+ IIFT-PhD scholars.

International Academic Engagements

• Conducted a Faculty Development Program for professors at Audencia Business School, France in cordination with Harvard Publsihing.
• Serving as an official AACSB-appointed mentor, Member AACSB, AIU, AIB, NAAC, NBA.
• Delivered keynote addresses, participated, and chaired sessions at Several global conferences such as:
  • EUMASS, Dubai.
  • AACSB Asia-Pacific Conference, Osaka, Japan (attended by 225+ deans, associate deans, and faculty).
  • AACSB Conferences like Bangkok, Thailand, Singapore etc.
  • International Conference on Management, Economics, and Accounting, Tanjungpura University, Indonesia.
  • Academic exchange with VIISAS, Vietnam Academy of Social Sciences, Hanoi.
  • GSEM Round Table on “Internationalization of Research in a Business School,” Ural Federal University, Russia.
• Taught international cohorts at the Institute of Finance Management, Tanzania (2007–2022), VIISAS,CLMV(Cambodia, Laos, Myanmar, Vietnam) etc
• Conducted specialized programs for CLMV countries (Cambodia, Laos, Myanmar, Vietnam) under IIFT’s executive programs.
• Resource at the APEC School on Shipping & Logistics, Antwerp, Belgium.
• Participated in the UKIERI Europe Program, involving academic exchange with City College Norwich, London Business School, LSE, East Anglia University, and major UK financial institutions.

Membership in Academic Bodies

• Member, UGC NAAC (National Assessment and Accreditation Council).
• Member, NBA (National Board of Accreditation-AICTE).
• Member, AACSB International, USA.
• Member AIB (Academy of International Business) USA
• Member, AIU Equivalence Committee for FPM programs.
• Member  several AICTE committees on higher education.

Awards and Recognitions

• Global Emerald Literati Award (2019) for outstanding research.
• Global Top Cited Paper Award (2023) by Wiley Journals.
• Best Teacher Award at IIFT, New Delhi.

Books Published

• Mergers & Acquisitions: Valuation, leveraged buyouts and financing, Third edition, ISBN:  978-9370607897, Wiley India Pvt. Ltd, 2017, reprint 2025
• Financial Valuation and Modelling, ISBN: 9789354246036, Wiley India, 2021
• Mergers & Acquisitions: Valuation, leveraged buyouts and financing, Second edition, ISBN: 978-81-265-6825-3, 978-81-2658370-6, Wiley India Pvt. Ltd, 2017, reprint 2023
• Financial Management W/Cd, ISBN: 8126554762, 9788126554768, Wiley India Pvt. Ltd, 2015, reprint 2023
• Fundamental of Financial Management, ISBN: 9332514046, 9789332514041, Pearson Education, 2013
• Financial Management: For CCS University, ISBN: 9332509573, 9789332509573, Pearson Education, 2012
• Financial Management: For Anna University, ISBN: 9332509565, 9789332509566, Pearson Education, 2012
• Financial Management: For VTU, ISBN: 8131767795, 9788131767795, Pearson Education, 2011

Proceedings Published as Books

• Dhingra K., Kapil S. (2021) Impact of Macroeconomic Variables on Stock Market—An Empirical Study. In: Lakhanpal P., Mukherjee J., Nag B., Tuteja D. (eds) Trade, Investment and Economic Growth. Springer, Singapore. https://doi.org/10.1007/978-981-33-6973-3_12
• Supply Chain Management for Competitiveness, Macmillan Advance Research Series, ISBN: 0230-63657-8, 978-0230-63657-6, 2009
• Business & Competitive Dynamics, Survival & Growth Strategies, Macmillan Advance Research Series, ISBN: 978-0230-63515-9, 2008
• Reshaping Business, analysis & solution, Macmillan Advance Research Series, ISBN: 978-0230-63826-6, 2009
• Managing in Recovering Markets, Chapter title: The Role of Technological Innovation in Managing Through Business Cycles: A Study on Indian ICT Firms, Springer, pp 427-439, ISBN: 978-81-322-1979-8, 10.1007/978-81-322-1979-8, 2015

Research Papers

• Kapil, Sheeba and Jasmeet Kaur. “Women in Boardrooms and Firm Performance: A Review of the Recent Trends, Global Scenario, and Way Forward.” Journal of Commerce and Accounting Research (2025), Vol 14, issue 1, p 15-35.
• Kapil, Sheeba and Jasmeet Kaur. “Mapping the Scholarly Landscape of Firm Ownership and Performance: A Bibliometric Exploration.” Orissa Journal of Commerce, Vol. 45, Issue 3, July-September 2024
• Kumar, S., & Kapil, S. (2024). Does Female on Board Affect M&A Participating Firms’ Performance? Empirical Evidence from India Using Dynamic Panel Data Analysis. The Indian Economic Journal
• Sheeba kapil, Gender Diversity, Firm Performance, and ESG: Evidence from Indian M&A participating firms.” With the International Journal of Business and Economics Feng Chia university. 
• Rawal, V., & Kapil, S. (2023). Selection determinants and value creation in private equity investment: a systematic literature review. Journal of Indian Business Research, 15(4), 493-514. 
• Dr.Sheeba Kapil, Vrinda Rawal (2023) Sustainable investment and environmental, social, and governance investing: A bibliometric and systematic literature review, Business Ethics, The Environment & Responsibility
• Kapil, S., & Kumar, S. (2023) Unveiling the Relationship Between the Ownership Structure and Sustainability Performance: Evidence From Indian M & A Participating Firms. Journal of Cleaner Production
• Kapil, S., & Kumar, S. (2023) Firm Performance Measures of Acquires: Evidence from NSE Listed M & A Participating Firms. Corporate Governance and Sustainability Review (2023),
• Kapil, S., & Rawal, V. (2022). Systematic Literature Review of Private Equity Determinants: Status, Evidence and Open Issues. Vision: The Journal of Business Perspective: Sage Publications, https://doi.org/10.1177/09722629221130839
• Ghosh, A. & Kapil, S. (2022). Is Altman’s Model Efficient in Predicting Bankruptcy? – A Comparison among the Altman Z-score, DEA, and ANN Models. Journal of Information & Optimization Sciences. Taylor & Francis, 43(6), pp.1191-1207
• Kapil, S. & Ghosh, A. (2022). Predicting Bankruptcy of Selected Indian Steel Companies - A Multinomial Regression Approach. Academy of Accounting and Financial Studies Journal, 26(5), pp. 1-14.  
• Kapil, S., & Barick, Gaurav. (2022). Determinants Influencing Acquisition of Target Firms and their Post-Acquisition Performance in Post-Global Crisis India. International Journal of Business and Economics. 66(3-4), pp. 27-45
• Kapil, S., & Barick, Gaurav. (2022). Startup Valuation Determinants: Examining the Economic Value of German Startups from a Strategic Theory Perspective. IUP Journal of Applied Economics, 21(2)
• Kapil, S., & Dhingra, P. K. (2022). What Drives the Global Outward Mergers & Acquisitions? Empirical Analysis on Indian Outbound Deals. International Journal of Business and Economics, 7(1),     pp.53-65,
• Kapil, S., & Kumar, S. (2022). M & A Activities Impacting the Performance Measures of the Acquiring Firms: Evidence from Indian Listed Firms. Artha- Vikas, 58(1),                       
• Kapil, S., & Dhingra, K. (2021). Understanding Determinants of Domestic Mergers and Acquisitions through Literature Review. Indian Journal of Finance and Banking, 6(1), 31-57. https://doi.org/10.46281/ijfb.v6i1.1198
• Dhingra, K., & Kapil, S. (2021). Impact of Macroeconomic Variables on Stock Market—An Empirical Study. Trade, Investment and Economic Growth: Issues for India and Emerging Economies, 177. https://doi.org/10.1007/978-981-33-6973-3_12
• Test Engineering & Management Journal, Volume 82, pp: 5819 – 5831 on “Mergers & Acquisitions in Pharmaceutical Industry, A Challenge in VUCA World” in January-February 2020 with ISSN: 0193 – 4120.
• Kapil, S., & Barick, G. (2020). Prediction of Inbound & Domestic Takeover Candidates from Indian Market-Pre and Post Global Crisis. International Journal of Business and Economics, 5(1), 22-48. http://doi.org/10.5281/zenodo.3780400
• Kapil, S., & Agarwal, S. (2019). Assessing Bankruptcy of Indian Listed Firms Using Bankruptcy Models, Decision Tree and Neural Network. International Journal of Business and Economics, 4(1). https://ijbe.ielas.org/index.php/ijbe/article/view/64
• Kapil, S., & Gupta, J. (2019). Performance Characteristics of Hedge Fund Indices. Theoretical Economics Letters, 9(06), 2176. 10.4236/tel.2019.96138
• Kapil, S. (2019). Flipped Classroom for Finance Students: Participative Learning and Flexible Assessment. Theoretical Economics Letters, 9(08), 2771. 10.4236/tel.2019.98174
• Kapil, S., & Mishra, R. (2019). Corporate Governance and Firm Performance in Emerging Markets: Evidence from India. Theoretical Economics Letters, 9(6), 2033-2069. 10.4236/tel.2019.96129
• Kapil, S., & Barick, G. (2018). How to Enter into Indian Market? From Inbound & Domestic Acquisitions Perspective: A Review. International Journal of Economic Research, 15(3), 633-645.
• Kapil, S., & Barick, G. (2018). Analysis of control change effects on Indian economy- from inbound and domestic acquisition perspective: A review. Indian Journal of Economics and Business, 17(2). http://www.ashwinanokha.com/ijeb-vol-17-no-2-2019.php
• Kapil, S., & Barick, G. (2018). Post-acquisition Performance Analysis of Indian Target Firms: The Role of Deal Characteristics. The Indian Economic Journal, 66(3-4), 250-269. https://doi.org/10.1177/0019466220938042
• FDI and trade in Vietnam, Indian Journal of Economics and Business, Volume 16, Issue 2, 2017
• Barick, G., & Kapil, S. (2018). Pre-Acquisition Performance Analysis of Indian Target Firms. IUP Journal of Applied Economics, 17(1).
• Mishra, R. K., & Kapil, S. (2018). Effect of board characteristics on firm value: evidence from India. South Asian Journal of Business Studies. https://doi.org/10.1108/SAJBS-08-2016-0073
• Mishra, R. K., & Kapil, S. (2018). Board characteristics and firm value for Indian companies. Journal of Indian Business Research. https://doi.org/10.1108/JIBR-07-2016-0074
• Mishra, R. K., & Kapil, S. (2017). Effect of ownership structure and board structure on firm value: evidence from India. Corporate Governance: The International Journal of Business in Society. https://doi.org/10.1108/CG-03-2016-0059
• Mishra, R. K., & Kapil, S. (2017). Study on theories and mechanisms of corporate governance. International Journal of Accounting, Auditing and Performance Evaluation, 13(1), 1-41. https://doi.org/10.1504/IJAAPE.2017.081801
• Relationship between FDI inflows and foreign trade in Vietnam, Pragyan, Volume 15, Issue 2, July-Dec 2017
• Mishra, R. K., & Kapil, S. (2016). Study on corporate governance mechanisms. International Journal of Indian Culture and Business Management, 12(2), 179-203. https://doi.org/10.1504/IJICBM.2016.074480
• Hedge fund indices: performance and co movement. Asian Journal of Research in Banking and Finance, Indianjournals.com, Vol. 6, No. 9, pp.30-52, 2016
• Das, A., & Kapil, S. (2015). The Role of Technological Innovation in Managing Through Business Cycles: A Study on Indian ICT Firms. In Managing in Recovering Markets (pp. 427-439). Springer, New Delhi. https://doi.org/10.1007/978-81-322-1979-8_34
• Das, A., & Kapil, S. (2015). Inorganic growth of technology sector firms in emerging markets: Influence of firm-specific factors in Indian firms’ M&A activities. International Journal of Emerging Markets. https://doi.org/10.1108/IJOEM-06-2012-0057
• Rathee, S., & Kapil, S. (2015). AN INVESTIGATION INTO RECENT TRENDS AND CHALLENGES OF ACCOUNTING 'CLIMATE INSTRUMENTS'. Journal of Services Research, 15(1). http://jsr.vedatya.ac.in/vo15no1.htm
• Rathee, S., & Kapil, S. (2013). Climate Change: A Paradigm Shift for Investments? A Review of Evidence under Climate Science Research. Journal of Technology Management for Growing Economies, 4(1), 49-68. https://doi.org/10.15415/jtmge.2013.41002
• Das, A., & Kapil, S. (2012). Explaining M&A performance: a review of empirical research. Journal of Strategy and Management. https://doi.org/10.1108/17554251211247580
• Das, A., & Kapil, S. (2011). Analysis of cross-border and domestic M&A deals in technology sector in India and China. Transnational Corporations Review, 3(2), 148-163. https://doi.org/10.1080/19186444.2011.11658290
• Gahlot, R., Datta, S. K., & Kapil, S. (2010). Impact of derivative trading on stock market volatility in India: A study of S&P CNX Nifty. Eurasian Journal of Business and Economics, 3(6), 139-149. https://www.ejbe.org/index.php/EJBE/article/view/45
• Kapil, K., & Kapil, S. (2010). Antecedents of brand loyalty: an empirical study in mobile telecom sector. International Journal of Indian Culture and Business Management, 3(1), 1-22. https://doi.org/10.1504/IJICBM.2010.029526
• Kapil, S., & Kapil, K. (2010). Commodity trading advisors (CTAs) for the Indian commodity market. International Journal of Emerging Markets. https://doi.org/10.1108/17468801011031784

Paper Presentations

• Explaining Acquisition Performance in Emerging Market Firms: A Structural Equation Modeling Approach, MDI Gurgaon: International Conference on Emerging Themes in Strategy, February 25-26, 2017
• Effect of stakeholder management on firm value: evidence from Indian companies, National Conference on “Strengthening Values & Ethics for Sustainable Growth: Role of Indian Philosophical Traditions,” September 22-23, 2016
• Corporate governance structure and firm valuation in Indian context, 2nd Annual Conference at Bentley University, Waltham, Massachusetts, USA, October 1-2, 2016
• The Role of Technological Innovation in Managing Through Business Cycles: A Study on Indian ICT Firms, MDI, Gurgaon, 2015
• Need For CTAs and CPOs in the Commodity Market post Financial Crisis, International Conference on Business Economics, Management and Marketing in France, June 24-26, 2009
• Quality assurance and accreditation for B-Schools, COSMODE Hyderabad, AIMS, AMDISA, University of Hyderabad, February 28th & 29th, 2008
• Measuring the need, relevance and efficiency of commodity trading advisors in India, National Workshop on Commodity Research, 10th October 2007
• National Conference On Strategic Imperatives For Indian Corporations, The Technology Institute Of Textile & Science – BITS, Bhiwani, ‘Assessment Of Strategic Imperatives In Banking Industry’, February 14-15, 2004
• Paper Accepted For Presentation In National Seminar For Financial Services: Opportunities & Challenges, November 30th-2nd December 2006 (Organized By School Of Management Studies, University Of Hyderabad). The Paper Titled “Non-Fungibility Of Metal Accounting
• International Conference On Business & Finance, Philadelphia University USA & ICFAI Hyderabad, ‘Off-Site Surveillance For Assessing Performance Of Indian Banking Sector (based on CAMEL model)’, December 15-16, 2003
• International Conference On Business & Finance, Philadelphia University USA & ICFAI Hyderabad, ‘Bank Examination & Its Correlation To Pricing Of Bank Stocks- An Analysis Of Indian Banks’, December 27th & 28th December 2004

Cases Published

• Google plays with Motorola: buy side and sell side. (January, 2017) The Case Centre- UK
• Google’s growth model through inorganic extensions. (February, 2017) The Case Centre- UK
• M&M goes cherrypicking, a case of Ssangyong acquisition. (July, 2015) The Case Centre- UK
• Fall of the Giant: Bear Stearns. (July, 2012) The Case Centre- UK
• Tata’s Acquisition of Corus: A Giant Leap Ahead. (July, 2011) The Case Centre- UK
• Satyam: the Story of Truth. (July, 2009) The Case Centre- UK
• Brand Mahatma: From Ghandhi to Ghandigiri. (July, 2009) The Case Centre- UK
• The Citi group: role of financial innovation. (December, 2009) The Case Centre- UK

Expert for PhD Thesis Evaluation

Expert for Evaluation of PhD, Thesis evaluation committee at: Delhi School of Management, Delhi Technological University, IIT Kharagpur, IIT Delhi, IIT Mumbai, Raipur University & MNIIT Allahabad