Faculty Details

Devesh  Baid

Finance & Economics
Associate Professor
Type of association

Devesh  Baid

  •  Ph.D.: School of Management, IIT Bombay.
  •  CMA: Institute of Cost Accountants of India.
  •  C.A (Inter): Institute of Chartered Accountants of India.
  •  FDP (16 Weeks): Indian Institute of Management, Ahmedabad.
  •  SLET: State Level Eligibility Test for Lectureship
  •  M.Com: M.D.S. University, Ajmer
  •  B.Com (H): Shri Ram College of Commerce, Delhi University.

Devesh  Baid



Regular Position

  •  Jan 2014 to May 2017, Self Employed as Management Consultant and Visiting Faculty (During this period worked on thesis work for grant of PhD, School of Management, IIT Bombay)
  •  May 2007 to Dec 2013, Assistant Professor, Institute of Management, Nirma University, Ahmedabad, Gujarat.
  •  July 2004 to March 2007, Lecturer, Som Lalit Institute of Business Management, Ahmedabad, Gujarat.
  •  May 2003 to June 2004, Trainee Academic Associate, Indian Institute of Management, Ahmedabad, Gujarat.
  •  July 2001 to April 2003, Lecturer, Shri Jain P.G. College, Bikaner, Rajasthan.


Visiting Faculty

  •  Adani Institute of Infrastructure Management, Ahmedabad, 2015-2016 to 2016-17
  •  Masters of Fashion Technology, National Institute of Fashion Technology, Ministry of Textiles, Govt. of India, Gandhinagar, 2014-2015 to 2016-2017.
  •  Amrut Mody School of Management, Ahmedabad University, Ahmedabad, 2015-2016
  •  School of Petroleum Management, Pandit Dindayal Petroleum University, Gandhinagar, 2015-2016.
  •  National Institute of Agricultural Marketing, Ministry of Agriculture, Govt. of India, Jaipur, 2009-2010 to 2015-2016.
  •  Entrepreneurship Development Institute of India, Gandhinagar, 2014-2015.
  •  Institute of Cost Accountants of India, Ahmedabad Chapter 2011-2012 to 2012-2013.
  •  Institute of Management, Nirma University, Ahmedabad, 2006 – 2007
  •  Institute of Hotel Management, Catering and Nutrition, Ahmedabad, 2003-2004.
  •  New L.J. Commerce College, Ahmedabad, 2003-2004



  •  August 1999 to April 2003, Purchase and Accounts, Rajasthan Drug Agency, Bikaner, Rajasthan. (Family business of wholesale drugs, devoted app. two hours daily).
  •  August 1998 to August 1999, Purchase Executive, ISIBARS Ltd, Mumbai.
  •  August 1995 to March 1998, Commercial College Cooperative Bank Limited, Shri Ram College of Commerce (SRCC), Delhi University (Started as student trainee, promoted to manager in third year of graduation).


Devesh  Baid


Dr. Devesh Baid is an Associate Professor in area of Accounting and Finance at International Management Institute (IMI), Bhubaneshwar. He builds on four pillars of teaching, consulting, research and training. He is into management education and consulting for SME’s for more than a decade. He writes and uses management cases for teaching. His expertise is in the areas of costing, corporate financing, fund raising, and management controls and performance management. Dr. Devesh has conducted MDP’s for both private and public sector companies. He has also organized many Excel and SPSS workshops for faculties, research scholars and students. He has been holding several administrative positions since last one and a half decade.

Devesh  Baid

Research and Publications:

  • A. Publications

    1. Devesh Baid (2021), "A Study of MCS, Teachers Satisfaction, Stress and Participative Decision Making", Finance India, ISSN No – 0970-3772, Vol XXXV, No 3, September 2021. (ABDC – C Category, Scopus Indexed).
    2. Devesh Baid & Aswini Kumar (2020), “Chairman’s Letter: Does it Communicate Something”, Indian Journal of Finance, Indian Journal of Finance, ISSN No – 0973-8711, Vol 14, No 1, January 2020. (ABDC – C Category, Scopus Indexed).
    3. Devesh Baid (2018), “Achieving Education for All – A Thought”. Journal of Indian Education, National Council of Education, Research and Training (NCERT), ISSN No – 03770435, XLIII, No 4, February 2018. (UGC List)
    4. Devesh Baid (2017), “A Study of Management Control Systems and School Performance”. Metamorphosis (IIM Lucknow), ISSN No – 09726225, Sage Publication, Vol 16, No 2, December 2017, pg. 92-106. (UGC List)
    5. Devesh Baid and S.V.D. Nageswara Rao (2017), “Management Control of Teachers – Scale Development and Validation”, Global Business Review, ISSN No – 09721509, Sage Publication, Vol 18, No 3, May-June 2017, pg. 719-733 (ABDC – C Category, Scopus Indexed).
    6. Devesh Baid and S.V.D. Nageswara Rao (2017), “Management Control of Students – Scale Development and Validation”. Indore Management Journal (IIM Indore), ISSN No – 09751653, Vol 9, No 1, June 2017, pg. 79-90. (UGC List).
    7. Devesh Baid (2016), “Thesis Abstract: A Study of Management Control Systems, School Performance, and Participative Decision Making”, Journal of Education Planning and Administration (NUEPA), ISSN No – 09713859, Vol. XXX, No. 4, October 2016, pg. 339-343. (UGC List)

    Case Studies
    8. Devesh Baid (2018), “Setting Up a Green House – A Case on Investment Decision”. Business Perspective (Birla Institute of Management Technology), ISSN No – 0972-7612, Listed in ULRICHWEB managed by ProQuest, Vol 17, No 1, January - June 2018, pg. 60-64.
    9. Devesh Baid (2017), “Kissan Savera – Tapping Growth Opportunities in Organic Fertilizers Business”, BVIMSR’s Journal of Management Research, ISSN No - 09764379, Listed in EBSCO and ProQuest), Volume 9, No 2, October 2017, pg. 207 -209. (UGC List)
    10. Devesh Baid (2017), “A Note on Non-Conventional Sources of Financing”. The Management Accountant (Institute of Cost Accountants of India), ISSN No – 09723528, Vol 52, No 9, September 2017, pg. 69-74. (UGC List)
    11. Devesh Baid (2017), “Indian Crafts: Multiple Product Break Even Analysis” Metamorphosis (IIM Lucknow), ISSN No – 09726225, Sage Publication, Vol 16, No 1, June 2017, pg. 66-71. (UGC List)
    12. Devesh Baid (2017), “Smiling Firm: Investment under Uncertainty” Journal of Management and Entrepreneurship (Zavier Institute of Management and Entrepreneurship, Bengaluru, ISSN No – 22295348, Vol 11, No 1, March 2017, pg. – 81-92.
    13. Devesh Baid, Binod Shah and Vithal Suthankar (2008), “Internet Banking at Bank D Goa”, 29th Faculty Development Programme in Management, IIMA. Published in a Monograph by IIMA.
    14. Devesh Baid, Mehta S, Adabar K and Arora K (2007), “Doctor Saves the Day at Kalupur Commercial Cooperative Bank”, National Case Writing Workshop, Institute of Management, Nirma University, June 2007. Registered with ECCH in 2008 with case no 308-200-1.

    Book Chapters
    1. Devesh Baid, Comparison of Management Control Frameworks for Modern Day Organizations, Comparative Developments of India and China: Economic, Technological, Sectoral and Socio-Cultural Insights, Sage Publications.
    2. Devesh Baid, Entrepreneurial Journey of Bastav Das – A Case Study, Entrepreneurship and Regional Developments: Analysing Growth Models in Emerging Markets, by Palgrave Macmillan, US .
    3. Devesh Baid, Valuation of MASS Shoe Last Limited, Conference Anthology entitled “Managing Disruptions in Business: Causes, Conflicts, and Control” to be published by Palgrave Macmillan, NY, US. (Accepted – Publication 2021)
    4. Chandresh Baid & Devesh Baid, Framework for Crowdfunding Adoption across Countries, Conference Anthology entitled “Managing Disruptions in Business: Causes, Conflicts, and Control” to be published by Palgrave Macmillan, NY, US. (Accepted – Publication 2021)


Devesh  Baid


1. Devesh Baid & Aswini Kumar (2019), “Study of Accounting Narratives: A Comparison of Chairman’s Letter between India and China” at The 8Th China India : Humanities, Economy and Peoples Welfare organized by Sichuan Academy of Social Sciences, Chengdu, China from 16th to 20th October 2019.

2. Devesh Baid (2006), “Calculating a Firms Cost of Capital”, Presented at 4th AIMS International Conference on Management, IIM Indore, 28th to 31st December 2006.