Research Professor of Business
B.Tech. (IIT, Bombay);
Ph.D. (University of South California, Los Angeles)
Susan Thomas has studied at IIT Bombay and the University of Southern California. She has been faculty at the Indira Gandhi Institute for Development Research. Her research interests are in financial econometrics and market microstructure in India. Her engagement with markets includes designing the stock market index, real-time risk management system for the clearing corporation, the use of call auctions, analysing the growth of algorithmic trading on the quality of equity and commodities markets, the development of the zero coupon yield curve and the implications of the quality of land records on credit markets. She has had various policy engagements with the Ministry of Finance including being a member of the Standing Council of the competitiveness of the Indian Financial Sector (2013 onwards), and the Bankruptcy Legislative Reforms Committee (2014-2015). She led the research team that designed and drafted the Insolvency and Bankruptcy Code (2016) and worked with the Ministry of Corporate Affairs on the organisational structure of the Insolvency and Bankruptcy Board of India and the National Companies Law Tribunal.