Dr. Viral Acharya, Deputy Governor, RBI, Chief Guest of 5th Graduation Day at the MYRA School of Business

Mysuru, India, 7th May 2018: Graduation Day is an essential rite of passage for both graduands and an institution. A celebration – to look back at the lessons learned and adventures shared, a farewell – to say goodbye to old friends and good times as a student; and a beginning – to set new goals and dream new dreams. MYRA School of Business – a boutique business school with a global perspective, will host Graduation of its 4th batch of PGDM and 5th batch of PGPX on 13 May 2018 at its campus at Mysore.

Nearly eighty MYRAcles from both batches of the graduating class will receive their degrees from the Chief Guest, Dr. Viral V. Acharya, Deputy Governor, Reserve Bank of India and C.V. Starr Professor of Economics at New York University Stern School of Business, USA.


This milestone event will be more memorable for MYRA and MYRAcles as it offers a golden opportunity to listen to an eminent economist and the Deputy Governor of Reserve Bank of India – Dr. Viral V. Acharya.

Dr. Viral V. Acharya:

Dr. Viral V. Acharya is currently the Deputy Governor of the Reserve Bank of India (RBI) and is looking after the Monetary Policy and Research cluster of the RBI. Dr. Acharya is the C.V. Starr Professor of Economics in the Department of Finance at New York University Stern School of Business (NYU-Stern). Currently he is on leave to serve as the Deputy Governor at the Reserve Bank of India for a three-year term. He also serves as a member of the advisory council of the RBI Academy and is a member of the Academic Council of the National Institute of Securities Markets (NISM), Securities and Exchange Board of India (SEBI) since 2014. He is a Fellow of the European Corporate Governance Institute (ECGI) since 2014 and Fellow of the Institute of Global Finance, University of New South Wales since 2013.

Dr. Acharya’s primary research interest is in the theoretical and empirical analysis of systemic risk of the financial sector, its regulation and its genesis in government-induced distortions, an inquiry that cuts across several other strands of research–credit risk and liquidity risk, their interactions and agency-theoretic foundations, as well as their general equilibrium consequences. Dr. Acharya also is the recipient of the inaugural Banque de France – Toulouse School of Economics Junior Prize in Monetary Economics and Finance, 2011, and recently the 2017 Alexandre Lamfalussy Senior Research Fellowship of the Bank for International Settlements (BIS).

Dr. Acharya completed Bachelor of Technology in Computer Science and Engineering from Indian Institute of Technology, Mumbai in 1995 and Ph.D. in Finance from NYU-Stern in 2001. Before joining Stern, he was at London Business School (2001-2008), headed the Coller Institute of Private Equity at LBS as Academic Director (2007-09) and was a Senior Houblon-Normal Research Fellow at the Bank of England (Summer 2008).

Dr. Acharya has authored many books (along with others) including – Guaranteed to Fail: Fannie Mae, Freddie Mac and the debacle of the mortgage finance (2011) and Restoring Financial Stability: How to Repair a Failed System (2009).

Dr. Acharya is also a composer and has an album ‘yaadon ke silsile’ in his name.

MYRA and MYRAcles:

This year’s graduating class at MYRA is a diverse cohort with students having work experience ranging from 0 – 13 years, undergraduate degree in commerce and business; to sciences and engineering, and represents 18 states in India with students from Karnataka and Andhra; to Rajasthan, Delhi, UP and West Bengal. The diversity is not limited to the student pool but is also reflected in the placements at the School, with students bagging offers from a wide range of industries and functions, with prominent names such as HDFC, UB Group, TATA, Mphasis, OYO and more hiring MYRA’s students.

“The best change I saw in me is that I became aware of what is happening in the world. MYRA always brought in eminent personalities from various industries that provided relevant industry insights,” says Nisha Solanki, a graduating student.

MYRA School of Business is redefining business education with its global partnerships, global faculty and focus on industry interaction. The School is a hot-spot for industry-academia discussions where experts and leaders from industry and academia engage with students regularly. Recent guests include Rajeev Krishnan, CEO of SPAR and MD of Landmark Group, Nagesh Rajanna, Ex-CEO of Bombay Dyeing, Iqbal Dhaliwal, Director JPAL, Massachusetts Institute of Technology, and Arjun Malhotra, Co-Founder of HCL to name a few. As the school prepares for the graduation of its next batch of business leaders, it is this undulating emphasis on quality and relevance that reflects.

Graduation Day Chief Guests from 2013-2018:

MYRA’s previous Graduation Day Chief Guests include Dr. Ramadhar Singh, Distinguished Professor, Indian Institute of Management, Bangalore; Mr. Ashok Mathur, Managing Director, Madura Coats & Regional Chief Executive, South Asia, Coats Plc.; Dr. Rishikesha T Krishnan, Director, Indian Institute of Management, Indore; Shri. R. Gopalakrishnan, Non-Executive Director, TATA Sons; Shri. Ranjan Mathai, Former Foreign Secretary, Government of India; Dr. M G Parameswaran, Founder, Brand-Building.com; Mr. Santosh Desai, MD and CEO, Futurebrands, author and columnist; and Dr. P Anandan, Vice President, Adobe Research.

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