IIM Jammu IFAC-2023: “Reimagining Finance, Accounting, and Banking in A World Under  Reset” closes on a grand note

IIM Jammu IFAC-2023: “Reimagining Finance, Accounting, and Banking in A World Under Reset” closes on a grand note


The International Finance and Accounting Conference (IFAC-2023) on the theme,  “Reimagining Finance, Accounting, and Banking in A World Under Reset” organized by the Indian  Institute of Management (IIM) Jammu and the Institute of Chartered Accountants of India (ICAI), concluded on a  grand note after two days of insightful discussions and networking opportunities. The event was graced by  esteemed dignitaries and led by the visionary Prof. B.S. Sahay, underscored IIM Jammu's remarkable  contributions to the conference's resounding success. The two-day conference concluded with a grand closing  ceremony that exemplified the essence of knowledge sharing, collaboration, and academic excellence.  

The event commenced with a warm welcome address by Dr. Praveen Kumar, Conference Chair at IIM Jammu,  who extended heartfelt gratitude to all the distinguished dignitaries and enthusiastic participants, creating an  atmosphere of appreciation and camaraderie. 

Prof. Jabir Ali, Dean of Academics, IIM Jammu, took the podium to share his profound insights. He emphasized  that conferences are not only venues for the dissemination of information but also for reimagining and embracing  change. He further reinforced the significance of remaining receptive to novel concepts, emphasizing that the  academic community must continuously discover and adopt new paradigms. He highlighted the value of  assistance and collaboration, urging scholars to seek assistance from their peers without hesitation. He urged  participants to maintain a robust research pipeline, foster social capital, and facilitate faster growth and  collaboration. 

Prof. B.S Sahay, Director, IIM Jammu, captivated the audience with interesting anecdotes from his own life and  academic journey. He emphasized the vital role that participants play in the success of conferences and the  importance of integrating theory and practice in education. He in his address underscored the importance of  passion in teaching and the need for educators to be fully engaged with their work on mental, emotional, and  physical levels. He also encouraged participants to share their personal experiences. 

Industry professionals and academics alike expressed gratitude for the conference's valuable networking  opportunities and thanked IIM Jammu for their support throughout the event's two-day duration. 

Dr. Ashish Kumar, Co-Chair, IIM Jammu, presented the Conference report and Best Paper Award. He also  unveiled the eagerly awaited dates for “IFAC 2024” and disclosed the theme of the forthcoming conference,  building anticipation for the next conference. 

Concluding the remarkable two-day conference, Dr. Harsha Jariwala, Co-Chair, IIM Jammu delivered the Vote  of Thanks. She expressed her deep appreciation to Prof. B.S Sahay for his unwavering support, Prof. Jabir Ali  for his intellectual contributions, the global panel of panel judges for their invaluable assessment, and the  dedicated faculty and participants. She eagerly anticipated the reunion of this vibrant academic community at  next year's conference. Present on the occasion were Dr. Rambalak Yadav, Chairperson, Research, IIM Jammu.

The second day included engaging sessions by Dr. Harsha Jariwala ( IIM Jammu), Dr. Mosab I Tabash (Al Ain  University, UAE), Dr. Ashish Kumar ( IIM Jammu), Dr. Satish Chandra Tiwari (ICFAI Business School,  Hyderabad), Dr. Pranith Kumar Roy (IIM Raipur), Dr. Nenavath Sreenu (Maulana Azad National Institute of  Technology, Bhopal), Dr. Harish Singla (NICMAR, University, Pune), Dr Pankaj Agrwal (XLRI), Dr. Eshika  Aggarwal (IIM Jammu), Dr. Arunava Bandyopadhyay (IMI, Kolkata), Dr. Pooja Kumari (IIM Visakhapatnam), Dr.  Sarbjit Singh (IIM Jammu), Dr Manu Bansal (IIM Jammu). 

Out of over 600 submissions received, a notable 500 were selected for presentation across five prominent  themes encompassing finance & economics, accounting & banking, fintech, financial literacy & inclusion, and  related fields. Among these, 100 papers were presented in offline mode at the IIM Jammu campus, while 400  papers were presented online. The conference featured an impressive 47 tracks, attracting a robust participation  of 650 delegates. This included 120 participants who engaged in the pre-conference workshop, further enhancing  the depth of knowledge exchange. The valedictory program was convened on the second day following the  successful completion of all presentations. 

The IFAC-2023 valedictory session encapsulated the spirit of academic growth, collaboration, and transformation  that defines IIM Jammu's commitment to excellence in finance and accounting education.

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