Aditya Institute of Management Studies and Research

Linguistic Minority Institute (Hindi)

Faculty

Dr. Sonali Kale

Associate Professor, HOD – Finance
Qualification: Ph.D., M.Phil., M.B.A. (Finance), M.Com., B.Com.
Experience: (Industry/Academic): 23 years (Academic)
Subjects and Specialization:
  • Commercial Banking
  • Financial Management
  • Financial Accounting
  • Cost & Management Accounting
  • Analysis of Financial Statements
  • Financial Markets and Institutions
  • Banking and Financial Services Institutions
  • Cost & Management Accounting
  • Advanced Financial Management
Teaching Philosophy

Focus on conceptual clarity, industry exposure, experiential learning through mentor-mentee programs, remedial sessions, book/article reviews, industrial visits, and overall student development.

Professional Membership
  • Member, Indian Accounting Association
Research
Journal Publication
  • 2 Scopus-indexed papers
    • OTT Platform: Pros, Cons, Challenges in India – Journal of Data Acquisition and Processing
    • A Study on Money Laundering in India Context as Economic Crime – Journal of Critical Reviews
  • 11 papers in UGC Care journals
    • A Study of Financial Literacy Amongst College Going Students in Mumbai City – K.R. Cama Oriental Institute
    • Exploring the Influence of Artificial Intelligence on Financial Decision Making – National Institute of Urban Affairs
    • A Study of Benefits of Various Government-Backed Retirement Investment Schemes – K.R. Cama Oriental Institute
    • Personal Financial Literacy Using Credit Cards and Liquid Mutual Funds – Rabindra Bharati Journal of Philosophy
    • Microfinance in India: Empowering the Rural Poor – Rabindra Bharati Journal of Philosophy
    • The Role of Digital India in Expanding Financial Inclusion – Anvesak
    • Prospects of FASTag in India – Journal of the Asiatic Society of Mumbai
    • Customer’s Preferences Towards the Insurance Sector in India – SAMRIDDHI
    • Price Development of the Top 100 Cryptocurrencies – Phalanx
    • A Study on Online Payment Solutions in Mumbai – Juni Khyat
    • A Study on Approach of Working Women Towards Work-Life Balance – Juni Khyat
  • 15 papers in peer-reviewed/indexed journals
Conference Participation
  • Papers presented in 6+ international and national conferences (2020–2025)
Book Chapters
  • Authored a case study in Indian Management Teaching Cases: A Compendium, Imperial Publications, ISBN: 978-93-91044-94-7.
Book Publication
  • 4 books published
    • Environmental Awareness, Success Publication, ISBN: 978-81-978148-4-6.
    • Financial Institutions and Banking, Gaurang Publishing Globalize Pvt. Ltd, 2023, ISBN: 978-93-93789-30-3.
    • Advance Financial Management, SAN Intranational Scientific Publications, April 2024, ISBN: 978-81-971828-9-1, DOI: https://doi.org/10.59646/afm/166.
    • Management Accounting Basics, REST Publisher, ISBN: 978-81-972811-4-3.
  • 2 patents published:
    • CSR Disclosure and Firm Value
    • Fiscal Policy and Economic Stability
Development Programme
Faculty Development Programme (FDP)
  • 6+ FDPs attended (AICTE, UGC, MHRD – 2020–2022)
  • Topics: Case writing, research paper writing, stress management, data analytics
Management Development Programme (MDP)
  • Attended management development programs on effective training, business innovation, table etiquettes, etc.
Guest Speaker & Resource Person
  • Conducted sessions in various institutes (MIMR, YTSBM, etc.) on finance subjects
  • Session facilitator for book/article reviews, mentor-mentee sessions, industrial visits
Awards & Recognitions
  • Best Teacher Award – YTSBM, Karjat
  • Certificates of Appreciation: Episteme 2020, Kibbutz 2013, CSR 2011
Member of Board of Studies (BoS)
  • External Referee – DY Patil University, CSM University. SPPU
  • Contributed to BOS as per new NEP Finance for syllabus designing in University of Mumbai
  • Contributed to paper setting Treasury Management, University of Mumbai
Any other
  • Editor of Shodhaditya 2024 – Journal for International Conference
  • Organized and hosted multiple conferences (Editor-Episteme 2020, AI conference 2025)
  • Active in social, cultural, and CSR programs
  • Expertise in case study writing and mentoring research scholars
  • Guest Lectures for finance subjects across multiple institutes
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