Date: 27 Feb - 03 Mar, 2023
Venue: IIT Ropar

Faculty Member


Prof. Nikolai Leonenko

Professor of Mathematics,
Cardiff School of Mathematics,
Cardiff University U.K.

Prof. Nikolai Leonenko is the faculty of Cardiff School of Mathematics, Cardiff University U.K. His research interests include Stochastic Processes, Random Fields, Limit Theorems, Continuous Time Random Walks, Fractional Diffusion Modeling and Financial.

Faculty Member


Dr. Arun Kumar

Associate Professor
Indian Institute of Technology Ropar
Rupnagar, Punjab, INDIA

Dr. Arun Kumar is an Associate Professor at Indian Institute of Technology Ropar. His research interest is Subordinated Stochastic Processes, Time-Series Modeling and Financial Mathematics.


  • Module - 1: Exposing participants to fundamental of risky asset pricing.
  • Module - 2: To make them aware about different models that are used in risky asset pricing.
  • Module - 3: ls that are used in risky asset pricing.
  • Module - 4: To discuss the theoretical aspects of the risky asset models.
  • Module - 5: Introducing the risky asset models with long-range dependence which is often found in log-returns from financial time-series.

Mode of Registration

  • STEP – 1: One-time web-registration at GIAN portal (http://www.gian.iitkgp.ac.in/GREGN/index) through a non-refundable payment of Rs. 500/-(one-time). [A copy of enrolment form to be sent to course coordinator].The last date of enrolment is Feb 10th, 2023.
    Important Note*: [Download Excel Sheet] After paying the course registration fee, download and fill the excel sheet then send the same to the course coordinator email at: arun.kumar@iitrpr.ac.in.
  • STEP – 2: Course Registration The shortlisted candidates will be informed by email. They need to make full payment of the course registration fee.
    • either by NEFT (NAME IN BANK ACCOUNT: IIT Ropar Revenue Account;; Account no: 37360100716;; RTGS/IFSC Code of the Branch: SBIN0013181;; Bank: State Bank of India;; Branch Name: IIT Ropar Branch;; MICR CODE: 140002008).
    • or by sending a demand draft in favour of “Registrar, IIT Ropar” payable at Rupnagar-140001, Punjab before the last date of registration. Email the copy of demand draft and registration form to the course coordinator.
For any query, please email at: arun.kumar@iitrpr.ac.in.

Registration fees

Participants from abroad Industry/ Research Organizations Academic Institutions (Faculty) Academic Institutions (Students)
: US $500 Rs. 10,000/- Rs. 6,000/- Rs. 3,000/-

The fee include all instructional materials, computer use for tutorials and assignments, laboratory equipment usage charges, 24 hr free internet facility.


The selected candidates shall fill the following form and send the filled form to the course coordinator email ID: arun.kumar@iitrpr.ac.in.
Accommodation Form

Program schedule

Program Schedule

GIAN program "Risky Asset Models with Dependence" Lecture videos

Lecture Videos will be uploaded later.

How to reach IIT Ropar

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