--- title: "Dr. Sonali Kale" url: https://www.asbm.edu.in/faculty-profile/dr-sonali-kale/ type: page date: 2025-10-30 modified: 2025-11-10 markdown_url: https://www.asbm.edu.in/faculty-profile/dr-sonali-kale.md author: "asbm" --- # Dr. Sonali Kale ### Faculty ![](https://www.asbm.edu.in/wp-content/uploads/2025/11/Dr.-Sonali-Kale-1.webp) Dr. Sonali Kale Associate Professor, HOD – Finance [sonali.k@aimsr.edu.in](mailto:sonali.k@aimsr.edu.in) 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 Conference Participation Book Chapters Book Publication 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](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 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](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 Faculty Development Program (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