Sankarshan has a B.Sc. with honors in Statistics from Presidency College, Calcutta, M.Sc. in Statistics from the Indian Institute of Technology, Kanpur, a Ph.D. from the London School of Economics and Political Science, UK.
His primary research and teaching interests are in financial markets and quantitative finance, particularly derivatives and fixed income securities and insurance and pension issues.
Prior to joining IIMB, Prof. Sankarshan has also worked with ICICI Ltd. (now ICICI Bank Ltd.). He has been a teaching faculty at London School of Economics and Political Science and Heriot Watt University, Edinburgh, U.K. Sankarshan has also been a Visiting Professor at University of Twente, Netherlands, Gothenburg University, Sweden, ESCP, Paris, CFVG, Ho Chi Min City and Hanoi, Vietnam and Asian Institute of Technology, Bangkok.
Sankarshan is active in teaching, consulting (both in India and outside India) as well as well as research. He has published a number of papers, book chapters as well as two books. He is very well travelled and has presented his works at a number of international conferences. He also serves on the boards of a couple of companies.
Sankarshan currently serves as an Independent Director on the board of Federal Bank Ltd., as an Independent External Person on the Risk Management Committee of India International Exchange (IFSC) Limited (India INX) and as an Independent External Person on the Risk Management Committee of India International Clearing Corporation (IFSC) Limited (India ICC). He has also served on the Risk Management Committee of NCCL as an external expert, on the Board and the Committee of Directors on Risk Management of The Clearing Corporation of India Limited (CCIL) as an Independent Director, as a SEBI nominated Public Interest Director on the Governing board of the erstwhile Bangalore Stock Exchange Limited, on the Board of Bangalore Properties and Securities Limited as an independent director, as well as an independent director on the board of Bilcare Ltd.
Sankarshan has served on the international selection panel for the selection of Fellows for the German Chancellor Fellow, a fellowship run and administered by the Office the German Chancellor between 2014 and 2022. He is also a founder member of the Indian Finance Association (IFA), served as the Secretary of the association since the founding of IFA in 2015 till 2023 and is currently the Vice President of the association since 2024. He has also served in various roles within the Asia Pacific Risk and Insurance Association (APRIA) including as President for the year 2014 – 2015.