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About ICMA

ICMA strives to add value to individuals and organizations through a confluence of mutually reinforcing services focused on Performance Measurement and Management.

These offerings straddle across current concepts and practices in Financial Accounting, Management Accounting, Internal Control, Financial Management and Strategy. ICMA is structured along the following services that align with its purpose as well as compliment and synergize with each other.

Directors Profile

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Professor S. Sundararajan

Professor Sundararajan, Director, ICMA, holds a degree in Mathematics and Law and is a Fellow Member of the Institute of Chartered Accountants of India (ICAI), with expertise in a unique combination of fields like mathematics, statistics, law and accounting. Professor Sundararajan has more than 4 decades of rich and varied experience in consulting, advisory and training (academic, professional and executive education) in the field of finance and business management.

Prof.Sundararajan has designed and delivered Executive Education Programs in the Gulf Region, to candidates from several companies, since 2009 on various topics like Financial Statement Analysis, US GAAP, IFRS, EVA, Balanced Score Card, Valuation of Companies, Corporate Governance and Strategic Cost Management.

He provides business advisory services encompassing and blending knowledge and insights from financing, management and strategy offered as a unique Extended Management Back-up service to enable organisations achieve sustainable business growth by setting up, reviewing and monitoring a strategic management process and a performance measurement and management system.

Prof.Sundararajan has more than three decades of consulting and advisory experience and provides multifunctional and holistic inputs and advisory services to family businesses and growth stage companies. Prior to 2009, he was a Professor at Indian Institute of Management Bangalore (IIMB) for 18 years. He is a recipient of Best Professor Awards from the candidates at IIMB. He was a member of the Governing Board and the Head of the Executive Education at IIMB. During the two tenures as head of executive education at IIMB, the number of executives trained at IIMB increased from around 100 candidates in 1991 to over 2000 candidates in 2004. He has anchored several programs in the in-house programs conducted by India’s largest organizations like Reliance industries and Tatas and other well-known organizations. He was instrumental in setting up the entrepreneurship and incubation center in IIMB, with the objective of promoting entrepreneurship in emerging and sunrise sectors and was the center’s first chairperson. Before joining IIMB he was a consultant for 16 years and was in service with a bank and a mining company for 4 years.

Board membership’s details

He was nominated by the Securities and Exchange Board of India on the Council of Management of Bangalore

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Easwar S.A

Easwar has nearly two decades of experience in investment research and advisory services, in multiple markets. He has been training and teaching at India’s top B-Schools for more than a decade.Easwar is a qualified Chartered Accountant and a Chartered Financial Analyst.

  • Director,
  • – Institute of Cost & Management Accountants (ICMA), [Muscat, Oman]
  • – Apex Financial and Economic Consulting (referred as Apex), [Muscat, Oman]
  • Director & Promoter
  • – Symphony Research LLC (Lexington, Massachusetts, USA)
  • – Symphony Financial Research & Analytics Pvt Ltd [SFRA] (Bangalore, India)
Investment Advisory & Consulting

Easwar runs two companies that are engaged in providing investment research services to the hedge funds and family offices, mainly in the U.S. Symphony Research LLC focuses on identifying mispriced investment opportunities, triggered by a perceptions/reality gap that could be expected to converge over a longer time horizon.

SFRA provides portfolio advisory services to Business families in Bangalore and advices foreign portfolio investors (FPIs) on investing in India. As part of investment advisory and consulting, Easwar has been advising business families and medium/small real estate development firms in Real estate development activities like evaluating the economic potential of land parcels, enabling of financing the real estate projects through private equity or debt, facilitating strategic partnerships and tie- ups and managing risks.

As part of Apex (Oman), he is also involved in Private Equity syndication and structured finance advisory.

Financial Advisory

As part of his investment advisory and consulting experience, Easwar has been advising business families and family offices across the globe.


Guest faculty in India’s top ranked Business schools. Is an adjunct faculty at

Course offered in IIMs include –

As director of studies in ICMA, involved in