Southampton Management School, University of Southampton

Ranadeva holds a bachelors degree with a first class in mathematics and physics from the University of Colombo. He also holds an MBA from the same University, where he graduated with honours and was awarded the Ceylon Chemical Industries Gold Medal Award for Strategic Management & Business Policy. He moved to the industry by joining IBM, working in the marketing field and later shifted to the finance field by joining a venture capital firm, Capital Suisse Asia. He then accepted an offer by Ernst & Young, and was employed as an assistant manager and was overlooking the management constancy division of the firm in Sri Lanka. During this period he completed his accountancy exams and became an associate member of Chartered Management Accountants (ACMA) UK. After gaining more than 2 years experience at Ernst & Young he joined Practical Action (A UK based international not for profit organization) as the senior financial consultant for the South Asian region. With over 5 years experience in the industry he left full time employment at Practical Action to pursue higher studies at Cambridge, but has maintained strong ties with the organization being involved in numerous consultancy assignments to date.

Ranadeva completed an MPhil in Finance at the University of Cambridge and was awarded a full scholarship to continue his research to a doctoral level. His dissertation research was on the prediction of company failures. Since then he has completed his PhD from Cambridge in Accounting and Finance and his thesis is a combination of three interrelated papers based on the US airline industry branching in to the areas of modelling corporate distress, real options analysis and the implications and the anomalies of the US bankruptcy code.

Ranadeva provided financial consultancy services to a NHS affiliated entity (Strange Ways Laboratory, Cambridge) to restructure the current accounting procedure to be in line with the management accounting requirements of the NHS. He has also developed financial models to re-organise the then existing accounting structure and reporting systems to highlight and provide more value added information for decision making for Gonville and Caius College of the University of Cambridge. He joined the quantitative finance team of Deloitte in London at a senior capacity in 2007 and has been involved in the Valuation, structuring and modelling of complex financial instruments of major investment banks.

Honours and Awards

Research Scholarship; Cambridge Commonwealth Trust, University of Cambridge, 2004-2006

Finalist - Finance Student of the Year Award 2007- Institute of Financial Accountants (IFA); UK.

British Chevening Shell Centenary Scholarship, 2003-2004

Ceylon Chemical Industries Gold Medal Award; Strategic Management & Business Policy Master of Business Administration; University of Colombo,2002.

• Default Prediction
• Corporate Finance
• Capital structure analysis
• Real options analysis
• Option theory
• Financial derivatives
• Risk and simulation

Primary research group:  Finance and Banking Research Group

Affiliate research groups:  Centre for Risk Research, Centre for Research in Accounting, Accountability and Governance