Professor of Finance

Department of Finance
Pamplin College of Business
Virginia Tech
Blacksburg, VA 24061

Office: Pamplin 1019
Phone: 540-231-3607
Fax: 540-231-3155
E-mail: dilip@vt.edu

Fall 2014 Teaching Schedule:
  • TBA
Fall 2014 Office Hours:
  • TBA
Education and Certification:

Ph.D., University of Florida, 1983
M.B.A., University of Florida, 1977
M.Tech., Indian Institute of Technology, 1966
B.S., Indian Institute of Technology, 1964


Dr. Shome currently teaches Investment Banking to MBA and graduate students and Corporate Finance at the doctoral level. He has won several teaching awards at Virginia Tech. He is a two-time winner of the Teaching Excellence Award, winner of the PhD Teaching Award, and winner of the University Certificate of Teaching Excellence. He has taught many different courses at the undergraduate, MBA and doctoral levels.

Dr. Shome’s research focuses on decisions made by managers, and how and why these decisions are not always directed towards the best interests of shareholders and stakeholders. This is also known as agency relationship. Some of his research studies show that regulated electric utilities companies pay very high dividends in order to induce monitoring of the agency relationship. He has around 15 articles published in various academic and practitioner journals. Some of his publications appear in popular journals such as the Journal of Finance, Journal of Corporate Finance, Financial Management, and The Journal of Banking and Finance. He has presented his research at various conferences organized by the Financial Management Association, American Finance Association and others.

Business Experience:

Prior to graduate study, Dr. Shome worked for a period of 9 years as a Developmental Manager for Hindustan Lever Ltd, India.

Service-Related Contributions:

Dr. Shome served as a Department Head for 4 years. He is currently the Director of the Ph.D. Program and Director of the Finance Track of the college’s post-graduate Bridge to Business Program. He has also served as a committee member on various department committees such as Ph.D. Policy Committee, Department Head Search Committee, MBA Advisory Committee and Undergraduate Curriculum Committee. He has been a board member of the FMA Survey and Synthesis Services.

International Achievements:
Dr. Shome was a co-leader of a Summer Study Abroad Program to the UK, Spain, Turkey and Greece. He has taught in China at the Jianxi Institute of Finance and Economics and at the Indian Institute of Management in Bangalore, India. He has worked in setting up an in-residence program in Freiburg, Germany. He co-chaired an International Conference of “Financial Markets in Emerging Market Economies” at the Pamplin College of Business.