← Back to Faculty List
Faculty Image

Dr HETAL K SONI

Ph.D, M.Com, MBA, PGDFM, PGDM, DIM 

Email: hetal.soni@gsfcuniversity.ac.in

Dr. Hetal K. Soni is a dedicated academician currently working as an Assistant Professor in GSFC University. She was an Assistant Professor (CES) at the Department of Accounting and Financial Management, Faculty of Commerce, Maharaja Sayajirao University of Baroda. Since August 2009, she has contributed extensively to teaching and curriculum development across undergraduate and postgraduate programs in commerce and finance.

Dr. Hetal K. Soni is an Assistant Professor at School of Management and Entrepreneurship, GSFC University where she teaches Financial Management, Financial Accounting and Cost & Management Accounting to Undergraduate and Post graduate students.

  • Ph.D(Accounting & Financial Mangement), The M.S.University of Baroda, November 2025,Research: Impact of Research and Development Expenditures on Financial Performance: An Analytical Study of Select Listed Manufacturing Indian Companies
  • M.Com(Accounting & Financial Mangement), The M.S.University of Baroda, April 2008
  • MBA(Finance), Indira Gandhi National Open University, New Delhi. December 2014
  • PGDFM (Post Graduate Diploma in Financial Mangement), Indira Gandhi National Open University, New Delhi. December 2012
  • PGDM(Post Graduate Diploma in Mangement), Indira Gandhi National Open University, New Delhi. December 2011
  • DIM(Diploma in Mangement), Indira Gandhi National Open University, New Delhi. December 2010 
  • B.Com (Accounts), The M.S.University of Baroda, April 2006.
  • H.S.C, Gujarat secondary and Higher Secondary Education Board, March 2003.
  • S.S.C, Gujarat secondary and Higher Secondary Education Board, March 2001

Accounting: Financial Reporting, Financial Statement Analysis, Corporate Governance, Cost & Management Accounting, Taxation, and Accounting Standards.

Financial Management: Investment Decisions, Risk & Return Analysis, Capital Structure, Working Capital Management, Financial Markets, and Corporate Finance.

Security Analysis & Portfolio Management: Equity Research, Fundamental & Technical Analysis, Portfolio Diversification, Investor Behaviour, Mutual Fund Performance, and Wealth Management.

  • "Overview of GST (Goods and Services Tax)"- International Journal of Indian Economic Light (JIEL), Volume no.: 6, 2017-18.
  • "Impact of Research & Development Expenditures on Financial Performance of Indian Food Company-Britannia Industries Ltd."- International Journal of Management Technology and Engineering, Volume no.: IX, 2019-20.
  • "Indian Accounting Standard (Ind AS) 2 Inventories: Similarities &; Differences Between Ind AS-2 Inventories and Existing AS-2 Valuation of Inventories" - International Journal of Research and Analytical Reviews(IJRAR), Volume no.: 6, 2019.
  • "Impact of Covid 19 on Personal Finance & Investment in India"- Multi –Disciplinary International Journal of Innovation The Research Concept,Volume no.: VI, 2021.
  • "Impact of Research & Development Expenses on Financial Position of Dabur India Ltd."- Multi –Disciplinary International Journal of Remarking An Analisation, Volume no.: 6, 2021.
  • "A Study on analysis of Indian Leasing Finance Companies in 2019-20 as per Indian Accounting Standard- 17: Accounting for Leases"- Multi –Disciplinary International Journal of Anthology : The Research,Volume no.: VI,Issue – 8, 2021.
  • "Significance of Research and Development Expenditures in Indian Manufacturing Industry"- Multi –Disciplinary International Journal of Remarking An Analisation, Volume no.: VII, Issue -VI, 2022.
  • "A study on Financial Analysis of Asian Paints Limited"-  International Journal of Enhanced Research in Educational Development, Volume no.: 10, Issue -6, 2022.
  • "An Empirical Analysis of Research & Development Expenses in Selected Indian Manufacturing Companies"- International Journal of Enhanced Research in Management & Computer Applications, Volume no.: 11, Issue -11, 2022.
  • "Identifying the Factors Affecting Behavioural Intention Towards Adoption and Usage of Central Bank Digital Currencies" - LEADER: International Journal of Business Management, Volume no.: 13, Issue -2, 2025.
  • "Cost of Capital and Value Creation of Tata Motors Ltd. in FY2024-25" - International Journal of Research in Finance and Management, Volume no.: 9, Issue -4, 2026.
  • "Impact of Cashless Economy Initiatives on Digital Payment Growth in India" - International Journal of Shrinkhla Ek Shodhparak Vaicharik Patrika, Volume no.: XIII, Issue -VII, 2026.

Assistant Professor – School of Management & Entrepreneurship, GSFC University (2024 – Present)
Teaching Financial Management, Financial Accounting and Cost & Management Accounting to Undergraduate and Post graduate students.

Teaching Assistant – Faculty of Commerce, The Maharaja Sayajirao University of Baroda (2009 – 2016)
Taught undergraduate students Financial Management. Mentored student projects and coordinated academic programmes.

Assistant Professor - Faculty of Commerce, The Maharaja Sayajirao University of Baroda (2017 – 2024)
Taught undergraduate and postgraduatestudents Financial Management, Personal Finance & Investment, Management Accounting. Mentored student projects and coordinated academic programmes.

Research presentations at multiple national and international conferences, including themes on GST, Financial Management and Taxation. 

  • Active Member, IQAC Cell, GSFC University.
  • Hostel Warden, Maharaja Sayajirao University of Baroda – managed student welfare, administration, and pastoral care for women’s hostels.

  • Secured Distinction in M.Com, with 100/100 marks in Financial Management from M.S.University of Baroda.
  • Secured 9th rank in Baroda Topper- 2003 in H.S.C. / Commerce with 85.17%.
  • Secured 1st rank in S.S.C with 89%.