Dr Venkataramanan received his Doctorate Degree in Business Analysis and MS in Business Computing Science from Texas A&M University. He holds a Bachelor’s Degree in Mechanical Engineering from the College of Engineering, University of Madras. 

He joined the Kelley School of Business faculty in 1987 same year he received his Doctorate Degree. He served as the Chair of the Operations and Decision Technologies Department from 1997 to 2003, the Lawrence D. Glaubinger Chair of Business Administration and Chair, Undergraduate Programs from 2005 to 2009, and Associate Dean-Academic Programs from 2009 to 2012. In October 2012, he was appointed Vice Provost for Strategic Initiatives for Indiana University Bloomington, promoted to Vice Provost of Finance and Strategy in 2016, and to Executive Vice Provost for Finance, Budget and Strategy in 2021. 

During his stint at leadership roles he was responsible for developing the fiscal strategy for the campus and managing the budget process for all academic units as well as fiscal operations and program management for campus auxiliaries. He was also responsible for campus strategic initiatives, including strengthening globalization opportunities for faculty and students, creating new graduate multidisciplinary programs and online graduate certificates and degrees, optimizing campus funding models, and developing the fiscal and organizational strategies that allow the university to achieve key goals.
His research and teaching interests are in the areas of operations and supply chain management, decision support systems and optimization techniques. He has published over fifty research articles in leading journals and has authored a book. He has developed innovative curricula and has won more than ten teaching-related awards.