He teaches corporate finance and investments at the undergraduate and graduate level. His primary research is in areas of cash holdings, capital structure, payout policy, and market microstructure. He has published in top journals, including Journal of Financial Economics, Journal of Financial and Quantitative Analysis, Journal of Corporate Finance, Journal of Financial Intermediation, and Financial Management. He has presented his work in national and international conferences. Professor Kulchania is a member of the American Finance Association, Western Finance Association and the Financial Management Association.