He joined Indian Bank and quit to start a career in financial investments.
Bhat a Havyaka Brahmin obtained his M.A. degree in mathematics from Madras University, and a M.A. degree in statistics from Karnataka University, Dharwad prior to working on his Ph.D. from Berkeley in 1961, his advisor was David Blackwell.
She died on February 12, 2009 in her residence in Chembur.