Admissions open for Meghnad Desai Academy Of Economics’ academic year 2016-2017


Mumbai, Oct 27 2015: Meghnad Desai Academy of Economics announces Phase 1 admissions open for it second batch of students for the academic year 2016-17. The Academy is offering a one year Post Graduate Diploma in Economics and Finance beginning in July 2016, jointly with the Department of Economics (Autonomous) Mumbai University.

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Inaugurated in July 2015 by Dr. Raghuram Rajan, MDAE stands apart in both the design of its course and its instruction. Its autonomy in course design allows for a contemporary curriculum. Additionally, it uses active case-study based learning. The curriculum also strongly focuses on developing key skills like communication, analytical and quantitative skills – eventually making its graduates more marketable and employable.

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Two innovations that the program has introduced are:

  • The Speaker Series, which enables students to encounter exciting intellectual developments in the discipline of economics and finance. Previous speakers include, Dr. Arvind Subramanian, Chief Economic Advisor to GOI. , Dr. Tom Richardson, IMF Resident Representative in India.
  • The Economics Lab , where a prominent professional economist delivers a talk on a concrete real-world problem that he or she has grappled with and serve as an illustrative application of concepts that the students have learnt in the program. Previous speakers include – Dr. Ajit Ranade, Chief Economist, Birla Group, Dr. Neeraj Hatekar, HOD Economics Mumbai University.

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MDAE bears the unique distinction of bringing together some of the most renowned economists from across the globe. Illustrious members of the corporate sector are also involved in curriculum design, live projects, guest lectures, internships, and placements. For E.g. Dr. Tushar Poddar, MD& Chief India Economist, Goldman Sachs, Dr. Ajit Ranade, Chief Economist Birla group, Mr. PD Singh, MD JP Morgan and Mr. Niranjan Rajadhyaksha, Executive Editor Mint.

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Faculty Details

  • Indradeep Ghosh – PhD MIT; previously Assistant Professor Haverford college
  • Neeraj Hatekar – Director & Professor Econometrics, Mumbai University, PhD Mumbai University
  • Abhinay Muthoo – HOD Economics at Warwick University, UK

Who can apply?

  • All undergraduate majors with minimum 50% marks
  • Students skilled in quantitative analysis will have an advantage.

Who will be selected?
Admission process will be rigorous and will include:

  • 2 essays – One on a current economic topic of your choice (500 words) & one on why you want to stud at the Academy (250 words)
  • An entrance test
  • Personal interviews
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