Meghnad Desai Academy of Economics was established in 2014 and is a private college under the able guidance of Lord Meghnad Desai, Professor Emeritus, London School of Economics. The college is located in Mumbai.The institute is very reputed and one of the best economics colleges in India.
The academy has two courses namely Post graduate diploma in economics and Post graduate diploma in data science and Finance. Both are 1 year full time courses. The institute only houses 50 students.
The college has great placement records and over 1000 alumni. The institute has an excellent placement record throughout its establishment. The college provides overall global opportunities in countries like the UK, China, USA and Dubai.The faculty at Meghnad Desai Academy of Economics, Mumbai is armed with experience and knowledge and goes beyond the syllabus that makes students ready for practical lifeThe highest salary offered in 2023 was INR 15.5 LPA and the top recruiters were JP Morgan, Morningstar, Deloitte, Deutsche Bank, Reliance Industries, Aditya Birla Group, Fractal Analytics, Royal Bank of Scotland, IDFC Institute, Economist Intelligence Unit, AON, Zebpay, etc.
Highlights -
- Meghnad Desai Academy of Economics, Mumbai was established in 2014 and is a private college.
- The academy was founded by Lord Meghnad Desai, Professor Emeritus, London School of Economics.
- Meghnad Desai Academy of Economics offers PGP in Economics (specializations in Finance, Data Analytics, Public Policy) & PGP in Data Science and Finance.
- Entrance test is conducted by the college for application and admission.
- The highest salary offered in 2023 was INR 15.5 LPA and the top recruiters were Morningstar, Deloitte, Deutsche Bank, Reliance Industries, Aditya Birla Group, etc.
- The faculty at MDAE Mumbai is highly experienced and qualified in their respective fields and focus on overall development of students
- Many top recruiters from the Banking, Financial Services & Insurance (BFSI), Consulting, Data Analytics, Social Sector, Fintech, Pharma, Research, and Policy industries choose to work with the school.
- The college has a library,computer labs and also provides scholarships and financial aid to students.
Courses and fees of MDAE Mumbai-
MDAE offers two programs- Post graduate diploma in economics and Post graduate diploma in data science and Finance. These programs equip the students to handle day-to-day business situations and perform outstandingly in the corporate world by impacting the requisite skill set and adding value to the students.
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Serial no.
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Course
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Total tuition fees
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Exams accepted
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Duration
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1
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Post Graduate Diploma in Economics
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INR 6,75,000 (excluding GST)
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Entrance test conducted by MDAE or CAT , MAT ,XAT
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1 YEAR
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2
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Post Graduate Diploma in Data Science and Finance
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INR 6,25,000 (excluding GST).
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Entrance test conducted by MDAE
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1 YEAR
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Admission process of MDAE Mumbai-
MDAE offers two programs- Post graduate diploma in economics and Post graduate diploma in data science and Finance and students need to qualify entrance exams for getting enrolled in the courses. The following is the admission process-
How to apply -
MDAE Mumbai accepts admission in online mode. Candidates willing to take admission need to visit the official website of MDAE Mumbai . The stepwise process is mentioned below:
Step 1. Candidates are required to visit the website https://www.meghnaddesaiacademy.org/ and fill the application accordingly as instructed in the colleges’ brochure and their essay or motivation letters.
Step 2. The MDAE application process is conducted online on the official website.
Step 3. Candidates need to register using a valid email ID and mobile no. followed by filling out the application form with all the required information.
Step 4. Candidates must check the eligibility criteria of their desired course, before applying.
Step 5. The final admission list is prepared after verifying original documents and work experience of candidates.
List of documents:-
- Passport-size photograph
- 2 essays written by student
- Class 10 mark sheet
- Class 12 mark sheet
- Undergraduate degree
- Work experience certificate
- One set of unattested photocopies of all relevant documents
- Scorecard of CAT , MAT ,XAT ,CMAT ,MAH CET,ATMA exams.
- Aadhar card of the candidates
- College leaving certification or transfer certificate.
- Birth certificate of the candidate
- Domicile certification of the candidates or parent, whichever is applicable
Eligibility criterion for various courses at MDAE Mumbai:
The admission process is entirely entrance based on candidates' performance in the merit examinations. A minimum of 55 percent marks should be availed by students to get enrolled in the institute for masters programme . For more details, candidates are supposed to check the following table-
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Serial no.
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Course
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Eligibility criterion
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Entrance exams needed
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1
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Post Graduate Diploma in Economics
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50% marks from a recognised undergraduate degree in any discipline.
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Entrance test conducted by MDAE or CAT , MAT ,XAT
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2
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Post Graduate Diploma in Data Science and Finance
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minimum 50% marks from a recognised undergraduate degree in any discipline.
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Entrance test conducted by MDAE
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Scholarships of MDAE Mumbai:-
In one category, two scholarships totaling 50% of the course expenses are available to students who are chosen on the basis of merit.
Adam Smith Scholarship- In this category, three scholarships totaling 33% of the course expenses are available to students who are chosen on the basis of merit.
placement of MDAE Mumbai:-
The MDAE Mumbai has a dedicated section for placing students. In coordination with the college administration, the MDAE Mumbai placement department develops several training programs to get students ready for the placement drives.
As per the placement report of 2023,the institute has an excellent placement record throughout its establishment. The highest salary offered in 2023 was INR 15.5 LPA and the top recruiters were JP Morgan, Morningstar, Deloitte, Deutsche Bank, Reliance Industries, Aditya Birla Group, Fractal Analytics, Royal Bank of Scotland, IDFC Institute, Economist Intelligence Unit, AON, Zebpay, etc.
With over 100+ top companies across several sectors, MDAE's alumni have a proven track record of placement success. Many top recruiters from the Banking, Financial Services & Insurance (BFSI), Consulting, Data Analytics, Social Sector, Fintech, Pharma, Research, and Policy industries choose to work with the school.
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Particulars
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Statistics
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Highest Package
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15.5 LPA
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Average package
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8.5 LPA
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Companies visited
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100+
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Popular recruiters
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JP Morgan, Morningstar, Deloitte, Deutsche Bank, Reliance Industries, Aditya Birla Group,
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CONCLUSION-
Meghnad Desai Academy of Economics is a reputed and one of the best economics colleges in India. The academy has two courses namely Post graduate diploma in economics and Post graduate diploma in data science and Finance. Both are 1 year full time courses. The college has great placement records and over 1000 alumni. With over 100+ top companies across several sectors, MDAE's alumni have a proven track record of placement success. Many top recruiters from the Banking, Financial Services & Insurance (BFSI), Consulting, Data Analytics, Social Sector, Fintech, Pharma, Research and Policy industries choose to work with the school.In addition to employment, a number of students have been accepted into various academic programmes (PhDs, MBAs, and Masters in Economics) at more than 20 prestigious international universities, including Harvard, Oxford, LSE, Columbia, Duke, Brown, UChicago, and Georgetown. The highest salary offered in 2023 was INR 15.5 LPA and the top recruiters were JP Morgan, Morningstar, Deloitte, Deutsche Bank, Reliance Industries, Aditya Birla Group.
