Welcome To

Meghnad Desai Academy of Economics

MDAE believes that the true purpose of education is to liberate the minds of young students. Set-up in 2014, the academy focuses on addressing the gap between what the industry needs and what traditional colleges offer. Through an amalgamation of theoretical rigor, industry exposure and personal mentorship, the Academy prepares students for real life, by nurturing excellence one student at a time.

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Post Graduate Diploma in Economics

  • Specializations – Data Analytics | Finance | Public Policy
  • Mode: 1 Year, Full-Time, Classroom Based.
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Post Graduate Diploma in Data Science & Finance

  • Mode: 1 Year, Full-Time, Classroom Based.
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Top Companies Hiring MDAE Students

Highest CTC

15.5 Lakhs

100%

Placement Assistance

Top Companies

Big 4’s, Foreign Banks & Consultancies

Diverse Sectors

Consulting, Finance, Research & Policy, Data Science
Click here to download Placement Brochure

What Alumni has to say about MDAE

MDAE placed me from campus as a Political Consultant at Varahe Analytics, and I now work at Nielsen. The courses in Stats, Econometrics, Python, SQL, and Power BI gave me the skills and confidence to thrive as a Data Analyst.

Shivam Nayak
PGD Data Science & Finance | Class of 2023

After working for a few years, choosing MDAE over a master’s abroad was the right call. The program gave me solid grounding in ML, Programming & Finance—and the peer + faculty interactions was a key takeaway for me as well.

Aniruddh Iyer
PGD Data Science & Finance | Class of 2025

The Academy’s support, whether through mentorship, story-telling in the interview, or just guiding me in the right direction, made a huge difference. The learning and growth I experienced will stay with me beyond just landing a job.

Renuka Patil
PGD Data Science & Finance | Class of 2025

I have now been hired by M&G PLC, an Insurance Consulting organization. I am a more versatile Actuarial Analyst now on account of the MDAE program. My CTC went up 1.75 times after the MDAE Program.

Nikhil Kulkarni
PGD Data Science & Finance | Class of 2023

MDAE’s blend of theory and practice, along with the speaker series, gave me real-world insights and prepared me to take on responsibilities in the field of economics.

Shruti Alva
PGD Economics | Batch of 2018

What Alumni Have To Say About MDAE

Dr. Ajit Ranade's EconLab at MDAE

We were honoured to welcome Dr. Ajit Ranade, Chairman of the Academic Board at Meghnad Desai Academy of Economics (MDAE), to the campus on 9th February 2026.

As part of EconLab, MDAE’s initiative to foster rigorous dialogue on contemporary economic issues, Dr. Ranade delivered an insightful lecture on “India’s Growth Amidst Geopolitical Turbulence.”

Drawing on global developments, shifting trade dynamics, and India’s structural strengths, the session offered students a nuanced understanding of how geopolitics, external shocks, and domestic reforms interact to shape India’s growth trajectory. The lecture sparked thoughtful discussions on exports, global supply chains, resilience, and the policy choices that will define India’s economic future.

EconLab continues to serve as a platform where theory meets real-world complexity, and where students engage directly with leading thinkers shaping public discourse.

We thank Dr. Ranade for an enriching session and for his continued guidance and association with MDAE.

How do you read a Union Budget beyond the headlines?

At a recent Econ Lab session at MDAE, Dr Niranjan Rajadhyaksha—Executive Director at Artha Global and Academic Board Member at MDAE—led an insightful discussion on How to Read a Budget. The session demystified the Union Budget by grounding it in constitutional provisions, core fiscal concepts, and macroeconomic logic.
 
Dr. Rajadhyaksha guided students through a practical framework for budget analysis, focusing on key indicators such as nominal GDP assumptions, tax buoyancy, expenditure composition, and deficit metrics. He highlighted why fiscal numbers matter for markets, debt sustainability, and long-term economic stability—encouraging participants to look beyond announcements and ask the right questions.
 
The session reinforced a crucial idea: the Budget is more than an annual exercise—it is a window into the government’s economic priorities and the underlying health of public finances.

ICICI Bank AGM Sesh Candra Delivers Industry-Oriented Lecture at MDAE

We were honoured to host Mr. Sesh Candra, Assistant General Manager at ICICI Bank, for an insightful lecture focused on aligning academic learning with evolving industry requirements. Drawing on his extensive professional experience in the banking and financial sector, Mr. Candra emphasised the importance of applying theoretical frameworks to real-world organisational contexts while cultivating a strong professional identity. The session encouraged students to critically reflect on the skills, competencies, and ethical standards expected in contemporary workplaces, making it a valuable addition to our ongoing efforts to bridge academic rigour with practical relevance.

Alumnus Aniruddh Iyer Speaks at MDAE on Responsible Use of AI

MDAE hosted an Alumni Insight Session featuring alumnus Mr. Aniruddh Iyer, currently Assistant Manager at WhiteOak Capital. The session focused on the mindful and responsible use of artificial intelligence, drawing on real-world applications and professional experience. Through an interactive discussion, students gained practical insights into integrating AI thoughtfully across academic, professional, and everyday contexts, reinforcing MDAE’s emphasis on ethically informed, real-world learning.

Redefining Academic Workflows: MDAE’s AI-Driven Faculty Development Program

The Faculty Development Program at the MDAE began with Dr. Tushar Poddar outlining how Agentic AI and leading tools such as ChatGPT, Google Gemini, Nano Banana can reduce administrative workloads and enhance academic efficiency. In the main sessions, Prof. Amlesh Kanekar, Dr. Shreshti Rawat, and Mr. Prashanth Irudayaraj demonstrated how AI can deepen conceptual understanding in economics, improve econometric modelling, and support research supervision. Participants examined the emergence of agentic systems and their implications for autonomous reasoning, pedagogy, and applied decision-making. The program offered faculty a practical introduction to the thoughtful integration of AI into academic practice.

Career Building Masterclass by PwC Partner Dr. Raghav Narsalay

On 29th November 2025, MDAE hosted an inspiring session by Dr. Raghav Narsalay, Partner at PwC, as part of its ongoing industry engagement initiatives. Speaking on the theme of Career Building, Dr. Narsalay used his own professional journey as a case study, sharing key milestones and personal experiences that shaped his growth. He highlighted how everyday challenges can be transformed into opportunities through problem-solving and perseverance. Emphasising the value of essential skills such as public speaking, writing, and research, he encouraged students to continuously invest in their personal and professional development to build meaningful and successful careers across diverse fields.

From Classroom to Deloitte USI - Alumni Speaker Series

MDAE recently welcomed back its alumna, Shreeya Misra from the Batch of 2024-25 (PGD Economics), who is now making strides as an Analyst at Deloitte USI. In an engaging and interactive session, Shreeya shared her journey from the classroom to the corporate world, offering students a realistic glimpse into the job market. She discussed career prospects, interview preparation strategies, and what candidates can expect during the hiring process, making the session both insightful and inspiring for all who attended.

Mr. Indranil Sen Gupta on India’s Foreign Exchange Policy and the Future of the Rupee

Mr. Indranil Sen Gupta, Professor of Practice of Economics at Shiv Nadar University and former Chief India Economist at Bank of America Merrill Lynch, delivered a thought-provoking session at MDAE on India’s foreign exchange policy. He examined the structural and policy factors determining the strength of the Indian rupee, including the evolution of India’s growth model, trends in long-term FDI, the management of foreign exchange reserves, and the Reserve Bank of India’s policy framework. Through an incisive analysis, Mr. Sen Gupta offered insights into the delicate balance between maintaining currency stability and supporting economic growth, prompting reflection on whether India is ready for the rupee to assume a larger role in the global economy.

Alumnus Aditya Deorukhkar Explores Careers and Investments in Digital Assets at MDAE

We were delighted to host our alumnus Aditya Deorukhkar, Chief Vault Strategist at Tulipa Capital, for an engaging guest lecture on Careers & Investments in Digital Assets.

Aditya shared valuable insights into how decentralized finance (DeFi) is reshaping traditional financial systems through lending markets, liquidity pools, and automated vault strategies. He highlighted the opportunities and challenges in digital asset investments and emphasized the importance of learning on-chain fundamentals, building strong data skills, and staying adaptable in this fast-evolving space.

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KPMG’s Mahima Soni Shares Consulting Secrets in an Engaging Session at MDAE

When Ms. Mahima Soni, Senior Consultant at KPMG, stepped into MDAE for a session on Case Study Prep for Consulting Roles, students knew they were in for something special. With stories from her consulting journey and hands-on problem-solving insights, she demystified what it takes to crack case interviews. The session left students more confident and curious about pursuing a career in consulting.

Beyond the Blackboard: Exploring Real-World Economics with Prof. Abhishek Panda

In the Advanced Macroeconomics course (Part-1), Prof. Abhishek Panda seamlessly integrated the rigor of traditional lectures with the relevance of real-world case studies. This balanced approach enabled students to connect theoretical frameworks with contemporary economic contexts, enriching their understanding of how macroeconomic concepts operate beyond the classroom.
 
The course stood out as an example of how academic learning can be made both engaging and applicable, fostering deeper analytical and critical thinking skills among students.

MDAE Events

Applications of Data Science in Economics

23rd Feb, 2026 11:20 AM

Exploring Pathways after Undergraduation

11th Feb, 2026 11:00 AM

Randomized Controlled Trials and Natural Experiments in Economics

10th Feb, 2026 08:00 AM

An Introduction to the Modeling and Forecasting of Macroeconomic Indicators - Econ Lab

07th Feb, 2026 09:00 AM

MDAE FAQs

MDAE offers a practical, industry-focused approach to education. Our curriculum is designed with inputs from leading economists, policymakers, and industry experts, ensuring students gain real-world skills beyond theory.

No! MDAE welcomes students from various academic backgrounds, including engineering, commerce, mathematics, and social sciences. Our curriculum is structured to bring everyone up to speed.

Applicants must have a bachelor’s degree in any discipline. While prior exposure to economics, mathematics, or statistics is helpful, it is not mandatory. We assess candidates based on academic performance, analytical thinking, and motivation to succeed in the field of economics & finance.

Yes, MDAE offers merit-based scholarships to deserving students. Scholarships are awarded based on academic performance, entrance test scores, and financial need. Details on how to apply are available on our website.

Yes! MDAE’s curriculum aligns with global standards, and our alumni have successfully pursued Master’s programs at top universities abroad in economics, public policy, data science and finance. Our faculty also provides guidance for applications and recommendations.

MDAE offers rigorous, full-time program with a demanding schedule of lectures, assignments, and projects. While part-time work may be possible, we strongly recommend that students focus on academics and industry exposure for the best learning experience.

Our faculty consists of renowned economists, policymakers, and industry experts who bring deep academic knowledge and hands-on experience, ensuring a dynamic and relevant learning experience.

Yes, MDAE has a strong placement support system with career mentorship, interview training, and direct recruitment opportunities. Our alumni have secured roles in policy think tanks, financial institutions, consulting firms, and corporate strategy teams at top organizations like JP Morgan, EY, Deloitte,CMIE, and SBI. The program equips you for diverse, high-impact careers in economics, data science, finance, and public policy.

The program is interactive, case-study-driven, and application-oriented, with masterclasses, industry projects, and guest lectures that prepare you for real-world challenges.
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