Meghnad Desai Academy of Economics was established in 2014 in Mumbai was founded as a niche institute by the noted economist Lord Meghnad Desai. MDAE focuses on applied economics and industry linkages. MDAE Academy offers 2 PGDM programs in partnership with the Gokhale Institute of Politics & Economics. The MDAE academy is affiliated with the Department of Economics at the University of Mumbai and is approved by the NAAC.
Meghnad Desai Academy of Economics Admissions are now open. MDAE Mumbai offers two PGDM courses in Economics, Data Science and Finance. Both courses are available for 1 year in full-time mode. Candidates with a minimum of 50% marks in their graduation are eligible to apply for these courses. The Meghnad Academy conducts its entrance exam to admit students. If an applicant obtains valid marks in the GMAT or CAT, they may be exempt from appearing for the MDAE entrance exam.
MDAE has a dedicated placement committee that ensures 100% placement support. The institute has achieved a 90% placement and interview rate in 2024-25. The MDAE top recruiters included JP Morgan, Morningstar, Deloitte, Deutsche Bank, Reliance Industries, Aditya Birla Group, Fractal Analytics, Royal Bank of Scotland, IDFC Institute, Economist Intelligence Unit, AON, Zebpay, among others.
Meghnad Desai Academy of Economics boasts excellent placement records and over 1,000 alumni. The institute has an outstanding placement record throughout its establishment. MDAE Mumbai offers comprehensive global opportunities in countries such as the UK, China, the USA, and Dubai. The faculty at the Meghnad Desai Academy of Economics, Mumbai, is equipped with experience and knowledge, and goes beyond the syllabus, which prepares students for practical life.
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Meghnad Desai Academy of Economics Highlights 2026
Here are the Highlights of Meghnad Desai Academy of Economics for 2026:
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Meghnad Desai Academy of Economics Courses and Fees 2026
Meghnad Desai Academy of Economics offers 2 PGDM programs. The MDAE Mumbai courses are available in full-time mode with a duration of 1 year. However, the Meghnad Desai Academy of Economics PGDM fee structure is not available yet. The following table has brief details about the Meghnad Desai Academy of Economics Courses and Fees:
Meghnad Desai Academy of Economics Admission 2026
The Meghnad Desai Academy of Economics Admissions are now open. MDAE Mumbai follows a rolling admission policy. The institute has two-cycle admission process. The first is the early bird application cycle, and the second is the regular admission cycle. For early birds, applicants who apply early have a higher chance of securing a seat. Generally, 60% of the seats are filled with early-bird applicants. The remaining 40% of seats are filled in the regular admission cycle. Here is the detailed admission process followed by the Meghnad Desai Academy of Economics:
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Meghnad Desai Academy of Economics Placements 2025
The Meghnad Desai Academy of Economics 2025 placement details are not available. MDAE Mumbai has a dedicated placement committee to support students with 100% placement assistance. The committee consists of six members: Shraddhesh Kenkre, Mihika Joshi, Malaika Irwin, Kashvi Shah, Anushka Vora, and Aditya Deorukhkar. MDAE students are recruited into diverse sectors, including consulting, Finance, research and policy, and Data Science. MDAE Mumbai top recruiters include JP Morgan, Morningstar, Deloitte, Deutsche Bank, Reliance Industries, Aditya Birla Group, Fractal Analytics, Royal Bank of Scotland, IDFC Institute, Economist Intelligence Unit, AON, Zebpay, among others.
Meghnad Desai Academy of Economics FAQs
What is the Meghnad Desai Academy of Economics’s address?
The address of Meghnad Desai Academy of Economics is 305 Lok Centre, Marol Maroshi Road, Marol, Mumbai – 400059.
How do I contact the Meghnad Desai Academy of Economics?
To contact Meghnad Desai Academy of Economics, candidates can send an email to info@meghnaddesaiacademy.org or call +91 7045999326.
What are MDAE’s placement outcomes?
The academy maintains a 90% placement or internship rate. The top recruiters include consulting firms, foreign banks, and the Big 4. The highest CTC is up to INR 15.50 LPA.
Which scholarships are available at Meghnad Desai Academy of Economics?
Meghnad Desai Academy of Economics scholarships are merit-based. It involves the Chanakya Scholarship, offering a 50% fee waiver, the Adam Smith Scholarship, providing a 33% waiver, and a Need-based bursary that offers up to a 90% scholarship.
Is there a minimum cutoff for admission at Meghnad Desai Academy of Economics?
MDAE establishes cutoffs for its entrance test each year based on the number of applicants, seat availability, paper difficulty, and performance metrics.
What infrastructure and campus facilities are available at the Meghnad Academy of Economics?
Located in a commercial office building at Cuffe Parade, MDAE offers modern classrooms, a library, a communication centre, and spaces for workshops, though it's not a traditional campus.
What is the duration of the PGDM program at MDAE Mumbai?
The MDAE Mumbai PGDM is typically a two-year full-time program. It is divided into semesters with academic and applied learning components.
Does the MDAE Mumbai focus on practical learning?
Yes, learning goes beyond textbooks. Students work on case studies, research-based assignments, and discussions linked to current economic issues.
Is the academic environment suitable for serious study at MDAE Mumbai?
The MDAE Mumbai campus offers a focused and academic learning environment. It encourages discussion, critical thinking, and clarity of concepts.
Are students from non-economics backgrounds eligible to apply to MDAE Mumbai?
Yes, students from different academic backgrounds can apply. However, a basic interest in economics is important to cope with the course structure.
