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Meghnad Desai Academy of Economics: Placements 2025 – Highest Package, Average Salary, Top Recruiters

2014

Cuffe Parade,Mumbai

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Private Institute

Umesh's profile picture

Updated on Jan 09, 2025

Umesh

Meghnad Desai Academy of Economics, Mumbai serves unfulfilled needs of the industry-ready professionals. The academy develops young academics into leaders through its one year post graduate programme in Economics and Data science and finance.

The college has a placement cell and has a cross-platform and elective system between students from all the courses infused with diverse skills by MNCs and rising startups. Along with that, under the guidance of top senior professionals through the mentorship programme, the students of the academy have been able to pursue their dreams and contribute to a lot of success stories within the placement cell.

The college has a strong track record for placements and the alumni work in over more than 100 companies in various sectors. The academy is a hub for several leading recruiters in banking, finance, financial services and insurance policy companies.

The college sets up internships within the country to introduce students to the workings of the management sector. In addition, final-year students can attend a placement camp on the premises. Students were placed in a variety of fields, including banking, IT, marketing and finance. According to the MDAE NIRF report of the year 2023, the median package offered during placement sessions was Rs 5 LPA.

Pre placement Coaching

Prior to placement right from the start of the program, students receive coaching. These training sessions are meticulously planned and integrated into the schedule to guarantee success during the selection phase. When a business wants an intern to work for them full-time, permanently after graduation, they provide a pre-placement offer (PPO).

Selection Process

-Regular mock simulation processes are conducted by faculty members, industry professionals and alumni in order to assess and give feedback to students.

-There is a domain and industry-specific selection procedure that includes aptitude testing, group discussions, case study analysis, technical interviews and stress tests.

PPC- Pre placement Concept Coaching

  1. Develop domain / industry specific conceptual insights from a placement perspective.
  2. Prepare students to clear Aptitude, Group Discussion, Technical as well as HR interviews.

Mentoring

The institution offers students a proactive, well-established mentorship programme to assist and lead their entire growth. Students can freely discuss their ideas and get feedback on them. Highly educated and experienced mentors are provided to students so that they can learn and get into their dream companies.

placement process :

  1. Pre placement/Visit/ Meeting or discussion.
  2. Receipt of open requirements and by placement cell
  3. Internal approval to publish the open requirements notice to the students.
  4. Publishing the open requirements notice to the students by placement cell.
  5. Sharing of applications by the placement cell to the company via email.
  6. Conducting interviews /selection procedure by the company.
  7. Sharing of results and feedback by the company to the placement cell
  8. Submitting the copy of the offer letter to the placement cell by the students.
  9. Sharing the offer letter to the successful candidates by the company.

Process of Registration for Students

  1. The process of registration starts from the Second week of June Every Year For Final Year Students.
  2. The placement facility is available to all passed pre final year students if registered with TPO for placements. Any Student not registered is not eligible for placement opportunities.
  3. Students, who do not want to participate in the placement process, are required to submit a form declaring their intention of non-participation in the placement process.

placement rules :

  • The student will have to fulfill all of the following criteria to be eligible to take part in the placement process.
  • A student receiving one final placement offer will have to step out of the placement process so that other students may have a fair chance of getting placed.
  • Students who wish to opt for their own placement should give their declaration before the start of the Final placement Process. Such students would be deemed to have opted out of the placement process.
  • All Pre-placement Offers (PPO's) should be routed through the placement Office. Students accepting the PPO's should submit a copy of the offer letter to the placement Office. Such students will be considered as placed.
  • Students who have to travel to attend interviews will have to do so at their own cost.
  • Students are required to fill and submit the interview feedback form given to them, after attending the interview within 48 hours.

placement data of session 2023-

PARTICULARS

placement STATS. (2023)

Highest package

15.5 LPA

Average package

8.5 LPA

placement range

95%

Recruiters

JP Morgan, Morningstar, Deloitte, Deutsche Bank, Reliance Industries, Aditya Birla Group

The sectoral preference-

The college arranges domestic internships in order to familiarize students with the working world of the management industry. Additionally, a placement camp is held on the grounds for students in their final year. Students were placed in different sectors like marketing, IT, finance , consulting,banking and the percentage data is as follows-

Name of sector

Data

Financial services

38 %

Consulting

12%

Banking

23%

Real estate

4%

Media and advertising

7%

Market research

1%

Manufacturing

2%

Logistics

2%

ITES

2%

FMCG

8%

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