Lord Meghnad Desai announces economics academy in Mumbai

Posted By: IANS

Mumbai, March 18:  Eminent economist and Indian British politician Lord Meghnad Desai announced the launch of the Meghnad Desai Academy of Economics here on Tuesday. Scheduled to start from July, the MDAE's vision for the one-year post-graduate certificate course is "to learn, think, apply and prepare students to take leadership positions in the global economy", said Lord Desai.

"The MDAE is designed to be an institution of excellence that will provide graduate students with the academic rigor and applied skills to meet the dynamic needs of a globalised workplace. Its approach of marrying theory with real-world practical education from the corporate sector will provide students of economics and finance with enhanced toolkits when they enter the workforce," he said.

The MDAE students are sure to be brilliant and becoming great economics, shaping the future of economics in India and worldwide, said the 75-year-old Lord Desai, born in Gujarat's Vadodara. On the occasion, he also provided a sneak preview of his forthcoming book to be launched in April, titled: "Hubris: Why Economics Failed to Predice the Crisis and How to Avoid the Next One" on the 2008 global financial crisies.

"This is a very unique venture, with great emphasis on training and curriculum and courses which will produce people who are readily absorbable in the industry," said Ajit Ranade, the MDAE's head academic and chief economist of Birla Group.

Lord Meghnad Desai announces economics academy in

Ranade said that his experience in both academic and corporate revealed that there is a gap of what the industry is looking for and the people who are trained in economics, and the economics allied, as they are not ready to hit the ground running.

"At MDAE, there is a process of learning and applying in the workplace to fill that niche gap by ensuring that the curriculum will be taught from a practitioner's point of view," he added.

The MDAE's Academic Board includes Vice-Chairperson Indu Shahani who is principal of Mumbai's HR College, Tushar Poddar, P. D. Singh and journalist Niranjan Rajadhyaksha.

For Quick Alerts
ALLOW NOTIFICATIONS  
For Daily Alerts

    JOIN US ON SOCIAL NETWORKS

    Thousands of Careerindia readers receive our evening newsletter.
    Have you subscribed?

    For great career opportunity, get instant updates on Education, Career & Job
    Careerindia

    We use cookies to ensure that we give you the best experience on our website. This includes cookies from third party social media websites and ad networks. Such third party cookies may track your use on Careerindia sites for better rendering. Our partners use cookies to ensure we show you advertising that is relevant to you. If you continue without changing your settings, we'll assume that you are happy to receive all cookies on Careerindia website. However, you can change your cookie settings at any time. Learn more