On Friday,12th June MDAE organised an interactive session where students met with senior corporate leaders from large financial institutions and industry conglomerates. These included:
- Conrad D’Souza (member Executive Management HDFC Ltd)
- DK Joshi (Chief Economist, CRISIL)
- Hiren Dasani ( Portfolio manager, Goldman Sachs Asset Management India)
- Shikha Khurana (a Banker with 17 years of experience working with Exim Bank, HSBC, Yes Bank and Kotak Mahindra Bank)
- Raghav Narsalay (MD, Accenture Institute of High Performance)
Our Academic and Advisory board members – Dr. Tushar Poddar (Chief India Economist, Goldman Sachs), Dr. Ajit Ranade (Chief Economist, Birla Group), Mr. PD Singh (MD, JP Morgan) & Mr. Niranjan Rajadhyaksha (Managing Editor, Mint) – were also present.
During the course of the interaction, the Corporates emphasised on the following:
- The vast applications of economics and the large number of career options available in the field of economics. These include professions in the field of
- Ecommerce firms like Flipkart and Snapdeal.
- Retail banking
- Think tanks
- Regulatory agencies and credit rating agencies
- Global consultancies
- Investment banking
- The skills that companies look for while hiring. These include:
- Ability to derive insights from information
- Structured thinking
- Basic ability to work with data
- Communication skills
- Flexible thinking
- MDAE’s program will help in improving the student’s analytical, quantitative and communication skills which in turn will enhance their employ-ability.
- The importance of a well-rounded education.
- The key differences between MDAE’s program and other master’s programs being offered in India are:
- Case study approach of teaching
- Emphasis on writing skills
- Focus on developing communication skills
Specific questions that came up during the interaction were:
- What do employers look for in candidates?
- To this Dr. D.K. Joshi and Mr. Conrad replied, “ The key skills that employers look for are ability to have structured thoughts, basic ability to work with data, communication skills and flexible thinking”
- Are there any practical applications to some topics like General equilibrium in economics?
- To this Dr. Ranade replied, “Just as in the English language we learn many words but we use only 10% in everyday language, similarly in economics you may be using only 10% of what you learn, but you cannot predict which concept you may need in the future just like a word in the English language. Therefore, just as to make a good vocabulary we need to know many words, knowledge of all the concepts is very important for a well-rounded education.
- What are the career opportunities that students can expect after completing this course?
- DK Joshi told students that they can expect to find jobs in think tanks, regulatory agencies and credit rating agencies and gave his own example of working with organisations like CERC and CRISIL.
- Ajit Ranade gave the example of the competition commission looking for about 100 economists to look at market structure issues
- Raghav Narseley spoke about opportunities in law, global consultancies like Accenture.
- Hiren Dasani spoke about career opportunities in the stock market and how both micro and macroeconomics play an important role in stock selection. While macro-economists help in determining interest rates and growth rates in an economy, micro economists study company’s balance sheets , management and industry dynamics.
- Niranjan Rajadhyaksha spoke about careers in journalism for trained economists and the need to communicate well to reach a large audience.
Bookings are closed for this event.
Date(s) - 12/06/2015
5:00 pm - 7:00 pm