Top 10 – 2008 Crash

Understanding the 2008 Global Financial Crisis is essential for anyone interested in Economics and Finance, but there are a plethora of books available, which can get overwhelming. Dr. Indradeep Ghosh, who completed his PhD in Economics from Massachusetts Institute of Technology (MIT), has curated a list of top 10 books pertinent to the 2008 Global Financial Crisis and to the general topic of economic/financial crises. 1. Lords of Finance by Liaquat Ahamed (Non- fiction, Published, 2009)  Lords of Finance discusses the histories of the leaders of the Central Banks in 4 countries; Benjamin Strong Jr. of the New York Federal Reserve, Montagu Norman of the Bank of England, Emile Moreau of the Banque de France and Hjalmar Schacht of the Reichsbank in Germany. The book talks about their efforts to steer the world economy from the First World War until the Great Depression. The book won the 2010 Pulitzer Prize for History.         2. How Markets Fail by John Cassidy (Non-Fiction, Published, 2009) Written by renowned economist and journalist, John Cassidy, this book examines the history of economic theory and attempts to diagnose the recent rise and fall of markets, especially the housing bubble and the credit crisis from 2007 till 2009. John Cassidy argues against unfettered free-market ideology and supports government regulation in the financial industry           3. Hubris by Meghnad Desai (Non – Fiction, Published, 2013) Written by our very own Chairman of Meghnad Desai Academy of Economics, Lord Meghnad Desai investigates the evolution of economics and connects it to the occurrence of major political events. While understanding the timeline,...
What’s The Placement Process like at MDAE

What’s The Placement Process like at MDAE

The Placement Process Placements are an integral part of an academic institution in India. Most students, when deciding which college to attend, look at the placement record and evaluate how beneficial the institution will be for them. That is why we are proud to say that 95% of our students have been placed with an average salary of 7 lacs p.a. Meghnad Desai Academy of Economics recognises this and prioritises it too. From the moment a student is offered a place in the academy, our Placement Committee begins to identify the students preference. From there, together with the student, we work on building a CV. These one-on-one sessions coupled with interview preps are aimed to instil confidence in the student and to help them understand their strengths and weaknesses. Following this, we find companies that offer roles that the student would be interested in. Companies that have come on campus include Deloitte, J.P. Morgan, ANZ, IDFC Institute, Fractal Analytics, HSBC and many more. To know more about our placement process you can visit our website...
We are Agile. We are Nimble. We are Adaptive

We are Agile. We are Nimble. We are Adaptive

What Does Agility mean to us? If you read our post on the four pillars of Meghnad Desai Academy of Economics, you already know what we stand for (if you haven’t, you can read it here). Let’s talk about what we mean by Agility as one of our pillars. To be agile is to be able to move quickly and easily. How does being agile become a USP for an educational institution? 1. Curriculum MDAE is an autonomous institute of the highest caliber. This means that we have the freedom to create our own curriculum and not be bound by the regulations of the university. This freedom allows us to constantly change the curriculum to meet the needs of the corporate world. The Board at MDAE, which comprises of the Chief Economist at Aditya Birla Group, Research Director at IDFC Institute and Deputy Director at IMF, MD at J.P. Morgan and Partner at Aon Hewitt, helps develop the curriculum. These are professionals in the corporate world, the very people that know what skills and knowledge are required. 2. A wide variety of students Our PG Diploma in Economics with a specialisation in Economics, Data Analytics and Public Policy, caters to students from all kinds of backgrounds. We have had students studying here who come from marketing, engineering, statistics, mathematics, economics or they are chartered accountants (CA), and chartered financial analysts (CFA). To Meghnad Desai Academy of Economics, being agile means being nimble and...
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