MDAE — Meghnad Desai Academy of Economics Admissions Open · 2026–27 | Limited Seat

1-Year PG Diploma in Data Science & Finance, Mumbai

India's only PG Diploma at the intersection of Data Science, Finance, and Technology. Graduates placed at JP Morgan, WhiteOak Capital, Deloitte, and leading fintechs.

  • Specialize in Data Science, Quant Finance, or Fintech with 2 electives of your choice
  • Hands-on training in Microsoft Excel Python, SQL, Power BI, and Machine Learning
  • Alumni at Harvard, LSE, and Oxford for Higher Education programs
  • 100% placement assistance · 2-month industry internship · Scholarships up to 50%
  • Curriculum aligned with evolving industry standards
16LPAHighest CTC
1YearFull-time, classroom
2018Established
As featured in
analyticsindiamag logo dqindia logo financialexpress logo thehindu logo TOI logo indianexpress logo hindustantimes logo

Where our Data Science & Finance graduates land

2024-25 placement data · independently audited

16LPA
Highest CTC
Top offer made in 2024–25.
9.8LPA
Average CTC
Across all placed graduates.
7.5LPA
Median CTC
Half the cohort earns above this.

Where our Data Science & Finance alumni are now

From Mumbai to Cambridge, 10 years of placements

View all alumni
Aniruddh Iyer

Aniruddh Iyer

Assistant Manager,

Batch 2024-25

Tvesha

Tvesha

Study Abroad

Batch 2025-26

Aditya Deorukhkar

Aditya Deorukhkar

Chief Vault Strategist

Batch 2022-23

Kadambari Shah

Kadambari Shah

Study Abroad

Batch 2021 (Data Science)

Top recruiters

JP Morgan Chase logo
Barclays logo
Marcellus logo
Morgan Stanley logo
Deloitte logo
EY logo
CMIE logo
Fractal Analytics logo
Reliance Industries logo
Accenture logo

Career pathways after the program

Where Data Science & Finance alumni work

Policy & Research

Banking & Finance

Consulting

International Organisations

Analytics

Research / Conglomerates

Is this program right for you?

Whether you are a recent graduate, an early-career professional, or planning higher studies abroad, this program is designed to help you build strong economics, data, and policy skills.

This program is ideal for

Learners who want more from economics.

01

Recent graduate

Commerce, finance, engineering, math, physics, psychology, or any discipline. Looking to build a career as a data scientist or financial analyst without a traditional science background.

02

Early-career switcher

0-3 years of work experience in analytics, banking, or IT. Looking to move into data science, quant finance, risk, or fintech roles.

03

Seeking international education

Planning to pursue further education abroad at the London School of Economics, Harvard, or Oxford. Needs rigorous academic preparation and faculty recommendations.

04

Fintech enthusiast

Interested in the intersection of finance and technology. Wants to work in algo trading, wealthtech, insurtech, crypto, or quantitative finance.

Who can apply

Eligibility criteria.

Qualification
Bachelor's degree in any discipline
Marks
50% aggregate or equivalent CGPA.
Backgrounds
Commerce, Engineering, Physics, Mathematics, Psychology, Management, Mass Media, Chemistry, and other diverse fields (science background not mandatory)
Work exp.
Not mandatory. Considered as an additional qualification.
Age
No upper age limit.
Entrance
MDAE entrance test (online); CUET, GMAT, GRE, CAT etc. results accepted.

What you will learn across 22 credits

9 months classroom + 2 months internship

01

Foundation

  • Mathematics and Statistics for Economics
  • Econometrics
  • Microsoft Excel
02

Core Courses

  • Data Programming & Management using Python
  • Core Finance
  • Data Wrangling (Analysis, SQL, Data Visualization)
  • Machine Learning
03

Electives

  • Time Series Econometrics
  • Advanced Econometrics for Policy Analysis
  • Behavioural and Experimental Economics: A Public Policy Perspective
  • Technologies in Finance
  • Corporate Finance
  • Quantitative Finance
  • Agentic AI
04

Internship / Capstone Project

  • Live industry project with partners like Zebpay, Breath AI, and others.

Program highlights

22 academic credits9 months classroom + 2 months internshipContinuous assessmentLive capstone with industry partnersGuest lectures from global faculty

Transparent fee structure

Program Fee

1-year PG Diploma

₹6,25,000+ GST

Total program fee for the 1-year PG Diploma. Instalment options are available.

Up to 50% fee waiver*Merit scholarship (entrance test)

  • EMI options through MDAE's banking and fintech partners.
  • Education-loan support with end-to-end assistance from a dedicated desk.
  • Merit scholarships covering up to half the program fee.

* The decision for awarding scholarships will be based on merit and will be decided post the interview of the candidate.

Funding and EMI Options

MDAE has secured partnerships with several central and private banks and leading fintech players to help students secure education loans. Easy EMI facility available.

  • Easy EMI

    Flexible monthly instalments through partner banks and NBFCs.

  • Quick loan processing

    Pre-verified lenders. Most approvals within 5–7 working days.

  • Dedicated loan desk

    A single point of contact who handles paperwork, follow-ups, and disbursal.

  • To connect with the loan team, students can reach the admissions team at

    +91 70459 99326.
Compare Your Pathways

MDAE vs Other Economics Pathways.

A faster, industry-aligned route for students who want economics, coding tools, placement support, and a pathway to higher studies.

Feature
MDAE PG Diploma Recommended
Regular M.Sc. Data Science
Abroad Higher Education
Duration
1 year (9 months class + 2 internship)
2 years
1-2 years
Total cost
~Rs. 6.25 Lakh + GST
~Rs. 4-6 Lakh
Rs. 80 lakh+
Industry-aligned curriculum
Yes
Rarely
Yes
Finance domain knowledge
Yes, 1/3 of the course
No
Varies
Industry internship
2 months
Varies
Varies
Placement assistance
100% assistance
Limited
None
Pathway to an Abroad Master's
Yes (alumni at LSE, Harvard)
Possible
N/A

Learn from practitioners who build markets, not just teach them

Industry economists from the trading floor. Policy thinkers from the IMF and Reserve Bank. Real datasets, not textbook stylisations.

Industry application

Econ Labs run by economists from JP Morgan, NSE, ICICI, and PWC — applied work, not lectures.

Policy thinking

Sessions led by Goldman Sachs, IMF, and central-bank-trained faculty. Policy as a craft.

Real datasets

Hands-on with Python, R, Stata, and Power BI on live macro and finance data — not toy problems.

Global faculty

Masterclasses with international guest lecturers. Curriculum aligned with LSE, Harvard, Oxford pathways.

Dr. Ajit Ranade

Dr. Ajit Ranade

ex-Chief Economist

Birla Group; ex-VC, Gokhale Institute

Dr. Tushar Poddar

Dr. Tushar Poddar

Macro Strategist, Wellington Mgmt

ex India-Chief Economist Goldman Sachs; ex-IMF

Dr. Niranjan Rajadhyaksha

Dr. Niranjan Rajadhyaksha

Executive Director

Artha India Research

Dr. Mangal Goswami

Dr. Mangal Goswami

Director

China IMF Capacity Development Centre, Shanghai

View all faculty

How to apply: 4 simple steps

  1. Step

    Application

    Fill the online form.

    10 - 15 minutes.

  2. Step

    Entrance test

    Online logic and mathematics test. Conducted remotely.

    60–90 minutes

  3. Step

    Personal interview

    Interview with an MDAE faculty member.

    20–30 minutes

  4. Step

    Offer letter

    Offer letter issued post-interview to successful candidates.

    Within a few days

Secure & simple process

Your data is 100% safe

Need help? We're here.

+91 70459 99326

Alumni Impact

Where MDAE Alumni Are Building Their Careers.

From finance and consulting to research and global universities, MDAE alumni move into high-impact economics pathways.

What students say

Real experiences from real students.

Drumil Shah

MDAE Alumna · Batch 2024

Mahima Soni

MDAE Alumnus · Batch 2021

Mihika Joshi

MDAE Alumnus · Batch 2024-25

Mrityunjay Mundra

MDAE Alumnus · Batch 2018-19

Admission brochure · 2026–27

Download the complete Data Science & Finance brochure

Course curriculum, fees, faculty bios, and the full placement report — in one PDF.

Takes less than 30 seconds. Admissions team will contact you.

Frequently asked questions.

If your question isn't here, call us — admissions answer in office hours.

Do I need a science or data background to apply?
No. MDAE welcomes students from commerce, engineering, management, psychology, mass media, chemistry, and other diverse fields. You do need to demonstrate basic proficiency in Mathematics and Statistics, and the Foundation course will bring you up to speed.
What is the eligibility for the PG Diploma in Data Science & Finance?
A bachelor's degree in any discipline with a minimum of 50% marks from a recognized university.
Why should I do a full-time course and not a part-time analytics course?
Part-time courses teach you how to use tools. MDAE's full-time course teaches you how to build your own models and deep learning software. A full-time course also gives you a real peer network, mentors, and lifelong skills like presentation and public speaking that are critical for corporate success.
How is this course different from other Data Science courses?
It is India's only PG Diploma at the intersection of Data Analytics and Finance, with roughly one-third of the course focused on finance domain knowledge. Financial services and fintech are the largest consumers of data scientists, so this combination opens up premium roles that a pure data science course cannot.
Does this qualify as the 16th year of education for foreign universities?
Yes. Alumni have secured admissions into Harvard, Georgetown, Chicago, Rotman, Boston, Oxford, LSE, and many others for Master's, MBA, and Ph.D. programs over the past 5 years.
Can I be exempted from the entrance test?
Yes. CUET, GMAT, GRE, CAT etc results accepted
What scholarships are available?
Merit-based scholarships of up to 50% fee waiver are available, decided post interview. Details on the Fees section.
What is the fee, and are EMI options available?
Tuition fee is Rs. 6,25,000 plus GST. EMI options are available through MDAE's banking and fintech partners. Contact the admissions team on +91 70459 99326 for details.
Does MDAE assist with accommodation?
Yes. MDAE provides students with a verified list of brokers who help in finding private accommodation in the vicinity of the campus.
Ready when you are

Ready to apply for 2026-27?

Seats are limited and fill fast under our rolling admissions policy. A counselor will call you within 24 hours to walk you through the admission process.

Apply Now Download Brochure Call +91 70459 99326
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