Mumbai: 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.
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.
Comments
| Quick linksNews
National
International
Regional
Politics
Education & Career
Business
Science & Technology
Health
Views & Analysis
The Funny Side
© 2012 Awaz Multimedia & Publications. All rights reserved.
Syria conflict has entered its fifth year with the government emboldened by shifting international attention and a growing humanitarian crisis exacerbated by the rise of the Islamic State of Iraq and the Levant (ISIL), news agencies reported. .... More
MIM blames Samajwadi Party government in Uttar Pradesh for the decision, threatens to challenge it in High Court
Permission for the All India Majlis-e-Ittehadul Muslimeen (MIM) chief and Hyderabad MP Asaduddin Owaisi has been refused permission to hold a rally in Allahabad on March 15 has been withdrawn .... More
Scores of Youth Congress workers also protested outside the residence of Home Minister Rajnath Singh over the incident. The Congress' youth organisation claimed that two workers were injured in police action........ More
40% of meat consumed locally, rest all are exported to other countries, a study by ummid.com reveals
The study also found that except for Allana Sons, a 1969 company which has a major share in frozen meat export from India, and few other smaller players who are Muslims, majority of meat exporters and owners of modern abattoirs, and those associated with other related industries like bone, leather ....... More
Soon after the above incident the mainstream media that had been mostly ignoring the instances of sexual harassment of women until then changed its attitude and started reporting them. What followed was a flood of daily reports of molestation of women ....... More
While the firm announced the move is because of his age as Facebook requires users to be at least 13- years-old, Pearson believes the social media site has singled him out, NY Daily News reported.. .... More
While the firm announced the move is because of his age as Facebook requires users to be at least 13- years-old, Pearson believes the social media site has singled him out, NY Daily News reported.. .... More
Also Read: 8th All India Holy Quran competition opens at Jamia Islamiya Akkalkuwa