Palladium based nano-alloys are well known for their unique electrocatalytic properties. In this work, a palladium-decorated FeCo@Fe/C core-shell nanocatalyst has been prepared by a new method called microwave-induced top-down nanostructuring and decoration (MITNAD). This simple, yet efficient technique, resulted in the generation of sub-10 nm sized FeCo@Fe@Pd nanocatalysts (mainly 3-5 nm) from a micron-sized (0.21-1.5 mm) FeCo@Fe/C. The electrocatalytic activities of the core-shell nanocatalysts were explored for methanol oxidation reaction (MOR) and oxygen reduction reaction (ORR) in alkaline medium. A negative shift of 300 mV in the onset potential for MOR was observed, with a current thrice that of the Pd/C catalysts. A very low resistance to electron transfer (R ct ) was observed while the ratio of forward-to-backward oxidation current (I f /I b ) was doubled. The overpotential of ORR was significantly reduced with a positive shift of about 250 mV and twice the reduction current density was observed in comparison with Pd/C nanocatalysts with the same mass loading. The kinetic parameters (in terms of the Tafel slope (b) = À59.7 mV dec À1 (Temkin isotherm) and high exchange current density ( j o ) = 1.26 Â 10 À2 mA cm
À2) provide insights into the favorable electrocatalytic performance of the catalysts in ORR in alkaline media. Importantly, the core-shell nanocatalyst exhibited excellent resistance to possible methanol cross-over during ORR, which shows excellent promise for application in direct alkaline alcohol fuel cells (DAAFCs).