Indira Gandhi Institute of Development Research Mumbai Mumbai: Admissions, Courses, Cutoff, Fees
Mumbai, India • Public
Indira Gandhi Institute of Development Research - [IGIDR], Mumbai, Maharashtra
Overview
The Indira Gandhi Institute of Development Research, or IGIDR, established in 1987, is a premier research institute governed by the Reserve Bank of India (RBI).IGIDR has been accredited and recognized by UGC and NAAC and acts as a deemed university. It ranked 3rd at the state level and 5th in the overall ranking for India in 2024. In addition, NIRF also ranks IGIDR on a rank band of 501-550. The faculty strength at IGIDR is about 26. This institute is famous for economics studies.
The institute offers M.Sc. and Ph.D. programs. IGIDR admission is based on merit through CUET PG and CUET Ph.D. exams. The institute has consistently maintained a 100% placement record since 2004. In 2024, the median package reached was approximately ₹20 LPA. The top recruiters at the institute include ICICI Bank, American Express, and Accenture.
IGIDR: Quick Highlights
Key features of Indira Gandhi Institute of Development Research are tabulated below.
Features | Details |
Top Recruiters | Banks, Research Organizations, Government Institutes, etc. |
Institution Type | Private Research Institute (Deemed to be University) |
Governing Authority | Reserve Bank of India (RBI) |
Recognized By |
|
Accepted Exams | CUET (PG) and CUET (Ph.D.) |
Total Faculty | 26 |
Companies in Campus Placement | Accenture, IDBI First Bank, American Express, etc. |
Programmes Offered | M.Sc. / Ph.D. |
Mode of Application | Online |
Official Website | igidr.ac.in |
Establishment | 1987 |
IGIDR: Ranking
Ranking bodies such as NAAC, UGC, etc. have ranked the Indira Gandhi Institute of Development Research. The survey report by IIRF in 2024 ranked IGIDR Mumbai at 5th position in India and at the 3rd position in Maharashtra State. Check the following table for recognition of the institute.
Ranking Body | Ranking |
NIRF | 501-550 Band |
IIRF (Deemed to be University - India) | 5th |
IIRF (Deemed to be University - State) | 3rd |
Indira Gandhi Institute of Development Research - [IGIDR], Mumbai, Maharashtra
Programs
IGIDR Mumbai offers M.Sc. and Ph.D. programs in economics and related fields. All the courses offered at the research institutes are in the full-time mode. The 1st year fee for the M.Sc. programme is INR 50,000. Delve into the table below for fee details of the IGIDR Mumbai courses.
Courses | Tuition Fees (Per Semester) |
M.Sc. in Economics | INR 25000 |
Ph.D. in Economics | INR 25000 |
Ph.D. in Development Studies | INR 25000 |
Ph.D. in Energy, Environment, & Climate Change | INR 25000 |
Master of Science [M.Sc]
Ph.D (Economics)
Indira Gandhi Institute of Development Research - [IGIDR], Mumbai, Maharashtra
Admissions
Admission is based on merit. The institute accepts the CUET exam for PG and Ph.D. programmes. For more details, study the given table.
Programmes | Eligibility & Entrance Exams |
M.Sc. | Bachelor’s degree in related or allied subjects + CUET (PG) |
Ph.D. | Master’s degree in related or allied subjects + CUET (Ph.D.) |
IGIDR: Admission Dates
For the important dates of the CUET PG 2025 exam, check the table below.
Events | Dates |
CUET PG 2025 Exam Date | March 2025 (Tentative) |
CUET PG 2025 Admit Card | March 2025 (Tentative) |
Indira Gandhi Institute of Development Research - [IGIDR], Mumbai, Maharashtra
Placements
The top recruiters at Indira Gandhi Institute of Development Research are IDBI First Bank, American Express, Accenture, etc. As per the NIRF report of 2024, the median salary package is approximately INR 20 LPA. Check the table below for the placement highlights of 2024.
Key Metrics | Placement Statistics |
No. of Students Placed | 20 |
No. of Students Selected for Higher Studies | 3 |
Median Salary Package | INR 20,20,250 LPA |
Top Recruiters


















Indira Gandhi Institute of Development Research - [IGIDR], Mumbai, Maharashtra
Faculty
Indira Gandhi Institute of Development Research - [IGIDR], Mumbai, Maharashtra
Infrastructure
The Indira Gandhi Institute of Development Research provides hostels, guest rooms, halls, etc. Check more details below.
Facilities | Details |
Classrooms | 4 classrooms with video conferencing system |
Auditorium | 2 halls with a projector, camera, and WIFI with a capacity of around 500 students. |
Hostel | Campus accommodations |
Guest House | 50 rooms for guests |
Recreation | Clubs, table tennis, badminton court, lawn tennis, jogging track, etc. |
Library | For research and reference |
Medical | Doctor available on weekdays |
IGIDR: Hostel
Indira Gandhi Institute of Development Research provides hostels on its campus for men and women. Check the IGIDR hostel fees below.
Hostel | Fees |
MSc Students | ₹200 per month |
PhD Students | 8% of the stipend amount |