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

  • UGC
  • NAAC

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]

1 courses • 2 years • Full Time
INR 25000Average tuition fees
INR 15,00,000Median salary
--Exams accepted
31 May - 11 Jul 2025Application date

Ph.D (Economics)

1 courses • 3 years • Full Time
INR 25000Average tuition fees
INR 15,00,000Median salary
--Exams accepted
31 May - 11 Jul 2025Application date

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)

Ph.D (Economics)

1

Courses

3 yrs

Duration

6

Total Seats

INR 25,000 - 25,000

Tuition Fees

--

Exams

POST GRADUATION

Eligibility

1

Courses

2 yrs

Duration

50

Total Seats

INR 25,000 - 25,000

Tuition Fees

--

Exams

Graduation

Eligibility

FAQs related to Admissions

Ph.D. in Development Studies is the most popular course at IGIDR.

Applicants may be qualified with the following qualities for joining an M.Sc. course at Indira Gandhi Institute of Development Research.

  • Applicants must have a B.A./B.Sc. degree in Economics/B.Com./B.Stat./B.Sc. (Physics or Mathematics)/B.Tech./B.E. or equivalent degrees with at least 55%.
  • Applicants should have passed 10+2 with Mathematics.

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

FAQS

At IGIDR, placement opportunities for Ph.D. holders are outstanding. A majority of Ph.D. holders are placed as faculty members in leading academic institutions or research institutes in India and abroad, including;

  1. Centre for Development Studies
  2. Delhi School of Economics
  3. UNESCO Paris
  4. Indian Council for Research on International Economic Relations
  5. National Council of Applied Economic Research
  6. National Institute of Public Finance and Policy

Some of the top recruiters at the placement drive of IGIDR are ICICI Bank, American Express, IDBI First Bank, Deloitte, etc.

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


Facilities

FAQs related to Infrastructure programs

The IGIDR offers research on various disciplines, including Economic History, Economic Reforms and Macroeconomic Policies, Financial Sector & Banking, International Trade and Exchange Rates, Industrial Organization & Industrial Economics, etc.

Yes, there are scholarship facilities at the Indira Gandhi Institute of Development Research.