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Courses at Indira Gandhi Institute of Development Research - Mumbai Courses & Fees 2026
location
Mumbai, Maharashtra
author
FMC Content Team
Updated on 12 January 2026

Indira Gandhi Institute of Development Research (IGIDR), Mumbai, is widely recognized as a premier institution dedicated to advanced research and postgraduate education in economics and development studies. Established in 1987 by the Reserve Bank of India and granted Deemed University status in 1991, IGIDR has cultivated a distinguished legacy of academic excellence and impactful research, making it a pivotal center for economic thought in India.

The institute offers highly specialized academic programs, including a rigorous M.Sc. in Economics with an intake capacity of 60 students and a comprehensive Ph.D. in Development Studies. These programs are meticulously designed to equip students with advanced theoretical foundations and quantitative analytical skills, preparing them for leadership roles in various sectors. IGIDR’s commitment to quality is reflected in its ranking 67th among universities by NIRF 2023.

Its campus, spread across 14 serene acres in Goregaon, Mumbai, provides a focused and stimulating environment. With a dedicated team of 24 faculty members for 206 students, IGIDR maintains a healthy faculty-student ratio of 1:8.5 (2022-23 data), ensuring close mentorship and collaborative learning within a vibrant intellectual community.

The career outcomes for IGIDR graduates are consistently strong. In 2022-23, M.Sc. Economics postgraduates achieved a median salary of ₹14.00 LPA, while Ph.D. graduates secured a median package of ₹15.50 LPA. Alumni excel in diverse roles across top-tier financial institutions, government bodies, international organizations, research think tanks, and academic positions, highlighting the institute''s profound impact on professional development and societal contribution.

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Stream:
Degree:
2 Specializations
2 Years
Offline

₹50,000/year

eligibilityELIGIBILITY

Graduation

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Ph.D.
2 Specializations
3 Years
Offline

₹50,000/year

eligibilityELIGIBILITY

Post Graduation

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