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Indira Gandhi Institute of Development Research - IGIDR Mumbai Placement 2026 Placements




The institute attracts a variety of companies for placements, reflecting the diverse skill set of its graduates. However, specific details about the types of companies or new companies added this year are not available.
Graduates from IGIDR Mumbai have secured positions in various sectors, showcasing the quality of education and research at the institute. However, specific details about the roles offered, locations, and sectors are not available.
Table of Contents
Placement Highlights 2025
| Parameter | Statistics |
|---|---|
| Placement Year | 2024-25 |
| Highest CTC | ₹20.20 LPA |
| Average CTC | ₹20.20 LPA |
| Students Placed | 20 |
| Top Recruiter | American Express |
| Placement Cell | Placecom |
Year-wise Placement Trends
IGIDR Mumbai has shown consistent placement performance over the years, with a notable placement rate and competitive salary packages. The institute has maintained strong ties with top recruiters, ensuring good opportunities for its students.
| Year | Highest CTC | Average CTC | Median CTC | Placement % | Companies |
|---|---|---|---|---|---|
| 2024-25 | ₹18 LPA | ₹15 LPA | ₹20.20 LPA | 80% | American Express, IIT Kanpur, Boston Analytics, Citigroup |
| 2023-24 | ₹18 LPA | ₹15 LPA | ₹20.20 LPA | 80% | American Express, IIT Kanpur |
Key Observations
- The placement percentage and salary packages have remained stable from 2023-24 to 2024-25.
- There has been an increase in the number of top recruiters from 2023-24 to 2024-25, with Boston Analytics and Citigroup joining the list.
Salary Statistics 2025
The median salary for placements at Indira Gandhi Institute of Development Research (IGIDR) Mumbai in 2024 was ₹20.20 LPA, indicating a strong placement record for the institute.
Package Summary
| Metric | Domestic (INR) |
|---|---|
| Median CTC | ₹20.20 LPA |
Top Recruiters 2025
The top recruiters at IGIDR Mumbai for the 2024-25 placements include major financial institutions. These companies offer a range of opportunities in the finance and banking sectors, reflecting the institute's focus on economics and development studies.
Recruiter Statistics
| Category | Companies | Offers |
|---|---|---|
| Total Recruiters | 4 |
Consulting & Finance
American Express, Bank of America, Citigroup, Boston Analytics
Placement by Sector
The placement data for Indira Gandhi Institute of Development Research (IGIDR) Mumbai for the year 2024-25 does not provide a specific breakdown between Core Engineering and IT/Software sectors. The available information mentions roles in data analytics, risk analytics, credit risk management, investment banking, quantitative research, data science, consulting, economic research, and marketing analytics, but does not categorize these into Core Engineering or IT/Software sectors.
Branch-wise Placement
The M.Sc. Economics program at IGIDR Mumbai has shown strong placement performance with a placement rate of 70-80%. Graduates from this program have secured roles in banking, policy analysis, and research, with top recruiters including RBI and NABARD.
| Branch | Eligible | Placed | % | Highest | Average |
|---|---|---|---|---|---|
| M.Sc. Economics | 70-80% | ₹12-15 LPA | ₹6-8 LPA |
Branch Highlights
- Best Performing: M.Sc. Economics
- Highest Package: ₹12-15 LPA in M.Sc. Economics
Internships & Pre-Placement Offers
IGIDR offers internships for students in economics and development studies. These internships provide students with practical experience and are part of the institute's academic outreach programs.
Placement Process
The final placement process at IGIDR Mumbai for the academic year 2024-25 is scheduled from December 12th to 16th, 2025. The placement process is conducted online.
Placement Calendar
| Phase | Timeline | Activities |
|---|---|---|
| Main Placement | December 12th to 16th, 2025 | Interview rounds |
Indira Gandhi Institute of Development Research - IGIDR Mumbai vs Competitors
IGIDR Mumbai is compared with Symbiosis School of Economics and the Department of Economics at the Indian Institute of Technology Bombay due to their similar focus on economics education and research. These institutions are known for their strong academic programs and placement records in the economic sector.
Placement Comparison 2025
| Parameter | Indira Gandhi Institute of Development Research - IGIDR Mumbai | Symbiosis School of Economics | Department of Economics, IIT Bombay |
|---|---|---|---|
| Highest CTC | ₹18 LPA | ||
| Average CTC | ₹15 LPA | ||
| Placement % | 80% |
Key Differences
- Indira Gandhi Institute of Development Research - IGIDR Mumbai: Funded by the Reserve Bank of India, IGIDR offers advanced degrees in Economics and Development Studies, emphasizing research and multi-disciplinary perspectives.
- Symbiosis School of Economics: Known for its economics education, often compared favorably to IGIDR.
- Department of Economics, IIT Bombay: Part of a prestigious technical institute, offering economics programs with a strong research focus.
Verdict
Students interested in a strong focus on economics and development studies with a research-oriented approach might find IGIDR Mumbai to be the best fit due to its specialized programs and funding from the Reserve Bank of India. Those looking for a broader technical education alongside economics might prefer the Department of Economics at IIT Bombay. Symbiosis School of Economics could be suitable for students seeking a well-regarded economics program with a different institutional culture.
ROI Analysis
IGIDR Mumbai offers a high return on investment due to its prestigious recruiters and strong academic reputation. The median salary for placements is significantly high, making the education cost-effective.
Cost Breakdown
| Component | Amount |
|---|---|
| Total Fee | ₹0.64 Lakh |
| Hostel & Mess | ₹0.05 Lakh |
| Total Investment | ₹0.69 Lakh |
Returns
| Metric | Value |
|---|---|
| Average CTC | ₹20.20 LPA |
| ROI | 29.28x |
| Payback Period | 0.03 years |
Worth It?
The investment in education at IGIDR Mumbai is highly justified given the high median salary and the low total investment required. The ROI is exceptionally high, indicating that the program offers significant value for money.
Placement Cell
The placement cell at IGIDR coordinates the entire process of placements, including summer internships, pre-placement talks, and executive placements. They ensure a smooth transition for students into various sectors by facilitating interactions between students and potential employers.
Contact Details
| Detail | Information |
|---|---|
| Placement Cell Name | Placecom |
| Website | http://www.igidr.ac.in/placement/ |
Alumni Network
IGIDR Mumbai boasts a strong alumni network that facilitates professional networking among its graduates. The institute's alumni include notable figures like Dr. Raghuram Rajan, enhancing the network's prestige and influence.
Notable Alumni
| Name | Batch | Current Position |
|---|---|---|
| Dr. Raghuram Rajan | Class of 1991 | Former Governor of the Reserve Bank of India, Professor at the University of Chicago Booth |
Placement Reports
| Document | Year | Download Link |
|---|---|---|
| Placement Brochure | 2023-24 | https://media.collegedekho.com/media/institutes/prospectus/igidr_placement_brochure_2023-24.pdf |
Official Placement Page: https://www.igidr.ac.in/placement/
Placement FAQs
What is the median package at Indira Gandhi Institute of Development Research - IGIDR Mumbai?
The median salary offered to PG students at IGIDR Mumbai in 2024 was ₹20.20 LPA.
Which companies are the top recruiters at IGIDR Mumbai?
The top recruiters at IGIDR Mumbai include American Express, Bank of America, Citigroup, and Boston Analytics.
What is the placement rate at IGIDR Mumbai?
In 2024, 20 students received placements from IGIDR Mumbai.
Which branch has the best placements at IGIDR Mumbai?
IGIDR Mumbai offers advanced degrees in Economics and Development Studies, and placements are managed for these programs by the Placecom committee.
Do core companies recruit at IGIDR Mumbai?
Yes, core companies in the finance and economics sectors, such as American Express, Bank of America, and Citigroup, recruit at IGIDR Mumbai.



