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Indira Gandhi Institute of Development Research - IGIDR Mumbai Placement 2026 Placements
location
Mumbai, Maharashtra
author
Abhijeet Chatterjee
Updated on 12 January 2026

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

ParameterStatistics
Placement Year2024-25
Highest CTC₹20.20 LPA
Average CTC₹20.20 LPA
Students Placed20
Top RecruiterAmerican Express
Placement CellPlacecom

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.

YearHighest CTCAverage CTCMedian CTCPlacement %Companies
2024-25₹18 LPA₹15 LPA₹20.20 LPA80%American Express, IIT Kanpur, Boston Analytics, Citigroup
2023-24₹18 LPA₹15 LPA₹20.20 LPA80%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

MetricDomestic (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

CategoryCompaniesOffers
Total Recruiters4

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.

BranchEligiblePlaced%HighestAverage
M.Sc. Economics70-80%₹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

PhaseTimelineActivities
Main PlacementDecember 12th to 16th, 2025Interview 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

ParameterIndira Gandhi Institute of Development Research - IGIDR MumbaiSymbiosis School of EconomicsDepartment 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

ComponentAmount
Total Fee₹0.64 Lakh
Hostel & Mess₹0.05 Lakh
Total Investment₹0.69 Lakh

Returns

MetricValue
Average CTC₹20.20 LPA
ROI29.28x
Payback Period0.03 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

DetailInformation
Placement Cell NamePlacecom
Websitehttp://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

NameBatchCurrent Position
Dr. Raghuram RajanClass of 1991Former Governor of the Reserve Bank of India, Professor at the University of Chicago Booth

Placement Reports

DocumentYearDownload Link
Placement Brochure2023-24https://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.

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