Indira Gandhi Institute of Development Research (IGIDR) Placement - Average Package & Highest Salary

The Indira Gandhi Institute of Development Research (IGIDR), Mumbai, is a premier research institution focused on economics, energy, and development studies. While it is not primarily known for corporate placements like traditional B-schools, it offers strong academic and research-oriented career opportunities for its students.

Placement Highlights (Approximate Figures)

• Average Salary (PhD & M.Phil): ?12–18 LPA (varies by role and sector)

• Highest Salary (Recent Years): ~?25–30 LPA (for roles in research, policy, or international organizations)

• Key Recruiters: RBI, NABARD, World Bank, IMF, UNDP, think tanks, universities, and government agencies.

• M.Sc (Economics) Placements: Some graduates enter corporate roles (consulting, analytics) with salaries around ?8–12 LPA.

Career Paths

Most IGIDR graduates pursue careers in:

• Research & Academia (PhD holders)

• Policy & Development Organizations (RBI, NITI Aayog)

• International Agencies (World Bank, UN)

• Corporate Sector (Economic consulting, data analytics)

Note:

Since IGIDR is research-focused, salaries vary widely based on the sector (academia vs. corporate). For exact stats, check IGIDR\'s latest placement report or contact their placement cell.