
Updated on Apr 16, 2025
Itisha Panja
Updated on Apr 16, 2025
Itisha Panja
Indira Gandhi Institute of Development Research was established in 1987 by the RBI to promote research and education in the field of development economics. It is autonomous, operates without external assistance, and is affiliated with Fully funded by the RBI. IGIDR also has postgraduate and doctoral programs in development studies and economics, more or less, among other relevant fields. The institute's reputed academic quality, qualitative research and contribution towards understanding socio-economic issues both in India and globally are researched well by the institute. It offers degrees such as M.Sc. in Economics and Ph.D. in Development Studies. It is a leading institution in areas related to research in development economics and offers a variety of modern facilities, a well-stocked library and state-of-the-art research labs.
Feature | Details |
---|---|
Institute Name | Indira Gandhi Institute of Development Research |
Established | 1987 |
Founder | Reserve Bank of India |
Institute Type | Advanced Research Institute |
Location | Gen. A.K. Vaidya Marg, Film City Road, Goregaon (East), Mumbai – 400065, Maharashtra, India |
Affiliation | Autonomous; Fully funded by the RBI |
Academic Programs | - M.Sc. in Economics- Ph.D. in Development Studies |
Admission Process | Entrance examination conducted by IGIDR; followed by interview |
Official Website | http://www.igidr.ac.in/ |
How to Reach | By Train: Nearest railway station is Goregaon (approx. 4.3 km). By Metro: Nearest metro station is Kurar on Line 2A/7 (approx. 12-minute walk to campus). By Air: Nearest airport is Chhatrapati Shivaji Maharaj International Airport, Mumbai (approx. 11.9 km). |
IGIDR provides postgraduate and doctoral programs in the areas of development studies and economics. The 2-year M.Sc. emphasizes analytical skills and policy-oriented programs. The coursework and dissertation are usually combined in the Ph.D. program, which runs for 4 years, and the emphasis in interdisciplinary research in development studies. IGIDR provides a conducive environment for academic growth, with modern facilities and a focus on research excellence.
Course | Duration | Eligibility | Fees (Per Semester) |
---|---|---|---|
M.Sc. in Economics | 2 years | B.A./B.Sc. in Economics (min. 55%) or B.Com/B.Tech/B.Sc. (Physics/Maths) (min. 60%) | ₹25,000 |
Ph.D. in Development Studies | 4 years | M.A./M.Sc. (min 55%) in Economics | ₹25,000 |
The M.Sc. in Economics and the Ph.D. in Development Studies admission are open for prospective students. For the M.Sc. program, applicants must have a Bachelor's degree in Economics, Commerce, Statistics, or related fields, with a minimum of 55% marks. To qualify for the Ph.D. program, candidates must have a Master’s degree with a minimum of 55% marks in a related field. The selection process includes an entrance examination followed by an interview. Detailed information, including application forms and deadlines, is available on the official IGIDR website.
To apply for admission to IGIDR, follow these steps:
The IGIDR boasts a robust placement record, with graduates securing positions in top-tier organizations across various sectors. The Placement committee manages the placement process such that students are well-prepared for the job market. The academic foundation of IGIDR and the institute's links to industry were also reflected through the fact that IGIDR alumni have been recruited by leading firms engaged in finance, consulting, and research. Pre-placement talks, aptitude tests, group discussions and personal interviews are parts of the placement process of any institute that offers students quite a good chance to upgrade their skills.
Company | Industry | Role Offered |
---|---|---|
American Express | Financial Services | Analyst |
Citi | Banking & Finance | Risk Analyst |
ICICI Bank | Banking | Credit Analyst |
Deloitte | Consulting | Economic Analyst |
PwC | Professional Services | Research Associate |
EY | Professional Services | Economic Consultant |
KPMG | Consulting | Data Analyst |
TCS | IT Services | Business Analyst |
Accenture | Consulting | Strategy Consultant |
Tata Capital | Financial Services | Investment Analyst |
Here are the key facilities provided by IGIDR:
IGIDR offers M.Sc. in Economics, M.Phil., and Ph.D. programs in Development Studies. The courses are designed to foster a deep understanding of economics and development.
The tuition fee for M.Sc. in Economics at IGIDR is ₹50,000 per year.
For M.Sc. in Economics, candidates must have a Bachelor’s degree with a minimum of 55% marks. Ph.D. applicants need a Master’s degree in a related field.
Candidates can apply online through the IGIDR official website. The application process involves filling out an application form and submitting required documents.
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