Placement assistance is provided to students by the placement cell of the institution. Every year, TIFR Mumbai placements are conducted for the final year students. Companies interested in recruiting students for placements at TIFR Mumbai must follow the TIFR Mumbai placement process; sending invitations to interested companies, registration, pre-placement talks and selection tests. According to the TIFR Mumbai placement report for postgraduate courses for 2019-20 (as per the NIRF report), 14 students were eligible for placements, out of which 12 received job offers with a median salary of Rs. 3,60,000. On the other hand, 4 students opted for higher studies after completion of a 3-year postgraduate course at TIFR Mumbai. The median salary offered to students after completing a postgraduate 3-year course at Tata Institute of Fundamental Research Mumbai was Rs. 4,80,000.