RBI Research Internship

RBI Research Internship is aimed at individuals who have completed graduation and wish to pursue PhD in economics, banking, finance or related fields, or to move to positions in government research institutions or financial institutions that require a quantitative and analytic orientation.

RBI Research Internship Scheme 2016

The Reserve Bank of India (RBI) has introduced a Research Internship Scheme to provide an opportunity to young individuals to expose themselves to cutting edge research in central banking.

Highlights of the Scheme

RBI Research Internship Scheme

  • The intern would assist and collaborate with the Reserve Bank researchers on projects to provide policy inputs and papers targeted for publication at quality economics and finance journals.
  • The intern would assist in compiling accurate and timely data and help with the relevant analytical statistical and econometric tools necessary to execute the research projects.
  • The intern may transition to writing research and policy articles of appropriate quality.


Qualifications for Internship

RBI Research Internship Scheme

Applicants should have completed 3 year undergraduate degree plus one extra year of post-graduate studies or 4 year integrated courses such as B.Tech or B.E. before joining. The Reserve Bank seeks motivated candidates with quantitative oriented degrees in economics, finance, or statistical sciences or those with expertise in computer or data analytics or engineering. Programming skills or ability to acquire them are necessary.

The Reserve Bank’s work environment will give candidates many opportunities to learn and participate in research. Candidates should be keenly interested in the Reserve Bank’s core areas of research and also be able to derive benefit from our work in these areas. The opportunity will be open to domestic as well as foreign students.

Work experience is not a pre-requisite.

Mode of Application

RBI Research Internship Scheme

Selections will be done twice a year depending on the Reserve Bank’s requirements in a manner that the internship commences from January 1 or July 1. Application window will remain open during first five months of the corresponding half-year.
Candidates will be shortlisted by the Reserve Bank based on the CV, references and statement of purpose and will be called for personal interview. Interested candidates are encouraged to send their CV, references and statement of purpose through e-mail to the email id relevant to the desired Research Area/Department.

Method of Selection & Duration

The Reserve Bank would select a maximum of 10 interns every year. Placements would be in departments such as Department of Economic and Policy Research (DEPR) / Department of Statistics and Information Management (DSIM) / Strategic Research Unit (SRU).

The internship will be for a period of 6 months extendable for another 6 months based on the needs of the unit and the performance of the intern. Exceptional performers might be considered for further extension (total internship period may be for a maximum period of two years with a provision for renewal every six months).
The internship is based at Mumbai, India.

Facilities Provided

The Reserve Bank would provide office space, internet connectivity and other support facilities to the interns. The Reserve Bank would pay a stipend of Rs. 35,000 per month. Interns will be required to make accommodation arrangements of their own.

Latest Job Updates from RBI

For more information log on to https://www.rbi.org.in/


With inputs from IIFL




  1. I am in MA( ECONOMICS) first year. When can I apply for the internship ? They have asked for undergrad+ one year of post grad. So, should I apply in January 2017 in order to get selected in the July 17 batch (by that time I ll complete my first year) , or should I apply in July of next year? Please help. Thanks

  2. As per qualification, you may not be elligible.
    Still give it a shot.
    The elligibility rules are not hard and fast

  3. I am graduate. I have not completed my post graduation but I have completed my CA Inter… Am I eligible for this??

  4. The Statement of Purpose is the single most important part of your application that will tell the admissions committee who you are, what has influenced your career path so far, your professional interests and where you plan to go from here.

    As the name signifies, the Statement of Purpose is your personal statement about who you are, what has influenced your career path so far, your professional interests and where you plan to go from here. It need not be a bald statement of facts; several successful SoPs address these questions through anecdotes, stories or by describing their hero. But whether your SoP is subtle or to the point, it must be well written to be successful.

  5. I m completing my pg this year by business administration …am I eligible for this?

  6. ge sir …sir i want to apply in this RBI internship program…plz can u give me the link to apply…or make this thing a bit more clear. thnx

  7. No Shashank. The minimum eligibility is either 4 years of graduation or 3 years of graduation plus masters. Apply after completing your masters degree or after 2 semesters of your masters degree.

  8. I hve completed 3yrs bms in finance later also completed 2yrs mcom correspondence nw pursuing pgdfm m i eligible for this internship??

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