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.

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


With inputs from IIFL