RBI (Reserve Bank of India) is inviting applications from young individuals to be a part of its research internship program and expose themselves to cutting edge research in central banking.
Objective of Research Internship
The RBI Research Internship is best suited for individuals who have been in college relatively recently and wish to move on to pursue Ph.D. in Economics, Banking, Finance or related fields, or to positions in government research institutions, or financial institutions that require a quantitative and analytic orientation.
Roles Description
The opportunity will be open to domestic as well as foreign students. Strong motivation is critical. Our work environment will give candidates many opportunities to learn and participate in research. Candidates should be keenly interested in our core areas of research and be able to derive benefit from our work in these areas.
The Intern
- Will assist and collaborate with RBI researchers on projects to provide policy inputs and papers targeted for publication at quality economics and finance journals.
- Will assist in compiling accurate and timely data and assist with the relevant analytical, statistical and econometric tools necessary to execute the research projects.
- May transition to writing research and policy articles of good quality.
No. of Interns– 20
Eligibility
Educational Qualification
- DSIM : Post Graduate in Statistics / Econometrics / Economics or B.E. / B.Tech. (Computer) or MBA (Finance)
- DEPR : Post Graduate in Economics / Banking / Finance or MBA (Finance)
- SRU : B.Tech. or B.E. or Post Graduate with quantitative – oriented degrees in Economics / Finance / Statistical Science or those with expertise in Computer or Data Analytics. Programming skills or ability to acquire them are necessary.
- ID : Post Graduate degree in Economics / Statistics / Finance / International Finance / International Trade / MBA with specialization in finance / Banking / International Relations.
Desirable Qualification
Proficiency in applied econometrics and quantitative techniques; familiarity with some econometric software (e.g. Stata / Eviews / Matlab / R / Gauss).
Work Experience
Not a pre-requisite
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Mode of Selection
- Candidates are required to share their CV, References, and Statement of Purpose.
- Interview
Duration
- The RBI Internship Duration will be for 6 months which can be extended for another 6 months based on the needs of the unit and the performance of the intern.
- Total internship period may be for a maximum period of two years
- Interns are required to serve a notice period of at least one month must be served.
Benefits
- RBI will provide following benefits:
- Office space, internet connectivity, and other support facilities
- Stipend of Rs. 45,000 PM
- Leave at the rate of 12 days per six months
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Location
Mumbai
Application Procedure
- Interested candidates are asked to select the department of their choice namely DEPR, DSIM, SRU and ID.
- After selecting the department candidates are asked to fill the form and share it to the email id of the respective department.
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