In shortRBI research internship is a six-month programme for postgraduates in Economics, Statistics, Econometrics, Finance or MBA Finance holders. Stipend is Rs 45,000 per month. Maximum 20 interns yearly across four departments. Renewable in six-month blocks up to two years. Based in Mumbai.
Key facts
- Offered by
- Reserve Bank of India
- Stipend
- Rs 45,000 per month
- Duration
- Six months, renewable in six month blocks up to a maximum of two years
- Location
- Mumbai
The Reserve Bank of India research internship is aimed at people who want to do serious economic or statistical research rather than get a general tour of the central bank. Interns are attached to one of four research heavy departments, covering economic and policy research, statistics and information management, financial stability and international relations, and they work on live research questions alongside bank economists.
It is unusually well paid for an internship and unusually long, running six months at a time and renewable in six month blocks up to a maximum of two years, which makes it closer to a research assistantship. Candidates are expected to hold a postgraduate degree in economics, statistics, econometrics or finance, or a comparable technical qualification, with working knowledge of statistical software an advantage. Applications are made directly to the chosen department, and intakes begin in January and July.
Who is eligible
- Postgraduate degree in Statistics, Econometrics, Economics, Banking or Finance, or an MBA in Finance, depending on the department applied to
- Department of Statistics and Information Management also accepts B.E. or B.Tech in Computer Science and Data Science qualifications
- Department of Economic and Policy Research expects strong quantitative skills alongside the qualifying degree
- Proficiency in econometric and statistical software such as Stata, R or Python is desirable, as is familiarity with machine learning techniques
- A maximum of 20 interns are taken each year across the four participating departments
- Shortlisted candidates are called for an interview
Frequently asked questions
Who is eligible for RBI research internship?
Postgraduates with degrees in Statistics, Econometrics, Economics, Banking or Finance, or MBA in Finance. Department of Statistics and Information Management also accepts B.E./B.Tech in Computer Science and Data Science. Strong quantitative skills required.
What is the stipend for RBI research internship?
Rs 45,000 per month for the duration of the internship.
How long is the RBI research internship?
Six months initially, renewable in six-month blocks up to a maximum of two years total. Intakes begin in January and July.
How many interns does RBI take each year?
A maximum of 20 interns are selected annually across the four participating research departments.
What skills are desirable for RBI research internship?
Proficiency in econometric and statistical software such as Stata, R or Python is desirable. Familiarity with machine learning techniques is also preferred.
Where is RBI research internship based?
The internship is based in Mumbai. Interns are attached to one of four research departments: Economic and Policy Research, Statistics and Information Management, Financial Stability, or International Relations.
Before you apply: confirm every date, fee and eligibility rule on the official website linked on this page. Public and Policy is an independent portal, not a government body, and details change without notice.
