The Reserve Bank of India (RBI) is offering an incredible opportunity for students to apply for its 2025 Internship Program. This free internship allows you to gain valuable experience and insight into the workings of one of India’s most prestigious institutions, all while earning a monthly stipend of Rs. 45,000.
Whether you’re pursuing a career in finance, economics, or related fields, this internship is an ideal way to enhance your skills and boost your resume. Don’t miss out on this unique chance to work with industry experts and explore the world of central banking
Qualification / Experience
Eligibility :
- DSIM : Post Graduate in Statistics / Econometrics / Economics or B.E. / B.Tech (Computer) or MBA (Finance) or Degree in Data Science/ B.E. / B.Tech. /B.Sc. (Computer Science)/M.Sc.in Applied Statistics, Data Science and Data Analytics
- DEPR : Post Graduate in Economics / Banking / Finance or MBA (Finance) / 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.
- FSD : Post Graduate in Statistics / Economics / Econometrics / Finance or MBA with specialisation in Finance / Banking
- 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 and knowledge of Machine Learning techniques (e.g. Stata / Eviews / Matlab / R / Gauss/ Python/ Tableau/ Power BI). Demonstrated research experience preferred.
Work Experience : Not a pre-requisite.
Stipend for RBI Free Internship 2025
RBI will provide office space, internet connectivity and other support facilities to the interns.
RBI will pay a stipend of ₹45,000/- (Forty-Five Thousand only) per month.
The interns will be entitled to leave at the rate of 12 days per six months (leave will be calculated on pro rata basis for any fractional period) and any absence beyond the above period will be treated as leave without compensation.
Interns will be required to make accommodation arrangements of their own.
Duration
- The internship will be for a period of 6 (six) months extendable for another 6 (six) 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 intern should necessarily complete the 6 months internship period after selection and if he / she decides to terminate the same, a notice period of at least one month must be served. If under any circumstances, the intern is unable to serve the notice period he / she would have to pay an amount equivalent to one month’s stipend.
- The internship is based at Mumbai, India.
- Reserve Bank reserves the right to terminate the internship with a notice period of one month without giving any reason.
Selection Process :
- The Bank would select a maximum of 20 interns every year.
- Placements would be in four departments of RBI namely DEPR / DSIM / FSD and ID.
- Interested candidates as per their choice of area of research should apply directly to the concerned department at the address as mentioned below with CV, References and Statement of Purpose.
- Candidate will be shortlisted by the Reserve Bank based on their CV, References and Statement of Purpose and will be called for personal interview.
- The details of each of the departments (DEPR / DSIM / FSD / ID) is mentioned below.
How to Apply/ Register: CLICK HERE (to apply before the link expires)
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