Research Internship in Mumbai | Department of Economic and Policy Research, Reserve Bank of India

Reserve Bank of India (RBI)

The Reserve Bank of India is the country’s central bank, responsible for monetary policy, financial stability and regulation of the banking system. Its Research Internship Scheme gives young researchers exposure to cutting-edge work in central banking, economics and finance.

Role

As a Research Intern in RBI’s Department of Economic and Policy Research (DEPR), you will support policy-focused research on macroeconomic issues such as monetary policy, financial markets, forecasting and financial stability, contributing to projects that feed into DEPR’s publications, research chairs and fellowships. The internship runs for 6 months, extendable up to 2 years, and is based at RBI’s Mumbai office.

Responsibilities

• Assist and collaborate with RBI researchers on projects producing policy inputs and papers for publication in quality economics and finance journals
• Help compile accurate, timely data and apply analytical, statistical and econometric tools needed for research projects
• Take on opportunities to write research and policy articles as skills develop
• Support DEPR’s work on monetary policy, financial markets, macroeconomic forecasting and emerging areas such as green finance

Requirements

• Postgraduate degree in Economics, Banking or Finance, or an MBA with a Finance specialisation
• B.Tech or B.E., or a postgraduate degree with a quantitative orientation in Economics, Finance or Statistical Science, also considered
• Expertise in computer science or data analytics is an alternate pathway
• Programming skills, or the ability to acquire them, are necessary
• Proficiency in applied econometrics and quantitative techniques is desirable
• Familiarity with econometric software such as Stata, Eviews, Matlab, R, Gauss, Python, Tableau or Power BI
• Knowledge of machine learning techniques and demonstrated research experience preferred
• No prior work experience required

Benefits

• Hands-on exposure to cutting-edge research in central banking, economics and finance
• Mentorship from RBI researchers
• Office space, internet connectivity and other support facilities provided
• Opportunity to contribute to papers targeted at quality economics and finance journals
• Possible extension up to a maximum of two years for strong performers

Apply

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