Are you dreaming of working with the Reserve Bank of India and gaining hands-on experience in high-level economic research? The RBI Research Internship Scheme 2025 might be the perfect stepping stone toward your Ph.D. or a policy-driven career.
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This internship offers a unique chance for young minds to collaborate with RBI’s top researchers on projects that directly influence national monetary and economic policies.
🌟 What is the RBI Research Internship?
The RBI Internship Scheme is designed for students and young graduates who are keen to explore research work in areas like economics, banking, finance, statistics, and data science. This six-month program (extendable to two years) is more than just an internship—it’s a real-world research experience that allows interns to:
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Assist RBI researchers on live policy-driven projects
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Analyze data using tools like Python, R, Stata, or Power BI
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Contribute to research papers for national and international journals
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Gain insights into RBI’s core departments and research methodology
🏛 Departments You’ll Work With
Selected interns will be placed in one of these RBI departments in Mumbai:
| Department | Area of Work |
|---|---|
| DEPR – Dept. of Economic & Policy Research | Macroeconomic research, monetary policy, financial markets |
| DSIM – Dept. of Statistics & Information Management | Data analysis, economic forecasting, surveys |
| FSD – Financial Stability Department | Financial stability analysis, systemic risk research |
| ID – International Department | Global financial diplomacy, regulatory cooperation, IMF-G20 research |
✅ Who Can Apply?
If you’re passionate about research and meet these qualifications, you’re eligible:
General Criteria:
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Recent graduates or postgraduates (preferably < 28 years old)
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Strong academic record in Economics, Finance, Statistics, Data Science, Econometrics, or related fields
Department-wise Qualifications:
| Department | Required Qualification |
|---|---|
| DSIM | PG in Stats/Econometrics/Data Science or B.Tech (CS) |
| DEPR | PG in Economics/Finance/Banking or MBA (Finance) |
| FSD | PG in Economics/Finance/Stats or MBA (Finance) |
| ID | PG in Economics/Intl. Relations/Finance or MBA (Finance) |
Desirable Skills:
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Working knowledge of R, Python, STATA, EViews, Tableau, or ML techniques
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Research experience or published work (bonus!)
📅 Internship Duration & Stipend
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Tenure: 6 months (can be extended to 24 months based on performance)
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Stipend: ₹45,000 per month
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Leave: 12 days for every 6-month period
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Location: RBI Central Office, Mumbai
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Travel Allowance: Not specified (self-arranged accommodation is mandatory)
📑 How to Apply?
Applications are accepted twice a year, for internships starting:
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January batch: Apply between July to November (previous year)
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July batch: Apply between January to May (current year)
To apply:
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Download the Application Form (check RBI’s internship page)
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Prepare your CV, Statement of Purpose, and References
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Email your application directly to the department you’re interested in:
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DEPR: [[email protected]]
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DSIM: [[email protected]]
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FSD: [[email protected]]
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ID: [[email protected]]
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Incomplete applications or missing documents (SOP, CV, or references) may be rejected.
🔒 Important Notes
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No guarantee of job placement at RBI after the internship
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You must sign a declaration of secrecy before joining
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Interns must serve a one-month notice if discontinuing
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The internship can be terminated by RBI with a one-month notice
💬 Final Thoughts
The RBI Research Internship Scheme 2025 is a career-defining opportunity for students passionate about public policy, data science, macroeconomics, and research. Whether you’re aiming for a Ph.D. or planning to step into global financial institutions, this internship gives your resume a serious edge.
Ready to dive into the world of economic policymaking? Don’t miss this chance to learn from India’s apex financial institution.
🔗 Quick Links
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RBI Internship Page: https://rbi.org.in
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Download Application Form: [Check RBI Career Section]
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For queries, contact RBI HR: [email protected]