RBI Scholarship for Faculty Members from Academic Institutions

Applications are invited by Reserve Bank of India (RBI) for Scholarship Scheme for Faculty Members from Academic Institutions. The scholarship scheme for faculty members aims at bringing on board scholars, who would be able to undertake and pursue critical projects successfully and thereby contribute to the Reserve Bank’s research universe. The Reserve Bank of India invites full-time faculty members teaching economics or finance in any UGC or AICTE recognised Universities/ Colleges in India to undertake short-term research in the areas of monetary and financial economics, banking, real sector issues and other areas of interest to the Reserve Bank.

Objectives

The broad objectives of the scheme are:

• To increase awareness about the activities of the Bank amongst faculty members and student community; and
• To provide exposure to faculty members teaching economics and/or finance in different areas/activities of operations in the Reserve Bank.

Eligibility

The eligibility criteria for the scheme are as follows:

• Full-time faculty teaching economics and/or finance in any UGC-recognised Universities/Colleges in India.
• Indian nationals.
• Age below 55 years.

Schedule of the Scheme

• The application, complete in all respect, should reach the Bank latest by May 31, 2018.
• Commencement of the scholarship scheme would be from August 1, 2018.

Selection Procedure

The applicants need to send a research proposal of not more than 1000 words and detailed curriculum vitae along with the duly filled in application form. The candidates will be shortlisted on the basis of the research proposal and curriculum vitae. The shortlisted candidates will then be interviewed by a selection panel. The candidates found suitable would be invited to undertake research on the theme decided by the Reserve Bank.

P.S.: Incomplete application/application received after the due date will not be considered for shortlisting.

Submission of Application

The application in hard copy may be forwarded to ‘The Director, Development Research Group, Department of Economic and Policy Research, 7th Floor, Central Office Building, Reserve Bank of India, Fort, Mumbai - 400 001’. The application should be sent along with detailed curriculum vitae and the research proposal.

Responsibilities

The selected scholar will have the following responsibilities:

• The scholar would be required to submit a research paper/project report that contributes to RBI research activities.
• The scholar should make a presentation of his/her work in a Seminar at Reserve Bank, Mumbai.
• The scholar, if he/she desires to publish his/her research work elsewhere, may do so with prior permission of the Reserve Bank.

For more information please check the Link