Securities and Exchange Board of India (SEBI) runs the ITD Internship Program for students of institutes based in and around Mumbai, and eligible institutes can send their expression of interest through the official process. The program takes up to 15 interns and gives them a chance to work on real IT projects like Data Analytics, regulatory business processes and FinTech at SEBI.
Interns get a monthly stipend of ₹25,000 for 3 days a week attendance and ₹30,000 for 4 days a week, along with leaves, lunch and a completion certificate. The internship runs for a minimum of 1 year, so it fits into the academic calendar of MBA, MCA and engineering courses. Details of the current invitation are available on the official SEBI careers page, and the contact email for queries is itdinternship@sebi.gov.in.
SEBI ITD Internship Program - Introduction
SEBI's Information Technology Department (ITD) handles the IT systems that support the regulator's work on surveillance, supervision and market operations. Through this program, students from eligible institutes get hands-on training on live projects while the institutes partner with SEBI for the internship period.
Students joining the program work on different IT projects including Data Analytics (DA), regulatory business processes and reporting, and FinTech. These projects give interns a strong chance to apply their technical skills and understand how the Indian capital markets function. A basic understanding of financial markets is useful but not required.
Duration
The internship runs for a contiguous period of minimum 1 year. This can cover 2 semesters and 1 summer/winter internship, or 3 trimesters and 1 summer/winter internship.
Schedule
Interns must attend SEBI at least 3 days in a week, excluding Saturdays, Sundays and public holidays.
Key Information
| Scheme Name | SEBI ITD Internship Program |
|---|---|
| Level | Central |
| Scheme For | Individual |
| Beneficiary States | All |
| Category | Education & Learning |
| Target Beneficiaries | Individual |
| Sub Category | Internship |
| Benefit Type | Composite |
| Nodal Ministry | Ministry of Finance |
| Nodal Department | Department of Financial Service |
| Implementing Agency | Securities and Exchange Board of India |
| Tags | Internship, Student, FinTech, Business, Data Analytics |
Students looking for similar paid training in government departments can also check the Prime Minister's Internship Scheme and the CAG Internship Scheme for more options.
Benefits
Interns get a monthly stipend based on the number of days they attend the internship each week. The stipend amounts are fixed by SEBI as per the official invitation.
Stipend (₹)
| Attendance | Monthly Stipend |
|---|---|
| 3 days per week | ₹25,000 |
| 4 days per week | ₹30,000 |
Leaves
| Attendance | Allowed Leaves |
|---|---|
| 3 days per week | 9 days |
| 4 days per week | 12 days |
Accommodation
Unfurnished shared accommodation is available for outstation candidates, subject to room availability. No extra payment is made if accommodation is not available.
Certificate
Interns receive a formal certificate of completion from SEBI at the end of the internship.
Other Perks
Interns can observe public holidays as per the SEBI calendar, and the office provides lunch during the internship days. The liability of SEBI is limited to the monthly stipend, and no travel allowance is paid.
Eligibility
To apply for the program, students need to meet the criteria set by SEBI. The institute must also be an eligible institute based in and around Mumbai offering an AICTE recognized full-time MBA/MCA or equivalent two-year degree or diploma.
- You should be a student pursuing a full-time MBA, MCA or an equivalent two-year degree or diploma from an eligible institute.
- You should hold a full-time graduate degree in engineering or a BCA degree.
- You should have a strong aptitude for computer programming and data analytics.
- You should have at least 60% aggregate marks or equivalent CGPA at the graduate level.
- Your age should not be more than 30 years as on 1 January of the application year.
- You must be an Indian citizen.
Note: A basic understanding of financial markets helps during selection, but it is not mandatory.
Application Process
Application for the SEBI ITD Internship Program is done by the eligible institute, not directly by students. The institute sends an expression of interest to SEBI in the prescribed format along with profiles of interested candidates.
STEP 1 - Download the prescribed format for expression of interest (Annexure 1) and the candidate profile format (Annexure 2) from the official invitation document.
STEP 2 - Fill in the details of the institute and the course structure, and attach the profiles of interested eligible candidates.
STEP 3 - Send the complete application to the Chief General Manager, Information Technology Department, SEBI Bhavan, C4-A, G Block, Bandra Kurla Complex, Bandra (East), Mumbai - 400051, Maharashtra, India.
SEBI looks at the expressions of interest and shortlists institutes and candidates. Shortlisted candidates appear for interviews at the SEBI head office, and SEBI informs the institutes about the selected candidates. Institutes can check the latest invitation on the official SEBI ITD Internship page and send their queries to itdinternship@sebi.gov.in.
Documents
Institutes need to submit the prescribed format (Annexure 1) along with the detailed profiles of interested candidates in the Annexure 2 format. The formats are given in the official invitation document linked below.
- Expression of interest in the prescribed format (Annexure 1) with relevant enclosures.
- Profiles of interested eligible candidates in the specified format (Annexure 2).
- Details of the proposed course structure showing how the internship fits into the academic calendar.
References
Official SEBI ITD Internship Program page
View Official EOI Guidelines (Annexure 1 and 2 formats)
FAQ's
How many interns does SEBI ITD Internship Program accept?
The program accepts up to 15 interns, as per the official invitation.
What kind of projects will interns work on?
Interns work on different IT projects including Data Analytics, regulatory business processes and reporting, and FinTech.
What is the duration of the internship?
The internship runs for a contiguous period of minimum 1 year, covering 2 semesters or 3 trimesters including summer or winter breaks.
What is the weekly schedule at SEBI?
Interns attend at least 3 days every week, excluding Saturdays, Sundays and public holidays.
Who can apply for the program?
Indian citizens under 30 years of age who are pursuing a full-time MBA, MCA or equivalent two-year degree, holding an engineering or BCA degree with at least 60% marks, and having a strong interest in programming and data analytics.
Is knowledge of financial markets required?
No. A basic understanding of financial markets is desirable but not mandatory.
What facilities are provided to interns?
Interns get a monthly stipend of ₹25,000 to ₹30,000 based on attendance, annual leaves, office lunch and shared accommodation for outstation candidates, subject to availability.
How does an institute apply?
The institute sends an expression of interest in the Annexure 1 format along with candidate profiles in the Annexure 2 format to the SEBI ITD office in Mumbai.
Where should applications be sent?
Applications go to the Chief General Manager, Information Technology Department, SEBI Bhavan, C4-A, G Block, Bandra Kurla Complex, Bandra (East), Mumbai - 400051.