Finance Ministry’s DEA is recruiting interns, stipend up to Rs 20,000

Ministry of Finance has invited applications for internship in the Department of Economic Affairs (DEA). The role is open to PhD and postgraduate students working on specific issues such as microeconomic management, economic reforms, capital markets, exchange management, foreign investment. India and Indian investments abroad, monetary policy, and so on.

The duration of the internship can range between 3 to 6 months. Candidates can apply through official website of Ministry of Finance, Department of Economic Affairs (MoF-DEA). The last date for submission of applications is June 16 at dea.gov.in.

On successful selection, postgraduate candidates will get a token remuneration of Rs 10,000 per month, while PhD students will get Rs 20,000 per month. Internship certificates will be issued to the candidates at the end of the internship of at least 3 months.

Ministry of Finance Internship 2022: Eligibility Criteria

To be eligible to apply for the post, candidates should be pursuing a postgraduate (session 2021-2023) or PhD in economics, law, finance or management from institutions ranked in the top 25 as per the National Institutional Ranking Framework.

Ministry of Finance Internship 2022: How to Apply

Step 1: Visit the official website of Ministry of Finance, Department of Economic Affairs (MoF-DEA).

Step 2: Click on the Internship link for ‘Internship Scheme of Department of Economic Affairs for the year 2022-23’.

Step 3: Fill the basic details and register yourself.

Step 4: Indicate the three divisions of interest in order of preference, period of availability and other details to complete the application form.

Step 5: Submit the application form and save a copy for future reference.

Ministry of Finance Internship 2022: Selection Process

Shortlisting of candidates will be done by a committee of senior DEA officers on the basis of application form. Only 15 candidates will be selected for the paid internship, however, the committee may also select an additional 10 interns for the unpaid internship. Candidates will be required to undertake in-depth study on the research topics and divisions chosen in the internship.

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