Internship Opportunities at State Bank of Pakistan 2010
Bank of Pakistan, the central bank of the country, was established
in July 1948 i.e., within one year after Pakistan gained independence.
Being the central Bank, it regulates the monetary and credit system
of the country to foster its growth in the best national interest
with a view to secure monetary stability and fuller utilization
of the country’s productive resources. The Bank’s operation
also includes preserving the value as well as maintaining stability
in the banking system.
In its continued endeavor to promote monetary and financial stability
to achieve a sustained and equitable growth the Bank holds vast
experience of exercising various monetary controls spread over more
than five decades which interalia include transformation from a
directed monetary regime to market based monetary management as
well as introduction of current account convertibility of the BOP.
For more information please see our website: www.sbp.org.pk
The main objective of offering internship to students from foreign
universities is to provide them an opportunity to work with Bank’s
Research, Monetary Policy and Economic Analysis Departments to explore
economic and financial system policy issues related to Pakistan.
The interns will be working in the above departments of SBP where
they will be required to do empirical work mainly on financial sector,
international finance, international trade and exchange rate issues.
Initially the plan is to offer internship on topics more relevant
to the on-going sustainable development program of Pakistan. While
selecting the topics for research, the interns’ own preferences
and competencies will be considered
8 to 10 weeks (Flexible depending on time needed to complete the
Students pursuing PhD, Masters degree or senior students (final
year) of Bachelors honors program in the discipline of economics
from the prescribed universities (list attached). Further, the students
should have advance knowledge of econometrics so as to meet the
pre-requisite of doing empirical research work and feel comfortable
while interacting with counterparts at SBP
Compensation and Support
State Bank of Pakistan will pay a monthly stipend of Rs 50,000/-
together with free accommodation. Interns will also be provided
transport form their residence to Bank and back.
Economy class return airfare will be paid by State Bank of Pakistan.
Interested students may apply latest by 15th March 2010 by providing
the following details:
1. Application form (Download)
2. Detailed Curriculum Vitae
3. University/college ID card copy
4. 3 passport size photographs
5. Statement of purpose (a clear statement of career goals and aspirations)
6. At least one research proposal including outline of the proposed
work, objectives, expected benefits of internship with tentative
7. Transcripts and certificates (Attested copies)
8. Letter(s) of Recommendation from faculty
9. Research publications, if any
The applications should be addressed to:
Training & Development Department
State Bank of Pakistan
I.I. Chundrigar Road
Tel: +92 21 245 3909
Fax: +92 21 921 3093
to see the list of eligible universities/institutes. New