SEBI ITD Internship Program

What is the SEBI ITD Internship Program?

The SEBI ITD Internship Program is an internship run by the Information Technology Department (ITD) of the Securities and Exchange Board of India (SEBI), the market regulator that functions under the Ministry of Finance. According to SEBI's guidelines, the program provides hands-on training to students of institutes based in and around Mumbai and accepts up to 15 interns.

Interns work on Information Technology (IT) projects, including Data Analytics (DA), regulatory business processes and reporting, and FinTech. The projects let interns apply their IT and data-analytics skills while gaining exposure to the functioning of the Indian capital markets, a combination that is uncommon in a standard campus internship.

Key features

• Run by SEBI's IT Department, headquartered at Bandra Kurla Complex, Mumbai.
• Intake of up to 15 interns from institutes in and around Mumbai.
• Duration of at least one contiguous year.
• Stipend of Rs 25,000 or Rs 30,000 per month, depending on days worked.
• Focus on IT, data analytics and FinTech projects.

Who is eligible for the SEBI ITD Internship Program?

According to SEBI's guidelines, the eligibility conditions are specific and technical.

You can apply if you meet all of these:

• You are a student pursuing a full-time MBA/MCA or equivalent degree or diploma of two years' duration from an eligible institute.
• You hold a full-time graduate degree in engineering or a BCA degree.
• You have a strong aptitude for computer programming and data analytics.
• You have secured a minimum 60% aggregate marks at graduate level or equivalent CGPA.
• You are not more than 30 years of age as on 1 January of the respective year.
• You are an Indian citizen.

A basic understanding of financial markets is desirable but not mandatory.

You cannot apply if:

• Your institute is not based in or around Mumbai. The program draws from institutes in that region.
• You do not have an engineering graduate degree or a BCA as your underlying qualification.
• You are over 30 years as on 1 January of the year, or scored below 60% at graduate level.
• You are not an Indian citizen.
• You try to apply directly without being nominated by your institute — candidates are routed through the institute's expression of interest.

How much does the SEBI ITD internship pay?

The stipend depends on how many days a week the intern works at SEBI:

• Three days a week: Rs 25,000 per month, with 9 leaves.
• Four days a week: Rs 30,000 per month, with 12 leaves.

In addition to the stipend, SEBI offers:

• Unfurnished shared accommodation for outstation candidates, subject to availability.
• Public holidays as observed by SEBI.
• Lunch at the SEBI office.
• A certificate of completion of the internship program.

Interns are required to spend at least three days a week at SEBI, excluding Saturdays, Sundays and public holidays.

What documents are required?

How to apply for the SEBI ITD Internship Program

The program is applied for through the candidate's institute, not by an individual online form. According to SEBI's guidelines:

1. Confirm your institute is eligible and based in or around Mumbai, and that you meet the age, degree and marks conditions.
2. Ask your institute to express interest in the SEBI ITD Internship Program using the prescribed format (Annexure-1), along with the relevant enclosures.
3. Submit your candidate profile to the institute in SEBI's prescribed format (Annexure-2) so it can be forwarded with the institute's application.
4. The institute sends the application to the Chief General Manager, Information Technology Department, SEBI Bhavan, C4-A, G Block, Bandra Kurla Complex, Bandra (East), Mumbai 400051, by the date stated in SEBI's notice.
5. Await selection by SEBI's IT Department; selected candidates are informed through their institute.

Because the original public notice carried a 2019–20 timeline, prospective applicants should check SEBI's Careers section for the current year's notice and deadline before submitting.

Points applicants most often get wrong

• You cannot apply directly, the institute nominates you.
• The internship is a year-long commitment, not a short summer stint.
• The stipend depends on days per week (Rs 25,000 for three days, Rs 30,000 for four).
• The core requirement is IT and data-analytics aptitude, not finance knowledge.

Help and where to check the current notice

• SEBI toll-free helpline: 1800 22 7575, 1800 266 7575
• Program contact: Chief General Manager, Information Technology Department, SEBI Bhavan, Bandra Kurla Complex, Mumbai 400051
• Notices: the Careers section of sebi.gov.in

Confirm the current year's intake and deadline on the SEBI website before applying, as the published guidelines carry an earlier application timeline.

How to check your application status

Since there is no individual online application form for this internship, there is also no applicant login or tracking ID system on the SEBI website. Status updates flow through the institute that nominated the candidate, in the same way the application itself was routed.

• Ask your institute's placement or internship coordinator first. SEBI communicates shortlisting and selection outcomes to the nominating institute, not to individual candidates directly. Your institute is the fastest and most reliable source of an update.
• Check whether SEBI has issued a shortlist or selection list. SEBI's IT Department typically informs institutes in writing (letter or email) once selections are finalised; institutes are expected to pass this on to nominated students.
• Call the SEBI toll-free helpline (1800 22 7575 or 1800 266 7575) only for general queries about the program's current-year notice, timeline or process. The helpline is SEBI's general investor and public helpline, so it can confirm whether a fresh internship notice is live, but it will not carry candidate-specific selection status since candidates never file an individual application with a reference number.
• Watch the Careers section of sebi.gov.in. If a new intake notice or a list of shortlisted institutes and candidates is published, it will appear there rather than through any personal notification to a candidate who applied in an earlier cycle.
• If you have heard nothing after the stated selection timeline, follow up with your institute rather than SEBI directly. Since the institute submitted Annexure-1 and Annexure-2 on your behalf, only it holds a record of what was submitted and when, and any written response from SEBI's IT Department would go to it first.

Common reasons for rejection

Because entry to this internship happens through institute nomination rather than an open individual portal, rejections tend to occur at two points: before an institute forwards a candidate at all, or after SEBI's IT Department reviews the forwarded profiles.

• Institute is not based in or around Mumbai. SEBI's guidelines restrict the program to institutes in that region. A strong candidate profile from an institute outside this catchment will not be considered, since the institute itself is not eligible to send a nomination. There is no fix beyond applying to internships open to your institute's location.
• Underlying qualification does not match. SEBI requires a full-time engineering graduate degree or a BCA as the base qualification, on top of a full-time two-year MBA/MCA or equivalent currently being pursued. Candidates with a non-engineering, non-BCA base degree, even with a strong MBA/MCA record, get filtered out at the profile-review stage. Check this requirement against your own degree chain before asking your institute to nominate you.
• Marks fall short of the 60% aggregate. The 60% aggregate (or equivalent CGPA) is applied at the graduate level. Institutes sometimes forward candidates without checking this threshold carefully, especially where CGPA-to-percentage conversion is ambiguous; get your institute to verify the conversion against SEBI's stated criterion before submission rather than after rejection.
• Age exceeds 30 years as on 1 January. This is a hard cut-off tied to a fixed calendar date, not the date of application or joining. A candidate who turns 30 shortly before 1 January of the relevant year, or who is close to the limit, should confirm the exact cut-off date in the current year's notice rather than assume the previous cycle's date still applies.
• Weak demonstrated aptitude for programming and data analytics. Since the internship is IT and data-analytics focused, SEBI's IT Department screens forwarded profiles for this aptitude specifically, not for finance knowledge (which the guidelines describe as desirable, not mandatory). A candidate profile (Annexure-2) that does not clearly show relevant coursework, projects or programming exposure is more likely to be screened out even if academic marks are otherwise strong.
• Incomplete or incorrectly formatted institute submission. Annexure-1 and Annexure-2 must follow SEBI's prescribed format. A profile forwarded with missing enclosures, an incomplete Annexure-2, or filed after the notice's deadline can be rejected on procedural grounds regardless of the candidate's individual merit. Since the candidate does not submit this directly, confirming with your institute that the paperwork is complete and on time is the only safeguard available.
• Applying directly instead of through an institute. Since SEBI does not accept individual applications for this program, any attempt to apply directly, without institute nomination, is not a valid application in the first place. The remedy is to route the request through an eligible institute's placement or internship cell.