The Centre for Analytical Finance (CAF) at the Indian School of Business, Hyderabad, considers qualified candidates for the position of Researcher.
- While at CAF, the selected candidates receive training in finance and econometrics, develop a solid grounding in theoretical and applied finance, and work on various research projects. The training and skills gained enable the candidates to contribute to high-quality finance research projects, usually in association with faculty. They also prepare them for admission to doctoral (or equivalent) programmes at premier business schools in the world, leading eventually to a career in finance research at a top-tier business school or research organisation. Initial compensation for finance PhDs from top programmes is very high ($250K), given the dearth of well-trained researchers.
- Their contract as Researcher is renewable annually.
- The total length of their employment at CAF does not exceed 2 – 3 years. They are expected to proceed to higher degree programmes in three years or sooner. The exact period can be mutually negotiated.
- They are required to help with other CAF activities, including organisation of research databases, conferences and workshops.
It is the aim of CAF that all researchers who work with the centre will go on to do a PhD at a top global university. Admission to top-tier PhD programs in Finance is intensely competitive with a large and diverse applicant pool applying for very few seats (1-2% acceptance rate at each top school) The CAF experience allows our researchers to build their research credential, ultimately differentiating them from other applicants.
CAF has a perfect record in placing researchers at top PhD programmes. Some examples of CAF Researchers getting admitted to top programs are as follows:
|Name of the CAF researcher||Joined Finance PhD student at||Year|
|Subhendu Bhowal||MIT Sloan School of Management||Fall of 2014|
|Arkodipta Sarkar||London School of Business||Fall of 2014|
|Saptarshi Mukherjee||New York University’s Stern School of Business||Fall of 2013|
|Rahul Chhabra||The Ross School of Business, University of Michigan||Fall of 2012|
|Siddharth Vij||New York University’s Stern School of Business||Fall of 2012|
|Manpreet Singh||Hong Kong University of Science and Technology||Fall of 2011|
|Naveen Reddy||The Kellogg School of Management,Northwestern University||Fall of 2011|
|Leena Kinger Hans||London School of Business||Fall of 2010|
|Vidya Kamate||The Kellogg School of Management,Northwestern University||Fall of 2009|
|Vishal Mangla||The Kellogg School of Management,Northwestern University||Fall of 2008|
- A strong interest in a research career.
- A strong interest in finance.
- Outstanding academic records, especially at Bachelor’s and Master’s levels.
- Excellent analytical and computing skills.
- MPhil/Master’s in Finance, Statistics, Engineering, Economics, or Business is preferred but not necessary.
- Familiarity with econometric methods will be an advantage.
- Proficiency in programming languages like C, C++, Java is desirable
- Proficiency in the use of computing packages such as SAS, STATA, Matlab etc. is desirable.
How to Apply:
The applications for the post of researchers are accepted round the year.
Your application should include:
- A CV which includes the following:
- Academic performance and grades in all degree programmes. Mention any awards/honours, etc.
- Details of any finance courses taken. Include a short course description with institution information.
- Evidence of proficiency in programming languages and statistical packages, if any
- Work experience, if any.
- Important extra-curricular activities
- Your contact information, including your cell phone number (if any) and your email address.
- Two references, including one from your most recent degree programme.
- A short statement outlining your motivation in applying to CAF as well as your future career goals
Please send your application electronically to CAF@isb.edu