What Do RAs Do

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 a research organisation. Also, during this period, they are extensively involved in organising the conference, workshops and speaker sessions, which provides them a holistic learning opportunity. Further, they are involved in research database preparation.

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.


  • Outstanding academic records, especially at Bachelor’s and Master’s levels
  • MPhil/Master’s in Finance, Statistics, Engineering, Economics, or Business from a top institute is preferred
  • 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
  • A strong interest in finance.

Financial Support

The financial support provided by the CAF is as per the international standards. In India, it is among the highest paid Research Associate program.

How to Apply

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
To apply, please send your CV and covering letter to CAF@isb.edu.


RA Placements




Avinash Kumar Pandey Emory University Fall of 2022
Sharad Hotha RA at University of Chicago 2022
Nithin Mannil London School of Economics Fall of 2022

Meghana Yerabati


Fall of 2021

Jefferson Abraham

London Business School

Fall of 2019

Mohit Desai

Kenan-Flagler Business School, University of North Carolina

Fall of 2019

Venkatesh Ramamoorthy

Tufts University

Fall of 2018

Nishant Vats

Chicago Booth School of Business

Fall of 2017

Yakshup Chopra

Olin Business School, Washington University

Fall of 2017

Abhishek Bhardwaj

New York University's Stern School of Business

Fall of 2016

Gursharan Singh Bhue

Chicago Booth School of Business

Fall of 2015

Arkodipta Sarkar

London Business School

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 Business School

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