SEBI’s Legal Department is offering a full-time internship at its Mumbai Head Office and select Regional Offices. Interns work on legal research, case summaries and exposure to litigation before the Supreme Court, High Courts and SAT, and receive a ₹10,000 stipend on completion. Applications open only from the 1st to 7th of every month, so timing is everything. Here is everything you need to know about eligibility, the application process and the rules.
| Particular | Details |
|---|---|
| Seats | Max 4 interns per month (Head Office, Mumbai, year-round) |
| Regional Offices | Delhi (Jun-Jul); Kolkata, Ahmedabad, Chennai (May-Jun) |
| Duration | Minimum 4 weeks, starting on the 1st working day of the month |
| Mode | Full-time, physical reporting (9:30 AM – 6:00 PM) |
| Stipend | ₹10,000 (paid on issuance of certificate) |
| Certificate | Issued on successful, satisfactory completion |
Eligibility
| Criteria | Requirement |
|---|---|
| Institution | Law school/university recognised by BCI and UGC |
| Year | 5-yr: 4th or final year; 3-yr: 2nd or final year |
| Marks | Min. 60% aggregate (or equivalent CGPA) in previous semester |
| Age | Below 28 years |
| Exclusion | Students who have already appeared in the final semester exam |
Note: If you have a CGPA, your institution must certify the percentage equivalent in the cover letter. Only that percentage is used in the application.
How to Apply
- Apply only on the SEBI online portal.
- Apply between the 1st and 7th of the month, for the next month’s internship.
- Upload a signed, stamped cover letter on the college letterhead (Annexure I), stating the aggregate percentage. Applications without it in the prescribed format are not considered.
- Selection is merit-based on aggregate marks (plus centre preference for regional offices).
- Shortlisted candidates are informed by email only. SEBI does not respond to status queries.
- Reply to the selection email within 2 days, or the offer goes to the next applicant.
- Once a regional centre is allotted, no transfer requests are entertained.
Work You’ll Do
- Legal research and briefs on securities law issues
- Case summaries and a case compendium on securities markets
- Exposure to litigation before the SC, HCs, SAT, and Special Courts
- Research on foreign securities market developments
- Option to publish a research article on investor protection, regulation or securities market developments (work done at SEBI needs prior permission)
Key Rules
| Rule | Detail |
|---|---|
| Leave | Only for medical emergencies, with proof |
| Absence | Notify the Division Chief immediately, or risk termination without notice |
| Dress code | Formal, in office and during court visits |
| Confidentiality | Undertaking required (Annexure II); violations carry legal consequences |
| Work ownership | Assigned work belongs to SEBI and cannot be published without permission |
| Costs | Interns arrange their own accommodation, transport, and insurance |
| Dropping out | Barred from future SEBI internships |
| Termination | No certificate or stipend; the institution may be informed |
Tip: Applications close on the 7th, so keep your college cover letter and percentage certification ready in advance.
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