Small Industries Development Bank of India (SIDBI) is a premier financial institution tasked with promoting and developing micro, small, and medium enterprises across India. In 2025, SIDBI has issued notification for the recruitment of Senior Economist and Junior Economist on a full-time contractual basis. These roles are part of its efforts to strengthen its research, policy, and strategic decision-making capabilities. The positions demand strong academic credentials in economics, relevant experience, and analytical skills.
Vacancy Details
| Post Name | Total Vacancies | Educational Qualification |
|---|---|---|
| Senior Economist | 1 | Master’s degree in Economics from a recognized university; relevant work experience |
| Junior Economist | 1 | Master’s degree in Economics from a recognized university; less work experience required |
Job Role and Responsibilities
Senior Economist will be responsible for providing strategic inputs on macroeconomic trends, banking & financial developments (both domestic and global) to SIDBI’s top management, participating in policy formulation, conducting primary and secondary research, analyzing economic and investment policy domains, preparing reports and presentations for stakeholders, coordination of research surveys and documentation. Junior Economist will assist in these tasks: gathering data, doing desk research, preparing periodic reports, supporting senior staff in analysis, maintaining economic databases, monitoring economic indicators, and helping with communication of findings.
Eligibility Criteria
Education: Both Senior and Junior Economist posts require a Master’s degree in Economics from a recognized university. A PhD in Economics, Finance, or related fields is desirable especially for the Senior Economist role.
Age: Senior Economist candidates should not be more than 40 years of age as on 30 September 2025. Junior Economist candidates should not be more than 35 years of age as on 30 September 2025. Age relaxations apply as per government norms (for SC, ST, OBC, PwBD etc.).
Experience: Senior Economist requires about 5 years of relevant experience in economic research, policy analysis, banking/finance or similar fields. Junior Economist requires about 1-2 years of relevant experience. Fresh graduates are generally not sufficient.
Nationality: Applicants must be Indian citizens.
Application Process
- Download the official advertisement (Advt. No. 08/2025-26) from SIDBI’s website’s career section.
- Ensure eligibility criteria are satisfied in terms of education, experience, age.
- Prepare your resume / CV showing academic records, research / work experience, publications (if any).
- Fill out the application in the prescribed format (offline/email mode as specified in the notification).
- Attach all supporting documents: degree certificates, experience certificates, identity proof, photograph, etc.
- Submit the application via email to the address given in the notification before the last date (3 October 2025).
- No application fee is mentioned. Keep a copy of submitted application and proof of sending.
Salary & Benefits
Senior Economist will receive up to ₹25,00,000 per annum plus other facilities. Junior Economist will receive up to ₹15,00,000 per annum plus benefits. The exact pay may depend on experience, qualifications, past record. Other benefits include allowances, possibly insurance, and perquisites as per SIDBI’s norms.
Career Growth & Opportunities
Working as Economist at SIDBI offers visibility and exposure in policy research, banking economics, MSME finance. Successful performance could lead to more senior roles in research divisions, strategy & planning wings, leadership in economic advisory capacities, or lateral shifts to central banking / government policy departments. Publications, presentations, strong analytical output will be helpful. Contractual engagements may also lead to permanent roles or contracts renewal depending on performance.
Important Dates
| Event | Date |
|---|---|
| Notification Release | 12 September 2025 |
| Start Date for Applications | 12 September 2025 |
| Last Date to Apply | 3 October 2025 |
Why Apply
These Economist roles at SIDBI are rare, high-profile opportunities combining research, policy, finance and the MSME sector. They offer substantial salary and the chance to influence economic and banking strategy. For candidates with strong economics background, good experience, this is a chance to use analytical skills, engage with macroeconomic policy, sharpen research abilities, work with senior leadership, and build a meaningful career in financial institutions.
FAQs
- Can fresh masters’ graduates apply for the Junior Economist position?
You need at least 1-2 years of relevant experience; fresh graduates are unlikely to be eligible unless explicitly mentioned. - Is a PhD required?
PhD is not mandatory, especially for the Junior Economist role. It enhances profile, particularly for Senior Economist. - What does relevant experience include?
Research in economics, policy formulation, banking or financial sector roles, data analysis, econometrics, working in think tanks or consultancies. - How is the selection done? Written test or interview?
Selection is based on shortlisting followed by a personal interview. There is no written exam mentioned in the notification. - Will there be any application fee?
The notification does not mention any application fee for these posts. - What is the mode of application?
Application is to be submitted via email (or offline/email as per notification).
Conclusion
SIDBI Economist Recruitment 2025 presents a unique chance for economists with strong academics and relevant experience to work in a prestigious institution, contributing to policy, research, and strategy in the MSME banking sector. With generous salary, clear roles and valued responsibilities, these positions are well-suited for candidates aspiring to build a research or advisory career in finance and economic planning. Interested individuals should prepare carefully, apply before 3 October 2025, and make sure all credentials are in order for a successful application.