SEBI Legal Internship;The internship is designed for law students to gain hands-on experience with the landscape of Indian securities laws
SEBI Legal Internship
The internship is designed for law students to gain hands-on experience with the landscape of Indian securities laws. Interns are integrated into specific departments or divisions within SEBI's Legal Department at the Mumbai office.
Key Eligibility Requirements
Academic Standing: Open to students in the 4th or final year of a 5-year law program, or the 2nd or final year of a 3-year law program.
Institutional Recognition: Applicants must be from a Law School or University recognized by the Bar Council of India and the UGC.
Academic Record: A minimum of 60% aggregate marks (or equivalent CGPA) in the previous semester results is required.
Age Limit: Applicants must be below 28 years of age.
Exclusion: Students who have already appeared for their final semester exams are ineligible.
Application Process
Method: Applications are accepted exclusively through the SEBI online application portal.
Timeline: Online applications must be submitted between the 1st and 7th of every month for an internship in the following month.
Required Documents: A signed and stamped cover letter on the institution's letterhead (following the SEBI format) must be uploaded. This letter must specify the applicant's aggregate percentage.
Selection: Candidates are selected based on merit (academic percentage). Preference is given to those with exposure to corporate/securities laws, prior internships, publications, or moot court experience.
Internship Terms & Nature of Work
Duration: Minimum of four weeks, starting on the first working day of the month.
Format: Full-time, physical reporting at the Mumbai office is mandatory.
Capacity: Maximum of 4 interns per month.
Tasks: Responsibilities include legal research, preparing briefs, summarizing ongoing cases, and gaining exposure to litigation before the High Court, Securities Appellate Tribunal (SAT), and Special Courts.
Publication Goal: Interns are encouraged to publish at least one research article in a law journal or reputable media outlet regarding investor protection or securities market developments.
Stipend and Certification
Certificate: Issued upon successful and satisfactory completion of the internship.
Stipend: A stipend of ₹10,000 may be provided. This is subject to a recommendation from an officer (not below the rank of Division Chief) and typically requires the publication of a research article.
Code of Conduct & Responsibilities
Working Hours: 9:30 AM to 6:00 PM on all working days.
Leave Policy: No leaves are granted except for medical emergencies. Unauthorized absence may lead to disqualification.
Confidentiality: Interns must sign a non-disclosure undertaking and maintain strict confidentiality regarding all non-public information.
Logistics: Interns must arrange their own accommodation, transport, and medical insurance.