Internship Opportunities at State Bank of Pakistan

Introduction

State Bank of Pakistan, the central bank of the country, was established in July 1948 i.e., within one
year after Pakistan gained independence. Being the central Bank, it regulates the monetary and credit
system of the country to foster its growth in the best national interest with a view to secure monetary
stability and fuller utilization of the country’s productive resources. The Bank’s operation also includes
preserving the value as well as maintaining stability in the banking system.

In its continued endeavor to promote monetary and financial stability to achieve a sustained and
equitable growth the Bank holds vast experience of exercising various monetary controls spread over
more than five decades which interalia include transformation from a directed monetary regime to
market based monetary management as well as introduction of current account convertibility of the
BOP. For more information please see our website: www.sbp.org.pk

Internship Objective
The main objective of offering internship to students from foreign universities is to provide them an
opportunity to work with Bank’s Research, Monetary Policy and Economic Analysis Departments to
explore economic and financial system policy issues related to Pakistan.

The Project
The interns will be working in the above departments of SBP where they will be required to do
empirical work mainly on financial sector, international finance, international trade and exchange rate
issues. Initially the plan is to offer internship on topics more relevant to the on-going sustainable
development program of Pakistan. While selecting the topics for research, the interns’ own
preferences and competencies will be considered

Duration
8 to 10 weeks (Flexible depending on time needed to complete the assignment).

Requirement
Students pursuing Masters degree or senior students (final year) of Bachelors honors program in the
discipline of economics from the prescribed universities (list attached). Further, the students should
have advance knowledge of econometrics so as to meet the pre-requisite of doing empirical research
work and feel comfortable while interacting with counterparts at SBP

Compensation and Support

State Bank of Pakistan will pay a monthly stipend equal to US$700 together with free accommodation.
Interns will also be provided transport form their residence to Bank and back.

Economy class return airfare will be paid by State Bank of Pakistan to the interns for travel between
their country and Karachi and back after successful completion of internship project.

How to Apply
Interested students may apply latest by 15th March 2008 by providing the following details:

1. Application form (Download)

2. Detailed Curriculum Vitae
3. University/college ID card copy
4. 3 passport size photographs
5. Statement of purpose (a clear statement of career goals and aspirations)
6. At least one research proposal including outline of the proposed work, objectives, expected benefits
of internship with tentative timelines
7. Transcripts and certificates (Attested copies)
8. Letter(s) of Recommendation from faculty
9. Research publications, if any

The applications should be addressed to:

Tariq Rahman
Jr. Joint Director
Training & Development Department
State Bank of Pakistan
I.I. Chundrigar Road
Karachi-PAKISTAN.
Tel: +92 21 2455959
Fax: +92 21 9213093
E-mail: tariq.rahman@sbp.org.pk

Please Click to see the list of eligible universities/institutes

© 2006 State Bank of Pakistan. All Rights Reserved.
Disclaimer | Instructions

State Bank of Pakistan

I.I. Chundrigar Road, Karachi, Pakistan.
Phone: (+9221-24450298, Fax: (+9221) 9212440
www.sbp.org.pk

STUDENTS LOAN SCHEME

Pursuant to the announcement made by the Federal Finance Minister in his 2001-2002
budget speech, a STUDENTS LOAN SCHEME (SLS) for Education has been launched by the
Government of Pakistan in collaboration with major commercial banks of Pakistan (NBP,
HBL, UBL, MCB & ABL). Under the Scheme, financial assistance will be provided by way of
Interest Free Loans to the meritorious students who do not have adequate financial means
to pursue studies in Scientific, Technical and Professional education within Pakistan.

The Scheme will be administered by a high power committee comprising Deputy Governor,
State Bank of Pakistan, Presidents of the commercial banks and Deputy Secretary, Ministry
of Finance, Government of Pakistan.

• The objective of the Students Loan Scheme is to provide financial assistance to

the meritorious students of insufficient means who have obtained 70% marks in
the last public examination and are unable to pursue their studies within Pakistan
due to financial difficulties.
• Loans under the scheme shall be granted to students who are nationals of
Pakistan including Northern Areas, Federally Administered Tribal Areas and Azad
Jammu and Kashmir and of age not exceeding 20 years for
graduation, 30 years for post-graduation and 35 years for Ph.D.

• Students Loan Scheme will be allowed only to those students who have been
admitted to an approved Universities/affiliated Colleges.
SINDH PROVINCE

Universities

1) Karachi University, Karachi.

2) N.E.D University, Karachi.
3) Mehran University College of Engineering & Technology Nawabshah.
4) Mehran University College of Engineering & Technology Jamshoro.
5) Sindh Agriculture University Tando Jam.
6) Sindh University, Jamshoro
7) Shah Abdul Latif University, Khairpur.

Affiliated Colleges:

1) Dow Medical College, Karachi.

2) Sindh Medical College, Karachi.
3) Karachi Medical & Dental College, Karachi.
4) Jinnah Post Medical Centre, (Physiotherapy), Karachi.
5) Liaquat Medical College, Jamshoro
6) Peoples Medical College, Nawabshah
7) Chandka Medical College, Larkana.
PUNJAB PROVINCE

Universities:

1) Quaid-e-Azam University, Islamabad

2) International Islamic University, Islamabad
3) University Engineering & Technology, Taxila
4) Punjab University, Lahore.
5) University of Engineering & Technology, Lahore
6) Agriculture University, Faisalabad
7) Bahauddin Zakariya University, Multan
8) Islamia University, Bahawalpur
9) Fatima Jinnah Women’s University, Rawalpindi.

Affiliated Colleges:

1) King Edward Medical College, Lahore

2) Nishtar Medical College, Multan
3) Quaid-e-Azam Medical College, Bahawalpur

NORTH WEST FRONTIER PROVINCE

Universities

1) Peshawar University, Peshawar.

2) University of Engineering & Technology, Peshawar
3) N.W.F.P University of Agriculture, Peshawar
4) Gomal University, Dera Ismail Khan

Affiliated Colleges:

1) Khyber Medical College, Peshawar

2) Khyber College of Dentistry Peshawar
3) Ayub Medical College, Abbottabad

BALOCHISTAN PROVINCE

Universities:

1) University of Balochistan, Quetta.

2) Balochistan University of Engineering & Technology, Khuzdar

Affiliated College

1) Bolan Medical College, Quetta.

AZAD KASHMIR

Universities

1. University of Azad Jammu & Kashmir, Muzaffarabad, A.K

2. University of Engineering & Technology, Mirpur A.K
3. University of Agriculture Rawalkot, A.K.

Under the Scheme, loans will be available in the following subject.

i) Engineering
ii) Electronics
iii) Oil Gas & Petro Chemical Technology
iv) Agriculture
v) Medicine
vi) Physics
vii) Chemistry & Biochemistry.
viii) Biology Molecular Biology & Genetics
ix) Mathematics
x) Other Natural Sciences
xi) DAWA and Islamic Jurisprudence (LL.B/LL..M Sharia)
xii) Computer Science/Information System and Technology including hardware.
xiii) Economics, Statistics and Econometrics
xiv) Business/ Management Sciences
xv) Commerce

The facility under this Scheme shall be restricted to the studies in the above-mentioned
subjects only or such other subjects as may be approved by the Apex Committee from time
to time.

The amount of loans under the Scheme shall cover the cost of tuition fee, books and
boarding for the entire duration. The amount of loan shall be disbursed directly to the
concerned Universities/Colleges.

The student has to provide evidence of financial standing of the parents/guardian who is
supporting him or her.

Candidates desirous of availing loan under the Scheme may apply on prescribed Form for
financial assistance subject to he or she has got admission on merit through normal
procedure in the Colleges/Universities afore-mentioned. Applications are to be
sent/submitted to Mr. Muhammad Riaz Khokhar, Executive Vice President, Students Loan
Scheme Wing, Credit Group, National Bank of Pakistan Head Office, I.I. Chundrigar Road,
Karachi.