IIT Madras Post Doctoral Researcher Recruitment 2026

IIT Madras is hiring 2 Post Doctoral Researchers for the CAMS-IITM Fintech Lab under the Department of Management Studies. If you have a PhD, preferably in Finance, Economics, Mathematics or Computer Science, you can apply online. The last date to apply is 13 August 2026. This is a purely contractual position, initially for 6 months and extendable based on your performance, with a monthly salary of Rs. 70,000 to Rs. 1,00,000 depending on your experience and skills.

Indian Institute of Technology Madras (IIT Madras) Post Doctoral Researcher Recruitment 2026 - 2 Posts

The Office of Industrial Consultancy and Sponsored Research (IC&SR), IIT Madras, Chennai, has released Advertisement No. ICSR/PR/Advt.142/2026 dated 30 July 2026 for 2 Post Doctoral Researcher posts at the CAMS-IITM Fintech Lab, working under the coordination of Prof. M. Thenmozhi from the Department of Management Studies. The lab works with government institutions and banking and financial services partners on projects involving advanced financial modelling, risk analytics, and AI/ML models in the banking and finance domain. As a Post Doctoral Researcher, you will conduct research in financial modelling, risk management and investment strategies, use ML/AI techniques to build surrogate models and digital twins for financial systems, write research manuscripts based on your work, and collaborate with a team that includes undergraduate, master's and PhD students along with industry partners. This role gives you the opportunity to apply your research skills to live projects with government and financial-sector organizations, rather than purely academic research. The position is on a purely contract basis for an initial 6 months, extendable based on your performance, and it does not lead to regularization or permanency at the Institute.

Who Can Apply?

• Qualification: You need a PhD, preferably in Finance, Economics, Mathematics or Computer Science.
• Experience: Experience in financial markets, quantitative modelling, econometrics or computational finance is desirable.
• Skills: Familiarity with tools such as MATLAB, R, Python or Stata is desirable.
• Only relevant experience gained after your PhD is considered — experience before your qualifying degree does not count.
• The experience requirement can be relaxed at the Institute's discretion for SC/ST candidates if sufficient qualified candidates from these categories are not available.
• If you are currently working on any project at IIT Madras, you must apply through the proper channel or carry a No-Objection Certificate (NOC) at the time of document verification/interview.
• The crucial date for determining your eligibility in every respect is the last date for submitting the online application.
• The Institute encourages women candidates to apply, as it aims for a gender-balanced workforce.

Salary

• You will get a monthly salary of Rs. 70,000 to Rs. 1,00,000, commensurate with your experience and skills.
• This is a contractual research position and the salary is fixed by the Institute; no separate allowances are mentioned in the notification.

Selection Process

The selection will be done in the following stages:

1. Shortlisting: The Institute reviews your online application and shortlists candidates based on qualification, relevant experience and academic achievements.
2. Skill Test (at the Institute's discretion): The Institute may restrict the number of candidates called forward based on qualifications and experience higher than the minimum prescribed.
3. Interview: Shortlisted candidates are called for an interview.
4. Document Verification: Your documents, testimonials and antecedents are verified before final selection.

Being called for a test or interview does not guarantee selection — it only means the Institute considers you a suitable candidate for further evaluation. Only shortlisted applicants will be contacted; no separate communication is sent to those who are not selected, and canvassing in any form will lead to disqualification.

Please note: The prescribed qualifications are the minimum required for the post — having a higher qualification does not automatically entitle you to be called for an interview. The Institute also reserves the right to reject any or all applications, or to not fill the position at all, without assigning any reason.

How to Apply

1. Go to icandsr.iitm.ac.in/careers/current_openings.php.
2. Register with your email ID and locate Advertisement No. ICSR/PR/Advt.142/2026 for the Post Doctoral Researcher post.
3. Fill in the online application form completely.
4. Upload your testimonials and required documents.
5. Submit your application online before the deadline.

Note: You cannot edit or revert your application once submitted, so double-check all details before submitting. If you wish to apply for more than one position, select the multiple positions before submitting since the system accepts only one application per registered email ID for an advertisement. For technical issues with the online form, you can email icsrrecruitment6@icsrpis.iitm.ac.in or call 044-2257 8843 on working days (9:00 AM to 5:30 PM, Monday to Friday). Any corrigendum or clarification about this advertisement will be published on the website; no separate communication will be sent, so keep checking the portal after applying.

Important Dates

• Advertisement Date: 30 July 2026
• Last Date to Apply Online: 13 August 2026

• Conduct research in financial modelling, risk management and investment strategies
• Apply ML/AI techniques to build surrogate models and digital twins for financial systems
• Write research manuscripts and reports based on project findings
• Collaborate with undergraduate, master's and PhD students on ongoing projects
• Work closely with industry and government partners on sponsored research projects
• Use tools such as MATLAB, R, Python or Stata for quantitative analysis
• Present research findings and progress updates to the project coordinator
• Support day-to-day activities of the CAMS-IITM Fintech Lab