Institute for Development and Research in Banking Technology Invites Application for Assistant Professor Recruitment 2022

Vacancy Circular No:

Institute for Development and Research in Banking Technology (IDRBT)
invites applications for recruitment of Assistant Professor

Assistant Professor

Number of Vacancy: 4 Posts

Educational Qualification: M.Phil/Ph.D

IDRBT invites top talent with high passion for Research, Academics and Practice in the area of Banking and Financial Technology for the positions of Assistant Professor.

1. Position: Assistant Professor

2. No of Regular Position: The Institute plans to recruit up to Four Regular Faculty members at the level of Assistant Professor.

3. Remuneration: 

(i) For Regular Positions

a) Assistant Professor Grade - I Pay Level 12 of Rs. 1,01,500 – 1,67,400/-

b) Assistant Professor Grade – II on Contract (for first three years) Pay Level 11 of Rs. 68,900 – 1,17,200/- on completion of one year of service. Pay Level 10 of Rs. 57,700 – 98,200/- at the entry level

(ii) For Visiting Assistant Professor An all-inclusive consolidated compensation of Rs. 55,000/- per month and accommodation in the Institute’s Quarters at Begumpet.

(iii) For Contractual Positions Compensation shall be on an all-inclusive CTC basis. Right candidates shall be adequately compensated.

4. Qualification: Candidates must have a Ph.D. in Computer Science / Information Technology / Information Systems / Information Security / Banking and Financial Technologies or Closely Related Areas with a first class or equivalent at the preceding degree in an appropriate branch with a consistently good academic record throughout.

5. Experience: A minimum of three years of research / professional experience in a premier and reputed organisation excluding the experience gained while pursuing Ph.D. Candidates should have demonstrated research and academic capabilities in terms of publications in reputed journals and conferences.

1 (a). Assistant Professor Grade – II on Contract Eligible candidates with less than the requisite experience to be an Assistant Professor Grade - I may be offered a contract for a period of three years as Assistant Professor Grade – II on Contract and may be put on a tenure track for the regular position of Assistant Professor Grade – I thereafter.

1. (b) Visiting Assistant Professor Candidates who have the potential to be groomed as an Assistant Professor Grade – II on Contract over a period of time may be offered the position of Visiting Assistant Professor, which will be a contractual appointment for a period of three years. A Visiting Assistant Professor aspiring for the position of ‘Assistant Professor Grade – II on Contract’ needs to go through the identical process as external candidates applying for the post of ‘Assistant Professor Grade – II on Contract’.

6. Type of Positions: 

a) Regular: The positions of Assistant Professor are Regular Positions with a probation period of one or two years.

b) Contract: The positions of Assistant Professor are open for Contractual Recruitment for a period of upto five years and accordingly candidates can apply for these positions on a contractual basis. Further, the Selection Committee for Faculty positions may offer Contractual Positions to some candidates based on their Academic Profile and Performance in the Selection Process. Candidates should clearly indicate the type of position they are applying for in their application.