IIT Madras Post Doctoral Researcher Recruitment 2026 @icandsr.iitm.ac.in | Salary Rs. 1,00,000 per month | Chennai Jobs for PhD Graduates
Indian Institute of Technology Madras (IIT Madras) is inviting applications for the position of Post Doctoral Researcher at the CAMS-IITM Fintech Lab. This role involves advanced financial modeling, risk analytics, and the development of AI-ML models for banking and financial services.
Important Points
Organization: Indian Institute of Technology Madras (IIT Madras)
Post Name: Post Doctoral Researcher (Full-time)
Project Lab: CAMS-IITM Fintech Lab
Total Vacancies: 02
Job Location: Chennai, Tamil Nadu
Employment Type: Purely Contractual
Eligibility Criteria for Recruitment 2026
Applicants must hold a PhD, preferably in Finance, Economics, Mathematics, or Computer Science. Desirable candidates should have experience in financial markets, quantitative modeling, econometrics, or computational finance. Familiarity with programming tools like MATLAB, R, Python, or Stata is highly preferred.
Monthly Pay for Career Opportunities
The monthly remuneration for the selected candidates ranges from Rs. 70,000/- to Rs. 1,00,000/-. The exact salary will be commensurate with the candidate's level of experience and specific skill sets.
Job Role and Responsibilities for Vacancy
The scope of work for the Post Doctoral Researcher includes:
Conducting research in financial modeling, risk management, and investment strategies.
Utilizing ML/AI techniques to develop digital twins and surrogate models for financial systems.
Writing manuscripts and academic papers based on research findings.
Working collaboratively in a team consisting of students and industry collaborators.
Last Date for Recruitment 2026 Application
The deadline for the submission of online applications is 13.08.2026.
How to Apply for Jobs at IIT Madras
Eligible applicants must register and apply online through the official careers portal at icandsr.iitm.ac.in. Candidates should ensure they select the correct advertisement number (Advt. 142/2026) when submitting their application. After successful submission, a printout of the application should be maintained for use during future selection stages like tests or interviews.
Frequently Asked Questions
What is the total number of vacancies for the Post Doctoral Researcher position? There are a total of 2 vacancies available for this role. What is the maximum monthly salary offered for this vacancy? The maximum monthly salary offered is Rs. 1,00,000/-. What is the duration of the employment contract? The initial duration is six months, which may be extended based on performance. What are the required educational qualifications? Candidates must have a PhD in Finance, Economics, Mathematics, or Computer Science. Where is the job located? The position is located at the IIT Madras campus in Chennai. Is there a specific last date to apply? Yes, the last date for submitting the online application is August 13, 2026. Which programming tools are desirable for this role? Familiarity with Python, R, MATLAB, or Stata is considered desirable. Can international candidates apply for this position? The notification specifies that candidates must be citizens of India or eligible subjects of Nepal. What should I do after submitting my application online? You must take a printout of the application form to present during the document verification or interview stage. Who is the coordinator for this research project? The project is coordinated by Prof. M. Thenmozhi from the Department of Management Studies.