2027 PhD Fellowship Programme

At the Bank for International Settlements (BIS), our mission is to support central banks' pursuit of monetary and financial stability through international cooperation, and to act as a bank for central banks.

The PhD Fellowship Programme at the BIS gives you the opportunity to contribute to BIS economic research and analysis, working with expert economists and research analysts in a unique environment in Basel, Switzerland.

BIS research draws strength from our unique position as a platform for international cooperation to promote monetary and financial stability, leveraging our close contacts with the central banking and financial supervisory community. This Programme helps you acquire experience in supporting central banks and other financial authorities through policy-oriented research.

Given our modest size we collaborate and exchange ideas with colleagues in different units and managers at different levels. You will enjoy exposure to ideas and projects beyond your immediate specialty and will play a valuable part in supporting the central bank community.

This role is based in Basel, Switzerland however, thanks to our status as an international organization, we can hire globally and welcome applications from candidates of all nationalities and located anywhere in the world. Relocation support is available for the successful candidate.

Application deadline: Please note that the deadline for applications is Friday 6 November at 23:59 CET (Swiss time).

Duration: Three months.

Start date: Between April 2027-December 2027.

By joining the PhD Fellowship Programme, you will:

• Contribute to BIS research projects on topical issues in economics and finance, including in particular financial intermediation and regulation, financial innovation and digitisation, monetary policy, fiscal policy, international finance and international spillovers.
• Work in a highly stimulating, international environment providing exposure to a wide range of topics.
• Be embedded in the Monetary and Economic Department with regular interaction with staff and first-hand insight into BIS research and policy work.
• Have access to BIS research activities, including seminar series and visiting research fellows from leading academic institutions.
• Benefit from working in a unique, international environment that offers flexible, hybrid working options with a blend of onsite work from our central office location in Basel and home office.

Qualifications, skills and experience:

• Enrolment in a PhD Programme (preferably in 3rd-5th year) in economics, finance or related fields.
• Expertise in conducting research in the fields of financial, macro and monetary economics.
• Ability to apply tools (such as Python, MATLAB, Stata, EViews, etc.) typically used in economic analysis to a range of topics.
• Familiarity with major financial/monetary databases would be beneficial.

Please note that the BIS's corporate language is English, which is used for all internal and external communication.

Who we are:

Internationalism is at the core of our identity and the best representation of this is our workforce. With employees from over 66 countries and offices in nine locations, the BIS is a global organisation with a truly international workforce. By joining us, you will work in a unique, highly rewarding, and international work environment. We are committed to equal opportunities at the BIS and aim to build a workforce that reflects our global membership. We strive to attract the best talent and foster an inclusive environment. We welcome applications from all qualified candidates, including those with a breadth of professional experience. You can discover more about our inclusive working environment here.

What the BIS offers:

We want your time at BIS to be a rewarding and career-enriching experience. We offer an agile and flexible working environment with hybrid working opportunities including home office and working from abroad days. To support our international applicants, we offer relocation support. In addition, we offer a competitive compensation and benefits package. Finally, we offer a genuinely unique international working environment, which will give you exposure to the global financial system and the opportunity to collaborate with passionate experts from all over the world.

Who we are

Internationalism is at the core of our identity and the best representation of this is our workforce. With employees from over 66 countries and offices in nine locations, the BIS is a global organisation with a truly international workforce. By joining us, you will work in a unique, highly rewarding, and international work environment. We are committed to equal opportunities at the BIS and aim to build a workforce that reflects our global membership. We strive to attract the best talent and foster an inclusive environment. We welcome applications from all qualified candidates, including those with a breadth of professional experience. You can discover more about our inclusive working environment here.