Finance Ministry Recruitment 2025: Young Professionals, Consultants to Earn Up to ₹1.5 Lakh

The Department of Economic Affairs (DEA) under the Ministry of Finance has released a vacancy circular inviting applications for the engagement of Young Professionals and Consultants on a contractual basis. The recruitment drive aims to fill 57 posts across key divisions such as Infrastructure, Financial Markets, Budget, and International Economic Relations.

Vacancy Details

The positions are classified into four categories based on experience and qualifications:

• Young Professionals: Applicants must be below 30 years of age and hold a Master’s degree in Economics, Finance, IT, or an MBA (Finance)/LLM. The consolidated monthly remuneration is ₹70,000.

• Consultants: Candidates with 3 to 5 years of experience are eligible. The monthly remuneration is ₹1,00,000.

• Senior Consultants: Requires 5 to 9 years of professional experience, with a monthly pay of ₹1,20,000.

• Special Assignment Consultants: These roles are project-specific and offer a monthly remuneration of ₹1,50,000.

Notably, the International Economic Relations (IER) Division is seeking six Senior Consultants to support India’s BRICS Chairship. Selected professionals will assist in preparing concept notes, background papers, and outcome documents for BRICS-related meetings.

Terms of Engagement

Appointments will be made for an initial period of one year, extendable subject to performance, with a maximum continuous tenure of three years per position. The overall engagement with the DEA cannot exceed five years.

The engagement is strictly full-time, and consultants will not be permitted to take up any other professional assignments. Other conditions include:

• Leave: Eight days per year on a pro-rata basis

• Allowances: No DA, accommodation, or medical reimbursement

• Travel: TA/DA admissible only for approved official domestic travel

Selection Process

Applications will be shortlisted by the respective divisions, followed by a personal interaction or interview for selected candidates.

How to Apply

Eligible candidates can apply online through the official portal mofapp.nic.in/cadre/. The last date for submission is December 27, 2025, by 5:00 PM.

Applicants are advised to refer to the official DEA website (dea.gov.in/offerings-vacancies) for detailed eligibility criteria and terms of reference.