The new program is now accepting applications on behalf of three institutions (the World Bank, IFC and MIGA).  Building on the rich legacy of its predecessor programs, the WBG YPP will recruit and develop future leaders to collaborate effectively across our institutions on joint WBG solutions to development challenges.

Young Professionals are recruited from around the world, with preference to nationals of WBG member countries and countries of operations. We welcome all qualified individuals from diverse professional, academic, and cultural backgrounds to apply.

• Table of Content
• About World Bank
• World Bank/MIGA/IFC Young Professionals Program
• Aim and Benefits of World Bank/MIGA/IFC Young Professionals Program
• Requirements for World Bank/MIGA/IFC Young Professionals Program Qualification
• Interview date, Process and Venue for World Bank/MIGA/IFC Young Professionals Program
• Application Deadline
• How to Apply

About World Bank

With 189 member countries, staff from more than 170 countries, and offices in over 130 locations, the World Bank Group is a unique global partnership: five institutions working for sustainable solutions that reduce poverty and build shared prosperity in developing countries. Together, IBRD and IDA form the World Bank, which provides financing, policy advice, and technical assistance to governments of developing countries. IDA focuses on the world�s poorest countries, while IBRD assists middle-income and creditworthy poorer countries. While our five institutions have their own country m...... continue reading

World Bank/MIGA/IFC Young Professionals Program

Application Deadline	20 Sep 2021
Type	Internship
Sponsor	World Bank
Gender	Men and Women

Aim and Benefits of World Bank/MIGA/IFC Young Professionals Program

YPs are offered a competitive salary and benefits package as part of a 5-year term contract. Benefits include health, life and accident insurance, a pension plan and possible relocation and mobility benefits depending on WBG guidelines.

Requirements for World Bank/MIGA/IFC Young Professionals Program Qualification

We welcome all qualified individuals from diverse professional, academic, and cultural backgrounds to apply.  Sub-Saharan African nationals, Caribbean nationals, women and persons with disabilities are strongly encouraged to apply.

• Born on or after October 1, 1988
• Master’s or doctoral degree*
• Specialization in a field relevant to YPP Business Areas
• Relevant professional experience or continued study at the doctoral level**
• Fluency in English
• The Banks Group recruitment policy is to hire staff of the highest caliber, on as wide a geographical basis as possible, with preference to nationals of WBG member countries or countries of operations.

*Graduate degree requirements vary by institution:

For WB placement: Complete a relevant graduate degree by June 30, 2021 or a PhD before September 2021.

For IFC & MIGA placement:  Complete a relevant graduate degree (ex: Master of Business Administration, Economics, International Relations, Science, and Engineering) before September 2021.

**Professional experience requirements vary by institution:

For WB placement: Demonstrate 3+ years of relevant experience, or the equivalent in continued study at the doctoral level.

For IFC & MIGA placement: Demonstrate 4+ years of relevant experience in finance, political risk insurance and credit enhancement, project/program development, economic development and/or consulting. Certifications such as the CFA are a plus.

Additional Qualifications

To be competitive, applicants should additionally:

• Display a commitment and passion for international development
• Possess outstanding academic credentials
• Exhibit excellent client engagement and team leadership skills

The following attributes are a plus:  

• Work experience in emerging markets or developing countries
• Full proficiency in one of the following official WBG languages: Arabic, Chinese, French, Portuguese, Russian, and Spanish.

Selection Criteria: We are looking for applicants who demonstrate a passion for international development, graduate education, relevant professional experience, and the potential to grow into impactful leadership roles across our institutions.

Interview date, Process and Venue for World Bank/MIGA/IFC Young Professionals Program

 

 

Application Deadline

September 20, 2021

How to Apply

Applications for the inaugural WBG YPP cohort will open from June 1 – June 30 for all profiles and will reopen from August 16 – September 20 for IFC and MIGA profiles only.

Application Checklist

To be considered for the WBG YPP, applicants must submit:

• Resume/CV
• Academic Transcripts*
• 1 Short Essay
• Short Summary of Thesis or Dissertation (World Bank candidates only)
• 3 Professional or Academic Recommendations**

*Transcripts should display an expected graduation date, if currently enrolled.

**Recommendations will be requested via email during the eligibility screening stage.

Short Essay

In 6,000 characters or less, please describe:

1. Why you are interested in the WBG YPP and in your preferred institution (IBRD, IFC or MIGA);
2. Why you are the right person for the role; and
3. How your preferred institution, and the WBG as a whole, should support our clients to contain the impact of COVID-19, working towards a green, resilient, and inclusive recovery

THE INTERVIEW

The World Bank Group is closely monitoring COVID-19 developments. To ensure the safety of our current and prospective staff, the 2022 YPP interviews will be conducted virtually. Activities may include:

• An assessment center, where you will be asked to participate in individual and group exercises
• Timed computer-based financial tests

Applicants who are invited to interview will be provided with more detail as the process moves along.

For more details, visit World Bank website.