IFC—a member of the World Bank Group—is the largest global development institution focused on the private sector in emerging markets. We work in more than 100 countries, using our capital, expertise, and influence to create markets and opportunities in developing countries.
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The IFC Global Internship Program (GIP) offers highly motivated individuals an opportunity to be exposed to the mission and work of IFC and the broader World Bank Group, and be a part of the largest private sector development institution in the world.
IFC hires Global Interns for a minimum period of four weeks between May and October to work on discrete projects in Washington, D.C. or in one of IFC’s country or regional offices. All interns are paid the same rate per hour by country requirements and only hired as a short-term temporary.
Table of Contents
Scholarship Summary
- Host Country: Washington, D.C.
- Category: Internships
- Eligible Countries: All Countries
- Reward: Monthly Salary in USD
- Deadline: March 8, 2021
- Scholarship Alerts: To receive Scholarship Alerts on WhatsApp, Click HERE
Internship Details
The GIP receives about 1500 applications each year, from which candidates are short-listed for departmental interviews. Successful short-listed GIP candidates are directly hired and paid by interested departments worldwide, based on their business need and the particular profile of the candidate.
Following a thorough evaluation process at the conclusion of the internship, successful GIP interns are encouraged to apply to the WBG Young Professionals Program should they meet such application requirements, or to any other full-time opportunity available after graduation.
Operational assignments cover various areas of work, such as participation in sector-specific market mapping, investment proposal reviews, financial modeling and analysis, portfolio management, upstream work and advisory services activities. Other assignments can cover a range of activities in corporate and support departments. Various departments have expressed interest in hiring interns – please ensure to read the list and select a maximum of 3 opportunities.
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Internship Requirements
In order to be eligible to apply for the scholarship, applicants must:
• Candidates must be in the first or second-to-last year of an MBA or other Master’s level program.
• Strong interest in and commitment to impact investing and sustainable private sector solutions
• At least three years of relevant work experience related to the advertised opportunities (previous job positions, paid or unpaid internships, and volunteer work count).
• Emerging markets experience preferred
• For investment-related opportunities, strong analytical, quantitative, communication, negotiation, business development and client relationship skills
• For all opportunities, please see requirements specific to the advertised position
• Enthusiasm for working in multicultural teams and across borders
• Excellent verbal and written communication skills in English; proficiency in one or more languages – Arabic, Chinese, French, Portuguese, Russian, Spanish and Malagasy – strongly preferred
Woek Condidtion
Due to the Covid-19 pandemic, and depending on local conditions, some positions may be filled on a work- from-home basis and may require working in different time zones. All positions will require adherence to all related visa laws.
Poverty has no borders, neither does excellence. We succeed because of our differences and we continuously search for qualified individuals with diverse backgrounds from around the globe.
Method of Application
Should other internship opportunities become available throughout the Summer, applications will be kept open for review until August 31, 2021.
Interested applicants should apply using the link provided below.
Deadline: March 8, 2021
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