The World Bank and IFC have merged their respective Young Professionals Programs into one World Bank Group Young Professionals Program (WBG YPP).
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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 Contents
Summary
- Host Country: Washington, DC, USA
- Category: Internships | Training | Fellowships
- Eligible Countries: All Countries
- Reward: Monthly Salary & Sponsorship
- Deadline: July 15, 2021
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Details
The WBG YPP is a two-year leadership development program at the start of a five-year employment contract with the World Bank, IFC or MIGA. Young Professionals (YPs) start the program in Washington, DC,
where they engage in intensive training—on-the-job and in the classroom—learning the fundamentals of leadership and development operations across institutions, and how to identify opportunities for joint impact.
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Requirements
To be considered for the WBG YPP, applicants must:
- Be born on or after October 1, 1989
- Have a Undergraduate, master’s or doctoral degree*
- Specialize in a field relevant to YPP Business Areas
- Demonstrate relevant professional experience or continued study at the doctoral level**
- Be fluent in English
- The Bank’s Group recruitment policy is to hire a 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:
For World Bank placement: Complete a relevant master’s degree by July 15, 2021 or PhD before September 2022. Fields of study should be related to a World Bank Business Area.
For IFC & MIGA placement: Complete a relevant graduate degree before September 12, 2022. Fields of study should be related to an IFC or MIGA Business Area, including but not limited to a Master’s of Business Administration (or equivalent), Economics, Finance, International Relations, Science and Engineering.
**Professional experience requirements:
For World Bank 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.
Required Documents
APPLICATION CHECKLIST
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*Diploma, Degree Completion Letter, Proof of Enrollment with Expected Graduation Date or Transcript. **Recommendations will be requested via email during the eligibility screening stage. |
Short Essay Question
In 6,000 characters or less, please describe:
- Why you are interested in the WBG YPP and in your preferred institution (IBRD, IFC or MIGA);
- Why you are the right person for the role; and
- 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 2021 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.
Candidates are assessed based on experience, technical expertise, and competencies such as client orientation, leadership and communication.
Method of Application
Applications are open June 15 – July 15 for all profiles and from August 16 – September 20 for IFC and MIGA profiles only.
Note: Before applying, ensure that you meet all eligibility requirements and have reviewed the application checklist below, for required material. Applications must be completed in one 90-minute session (it is not possible to save and continue later) by 11:59 PM UTC (Coordinated Universal Time) on the last day of the application period.
On the application, candidates must select the institution that they believe best aligns with their skillset (the World Bank, IFC or MIGA). Duplicate applications will not be reviewed and will not increase one’s chances of selection.
Deadline: July 15, 2021
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