World Bank Group 2023 Young Professionals Program for Young Professionals
The World Bank and IFC have merged their respective Young Professionals Programs into one World Bank Group Young Professionals Program (WBG YPP).
The program now recruits on behalf of three institutions (the World Bank, IFC and MIGA). Building on the rich legacy of its predecessor programs, the WBG YPP aims to 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.
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.
Requirements for WBG Young Professionals Program Qualification
|To be considered for the WBG YPP, applicants must:
|*Graduate degree requirements:
For World Bank placement: Complete a relevant master’s degree by September 2022 or PhD before September 2023. Fields of study should be related to a World Bank Business Area.
For IFC & MIGA placement: Complete a relevant graduate degree by September 2023. 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.
To be competitive, applicants should additionally:
The following attributes are a plus:
Checkout: How To Write A Scholarship Essay – Scholarship Essay Examples
Documents Required for Application
- Academic Credentials*
- 1 Short Essay
- Short Summary of Thesis or Dissertation (World Bank candidates, only if applicable)
- 3 Professional or Academic Recommendations**
*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
Please answer the following (in 750 words or 4,500 characters or less):
- 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
- Given the current global context, how can the World Bank Group help our country clients support and reach a green, resilient and inclusive development? Please include rebuilding on progress lost on the WBG’s twin goals over the past few years, as it relates to your area of work.
September 30, 2022
How to Apply
Before applying, ensure that you meet all eligibility requirements and have reviewed the application checklist below, for required material. Applications must be completed 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.
For more details,visit WBG website