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Paid Summer Internship at the World Bank in USA

World Bank Group
International Organisation World Bank Group
Closing date :
2017/02/19
Paid Summer Internship at the World Bank in USA

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IFC hires summer interns each year for a minimum period of four weeks between May and September to work on discrete projects in Washington, DC or in one of IFC's country or regional offices. IFC's summer internships are paid positions. We receive about 1500 applications each year, from which 30-40 candidates are selected. Summer Interns are assigned to an industry, regional or service department within IFC. Assignments cover various areas of work, such as sector-specific business development, investment proposal review, financial modeling and analysis, advisory services strategy, and ex-post investment project evaluation. The assignment depends on the needs of the department and the particular fit for the candidate.  Departments hire directly by contacting short-listed candidates.

Following a thorough evaluation process at the conclusion of the internship, successful interns are encouraged to apply for the IFC Young Professionals Program to work as an Associate Investment Officer position, or any other full-time opportunity available after graduation.

Selection Criteria:

Candidates must be in the first or second-to-last year of an MBA or similar graduate program. Specific selection criteria include:

  • For investment positions, work experience (3-6 years) in international finance, which could include corporate finance, investment banking, financial consulting, private equity, credit analysis, or commercial banking.
  • Knowledge of sectors relevant to IFC and emerging markets experience preferred.
  • Strong analytical, communication and negotiation skills.
  • Business development and client relationship skills.
  • Enthusiasm for working in multicultural teams and across borders.
  • Fluency in English; proficiency in one or more of Arabic, Chinese, French, Russian and Spanish strongly preferred.
  • Commitment to sustainable private sector development.

Application and Selection Process:

The application period opens December 3, 2018, and closes January 15, 2019.  The short-list is created by the IFC HR Programs Team and shared IFC wide to hiring Managers by mid-to-late February.  Managers are then free to hire from that list.

About IFC: 

The International Finance Corporation (IFC) is an international financial institution that offers investment, advisory, and asset management services to encourage private-sector development in developing countries. The IFC is a member of the World Bank Group and is headquartered in Washington, D.C. It was established in 1956, as the private-sector arm of the World Bank Group, to advance economic development by investing in for-profit and commercial projects for poverty reduction and promoting development.

Eligibility

Nationality
United Arab Emirates, Bahrain, Djibouti, Algeria, Egypt, Iraq, Jordan, Comoros, Kuwait, Lebanon, Libya, Morocco, Mauritania, Oman, Palestine, Qatar, Saudi Arabia, Sudan, Somalia, Syria, Tunisia, Yemen
Country of residence
Any Country
Gender
Both gender
Interest
Finance, Business

Opportunity Information

Opportunity Targeting
Graduate Students
Funding
Partial funding
Opportunity Coverage
Other
Opportunity will take place in
United States
Required Documents
CV, others

Educational Conditions

Required Specialties
Business
Educational Level
Bachelor
Required Languages
English
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World Bank Group

With 189 member countries, staff from more than 170 countries, and offices in over 130 locations, the World Bank Group... More details