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Funded Master's and PhD Fellowships in the United States 2021

By: The World Bank GroupLast update:
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Applicant criteria

NationalityNo specific nationality required
SpecialityBusiness
Age
  • 18 - 35
Gender
  • Both

Opportunity criteria

Opportunity FieldMarketing, Business and Finance, Entrepreneurship and Innovation
Job locationUnited States
DegreeMaster, Phd
Needed documentsCV, Sample of your work, Recommendation Letter, others
Deadline2021-04-29

Opportunity description

The World Bank is offering graduate researchers the Robert S. McNamara Fellowships Program (RSMFP). This program matches aspiring development economics researchers from developing countries with World Bank research economists creating unique opportunities for the fellows to participate in rigorous policy-relevant research in the World Bank’s Development Economics Vice Presidency (DEC). Fellows will be hosted at the World Bank in Washington, D.C. for 8 months (September to May) and work under the supervision of researchers in the World Bank’s Development Impact Evaluation (DIME) and Development Research Group departments, engaging in high-quality and policy-relevant research projects.

By working with World Bank DEC researchers and their external academic collaborators from top universities, fellows will learn current research standards, acquire new econometric skills, and network with leading researchers in their field. They will have a unique opportunity to participate in rigorous policy-relevant research and widen their perspective on potential development questions, and how their research can address challenges in the developing world.

Benefits

After completing the program, fellows will return to their home country or university to continue their studies and/or use their new skills to contribute to economic development issues.

Key Program Features:

Professional experience: Fellows will work on World Bank projects under the direct supervision of World Bank DEC researchers and will be offered training on cutting-edge research practices and technologies and engage with the World Bank operations. Depending on the nature of projects, they will have the opportunity to contribute to DEC’s published work and potentially co-author with DEC researchers, join field missions, and directly engage with World Bank clients.

Capacity building: Fellows will receive a one-week technical onboarding at the start of the program, including training on reproducible research practices. Throughout the program, fellows will participate in periodic continuing education trainings and events, to further build skills. Through their work with DEC economists, fellows will enhance their ability to identify, study, and write about important development policy questions.

Research dissemination: Fellows will be invited to write a blog based on their fellowship research with the DEC researchers. This is an opportunity to showcase research and contribution to development policy discussions. The top 4 blogs will be published on DEC’s Let's Talk Development blog.

Compensation & Benefits:

The RSMFP offers a competitive compensation, totaling $42,750 net of income taxes per fellow for an 8-month fellowship (paid in monthly installments). Since the fellows will be hosted at the World Bank in Washington D.C., the World Bank’s HR Operations unit will assist the selected candidates with their ap­plication for a G4 visa.

Note: The fellowship does not cover travel expenses.

Eligibility criteria

To be considered for the RSMFP, applicants must be:

  • Nationals of World Bank WBG member countries, with preference to nationals of developing countries;
  • Graduates of MA level studies or currently pursuing a PhD in Economics or a related field;
  • No more than 35 years of age (by June 30th of the year the fellowship starts);
  • Available to relocate to Washington, D.C. for the duration of the fellowship.

Selection process:

Applications for the fellowship are open annually between March and April for cohorts starting in September of the same year. Applicants must submit a resume, a statement of research interests, contact details for a letter of recommendation, a writing sample (optional), and a code sample (optional). The statement of research interests should describe research interests and indicate the research programs of interest within DEC. Fellowships will be awarded based on application materials and demonstrated skills in required software. Cohort formation will seek to achieve geographical and gender representation.

About The World Bank:

The World Bank is an international financial institution that provides loans and grants to the governments of low- and middle-income countries for the purpose of pursuing capital projects. It comprises two institutions: the International Bank for Reconstruction and Development (IBRD), and the International Development Association (IDA). The World Bank is a component of the World Bank Group.

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