IFC and World Bank will join their various Young Professionals Programs to form a World Bank Group Young Professionals Program (WBG YPP).
APPLICATION OPENING: 15TH JUNE 2021
Previous Application Deadline: 30th June 20 20 (Applications open June 1 30 for Many Profiles & re-open August 17-September 2 1 for both IFC and MIGA profiles).
About the Award:
The WBG YPP is a beginning point for an exciting career at the World Bank Group. Young Specialists are all recruited from around the planet with various academic and professional backgrounds pertinent to the World Bank, IFC and MIGA.
The new program is now accepting Software for 3 institutions (the World Bank, IFC and MIGA). Building on the rich heritage of its predecessor programs, the WBG YPP will recruit and grow future leaders to cooperate effectively across our institutions about joint WBG methods to development challenges.
The WBG YPP is really a Exceptional chance For young professionals who have a fire for international development/finance and the capacity to grow into budding leadership functions across the World Bank Group. The program is designed for highly motivated and qualified individuals that hold a graduate degree and are skilled in areas related to private and public industry growth surgeries. These areas consist of economics, finance and political risk insurance from emerging markets, education, health, social sciences and infrastructure creation, technology, urban planning, agriculture, natural resource management along with also others. you can their website to learn more Young Professionals Program (WBG YPP)
or visit world bank website to see all about them.
Eligibility: We welcome all qualified people from diverse Professional, educational, and ethnic backgrounds to employ. Sub-Saharan African nationals, Caribbean nationals, women and persons with disabilities are strongly encouraged to employ.
- Born on or after October 1, 1988
- Master or doctoral degree*
- Specialization at a field related to YPP Business Areas applicable professional expertise or continuing study at the doctoral level**
- Fluency in English
- The Banks Group recruiting policy is to seek the services of staff of the highest grade, on as wide a geographical basis as possible, with preference to nationals of both WBG member states or countries of operations.
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*Graduate degree requirements change By institution:
For WB placement: Entire a pertinent graduate degree by June 30, 2020 or even a PhD before September 2021.
For IFC & MIGA placement: Complete a pertinent graduate level (ex: Master of Business Administration, Economics, International Relations, Science, and Engineering) before September 2021.
**Professional expertise Conditions vary by association:
For WB positioning: Prove 3+ years of relevant experience, Or the same in continuing study at the doctoral stage.
For IFC & MIGA placement: Demonstrate4+ years of relevant experience In fund, political risk insurance and credit enhancement, project/program development, economic development and/or consulting. Certifications such as the CFA really are an advantage.
- To remain competitive, applicants must In addition:
- Show a devotion and passion for international development
- Have outstanding academic credentials
- Exhibit excellent team leadership skills and client engagement
The following attributes are a Plus:
- Work experience in developing countries or emerging markets
- Complete proficiency in a few of the following official WBG languages: Arabic, Chinese, Chinese, Portuguese, Russian, and Spanish.
Selection Criteria: We’re Searching for applicants that demonstrate a passion for Global development, graduate education, relevant professional experience, and the capacity to grow in to budding leadership roles across our institutions.
Eligible Countries: All
To be taken at: IFC , MIGA or World Bank
Amount of awards: Maybe Not defined
Value & Duration of Award: YPs are offered a competitive salary and benefits package As a portion of a 5-year term contract. Benefits include health, life and accident insurance policy plan, a retirement program and possible movement and mobility benefits based on WBG Young Professionals Program guidelines.
The WBG YPP is a two-year direction Development application at the beginning of a five-year employment contract together with the World Bank, IFC or MIGA. As part of the two-year program, YPs undertake rotational assignments inside their sponsor company, still yet another WBG institution and/or a field division, where they develop invaluable handson expertise in different areas of our organization. WBG YPs make significant contributions to their host unit’s job program, while building networks and knowledge of our policies and operations –on the project and in the class room.
Younger Professionals are likely to Join colleagues on business trips to the field, also called’assignments’ These missions make it possible for YPs to focus on the frontlines of international development, learning key elements of our work while directly engaging with customers in developing countries. Furthermore, as a portion of this WBG YPP curriculum, YPs are encouraged to take rotations within the specialty.
The WBG YPP curriculum was Designed to make certain that YPs develop into a WBG mindset, the foundational knowledge to understand and contribute to our own enterprise and the competencies required for leadership development: team-building, collaboration, innovation, continuous learning and integrative thinking.
The program includes a mix of Learning actions, in cohort, small group and individual settings, both on the web and on site. Activities range from leadership training and career advancement workshops to media, mentorship and conversations using WBG leadership.
How to Employ: Software for your WBG YPP cohort will start From June 1 — June 30 for all profiles also certainly will re open from August 17 — September 21 for both IFC and MIGA profiles simply.
To be considered for the WBG YPP, Applicants should submit:
- Academic Transcripts*
- 2 Short Essays
- Brief Summary of Thesis or Dissertation (World Bank candidates just )
- 3 Professional or Academic tips **
*Transcripts must display an Expected graduation date, even if now registered.
**Ideas will be requested Via email during the qualification screening stage.
Question one:In 500 words or not, please inform us what arouses you To work in the World Bank Group and why you would be a good fit for your own WBG YPP. You will incorporate your own personal and qualified experience (field of expertise( area or business ) on your answer.
Question Two: In 500 words or less, please discuss your thoughts on The value of the new World Bank Group Young Professionals Program and why joint WBG solutions (public, public-private & private) to development challenges are indeed crucial.