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HomeSCHOLARSHIPSHow to Apply: 2024 IMF Fund Internship Program For International Students

How to Apply: 2024 IMF Fund Internship Program For International Students

Are you looking for an exciting and challenging internship at a prestigious, international financial institution?

 

Are you within a year or two of completing your PhD in economics or a related field or completing a Master’s degree in economics?

The International Monetary Fund’s (IMF) Internship Program (FIP) may be the right opportunity for you! 

IMF Fund Internship Program Overview

IMF Fund Internship Program Details

The IMF works to foster global monetary cooperation, secure financial stability, facilitate international trade, promote high employment and sustainable economic growth, and reduce poverty.

Our work on the macroeconomic benefits of challenges such as empowering women, modernizing the global trading system, wage inequity, and climate change, provides new ideas to safeguard the stability of the international monetary and financial system and addresses the world’s most pressing macroeconomic and financial issues .

Our 2,800 dedicated employees are leaders in their fields and collaborate to address the needs of our members and make a meaningful, positive difference to lives across the globe. 

Successful applicants will undertake a 10-12 week paid internship between June and September 2024. The precise dates of the internship will be agreed between the intern and IMF supervisor at time of offer. The internship will be in-person located at the IMF headquarters in Washington DC.

Under the guidance of an experienced IMF colleague, you will conduct research and analysis on a topic determined by the Fund. Your work may culminate in a research paper and may be published internally. 

To learn more about the FIP and hear from previous cohort interns, check out the FIP page on IMF Careers.

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Requirement for IMF Fund Internship Program

To compete for the FIP, at a minimum you must meet the following criteria:

PhD students

  • Be within one to two years of completing a PhD in macroeconomics or a related field.

  • Be in student status at the time of the internship (i.e. continuing PhD studies after the internship).

  • Be below the age of 32 at the commencement of the internship.

  • Have an excellent command of English, written and oral.

  • Possess strong analytical, quantitative and computer skills.

Master’s students

  • Completing a Master’s degree in macroeconomics or a related field.

  • Below the age of 28 at the commencement of the internship.

  • Have an excellent command of English, written and oral.

  • Possess strong analytical, quantitative and computer skills.

Interview date, Process and Venue for IMF Fund Internship Program

Only candidates who are identified for further consideration will be contacted by a FIP recruiter. Incomplete applications will be rejected

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Aim and Benefits of IMF Fund Internship Program

Successful applicants will undertake a 10-12 week paid internship between June and September 2024. The precise dates of the internship will be agreed between the intern and IMF supervisor at time of offer. The internship will be in-person located at the IMF headquarters in Washington DC.

Required Documents for IMF Fund Internship Program

To be considered, your application must include: 

  • Fully completed application form and responses to all questions.
  • A personal CV/Resume, as an attachment.
  • A recent transcript for the university program in which you are currently registered (showing your current status and recent grades).

How to Apply for IMF Fund Internship Program

Interested and qualified applicants should click the link below to apply .

For more details, visit IMF career website

Deadline: February 15, 2024

Frequently Asked Questions about IMF Fund Internship Program

Is this a paid Internship?

Yes, this internship is paid.

What kind of visa would I need, and would the IMF facilitate this?

If you are not a citizen or permanent resident of the U.S., and do not have another work authorization that would allow you to work at the IMF, you will need a G4 visa. We will provide the paperwork necessary to facilitate your G4 visa request with U.S. authorities.

What are the minimum and maximum durations of the Internship?

The minimum duration is 10 weeks and the maximum duration is 12 weeks.

Will someone notify me when my internship application is received by your office?

You will receive a system-automated acknowledgement of your application. Only candidates who are shortlisted for further consideration will be contacted by a FIP recruiter.

If I am selected for an internship, when would I start?

Internships may commence on either one of the two assigned dates — June 3 and June 17, 2024. Which start date will apply to you will be confirmed at the time of the offer.

Are there any exceptions to the age limit?  

The only exception is for time spent in mandatory military service.

Does the IMF provide housing for non-local interns?

The IMF does not provide housing, nor housing assistance. Interns are responsible for finding and securing their own accommodations.

A Quick Guide to Applying for Scholarships

Applying for a scholarship involves a systematic and strategic approach. Here’s a step-by-step guide to streamline the application process:

Research and Identify Scholarships

In the vast landscape of scholarships, cast a wide net during your research phase. Explore online scholarship databases such as Fastweb, Scholarship.com, and College Board. Additionally, delve into specific scholarship opportunities offered by universities, governmental bodies, non-profit organizations, and corporate foundations. Keep an eye out for both merit-based and need-based scholarships.

Check Eligibility Criteria

Pay meticulous attention to the eligibility criteria set by each scholarship. This includes academic requirements, citizenship status, intended field of study, and any unique criteria established by the scholarship provider. Ensure that you meet all the specified conditions before investing time and effort into the application.

Gather Required Documents

Organize a comprehensive portfolio of documents to streamline the application process. Academic transcripts, standardized test scores, letters of recommendation, and proof of extracurricular achievements should be readily available. Maintain digital copies for easy submission and keep physical copies for reference.

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