International Monetary Fund Paid Internships for Young Professionals
International Monetary Fund Paid Internships for Young Professionals
The International Monetary Fund Internship Program for Young Professionals provides an opportunity for Masters & Doctoral students to gain an insider experience of the integrated, member country focused, mandate and work of the IMF.
Interns are assigned cutting-edge research in macroeconomics or a related field (the exception being an internship in the IMF’s Legal Department), supervised by an IMF colleague.
Requirements:
To be eligible for the FIP, candidates must meet the following criteria:
PhD Students
Must be within one to two years of completing a Ph.D. in macroeconomics or a related field and be in student status (i.e. must be returning to university after the internship).
Typically, internships are sought by those who are interested in the IMF’s Economist Program following graduation from the Ph.D.
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 Degree Students
Must be in student status at the time of application (not yet graduated)
Be 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
Benefits:
A competitive salary;
Round-trip restricted economy class air travel to Washington, D.C. from their university; and
Limited medical insurance coverage.
Program Overview
Internships are offered to about 50 students each year.
Work is undertaken at IMF headquarters in Washington D.C., between June and October. Internships are a minimum of 10 weeks duration, and maximum of 12 weeks duration.
Fund interns work under the supervision of experienced colleagues to carry out a research project, and prepare a research paper.
Papers may be presented to IMF staff at the end of the internship, and those of the highest standard may be published internally to the IMF.
Research topics are derived from the IMF work program—the host department’s needs.
Past projects have delved into a broad spectrum of economic issues. A few of the previous research topics included:
Preferential access to credit: evidence from Brazil
Credit Demand and Supply during the U.S. Recovery
Climate change—a contribution to this analytical chapter in the October 2017 WEO
Impact of commodity price shocks on financial stability in developing countries.
Explore non-linear effects of oil price shocks on growth (Kazakhstan).
Spillover effects of ECB unconventional monetary policies
Impact of foreign direct investment and portfolio investment on
gender inequality in developing countries
Systemic risk amplifiers for stress testing based on inferred networks
Survey literature on public sector BSA
Spillovers: measuring third party effects
Technology and income polarization
Carbon tax, structural transformation and inequality
Consumption and wealth in Italy
Debt sustainability, capacity to repay and other risk assessments
Productivity and volatility in Europe/Euro Area
Financing costs in sub-Saharan Africa—Overshooting or fundamentals?
Trade Integration in Latin America
Macroeconomic and structural policies and gender inequality
Bond trading: big data analytics
Evaluating post-implementation effects of the G20 financial regulatory reforms
Bench-marking policy frameworks in low-income countries
The IMF’s Legal Department is also offering an internship under this program.
The successful applicant will be assigned research for the Legal Department and be supervised by a senior member of the department.
In past years, the Legal Department’s FIP has had the opportunity to complete:
Analysis of the legal framework for capital controls under the European Economic Area
Research on the insolvency of non-bank financial institutions
Research on the legal mandate of the IMF in financial regulation
Cross-country comparisons of effectiveness of AML/CFT efforts
Application Procedure:
If you are a Ph.D or Master’s student in macroeconomics click here to enter the IMF’s job application system, then enter 1800920 into the field titled “Job Number”.
For the Legal Department Internship: candidates must be within one or two years of completing an LLM, J.D, or equivalent advanced degree in law and below the age of 32.
To apply for this internship, click here to enter the IMF’s job application system, then enter 1800904 into the field titled “Job Number”.
How to Apply
For more information and internship application details, see; application details, see; International Monetary Fund Paid Internships for Young Professionals
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