World Bank Group would like to announce its Young Professionals Program (YPP) which is a starting point for an exciting career. The program is designed for highly qualified and motivated individuals skilled in areas relevant to WBG technical/operations such as economics, finance, education, public health, social sciences, engineering, urban planning, agriculture, natural resources and others. The aim of the program is to identify candidates with technical depth and professional breadth. Fellows will receive a salary, Health, Life, Accident, and Other Insurance Programs, Pension Plan and also receive other benefits.
The World Bank is an international financial institution that provides loans to countries of the world for capital programs. 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.
This scholarship program is applicable for:
- Citizenship of a member country of the World Bank
- 32 years of age or younger (i.e. born on or after October 1, 1984)
- A Ph.D. or Master’s degree and relevant work experience
- Fluency in English
- Full proficiency in one or more of the WBG’s working languages: Arabic, Chinese, French, Portuguese, Russian, and Spanish is desired but not required.
- Specialization in a field relevant to the WBG Technical/Operations such as economics, finance, education, public health, social sciences, engineering, urban planning, agriculture, natural resources, and others.
- At least 3 years of relevant professional experience related to the development or continued academic study at the doctoral level.
- To be competitive for the limited number of positions, a combination of the following credentials is highly desirable:
- Display a commitment and passion for international development
- Possess outstanding academic credentials
- Exhibit excellent client engagement and team leadership skills
- Have international development country experience
- Be motivated to relocate and undertake country assignments
How to Apply
- Applicant should go through the given link and apply online for the scholarship: https://wbcba.worldbank.org/loginpage/AzureADB2CLogin.jsp?TYPE=33554433&REALMOID=06-000959ae-af02-153a-93c0-287a0ab1304d&GUID=&SMAUTHREASON=0&METHOD=GET&SMAGENTNAME=$SM$DhaJn1vXsRJqkDdxbOMgCN%2fJXCsRrDJzqKDudNfkfA7I2Tte4X0itHw3Y3d2KxIC&TARGET=$SM$HTTP%3a%2f%2fwbgypp%2eworldbank%2eorg%2fyppform%2easpx
- Applicant must write an essay to be considered for the scholarship, you must describe in fewer than 1,000 words your own contribution and the potential role of World Bank in resolving some of the above challenges. Focus on your area of expertise to describe your proposal.
Please attach the following documents with your application (mandatory):
- Curriculum Vitae (CV)
- Education Certificates/Transcripts
- Ph.D. Dissertation/Master’s Thesis topics (short summary)
- Application essay
Financial Aid and Award Money:
- Salary: As an entry-level professional in the WBG, Young Professionals are offered an internationally competitive salary, based on their education and professional experience.
- Health, Life, Accident and Other Insurance Programs: Young Professionals and their families (including declared domestic partners) may choose from three comprehensive medical/dental benefit plans. The WBG also provides basic life and accident insurance to all staff at no cost, and staff can elect optional life and accident insurance plans. The WBG also provides disability and Workers’ Compensation coverage to the staff at no cost.
- Pension Plan: The WBG sponsors a comprehensive pension plan for eligible staff. Upon separation from the WBG, either a lump sum or a pension will become payable to the staff based on eligibility.
- Relocation Benefits on Appointment: These benefits are only applicable to staff who are not residents of the Greater Washington-Baltimore metropolitan area at the time of appointment.
- Relocation Travel: The World Bank will bear the cost of one-way transportation of staff and immediate dependent family from the staff member’s residence.
- Relocation Shipment: You may choose to have the World Bank handle your shipping arrangements, or you may elect the Optional Shipment Grant.
- Relocation Grant: A one-time grant is included in the first paycheck to cover the cost of relocation.
- Mobility Premium: A financial benefit is provided for a fixed period of time to cover expenses associated with being an expatriate staff member, based on family size and nationality. This benefit is not available for U.S. citizens and U.S. permanent residents who are based in Washington D.C.
- Tax Allowance: staff receives an additional quarterly payment to cover the U.S., state and local income tax liabilities on their World Bank income. Expatriates and U.S. permanent residents do not incur U.S. income tax liability and are thus not eligible for this benefit.
- Financial Assistance: The World Bank Group offers several financial assistance programs, including a two-year interest-free settling-in loan to those who relocate upon appointment.
Entries for the scholarship will be submitted by July 28, 2017.