Program(s) Offered: Any discipline
Program Level: Training, Career, Jobs
Provider: World Bank Group
Country to Work in: Several countries
Scholarship Description
The Young Professionals Program (YPP) is a starting point for an exciting career at the World Bank Group. It is a unique opportunity for younger talent who have both a passion for international development and the leadership potential to grow in fascinating top technical and managerial roles in the World Bank Group (WBG).
The YPP 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. Young Professionals (YPs) are offered a five-year renewable term contract, spend 24 months in a structured development program, and enjoy a variety of benefits and opportunities.
To be competitive for this highly selective program, candidates need to demonstrate a commitment to development, proven academic success, professional achievement, and leadership capability. The application for the 2019 Selection Process for the Young Professionals Program will open from June 14 – July 31, 2018.
Eligibility
Minimum Requirements:
The following are the minimum requirements to be eligible for the Young Professionals Program.
- Citizenship of a member country of the World Bank Group
- Be born on or after October 1, 1986
- A PhD 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 three years of relevant professional experience related to 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
Citizens of World Bank Member countries (see the complete member countries of the World Bank Group)
Participating Institutions
Offices of the World Bank group (WBG) spread across the world
Fields of career
Areas relevant to WBG technical/operations such as economics, finance, education, public health, social sciences, engineering, urban planning, agriculture, natural resources and others
Program Features:
- Professional Experience: YPs are expected to make significant contributions toward their unit’s work program while they gain a broad overview of the WBG’s policies and work.
- Field Work: YPs in the Operations stream are likely to join colleagues on field business trips, also called ‘missions,’ in developing countries.
- Training: A comprehensive development curriculum has been designed to ensure that YPs develop a WBG mindset, quickly gain the foundational learning needed to understand and contribute to the WBG, and build the competencies required at an officer’s level.
- Coaching and Mentoring
Every year, around 40 applicants are accepted into the program
Sponsorship duration
YPs are offered a five-year renewable term contract, spend 24 months in a structured development program, and enjoy a variety of benefits and opportunities.
Scholarship benefits
Compensation and Benefits:
- Salary: As an entry-level professional in the WBG, YPs are offered an internationally competitive salary, based on their education and professional experience.
- Health, Life, Accident, and Other Insurance Programs
- Pension Plan.
- Relocation Benefits.
- 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.
- Tax Allowance.
- Financial Assistance: The WBG offers several financial assistance programs, including a two-year interest-free settling-in loan to those who relocate upon appointment.
Competition is keen. The World Bank receives thousands of applications for a limited number of positions. Most candidates exceed the minimum criteria. Before You Apply, please ensure that: 1). You meet the minimum requirements for eligibility for the YPP and, 2). You have all the information at hand including key dates, an updated Curriculum Vitae (CV), Education Certificates/Transcripts, PhD Dissertation/Master's Thesis topics (short summary), if applicable, and the Application Essay ready to be uploaded.
You will need to visit the official website for the Topic of "Application Essay for the 2018 Selection Process". Do ensure yo go through the Application Checklist which is meant to facilitate your application experience. Once you submit your application, you will not be able to make any changes/updates. Applicants will be informed of their status as the process moves along.
DEADLINE:
The application for the 2019 Selection Process for the YPP at the World Bank will be opened from June 14 - July 31, 2018.
PLEASE NOTE:
The World Bank Group (WBG) is a family of five international organizations that make leveraged loans to developing countries. It is the largest and most famous development bank in the world and is an observer at the United Nations Development Group. The bank is based in Washington, D.C.
The World Bank Group offers unique programs that provide learning, staffing, and capacity-building opportunities for junior and mid-career professionals to experience first-hand what working at the WBG is like. For more than 50 years, the Young Professionals Program has been the preeminent program preparing global development leaders.
Application Deadline: 31 July 2018
Open to International Applicants: Yes
More Scholarship Information and Application
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