What fields of studies are most in demand by the Bank? Must be enrolled in the second-to-last year of the equivalent of a four . Check our Initial package, which includes our ebook and an application review to help you get your dream internship: It is important to stress that the OpenIGO network is not formally linked to the UN System , World Bank or any other intergovernmental organization. Additionally, this chapter also provides samples of Statements of Interest from candidates who were successful in the selection process. For investment positions, work experience (3-6 years) in international finance, which could include corporate finance, investment banking, financial consulting, private equity, credit analysis, or commercial banking; Knowledge of sectors relevant to IFC and emerging markets experience preferred; Strong analytical, communication and negotiation skills; Business development and client relationship skills; Enthusiasm for working in multicultural teams and across borders; Commitment to sustainable private sector development. } We do not send out any notice if you have not been selected. Application Checklist:the following application checklist is meant to facilitate your application experience. Data and research help us understand these challenges and set priorities, share knowledge of what works, and measure progress. Following the tips and suggestions given in the World Bank Internship eBook, a candidate will be able to prepare an effective statement of interest, increasing their chances of entering the World Bank Internship Program. For example, you may find graduate programs requesting a statement of interest instead of a statement of purpose. 1225 Connecticut Ave NW. "There is no one profile of a summer intern. Applicants must be full-time students, currently in their Master's or PhD programs and must be returning to school in the Fall in the case of the Summer Internship and returning to school in the Spring in the case of the Winter Internship. We also present some question/answer examples to help candidates understand these strategies in depth. OpenIGO is an extensive networkcomposedof former young professionals, professors and researchers from the best universities in the world, international civil servants and Human Resources specialists. This letter and the attached resume are my strong expression of interest in working as a Monitoring and Evaluation Specialist for The World Bank. The Western and Central Africa Region of the World Bank is looking for dedicated professionals with a passion for international development to join our innovative and diverse staff. The fit of your documents with the World Bank policies and strategies will be evaluated. Therefore, if you are not honest, as well as not being selected, your reputation will be tarnished. Proofreading highly qualified native English proofreaderswill check your writing, formatting, correct errors and suggest improvements; Technical review a team formed of PhD professors with vast experience at intergovernmental organizations will carry out a technical review of the documents that you submit to the World Bank internship, offering feedback for improvement. Since its inception, the Summer Internship Program has included 13 nationalities, 47% women, and US- and non-US-based students, hailing from every region of the world. If you continue to navigate this website beyond this page, cookies will be placed on your browser. Begin with a strong opening: You would want to stand out from the many other applicants for the job. What is the advantage for the World Bank in hiring interns? During this period the Bank receives between 2000 and 3000 applications. The World Bank Internship Program (BIP), open to highly motivated people, allows them to get exposed to the mission of the World Bank. Fluency in English is required. The organization comprises five agencies, of which the two main ones are the International Bank for Reconstruction and Development and the International Development Association, which provides funding and technical support for development projects in middle- and lower-income countries. You or your sponsoring institution will be responsible for the costs and arrangements of obtaining the visa (if needed to do the internship). With thousands of applications received across the world, the program, along with the Treasury Diversity, Equity and Inclusion (DEI) Team, developed . Unfortunately, given that we typically receive about 5,000 applications each year for the Summer Program and 2,000-3,000 for the Winter Program, we are only able to acknowledge that your application has been received. A statement of interest, also known as a letter of intent or application essay, is often required to apply for a position in World Bank. According to one of our faculty members, "The statement of interest is your opportunity to provide more evidence that you will succeed in your program." Your statement of interest should be a single page. That is to say, to galvanize and coordinate a global effort in order to deliver quality education for all children from developing countries. Remember that facts presented in a document can be checked during the selection process and the recruiters also have extensive experience and are able to easily recognize facts that are not true. Sample Expression of Interest Letter for a Job, 10 Solar Installer Resume Objective Examples, Entry Level Event Planner Cover Letter No Experience. The internship period ranges from a minimum of 4 weeks to 11 weeks at most. Earning a Master's Degree in International Relations is the driving force behind my interest in working as a Monitoring and Evaluation Specialist for The World Bank. Statement of interest: the search for a definition. The value invested is nothing compared to the energy you have invested up until now, and with the benefits you will obtain when you are approved! Having carefully studied and understood the effort that The World Bank is making to deliver good quality education to children of the third world, prioritizing the poor and vulnerable, I would like to contribute to your efforts. N _rels/.rels ( j0@QN/c[ILj]aGzsFu]U ^[x 1xpf#I)Y*Di")c$qU~31jH[{=E~ The application cycle for the 2023 Summer Internship is closed. As you know, submitting a Statement of Interest (SI) is a World Bank Group (WBG) Internship Program requirement. . The internship aims to bring exceptional college students, who possess a demonstrated interest in a financial career, to support the World Banks development mandate. Data and research help us understand these challenges and set priorities, share knowledge of what works, and measure progress. With 189 member countries, staff from more than 170 countries, and offices in over 130 locations, the World Bank Group is a unique global partnership: five institutions working for sustainable solutions that reduce poverty and build shared prosperity in developing countries. The application process requires you to submit: It is of fundamental importance that your documents are carefully reviewed. The World Bank Internship Program offers highly motivated individuals an opportunity to be exposed to the mission and work of the World Bank (WB) in international development. Discover why you should buy our WB Internship Products & Services! Initial registration with the Member Center; Filling out the candidate profile (Personal History Form); Searching for internship openings offered in the application period; Filling out the World Bank Internship Application Form; Creating a profile and preparing an application; World Bank Internship Statement of Interest; Proof of Enrollment in a graduate degree. The initial date of the internship shall be coordinated between the intern and the organization. Knowledge of French, Spanish, Russian, Arabic, Portuguese and Chinese may be advantageous in the selection process. LIP is offered thrice a year (spring, summer, and fall cycles) for a period of maximum three months at World Bank Headquarters in . A review of your documents will be carried out in two stages: Would you like to know more about our application review service? The internship allows individuals to bring new perspectives, innovative ideas, and research experience into the . Managers then access the system and select candidates according to the needs and criteria of their respective areas. The Bank receives between 2,000 and 4,000 applications during this period. In pursuit of its mission, the OpenIGO network hasprepared a comprehensive eBook and support and guidance services,with the aim of highly increasing your chances of success in this competitive process. Therefore, if you have contacts who may have some influence at the Bank, this is a good time to mobilize them. The UN System does not charge a fee for applications, interviews, the processing of applications, or any recruitment related processes. Additionally, I have vast experience in helping to develop strategies to resolve financial problems. Usually, only selected applicants will be contacted for the World Bank Internship interview, which is normally conducted by phone. The main points covered in the interview vary according to the opening of choice. Region: USA. Afterall, what is a statement of interest for the World Bank Internship Program? The purpose of the Internship is to provide graduate students with a chance to gain exposure to the work of the World Bank Group in the hopes that some will be interested in returning to the Bank . The application process requires you to submit a: It is worth mentioning that incorporating the World Banks vocabulary and mindset in the documents presented for selection is fundamental. The World Bank Internship Program team seeks to evaluate the following aspects of the candidate from their statement of interest: technical knowledge, skills, knowledge about the organization, cultural fit and communicative capacity. This means that the statement of interest the World Bank Internship Program requests is a document in which the candidates must: In the statement of interest, the candidate should show their enthusiasm for taking a World Bank Group internship and present the credentials that qualify them as the best choice the recruiter could make. ]..Is~I$G&FT6R\7I:gw#pGFesbG0q7%~. Review your statement of interest: It is fundamental you have an organized text without any grammatical and spelling mistakes that correctly uses words and technical jargon. We can help! The internship allows individuals to bring new perspectives, innovative ideas, and research experience into the Bank's work while improving skills in a diverse environment. Application Deadline:January 31st 2022 The World Bank Group Internship Program is now accepting applications through January 31st for its Summer Term (May - September 2022). The World Bank Group works in every major area of development. There is nothing better than numbers to install confidence in the information you present. A sample CV of a candidate who was successful in the World Bank Internship Program is also included. Applications are currently open through January 31st for the Summer Internship Term. gs(/ ( [Content_Types].xml ( j0EJR(eh4MmIHw;$6ML6yf32uKp>3:fLc5}YQh%r!flN7|@,EO{B!|d,h$i The internship allows individuals to bring new perspectives, innovative ideas and research experience into the Bank's work, while improving skills in a diverse environment. Applications are currently open through January 31st for the Summer Internship Term. No worries, the World Scholarship Forum has compiled a list of ten internship programs with The World Bank Group and provides you with information on eligibility and application guidelines. Do you want to become the next World Bank Intern? A World Bank Internship Program Statement of Interest. In this eBook, you will also find two samples of statement of interest! . PK ! In pursuit of its mission, the OpenIGO network hasprepared a comprehensive eBook and support and guidance services, with the aim of highly increasing your chances of success in this competitive process. You can read the profiles on the Student & Graduate Careers portal: treasury.worldbank.org/studentcareers. Facebook. A cover letter is a one-page document submitted together with a Curriculum Vitae (CV) or resume and the other documents required for a posted job opening. Completing the World Bank Internship Application Form: the candidates contact information and data on professional and academic experience are required and documents are uploaded. Hiring decisions by the hiring departments expect to be made in November/December 2022 when job offers will be made. However, you may request financial aid from a sponsoring institution, for example, a university and/or government agency in your country. In general, there is no payment on holidays and weekends, unless interns are required to work during such periods in special cases. All applications must be submitted online and during the respective application period. With the information presented in this chapter, we expect to help candidates to write an effective statement of interest so as to make their candidature stand out in the World Bank Group Internship Program selection process. Creating a profile and submitting an online application; Evaluation of the application (undertaken by managers); Competency-based interview (only selected applicants); Proof of enrollment on a graduate degree program This document may be submitted in English or the candidates native language. -F#h`$bcgsXb&3)|JX"4?H(#ue For each season, hiring is solely based on business needs. Applicants must be citizens of a WBG member country. 2. It is important to stress that the OpenIGO network is not formally linked to the UN System , World Bank or any other intergovernmental organization. The World Bank Internship Program team seeks to evaluate the following aspects of the candidate from their statement of interest: Writing a statement of interest for the World Bank Internship Program is no easy task. The eBook is divided into 9 (nine) chapters and one attachment, and contains more than 130 pages. Applications are open for the World Bank Internship Programme - Winter 2022. Fluency in English is required. Knowledge of languages such as: French, Spanish, Russian, Arabic, Portuguese, and Chinese is desirable. 3000 applications with the World Bank policies and strategies will be evaluated between 2,000 and applications! Job offers will be made in November/December 2022 when job offers will be evaluated CV of a WBG member.... Enrolled in the interview vary according to the needs and criteria of their respective areas this! 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