International Monetary Fund Internship Program 2021 for Young Professionals

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Deadline: Ongoing
Open to: active students, below the age of 32 or 28
Benefits: competitive salary and transport

Description

Applications for the International Monetary Fund Internship Program 2021 are now open. The IMF recruits for the Fund Internship Program on a global basis with approximately 50 students from around the world joining them each year at IMF headquarters in Washington, D.C. These paid internships take place between June and October and run for 10 to 12 weeks.

The IMF summer interns gain an insider’s view of the member-country-focused mandate and critical international work of the IMF. You will build professional networks while you apply your research and analytical skills to help the IMF explore questions of real importance to their member countries and to global economic stability. Whether you see a future for yourself in international organizations or are simply curious about policy and operational work, this is an ideal opportunity to familiarize yourself with both while leveraging your cutting-edge skills and expanding your research experience.

Responsibilities

Interns will work closely with an experienced IMF colleague on a current issue or research question of importance to their members. The results of your work may be presented to IMF staff at the end of your internship, and many of their interns have had their work published by the IMF.

Previous FIP research topics have included:

  • A Bottom-Up Approach to Modeling Inflation Dynamics in LAC.
  • Taking Stock of Digitalization and its implications for Inflation Dynamics and Monetary Policy.
  • A Review of the Experience with Diversification, Poverty Reduction, and Inequality.
  • The Role of Prudential Policies in Attenuating the Credit Cycle.
  • Macro-Financial Performance, PFM, and Corruption Indicators.
  • The Role of Intangible Assets and Innovation Policy in ASEAN.
  • What is Behind High Interest Rate Spreads in Africa?

The IMF’s Legal Department also offers internships under this program. In past years, Legal Department projects have included:

  • 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 in AML/CFT Efforts

Eligibility

For the Economic internship, you should have concentrated your studies on monetary and international economics, public finance, financial markets, economics, or a related field. In addition, you should possess strong analytical and quantitative skills and have an excellent command of written and oral English.

  • If you are currently completing a PhD, you must be:
    • Registered as an active student (i.e. returning to university studies after completing the internship).
    • Below the age of 32 at the start of the internship.
  • If you are currently completing a master’s degree, you must be:
    • Registered as an active student at the time of application (not yet graduated).
    • Below the age of 28 at the commencement of the internship.

If you are applying to the Legal Department Internship you must be:

  • Within one to two years of completing an LLM, J.D, or equivalent advanced degree in law.
  • Below the age of 32 at the commencement of the internship.

Benefits

This internship is paid. Participants receive:

  • A competitive salary.
  • Round-trip restricted economy class air travel from their university to Washington, D.C.
  • Limited medical insurance coverage.

How to apply

  • Students in macroeconomics or a related field should apply here and, after completing all fields in the form, be sure to enter 1800920 into the field titled, “Job Number.”
  • A Law student or a student in a related academic field should apply here, and, after completing all fields in the form, be sure to enter 1800904 into the field titled, “Job Number.”

For more information, please visit the official webpage.