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NOTE THAT YOU CAN USE THE TIPS IN THIS EBOOK TO PREPARE FOR THE IMF ECONOMIST PROGRAM!

The International Monetary Fund offers different opportunities to professionals looking to kick-start their careers with the organization, through which they select highly qualified and motivated people to work in its various areas of activity. There are internships and research programs, consultant vacancies, the economist program, administrative jobs, among others. In pursuit of its mission, the OpenIGO network has prepared this comprehensive eBook to help candidates navigate through the IMF job and career opportunities.

In order to start a career with the IMF, applicants must know what are the existing recruiting initiatives, their eligibility criteria and the different stages of the selection processes, as well as have a broad understanding of the culture and values of this complex international organization.

In the first part of this eBook, we start by giving you an overview of the International Monetary Fund so that you can get familiarized with the organization’s history and its different job programs and structures. The information contained in the first chapters is essential for candidates to understand the organization they are applying to a bit more in-depth, especially considering that they may be called on to display this kind of knowledge during the selection process. The second section proceeds to address the selection process itself, explaining each of its stages and how to prepare for them.

This is what you are going to find in each chapter of our IMF Jobs and Careers eBook:

Chapter 01 – The International Monetary Fund: Understanding the Organization

Presents the IMF through its administrative organization, its history, its deci­sion-making system and strategic activities. This chapter is essential, since it is very common for candidates to have difficulties with understanding this complex organization during their various selection processes. Over­coming this difficulty is extremely important for those who wish to work at the IMF, since knowledge about the organization and its strategies is essential during any of its selection processes.

 Chapter 2 – IMF Jobs and Careers: An Overview

Presents the IMF Jobs portal; the IMF job programs; the career structure and remuneration policy and benefits.

Chapter 03 – The International Financial Institutions’ (IFIs) Development Models: Timeline and Chapter 04 – The Foundations of New Institutionalism and New Public Management Applied to IFIs Policies are complementary.

Throughout their history, International Financial Institutions (IFIs) have been supported by different theoretical models to advance their international development strategies and policies. Knowledge of these models (particularly the current one) is essential for IMF candidates, since they must present solutions to the questions posed during the selection process, which are in line with the organization’s way of thinking. Therefore, Chapter 4 presents a summarized history of IFIs’ international development models, from their creation until current times, while Chapter 4 explains the theoretical foundations of the current neo-institutional economic model, presenting its main premises and concepts and providing a study guide to help candidates gain a better under­standing of it.

 Chapter 05– Crafting the Ideal Resume/CV

Assists candidates to craft a strong Resume or Curriculum Vitae (CV), which is essential to reinforce their chances of success in the selection process and for them to stand out from other candidates. In this chapter, subjects such as the content and structure of an effective Resume, visual aspects and common mistakes will be covered and various tips provided. A sample Resume of a candidate who was successful is also included.

Chapter 06 – Writing an Effective Cover Letter

Explains what a Cover Letter (CL) is, presenting its basic structure and assisting candidates in the process of writing an effective CL. Includes a sample Cover Letter of a successful candidate.

Chapter 07 – Reference Letters

Helps candidates obtain effective reference letters, which can significantly contribute towards their suc­cess in the selection process. In this chapter, the following questions are answered: “What is a reference letter?”; “How is it different to a letter of recommendation?”; “Who should I ask for a reference letter?”; “How do I request this letter?”; and “What content should be included in a reference letter?”.

Chapter 08 – The IMF Interviews

Qualifies candidates, so that they perform successfully in the interview. This chapter describes how the interview is carried out for IMF’s selection processes and what is expected from candidates; it presents the different interview methods adopted by the organization (especially the Behavioral Event Interview) and gives tips and suggestions for candidates to be better prepared for this stage of the selection process.

Chapter 09 – Getting Ready to Start Work

Written to help new staff members to prepare and plan for the job opportunity before it starts, with issues such as: travel, accommodation, transport and a basic understanding of the first day at work.

Chapter 10 – Professionalism in the Workplace

Reminds professionals of good etiquette rules in the workplace, giving advice on topics such as: how a staff member can stand out within an organization, everyday work, and how to maintain a good relationship with your bosses and work colleagues.

Get also:

IMF Internships – eBook

IMF Jobs and Careers – Products & Services