The World Bank Internship Program (BIP) seeks candidates interested in a highly diversified work environment conducive to the development of their skills. The WB internship program is a great opportunity for those interested in building a career in the institution. Applications are set to open in December 2023 and will close on January 2024.
The number of selected applicants varies annually according to the Bank’s needs and the available budget; however, generally, around 150-200 interns are given the chance to work in this important organization.
In this article, we will present you with all the minimum requirements for World Bank Internship Program!
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In pursuit of its mission, the OpenIGO network has prepared a comprehensive eBook and support and guidance services, with the aim of highly increasing your chances of success in this competitive process.
These services include revising your WB internship application documents (curriculum vitae and statement of interest) and a mock interview, as per the World Bank model. We also offer a range of packages that combine the eBook with different services.
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World Bank Internship: Products & Services
WB Internships – Mock Interview
World Bank Internship Minimum Requirements
What are the fields of study required for the WB Internship?
The World Bank Internship for graduate students includes individuals from the most diverse fields of knowledge. The areas of study with the highest demand in this program are:
- Economics
- Finance
- Human Development (Public Health, Education, Nutrition, Population)
- Social Science (Anthropology, Sociology)
- Agriculture
- Environment
- Private Sector Development
World Bank Internship Requirements
What is the education requirement of the WB Internship Program?
Being enrolled in a graduate study program (Master’s or Ph.D.). Having completed the first year of a Master’s degree or being a Ph.D. student may be advantageous in the selection process.
What is the language requirement of the WB Internship Program?
Fluency in English is required. Knowledge of French, Spanish, Russian, Arabic, Portuguese and Chinese may be advantageous in the selection process.
What is the age requirement of the WB Internship Program?
Applicants must be at least 18 years old at the time of enrollment.
What is the Nationality requirement of the World Bank Internship Program?
Applicants must be citizens of a WBG member country. Every year the World Bank Internship Program receives applications from different regions and countries worldwide, such as Chennai in India, Ghana (Africa), Australia (Oceania), Malaysia (Asia), Brussels (Europe), Bangladesh (South Asia), Azerbaijan, Bangkok (Thailand), Beijing (China), Dhaka, New Delhi (India), Canada (North America) and much more.
What are the competencies required for the World Bank Internship Program?
The main competencies required are: communicative and group work skills, good computing and language skills, knowledge of the institution’s performance and keeping abreast of its goals and projects.
Other requirements of the World Bank Internship Program:
Although IFC (WBG private sector-oriented agency) shares the same recruiting system with WBG, some specific skills are required. For investment positions, work experience (3-6 years) in international finance is required, which could include corporate finance, investment banking, financial consulting, private equity, credit analysis, or commercial banking.
Knowledge of sectors relevant to the IFC is also a requirement, with emerging markets experience being a preference of the selection team. Enthusiasm for working in multicultural teams and across borders and commitment to sustainable private sector development are also requirements. Finally, there are also requirements related to strong analytical, communication and negotiation skills, as well as business development and client relationship skills.
What are the Restrictions of the World Bank Internship Program?
An applicant may not be a child or sibling of a World Bank staff member.
In our eBook, we expound upon other strategies that candidates can use to structure their responses. We also present some question/answer examples to help candidates understand these strategies in depth.
This article is only a fraction of the extensive content present in our excellent eBook. Following the tips and suggestions given in the World Bank Internship eBook, and having a Mock Interview with us, will fully prepare you for this competitive selection process and increase your chances of succeeding at it.
WB Internships – Initial Package