World Bank Young Professionals Program 

Suppose you are looking for an opportunity to start an exciting career at the World Bank Group. In that case, The Young Professionals Program (YPP) is a unique opportunity for young talents with both passion for international development and the leadership potential to grow in fascinating top technical and managerial roles in the World Bank Group (WBG).

The 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.

To be competitive in this highly selective program, candidates must demonstrate a commitment to development, proven academic success, professional achievement, and leadership capability.

What You Need To Know About The World Bank Young Professionals Program 2023

Every year, around 45 applicants are accepted into the program. Young Professionals are offered a five-year renewable term contract, spend 24 months in a structured development program, and enjoy various benefits and opportunities.

LEVEL / FIELD OF STUDY

This opportunity is open to young professionals who envision working with the world bank group.

HOST NATIONALITY:

USA and France.

ELIGIBILITY NATIONALITY:

This opportunity is open to all nationalities

Value

  • Salary: As entry-level professional in the WBG, Young Professionals are offered an internationally competitive salary based on their education and professional experience.
  • Health, Life, Accident, and Other Insurance Programs: Young Professionals and their families (including declared domestic partners) may choose from three comprehensive medical/dental benefit plans.
  • Pension Plan: The WBG sponsors a comprehensive pension plan for eligible staff. Upon separation from the WBG, a lump sum or a pension will become payable to the team based on eligibility.
  • Benefits: These benefits only apply to staff, not residents of the greater Washington-Baltimore metropolitan area, at the time of appointment.
  • 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 Grant: A one-time grant is included in the first paycheck to cover the cost of relocation.
  • Mobility Premium: A financial benefit is provided for a fixed period to cover expenses associated with being an expatriate staff member based on family size and nationality. This benefit is not available for U.S. citizens and U.S. permanent residents who are based in Washington, DC.
  • Relocation Shipment: You may choose to have the World Bank handle your shipping arrangements, or elect the Optional Shipment Grant.
  • Tax Allowance: U.S. staff receive an additional quarterly payment to cover the federal, state, and local income tax liabilities on their World Bank Group income.
  • Financial Assistance: The World Bank Group offers several financial assistance programs, including a two-year interest-free settling-in loan to those who relocate upon appointment.

World Bank Young Professionals Program  Eligibility

Minimum Requirements

The following are the minimum requirements for eligibility for the Young Professionals Program.

  • Citizenship of a member country of the World Bank Group
  • Be born on or after October 1, 1986
  • A Ph.D. 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
  • 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 the development or continued academic study at the doctoral level

Additional Qualifications

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

World Bank Young Professionals Program  APPLICATION PROCESS

  • The application for the 2023 Selection Process for the Young Professionals Program at the World Bank is open from June 14 – July 31, 2023.
  • Before You Apply, please ensure that the following:
    • You meet the minimum requirements for eligibility for the Young Professionals Program and,
    • You have all the information, including critical dates, an updated Curriculum Vitae (CV), Education Certificates/Transcripts, and Ph.D. Dissertation/Master’s Thesis topics (summary), if applicable, and the Application Essay ready to be uploaded.

Application Deadline: July 31, 2023

Selection Cycle

Competition is keen. We receive thousands of applications for a limited number of positions. Most candidates exceed the minimum criteria.

World Bank Young Professionals Program Timetable

  • June–July: Application period
  • June–September: Review applications to ensure candidates meet the eligibility criteria. Update of status to all candidates (candidates moving to the second round and those who are not moving forward)
  • October: Technical review of second-round candidates. This review takes a closer look into the application packages and determines those candidates who will be selected for interviews
  • mid-November–late December: Status update to candidates (those invited to interviews and those not moving forward). Interviews at WBG headquarters in Washington, D.C., USA, Paris, and France
  • December–January: YPP interviews: learn more about the YPP interview process
  • February: Decisions and offers
  • September: New YP cohorts start

APPLY NOW

OFFICIAL LINK

WE ALSO RECOMMEND THE FOLLOWING:

2 comments

Comments are closed.

DISCLOSURE: This post may contain affiliate links, meaning when you click the links and make a purchase, we receive a commission.


You May Also Like