The World Bank Group Young Professionals Program (WBG YPP) is for candidates that have a passion for international experience and the potential to grow into impactful leadership roles in the World Bank Institution.
It’s a starting point for an exciting career at the World Bank Group. Young Professionals are recruited from around the world with various academic and professional backgrounds relevant to the World Bank, IFC, and MIGA
The World Bank and IFC merged their respective Young Professionals Programs into one World Bank Group Young Professionals Program (WBG YPP).
The new program is accepting applications on behalf of three institutions (the World Bank, IFC, and MIGA). Building on the rich legacy of its predecessor programs, the WBG YPP will recruit and develop future leaders to collaborate effectively across their institutions on joint WBG solutions to development challenges.
Young Professionals are recruited from around the world, with preference to nationals of WBG member countries and countries of operations. Qualified individuals from diverse professional, academic, and cultural backgrounds are welcomed to apply.
Overview Of The World Bank Group Young Professional Program (WBG YPP)
The program is a two-year leadership development program at the start of a five-year employment contract with the World Bank, IFC or MIGA. Young Professionals start the program in Washington, DC, where they engage in intensive training on-the-job and in the classroom.
They learn the fundamentals of leadership and development operations across institutions, and how to identify opportunities for joint impact.
The Key program features are:
- Professional experience
- Leadership development
- Training on WBG policies, products, and operations
- Global rotations across WBG
- Coaching and mentoring
- Networking events
- Management-supported rotations and job placements
Benefits Of The World Bank Group Young Professionals Program
The WBG YPP offers a competitive salary and benefits package as part of a 5-year term contract. The benefits include:
- Health, life and accident insurance
- Pension plan
- Possible relocation and mobility benefits (depending on WBG guidelines).
For a candidate to be considered for the WBG YPP, they must:
- Be born on or after October 1, 1988
- Have a master’s or doctoral degree
- Specialize in a field relevant to YPP Business Areas
- Demonstrate relevant professional experience or continued study at the doctoral level
- Be fluent in English
World Bank Group’s recruitment policy is to hire staff of the highest caliber, on as wide a geographical basis as possible, with preference to nationals of WBG member countries or countries of operations.
The following will give you a competitive advantage
- Displaying a commitment and passion for international development
- Possessing outstanding academic credentials
- Exhibiting excellent client engagement, communication, and team leadership skills
- Demonstrating knowledge of relevant sector trends
You will get additional point for having the following attributes:
- Work experience in emerging markets or developing countries
- Full proficiency in one of the following official WBG languages: Arabic, Chinese, French, Portuguese, Russian, and Spanish
How To Apply For The Young Professionals Program
The inaugural WBG YPP cohort application are open from June 1 – June 30 for all profiles and will reopen from August 17 – September 21 for IFC and MIGA profiles only.
Candidates are to provide the following:
- Academic Credentials
- 2 Short Essays
- Short Summary of Thesis or Dissertation (World Bank candidates only)
- 3 Professional or Academic Recommendations
Note: Diploma, Degree Completion Letter, Proof of Enrollment w/ Expected Graduation Date, or Transcript is expected to be submitted. Also, recommendations will be requested via email during the eligibility screening stage.
For the short essay, you are expected to respond to the following questions:
- Question 1: In 500 words or less, please tell us what inspires you to work at the World Bank Group and why you would be a good fit for the WBG YPP. You may incorporate your personal and professional experience (area of expertise, region, or sector) in your answer.
- Question 2: In 500 words or less, please share your thoughts on the value of the new World Bank Group Young Professionals Program and why joint WBG solutions (public, public-private & private) to development challenges are so important.
Interviewing Prospective Candidates
Due to the COVID-19 Pandemic and to ensure the safety of current and prospective staff, interviews for the 2020 YPP will be conducted virtually.
Some additional activities may include:
- An assessment center, where you will be asked to review and discuss documents
- Timed computer-based financial tests
Applicants who are invited to interview will be provided with more detail as the process moves along. Candidates are assessed based on experience, technical expertise, and competencies such as client orientation, leadership, and communication.
This is an exciting opportunity for young professionals and young intrapreneurs who have a passion to work with an international organisation to create a global impact.
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