The IFC Global Internship Program (GIP) offers highly motivated individuals an opportunity to be exposed to the mission and work of IFC and the broader World Bank Group, and be a part of the largest private sector development institution in the world. The GIP encourages individuals to bring new perspectives and innovative ideas to IFC’s work, while improving skills in a diverse and highly stimulating environment. In addition, it is a great way to enhance your CV and build an international network of professionals dedicated to ending extreme poverty and boosting prosperity in the developing world.
IFC hires Global Interns for a minimum period of four weeks between May and October to work on discrete projects in Washington, D.C. or in one of IFC's country or regional offices. The vast majority of posted opportunities may allow for virtual participation (working from home) depending upon the corporate mandate at that time.
The GIP receives about 3,300 applications each year, from which candidates are short-listed for departmental interviews. Successful short-listed GIP candidates are directly hired and paid by interested departments worldwide, based on their business need and the particular profile of the candidate. Operational assignments cover various areas of work, such as participation in sector-specific market mapping, investment proposal reviews, financial modeling and analysis, portfolio management, upstream work and advisory services activities. Other assignments can cover a range of activities in corporate and support departments.
Following a thorough evaluation process at the conclusion of the internship, successful GIP interns are encouraged to apply to the WBG Young Professionals Program should they meet such application requirements, or to any other full-time opportunity available after graduation.
Candidates must be in the first or second-to-last year of a Masters’ level program, with at least three years of relevant experience. Please visit our website at www.ifc.org and click on special programs where you will see the link for Global Internship Program (GIP). You can express interest in the program by sending an email to firstname.lastname@example.org with the following subject title "NBMBAA Career Fair Attendee - interested in the GIP for IFC". Using the email, we will provide you a reminder when the GIP application portal opens as well as provide a list of possible internship opportunities descriptions.
40 openings. Telecommuting is allowed.
Additional Salary Information: Interns join IFC as a short-term temporary (STT) for a maximum of 6 months beginning in May and ending in October; most interns are hired at a rate above $20/hr set each year by the program leaders for all interns; working beyond 6 months on the same contract disqualifies you from being part of the program
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About Employer - IFC of the World Bank Group in Washington DC
The International Finance Corporation (IFC) is the largest global development institution focused on the private sector in developing countries.
IFC, a member of the World Bank Group, advances economic development and improves the lives of people by encouraging the growth of the private sector in developing countries.
IFC was founded in 1956 on a bold idea: that the private sector has the potential to transform developing countries. Since then we’ve expanded to more than 100 countries, coining the term “emerging markets” and pioneering new markets such as sustainable bonds.
We achieve this by creating new markets, mobilizing other investors, and sharing expertise. In doing so, we create jobs and raise living standards, especially for the poor and vulnerable. Our work supports the World Bank Group’s twin goals of ending extreme poverty and boosting shared prosperity.