About WBG YPP
Summary
Key Benefits
Required Documents
Eligibility Criteria
Interview Process
Deadline
Method of Application
About the WBG YPP
The World Bank Group Young Professional Program (WBG YPP) is an exclusive two-year leadership development program designed to provide young professionals with comprehensive training and hands-on experience at the World Bank, IFC, or MIGA. Through this program, participants undergo intensive leadership development, receive training on policies and operations, engage in global rotations, benefit from coaching and mentoring, participate in networking events, and receive management support for job placements. This program offers an exceptional opportunity for young professionals to make significant contributions to development work and enhance their skills within the esteemed World Bank Group.
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Summary
- Company: World Bank Group
- Job Title: Young Professional Program (YPP)
- Qualification: BSc/MSc
- Deadline: July 31, 2023
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Key Benefits
The WBG YPP provides a competitive salary and an attractive benefits package as part of a 5-year term contract. The benefits include comprehensive health, life, and accident insurance, a pension plan, and potential relocation and mobility benefits in accordance with WBG guidelines.
Required Documents
- Resume/CV
- Academic Credentials*
- Short Essay
- Short Summary of Thesis or Dissertation (World Bank candidates, if applicable)
- Three Professional or Academic Recommendations** *Academic credentials may include a diploma, degree completion letter, proof of enrollment with expected graduation date, or transcript. **Recommendations will be requested via email during the eligibility screening stage.
Short Essay Question:
In 500 words or less for each prompt, please respond to the following:
- Explain why you aspire to join the World Bank Group Young Professionals Program and highlight the qualities that make you an outstanding candidate for the program. Additionally, indicate your preference for participating in the program at the World Bank, IFC, or MIGA, along with the reasons for your choice.
- Given the intersecting challenges faced by many countries, such as disease outbreaks, climate change impacts, conflicts, financial crises, and limited fiscal and resource capacities, provide your advice to the World Bank Group on supporting countries in addressing these challenges. This may involve increasing governments’ capacity to respond to the needs of vulnerable populations, collaborating with the private sector to mobilize financing for development, and engaging with the international community. If possible, provide examples based on your technical expertise and experience.
Eligibility Criteria
To be eligible for the WBG YPP, applicants must meet the following criteria:
- Must be born on or after October 1, 1991.
- Should possess a master’s or doctoral degree*.
- Must specialize in a field relevant to YPP Business Areas.
- Demonstrate relevant professional experience or continued study at the doctoral level**.
- Fluency in English is essential.
- The World Bank Group gives preference to hiring staff from WBG member countries or countries of operations.
Graduate degree requirements:
- For World Bank & MIGA placement: Complete a relevant master’s degree by September 2023 or a Ph.D. before September 2024. Fields of study should be related to a World Bank or MIGA Business Area.
- For IFC placement: Complete a relevant graduate degree by September 2024. Fields of study should be related to an IFC Business Area, including but not limited to a Master’s of Business Administration (or equivalent), Economics, Finance, International Relations, Science, and Engineering.
Professional experience requirements:
- For World Bank & MIGA placement: Demonstrate at least 3 years of relevant experience or an equivalent level of continued study at the doctoral level.
- For IFC placement: Demonstrate at least 4 years of relevant experience in finance, project/program development, economic development, and/or consulting. Additional certifications, such as the CFA, are advantageous.
Additional Considerations:
To increase competitiveness, applicants should have:
- A strong commitment and passion for international development.
- Exceptional academic credentials.
- Excellent client engagement, communication, and team leadership skills.
- Knowledge of relevant sector trends.
The following attributes are also advantageous:
- Work experience in emerging markets or developing countries.
- Full proficiency in one of the following official WBG languages: Arabic, Chinese, French, Portuguese, Russian, or Spanish.
Interview Process
The YPP interviews will follow a hybrid format, incorporating virtual and in-person components. The interview stages may include:
- Pre-recorded interview (conducted on Hirevue).
- Live panel interview.
- Participation in individual and group exercises at an assessment center.
- Timed computer-based financial tests (for IFC candidates).
Applicants invited for an interview will receive further details as the process progresses.
Deadline
Applications are open from July 3 to July 31 for all profiles. For IFC profiles only, the application period is from August 15 to September 30.
