International Monetary Fund Paid Internships for Young Professionals

International Monetary Fund Paid Internships for Young Professionals


The International Monetary Fund Internship Program (FIP) imf-internship-program-fip-2018-for-young-professionals/provides an opportunity for Masters & Doctoral students to gain an insider experience of the integrated, member country focused, mandate and work of the IMF.

Interns are assigned cutting-edge research in macroeconomics or a related field (the exception being an internship in the IMF’s Legal Department), supervised by an IMF colleague.

Requirements:

  • To be eligible for the FIP, candidates must meet the following criteria:

    PhD students

  • Must be within one to two years of completing a Ph.D. in macroeconomics or a related field and be in student status (i.e. must be returning to university after the internship).
  • Typically, internships are sought by those who are interested in the IMF’s Economist Program following graduation from the Ph.D.
  • Be below the age of 32 at the commencement of the internship.
  • Have an excellent command of English, written and oral.
  • Possess strong analytical, quantitative and computer skills.

    Master’s degree students

  • Must be in student status at the time of application (not yet graduated)
  • Be below the age of 28 at the commencement of the internship.
  • Have an excellent command of English, written and oral.
  • Possess strong analytical, quantitative and computer skills

    Benefits:
  • A competitive salary;
  • Round-trip restricted economy class air travel to Washington, D.C. from their university; and
  • Limited medical insurance coverage.

    Program Overview

  • Internships are offered to about 50 students each year.
  • Work is undertaken at IMF headquarters in Washington D.C., between June and October.
  • Internships are a minimum of 10 weeks duration, and maximum of 12 weeks duration.
  • Fund interns work under the supervision of experienced colleagues to carry out a research project, and prepare a research paper.
  • Papers may be presented to IMF staff at the end of the internship, and those of the highest standard may be published internally to the IMF.
  • Research topics are derived from the IMF work program—the host department’s needs.
  • Past projects have delved into a broad spectrum of economic issues. A few of the previous FIP research topics included:
  • Preferential access to credit: evidence from Brazil
  • Credit Demand and Supply during the U.S. Recovery
  • Climate change—a contribution to this analytical chapter in the October 2017 WEO
  • Impact of commodity price shocks on financial stability in developing countries.
  • Explore non-linear effects of oil price shocks on growth (Kazakhstan).
  • Spillover effects of ECB unconventional monetary policies
  • Impact of foreign direct investment and portfolio investment on gender
    inequality in developing countries
  • Systemic risk amplifiers for stress testing based on inferred networks
  • Survey literature on public sector BSA
    Spillovers: measuring third party effects
    Technology and income polarization
    Carbon tax, structural transformation and inequality
  • Consumption and wealth in Italy
  • Debt sustainability, capacity to repay and other risk assessments
  • Productivity and volatility in Europe/Euro Area
  • Financing costs in sub-Saharan Africa—Overshooting or fundamentals?
  • Trade Integration in Latin America
  • Macroeconomic and structural policies and gender inequality
  • Bond trading: big data analytics
    Evaluating post-implementation effects of the G20 financial regulatory reforms
  • Bench-marking policy frameworks in low-income countries
  • The IMF’s Legal Department is also offering an internship under this program.
  • The successful applicant will be assigned research for the Legal Department and be supervised by a senior member of the department.
  • In past years, the Legal Department’s FIP has had the opportunity to complete:
  • Analysis of the legal framework for capital controls under the European Economic Area
  • Research on the insolvency of non-bank financial institutions
  • Research on the legal mandate of the IMF in financial regulation
  • Cross-country comparisons of effectiveness of AML/CFT efforts

    Application Procedure:
  • If you are a Ph.D or Master’s student in macroeconomics click here to enter the IMF’s job application system, then enter 1800920 into the field titled “Job Number”.
  • For the Legal Department Internship: candidates must be within one or two years of completing an LLM, J.D, or equivalent advanced degree in law and below the age of 32.
  • To apply for this internship, click here to enter the IMF’s job application system, then enter 1800904 into the field titled “Job Number”.

    How to Apply
  • For more information and internship application details, see; application details, see; International Monetary Fund Paid Internships for Young Professionals

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