[Apply] || World Bank Young Professionals Program (YPP) 2022

[Apply] || World Bank Young Professionals Program (YPP) 2022

[Apply] || World Bank Young Professionals Program (YPP) 2022

Do not miss out on the currently ongoing World Bank Young Professionals Program (YPP) 2022

The World Bank Young Professionals Program is now accepting applications. The World Bank Young Professionals Program 2022-2023 offers a unique opportunity for young professionals with a passion for international development and leadership potential to advance in exciting top technical and managerial roles at the WBG. Salary, health insurance, mobility premiums, tax breaks, and a pension plan are all included in this package.

The curriculum is designed for highly skilled and motivated individuals with expertise in sectors such as economics, finance, education, government health, social sciences, engineering, urban planning, agriculture, and natural resources, to name a few. Three colleges are presently accepting applications for the program (the World Bank, IFC and MIGA). The WBG YPP will recruit and educate future leaders to cooperate successfully across our institutions on collaborative WBG solutions to development challenges, building on the rich legacy of its predecessor programs.

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Benefits of World Bank Young Professionals Program

Young Professionals Program provide the recipient with the following benefits:

  • Salary: As an 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. The WBG also provides basic life and accident insurance to all staff at no cost, and staff can elect optional life and accident insurance plans. The WBG provides disability and workers’ compensation coverage to staff at no cost.
  • 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.
  • 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. Expatriates and U.S. permanent residents do not incur U.S. income tax liability and are thus not eligible for this benefit.
  • Pension Plan: The WBG sponsors a comprehensive pension plan for eligible staff. Upon separation from the WBG, either a lump sum or a pension will become payable to the staff based on eligibility.
  • Relocation and Transportation Benefits: These benefits are only applicable to staff who are not residents of the greater Washington-Baltimore metropolitan area at the time of appointment. The World Bank will bear the cost of one-way transportation of staff and immediate dependent family from the staff member’s residence. A one-time grant is included in the first paycheck to cover the cost of relocation
  • 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.

Eligibility Criteria for World Bank Young Professionals Program

The following are the minimum requirements to be eligible for the Young Professionals Program.

  • Required Languages: English
  • Eligible Countries: The Bank’s Group 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.
  • Be born on or after October 1, 1990
  • Graduate degree requirements:
    – For World Bank placement: Complete a relevant master’s degree by July 15, 2022 or PhD before September 2023. Fields of study should be related to a World Bank Business Area.
    – For IFC & MIGA placement: Complete a relevant graduate degree before September 11, 2023.  Fields of study should be related to an IFC or MIGA Business Area, including but not limited to a Master’s of Business Administration (or equivalent), Economics, Finance, International Relations, Science and Engineering.
  • Specialize in a field relevant to YPP Business Areas
  • Demonstrate relevant professional experience or continued study at the doctoral level
    – For World Bank placement: Demonstrate 3+ years of relevant experience, or the equivalent in continued study at the doctoral level.
    – For IFC & MIGA placement: Demonstrate4+ years of relevant experience in finance, political risk insurance and credit enhancement, project/program development, economic development and/or consulting. Certifications such as the CFA are a plus.
  • Fluency in English
  • Full proficiency in one or more of the WBG’s working languages — Arabic, Chinese, French, Portuguese, Russian, and Spanish — is desired, but not required
  • Display a commitment and passion for international development
  • Possess outstanding academic credentials
  • Exhibit excellent client engagement, communication and team leadership skills
  • Demonstrate knowledge of relevant sector trends
  • Display a commitment and passion for international development
  • Exhibit excellent client engagement and team leadership skills
  • Possess outstanding academic credentials
  • Have international development country experience

Application process  for World bank Young Professionals Program

Please follow the following instructions to apply for Young Professionals Program:

(1) Following documents are required:

  • Resume/CV
  • Academic Credentials*
  • 2 Short Essays
  • Short Summary of Thesis or Dissertation (World Bank candidates, only if applicable)
  • 3 Professional or Academic Recommendations

(2) Before You Apply, please ensure that:

  • You meet the minimum requirements for eligibility for the Young Professionals Program and,
  • You have all the information at hand including key dates, an updated Curriculum Vitae (CV), Education Certificates/Transcripts, Ph.D. Dissertation/Master’s Thesis topics (short summary), if applicable, and the Application Essay ready to be uploaded.

(3) Once you submit your application, you will not be able to make any changes/updates.

(4) Upon successful submission of your application, you will receive an email confirmation along with a YPP ID number.

(5) Applicants will be informed of their status as the process moves along.

Deadline for World Bank Young Professionals Program

The deadline for World bank Young Professionals Program is on the July 15, 2022

CLICK HERE TO APPLY NOW

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