International Monetary Fund Economist Program 2023

George Christian Boadi October 07, 2023 0

The International Monetary Fund Economist Program 2023 offers a remarkable opportunity to commence your career journey in 2023. Joining the IMF through this program provides a springboard to your professional life, offering hands-on exposure to a wide spectrum of IMF functions. 

It allows you to apply your research and analytical skills directly to critical policy work that has a significant impact on our 190 member countries.

We are actively seeking young economists who aspire to influence the global stage. We are looking for individuals who can bring the latest economic insights and multidisciplinary approaches to bear on the pressing global economic challenges we face. 

These challenges encompass fostering global monetary cooperation, ensuring financial stability, boosting international trade, promoting employment, nurturing sustainable economic growth, and addressing poverty on a global scale.

About International Monetary Fund (IMF)

The International Monetary Fund (IMF) is a beacon of international financial stability and monetary cooperation. Our mission extends to facilitating international trade, promoting employment, fostering sustainable economic growth, and contributing to the global effort to reduce poverty. 

The IMF operates under the governance and accountability of our esteemed coalition of 189 member countries. The IMF's origins trace back to a historic moment in July 1944, during the United Nations Bretton Woods Conference held in New Hampshire, United States.

ALSO READ: York University Glendon International Excellence Scholarship 2024-2025

Benefits of IMF Economist Program

The Economist Program (EP) offers a comprehensive experience of the IMF's work and serves as a solid foundation for a fulfilling career as an economist. 

Over the course of the three-year program, you will engage in rotations across two different departmental assignments. 

You will become an integral part of economic teams involved in regional and country-specific surveillance, as well as tackling fiscal, monetary, balance of payments, debt, and related issues. 

This is not a mere trainee position; from the outset, you will shoulder real work and genuine responsibilities as an IMF economist. Your tasks may span policy development, country or regional operational work, research, capacity development, and teaching.

Upon completing the program, we hope you will share our enthusiasm for the IMF's mission and choose to build a long-lasting career as an IMF economist.

ALSO READ: UNESCO Young Professionals Programme 2023

Requirements for IMF Economist Program Qualification

To qualify, you must:

- Be a recent PhD graduate or be within one year of completing your PhD in a relevant field of study.

- Hold nationality in one of the IMF member countries.

- Be under the age of 34 when you join the IMF EP program.

Selection Criteria

If your application is shortlisted, you will be invited to a preliminary interview lasting 30-40 minutes. During this interview, you will provide a high-level overview of your research paper and respond to questions regarding economic topics related to the IMF's work, as well as demonstrate your interpersonal and communication skills. Dates for IMF campus visits will be added subsequently.

Following the preliminary interview, you may be requested to provide your most recent university transcript from your Ph.D. program, furnish three academic references (references cannot be from current IMF staff members), and submit a research paper, preferably of publishable quality, or one or two chapters from your dissertation.

Successful candidates will undergo an in-person panel interview, comprising two or three senior IMF economists and a Human Resources officer. 

This interview will follow a format similar to the preliminary interview, focusing on your knowledge of monetary, fiscal, balance of payments, and financial sector issues. 

It will also assess your behavioral skills, providing a deeper evaluation of your analytical capabilities, judgment, oral communication, interpersonal skills, macroeconomic knowledge, and ability to convey complex issues logically.

ALSO READ: Baker Hughes Internship 2024: Building a Strong Foundation for Your Career 

In addition to the panel interview, you will participate in a 40-minute online psychometric assessment and a 90-minute written examination. 

The psychometric assessment aims to identify preferred behavioral skills and approaches, while the written exam assesses your writing proficiency.

Upon completion of the panel interviews, typically by late January, all candidates who reached the panel interview stage will be referred to an internal committee of senior staff for a comprehensive review.

This committee will make the final selection, with a strong emphasis on the panel interview and the research paper review.

Application Deadline

December 7, 2023

How to Apply for International Monetary Fund Economist Program 2023 

• The application process commences each year in late September and is announced through a notification on the IMF Career Site.
• Shortlisted candidates will be interviewed between October and January, with offers made in early February. The selection process consists of multiple stages, which may run in parallel to one another.    

visit IMF website For more details.