The World Bank Group (WBG) welcomes all qualified individuals with diverse professional, academic, and cultural backgrounds.
Specifically, women and persons with disabilities are strongly encouraged to apply.
The World Bank Young Professionals Program is a unique opportunity for young professionals who have both a passion for international development and the leadership potential to grow in fascinating top technical and managerial roles in the WBG.
The program is designed for highly qualified and motivated individuals skilled in areas relevant to WBG technical/operations such as economics, finance, education, public health, social sciences, engineering, urban planning, agriculture, natural resources to name a few.
To be competitive, candidates need to demonstrate a commitment to development, proven academic success, professional achievement, and leadership capability.
Over the years, the World Bank YPP has hired over 1,800 people for positions ranging from entry-level to vice presidents and managing directors.
Every year, around 45 to 50 applicants are accepted into the program.
Young Professionals are offered a five-year renewable term contract, spend 24 months in a structured development program, and enjoy a variety of benefits and opportunities.
Eligibility for the World Bank’s Young Professionals Program
The following are the minimum requirements to be eligible for the Young Professionals Program.
- Citizenship of a member country of the World Bank Group (India Included in this list)
- Be born on or after October 1, 1987
- A PhD or Master’s degree and relevant work experience
- 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
- Specialization in a field relevant to the WBG Technical/Operations such as economics, finance, education, public health, social sciences, engineering, urban planning, agriculture, natural resources, and others
- At least three years of relevant professional experience related to development or continued academic study at the doctoral level
Compensation and Benefits for World Bank’s YPP
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.
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.
Application Process for World Bank’s Young Professionals Program
The application for the 2020 Selection Process for the Young Professionals Program at the World Bank is open from June 1 – June 30, 2019.
Apply online at this page.
Please attach the following documents (mandatory):
- Education certificates/transcripts
- PhD dissertation/Master’s thesis topic (short summary), if applicable
- Application essay
Application Essay: Describe in fewer than 1,000 words your own contribution to the Bank’s mission (if you were to work for the World Bank Group) and the potential role of World Bank in resolving some of the above challenges.
You may focus on a region or set of countries as well as your area of expertise to describe your proposal.
How to prepare for the selection process
OpenIGO has created a comprehensive eBook which will introduce you to the complex world of the World Bank Group and its approach towards international development; it will teach you how to prepare each of the documents required in detail, and will also get you ready for the interview and assessment center.
The ebook costs $56 and can be purchased here.
For any queries, send a message on this Facebook page.
For full details about the World Bank Young Professionals Program, visit this page.