World Bank Internship Program offers highly motivated individuals an opportunity to be exposed to the mission and work of the World Bank.
The internship allows individuals to bring new perspectives, innovative ideas and research experience into the Bank’s work, while improving skills in a diverse environment. In addition, it is a great way to enhance CVs with practical work experience.
SCHOLARSHIP AT A GLANCE:
| Detail | Description |
|---|---|
| Program | World Bank Internship Program |
| Opportunities | – World Bank Treasury Summer Internship Program – Legal Internship Program |
| Requirements | – Undergraduate degree – Enrolled in full-time graduate program (master’s or PhD) – No age limit – Fluency in English – Knowledge of other languages advantageous |
| Rewards | – Monthly stipend – Practical work experience – Exposure to World Bank’s mission and work – Opportunity to contribute new ideas and research – Skill development in diverse environment |
| Required Documents | – Résumé – Statement of Interest – Proof of enrollment and transcripts – Short essay |
| Application Process | 1. Visit World Bank Internship website 2. Submit completed application through portal 3. Successful applicants may be asked to complete remote test 4. Select few invited for interview 5. Notification of results by December |
| Deadline | October 13, 2024 |
Fact About World Bank
- Global Reach: The World Bank comprises 189 member countries, making it one of the most extensive international organizations. Only seven countries are not members, highlighting its global influence in development efforts.
- Historic Origins: Established in 1944 to rebuild Europe post-World War II, the World Bank originally focused on reconstruction but swiftly shifted its mission to eradicating global poverty.
- Massive Financial Power: In 2015 alone, the World Bank committed $60 billion across 302 global projects, showcasing its significant financial capabilities in addressing pressing development challenges.
- Diverse Structure: The World Bank Group consists of five distinct organizations, including the International Bank for Reconstruction and Development (IBRD) and the International Development Association (IDA), each serving different income-level countries.
- Innovative Funding: The World Bank raises funds through member contributions and international bond markets, allowing it to offer low-interest loans and grants to developing nations.
- Focus on Human Capital: The World Bank’s Human Capital Project emphasizes investing in education and healthcare, aiming to enhance the productivity and well-being of populations in developing countries.
- Poverty Reduction Goals: The organization has set an ambitious target to reduce the number of people living on less than $1.90 a day to just 3% by 2030, reflecting its commitment to ending extreme poverty.
- Research Powerhouse: Beyond financing, the World Bank is a leading research center on global development, providing vital insights and policy advice to help nations improve their economic strategies.
Opportunities For World Bank Internship Program 2024
- World Bank Treasury Summer Internship Program
The Treasury Summer Internship Program is a junior professional training program designed to develop the skills necessary for an exciting and rewarding career in the financial industry.
The Program aims to bring exceptional college students with a demonstrated interest in a financial career to support the World Bank’s development mandate.
2. Legal Internship Program
The World Bank Legal Vice Presidency offers highly-motivated law students an opportunity to be exposed to the mission and work of the World Bank and that of the Legal Vice Presidency.
The World Bank Legal Internship Program allows individuals to bring new perspectives, innovative ideas, and latest research experiences into the World Bank’s daily operations and improve their legal skills while working in a multicultural environment.
Requirements For World Bank Internship Program 2024
To be eligible for a World Bank Internship, candidates must have an undergraduate degree and be enrolled in a full-time graduate study program (pursuing a master’s degree or PhD with plans to return to school full-time). There is no age limit and fluency in English is required.
Requirements for World Bank Treasury Summer Internship
Applicants must have these core requirements to be considered.
- Must be enrolled in the second-to-last year of the equivalent of a four-year college degree program with a demonstrated interest in finance, business, economics, or a related field;
- Must be prepared to graduate with the equivalent of a four-year college degree between December 2025 and September 2026;
- Must be in good academic standing at their college or university;
- Must be available full-time through the duration of the internship;
- Must not have a concurrent employment contract or internship.
Any candidate who is found to have misrepresented their application may be disqualified or terminated.
Program
Applicants must have satisfied core requirements to be considered.
- Must hold citizenship of any IBRD member state
- Be enrolled in an LLB, JD, LLM, SJD, PhD, or equivalent legal academic program while undertaking your internship with the World Bank.
Rewards For World Bank Internship Program 2024
Duration and Reward
Benefits of World Bank Treasury Summer Internship
- Interns join on a short-term temporary contract and are paid between $21.30 (net – for non-US Citizens) and $26.00 (gross – for US Citizens) per hour for 400 hours.
- All interns are expected to be in person, full-time, in Washington, DC, for the entire internship (May 27 – August 4). HR policies may change, but interns are expected to work at least four days in the office per week.
- Each intern will receive a World Bank laptop at the start of the internship.
- The World Bank sponsors the appropriate visa for an incoming intern to work in the United States if required.
Treasury Summer Interns will work full-time for ten weeks from May 27 through August 4, 2025, in Washington, DC.
Benefits of World Bank Legal Internship Program
Interns will likely be involved in a plethora of tasks, as they arise during the term of the Internship Program, such as:
- Conducting a variety of legal assignments under the direction of the supervising lawyer(s).
- Conducting research on assigned issues, using existing law files and alternative sources (e.g., computer-assisted searches using the internet, intranet and/or other databases), analyzing information, and summarizing findings.
- Conducting comparative legal analyses on a range of issues in a given area, identifying legal and policy issues, researching relevant precedents, and proposing appropriate solutions.
- Participating in task/project teams with the supervising lawyer(s).
- Assisting in the preparation and organization of conferences and meetings.
- Performing ad hoc assignments as requested by the supervising lawyer(s).
Eligibility Criteria For World Bank Internship Program 2024
- Applicants for WB internships must have at least an undergraduate degree.
- The candidate must be an enrolled full-time graduate student, either pursuing a master’s degree or a doctorate.
- Applicants are not restricted by their age.
- The internship is open to both males and females, but females are strongly encouraged to apply.
- There is no requirement regarding academic specialization. Students of all academic backgrounds are welcome.
- An applicant must be proficient in English.
- It would be a plus if the candidate had knowledge of any other language of WB.
Required Documents For World Bank Internship Program 2024
The following documents will be needed while applying for the World Bank Internships;
- Résumé
- Statement of Interest
- Proof of enrollment in a degree and academic transcript(s).
- Short essay providing a response to a research question.
How To Apply For World Bank Internship Program 2024
To apply for the 2024 World Bank Internships, interested and qualified applicants should;
- Click on the button below to visit the website of the available internship opportunity
- All completed applications submitted on time through the application portal will be reviewed by the recruitment committee.
- Successful applicants may be asked to complete a remote test (Summer Internship applicants).
- A select few will be invited to interview with the committee. All applicants will be notified of the result by December.
- Deadline is October 13, 2024
Note:
Files must not exceed 5 MB and should be in one of the following formats: .doc, .docx, or .pdf.
- Make sure that the file names of the documents you are attaching do not include any special characters, such as â-<>&#â, etc. The best type of file to upload is a PDF file.
- Your application cannot be modified or updated once it has been submitted.
- A confirmation email will be sent to you after you submit your application, providing you with your application number.