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World Bank IFC Summer MBA Internship Program 2019 in USA

World Bank IFC Summer MBA Internship Program 2019 in USA

World Bank IFC Summer MBA Internship Program 2019 in USA are paid positions. Around 1500 applicants apply each year, of which 30-40 candidates are selected. Summer interns are assigned to industry, regional or service department within the IFC. The assignments cover different areas of work, such as the development of specific businesses in the sector, the review of investment proposals, modeling, and financial analysis, the strategy of advisory services and the evaluation of ex-post investment projects. The allocation depends on the needs of the department and the particular adjustment for the candidate. The departments contract directly by contacting the shortlisted candidates.

IFC works with the private sector in developing countries to create markets that open opportunities for all.

IFC is a sister organization of the World Bank and the member of the World Bank Group is the largest global development institution focused exclusively on the private sector in developing countries. The Bank Group has set two goals for the world to reach them by 2030: end extreme poverty and promote shared prosperity in all countries.

The organization leverages its products and services, as well as products and services from other institutions throughout the World Bank Group to create markets that address the greatest development challenges of the time. They apply their financial resources, technical expertise, global experience, and innovative thinking to help their clients and partners overcome financial, operational and other challenges.

IFC is also a leading mobilizer of third-party resources for projects. Their willingness to get involved in challenging environments and their leadership in overcrowding in private finances allows them to expand their presence and have an impact on development beyond their right resources.

Your projects and programs are evaluated by the Independent Evaluation Group. The responsibility is guaranteed by the independent Office of the Ombudsman of the Compliance Advisor.

  • Country:  United States
  • Financial coverage: Paid
  • Deadline: January 15, 2019
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    Eligibility Criteria :

    • Candidates must be in the first or second to the last year of an MBA or similar graduate program.
    • The specific selection criteria include:
      • For investment positions, work experience (3-6 years) in international finance, which may include corporate finance, investment banking, financial consulting, private equity, credit analysis or commercial banking
      • Knowledge of the relevant sectors for IFC and experience in emerging markets preferred
      • Strong analytical, communication and negotiation skills.
      • Business development and customer relationship skills.
      • Enthusiasm for working in multicultural and cross-border teams.
      • Fluency in English; Mastery of one or more of Arabic, Chinese, French, Russian and Spanish highly recommended
        Commitment to the sustainable development of the private sector.

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    Benefits :

    • Paid internship.
    • After a thorough evaluation process at the end of the internship, successful interns are encouraged to apply for the IFC Young Professionals Program to work as an Associate Investment Officer or any other full-time opportunity available after graduation.

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