World Bank Group Analyst Program 2017 for exceptionally talented young people (Fully Funded)

Application Deadline: April 19, 2017

The World Bank Group Analyst Program is a new and unique opportunity for exceptionally talented young people with a passion for international development to contribute to solving some of the world’s most pressing problems.

Through this structured three-year program, you will work in an intellectually challenging and culturally diverse environment within a specific practice, region, or corporate unit in the World Bank Group, which includes the World Bank, the International Finance Corporation (IFC), and the Multilateral Investment Guarantee Agency (MIGA) and International Center for Settlement of Investment Disputes. You will have the opportunity to contribute and grow your skills in areas ranging from analytics, research, data management, project management, communications, finance, management accounting, and information technology. In addition, the program offers various cohort activities aimed to broaden your exposure to the work of the World Bank Group and develop leadership skills.

Upon completion of the program, there may be opportunities for you to continue your career in the World Bank Group. Participants holding a Master’s degree who find the opportunity to continue their career at the WBG may also be eligible for advancement opportunities. Alternatively, you may leverage the experience you have gained to pursue further studies or other opportunities in international development.

To be competitive for this highly selective program, you need to demonstrate a commitment to development, analytical thinking, proven academic success, and leadership potential. We value diversity in our workplace, and encourage all qualified individuals, with diverse professional, academic, and cultural backgrounds to apply. Positions may be based in Washington, DC or in a regional office.

Eligibility Criteria:

  • Citizenship of a member country of the World Bank Group
  • Passion to contribute to the World Bank Group mission to end extreme poverty and boost shared prosperity
  • 28 years of age or younger (i.e., born on or after January 1st, 1989)
  • Master’s or Bachelor’s degree in relevant field. Candidates who are currently pursuing a degree are eligible if the degree will be awarded by December 31, 2017
  • One to three years of relevant work experience in one or more specialty areas (see Application and Selection Process )
  • Analytical thinking, proven academic success, strong written and oral communication skills, and leadership potential
  • Experience working or studying in developing countries is preferred
  • Fluency in English is required. Fluency or proficiency in other languages, in particular Arabic, Chinese, French, Portuguese, Spanish or Russian, is preferred.

In addition, successful candidates must demonstrate the World Bank Group Core Competencies (Read more about the Selection Cycle):

  • Deliver results for clients
  • Lead and innovate
  • Collaborate within teams and across boundaries
  • Create, apply and share knowledge
  • Make smart decisions

Compensation & Benefits

Contract: a three-year local term contract is being offered.

Salary: WBG Analysts are offered a locally-competitive salary, based on their education and professional experience.

Health, Life, Accident and Other Insurance Programs: WBG Analyst 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 also 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 Benefits on Appointment: For WBG Analysts relocating to a new country, a cash allowance at the discretion of their hiring unit may be granted.

Tax Allowance: U.S. staff receive an additional quarterly payment to cover the U.S., 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.

Financial Assistance: The World Bank Group offers financial assistance programs, including a two-year interest-free settling-in loan to those who relocate upon appointment.

Program Features

The WBG Analyst Program (WBG AP) offers a mix of challenging work program and a comprehensive development curriculum during the three-year of the program/contract.

Work Program

WBG Analysts are selected from recruitment streams that vary every year and range from Operations, Finance, Communication and International Affairs, Information Technology, Management Accounting. The work program is therefore quite varied, too, and can take place in the World Bank, the International Finance Corporation, the Multilateral Investment Guarantee Agency, or the International Center for Settlement of Investment Disputes.

Development Curriculum

A three-year comprehensive development curriculum has been designed to ensure that WBG APs develop a WBG mindset, quickly gain the foundational learning needed to understand and contribute to the WBG, and build the competencies required at an analyst’s level — collaboration, leadership, integrative thinking, and innovation skills — while strengthening a culture of continuous learning.

Selection:

WBG Analysts are chosen through an intensive and rigorous selection process. Competition is keen. We received thousands of applications last year for a limited number of positions.

2017 Selection Timeline

April 5-19, 2017: Application Process. An automatic email confirmation of your application with your Applicants’ ID will be generated. Keep this number for your records.

By May 3, 2017:

  • Review of applications against eligibility criteria.
  • Status update to all candidates.

May 8-12, 2017: Online deductive reasoning assessments for candidates meeting the eligibility criteria (one week to complete, no extension possible. We recommend that you save the date already).

By May 24, 2017: Update to candidates on assessment results (passed or not passed, thus further considered or not).

From May 31, 2017 through March 1, 2018:

  • The applications of candidates who passed the assessments are made available, at their requests, to hiring teams.
  • Depending on hiring teams’ business needs, candidates may be contacted for interviews/further testing or not.
  • Candidates who, following interviews/further testing, are not selected by a particular business unit can be considered by another business unit in the same recruitment stream.
  • Decisions and offers communicated.
  • Starting date on the job.

Mid-March 2018: New WBG AP cohort starts development curriculum.

For More Information:

Visit the Official Webpage of the World Bank Group Analyst Program 2017

3 COMMENTS

  1. i am from northeast nigeria with great ideas to reduce poverty inflicted due to negligence by government and an infliction of adverse poverty and displacement due to boko haram insurgency.but i am above the WBG recomended age to compete,what should i do or how will i contribute believing that my ideas will not be discarded because of age limit?

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