The application for the 2017 Selection Process for the Young Professionals Program at the World Bank is open from June 15 – July 27, 2016.
The Young Professionals Program (YPP) is a starting point for an exciting career in the World Bank.
The following are the minimum requirements to be eligible for the Young Professionals Program.
- Citizenship of a member country of the World Bank
- 32 years of age or younger (i.e. born on or after October 1, 1984)
- 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 3 years of relevant professional experience related to development or continued academic study at the doctoral level
To be competitive for the limited number of positions, a combination of the following credentials is highly desirable:
- Display a commitment and passion for international development
- Possess outstanding academic credentials
- Exhibit excellent client engagement and team leadership skills
- Have international development country experience
- Be motivated to relocate and undertake country assignments (operational stream)Program Features
Every year, around 40 applicants are accepted into the Young Professionals Program. Young Professionals are offered a 5-year term contract, spend 24 months in a structured development program, and enjoy a variety of benefits and opportunities.
Placed directly with their respective hiring teams, Young Professionals are expected to make significant contributions towards the unit’s work program while they gain a broad overview of the WBG’s policies and work. As part of their two-year program and in line with their hiring units’ business needs and Young Professionals interests, they are expected to undertake a ‘stretch/exposure assignment’ where they will gain valuable on-the-job experience.
During the Program, Young Professionals assigned to the Operations stream are likely to join colleagues on field business trips, also called ÃÂmissions in developing countries. These missions present invaluable opportunities for Young Professionals to experience firsthand the challenges of global development, understand key aspects of WBG’s work, and get exposed to WBG’s clients and their problems.
Compensation & Benefits
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 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: These benefits are only applicable to staff who are not residents of the Greater Washington-Baltimore metropolitan area at the time of appointment.
Relocation Travel: The World Bank will bear the cost of one-way transportation of staff and immediate dependent family from the staff member’s residence.
Relocation Shipment: You may choose to have the World Bank handle your shipping arrangements, or you may elect the Optional Shipment Grant.
Relocation Grant: A one-time grant is included in the first paycheck to cover the cost of relocation.