It is time to begin your international career with none other than World Bank. Get ready to apply for the World Bank Young Professionals Program. WBG YPP (World Bank Group Young Professionals Program) will undoubtedly be your starting point for your exciting professional career at the World Bank. Under World Bank Young Professionals Program (WBG YPP), young professionals from all parts of the globe are taken onboard with different academic and professional backgrounds (which are relevant to IFC, the World Bank and MIGA).
Details about World Bank Young Professionals Program
The World Bank is seeking applications from the applicants who can showcase a fervor for international development, their relevant experience, graduation degree (graduate education), and their potential to develop into impactful leadership across World Bank’s institutions.
World Bank Young Professionals Program 2021 gives a lot of opportunities to grow for the ones who get associated with the program.
About World Bank Young Professionals Program
The latest update about this program is that the World Bank and IFC both have amalgamated their respective young professionals programs into one World Bank Group Young Professionals Program (WBG YPP).
On behalf of three institutions such as World Bank, MIGA and IFC, the latest program has now begun accepting applications from the world. WBG YPP is now all set to recruit and develop future leaders to make collaborations effectually across all institutions of World Bank on combined WBG solutions to development challenges.
World Bank Young Professionals Program is a 2-year leadership development program with 5-year employment contract inked with the World Bank, MIGA and IFC.
All young professionals begin their journey and start their program in Washington D.C., where they are engaged in comprehensive training (in the classroom and on the job), learning leadership fundamentals and development operations happened in all institutions of the World Bank.
Program Features of World Bank Young Professionals Program
The program is quite rich in information and laced with quality features. Let’s check them out below:
- Leadership Development
- Professional Experience
- Global Rotation across WBG
- Training on WBG Policies, Operations and Products
- Networking Events
- Coaching and Mentoring
- Management-Supported Job Placements and Rotations
Recruitment of Young Professionals for This Program
The recruitment of the World Bank Young Professionals Program (WBG YPP) is done through applications. The professionals are recruited from the entire world. The preference is given to those applicants who are from WBG Member Countries and Countries of Operations.
World Bank warmly welcomes all young qualified people from diverse academic, professional, and cultural backgrounds to lodge their applications for this program (WBG YPP).
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Purpose of the World Bank Young Professionals Program (WBG YPP)
These programs were introduced to appeal diverse young professionals who reveal their commitment to academic success, international development, leadership potential and professional achievement. For last 50 years, both World Bank and IFC so far have taken onboard more than 1800 people from around 120 countries. These professionals range from new staff to the senior management of the World Bank.
World Bank Group
It is laced with five institutions and called one group. Intuitions are named:
IDA: International Development Association
IBRD: The International Bank for Reconstruction and Development
IFC: The International Finance Corporation
ICSID: The International Centre for Settlement of Investment Dispute
MIGA: The Multilateral Investment Guarantee Agency
As for the World Bank Young Professionals Program salary, the chosen candidates will be offered a competitive salary along with attractive benefits. A 5-year term contract will be signed with the candidate. The benefits provided with the candidates include life and accidental insurance, health coverage, possible relocation, pension plan and mobility benefits depending on WBG guidelines.
There is an eligibility criterion needed to be fulfilled. Let’s find it below:
- The applicants have to be 32 or younger (born on or after 1st October 1989).
- They also need to meet the minimum eligibility requirements set by one of World Bank’s hiring institutions.
Deadline for Applications
The applications are open for submission. The applicants may submit their applications until 20th September 2021(11:59 PM UTC), for roles at IFC and MIGA only.
How to Apply for World Bank Young Professionals Program
The World Bank Young Professionals Program application submission is simple and online. The applicants need to fill up and submit the applications on World Bank’s official portal. Read Official Details about the program. For application submission, Click Here to Apply.
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