International Monetary Fund (IMF) Internship Program 2023

International Monetary Fund (IMF) Internship Program 2023

International Monetary Fund (IMF) Internship Program 2023: The Fund Internship Program (FIP) allows Doctoral students to gain firsthand knowledge of the IMF’s integrated, member-country focused mandate and work.

Eligible Countries: International

To Be Taken At (Country): Work is undertaken at IMF headquarters in Washington D.C.

Read also: National University of Singapore Scholarship 2023

Concerning the Award:

Interns are assigned cutting-edge research in macroeconomics or a related field, supervised by an IMF colleague (with the exception of an internship in the IMF’s Legal Department). Fund interns carry out a research project and write a research paper under the supervision of experienced colleagues. At the end of the internship, papers may be presented to IMF staff, and those of the highest quality may be published internally to the IMF.

Research topics are derived from the IMF work program—the host department’s needs. Past projects have delved into a broad spectrum of economic issues. Among the 2016 and 2017 FIP research topics were:

• Preferential access to credit: evidence from Brazil
• Credit Demand and Supply during the U.S. Recovery
• • Climate change—a contribution to this analytical chapter in the October 2017 WEO
• • Impact of commodity price shocks on financial stability in developing countries.
• • Explore non-linear effects of oil price shocks on growth (Kazakhstan).
• • Spillover effects of ECB unconventional monetary policies
• • Impact of foreign direct investment and portfolio investment on gender inequality in developing countries
• • Systemic risk amplifiers for stress testing based on inferred networks
• • Survey literature on public sector BSA
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• • Spillovers: measuring third party effects
• Technology and income polarization
• Carbon tax, structural transformation and inequality
• • Consumption and wealth in Italy
• Debt sustainability, capacity to repay and other risk assessments
• • Productivity and volatility in Europe/Euro Area
• • Financing costs in sub-Saharan Africa—Overshooting or fundamentals?
• Trade Integration in Latin America
• • Macroeconomic and structural policies and gender inequality
• • Bond trading: big data analytics
• Evaluating post-implementation effects of the G20 financial regulatory reforms
• • Benchmarking policy frameworks in low-income countries

Under this programme, the IMF’s Legal Department also offers an internship. The successful candidate will be assigned to conduct research for the Legal Department and will be supervised by a senior member of the department. Previously, the Legal Department’s FIP had the opportunity to complete:

• • Analysis of the legal framework for capital controls under the European Economic Area
• • Research on the insolvency of non-bank financial institutions
• • Research on the legal mandate of the IMF in financial regulation
• • Cross-country comparisons of effectiveness of AML/CFT efforts

Type: Internship

Eligibility: To be eligible for the FIP, candidates must meet the following criteria:

PhD students

Must be a student and within one to two years of completing a Ph.D. in macroeconomics or a related field (i.e. must be returning to university after the internship). Internships are typically sought after graduation from the Ph.D. programme by those interested in the IMF’s Economist Program.
At the start of the internship, you must be under the age of 32.
Have a strong command of the English language, both written and spoken.
Strong analytical, quantitative, and computer skills are required.

Master’s degree students

At the start of the internship, you must be a student (not yet graduated).
At the start of the internship, you must be under the age of 28.
Have a strong command of the English language, both written and spoken.
Strong analytical, quantitative, and computer skills are required.

Number of Awards: Internships are offered to about 50 students each year.

Value of Award: IMF interns receive:

• A competitive salary;
• Round-trip restricted economy class air travel to Washington, D.C. from their university; and
• Limited medical insurance coverage.

Duration of Program: between June and October 2018.  Internships are a minimum of 10 weeks duration, and maximum of 12 weeks duration.

How to Apply: 

• If you are a Ph.D or Master’s student in macroeconomics click here to enter the IMF’s job application system, then enter 1701251 into the field titled “Job Number”.
• For the Legal Department Internship: candidates must be within one or two years of completing an LLM, J.D, or equivalent advanced degree in law and below the age of 32. To apply for this internship, click here to enter the IMF’s job application system, then enter 1701249 into the field titled “Job Number”.