International Monetary Fund (IMF) Internship Program
International Monetary Fund (IMF) Internship Program: The Fund Internship Program (FIP) provides an opportunity for Doctoral students to gain the relevant experience of the integrated, member country-focused, mandate and work of the IMF.
Application Deadline: 21st January 2018
Eligible Countries: International
To Be Admitted At (Country): Work is undertaken at IMF headquarters in Washington D.C.
About the Award
Cutting-edge research in macroeconomics or a related field (the exception being an internship in the IMF’s Legal Department) is assigned to interns. Its also supervised by an IMF colleague. The work of interns is funded by IMF under the supervision of experienced colleagues to carry out and prepare research projects and papers. Also, Papers are usually presented to the staff of IMF at the end of the internship, and those of the highest standard may be published internally to the IMF.
Research topics are derived from the IMF work program which the host department needs. Previous projects have delved into a broad spectrum of economic issues. Some of the 2016 and 2017 FIP research topics include:
- Spillover effects of ECB unconventional monetary policies
- Preferential access to credit: evidence from Brazil
- Credit Demand and Supply during the U.S. Recovery
- 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
- Bond trading: big data analytics
- Evaluating post-implementation effects of the G20 financial regulatory reforms
- Benchmarking policy frameworks in low-income countries
- Spillovers: measuring third party effects
- Technology and income polarization
- 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).
- 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
The IMF’s Legal Department is also offering an internship under this program. Only successful applicants will be assigned research for the Legal Department and be supervised by a senior member of the department. In the previous years, the Legal Department’s FIP has had the opportunity to complete:
- Research on the insolvency of non-bank financial institutions
- Analysis of the legal framework for capital controls under the European Economic Area
- Research on the legal mandate of the IMF in financial regulation
- Cross-country comparisons of the effectiveness of AML/CFT efforts
Type: Internship
Eligibility: To be eligible for the FIP, candidates must meet the following criteria:
Ph.D. students
- Must be within one to two years of completing a Ph.D. in macroeconomics or a related field and be in student status (i.e. must be returning to university after the internship). Typically, internships are sought by those who are interested in the IMF’s Economist Program following graduation from the Ph.D.
- Be below the age of 32 at the commencement of the internship.
- Have an excellent command of English, written and oral.
- Possess strong analytical, quantitative, and computer skills.
Master’s Degree Students
- Have an excellent command of English, written and oral.
- Must be in student status at the commencement of internship (not yet graduated).
- Be below the age of 28 at the commencement of the internship.
- Possess strong analytical, quantitative, and computer skills
Number of Awards: Internships are offered to about 50 students annually.
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: This is usually between June and October 2018. Internships are a minimum of 10 weeks duration and a maximum of 12 weeks duration.
How to Apply:
- For Ph.D. or Master’s student in macroeconomics, click hereto enter the IMF’s job application portal, then enter 1701251 into the field titled “Job Number”.
- The Legal Department Internship: candidates must be within one or two years of completing an LLM, J.D, or its equivalent advanced degree in law and must also be below the age of 32 years. To apply for this, click here to enter the IMF’s job application system, then enter 1701249 into the field titled “Job Number”.
