International Finance Corporation (IFC) - Global Internship Program 2024

Deadline:
As soon as possible
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Deadline: As soon as possible

Internships

International Organizations

Location(s)

  • United States of America
Washington, DC

Overview

IFC, a member of the World Bank Group, is the largest global development institution focused exclusively on the private sector in developing countries. We utilize and leverage our products and services—as well as products and services of other institutions in the World Bank Group—to provide development solutions customized to meet clients’ needs. We apply our financial resources, technical expertise, global experience, and innovative thinking to help our partners overcome financial, operational, and political challenges. IFC hires summer interns each year for a minimum period of four weeks between May and September to work on discrete projects in Washington, D.C. or in one of IFC's country or regional offices.

Details

The Global Internship Program (GIP) offers highly motivated individuals an opportunity to be exposed to the mission and work of IFC and the broader World Bank Group and become part of the largest private sector development institution in the world. The program encourages individuals to bring new perspectives and innovative ideas to IFC’s work, while improving skills in a diverse and highly stimulating environment. Moreover, the Global Internship Program provides a unique opportunity to exchange ideas and network with international professionals dedicated to ending extreme poverty and boosting prosperity in the developing world.

Program Structure:

IFC hires Global Interns for a minimum period of four weeks between May and September to work on discrete projects in Washington, D.C. or in one of IFC's country or regional offices. Many of the posted opportunities are also open for virtual participation. 

Operational assignments cover various areas of work, such as participation in sector-specific market mapping, investment proposal reviews, financial modeling and analysis, portfolio management, upstream work and advisory services activities. Other assignments can cover a range of activities in corporate and support departments.

Global Interns also get access to corporate orientation, skills training, and regular learning events/activities for the GIP cohort. Following a thorough evaluation process at the conclusion of the internship, successful GIP interns are encouraged to apply to the WBG Young Professionals Program should they meet such application requirements, or to any other full-time opportunity available after graduation.

Application and Selection Process:

The Global Intership Program receives 5,000+ applications each year for approximately 60+ positions located in headquarters in Washington, DC and around the world.

Opportunity is About


Eligibility

Candidates should be from:


Description of Ideal Candidate

Candidates must be in the first or second-to-last year of an MBA or similar graduate program. Specific selection criteria include:

  • Strong interest in and commitment to impact investing and sustainable private sector solutions
  • Work experience (3-6 years) in finance, which could include investment banking, project finance, corporate finance, consulting, private equity, credit analysis, commercial banking, and/or portfolio management
  • Knowledge of sectors relevant to IFC and emerging markets experience preferred
  • Strong analytical, quantitative, communication and negotiation skills
  • Business development and client relationship skills
  • Enthusiasm for working in multicultural teams and across borders
  • Excellent verbal and written communication skills in English; proficiency in one or more other languages including Arabic, Chinese, French, Portuguese, Russian and Spanish strongly preferred

Dates

Deadline: As soon as possible


Cost/funding for participants

  • We offer a competitive salary and benefits to match a compelling career choice.
  • The World Bank Group offers internationally competitive salaries based on your educational and professional experience.
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