IMF Economist Program 2024 for New Graduates – Just graduated from the university, looking for a place where you can study an economist program? Are you aware of the IMF economist program? Do you know the meaning of IMF ? wish to know the requirement to register for the IMF economist program? Are you a young economist graduate?
We will give answers to many of the questions you have to ask about the IMF economist programs. Also we will be dropping links to the official OIMF portal where you can register or find other vital information .
Before we delve deeply into the subject matter, let’s take a brief overview of what the IMF is , what an IM economist program is.
Overview of IMF
IMF is a word that is used to denote the International Monetary Fund. It is a body that is responsible for monitoring economic and financial development and also advising countries.
This body is made up of about 190 countries .
The body is responsible for the support of economic activities that promote financial stability and monetary cooperation. Apart from these the body offers several other assistants.
For more information and inquiries about these body, you can visit the organization official website at https://www.imf.org/
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About IMF Economist Program
The international monetary fund economist program is a program set up by the body supported by other relevant bodies alongside its member countries. The program is aimed at laying a unique foundation for the economist who would work in the IMF, the program is a three year program and it will scale through two departmental assignments . This program is not a training session or period, it is a kind of job that is given to you with real responsibility as an IMF economist .
The duties scheduled will include policy development, country and regional operational work, research, capacity development and teaching .
What do they want?
- The IMF is looking for young economist who wished to have influence on the global stage
- Also looking for young economist who want to have influence on the global stage
- Young economist who are ready to bring the latest in economic thought and multidisciplinary approaches
- Young economist who will help address global economics challenges
Benefits of Joining the Program
As a young economists, there are several benefits of joining the program and they include but not limited to
- Jump start your career by giving you experienced and exposure to IMF work
- Give you opportunity to apply your research and analytical skills directly to essential policy which will give great impact to IMF and its member countries
Eligibility criteria (person who are eligible to apply
The following are the criteria for persons who wish to apply for this program. They include but not limited to
- Graduate who are under the age of 34 as at the time of joining the IMF Economist program
- A graduate who is a national of one of the member countries of IMF
- A recent graduate of economist or one who will be in a year of completing his/her PHD in a recognized and relevant field of study
Application Opening Date
The application of the IMF program usually opens late September every application year. After successful application, shortlisted candidates will be called for interviews between October and January .
After the interview, offers are being made to candidates who have met the requirement at the selection process .
Stages in the selection process
The stages in the selection process includes but not limited to
- Preliminary interview
- Presentation of University Transcript
- In person Panel Interview
- Review by the Internal Committee of Senior Staff
- Presentation of offers letters
Preliminary Interview
This is an interview that lasts for a period of 30 to 40 minutes. Here you will be asked for a high level overview of your research paper , also you will be asked to respond to questions on economic topics which are related to the work of the IMF.
You will also be asked for an overview of your interpersonal and communication skills . it is here you will be given dates for IMF campus visit .
For the dates and selection venue etc., you can check here https://www.imf.org/en/About/Recruitment/working-at-the-imf/economist-program/campus-schedule
Presentation of University Transcript
This is the process after the preliminary interview, it’s a process where you are asked to forward your most recent university transcript. This is usually from your PHD program. Also you will be requested to provide three academic references who can recommend and also testy for you. you have to note that the references do not have to be existing staff of the IMF . A research paper is also a major criteria which is of publishable standard or one which is one or two chapters of your dissertation.
In person Panel Interview
This is usually after the presentation of the university transcript by the applicant . This process is by invitation. Thesis because only candidates who have met the requirements or the standards of the IMF will be invited.
The in person interview is usually made up of two(2) or three (3) IMF economists who are senior and a human resource officer .
The interview is usually almost the same format like the preliminary interview , the interview focuses on the applicant’s knowledge of monetary , fiscal , balance of payment , financial sector issues , behavioral skills with the aim of providing
- Deeper assessment of applicants analytical skills,
- Judgment
- Oral communication
- Interpersonal skills
- Knowledge of microeconomics
Apart from the in person panel interview , you will also be asked to take a psychometric assessment which lasts for a period of 90 minutes . it is usually a written examination
The aim of this exams is to identify your most preferred skills and and also your writing skills
Review by the Internal Committee of Senior Staff
This is the last process in the selection process. The panel interview process is usually committee by late January and all applicants who have reached the panel interview stage are usually called for a review by the internal committee of senior staff
The review committee are the persons who will make the final selection .
The will review the seven assessment and then proceed to the offer stage
Presentation of Offers Letters
This usually happens in February .This is only given to successful applicants while the incoming class of Ep’s will resume their IMF the next application period
Conclusion
Thai articles cover everything you need to know about IMF, IMF economist program and many more.
For more information and inquiries you can visit the IMF economics program official website at https://www.imf.org/
