Work for the IMF. Work for the World.
The IMF works to foster global monetary cooperation, secure financial stability, facilitate international trade, promote high employment and sustainable economic growth, and reduce poverty. Our work on the macroeconomic benefits of challenges such as empowering women, modernizing the global trading system, wage inequity, and climate change, provides new ideas to safeguard the stability of the international monetary and financial system and addresses the world’s most pressing macroeconomic and financial issues . Our 2,800 dedicated employees are leaders in their fields and collaborate to address the needs of our members and make a meaningful, positive difference to lives across the globe.
Are you looking for an exciting and challenging internship at a prestigious, international financial institution?
Are you within a year or two of completing your PhD in economics or a related field or completing a Master’s degree in economics?
The International Monetary Fund’s (IMF) Internship Program (FIP) may be the right opportunity for you!
Successful applicants will undertake a 10-12 week paid internship between June and October 2022. The precise dates of the internship will be agreed between the intern and IMF supervisor at time of offer. While the 2020 and 2021 FIP cohorts completed their internship virtually given the COVID-19 work restrictions at IMF headquarters, we expect that for the 2022 FIP, the internship will be in-person located at the IMF headquarters in Washington DC.
Under the guidance of an experienced IMF colleague, you will conduct research and analysis on a topic determined by the Fund. Your work may culminate in a research paper, and may be published internally.
To compete for the FIP, at a minimum you must meet the following criteria:
- Be within one to two years of completing a PhD in macroeconomics or a related field.
- Be in student status at the time of the internship (i.e. continuing PhD studies after the internship).
- 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.
- Completing a Master’s degree in macroeconomics or a related field.
- Below the age of 28 at the commencement of the internship.
- Have an excellent command of English, written and oral.
- Possess strong analytical, quantitative and computer skills.To be considered, your application must be submitted using this portal and include:
- Fully completed application form.
- Responses to all questions.
- A personal CV/Resume, as an attachment.
- A recent transcript for the university program in which you are currently registered (showing your current status and recent grades).After submitting your application you will receive a system generated acknowledgement. Only candidates who are identified for further consideration will be contacted by a FIP recruiter. Incomplete applications will be rejected.
Frequently Asked Questions, about the Fund Internship Program (FIP)
Is this a paid Internship?
Yes, this internship is paid.
What kind of visa would I need, and would the IMF facilitate this?
If you are not a citizen or permanent resident of the U.S., and do not have another work authorization that would allow you to work at the IMF, you will need a G4 visa. We will provide the paperwork necessary to facilitate your G4 visa request with U.S. authorities.
What are the minimum and maximum durations of the Internship?
The minimum duration is 10 weeks and the maximum duration is 12 weeks.
Will someone notify me when my internship application is received by your office?
You will receive a system-automated acknowledgement of your application. Only candidates who are short-listed for further consideration will be contacted by a FIP recruiter.
If I am selected for an internship, when would I start?
Internships may commence on either one of the two assigned dates — June 6 and June 27, 2022. Which start date will apply to you will be confirmed at the time of the offer.
Are there any exceptions to the age limit?
The only exception is for time spent in mandatory military service.
Does the IMF provide housing for non-local interns?
The IMF does not provide housing, nor housing assistance. Interns are responsible for finding and securing their own accommodations.
Previous participants in the Fund Internship Program (FIP) need not re-apply.
How to Apply
Interested and qualified candidates should Click here to Apply
The IMF is committed to achieving a diverse staff, including age, creed, culture, disability, educational background, ethnicity, gender, gender expression, nationality, race, religion and beliefs, and sexual orientation.
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- All personnel may be required to perform other responsibilities in addition to those specified from time to time, as needed.
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- We encourage all applicants to apply and does not practice any discrimination in any recruitment process.
- Applications submitted after the deadline will not be considered.
- Due to the urgency of the position, we have the right to recruit a candidate who matches the required profile before the above deadline
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How to Write a Cover Letter for a Job in 2022
Before we walk you through how to write a cover letter and showcase our many cover letter resources, it’s good to first understand what a cover letter is exactly, and why you need one for your job application.
What is a cover letter?
A cover letter is a one-page document that introduces a job seeker’s work history, professional skills, and personal interest in applying for a job.
The main purpose of a cover letter is to support the content of your resume. Your resume focuses on your qualifications and achievements, and your cover letter expands on those achievements, showcases your personality, and explains why you’d be a good fit for the company.
Although they might seem old-fashioned today, cover letters are still necessary. High unemployment rates in 2021 mean there are more job seekers than in the past, and writing a cover letter helps your application stand out when applying for competitive positions.
Attach an effective cover letter to your well-written resume, and your job application will quickly show managers and recruiters you’re both qualified and a great fit for the role.
What to include in your cover letter
When you begin writing, use the following structure (and feel free to copy-paste this information into your favorite cover letter template):
[Your phone number] [Your email address] [Your mailing address / LinkedIn profile /portfolio / website (optional)]
[Hiring manager’s name]
[Company phone number]
[Hiring manager’s email address]
Dear [Mr./Ms./Mx.] [Hiring manager’s name],
Opening paragraph that mentions your years of relevant experience, how you found out about the job, and why you’re interested in the position. Make sure you use the correct job title here, or else the employer will think you’re sending out a generic cover letter.
Body paragraph(s) that provide examples of your professional accomplishments, skills, and work experience. These examples should all tie into why you’re the best fit for the role.
- You can include bullet points in this section to highlight your greatest relevant achievements
- Using numbers to outline these achievements makes their significance more apparent to the hiring manager
Closing paragraph that expresses your interest (again), and restates why you’re the right candidate for the job. You can mention whether you prefer to be contacted by phone or email here as well. If you prefer phone calls, provide some times when you’re available.
[Sincerely / Best / Best regards],
How to write a cover letter that gets you the job
From top to bottom, here’s how to make a cover letter in six steps:
- Write out your contact information (and the employer’s details)
- Address the hiring manager (ideally by their name)
- Put together a clear, targeted opening paragraph
- Write informative, relevant body paragraphs
- Finish with a concise, direct closing paragraph
- Sign off (“Sincerely,” and your name below)
1. Write out your contact information (and the employer’s details)
Underneath your name in your cover letter header, write your contact details:
- First and last name
- Email address (something professional, usually including your name)
- Phone number
- Mailing address (optional)
- Linkedin profile link (optional)
- Portfolio or website (optional)
Below your contact details and left-aligned, include the date and the company’s contact information, such as the:
- First and last name of the person you’re writing to, or the relevant department
- Company address
- Company phone number
- Hiring manager’s email address
Here’s an example of how contact details are formatted on a professional cover letter:
2. Address the hiring manager (ideally by their name)
If you can address your cover letter to the reader using their name, do it.
Greetings like “To Whom It May Concern” and “Dear Sir or Madam” are old-fashioned, plus it’s easier than ever to find the right person’s name using LinkedIn, exploring a company’s website, or contacting their human resources department and asking.
Here are some cover letter salutation suggestions if you’re struggling to find the right information:
- If you’re not certain about the recruiter’s title (like Mr., Mrs., Ms., Dr., etc.,) you can leave it out. For instance, “Dear Jane Smith” is acceptable.
- If you can’t figure out who the recruiter is, guess. For example, if you’re applying for a marketing position, address the marketing director by name instead.
- If you can’t find anyone’s name, address your cover letter to the department. For instance, “Dear Marketing Department” is okay.
- Dear Jane Smith
- Dear Ms. Smith
- Dear Accounting Department
- Dear [Company Name] Recruiter
3. Put together a clear, targeted opening paragraph
Start your cover letter with an informative, direct introduction by including the following details in the first one or two sentences:
- Job position: The title of the advertised position
- Company name: The name of the company looking to hire
- How you discovered the opening: Whether you saw the job on LinkedIn, a job board, or were recommended to apply by a friend
- Intention to apply: An enthusiastic announcement that you’re applying for the open role
Including these four pieces of information makes it clear you’re a serious applicant — one who isn’t simply sending out a generic cover letter and hoping for a response.
Here’s an example of a cover letter opening paragraph that effectively introduces the applicant:
You can also make your introduction even more attention-grabbing by adding a bit of personality, passion, or including a major career highlight. Don’t be afraid to let some of your unique personality shine through in your cover letter.
Just be sure to strike the right tone for your industry or field. For instance, if you’re applying for a job in law, keep your writing formal.
Here are some examples of unique cover letter openings you can try:
It’s been a lifelong dream of mine to become a character designer for Disney, which is why I’m so excited to apply for this open position.
I’m a believer that small details make a big difference, and I made my last boss a believer too after saving the company $60,000 in 2020 by simply analyzing and questioning each line on an enormous balance sheet. If Trulane Accounting is seeking an accountant who won’t skip over the small stuff, I believe I’m the perfect candidate for this job.
I’m excited to be applying for the social media position at Luxe Fashion. I’m what people now call an Extremely Online person, which is why I’ve been so successful at driving traffic and interest to my last company’s social media feeds — and I’d love to do the same for your brand.
4. Write informative, relevant body paragraphs
Next, it’s time to make a convincing argument you’re the right person for the job by discussing your experiences, skills, and achievements that are relevant to the position.
In one or two paragraphs plus bullet points (if you have some particularly impressive accomplishments to highlight), show the reader that you easily fit the needs outlined in the job description.
For job seekers with work experience
Hiring managers will look closely at your cover letter for evidence that you’re qualified and worth considering for the position. Use your recent work history and achievements to prove (with numbers) that you have the skills to get the job done.