How to become an intern at the World Bank? (2024)

How to become an intern at the World Bank?

To be eligible for an Internship, candidates must have an undergraduate degree and be enrolled in a full-time graduate study program (pursuing a master's degree or PhD with plans to return to school full-time). There is no age limit. Fluency in English is required.

How much does the World Bank pay interns?

The estimated total pay range for a Intern at The World Bank is $48K–$80K per year, which includes base salary and additional pay. The average Intern base salary at The World Bank is $62K per year. The average additional pay is $0 per year, which could include cash bonus, stock, commission, profit sharing or tips.

What qualifications do you need to work at the World Bank?

Is it hard to get a job at World Bank?

Landing a job with the World Bank Group is a highly competitive feat. Out of approximately 150,000 job applications they receive each year, only around 1.3 percent, or 2,000 people, are hired. Their staff members are located across the globe, with just over half in the United States and Canada.

How do you get selected for World Bank?

Does World Bank hire interns?

We typically receive about 7,000 to 8,000 applications each year. The number of interns hired for a given year are approximately 150-200, depending on the needs of Bank managers and their budget circ*mstances.

What does the World Bank look for in interns?

Knowledge of languages such as: French, Spanish, Russian, Arabic, Portuguese, and Chinese is desirable. Other skills such as computing skills are advantageous. We value diversity in our workplace, and encourage all qualified individuals, particularly women, with diverse professional and academic backgrounds to apply.

Can you work remotely for the World Bank?

World Bank Group Jobs & Careers - Remote Work From Home & Flexible.

Do World Bank jobs pay well?

How much does World Bank in the United States pay? The average World Bank salary ranges from approximately $62,031 per year for Outside Sales Representative to $206,000 per year for Senior Statistician.

Is working at World Bank good?

Do people recommend working at The World Bank? Overall, 82% of employees would recommend working at The World Bank to a friend. This is based on 1,892 anonymously submitted reviews on Glassdoor.

How to pass a World Bank interview?

> Respond promptly to show interest.

> Research the interviewers, the organization, and the sector/department/ division. In addition to reading, talk with others who might have knowledge. Based on what you learned, prepare questions you can ask about the organization, department, and/or position.

Do World Bank employees pay taxes?

The Bank's share of their Social Security and Medicare tax payment is also included. Every quarter, the staff member must send in a tax payment form with their federal, Social Security and Medicare payment and enclose a check for the amount due. There is a similar form and procedure for state tax payments.

What is the hardest bank to get a job from?

Ex-Goldman Sachs helping train students/recent grads to secure jobs in banking - 90% placement rate to banks like GS, UBS and JP. These are the 10 hardest investment banks to get a job at in the world🌍👇 1. JP Morgan 2. Goldman Sachs 3.

Do you need a PhD to work at the World Bank?

Staff Grade LevelsThe World Bank has 10 grade levels, which are organized into three groups: Administrative Jobs (GA–GD) generally require a Bachelor's degree. Professional & Technical Jobs (GE-GH) usually require a Masters or PhD. Managerial Jobs (GH–GJ) require experience managing teams, work programs, and budgets.

Do you need a masters to work at the World Bank?

The minimum eligibility criteria for the World Bank Young Professionals Program is a Master's degree plus three years of relevant professional experience in one of the critical operations areas for the World Bank (or a Ph. D.

Do you need security clearance to work at the World Bank?

Attention: Security clearance is required. However, a candidate may be hired and enter on duty prior to the completion of the pre-employment screening process.

How much do World Bank summer interns get paid?

Yes, the internship is full-time and pays between $19.70 - $23.80 per hour depending on World Bank HR policies.

Which bank pays interns the most?

How much do World Bank interns get paid per hour?

Average World Bank Finance Intern hourly pay in the United States is approximately $21.36, which is 20% above the national average.

How do interns get money?

Pay. You'll notice that many internships opt to pay an hourly wage or salary. But you might also find some that pay weekly or monthly stipends. The average hourly wage of an intern tends to fall between $15.67 and $19.51 for freshmen and seniors in college, respectively.

What are your salary requirements for internship?

What is the acceptance rate for the World Bank?

Approximately 6,000 people apply every year but only around 40 are selected.

Where do World Bank employees live?

Most WBG staff members live in Northern Virginia, suburban Maryland and D.C. The two closest Metro stations to the Bank are Farragut North (the Red line) and Farragut West (the Orange/Blue line).

Can husband and wife work in World Bank?

What is the Bank Group's policy for spouses and relatives? The spouse or domestic partner of a Staff Member who meets the normal selection standards may be employed by the Bank Group.

What is the retirement age at the World Bank?

meet the "rule of 60" (your age plus years of qualifying service equal at least 60).