World Bank Group Young Professionals Program (WBG YPP) 2024

World Bank Group Young Professionals Program


The World Bank Group Young Professionals Program (YPP) for 2023-2024 is set to empower emerging leaders in global development. This highly coveted initiative offers exceptional individuals a unique opportunity to join the World Bank Group and make a tangible impact on the world’s most pressing challenges. Through rigorous selection, comprehensive training, and exposure to diverse projects, YPP participants gain the skills and knowledge needed to shape the future of development. With a focus on innovation and inclusivity, this program aims to cultivate visionary professionals who can drive transformative change.

About The World Bank Group Young Professionals Program

The World Bank and the International Finance Corporation (IFC) have recently consolidated their individual Young Professionals Programs to establish a unified initiative known as the World Bank Group Young Professionals Program (WBG YPP). This program now serves as the recruitment platform for three prominent institutions, namely the World Bank, IFC, and the Multilateral Investment Guarantee Agency (MIGA).


By building upon the remarkable heritage of its predecessor programs, the WBG YPP endeavors to cultivate the next generation of leaders who can effectively collaborate across these institutions, generating comprehensive solutions to address the multifaceted developmental challenges faced worldwide.

To ensure a diverse pool of talent, the program actively seeks young professionals from all corners of the globe, giving preference to individuals hailing from WBG member countries and countries where these institutions operate. The program embraces applicants from various professional, academic, and cultural backgrounds, welcoming all qualified individuals who possess the potential to contribute to the program’s objectives.

The WBG YPP offers a comprehensive two-year leadership development opportunity, marking the initial phase of a five-year employment contract with either the World Bank, IFC, or MIGA. As part of this transformative experience, Young Professionals (YPs) commence their journey in Washington, DC, immersing themselves in an intensive training program. This holistic approach encompasses both practical, on-the-job learning experiences and structured classroom instruction.

Benefits Of Young Professionals Program

The World Bank Group Young Professionals Program (WBG YPP) offers a competitive salary and benefits package as part of a five-year term contract. Participants receive a salary that is globally competitive, reflecting the program’s commitment to attracting top talent. The benefits include health, life, and accident insurance to ensure the well-being of participants. A pension plan is provided for long-term financial security.


Depending on World Bank Group guidelines, participants may also receive relocation and mobility benefits to support their transition and integration into their roles. The WBG YPP’s compensation and benefits aim to support the personal and professional growth of young professionals effectively.

Eligibility Of The Young Professionals Program

  1. Age Requirement: Applicants must be born on or after October 1, 1991.
  2. Educational Background: A master’s or doctoral degree is required for consideration. The field of study should be relevant to the YPP Business Areas, aligning with the program’s focus.
  3. Professional Experience or Continued Study: Applicants should demonstrate relevant professional experience or be currently pursuing doctoral studies in a related field. This requirement emphasizes the program’s emphasis on attracting individuals with practical expertise or advanced academic pursuits.
  4. English Proficiency: Fluency in English is essential, as it serves as the primary language of communication within the World Bank Group.
  5. Preference: Preference is given to nationals of WBG member countries or countries where the institutions operate.

Graduate Degree Requirements

For World Bank and MIGA Placement: Applicants must have completed a relevant master’s degree by September 2023 or a Ph.D. before September 2024. The fields of study should be related to a World Bank or MIGA Business Area. Alternatively, applicants can demonstrate the equivalent of 3+ years of relevant professional experience or continued study at the doctoral level.

For IFC Placement: Applicants must complete a relevant graduate degree by September 2024. The fields of study should be related to an IFC Business Area, which includes but is not limited to a Master’s of Business Administration (or equivalent), Economics, Finance, International Relations, Science, and Engineering.

Also, applicants must demonstrate a minimum of 4+ years of relevant professional experience in finance, project/program development, economic development, and/or consulting. Possessing certifications such as the Chartered Financial Analyst (CFA) is considered advantageous.

YPP Member Countries

Column 1Column 2Column 3Column 4
Antigua and BarbudaMadagascarArgentinaMalawi
Bahamas, TheMarshall IslandsBahrainMauritania
BelarusMicronesia, Federated States ofBelgiumMoldova
Bosnia and HerzegovinaMyanmarBotswanaNamibia
BrazilNauruBrunei DarussalamNepal
BulgariaNetherlandsBurkina FasoNew Zealand
BurundiNicaraguaCabo VerdeNiger
CambodiaNigeriaCameroonNorth Macedonia
CanadaNorwayCentral African RepublicOman
ChinaPanamaColombiaPapua New Guinea
ComorosParaguayCongo, Democratic Republic ofPeru
Congo, Republic ofPhilippinesCosta RicaPoland
Cote d’IvoirePortugalCroatiaQatar
CyprusRomaniaCzech RepublicRussian Federation
DominicaSan MarinoDominican RepublicSao Tome and Principe
EcuadorSaudi ArabiaEgypt, Arab Republic ofSenegal
El SalvadorSerbiaEquatorial GuineaSeychelles
EritreaSierra LeoneEstoniaSingapore
FijiSolomon IslandsFinlandSomalia
FranceSouth AfricaGabonSouth Sudan
Gambia, TheSpainGeorgiaSri Lanka
GermanySt. Kitts and NevisGhanaSt. Lucia
GreeceSt. Vincent and the GrenadinesGrenadaSudan
Guinea-BissauSwitzerlandGuyanaSyrian Arab Republic
Iran, Islamic Republic ofTongaIraqTrinidad and Tobago
KazakhstanUnited Arab EmiratesKenyaUnited Kingdom
KiribatiUnited StatesKorea, Republic ofUruguay
Kyrgyz RepublicVenezuela, Republica Bolivariana deLao People’s Democratic RepublicVietnam
LatviaYemen, Republic ofLebanonZambia

Young Professionals Program (YPP) Business Areas

World Bank
Agriculture & Food
Digital Development
Energy & Extractives
Environment, Natural Resources & Blue Economy
Finance, Competitiveness & Innovation
Health, Nutrition & Population
Jobs and Development
Macroeconomics, Trade & Investment
Public Private Partnerships
Social Protection
Social Sustainability & Inclusion
Urban Development, Disaster Risk, Resilience & Land
Climate Change
Blended Concessional Finance
Derivatives and Structured Finance
Trade and Commodity Finance
Agribusiness & Forestry
Financial Institutions
Health & Education
Municipal and Environmental Infrastructure
Telecom, Media & Technology
Tourism, Retail & Property
Climate Finance
Private Equity Funds
Public Private Partnerships
Upstream Market Creation
Venture Capital
Credit Enhancement
Political Risk Insurance
Environmental & Social Management
Export Credit
Project Finance
Climate Change
Corporate Finance Services
Public-Private Partnerships
Risk Management
Sustainable Energy

How To Apply For The Young Professionals Program

Document Required

  • Resume/CV
  • Academic Credentials
  • 1 Short Essay 
  • Short Summary of Thesis or Dissertation (World Bank candidates, only if applicable)
  • 3 Professional or Academic Recommendations
  • Diploma, Degree Completion Letter, Proof of Enrollment with Expected Graduation Date or Transcript.
  • Recommendations will be requested via email during the eligibility screening stage.

Short Essay Question

Write a short essay for the following (in 500 words or less, for each prompt):

  1. Why would you like to join the World Bank Group Young Professionals Program and what makes you a great candidate for the program? In your response, please also indicate your preference for participating in the program at the World Bank, IFC or MIGA, and why. 
  2. Overlapping crises, such as disease outbreaks, climate change impacts, conflicts, and financial crises, coupled with fiscal and resource constraints, pose a complex challenge to many countries. How would you advise the World Bank Group to support countries in addressing that challenge by, amongst other, increasing governments’ capacity to respond and address the needs of their most vulnerable populations, working with the private sector to mobilize and enable financing for development, and engaging with the international community? If possible, please illustrate your response with examples based upon your technical expertise and experience.


YPP interviews for the World Bank Group Young Professionals Program are conducted in a hybrid format (virtual and in-person), including a pre-recorded interview, live panel interview, assessment center, and timed computer-based financial tests for IFC candidates. Applicants who are invited to interview will be provided with more detail as the process moves along.

Application Deadline

The application period for the World Bank Group Young Professionals Program (WBG YPP) is divided into two phases.

For all profiles, the application window is open from July 3 to July 31. During this period, candidates from various backgrounds and interests can submit their applications for consideration.


However, for profiles specifically related to the International Finance Corporation (IFC), there is an additional application period. From August 15 to September 30, individuals interested in IFC placements can apply exclusively during this timeframe.

Frequently Asked Questions

Can I reapply for the WBG YPP if I was not selected in a previous application cycle?

Yes, individuals who were not selected in a previous application cycle are eligible to reapply for the WBG YPP in subsequent cycles, provided they meet the eligibility criteria and requirements.

What is the selection process for the WBG YPP?

he selection process involves a thorough assessment of applicants’ qualifications, experience, and potential. It includes multiple stages, such as screening of applications, online assessments, interviews, and assessment centers. Finalists are selected based on their overall performance and fit with the program.

Can I apply for both World Bank and IFC placements?

Yes, applicants have the flexibility to indicate their preference for both World Bank and IFC placements during the application process. However, it is important to meet the specific eligibility criteria and requirements for each institution.

When are the application periods for the WBG YPP?

The application period for all profiles is open from July 3 to July 31. However, for IFC profiles specifically, there is an additional application period from August 15 to September 30.

What are the benefits offered to participants?

The program offers a competitive salary and benefits package, including health, life, and accident insurance, a pension plan, and possible relocation and mobility benefits based on WBG guidelines.




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