IFC hires summer interns each year for a minimum period of four weeks between May and September to work on discrete projects in Washington, DC or in one of IFC’s country or regional offices. IFC’s summer internships are paid positions. The program is very competitive: we receive about 1500 applications each year, from which 30-40 candidates are selected. Following a thorough evaluation process at the conclusion of the internship, successful interns are encouraged to apply for an Associate Investment Officer, or any other full-time opportunity available after graduation.
Summer Interns are assigned to an industry, regional or service department within IFC. Assignments cover various areas of work, such as sector-specific business development, investment proposal review, financial modeling and analysis, advisory services strategy, and ex-post investment project evaluation. The assignment depends on the needs of the department and the particular fit for the candidate.
Candidates must be in the first or second-to-last year of an MBA or similar graduate program. Specific selection criteria include:
For investment positions, work experience (3-6 years) in international finance, which could include corporate finance, investment banking, financial consulting, private equity, credit analysis, or commercial banking
Knowledge of sectors relevant to IFC and emerging markets experience preferred
Strong analytical, communication and negotiation skills
Business development and client relationship skills
Enthusiasm for working in multicultural teams and across borders
Fluency in English; proficiency in one or more of Arabic, Chinese, French, Russian and Spanish strongly preferred
Commitment to sustainable private sector development
Application and Selection Process
IFC accepts applications on-line from December 1 through January 15 of each year. Applications of short-listed candidates will be posted in an Internship Program database accessible by all IFC departments globally. Individual departments contact candidates directly for interviews and usually conclude their hiring decisions between mid March and end of April. Please visit the website on or after March 15 to find out if you have been short-listed but keep in mind that not all short-listed candidates will be contacted for interviews.
2013 Summer Internship Program Recruitment
The application period for the 2013 Summer Internship Program is currently closed. IFC will accept applications for the 2014 Summer Internship Program online only from December 1, 2013 to January 15, 2014.
Previous applicants are able to check the status of their application online (click “Check Application Status” and sign in to the Member Center).