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IMF Internships

Headquarters 1: 700 19th St. NW
Washington, DC 20431
Headquarters 2: 1900 Pennsylvania Ave. NW
Washington, DC 20431
Employees: 2,500
Managing Director: Christine Lagarde

Website: http://www.imf.org

Internship Info

The Fund Internship Program (FIP) is the main internship offered at the International Monetary Fund. It provides an opportunity for highly promising graduate students pursuing an advanced degree/Ph.D. in macroeconomics or a related field to gain a better understanding of the IMF's work and contribute to the institution's mission. Other opportunities for internships in other careers are available, but their frequency and availability is limited. These opportunities are advertised periodically online in Current Vacancies or through university career development offices. The Fund also offers an internship in its Legal Department.

Internships are offered to about 50 graduate students each year and are undertaken during the summer between May and October.

During the 10 to 13-week period, interns work under the supervision of an experienced economist to carry out a research project and prepare a paper. Their paper may be presented to staff in the department at the end of their assignment, and papers of high standard may be published internally.

Who Should Apply

Students are typically pursuing a Ph.D. in macroeconomics or a relevant field, such as international economics, monetary economics, public finance, econometrics, labor economics, poverty issues or financial economics. Typically, internships are sought by those who are interested in the IMF's Economist Program following graduation.

Students who are considering the IMF Internship Program:

  • should be within one or two years of completing their Ph.D. in macroeconomics or relevant field; for the Legal Department internship, should be within one or two years of completing their L.L.M. in law, or equivalent advanced degree in law;
  • must be in student status, i.e., must be returning to university after their internship;
  • should normally not exceed 32 years of age;
  • have an excellent command of English (both written and oral); and
  • must possess strong quantitative and computer skills.

While the selection process is highly competitive, candidates with diverse academic or cultural backgrounds are encouraged to apply.

Salary & Benefits

IMF interns receive:

  • salary comparable to senior level support staff;
  • round-trip economy class air travel to Washington, D.C. from their university; and
  • limited medical insurance coverage.

Although the IMF provides information to help interns locate suitable accommodation in the Washington area, it does not find housing for interns or reimburse their housing costs.

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