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Home Financial Literacy Career tips

The RSM Fellowship will support training of researchers at the Worldbank

Ngozi Ekugo by Ngozi Ekugo
March 8, 2023
in Career tips, Financial Literacy
How development economics researchers can apply for World bank’s $44,888 monthly World Bank’s fellowship

McNamara scholarship program brochure image

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Key highlights

  • The Robert S. McNamara Fellowship Programme (RSMFP) will be supporting aspiring Development Economics researchers from developing countries at the World Bank
  •  Fellows will be hosted at the World Bank in Washington, D.C. for 8 months (September to May each year) and will each receive a salary of $44,888 for the 8-month period
  • The deadline for the application is the 3rd of April, 2023.

 

The Robert S. McNamara Fellowship Programme (RSMFP) will be supporting aspiring Development Economics researchers from developing countries at the World Bank.

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This fellowship opportunity will enable fellows to take part in rigorous research with direct policy implications at the Development Economics Vice Presidency of the World Bank.

This means that Fellows will become more knowledgeable about current research practices, pick up new econometric skills, and connect with top experts in their field.

Program details: Fellows will be hosted at the World Bank in Washington, D.C. for 8 months (September to May each year).

The Fellows will work under the supervision of researchers in the World Bank’s Development Impact Evaluation (DIME) and Development Research Group departments, engaging in high-quality and policy-relevant research projects.

The Fellows will gain the following: 

  • Professional experience: Fellows will participate in World Bank operations and work on World Bank projects under the direct supervision of World Bank researchers. They will also receive training in cutting-edge research techniques and technologies. Depending on the projects, fellows may contribute to the published works, participate in field missions, or directly engage with World Bank clients.
  • Capacity building: At the start of the program, Fellows will receive a one-week technical onboarding that includes instruction in reproducible research techniques. To further develop their skills, fellows will take part in practical training and seminars led by leading economists throughout the program. This will enable Fellows to improve their capacity to identify, research, and write on crucial development policy issues through their collaboration with DEC economists.
  •  Research dissemination: Fellows will be invited to write a blog based on their fellowship research to enable them to showcase their research and contribution to development policy discussions. Each year, the top 4 blogs will be published on DEC’s Let’s Talk Development blog.

Compensation & Benefits: The RSMFP will provide a competitive salary of $44,888 per fellow for an 8-month fellowship. The salary is net of income taxes (paid in monthly installments).

The World Bank’s HR Operations unit will help the chosen candidates with their G4 visa application since the fellows will be hosted at the World Bank in Washington, D.C. Travel costs are however not covered by the fellowship.

The applications for the 2023 cohort are now open and eligible candidates should apply here latest by April 3, 2023.


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Tags: Robert S. McNamara Fellowships Program (RSMFP)The World Bank
Ngozi Ekugo

Ngozi Ekugo

A high-performing labour market analyst/ talent acquisition specialist providing research on labor availability, labour migration, workplace trends and career development opportunities. Having worked across various sectors such as the recruitment, consulting, investment banking (Goldman Sachs) and the media, both in Nigeria and the United Kingdom, I possess a unique blend of competencies and experience to thrive in any industry.

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Comments 1

  1. Dino Šabović says:
    March 17, 2023 at 1:59 pm

    Greetings,
    I am a bachelor of economics and since one month, working on my Master thesis. I also have large work expiriance in public and NGO- sector, speaking beside English, even better German and yugoslaw languages… So I would kindly like to ask wether I fit for any kind of cooperation with You?
    Best regards!

    Reply

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