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Economist Program 2027, Washington, United States
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Job Description
## Economist Program 2027, Washington, United States
- Organization:IMF - International Monetary Fund
- Country:United States
- Office:IMF Washington
Work for the IMF. Work for the World.
Economist Program (EP) 2027
Work on real policy. From day one.
What could your research achieve beyond academia?
As an Economist Program participant, you will help countries
tackle complex economic challenges. From your first assignment, you
will contribute to policy analysis, country work, and research that
informs the IMF's work across its 191 member nations.
You will join experienced economists working on real-world
policy questions. Depending on your assignment, you may analyze
economic developments, assess risks, develop policy options,
contribute to country engagement, or conduct research that supports
policy decisions.
If you are completing or have recently completed a PhD and want
to turn rigorous economic research into practical policy advice,
the Economist Program could be your next step in a long-term
economist career.
After successfully completing the three-year program, EPs who
demonstrate strong and consistent performance are typically
absorbed into the IMF as open-ended economists through vacancies
advertised across departments, continuing their careers at the
Fund.
- Path after the program:Successful EPs are typically
absorbed into IMF departments based on strong and consistent
performance during the program.
- Structure:Two departmental assignments
- Location:IMF Headquarters in Washington, D.C.
- Start date:September 2027
- Candidate profile:Recent PhD graduates and candidates
within one year of completing a PhD
- Focus:Country work, macroeconomic policy, research, and
capacity development
The two assignments provide broad exposure to the IMF's work and
help you build a strong foundation in macroeconomic policy and
surveillance.
To learn more about the program and hear from current and former
EP economists, visit theEconomist Programpageon IMF
Careers.
Your responsibilities will depend on your department and
assignment. Your work may include:
- Analyze economic developments and risks for one or more
countries or a region.
- Contribute to IMF country engagement, including Article IV
consultations and IMF-supported programs.
- Help develop policy advice tailored to a country's economic
circumstances.
Policy analysis and advice
- Assess fiscal, monetary, exchange rate, financial sector, and
external sector policies.
- Examine macro-financial linkages and risks to economic
stability.
- Analyze fiscal and external debt sustainability.
- Contribute to policy and program design.
- Support work on economic governance, trade, and regional
integration.
- Conduct analytical work and research related to IMF policy
priorities.
- Work with other IMF economists on reports, working papers, and
policy publications.
- Apply economic theory, quantitative methods, and data analysis
to real-world policy questions.
- Help member countries strengthen economic institutions,
policies, and technical expertise.
- Contribute to training and technical assistance based on your
assignment and area of expertise.
From your first assignment, your work will contribute to policy
discussions and practical economic outcomes.
Why Join the Economist Program?
Real responsibility from day one
The EP is not a trainee program. You will be hired as an
economist and take on substantive responsibilities from the
beginning of your first assignment.
Through two departmental assignments, you will gain experience
across countries, regions, policy areas, and different parts of the
IMF.
Challenging, policy-relevant work
You will work with experienced economists on complex issues
affecting member countries and the global economy.
A foundation for your career
The program will help you build analytical skills, professional
network, and experience as a policy economist. It is designed to
provide a strong foundation for a long-term career at the IMF.
To be considered for the 2027 Economist Program, you must:
- Be a recent PhD graduate or be within one year of completing a
PhD in macroeconomics or a related field.
- Have a solid understanding of macroeconomics and be able to
explain complex economic linkages clearly.
- Be under 34 years old when the program begins in September
2027.
- Be a citizen of an IMF member country.
- Demonstrate excellent written and spoken English.
- Possess strong analytical, quantitative, and computer
skills.
The IMF welcomes applicants from a range of economics fields.
You do not need to specialize exclusively in macroeconomics, but
you must have a strong foundation in macroeconomic analysis and an
interest in applying economics to policy questions.
Recruitment and Selection Process
The Economist Program follows an annual recruitment cycle.
Applications typically open in late September. Interviews and
assessments take place between October and January, offers are
typically made in early February, and the incoming cohort begins
the following September.
Step 1: Preliminary Interview
Shortlisted candidates are invited to a 30 to 40-minute
preliminary interview.
You will provide a high-level overview of your research and
discuss economic topics related to the IMF's work. The interview
also considers your analytical thinking, communication, and
interpersonal skills.
Step 2: Supporting Materials
Following the preliminary interview, you may be asked to
provide:
- Your most recent PhD program transcript.
- Three academic references.
- A research paper of publishable standard or one or two chapters
from your dissertation.
Academic references cannot be provided by current IMF staff
members.
Step 3: Panel Interview and Written Assessment
Selected candidates are invited to an in-person panel interview
with two or three senior IMF economists and a Human Resources
officer.
- Knowledge of monetary, fiscal, balance of payments, and
financial sector issues.
- Analytical ability and policy judgment.
- Written and oral communication.
- Interpersonal skills.
- The ability to explain complex economic issues clearly and in a
structured way.
Candidates also complete a 90-minute written assessment. The
assessment evaluates written communication and the ability to
develop a clear, well-structured response under time
constraints.
Candidates who reach the panel stage are referred to an internal
committee of senior staff for final review.
The committee considers the full set of assessment results. The
panel interview and research paper review receive the greatest
weight in the final decision.
Frequently Asked Questions
Do I have to be a macroeconomist to apply?
No. The IMF looks for adaptable economists who can learn new
fields and bring different perspectives to its work.
You must have a solid grounding in macroeconomics and understand
the IMF's work, but EP economists come from a range of fields,
including finance, labor economics, development economics, and
gender economics.
Will I be able to conduct research?
Yes. Research and analytical work are important parts of the
IMF's work. IMF economists publish reports and working papers and
contribute to books, journals, and other publications.
You will have opportunities to exchange ideas and collaborate
with economists working across many fields. The time available for
independent research will depend on your assignment, the relevance
of the research to the IMF's work, and your ability to balance
research with other responsibilities.
Is the Economist Program a trainee program?
No. EP participants are hired as economists and take on
substantive responsibilities from the beginning of their
assignments.
How long is the program?
The program lasts three years and includes two departmental
assignments.
What happens after the three-year Economist Program?
After successfully completing the three-year program, EPs who
demonstrate strong and consistent performance are typically
absorbed into IMF departments as economists through job vacancies
advertised by econo
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