The ADB Young Professionals Program

[KuyaDanny]

Posted for your consideration - some material taken from the ADB website. The applications deadline is not quite clear, and the online application form nowhere to be found (although I could be blind or simply lazy).

Young Professionals Program

The Bank's Young Professionals (YP) Program was established in 1983 to recruit and assimilate annually into the Bank a small number of exceptionally well qualified younger personnel.

Candidates should have a superior academic record and, preferably, work experience in areas related to the Bank's activities. To provide the experience which will enable YPs to become fully productive professional staff, the Program provides on-the-job training, participation in missions to the Bank's developing member countries, and short periods of formal training tailored to individual needs. YPs acquire a broad range of professionals skills and a sound understanding of the Bank's policies and procedures which should enable them, upon completion of the Program to progress to higher professional staff positions. The Program is intended to lay the foundation for a challenging and rewarding career in the Bank.

Who can apply
Applicants for the YP Program are expected:[list=a]
to hold at least a master's degree (or equivalent professional qualifications), with advanced training in economics, finance, business administration or in other fields relevant to the work of the Bank;

to be proficient in oral and written English;

normally to be 30 years of age or below on joining the Bank;

preferably to have gained some work experience in areas related to the activities of the Bank such as banking, business, financial analysis of projects, planning and analysis of investments, and/or economic and sector analysis; and

to have citizenship or nationality of a Bank member country.[/list=a]

As the Bank is committed to increasing the number of female professionals staff, women are encouraged to apply for the YP Program.

Click here to go directly to the YP website (http://www.adb.org/Employment/ypp.asp)

[birleys]

I have an older friend who did his internship at ADB a year ago. He told me that it was really a competitive process.

He also mentioned that Filipinos are not prioritized on the hiring scheme for two main reasons.

1. Filipinos are over represented in ADB in the form of support staff already

2. Philippines contribution to ADB is small relative to the number of people(Filipinos) being hired.

Thus, this means that ADB helps the Philippines so much already by hiring many support functions while our monetary contribution to the bank is small. The bank's priority will be to hire nationals who are under represented and nationals from countries who give a lot of monetary contribution to the bank like USA, JAPAN and other industrialized European nations(YEs, they are included in the roster of the bank's members)

Now, does this exclude you already? Not necessarily. At the entry level, it would be extremely difficult to enter unless you have had excellent training in US(like Wharton, Harvard, etc) or in Europe too, and some real industry experience relevant to the bank preferably at the international level.

However, if you have had excellent training in the US, Europe, plus with a good working experience at the interantional level. Then maybe just MAYBE you would not want to come back to Phil to work. The probability, especially if you are young (not attached) already working at an international or multinational institution which pay a lot, to come back maybe small UNLESS they have a definite passion for development and its related work.
Chances are the expatriate would continue working at the present instituion rather than to change jobs
This is not to discourage people from working in internatioanl orgainzations like World Bank and the UN, but the reality is that there are too many Filipinos working there relative to the amount of finacial contribution our poor government gives.

Thus, even if you are adequately trained already compared to the competitor who comes from a country who is and or under represented / gives a lot of monetary donations, then chances are, you will not be prioritized over your competitor.

In my opinion, the easiest way to enter into such organizations is either you have special skills like the IT field or you come from an top school in US with relevant industry experience. In this way, your nationality or citizenship does not matter.

By the way, I am referring to the regular and normal staff of the bank and not as a support staff.


[Edited by birleys on 05-15-2001 at 10:20 PM]