The Fund Internship Program (FIP) places about 50 graduate students each year at the International Monetary Fund headquarters in Washington, D.C., for a paid assignment of 10 to 12 weeks during the northern-hemisphere summer. The IMF was founded in 1944 and today has 191 member countries, so interns work in a genuinely multinational setting on research, data analysis, and report preparation alongside staff economists. Most placements sit in economics-focused departments, but the Legal Department also recruits interns in the first or second year of an LLM or J.D. The programme covers a monthly stipend, round-trip economy airfare to Washington, D.C., and limited assistance toward housing, so the placement is fully funded for the intern. Eligibility is age-bound: PhD candidates must be under 32 and Master's candidates under 28 at the start date, and all applicants must be enrolled graduate students intending to continue their studies afterwards. Non-US nationals receive a G4 visa, while F-1 holders must supply valid CPT authorisation. Because the stipend rate, travel allowance, and application window are reset each cycle, confirm the exact current-cycle figures and the 2026 deadline on the official IMF internships page before you apply.
Applications are submitted online through the IMF careers portal during the published recruitment window, typically in the autumn before the summer placement.
Selection is based on academic record, analytical skills, and relevant experience; meeting the minimum criteria does not guarantee an offer.
All countries (open worldwide)
Candidates are assessed on academic achievement, analytical and quantitative skills, and relevant work or research experience. After the deadline the IMF screens all applications, matches strong candidates to departmental needs, and invites a shortlist to interview before extending offers.
The International Monetary Fund, founded in 1944 and headquartered in Washington, D.C., is a multilateral organisation of 191 member countries that works to secure global monetary cooperation, financial stability, and sustainable economic growth.
Answers below are best-effort estimates from the most recent application cycle. Values marked ~ or (est.) may shift year-to-year — confirm specifics on the official scholarship page.
It is a paid summer internship of 10 to 12 weeks at IMF headquarters in Washington, D.C., for graduate students in economics, finance, and related fields.
Enrolled Master's or PhD students (or recent graduates within one year) in economics, finance, or a related field who meet the age limits and English-language requirement.
Yes. Interns receive a monthly stipend, round-trip airfare to Washington, D.C., and limited housing assistance; confirm exact figures on the official page.
The monthly stipend is estimated at about ~US$5,000 (est.); the IMF publishes the exact current-cycle rate during recruitment.
PhD applicants must be under 32 and Master's applicants under 28 at the start of the internship; Legal Department interns must be under 32.
Most placements run for 10 to 12 weeks during the northern-hemisphere summer.
At the IMF headquarters in Washington, D.C., United States.
Non-US nationals are sponsored for a G4 visa, while F-1 visa holders must provide valid CPT work authorisation.
A CV, academic transcripts, a cover letter, and at least one letter of recommendation submitted through the online portal.
Applications usually close in late 2026 for the summer 2027 cycle; confirm the exact date on the official IMF internships page.
Yes. The Legal Department recruits interns in the first or second year of an LLM, J.D., or equivalent law degree.
No. The internship is a research placement, but strong performers may be considered for future IMF opportunities.