The IMF employs experienced economists to fill mid-level vacancies that occur from time to time in area and functional departments. Detailed information on the work of an economist at the IMF can be found here.
Length of Appointment
Most initial appointments offered to experienced economists are for a term of three years. If performance during this period suggests potential for a successful IMF career, and if the IMF has a continued need for the position, the individual may be offered a regular staff appointment (an indefinite appointment).
The Fund requires candidates to have five to fifteen years of professional experience with economic policy issues at the national level. This experience is usually gained in a central bank, ministry of finance, or international financial institution. Experience in a research institute or academia is also acceptable, provided that the candidate has been exposed to policy making, possibly by working as a consultant for any of the institutions mentioned above. The ability to conduct technical discussions and to write reports in English is essential. Fluency in additional languages such as French, Spanish, Russian, Chinese, or Arabic would be an asset.
A Master’s or a Ph.D. degree in macroeconomics or related field, such as political economy, international economics, monetary theory and banking.
Macroeconomists undergo a competitive selection process aimed assessing their fungibility as Fund economists across the Fund. It includes a technical interview conducted by a panel, a written test, and a behavioral interview. Upon successful completion of the assessment, they are placed in a pool of candidates who are ready to be hired. Specialists are not typically subject to the same selection process because of their specific skills.