The New Development Bank (NDB), a renowned multilateral development institution formed by the BRICS nations—Brazil, Russia, India, China, and South Africa—offers a unique Internship Programme aimed at nurturing young talent. This initiative aligns with the bank’s commitment to driving infrastructure and sustainable development in emerging markets and developing countries.
Aspiring candidates from member countries are encouraged to seize this opportunity to enhance their skills and contribute meaningfully to global growth.
About the New Development Bank Internship Programme
The NDB Internship Programme is a structured initiative designed to empower students and recent graduates with valuable professional exposure in a dynamic, multicultural work environment. The programme invites young professionals to engage in challenging projects under the guidance of seasoned experts, contributing to the bank’s mission while fostering personal growth.
The bank offers internship opportunities to individuals currently pursuing or recently completing graduate or postgraduate studies in fields relevant to NDB’s operations. These include accounting, finance, economics, law, business administration, human resources, environmental science, and social sciences. Interns are assigned to various departments and divisions, where they gain hands-on experience tailored to their academic backgrounds and career aspirations.
Eligibility Criteria for Aspiring Interns
The NDB Internship Programme is open to candidates meeting the following criteria:
- Nationality: Applicants must be citizens of one of the NDB member countries (Brazil, Russia, India, China, South Africa).
- Age Limit: Candidates must be 30 years old or younger at the time of application.
- Educational Status: Eligible candidates are those who have completed graduate or postgraduate studies within the last 12 months or are currently enrolled in a postgraduate programme.
- Language Proficiency: Fluency in English is mandatory.
- Work Experience: Applicants must have less than one year of prior work experience.
- Availability: Candidates should be available to work full-time during the internship.
Application and Selection Process
The application process for the NDB Internship Programme is straightforward but competitive. Applicants must submit the following mandatory documents:
- A detailed Curriculum Vitae (CV).
- Their most recent academic transcript.
- Proof of enrollment in a postgraduate programme.
The selection process involves multiple stages, ensuring that only the most qualified candidates are chosen. The steps include:
- Job Posting and Application Submission: Applications are submitted online, where they are stored in a database for review.
- Screening by HR Department: HR personnel evaluate submissions to ensure they meet the eligibility criteria.
- Shortlisting by Reporting Managers: Managers shortlist candidates based on business needs and alignment with their expertise.
- Interviews and Assessments: Shortlisted candidates are invited for interviews, with potential competency assessments conducted as needed.
- Approval and Onboarding: Successful applicants receive appointment letters and complete onboarding formalities, including compliance with the bank’s policies and regulations.
Benefits of the Internship Programme
The NDB Internship Programme offers more than just professional experience—it provides a holistic learning environment that equips interns with skills to excel in their careers. Here are some of the programme’s key benefits:
- Mentorship: Interns work under the guidance of experienced professionals, gaining insights and learning from their expertise.
- Global Exposure: As part of a multicultural team, interns develop a global perspective on sustainable development and infrastructure projects.
- Stipend: Interns receive a competitive stipend of USD 150 per working day, ensuring financial support during the programme.
- Flexibility: The internship lasts between one and three months, allowing participants to choose a duration that aligns with their availability and career goals.
Duty Station and Work Conditions
The duty station for interns is determined by business requirements and includes the NDB Headquarters in Shanghai, China, or its regional offices. Interns are required to work on-site at the bank’s premises unless otherwise authorized. This immersive experience allows interns to engage directly with the bank’s operations, fostering a deeper understanding of its work culture.
Additional Considerations
The NDB Internship Programme maintains strict compliance with its policies to ensure fairness and transparency. Notably:
- Interns cannot hold simultaneous employment or participate in another internship during their tenure at NDB.
- Close relatives of NDB staff, consultants, or officials are ineligible for the programme to prevent conflicts of interest.
How to Apply
Interested candidates should prepare their application package, including a CV, transcript, and proof of enrollment, and submit it via the official application portal. Applicants from Russia experiencing technical difficulties can email their resume and cover letter to career@ndb.int, ensuring the job title and requisition number are included in the subject line.
The New Development Bank Internship Programme is a golden opportunity for young professionals to gain invaluable experience in a globally impactful organization. By participating, interns not only enhance their career prospects but also contribute to sustainable development initiatives that shape the future of emerging markets.
Aspiring candidates are encouraged to apply and take their first step toward an enriching and fulfilling professional journey with NDB.
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