Application for the 2011-2012 academic year is now open (application deadline: December 10, 2010). The online application will be available by mid-October.
The Japan-IMF Scholarship Program for Asia (JISPA) was first introduced in 1993. It is funded by the Government of Japan, administered by the International Monetary Fund (IMF), and conducted at various graduate schools in Japan. Its objective is to contribute to institutional capacity building in economic policymaking to promote the sustainable growth of emerging and developing economies in Asia and the Pacific. By training future macroeconomic managers in these countries, the JISPA aims to enable them to better formulate sound economic and financial stability policies needed for sustainable growth and development.
The JISPA targets highly motivated government officials who may serve as future macroeconomic policy makers with the capacity and vision to contribute effectively to the economic development of their countries. Scholarship awards are made on the basis of the candidate’s academic record and work background, mathematical and statistics skills, English language proficiency, and potential for contributing to the macroeconomic and financial management and economic development of their country. The assessment also includes qualities such as the candidate’s commitment to public service, willingness to learn, and openness to new ideas.
Currently, the JISPA is open to qualified candidates from the following countries:
Bangladesh, Bhutan, Cambodia, China, India, Indonesia, Kazakhstan, Kyrgyz Republic, Lao P.D.R., Malaysia, Maldives, Mongolia, Myanmar, Nepal, Pacific Island Countries, Papua New Guinea, Philippines, Sri Lanka, Tajikistan, Thailand, Timor-Leste, Turkmenistan, Uzbekistan, and Vietnam.
The partnership universities are:
• National Graduate Institute for Policy Studies (GRIPS): one-year and two-year programs
• Hitotsubashi University: two-year program
• International University of Japan (IUJ): two-year program
• University of Tokyo (UT): two-year program
All subjects, including the thesis component, are taught entirely in English.
The universities offer subjects that cover essential elements that will allow scholars to enter the macroeconomic policy dialogue at an international level. All of the universities have a strong macroeconomic oriented focus on:
(1) macroeconomic policy formulation;
(2) central banking and monetary policy;
(3) financial markets and institutions.
They also offer various optional subjects that will allow scholars to pursue their particular interests, relevant to the topic of their master’s thesis or policy research paper.
The scholarship covers tuition-related costs and most living expenses for the scholar herself/himself. Officials who receive the JISPA scholarship cannot accept other scholarships. Scholars are expected to devote full time to their studies while in Japan.
Candidates should also currently work for employment from one of the following or related government agencies: central bank, ministry of economy, ministry of finance, ministry of planning/development, ministry of trade/commerce, tax administration, national statistics bureau, or financial regulatory agencies. The program will also consider officials working in other areas of government that have a significant impact on the formulation or implementation of macroeconomic policy.
Candidates must have a Bachelor’s degree or an equivalent with at least 16 years of formal education. Names of schools and attending dates beginning from primary school must be listed in the application. In some cases, 15 years of formal education may be accepted if there is an official explanation (a country’s particular educational system or other exceptional circumstances).
Applicants must have an English language proficiency, which needs to be demonstrated as equivalent to or more than an official TOEFL score of 550, CBT213, or iBT79-80. If TOEFL scores are not available, then an overall IELTS score of at least 6.0 can be substituted.
For both the partnership and open track, eligible candidates should submit the following:
1. Completed application form (preferably typed). The applicant for the partnership track is requested to apply through the online application system which is available on the IMF Regional Office for Asia and the Pacific website at http://www.imf.org/external/oap/schol.htm
2. Official transcripts and official copies of diplomas or degree certificates from all undergraduate and graduate schools. An official copy means a certified copy of the original document with an official seal obtained from the administration office of the university attended. Copies attested by organizations/ persons not having notarized/legal bearing will not be accepted.
3. Two reference letters: References should be from applicants’ supervisor at work and/or an academic advisor or professor.
4. TOEFL/IELTS certificate (if available): The TOEFL/IELTS test score must be from an examination taken after December 10, 2008. If a score is unavailable, the applicant will be requested to sit for a TOEFL/IELTS examination prior to receiving a final decision on the scholarship award. For the open track only, eligible candidates should also submit the following:
5. Admission letter or enrollment certificate of the University of Choice (open track applicants only): Applicants for partnership track are not requested.
All submitted application material must be presented in English or be accompanied by an official English translation. The material will be considered under the control of the IMF and provided to the relevant school(s) and the Government of Japan as it sees appropriate. None of the material will be returned to applicants.
The application deadline for the partnership track is December 10, 2010
Application material should be sent by mail to the IMF Regional Office for Asia and the Pacific.
For further information on the application procedure, please contact:
Japan-IMF Scholarship Program for Asia
IMF Regional Office for Asia and the Pacific
21st Floor Fukoku-Seimei Building
Chiyoda-ku, Tokyo 100-0011
Tel. +81 3 3597-6708
Fax +81 3 3597-6705
Website : http://www.imf.org/external/oap/schol.htm
Detail and application form: http://www.imf.org/external/oap/pdf/JISPA11-12_web.pdf