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Overview

The International Monetary Fund (IMF) is an organization of 187 countries, working to foster global monetary cooperation, secure financial stability, facilitate international trade, promote high employment and sustainable economic growth, and reduce poverty around the world.

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.

Eligible Countries

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.

Partnership Track

National Graduate Institute For Policy Studies (GRIPS)
Hitotsubashi University (HIT)
International University of Japan (IUJ)
The University of Tokyo (UT)

Fields of Study

Master of Macroeconomic Program (MEP)
Master of Asian Public Policy Program
Master of Macroeconomic Policy Program
Master of Public Policy, International Program (MPP/IP)

IMF Scholarships

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.

The program comprises two tracks: the partnership track and the open track. Because of the strong competition for scholarships, the JISPA is highly selective. In 2012-2013, a total of 36 new scholarships are available to candidates for the partnership track. There is no fixed limit on new scholarships for the open track, but generally only a small number of scholarships are awarded.

Partnership Track: Application Guidelines

Application deadline

Partnership track: December 10, 2011 for the 2012-13 academic year.

Eligibility requirements

Target countries: Under current program guidelines, candidates must be a national of one of 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.

Work: 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.

Education background: 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).

English proficiency: 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.

Priority is given to applicants (1) whose age is below 40; and (2) who have not yet obtained a master’s degree from a university outside of their own country.

Application procedures

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 (The online application system will be available in October, 2011). The blank application form can be reviewed for reference only.
  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, 2009. 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.

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.

Application material should be sent by mail to the IMF Regional Office for Asia and the Pacific (see address below).

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
2-2-2 Uchisaiwai-cho
Chiyoda-ku, Tokyo 100-0011
Japan
Tel. +81 3 3597-6708
Fax +81 3 3597-6705
Email: jisais@imf.org

Open Track: Application Guidelines

Application deadline

There is no application deadline. Applications are accepted and reviewed year-round.

Eligibility requirements

Target countries: Under current program guidelines, candidates must be a national of one of 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.

Work: 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.

Education background: 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).

English proficiency: 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.

Admission to the University: The applicants must be accepted in a graduate-level program in an appropriate discipline. The scholars who have already commenced their studies in Japan may be also considered by the IMF.

Application procedures

Eligible candidates should submit the following:

  1. Completed application form (preferably typed).
  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, 2009. 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 (English Program only).
  5. Admission letter or enrollment certificate of the University of Choice.

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.

Application material should be sent by mail to the IMF Regional Office for Asia and the Pacific (see address below).

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
2-2-2 Uchisaiwai-cho
Chiyoda-ku, Tokyo 100-0011
Japan
Tel. +81 3 3597-6708
Fax +81 3 3597-6705
Email: jisais@imf.org

http://www.imf.org/external/oap/schol.htm

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