Friday, May 24, 2019

[Master and Phd Degree] The Japan-IMF Scholarship Program for Asia (JISPA) 2019-20, Japan (Fully Funded)


The Japan-IMF Scholarship Program for Asia (JISPA) supports graduate studies in macroeconomics or related fields in leading universities in Japan. It provides educational opportunities to promising junior officials from central banks, ministries of finance and other economic agencies in the Asia-Pacific region, aiming to build their capacity in economic policymaking to support sustainable growth and development in their own countries and the region.
The program was first introduced in 1993,and is funded by the Government of Japan and administered by the Regional Office for Asia and the Pacific (OAP) of the International Monetary Fund (IMF).
More than 700 officials have graduated since its inception, and many alumni play a key role in policymaking in their countries.
There is two way to participate, namely:
  • Partnership Universities, (Closed)
  • Open Track (Open Now)
The open track of the JISPA provides support to scholars who wish to study graduate-level macroeconomics or a related field at either the master’s or Ph.D. level at any leading university in Japan. However, priority is given to Ph.D. candidates. It is geared towards highly motivated officials who are able to identify a course of study in Japan suitable to their professional pursuits in the public sector and supportive of their future work as an economic policy maker. The scholarships typically cover all or most of the tuition costs and related expenses and provide a monthly stipend for the scholar. The scholarship covers expenses incurred by the scholar only.
For a master’s degree, a scholarship can be awarded for up to two consecutive one-year periods and for a Ph.D. degree for up to three consecutive one-year periods, depending on a university’s requirements under a specific course of study. Annual renewal of the scholarship is subject to approval by the IMF, based on the scholar’s progress, university’s assessment, and sponsoring agency’s consent.
To be eligible for the open track, applicants must first apply directly to the university of their choice to be admitted into a graduate-level program in an appropriate discipline. The IMF maintains no information on the application processes at Japanese universities. The IMF can also consider providing support to those eligible scholars who have already commenced their studies in Japan.

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Benefits:

The scholarship covers all reasonable expenses a scholar is expected to incur, including:
  • one return airfare (subject to conditions);
  • admissions and tuition fees;
  • stipend (including a housing and subsistence allowance);
  • medical and accident insurance fees.
  • For scholars enrolled in doctoral programs, research related fees will be additionally covered. The scholarship covers expenses incurred by the scholar only.
The scholarship covers one year. The IMF makes a decision on a renewal for the subsequent year based on the scholar’s academic
performance and progress, the university’s recommendation, and the sponsoring agency’s consent. The scholarship award period is for up to two years for a master’s program and three years for doctoral programs, depending on the requirement of the university. No expenses incurred by accompanying family members of the scholar are covered. No other scholarship can be accepted by JISPA scholars.


Requirement:
  • 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.
  • Candidates should also currently work for 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 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 or iBT79-80. If TOEFL scores are not available, then an overall IELTS score of at least 6.0 can be substituted.
  • Applicants must be committed to contributing to the development of their home country, and if selected, are expected to return to their sponsoring agency upon completion of their studies under the JISPA.
  • 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; and (3) who have the minimum of two-three years’ work experience in the public sector.
In addition, for the open track, applicants are expected to be studying at, have been admitted into, or be applying to a graduate program in economics in Japan.

How to Apply:

  • Completed application form. The applicant is requested to apply through the online application which is available on the IMF Regional Office for Asia and the Pacific website at http://www.imf.org/external/oap/schol.htm
  • 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.
  • Two reference letters: References should be from applicants’ supervisor at work and/or an academic advisor or professor.
  • Recognized English Test Report (such as TOEFL/IELTS certificate, if available): The recognized English test report, such as TOEFL/IELTS test score, must be from an examination taken after December 1, 2016. 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.
  • Admission letter or enrollment certificate of the University of Choice, or a copy of the application to the university1 (open track applicants only).
  • Thesis or equivalent paper from their master’s degree (open track applicants only).
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. 
Deadline:
01 June 2019
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