The Japan-IMF Advanced Research Scholarship Program (JISP) is a two-year program designed to support Japanese students to pursue a doctoral degree. A degree in Macroeconomics prepares you for employment as an economist at the International Monetary Fund (IMF).

The scholarship is funded by the Government of Japan and run by the IMF’s Capacity Development (ICD) with the support of the Institute of International Education (IIE).

Each year, up to seven scholarships are awarded to students with outstanding academic performance as part of a competitive selection process. All her JISP scholars are required to apply for her IMF Economist Program (EP) position after completing her PhD. If a job is offered they must accept it. Failure to comply with this obligation will result in the refund of the scholarship.

Note that not all her JISP grantees who apply for employment with the IMF will be considered. This is because there are a large number of applicants for each available position and the selection process is highly competitive.


JISP provides financial support for his two-year graduate program which includes:

Full payment of tuition or school and fees is required. Health insurance coverage. monthly living allowance. part of the travel expenses.

Paid summer internship. However, for the remainder of the academic year, JISP grantees are typically expected to receive additional funding through research or teaching assistantships at the university.


By receiving a JISP award, the scientist agrees to the following conditions:

Applicants must have studied macroeconomics at a university outside of Japan and have a good Ph.D. program in the field. Fellows must be full-time PhD graduate students

. Registered. Study a program of macroeconomics over a two-year fellowship period. You must also demonstrate a high level of academic performance with a minimum average grade of B and pass all required proficiency tests.

Grantees must complete a 10-13 week paid internship at the International Monetary Fund (IMF).

In the final year of her PhD, onwards the scientist must apply to her IMF’s Economist Programme. Also, if you are under the age of 34, you must accept a job offer from the IMF.

Failure to comply with the above conditions will require the grant recipient to repay her JISP grant.

Method how to apply online JAPAN-IMF SCHOLARSHIP PROGRAM

To apply for scholarships online, follow these steps:

Prepare the necessary documents.

Personal Statement: Write a statement that focuses on your background, career goals and interest in working as an IMF economist.

College Certificates: Collect certificates from your previous studies. If you are already a PhD student, please attach your current university certificate.

GRE and TOEFL/IELTS Scores: Enter your Graduate Grade Evaluation Test (GRE) and either Test of English as a Foreign Language (TOEFL) or International English Language Testing System (IELTS) scores.

Programs applying for a PhD: Provide graduate students with a copy of the application. Majored in macroeconomics at an overseas university.

Letters of recommendation: Get two letters of recommendation from people who can demonstrate your academic ability and potential. Go to website. Go to the official website (www.iie.org/jisp).

Locate the application: Locate the section or page associated with your scholarship application. It may be labeled “JISP Scholarship Application” or similar.

Create an account (if required): If this is your first time applying, you may need to create an account on the site. Enter the information required to set up your account.

Fill in the application form. Follow the prompts and enter the required data exactly. Please be sure to complete and fullfil the form in English.

Upload Required Documents: Attach the prepared documents to the online application form. Your website should have the ability or option to upload files. Make sure all documents are in the desired format (PDF, Word, etc.).

Proofreading and Verification: Please carefully check all information entered and uploaded documents for errors or omissions before submitting your application. Make sure everything that is required is correct and complete.

Submit your application: Once you have verified that your application is complete, submit your application through our online system.

Please make a note of the confirmation number or reference number provided at the time of submission.

Follow-up (Optional): If necessary, you can contact your scholarship provider or monitor your application status for updates and additional instructions.


Please note that the scholarship application deadline is December 30, 2023. Therefore, be sure to submit your request by this date. Good luck with your application!


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