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Japan-IMF 2023 Scholarship Program for International Students

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 840 officials have graduated since its inception, and many alumni play a key role in policymaking in their countries.

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About International Monetary Fund (IMF)

The International Monetary Fund, or IMF, promotes international financial stability and monetary cooperation. It also facilitates international trade, promotes employment and sustainable economic growth, and helps to reduce global poverty. The IMF is governed by and accountable to its 189 member countries. The IMF was conceived in July 1944 at the United Nations Bretton Woods Conference in New Hampshire, United States. The 44 countries in attendance sought to build a framework for international economic cooperation and avoid repeating the competitive currency devaluations that con... read more


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Japan-IMF Scholarship Program


Aim and Benefits of Japan-IMF Scholarship Program

The scholarship covers tuition-related costs and most living expenses for the scholar herself/himself. Benefits include:

  1. Full university admission and tuition fees
  2. Reserach related allowance and monthly living allowance
  3. Medical insurance
  4. A round-trip airfare and travel allowance
  5. Orientation Program tuition fees (partnership track only)
  6. Annual field trip fees (partnership track only)
  7. Computer/software allowance (master's program only)
  8. Research related fees, including field research and conference attendance fees (open-track PhD program only)

Requirements for Japan-IMF Scholarship Program Qualification

  • Applicants must be international students
  • Applicants must be a national of one of the following countries: Bangladesh, Bhutan, Cambodia, India, Indonesia, Kazakhstan, Kyrgyz Republic, Lao P.D.R., Malaysia, Maldives, Mongolia, Nepal, Pacific Island Countries, Papua New Guinea, Philippines, Sri Lanka, Tajikistan, Thailand, Timor-Leste, Turkmenistan, Uzbekistan, and Vietnam
  • Working for a key economic agency such as central bank, ministry of economy, ministry of finance, or financial regulatory agency.
  • A Bachelor’s degree
  • Fluent in English
  • 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.
  • An applicant must present either a TOEFL or IELTS score report. Kindly register the JISPA institution code as listed below when applicants take the test.

Checkout: How To Write A Scholarship Essay - Scholarship Essay Examples

Interview date, Process and Venue for Japan-IMF Scholarship Program

Selection Criteria

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 countries. The assessment also includes qualities such as the candidate’s commitment to public service, willingness to learn, and openness to new ideas. For the final selection, regional balance and gender balance are also taken into consideration.


Application Deadline

Not Specified


How to Apply

For more details,visit IMF website


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