EIB Trainees – Secretariat General – Economic Department – based in Luxembourg

European Investment Bank (EIB)

20d ago

Applications are closed

Internship
Full-time
Placement Program
Research & Development
Banking & Finance
Berlin

Requirements

University education: having graduated with a Bachelor in economics or finance, and ideally a MSc in economics or finance, is a prerequisite. The candidate may be enrolled in a PhD programme in economics or finance.
Ability to work with statistical software, such as Stata, R or Python, is essential.
Good knowledge of economic theory, corporate finance or advanced statistical methods for the econometric analysis of macroeconomic, microeconomic or financial data is essential.
Previous experience with large datasets, including firm-level data (e.g. Bureau Van Dijk's Orbis or Enterprise Surveys data), is considered as an advantage.
Previous work experience or University studies focusing on the analysis of data on firm dynamics, public or private investment, investment finance, financial sector performance or corporate finance is considered as an advantage.
Analytical skills and ability to clearly communicate results are essential.
Excellent knowledge of written and spoken English. Knowledge of other EU languages would be an advantage.

Responsibilities

Under the supervision of a (senior) economist of the Economics Department, you will carry out work related to various projects, such as the development and management of macroeconomic, microeconomic and financial databases, economic analysis for the preparation of the EIB Investment Report and other reports of the Department, the EIB Investment Survey (EIBIS), the EIB municipality survey, the CESEE bank lending survey, the EIB Banking in Africa Survey, internal models for sovereign risk rating and bank industry risk ratings, and macroeconomic scenarios, among others.
Extract, develop, prepare and manage large datasets for econometric and statistical analysis.
Prepare basic descriptive statistics, charts, tables and short reports based on data analysis.
Co-operate with (senior) economists in developing econometric and statistical models for data analysis.
Co-operate and assist (senior) economists in exploring and interpreting the results from the econometric and statistical analysis, providing economic rationale and drawing policy conclusions.
Draft short literature reviews on topics that are relevant to the projects of the Economics Department.

FAQs

What is the duration of the traineeship?

The duration of the traineeship is 6 months, with a fixed start date of either 1st March or April 2025.

Who is eligible to apply for this traineeship?

Applications are open only to nationals of the Member States of the European Union and citizens from countries that have been officially granted candidate status to join the EU.

Can I apply under the Erasmus+ programme?

No, applications from students under the Erasmus+ programme cannot be considered.

How many applications can I submit?

You are requested to limit your applications to a maximum of three traineeship publications, as only the first three applications submitted will be considered.

What qualifications are required for this position?

Candidates must have graduated with a Bachelor in economics or finance, and ideally possess a Master's degree in economics or finance, or be enrolled in a PhD programme in economics or finance.

Is experience with statistical software necessary?

Yes, the ability to work with statistical software, such as Stata, R, or Python, is essential for this position.

What knowledge is considered essential for this traineeship?

Good knowledge of economic theory, corporate finance, and advanced statistical methods for econometric analysis of macroeconomic, microeconomic, or financial data is essential.

What are the main responsibilities of the trainees?

Trainees will manage large datasets, conduct econometric and statistical analysis, prepare descriptive statistics and reports, and assist senior economists in various projects.

What languages are required for this position?

Excellent knowledge of written and spoken English is required, and knowledge of other EU languages would be considered an advantage.

Will I receive support for specific needs during the recruitment process?

Yes, applicants with specific needs are encouraged to request reasonable accommodations at any stage of the recruitment process.

What is the application deadline for this traineeship?

The deadline for application is on the 27th November 2024.

Where can I find more information about the EIB Traineeship Programme?

More information can be found on the EIB website at https://www.eib.org/en/about/careers/categories/traineeship-and-graduate.htm.

European Investment Bank (EIB)

The EU Bank supports sustainable investment for people and the planet and works to improve lives.

Finance

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1958

Founded Year

Mission & Purpose

We provide finance and expertise for sustainable investment projects that contribute to EU policy objectives and make a strong impact on people’s lives in Europe and beyond. The EU's bank The EIB is the European Union's bank. We are the only bank owned by and representing the interests of the European Union Member States. We work closely with other EU institutions to implement EU policy. A major player As the largest multilateral borrower and lender by volume, we provide finance and expertise for sound and sustainable investment projects which contribute to furthering EU policy objectives. More than 90% of our activity is focused on Europe but we also implement the financial aspects of the EU's external and development policies. Lending, blending and advising Lending: The vast majority of our financing is through loans, but we also offer guarantees, microfinance, equity investment, etc. Blending: Our support helps us unlock financing from other sources, particularly from the EU budget. This is blended together to form the full financing package. Advising: Lack of finance is often only one barrier to investment. We can help with administrative and project management capacity which facilitates investment implementation.