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Home » Japan-IMF Scholarship Program 2023 (Fully Funded)

Japan-IMF Scholarship Program 2023 (Fully Funded)


    Applications are currently invited from eligible and eminent candidates to apply for the Japan-IMF Scholarship Program for Asia (JISPA). The Japan-IMF Scholarship Program for Asia (JISPA) supports postgraduate studies in macroeconomics or related fields at leading universities in Japan.

    It provides educational opportunities to promising junior officials from central banks, ministries of finance and other economic actors in the Asia-Pacific region, with the aim of developing their capacity in economic policy-making to support sustainable growth and development in their countries and the region.

    Scholarship Sponsors: Japan-IMF

    Host institutions: See Partner Universities (below)

    Scholarship Worth: fully funded

    Number of awards: enough

    Level of education: Masters & PhD

    Nationality: International Students (ASEAN Countries)

    Also Apply: Queen’s University George Moore Scholarships in USA, Canada, UK (Fully Funded)

    DETAILS | Japan-IMF Scholarship Program

    The program was first introduced in 1993 and was funded by the Government of Japan and managed by the Regional Office for Asia and the Pacific (OAP) of the International Monetary Fund (IMF). More than 840 staff have graduated since its inception, and many graduates play a key role in policy-making in their countries.

    The program offers a collaborative track with tailored graduate programs at several partner universities and an open track with graduate programs, including doctoral degrees, at any university in Japan. About 30 new fellowships are awarded each year for the collaborative track and only a small number of fellows are selected for the open track. Detailed academic programs at each partner university can be found in the JISPA e-brochure.

    Eligibility criteria

    To be eligible for the Japan-IMF Scholarship Program for Asia (JISPA), applicants are expected to meet the following requirements:

    • Applicants must be international students
    • Applicants must be nationals of one of the following countries: Bangladesh, Bhutan, Cambodia, India, Indonesia, Kazakhstan, Kyrgyz Republic, Lao PDR, Malaysia, Maldives, Mongolia, Nepal, Pacific Island Countries, Papua New Guinea, Philippines, Sri Lanka, Tajikistan, Thailand, East Timor, Turkmenistan, Uzbekistan and Vietnam
    • Work for a key financial body such as the central bank, finance ministry, Treasury or financial regulator.
    • Degree
    • He speaks English fluently
    • In addition, for the open track, applicants are expected to be studying, accepted or applying to a graduate program in economics in Japan.
    • Applicant must present TOEFL or IELTS score report. Kindly enter the JISPA institution code as mentioned below when candidates participate in the test.

    Partnership of Universities


    Currently, four partner universities offer the following programs:

    Scholarship benefits

    Successful applicants for the Japan-IMF Scholarship Program will receive the following benefits:

    • Full university admission and tuition fees
    • Research allowance and monthly living allowance
    • medical insurance
    • Return Airfare and Travel Allowance
    • Orientation Program Tuition (Partnership Part Only)
    • Annual Excursion Fees (Partner Track Only)
    • Computer/Software allowance (Master’s program only)
    • Research-related fees, including field research and conference attendance fees (open track PhD program only).

    Selection Criteria

    Scholarships are awarded on the basis of the applicant’s academic and work background, mathematical and statistical skills, English language proficiency and potential to contribute 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. Regional balance and gender balance are also taken into account for the final selection

    See also: Swiss Government Excellence Scholarships 2023/2024 [Fully-Funded]

    Application Procedures

    How to apply: Interested and eligible applicants looking for the Japan-IMF Scholarship Program should apply online for this opportunity. Detailed academic programs at each partner university can be found at tthe JISPA e-brochure.

    The program will also examine officials working in other areas of government who have a significant impact on the formulation or implementation of macroeconomic policy.

    Application deadline: Not stated

    Visit the Official Website for more details