The OPEC FUND Internship Program in Austria, Applications Open (2024)

Internships

March 17, 2023March 17, 2023 Grab A Scholarship

Are you the one who is seeking an internship abroad? Do you want to do an internship with an organization famed for quality, reliability, and career opportunities? If yes, then, it is time to get yourself prepared for a brilliant opportunity geared up for you. There are undoubtedly mammoth and colossal benefits to doing internships, as they develop you for a bright career ahead and get you fully prepared to slip into the field with dexterity and knowledge. In a capsule, there is now an internship offered by The OPEC Fund. Let’s now learn about the details of The OPEC FUND Internship Program designed and targeted to international students.

Information Regarding The OPEC FUND Internship Program

The internship program offered by the OPEC Fund enables students from diverse academic backgrounds to experience and witness work with a renowned international organization. This program will last between 3 to 6 months and has been designed to:

  • Provide a framework to support students who are assigned to any of the OPEC Fund departments so that the internship’s focus should remain on enriching the student’s experience.
  • Provide an immersive experience to the interns so that they obtain a practical experience of working for an international organization.
  • Provide the interns/students an opportunity to get to know the OPEC Fund’s mission, vision, and related values.

According to the needs of the departments and depending on the interns’ qualifications and interests, they (interns) will be assigned to different units/departments. The internship program of the OPEC Fund for International Development offers opportunities to put focus on one or more of the following:

  • Private sector and trade finance options
  • Public sector options
  • Financial operations
  • Grants
  • Risk management
  • Internal audit
  • Strategic planning and economic services
  • Administration
  • Human resources
  • Communication
  • Information technology
  • Legal services

Check:

Brief Description Regarding the OPEC Fund Internships

Let’s now check out the details in a brief manner.

Country: Austria

Organization: The OPEC Fund for International Development

Available Program: Internships

Deadline: 23rd March 2023

Work Assignments for Interns

Interns will be assigned work assignments which may include:

  • Writing documents
  • Conducting research
  • Assisting employees with their day-to-day work
  • Organizing information

Eligibility Criteria for Internship Program at the OPEC Fund

If you are interested in applying for this program, you need to be between the age group of 19 to 25 years and enrolled in an undergraduate program (having completed a minimum of 2 years) or graduate program. As an alternative, you could be a recent graduate, having graduated a maximum of 1 year prior to the deadline for application.

Interested applicants have to be:

  • Fully conversant (computer literate) with standard software applications such as Microsoft Office.
  • Proficient in the English language. If you possess knowledge of an additional language such as Spanish, French, or Arabic, it will be considered an asset.
  • Able to demonstrate cultural awareness.
  • Massively interested in the working of the OPEC Fund.
  • Able to show the OPEC Fund’s core values like empowerment, excellence, integrity, community, and innovation.

You Might Be Interested in These Scholarships:

  • Multiple PhD Internship Scholarships Offered By The University of Adelaide
  • International Master’s Research Scholarships at University of Otago

Special Note

Those candidates who get successful in obtaining the internship will need to present a valid health or medical insurance policy for Austria or they should present a similar certificate showing/proving that the interns will be fully covered from a medical perspective for the entire duration of the internship program.

Only those candidates will be communicated who are shortlisted because of a large volume of applications received by the OPEC Fund.

Deadline for Applications Submission

The last date to apply or submit the applications for this opportunity is 23rd March 2023.

How to Apply for The OPEC Fund Internship Program

If you have developed an interest in applying for this internship opportunity, you need to visit the official call for internships to learn all details and application process very carefully.

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The OPEC FUND Internship Program in Austria, Applications Open (2024)

FAQs

The OPEC FUND Internship Program in Austria, Applications Open? ›

Applications are open for the OPEC Fund Internship Program 2024 in Austria. The OPEC Fund Internship program is one of the best internship opportunities for students worldwide. This international internship program caters to students from different academic backgrounds and disciplines.

What is the OPEC internship program 2024? ›

The OPEC Fund Internship Program 2024 is a unique opportunity for students and recent graduates to gain firsthand experience in an international organization. Here's what you need to know: Key Benefits: Practical experience across various departments like finance, risk management, and more.

How to get an internship in Austria? ›

Visa and Residence Permit Requirements: Non-EU citizens generally need a visa for internships in Austria. This includes obtaining a Visa for Gainful Employment for stays up to six months or a Residence Permit for Special Cases of Gainful Employment for longer stays​​.

What countries are eligible for OPEC Fund? ›

The OPEC Fund for International Development is a multilateral development finance institution established in 1976. Its 12 Member Countries are: Algeria, Ecuador, Gabon, Indonesia, IR Iran, Iraq, Kuwait, Libya, Nigeria, Saudi Arabia, the United Arab Emirates and Venezuela.

How long will the internship last? ›

Internships vary in length based on the season, industry, and employer, but generally, most internships last about eight to 10 weeks. No one internship length is best or necessary — it all depends on what you get out of the internship and if it matches your personal resources and professional goals.

How long is the internship year? ›

An internship is a job training program usually completed within 10 to 12 weeks or during an academic semester. However, their duration varies from a few weeks to an entire year.

What is the difference between OPEC and OPEC Fund? ›

Founded in 1976 by the member states of the Organization of the Petroleum Exporting Countries (OPEC), the OPEC Fund is a separate institution with a distinct mandate, focused purely on international development.

Which country is not a member of OPEC? ›

Detailed Solution. The correct answer is Kenya. Kenya is NOT a member of OPEC.

How to become a member of OPEC? ›

The Statute stipulates that “any country with a substantial net export of crude petroleum, which has fundamentally similar interests to those of Member Countries, may become a Full Member of the Organization, if accepted by a majority of three-fourths of Full Members, including the concurring votes of all Founder ...

How qualified do you have to be for an internship? ›

Internship requirements vary, depending on the type of organization and industry. But all interns need a well-written resume, transcripts, and letters of recommendation prepared with their application. Employers may have additional requirements, such as a specific major or writing samples.

Is it hard to get into UN internship? ›

How many applications are received and how many interns get accepted each session? I'm told there is over 3,000 applications for each session of which around 250 are accepted at different stages of each session. So success rate is below 10%.

What happens at OPEC meetings? ›

The OPEC meeting is a twice-yearly session in which the organisation sets oil production quotas for each of its 13 member countries. These quotas are important because they affect the global supply of oil and, in turn, its price.

What is OPEC for students? ›

Lesson Summary

The Organization of Petroleum Exporting Countries is an intergovernmental organization whose members are major exporters of oil. OPEC operates as a cartel by attempting to control the price of oil through its members coordinating on prices and supply.

What does OPEC mean? ›

The Organization of the Petroleum Exporting Countries (OPEC) is a permanent, intergovernmental Organization, created at the Baghdad Conference on September 10–14, 1960, by Iran, Iraq, Kuwait, Saudi Arabia and Venezuela.

What is OPEC seminar? ›

The OPEC International Seminar is regarded as one of the premier events in the energy industry. It fosters dialogue and cooperation among industry stakeholders by facilitating open and candid discussions on topical issues affecting the petroleum and energy sectors.

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