Japan IMF Scholarship Program for Asian (JISPA) 2023

Scholarship Description:

Japan IMF Scholarship Program for Asian (JISPA) 2023 is open for Asian Students . The scholarship allows Masters, PhD level program(s) in the field of Economics, Public Policy taught at Japan Universities, University of Tokyo, International University of Japan, Hitotsubashi University, National Graduate Institute for Policy Studies . The deadline of the scholarship is expired at 01 Jun 2023.

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.

Degree Level:

Japan IMF Scholarship Program for Asian (JISPA) 2023 is available to undertake Masters, PhD level programs at Japan Universities, University of Tokyo, International University of Japan, Hitotsubashi University, National Graduate Institute for Policy Studies.

Available Subjects:

Following subject are available to study under this scholarship program.

• Economics
• Public Policy

Scholarship Benefits:

The scholarship covers tuition-related costs and most living expenses for the scholar herself/himself.[1] 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)

No expenses incurred by accompanying family members of the scholar are covered. No other scholarship can be accepted by JISPA scholars.

Eligible Nationalities:

To be eligible for the scholarship, an applicant must meet the following criteria[1]:

1. 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
2. Working for a key economic agency such as central bank, ministry of economy, ministry of finance, or financial regulatory agency[2]
3. A Bachelor’s degree
4. Fluent in English[3]

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.

Eligibility 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 Procedure:

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