Pros
Compared to the employers an economics graduate would be looking at for competition, the Fund offers a much more collegial environment with respect for a work life balance. The RAP in particular presents a great opportunity as it allows you to do research work and learn firsthand what it means. The staff are also very supportive of goals after the Fund, as they understand that the term is limited and that the aim of the program is moving on to bigger and better things. The name recognition of the IMF carries forward very well. Relative to comparable positions in DC the compensation and benefits are above average. We have access to a myriad of classes, seminars, and conferences very few people have access to. Working hard feels good because what we do matters and makes front pages. With effort, your name can even be on the publications as an author.
Cons
Highly seasonal workload that may have you work 60 or 70 hours in a peak week. However, that happens everywhere and it is averaged with lower intensity weeks over the long run. This is not the position (RAP) if you want a long term career off the bat. This program is great for those who want to garner experience and a reputation in macroeconomics for 2 years before moving on to graduate school or another job. No tuition reimbursement or scholarship programs for outstanding performers.