Why International Finance Corporation: Interviews, Careers, & Portfolio

International Finance Corporation Overview

The International Finance Corporation (IFC), part of the World Bank Group, is the biggest global institution dedicated to supporting private sector development in developing countries. Established in 1956 and headquartered in Washington, DC, IFC is owned by 186 member countries that collectively shape its policies.

IFC aims to improve lives in developing regions by investing in private sector growth, linking economic development with humanitarian needs.

It offers a range of financial products, including loans, equity investments, trade and commodity finance, and derivatives. These services help companies manage risks and gain broader access to international and domestic capital markets.

IFC also provides advisory services and asset management tailored to meet the particular needs of its clients.

International Finance Corporation AUM

In FY23, IFC managed an investment portfolio valued at $70.1 billion for its own account, reflecting its global investments across developing countries.

International Finance Corporation Interview Process & Questions

Although interview processes can vary from firm to firm, if you’re interviewing at the International Finance Corporation (or a similar organization), you can generally expect the following: around 4 to 6 interview rounds, with initial stages typically led by junior investment professionals or the HR team, while later stages involve more senior staff.

The entire process often spans several weeks, unless it’s part of “on-cycle” or “on-campus” recruiting.

Interviews at the International Finance Corporation typically cover a mix of fit, behavioral, and technical/investment-related questions.

If you’re looking for help with interview preparation, my Growth Equity Interview Guide could be a useful resource.

Why International Finance Corporation

One of the most common and important interview questions you’ll encounter is, “Why this firm?”

If you’ve had the chance to network, this is a perfect time to mention those you’ve connected with at the firm and the positive impact they’ve had on your impression of the firm you’re applying to.

It’s also essential to research the firm before your interview. One great way to get insights is by listening to interviews with the firm’s founders, investors, or key personnels.

For example, here’s Jumoke Jagun-Dokunmu, Regional Director for Eastern Africa, sharing her story of her journey at IFC:

International Finance Corporation Case Study

Interviewees are frequently tasked with a case study during the interview process, as it allows firms to evaluate both technical expertise and communication skills.

At firms like International Finance Corporation, case studies typically center around financial modeling and making investment recommendations. For junior roles, you may also encounter a cold calling case study.

If you’re looking for guidance on case study preparation, take a look at our Growth Equity Interview Guide.

International Finance Corporation Salary & Compensation

According to Glassdoor, the median total pay for Analysts and Associates working at International Finance Corporation are $132K and $225K per year, respectively. Factors such as experience, education, and skills will affect the salary.

Analyst

Associate

International Finance Corporation Careers, Jobs, & Internships

To view open roles at International Finance Corporation, check out our job board which features all open roles for them and other similar firms.

International Finance Corporation Portfolio & Investments

According to Crunchbase, International Finance Corporation has made 532 investments across 18 funds. Some of their notable deals include Malaysia’s Data Center, iBus Networks & Infrastructure, and Afya.

Notable Transaction: Central Pattana

On September 24, 2024, IFC announced its investment in a sustainability-linked bond (SLB) issued by Central Pattana Public Company Limited (CPN), one of Thailand’s leading retail property developers. IFC is investing 3.48 billion Thai baht (approximately $100 million) in the 8 billion Thai baht bond.

The proceeds from this bond will fund initiatives to reduce greenhouse gas emissions and help Central Pattana achieve its green building targets. Central Pattana has committed to reducing absolute emissions by over 40% by 2031 compared to a 2019 benchmark.

In addition to financing, IFC will support the company in accelerating its sustainability efforts by providing advisory services on improving sustainability performance, implementing IFC’s EDGE building certification, and refining its decarbonization strategy.

This collaboration aims to help Central Pattana green 20% of its property assets by 2030, representing 6.7% of Thailand’s retail property market.

Next Steps

If you’re aspiring to join the International Finance Corporation as a professional investor, I highly recommend checking out my Growth Equity Interview Guide.

This self-paced course helps professionals improve their chances of securing a role in growth equity by covering essential interview topics, including case studies, financial modeling, and more.

Start your interview preparation today!