How to break into MDBs? Considering banking, IOs, or research
Hello :) My long term goal is working at an MDB in the next 7-10 years. Looking for honest advice on how to get there (for the record I am 23yo). What environments, employers, and experiences should I target?
Background: BSc in social sciences/public policy, two MA degrees (development studies + economics, one UK and one top EU school). Internships across diplomacy, NGOs, private sector, and most recently a major commercial bank.
I am very confused on what would be the most coherent way to reach an MDB. I'm considering an internship at EBRD or EIB, perhaps more straightforward given my geographical proximity, though I am pretty much open to others such as ADB (and WB ofc).
Yet people within MDBs and the development finance sphere have recommended going somewhere else first to build more solid experience, and then trying to move into MDBs, as internships may open some doors but leave much uncertainty and make it hard to actually break through and climb the ladder.
So, what experience would you suggest?
Would experience in banking help? Like IB? Working at a commercial bank for a couple of years, for example? I see this as a possible path since MDBs are banks at their core, but would my non-linear background actually make it feasible to move into Finance?
Are IOs like the OECD a better stepping stone? Perhaps more feasible and better aligned with my profile, but would this actually give a credible background for MDBs?
Or should I instead stay in research and consider pursuing a PhD? Maybe working at think tanks or research institutes?
Thanks so much for reading :)