Application deadline: June 1, 2023

The Japan – IMF Scholarship Program for Asia (JISPA) is an initiative for junior government officials from key economic agencies in Asia and the Pacific who wish to pursue graduate-level economics degrees at Japanese universities. This aims to contribute to institutional capacity building in the region. JISPA graduates are expected to serve as future macroeconomic policy makers to contribute to the economic development of their countries.

The JISPA comprises of two tracks: (1) partnership-track, where scholarship recipients pursue a master’s degree at one of several IMF partner universities; and (2) open-track, where they can choose their own universities to study either at a master’s level or a PhD course.

The scholarship recipients are offered opportunities to join various JISPA exclusive events and IMF-related activities, including seminars and conferences, receptions and round-table discussions with Japanese officials and IMF economists.

Partnership Track
The JISPA partnership track allows scholars to study specially designed master’s courses in macroeconomics at one of the few IMF partnership universities. Currently four partnership universities offer the following programs:

National Graduate Institute for Policy Studies (GRIPS)
Macroeconomic Policy Programs (Master of Public Policy or Master of Public Economics – one-year program; and Master of Arts in Public Economics – two-year program)
Hitotsubashi University (HIT)
Asian Public Policy Program [Master of Public Policy (Public Economics) – two-year program]
International University of Japan (IUJ)
Macroeconomic Policy Program (Master of Arts in Economics – two-year program)
The University of Tokyo (UTokyo)
Master of Public Policy, International Program (Master of Public Policy – two-year program)
Detailed academic programs at each partner university can be found in the JISPA e-brochure.

Open Track
The open track provides support for graduate studies in macroeconomics or a related field at either the master’s or PhD level at any leading university in Japan. Priority is given to PhD candidates.

The scholarship covers tuition-related costs and most living expenses for the scholar herself/himself.[1] Benefits include:
Full university admission and tuition fees
Reserach related allowance and monthly living allowance
Medical insurance
A round-trip airfare and travel allowance
Orientation Program tuition fees (partnership track only)
Annual field trip fees (partnership track only)
Computer/software allowance (master’s program only)
Research related fees, including field research and conference attendance fees (open-track PhD program only)

source : IMF