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Fellowships are no longer just for graduate students or PhDs. There is a growing roster of merit-based professional fellowship opportunities that provide entry into a first job or career change, fund international work experiences, cultivate emerging leaders and changemakers, and support self-designed projects and social enterprises.

These opportunities are funded by a wide range of organizations including foundations, nonprofit organizations, government agencies, universities, media, and corporations. So what are these opportunities exactly? I define them as a short-term, competitive, paid opportunity to do something exceptional.

Time commitment

The time commitment typically ranges from a few weeks up to two years; most of these opportunities are between three months to one year in length and are full-time gigs. There are also summer opportunities of two to three months for enrolled or graduating students seeking to gain professional skills during the summer.

A competitive application process

Application deadlines may be typically 6 months to a year before the fellowship begins, so it is good to begin your search early. These opportunities are merit-based and have a competitive application process. Similar to a graduate school application, these applications typically require a personal essay, two to three recommendation letters, a resume, transcripts, and other items.

Opportunities that fund a self-designed project also require a project proposal. Although application formats vary, they almost always require a written application and professional references. If you’re selected as a finalist, you’ll also be invited to participate in an individual or group interview (yep, it’s intense).

The funding

Most opportunities are paid, providing financial support in the form of a stipend, salary, or grant. Sometimes these opportunities include other benefits like health insurance, travel or relocation grants, funding for dependents, discretionary funding for language classes, or housing.

Note that some opportunities are not funded—they are either unpaid or tuition-based. The lack of funding does not mean it’s a subpar program, but in these cases, you will have to make a financial investment like you would with graduate study or unpaid internships, so that is something to carefully consider.

3 reasons why fellowships are exceptional

Fellowships often provide you the resources, support and professional networks to pursue goals that you might not otherwise be able to achieve in a typical job or internship. Because of this, certain opportunities can be more competitive than some top graduate programs. The title of “Fellow” alone indicates a position of prestige. Here are some of the major advantages of pursuing these competitive opportunities:

1. They expose you to invaluable professional networks

Professional fellowships exist for the specific purpose of introducing a new generation of professionals to established leaders in their fields. Often, they include trainings, mentorships, and other networking opportunities to connect fellows with executives, speakers, and mentors, many of whom are alumni themselves.

For example, when I was a Herbert Scoville Jr. Peace Fellow in Washington, DC in 2005, I was able to have coffee with the Presidents and Executive Directors of some of the leading DC think tanks in peace and security policy. I could ask them questions about their varied career experiences in government, public policy and academia, and get insights on how to pursue a PhD or work in the foreign service. Through these important personal connections, fellows are able to cultivate relationships that can lead to a new job, graduate school reference or long-term mentor.

Also, many professional programs fund a group of fellows each year. If you are part of a cohort, you’ll be engaging with other fellows through professional training, seminars, education, travel, or a group project during the work period. The advantages to being in a cohort of fellows is the opportunity to build a professional network of peers and a social circle for non-work activities. This is particularly valuable if you have relocated for your fellowship and are in a new city or country with no established network.

2. They engage you in challenging, varied and interesting work

Some fellowships are structured to provide fellows exposure to a specific type of work or provide an opportunity to pursue a self-designed project. I applied to the New York City Urban Fellows Program when I was a senior in college because I was drawn to its model of placing recent college graduates in a full-time work placement in one of 20 New York City government agencies. The Urban Fellows program was not like a typical entry-level job; the placements are designed for young leaders and they challenge fellows to meet high expectations.

I worked as an Urban Fellow for the New York City Office of Emergency Management during the 9/11 recovery operation. My responsibilities ranged from serving as City Manager for a Disaster Assistance Center, to preparing after-action reports for city-wide disaster exercises, to meeting with non-profit program managers to identify partnership opportunities. The expectations of participants were well beyond what was typically expected of a recent graduate with no prior work experience, but this was exactly what made the experience so valuable for my professional development.

3. They can fund work and travel abroad

There are many opportunities to fund a work experience in a foreign country. After an incredible study abroad experience in college, you might be itching to live abroad again as a professional. However, you’ll quickly find how difficult it can be to secure a work or volunteer position abroad, let alone the financing to support relocation, living expenses, and insurance. International opportunities typically provide all the resources you need for your experience abroad, including a professional placement, a monthly stipend, a visa, insurance, roundtrip airfare and logistical support throughout your experience. Some also support language training and in-country travel. Some examples include the Alfa Fellowship in Russia, the Robert Bosch Foundation Fellowship in Germany, and the Luce Scholars program in Asia.

Ready to find your dream opportunity?

The opportunities mentioned above are just a few examples of the hundreds of professional fellowships that are short-term, competitive and funded. It can be difficult to identify these opportunities individually, but through ProFellow’s database, you can discover fantastic opportunities and filter by discipline, location and other characteristics, and bookmark those of interest.

About the Author | Vicki Johnson is a four-time fellow and the Founder of ProFellow.com, the leading online platform for information on professional and academic opportunities.

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