The FMS Fellowship is for those have completed the FMS training and are seeking to make career transitions and embark on rewarding professional and personal experiences.
I’ve loved learning about the startup environment, the issues startups face, the time and resource constraints. It’s not like the corporate world where you have departments doing the work for you—you have to be resourceful, you do not have the luxury of time to research the best approach, you’ve got to just get in there and figure it out.
- Albert Wong, Frontier Market Scouts Fellow at One Degree Solar
FMS matches fellows with paid positions at social start-ups and impact investment funds so that both the young professionals and the enterprises can benefit from the experience.
Join a network of 300+ driven collaborators who share your passion and dedication for solving today’s most challenging social problems through social enterprise and impact investment.
The FMS Fellowship begins with an online webinar to welcome admitted fellows to the program and to provide an overview of what to expect during the placement process.
Topics covered during this webinar include the following:
- Understanding the matching process
- Developing a personal pitch and prepping for one-to-one consultations
- Tips on interviewing and following up with employers
Successful candidates must have the following:
- The ability to clearly communicate practical skills alignment and genuine passion for market-based solutions to poverty alleviation
- Excellent communications and interpersonal skills
- Flexibility and openness to learning quickly without direct supervision
- Past experience living and working in an emerging market or capital weak region
- Expertise in at least one of the following areas is desirable: financial modeling, branding and communications, logistics and supply chain management.
Placement Process (2-4 months)
The placement process is at the center of the fellowship learning experience. It can be a nerve-wracking time for candidates, but the key to success is preparation and the ability to stay focused on your goals, build relationships, and maintain an adventurous mindset that accepts ambiguity with a positive attitude.
The placement process includes three main phases:
Applicant Review and Initial Fellowship Alignment
- Qualified candidates interview with a member of the FMS team for a final screening phone call before acceptance.
- After acceptance to the program, FMS fellowship candidates review and rank top five preferences from available position listings. Matching should be linked directly to specific career goals and appropriately aligned practical skills.
- Fellowship candidates develop a personal pitch for FMS hiring partners.
- The FMS team recommends each fellow to top five match preferences, based on experience, skills, and career goals.
- Partners receive the list of recommended candidates at which point partners short-list which fellows they would like to interview.
- The FMS team introduces selected fellows to placement partners.
- Once introductions are made it is up to the placement partner and fellows to arrange a time for an interview.
- Fellows are guaranteed at least 3 interviews with prospective employers.
- Jobs are offered at the partner’s discretion.
- Once an offer is made fellows and employers must sign a copy of the agreed upon job description and submit to the FMS team.
Field Assignments (U.S. and Global Locations, 2-12 months)
Following training, fellows embark on field assignments with social enterprises and impact investment foundations in the United States and abroad. While on assignment, fellows provide due diligence for investors and technical assistance for entrepreneurs to discover innovations, improve business processes, attract investments and promote sustainable business models. U.S.-based fellowships are not available to non-U.S. citizens.
Career Support and Peer Mentoring
Global Impact Chats (Webinars)
n the field FMS fellows will have the opportunity to participate in a series of Global Impact Chat webinars with other fellows and mentors to share experiences, lessons-learned and innovative strategies to maximize impact and cultivate resilience while on assignment. Topics will also cover job search tips and strategies for fellows transitioning out of their placements.
As fellows transition out of the field they will have the opportunity to participate in a reflection interview with a member of the FMS team. Interviews provide fellows with the opportunity to reflect on their key achievements and lessons learned; to provide the FMS team with any critical feedback about their placement or training; and indicate what kinds of career support FMS can provide moving forward.