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Home > About GDB > Principal Subsidiaries > Josť M. Berrocal Institute for Economics and Finance

José M. Berrocal Institute for Economics and Finance

Josť M. Berrocal Institute for Economics and Finance

The José M. Berrocal Institute for Economics and Finance (the Berrocal Institute) is a GDB subsidiary created on September 25, 2002 by resolution of the Bank’s Board of Directors. The Berrocal Institute’s key purpose is to recruit young talent to work in the public sector and to help train new government employees by providing them with theoretical knowledge and practical experience in public financing and economic related fields.

The Berrocal Institute endorses scientific research and professional development in the fields of finance, accounting, economy and public administration through two fundamental initiatives: the Grants Program, and the Summer Internship Program.

The Berrocal Institute was created to complement the Bank's mission of promoting economic development by providing specialized training on the theory and practice of public finances and economics to talented young professionals in order to attract them to join the public service.

Contact Information

Julitza Arroyo

Tel (787) 722- 2525 x-15564

Fax (787) 722-3753

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About the Berrocal Institute and its Summer Internship Program

This presentation features the Berrocal Institute’s historic background and mission, as well as the objectives, structure, and requirements of its Summer Internship Program.


To read an informative brochure summarizing several aspects of the Internship Program, click here.

ORIENTATION SCHEDULE (in Spanish) - available HERE

To Apply for the Internship Program:

1. Complete the online application available HERE and submit it on or before March 31, 2016 at 12pm (EST).
2. As part of the online application, you will be asked to complete a short essay (500-word limit) explaining what you know about the government of Puerto Rico and its role in the economic development of the island, why you are the ideal candidate for the Program, why you are interested in public service and in which of the participating agencies you would like to work during the summer.
3. Upload and submit your résumé via the online application platform.
4. Scan and upload your transcript of approved courses via the online platform.
5. Upload and submit two letters of reference; at least one must be from one of your professors in your university. The second may be professional, extracurricular or academic.

If selected for interview, you will be called at the phone number listed on your application to coordinate the interview at your school (if studying in Puerto Rico) or on the phone (if studying abroad). If accepted into the internship program you will be required to complete the following:

  • Request your institution to mail directly to the Evaluating Committee an official copy of your transcript of approved courses to: PO Box 42001 San Juan, PR 00940-2001
  • Provide a Certificate of no Penal Record (Click HERE - Certificate of no Penal Record online service)
  • Provide driver's license or passport
  • Provide social security card
  • Undergo screening test for controlled substances, the cost associated with this test is covered by the José M. Berrocal Institute for Economics and Finance.

We will be accepting applications for the Internship Program from February 8 to March 31, 2016. Applicants will be notified of the decision on admission via email on April 8, 2016. The 2016 Summer Internship Program will begin on June 1, 2016.

To contact the Institute's officers, you may write to: [email protected]

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