Summer Academic Research Internship at Federal Reserve Bank; FRB Richmond, VA

Summer 2025 Academic Research Internship

Federal Reserve Bank of Richmond

The Research Department of the Federal Reserve Bank of Richmond is looking for highly motivated students in Economics, Mathematics, Statistics or related disciplines to assist research economists with policy‑oriented and academic research in a paid internship during the summer of 2025.

We are looking for candidates with diverse backgrounds, interests, and perspectives. Interns will learn through daily work interactions with economists and research associates, seminars, lectures, and RA‑led study groups.

Responsibilities for interns include literature reviews and writing computer code to analyze time‑series and panel data alongside a Research Associate (RA) who mentors them throughout the summer. Interns are invited to give a presentation at the end of their stay on an academic article they studied or the data they helped analyze. The intern and RA pool supports multiple economists with their academic research on wide‑ranging topics including general equilibrium macroeconomic models, time‑series econometrics, labor economics, financial economics, contract theory, public and health economics, industrial organization, and regional economics.

• Resume or CV
• Unofficial college transcripts
• Cover letter stating why you are a good match to the job, how you became interested in research, and how the intern experience will fit into your future careers

• Employee resource networks
• Flexible work options
• Onsite amenities

• Review the Bank’s Employee Code of Conduct to ensure compliance with conflict of interest rules and personal investment restrictions.
• Sponsorship is not available for this role.
• Hourly rate: $20.50 per hour.
• Disability accommodations are available.
• Compliance with safety protocols at other organizations if required.
• Selected candidate is subject to special background check procedures.

Federal Reserve Banks believe that diversity and inclusion among our employees is critical to our success and are committed to equal employment opportunity. All qualified applicants are encouraged to apply.