Summer Intern, Economic Research - FS​/MA​/R&S

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Currently enrolled in an undergraduate or graduate degree program at an accredited university and returning to continue studies after the internship.

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The Federal Reserve Board (Board) provides students opportunities for career success. The Board’s Internship program is designed to provide valuable work experience for undergraduate and graduate students considering careers including, but not limited to, economics, finance and accounting, information systems, and data analysis. The Board believes that by combining academic endeavors with project-related work experience, qualified and capable college students can gain the practical knowledge need in a competitive global job market.

Internships are paid positions with salaries commensurate with credit hours; internships may be in-person, remote or hybrid, depending on the needs of the team. Employment in the Board’s internship program is granted to U.S. citizens. Applicants must be currently enrolled in an undergraduate or graduate degree program at an accredited university and returning to continue studies after the internship. Interns receive a syllabus or research project plan outlining their projects and goals for the internship.

Interns are assigned a supervisor or mentor to guide them through their internship, and regular check-in meetings with their manager to manage performance expectations and assist with learning goals. Interns have access to a wide range of training programs and events for professional development purposes.

Our economic research internship program offers numerous summer research project opportunities across a wide array of teams within each of the four divisions that make up our economics community.

• Financial Stability (FS)
• International Finance (IF)
• Monetary Affairs (MA)
• Research & Statistics (R&S)

This summer program provides you with the opportunity to gain valuable research experience, network with peers in the field,and work alongside our economists and analysts in support of the Board’s important work in economic research, monetary policy, and financial stability. Our research internship is designed to help you develop quantitative analysis, critical thinking, and writing skills through yoursummer experience. Projects cover a broad range of topics including, but not limited to:

• Gathering/analyzing large data sets
• Programming economic models
• Historical analysis
• Economic forecasting
• Analyzing current policy issues

These internships are ideal for students looking to build their research acumen, who have an interest in graduate school,or who are considering the Board’s Research Assistant (RA) program after graduation. Economic interns are given priority consideration for 2027 RA openings, given positive summer performance and aligned graduation timeframe.

• Applying enters you into consideration for approximately 15+ economic research internships available across the four divisions listed above. More information on specific projects and the matching process will be provided to those selected to interview.
• Allinternships will be 10-12 weeks, on-site at our offices in Washington, D.C.
• Visit these helpful links to learn more about:
• our internship program
• the work of the Board and our economics divisions
• our economists and their research

Majors/Academic Programs: pursuing a degree (undergraduate or graduate) in economics, finance, or related field (e.g. statistics, computer science,mathematics, business).

Skills/Knowledge: previous research and statistical programming (Stata, R, Python, Matlab, SAS, machine learning,…