Summer Intern 2023 - Economic Research - FS/IF/MA/RS - 23259
- Federal Reserve Board
- Washington. District of Columbia
- Sep 14, 2022
Job Description
DESCRIPTION/RESPONSIBILITIES:
The economic research internship program offers a number of summer research opportunities across each of our four economics divisions.
• Financial Stability (FS)
• International Finance (IF)
• Monetary Affairs (MA)
• Research & Statistics (R&S)
This program provides students with the opportunity to gain valuable research experience, network with peers in the field, and to work side-by-side with our economists and analysts in support of the Board’s important research and policy work. The program is designed to help students develop quantitative analysis, critical thinking, and writing skills through your summer experience.
Summer 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 2024 RA openings, given positive summer performance and aligned graduation timeframes.
Note:
• This posting is for multiple (20-25) economic research internships across the four divisions listed above. All internships will be 10-12 weeks.
• This internship may be completed remotely, or in a hybrid capacity on-site in Washington, D.C., at the discretion of the selected candidate & in collaboration with the hiring team.
• Learn more about the Board’s economists and their research at https://www.federalreserve.gov/econres.htm
• Learn more about our internship program at https://www.federalreserve.gov/careers-internships.htm
• Applications are accepted through October 30 and will be reviewed after the posting close date. Most interviews & offers will occur in November and early December.
REQUIRED SKILLS:
• Majors/Academic Programs: Pursuing a degree in economics, finance, or related field (e.g. statistics, computer science, mathematics, business).
• Skills/Knowledge: Previous research and statistical programming experience is a plus, but not required.
• U.S. citizenship required
• Current undergraduate or graduate student, graduating Fall 2023 or later
Application Instructions/Required Documents
No later than 10/30/2022, complete the following:
1. Upload resume, cover letter, and unofficial transcript to your profile before submitting your application.
2. Provide one (1) letter of recommendation - can be academic or professional
1. Attach to your applicant profile if you have a copy.
2. If your recommender would like their letter to remain confidential, they can send it to frbrecruiting@frb.gov and we will attach to your profile
The Federal Reserve System is the central bank of the United States. It performs five general functions to promote the effective operation of the U.S. economy and, more generally, the public interest. The Federal Reserve
- conducts the nation’s monetary policy to promote maximum employment, stable prices, and moderate long-term interest rates in the U.S. economy;
- promotes the stability of the financial system and seeks to minimize and contain systemic risks through active monitoring and engagement in the U.S. and abroad;
- promotes the safety and soundness of individual financial institutions and monitors their impact on the financial system as a whole;
- fosters payment and settlement system safety and efficiency through services to the banking industry and the U.S. government that facilitate U.S.-dollar transactions and payments; and
- promotes consumer protection and community development through consumer-focused supervision and examination, research and analysis of emerging consumer issues and trends, community economic development activities, and the administration of consumer laws and regulations.