Summer 2027 Academic Research Internship

Federal Reserve Bank of New York; Richmond (VA); On-site; USD 27,000 - 38,000; Full time

Job summary

Federal Reserve Bank of Richmond is seeking motivated students in Economics, Mathematics, or Statistics for a paid summer internship in 2027. You will assist research economists with policy-oriented and academic research under supervision, including literature reviews and data analysis.

Interns will learn through seminars and RA-led study groups, with opportunities to present their work at the end of the program. Onsite presence is required and sponsorship is not offered.

Qualifications

• Candidates are undergraduate or graduate students in Economics, Mathematics, Statistics or related disciplines.
• Onsite presence required.
• Sponsorship is not available.
• Hourly rate is $23.50/hour.
• Selected candidate is subject to special background check procedures.

Responsibilities

• Literature reviews and coding to analyze time-series and panel data with RA mentorship.
• Interns are invited to present a study at the end of their stay.
• Intern pool supports economists on topics including macroeconomics, econometrics, labor economics, and regional economics.

Skills

Literature reviews

Time-series analysis

Panel data analysis

Coding

Education

Economics

Mathematics

Statistics

Job description

Company Federal Reserve Bank of Richmond When you join the Federal Reserve—the nation's central bank—you’ll play a key role, collaborating with a dynamic team of mission-driven professionals to strengthen and protect our economy and our communities. Bring your passion and expertise, and we’ll provide the opportunities that will challenge you and propel your growth—along with a wide range of benefits and perks that support your health, wealth, and life.

About the Opportunity

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 2027. We are looking for candidates with diverse backgrounds, interests, and perspectives. We provide interns with many opportunities to learn in their daily work interactions with economists and RAs, as well as through seminars, lectures, and RA-led study groups. We provide a friendly and academically-oriented environment where interns can learn about academic research careers and the Fed. Visit us online for more information about the Research Department and the RA program.

What You Will Do

• 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.

Other Requirements and Considerations

• Candidates should 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.
• Onsite presence required.
• The hourly rate for summer interns is $23.50/hour.

If you need assistance or an accommodation due to a disability, please notify [e-mail].

Employees who work at and/or visit another Federal Reserve entity or outside business as part of their job duties are required to comply with any onsite safety and health protocols of those organizations (including, but not limited to, requirements to vaccinate or test, mask, social distance, etc.).

Selected candidate is subject to special background check procedures.

The Federal Reserve Bank of Richmond provides equal opportunity to all individuals without regard to race, sex, color, religion, gender identity or expression, sexual orientation, national origin, age, disability, or genetic information.

Full Time / Part Time Full time Regular / Temporary Temporary Job Exempt (Yes / No) No Job Category Internship Family Group Work Shift First (United States of America)

Federal Reserve Banks are committed to equal employment opportunity for employees and job applicants in compliance with applicable law and to an environment where employees are valued for their differences.

Why Our People Choose Us

• Our reputation precedes us
• There will always be room for personal growth
• Our people are first
• You’ll find the right balance
• Your responsibilities will be meaningful
• We hope that you will be our future colleague.