Undergraduate Intern - Research Focus

Federal Reserve Bank of Minneapolis; Minneapolis (MN); On-site; USD 26,000 - 37,000; Full time

Job summary

Federal Reserve Bank of Minneapolis is offering a 12-week summer internship for undergraduate students from May 24, 2027 to August 13, 2027. Interns will be matched with departments, work 40 hours per week, and earn $23.00 per hour with regular on-site presence required. Applications open November 1, 2026 and close January 3, 2027.

Ideal candidates are pursuing a post-secondary degree, with strong written and verbal communication, and familiarity with MS Office. Some positions may require U.S.

Qualifications

• Currently pursuing a post-secondary degree and must be enrolled when applying.
• Open to students graduating December 2026 or later.
• Excellent oral and written communication skills are required.
• Effective interpersonal communication and collaboration are essential.
• Some positions require U.S. citizenship.

Responsibilities

• Research options to guide financial education efforts.
• Process and clean datasets for analysis.
• Support survey and engagement research, including work with Native Nations.
• Conduct SIPP wealth and debt data analysis.
• Create communications materials and newsletters.
• Assist with housing affordability research and quantitative projects.

Skills

Oral communication

Written communication

Interpersonal skills

Core values alignment

U.S. citizenship

Education

Currently pursuing post-secondary degree

Tools

Microsoft Office

Job description

Company

Federal Reserve Bank of Minneapolis

Be a part of our 2027 summer intern cohort! We are currently accepting applications from undergraduate college students who are interested in learning more about the nation's central banking system while contributing in real ways to our work. As an intern, you'll be matched with a department that can leverage your skills and experience, and you'll perform work that helps teams meet their goals-ultimately supporting the organization's mission. You'll also have opportunities to participate in workshops designed for our intern cohort, build your professional network, and gain exposure to a wide variety of careers.

This internship runs for 12 weeks from May 24, 2027, to August 13, 2027 . Interns work 40 hours/week and are paid $23.00/hour . This position requires a regular on-site presence.

Applications open November 1, 2026 , and close January 3, 2027 at midnight .

Sponsorship: Individuals who need immigration sponsorship now or in the future are not eligible for this position.

Skills Development:

Interns develop foundational research, data, and communication skills used in economic and community development research. Skill-building may include:

• Investigative research techniques
• Statistical programming in R, Stata, and GitLab environments
• Literature review and data cleaning
• Factchecking and research communication
• Economic and community development research methods

Examples of work performed include:

• Researching options to guide financial education efforts
• Processing and cleaning datasets
• Supporting survey and engagement research, including work involving Native Nations
• Conducting SIPP wealth and debt data analysis
• Creating communications materials and newsletters
• Assisting with housing affordability research and quantitative data projects

Qualifications:

Currently pursuing a post-secondary degree. You must be enrolled when you apply, but not necessarily during the internship. Open to students graduating December 2026 or later.

• Excellent oral and written communication skills
• Familiarity with standard office software (e.g., Microsoft Office) and willingness to learn new tools
• Effective interpersonal communication skills
• Demonstrate behaviors that align with our core values such as: Service, Integrity, Inclusion, Initiative, Accountability, and Objectivity
• Some positions require U.S. citizenship

Please note: We do NOT provide relocation assistance, housing, or travel reimbursement.

• 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)

The 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.