Minimum Education

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

Minimum Experience

0

Summary

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.About the Team

The Policy Effectiveness and Assessment team assesses the costs and benefits of banking regulations for the Federal Reserve Board. It also carries our research in banking and related fields. The intern will assist with ongoing staff work related to rulemakings and economic research. The intern will help gather and organize data, perform statistical analysis and help with preparing tables and figures presenting results. The intern will also help carry out background research on related topics, as well as policies and procedures related to the performance of such work.

Remarks

Expected Projects: Assist team members with ongoing research, including by gathering and organizing data. Contribute to ongoing analysis of rulemakings, potentially including efforts related to the Basel III Endgame capital proposal or the Long-term debt proposal.
Competencies/Learning Objectives: Data organization; data analysis; research; literature review.

Suggested Major/Minor: current undergraduate or graduate student in Economics, Finance, Data science or a related field.

Required Skills and Knowledge: Coursework in economics or finance.

Preferred Skills: Experience with statistical packages, such as Stata or R.

Required Documents for application: A copy of an unofficial transcript.

Location: The internship is to be completed in a hybrid capacity, with in office expectations of at least two days a week.

US Citizenship is required for all Board internships and applicants must be current students, graduating from their program fall 2025 or later.
Keywords: #banking, #regulation, #economics, #cost-benefit analysis