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Intern, Research Department
internshipBoston$0k - $0k

Summary

Location

Boston

Salary

$0k - $0k

Type

internship

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About this role

Company

Federal Reserve Bank of Boston

As an employee of the Boston Fed, you will work to promote sound growth and financial stability in New England and the nation. You will contribute to communities, the region, and the nation by conducting economic research, participating in monetary policy-making, supervising certain financial institutions, providing financial services and payments, playing a leadership role in the payments industry, and supporting economic well-being in communities through a variety of efforts. The Boston Fed is one of 12 Reserve Banks and we serve all or parts of Connecticut, Maine, Massachusetts, New Hampshire, Rhode Island, and Vermont. Our mission is accomplished through our Bank's values: diversity, equity and inclusion, innovation, integrity, and leadership.

The Research Department of the Federal Reserve Bank of Boston is offering a limited number of exciting internships to qualified college students. Summer internships are full-time paid positions that start in May/June and typically last 10 to 12 weeks. Summer interns can expect to work on one or more projects with the Bank's economists and research analysts to conduct research in various areas of economics and will develop valuable data analysis and programming skills. 

Compensation: $18-$36 per hour.  Actual pay within the range will be set based on undergraduate/graduate year and relevant experience.

Requirements

  • Currently pursuing a bachelor’s degree with emphasis in economics or a closely related field, such as finance, statistics, mathematics, or computer science

  • Working knowledge of econometrics and/or statistics packages such as Stata, MATLAB, R, or Python

  • Excellent oral and written communication skills

  • Must be authorized to work in the United States

How to Apply

Applications will be accepted through Friday, February 20th, 2026 and interviews will be conducted on a rolling basis until all positions are filled.  Applications should include the following:

  • Cover letter. Your cover letter should be addressed to Jeffrey Kelley, Business Manager.  It should describe your interest in the position, including how an internship at the Fed is relevant to your career aspirations, as well as particular qualities or skills that make you a good candidate. Please also specify your availability and any areas of special interest in economics.

  • Résumé. Résumés should include all education information, including institutions attended and areas of concentration, overall undergraduate GPA as well as GPA in your major, graduate GPA (if applicable), computer skills, and relevant work experience. Your résumé should also include at least one reference.

  • Transcript. Unofficial transcripts from each college or university attended are acceptable at point of application. Official transcripts may be requested of internship finalists.

Please click here to apply.

For questions about our internship program, please send your inquiry to [email protected].

The Federal Reserve Bank of Boston is committed to a diverse and inclusive workplace and to provide equal employment opportunities to all persons without regard to race, color, religion, national origin, sex, sexual orientation, gender identity, age, genetic information, disability, or military service.
 
 All employees assigned to this position will be subject to FBI fingerprint/ criminal background and Patriot Act/ Office of Foreign Assets Control (OFAC) watch list checks at least once every five years.

As a condition of employment, all Federal Reserve Bank of Boston employees must comply with the Bank's ethics rules, which generally prohibit employees, their spouses/domestic partners, and minor children from owning financial interests – such as stocks or bonds – from banks, savings associations, and systemically important financial institutions or their affiliates, such as bank holding companies or savings and loan holding companies. If you, your spouse or domestic partner, or your minor child own such assets and would be unwilling or unable to divest them if you were to accept a job offer, you should raise this issue with our recruitment team. Applicants should review the Bank's Employee Code of Conduct to ensure compliance with conflict of interest rules and personal investment restrictions.
 
The above statements are intended to describe the general nature and level of work required of this position. They are not intended to be an exhaustive list of all duties, responsibilities or skills associated with this position or the personnel so classified. While this job description is intended to be an accurate reflection of this position, management reserves the right to revise this or any job description at its discretion at any time.

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.

Always verify and apply to jobs on Federal Reserve System Careers (https://rb.wd5.myworkdayjobs.com/FRS) or through verified Federal Reserve Bank social media channels.

Privacy Notice

Other facts

Tech stack
Econometrics,Statistics,Stata,MATLAB,R,Python,Data Analysis,Programming,Communication

About Federal Reserve System

The Federal Reserve Bank of Philadelphia helps formulate and implement monetary policy, supervises banks and bank holding companies, and provides financial services to depository institutions and the federal government.

One of the 12 regional Reserve Banks that, together with the Board of Governors in Washington, D.C., make up the Federal Reserve System, the Philadelphia Federal Reserve Bank serves eastern Pennsylvania, southern New Jersey, and Delaware.

Follow us on Twitter: @philadelphiafed

Team size: 501-1,000 employees
LinkedIn: Visit
Industry: Financial Services
Founding Year: 1914

What you'll do

  • Interns will work on projects with the Bank's economists and research analysts to conduct research in various areas of economics. They will develop valuable data analysis and programming skills.

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Frequently Asked Questions

What does Federal Reserve System pay for a Intern, Research Department?

Federal Reserve System offers a competitive compensation package for the Intern, Research Department role. The salary range is USD 0k - 0k per year. Apply through Clera to learn more about the full compensation details.

What does a Intern, Research Department do at Federal Reserve System?

As a Intern, Research Department at Federal Reserve System, you will: interns will work on projects with the Bank's economists and research analysts to conduct research in various areas of economics. They will develop valuable data analysis and programming skills..

Why join Federal Reserve System as a Intern, Research Department?

Federal Reserve System is a leading Financial Services company. The Intern, Research Department role offers competitive compensation.

Is the Intern, Research Department position at Federal Reserve System remote?

The Intern, Research Department position at Federal Reserve System is based in Boston, Massachusetts, United States. Contact the company through Clera for specific work arrangement details.

How do I apply for the Intern, Research Department position at Federal Reserve System?

You can apply for the Intern, Research Department position at Federal Reserve System directly through Clera. Click the "Apply Now" button above to start your application. Clera's AI-powered platform will help match your profile with this opportunity and guide you through the application process. You can also learn more about Federal Reserve System on their website.