Summer 2027 Academic Research Internship

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. Interns receive many opportunities to learn through daily work interactions with economists and research assistants, as well as through seminars, lectures, and RA‑led study groups. The environment is friendly and academically oriented, allowing interns to learn about academic research careers and the Fed.

Responsibilities

• Conduct literature reviews and write computer code to analyze time‑series and panel data alongside a Research Associate (RA) who mentors them throughout the summer.
• Prepare and deliver a presentation at the end of the internship on an academic article studied or the data helped analyze.
• Support multiple economists with their academic research on topics including general equilibrium macroeconomic models, time‑series econometrics, labor economics, financial economics, contract theory, public and health economics, industrial organization, and regional economics.

Requirements

• Submit a resume or CV.
• Provide college transcripts (unofficial copies are acceptable; uploading transcripts with a security certificate may delay review).
• Write a cover letter explaining why you are a good match, how you became interested in research, and how the internship fits your future career.
• All attachments must be in Microsoft Office, PDF, JPG, or HTML format, each not exceeding 1.5 MB.
• Only applications with all required documents will be considered.
• 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.
• Selected candidates are subject to special background‑check procedures.

Benefits

• Employee resource networks
• Flexible work options
• Onsite amenities that make working here fun

Pay

The hourly rate for summer interns is $23.50/hour.

Schedule

Full‑time, onsite presence required.