About the role#
This paid internship offers undergraduate students direct exposure to the operations of the Federal Reserve Bank. You will work on project-based assignments and participate in professional development activities. This role is based in our Detroit branch and requires you to work on-site for 40 hours per week over a 10 to 12 week period.
What you'll do#
- Contribute to your assigned department.
- Engage in project-based work that supports our mission.
- Build professional relationships with subject matter experts, Bank leadership, and fellow interns.
- Interpret data and analytics to develop insights and support decision-making processes.
- Present information verbally and respond to questions from small to medium groups.
What you'll need#
- Current enrollment in an accredited undergraduate program with a graduation date of December 2027 or later.
- A minimum GPA of 2.75.
- U.S. Citizenship or Permanent Residency status.
- Ability to work 40 hours per week for the duration of the program.
- Intermediate working knowledge of Word and Excel.
- Strong interpersonal and communication skills.
- Ability to work independently while maintaining a team-oriented attitude.
- Detail-oriented and self-motivated work style.
- Professionalism when interacting with internal and external clients.
Location & details#
- Location: Detroit, Michigan.
- Term: Summer 2027.
- Work Modality: On-site.
- Compensation: $20 to $33 per hour, based on academic level.
- Majors: Business Administration, Finance, Accounting, Economics, Marketing, Supply Chain Management, or Operations Management.
About Federal Reserve System
The Federal Reserve System acts as the central bank of the United States. It manages national monetary policy, supervises banking institutions, and provides financial services to the government. The organization maintains a presence across the country with multiple regional banks. It employs over 10,000 people to support its economic mission.
How to get in at Federal Reserve System
Securing an internship at the Federal Reserve System requires speed because hiring managers often review applications as they arrive. Intern Insider sends an instant alert the moment a role matching your target is published, so you apply among the first and get seen before the pile grows. It is a simple way to stay ahead of the crowd during a competitive cycle. You can also improve your chances by reaching out to the recruiters behind the company's roles directly. Intern Insider surfaces these contacts so you can ask about the position or request a referral, which materially improves response rates. Connecting with a human recruiter often provides the clarity you need to stand out.
