Undergraduate Intern – Research Focus

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    Federal Reserve System

    We are the central bank of the United States—one of the world's most influential and trusted financial organizations.

    10,001+ employeesWashington, DCBanking
    Actively hiringPaidSummer 2027Banking
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    About the role#

    This is a full-time summer internship with the Federal Reserve Bank of Minneapolis. You will join the 2027 intern cohort to contribute to the central banking system while gaining professional experience. The role runs for 12 weeks, from May 24, 2027, to August 13, 2027. You will work 40 hours per week in an on-site capacity.

    What you'll do#

    • Perform work that helps teams meet their goals and support the organizational mission.
    • Participate in workshops designed for the intern cohort.
    • Build your professional network and gain exposure to various career paths.
    • Research options to guide financial education efforts.
    • Process and clean datasets.
    • Support survey and engagement research, including projects involving Native Nations.
    • Conduct SIPP wealth and debt data analysis.
    • Create communications materials and newsletters.
    • Assist with housing affordability research and quantitative data projects.

    What you'll need#

    • Currently pursuing a post-secondary degree in Economics, Mathematics, Statistics, or Data Science.
    • Must be enrolled at the time of application and graduating in December 2026 or later.
    • Excellent oral and written communication skills.
    • Familiarity with standard office software and a willingness to learn new tools.
    • Effective interpersonal communication skills.
    • Ability to demonstrate behaviors that align with core values: Service, Integrity, Inclusion, Initiative, Accountability, and Objectivity.
    • Note that some positions require U.S. citizenship.
    • Please be aware that immigration sponsorship is not available for this role.

    Location & details#

    • Location: Minneapolis, Minnesota.
    • This is an on-site position.
    • This is a paid internship at $23.00 per hour.
    • Relocation assistance, housing, and travel reimbursement are not provided.

    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.

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