Job Information
Federal Reserve Bank Research Department 2025 Summer Internship in St. Louis, Missouri
Company
Federal Reserve Bank of St. Louis
About the Intern Program:
The Federal Reserve Bank of St. Louis has a Summer Internship Program that allows you the opportunity to learn about economics in the United States through the perspective of the Federal Reserve System.
Note: Intern positions outside of Research will be posted separately at a later date.
The program consists of:
• Direct exposure to bank operations
• Valuable work experience in public service
• Developmental workshops
• Q&A sessions with senior leaders
• Departmental information and networking sessions
• Mentoring program
There are opportunities for undergraduate students who possess strong interpersonal, analytical, communication, and organizational skills with a solid work ethic and strong motivation to learn.
About the Research Division:
The Research Division (http://research.stlouisfed.org/) conducts economic research and provides information and economic education services, all of which are used by policymakers, other researchers, teachers, students and the public. The division also supports the St. Louis Fed president in his role as a member of the Federal Open Market Committee.
The Research Division’s primary goal is to provide world-class monetary policy leadership, economic research and trusted tools for economic knowledge.
About the Positions:
Previous interns have gained experience in multiple areas within the Research Division.
RESEARCH (https://research.stlouisfed.org/research-associates/) :
Research data sources and methodologies of macroeconomic data series.
Compile anecdotal information from business contacts in the 8th district.
Create charts and tables of economic indicators.
Conduct statistical and econometric data analysis in programs such as STATA, Matlab, and R.
Write summary reports on methodology and results.
ECONOMIC EDUCATION (https://www.stlouisfed.org/education) :
Review our online learning modules for ease of use and relevance to audience
Work with staff to produce and update economic education content
Work with staff to align content with national and state standards
Work with staff to update the zone’s e-mail database of educators
Work with staff to host educator professional development workshops
Support various website development initiatives
This position provides you with an opportunity to work with economic education professionals to test and develop industry-leading K-12 curriculum materials.
LIBRARY AND DIGITAL HISTORY & ARCHIVES:
Develop familiarity with standard economic data sources, and data released by the Federal Reserve Banks.
Develop research guides for various topics related to economics and finance.
Learn basics of automating tasks with Python and Microsoft Power Apps.
Gain experience in historical document research, evaluation of online resources, and professional writing, as well as library and metadata skills.
Produce content to add to the FRASER (https://fraser.stlouisfed.org) collection
Qualifications
Must have a 3.5+ overall GPA
Undergraduate Student
Rising college junior or senior preferred
Candidate for bachelor’s degree in Economics, Business (finance), Education, Library and Information Science or related field
Demonstrated interest and strong proficiency in (a) math/statistics or (b) education.
Excellent Excel, Word, and Adobe Acrobat skills. (Additional software requirements are noted within respective job descriptions.)
Interest in monetary policy, macroeconomics, and macroeconomic and banking data is a must.
Required Skills
Demonstrated analytical/critical thinking skills
Excellent written and verbal communication skills
Detail-oriented
Strong interpersonal and organizational skills
Ability to work independently while managing numerous projects and work processes
To Apply
With this application, the following documents must be uploaded in PDF or Word format.
Cover Letter
Resume
Unofficial Transcript
Brief Writing Sample
Completed Summary File; available for download here (https://www.dropbox.com/scl/fi/iiloe86t9rz3bxvca3esx/Intern_Applicant_Summary_File_2024_FRB_STL.docx?rlkey=h2cdwgazltn4am2r52xw5qr5s&dl=0) .
Application Deadline: Friday October 11th, 2024
For questions or concerns, contact: research.internship@stls.frb.org
Total Rewards
Bring your passion and expertise, and we'll provide the opportunities that will challenge you and propel your growth.
Hourly Rate: $20 - $22/hour
At the Federal Reserve Bank of St. Louis, we believe the Federal Reserve most effectively serves the American public by building a more diverse and inclusive economy. Our commitment to diversity and inclusion, at all levels of the organization, has been one of our core values for many years and remains strong as we continue enhancing our efforts. Learn more about Bank’s culture.
The Federal Reserve Bank of St Louis is an Equal Opportunity Employer.
Full Time / Part Time
Full time
Regular / Temporary
Temporary
Job Exempt (Yes / No)
No
Job Category
Internship
Work Shift
First (United States of America)
The Federal Reserve Banks believe that diversity and inclusion among our employees is critical to our success as an organization, and we seek to recruit, develop and retain the most talented people from a diverse candidate pool. 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 (https://www.kansascityfed.org/documents/7797/Workday_Privacy_Notice.pdf)
OUR BANK has one of the most recognizable brands around the world. The Federal Reserve is the central bank of the United States—one of the world's most influential, trusted and prestigious financial organizations. The Federal Reserve is charged with the important mission of promoting a strong economy and a stable financial system and fulfills this responsibility by formulating national monetary policy, supervising and regulating banks and bank holding companies, and providing financial services for banks and the U.S. government.
OUR PEOPLE are diverse in background and ideas, which allows for ongoing creativity and innovation. Ultimately, they are the ones who push our high-performance, exchange-driven culture forward.
Why Our People Choose Us:
Our reputation precedes us
There will always be room for personal growth
Our people are first
You’ll find the right balance
Your responsibilities will be meaningful
We hope that you will be our future colleague.
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.