Undergraduate Intern – Research Focus

Posted 7 Days Ago
Be an Early Applicant
Minneapolis, MN, USA
In-Office
23-23 Hourly
Internship
Fintech • Payments • Financial Services
The Role
Undergraduate interns support economic and community development research through literature reviews, data cleaning, statistical analysis, survey research, fact-checking, and research communications. They may analyze wealth and debt data, study housing affordability, support financial education efforts, and create newsletters. The 12-week, full-time internship includes professional development workshops and networking opportunities and requires regular onsite work.
Summary Generated by Built In
CompanyFederal Reserve Bank of Minneapolis

Be a part of our 2027 summer intern cohort! We are currently accepting applications from undergraduate college students who are interested in learning more about the nation's central banking system while contributing in real ways to our work. As an intern, you'll be matched with a department that can leverage your skills and experience, and you’ll perform work that helps teams meet their goals—ultimately supporting the organization’s mission. You’ll also have opportunities to participate in workshops designed for our intern cohort, build your professional network, and gain exposure to a wide variety of careers.

This internship runs for 12 weeks from May 24, 2027, to August 13, 2027. Interns work 40 hours/week and are paid $23.00/hour. This position requires a regular on-site presence.

Applications open November 1, 2026, and close January 3, 2027 at midnight.

 

Sponsorship: Individuals who need immigration sponsorship now or in the future are not eligible for this position.


Skills Development:

Interns develop foundational research, data, and communication skills used in economic and community development research. Skill-building may include:

  • Investigative research techniques
  • Statistical programming in R, Stata, and GitLab environments
  • Literature review and data cleaning
  • Factchecking and research communication
  • Economic and community development research methods

 

Examples of work performed include:

  • Researching options to guide financial education efforts
  • Processing and cleaning datasets
  • Supporting survey and engagement research, including work involving Native Nations
  • Conducting SIPP wealth and debt data analysis
  • Creating communications materials and newsletters
  • Assisting with housing affordability research and quantitative data projects

 

Qualifications:

  • Currently pursuing a post-secondary degree. You must be enrolled when you apply, but not necessarily during the internship. Open to students graduating December 2026 or later.
  • Excellent oral and written communication skills
  • Familiarity with standard office software (e.g., Microsoft Office) and willingness to learn new tools
  • Effective interpersonal communication skills
  • Demonstrate behaviors that align with our core values such as: Service, Integrity, Inclusion, Initiative, Accountability, and Objectivity
  • Some positions require U.S. citizenship

 

Please note: We do NOT provide relocation assistance, housing, or travel reimbursement.

Full Time / Part TimeFull time

Regular / TemporaryTemporary

Job Exempt (Yes / No)No

Job CategoryInternship Family Group

Work ShiftFirst (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

Skills Required

  • Currently pursuing a post-secondary degree and enrolled when applying; applicants must graduate in December 2026 or later.
  • Excellent oral and written communication skills.
  • Familiarity with standard office software, such as Microsoft Office, and willingness to learn new tools.
  • Effective interpersonal communication skills.
  • Demonstrated behaviors aligned with Service, Integrity, Inclusion, Initiative, Accountability, and Objectivity.
  • U.S. citizenship may be required for some positions.
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The Company
HQ: Washington, DC
2,289 Employees

What We Do

This page is dedicated to Federal Reserve System career and employment related information only. Comments not pertaining to Fed recruiting will be removed. The Fed - Make a world of difference in the global economy 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. Find your preferred locations around the United States and explore the breadth of opportunity available at the Federal Reserve. Atlanta https://www.frbatlanta.org/ Boston http://www.bostonfed.org/ Chicago https://www.chicagofed.org/ Cleveland https://www.clevelandfed.org/ Dallas http://dallasfed.org/ Kansas City https://www.kansascityfed.org/ Minneapolis https://www.minneapolisfed.org/ New York http://www.newyorkfed.org/ Philadelphia https://www.philadelphiafed.org/ Richmond https://www.richmondfed.org/ San Francisco http://www.frbsf.org/ St. Louis https://www.stlouisfed.org/ Board http://www.federalreserve.gov/

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