Undergraduate Intern – Research Focus

Federal Reserve Bank of Philadelphia • Minneapolis, MN

6d • Onsite

About The Position

The Federal Reserve Bank of Minneapolis is accepting applications for its 2027 summer intern cohort. Interns are matched with a department that can use their skills and experience, where they contribute work that helps teams meet their goals and supports the organization’s mission. Interns can also participate in cohort workshops, build professional networks, and learn about a variety of careers.

This 12-week internship runs from May 24, 2027, to August 13, 2027. Interns work 40 hours per week, are paid $23.00 per hour, and are required to maintain a regular on-site presence. Applications open November 1, 2026, and close at midnight on January 3, 2027. Individuals who need immigration sponsorship now or in the future are not eligible. Some positions require U.S. citizenship. Relocation assistance, housing, and travel reimbursement are not provided.

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; fact-checking and research communication; and economic and community development research methods. Example projects 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, and assisting with housing affordability research and quantitative data projects.

Requirements

• Currently pursuing a post-secondary degree; applicants must be enrolled when applying, but do not necessarily need to remain enrolled during the internship.
• Open to students graduating 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 the organization’s core values: Service, Integrity, Inclusion, Initiative, Accountability, and Objectivity.
• Individuals who need immigration sponsorship now or in the future are not eligible.
• Some positions require U.S. citizenship.

Responsibilities

• Research options to guide financial education efforts.
• Process and clean datasets.
• Support survey and engagement research, including work involving Native Nations.
• Conduct SIPP wealth and debt data analysis.
• Create communications materials and newsletters.
• Assist with housing affordability research and quantitative data projects.
• Contribute work that helps assigned teams meet their goals and supports the organization’s mission.

What This Job Offers

• Job Type: Full-time
• Career Level: Intern
• Education Level: No Education Listed