Summer 2026 Intern - Economic Research - Chicago

Company

Federal Reserve Bank of Chicago

The Federal Reserve Bank of Chicago is recognized as one of the most influential, trusted and prestigious financial institutions in the world.

We serve the Seventh District encompassing Iowa and most of Illinois, Indiana, Michigan, and Wisconsin, and is one of the 12 regional Reserve Banks in the United States.

Together with the Board of Governors in Washington, D.C., the 12 Banks constitute the nation’s central bank.

Job Description:

The Economic Research Internship offers a number of summer research opportunities across each of our departmental teams, inclusive of – but not limited to:  


* Macroeconomics


* Microeconomics


* Financial Economics


* Community Development


* Regional Research

This program provides students with the opportunity to gain valuable research experience, network with peers in the field, and to work side-by-side with our economists and research assistants to support research and policy work.

The program is designed to help students further develop quantitative analysis, critical thinking, and writing skills throughout the summer.

Summer projects typically ask interns to:


* Support economists in their basic and applied research – inclusive of collecting data, conducting moderately complex statistical analysis, and organizing the presentation of results


* Assist economists with their research and analysis of policy issues and events


* Prepare a variety of charts, tables, and descriptive text for staff economists and department management.

Internship Program Details:

The Federal Reserve Bank of Chicago Summer Intern Program is a paid internship that is open to undergraduate, graduate and PHD students.  It begins in June and continues for 12 consecutive weeks.

Interns work 40 hours per week and are assigned to one department. 

These internships are ideal for students looking to build their research portfolios, who have a potential interest in graduate school, or who are considering applying for the Chicago Fed’s Research Assistant program after graduation.

Economic Research Interns are given priority consideration for 2027 RA openings providing positive recommendations regarding performance throughout their internship experience.

This specific opening is for our Chicago main location.

If you’re also interested in this role but in our Detroit branch, please apply to the separate requisition R-0000030310 Summer 2026 Intern - Economic Research – Detroit.

Candidate Requirements:


* Currently pursuing at least a Bachelor’s degree, graduating Fall 2026 or later, in economics, finance, or related field (e.g.

statistics, computer science, mathematics, etc.)


* Show evidence of aptitude of quantitative and analytical skills through research experience (curricular/extracurricular)


* Some exposure and experience using data/programming languages (e.g.

Stata, R, Python, MATLAB, ArcGIS, etc.)

ALL APPLICATIONS MUST INCLUD...