The Federal Reserve Bank of New York’s Research and Statistics Group hires roughly twenty college graduates a year as Research Analysts (RAs), based at 33 Liberty Street in Manhattan. RAs generally stay about two years.
They assist economists on policy analysis — often ending in reports or briefings for the Bank’s president — and on long-term academic research, where many co-author papers. Most RAs later enter graduate or professional programs, many in economics or finance PhDs.
Benefits & funding
- Full-time salaried Bank post, usually for about two years; the program page publishes no salary figure.
- Employer-matching 401(k), flexible schedules and commutation assistance.
- Medical, dental, vision and prescription-drug cover, plus fertility benefits.
- Tuition reimbursement for courses, certificates and graduate programs at nearby universities.
Eligibility
- College students or graduates with a background in economics, mathematics, statistics or a related field.
- Data-analysis experience with statistical packages (e.g. R, Stata, Matlab) or other programming (e.g. Python, C++); a strong programming background is not required.
- Strong analytical, decision-making and communication skills.
- Must be eligible to work in the United States on a continuous basis, other than for practical training.
- Some positions need access to confidential supervisory or FOMC data, limited to U.S. “protected individuals” (including citizens, nationals and certain permanent residents).
Can you apply?
Here's who can apply
Decoded from the official rules. A free account checks them against your passport, degree and age in seconds.
Residence required
USA
Education required
Bachelor Enrolled · Bachelor
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Application process
- 1Upload a resume/CV and a transcript from your most recent or current institution; a cover letter is optional.
- 2Letters of recommendation are not considered.
- 3Apply in the yearly window — it ran 24 August to 14 September 2026 for the summer 2027 start.
Program timeline
24 August 2026
Applications opened (summer 2027 cohort)
Application deadline (closed)
14 September 2026
Two-year appointment begins
Summer 2027
Next window expected (estimated, not yet announced)
Around late August 2027