Careers at the Federal Reserve Board of Governors, Guiding the Nations Economy.  Working at the Board provides recent college graduates with unique opportunities.  In my position, I am able to combine my interests in finance and economics and conduct analysis relating to the global economy.  Marcus, Research Assistant.  Image links to the Career Opportunities Home Page.
Guiding the Nation's Economy

Research Assistants in the Economic Research Divisions

The economic research divisions regularly hire research assistants who have undergraduate degrees, primarily in economics, but also in related fields such as statistics, mathematics, finance, or computer science. We seek applicants who have training in econometrics, mathematical statistics, or both, as well as good computer skills--for example, a facility with statistical packages such as SAS or a programming language such as C. In addition, most positions require training in economics through the intermediate theory level. Extensive coursework in mathematics is also useful, as is study in such areas as money and banking, finance, and international trade theory.

The Focus of Activities

The Board is responsible for conducting the nation’s monetary policy by influencing monetary and credit conditions in the economy and ensuring the safety and soundness of the nation’s banking and financial systems. To support this mission, staff in the three economic research divisions (International Finance, Monetary Affairs, and Research and Statistics) provide economic forecasting and research on a wide range of domestic and international issues to support the economic policymaking function of the Board of Governors and of the Federal Open Market Committee. Our research assistants work closely with one of the finest economic research staffs in the United States, applying quantitative skills to both real world policy issues and to high-level research projects.

Research assistants enjoy not only a work environment full of intellectual stimulation, but also a built-in network of colleagues with similar experience and career aspirations. The economic research divisions employ approximately 80 research assistants throughout the many sections of the divisions. Each section has a particular focus, yet the economists and research assistants from the various sections and divisions work very closely with each other.

Image of a research assistant at his desk
The work that I do at the Fed is extremely fulfilling. It’s the most work I have ever done and the happiest I have ever been.
- Houtan, Research Assistant