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Summer Undergraduate Researchers
3 months ago
Description
2024 Undergraduate Summer Analyst - Markets Group (Chicago)
Job Title
2024 Undergraduate Summer Analyst - Markets Group
Job Location
Chicago, IL
Job Overview
The Federal Reserve Bank of New York is offering an opportunity for rising seniors to join their Undergraduate Summer Analyst Program. As a summer analyst in the Markets Group, you will have the chance to work on advanced project assignments and gain valuable work experience at a unique institution. This program serves as the largest recruitment source for the New York Fed's full-time entry-level hiring.
Compensation
- Salary: Your regular wages for the ten weeks will be paid on a semi-monthly basis and will be calculated based on an annual salary of $64,100.00, less applicable taxes.
- Paid internship. Summer housing is not provided.
Responsibilities
As a summer analyst in the Markets Group, your responsibilities will include:
- Assisting with economic and financial data analysis.
- Supporting the Group's funds, securities, trading, and settlement activities.
- Preparing charts, tables, graphs, and other supporting documentation for research and market analysis conducted by the Group.
Requirements
- Must be a rising senior graduating in Winter 2024 or Spring 2025.
- Demonstrated interest in economics, public policy, and finance.
- Strong academic record.
- Quantitative analysis skills with experience working with spreadsheets, databases, and analytical tools (e.g., Excel, SQL).
- Academic exposure and/or experience in international and domestic capital markets and instruments, and US monetary policy and economics.
- Ability to source, prepare, and visually represent data using common tools (e.g., Excel, Tableau).
- Ability to perform preliminary research and help prepare data regarding foreign and domestic market issues.
- Programming experience (e.g., Python, R) is a plus, but not required.
We're excited for you to apply!
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INSIGHTS
Understand more about this internship and other internships like this
Career Paths
People who completed this type of internship end up in the following types of jobs
- Software Developers
- Computer And Information Research Scientists
- Social Science Research Assistants
- Computer Hardware Engineers
- Data Scientists
Top majors
That get hired for this type of internship
People who did this kind of internship end up at the following companies
- Amazon
- Microsoft
- Intel Corporation
- IBM
Typical benefits offered for paid internships
(National average offered by employers)
Average internship hourly pay
For Great Lakes region
Banking
Typical pay range:
$14.40 - $18.51
Estimated Monthly Living Expenses
For Chicago, IL | $4,214/mo
GETTING THIS POSITION
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- Tell me about yourself.
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