Summer Internships

The Federal Reserve Bank of Boston’s Summer Internship Program has been a success for several decades. Our interns gain valuable experience while making significant contributions to the business of the Federal Reserve. Many interns subsequently return to the Reserve Bank for full-time employment post-graduation.

The application deadline for 2012 Summer Internships at the Federal Reserve Bank of Boston has passed. We periodically post additional internship openings so please continue to visit.

We also encourage you to explore additional internships at Massachusetts, It's All Here offsite, a state-wide internship search engine offered by the Commonwealth of Massachusetts and Experience.

You may also be interested in the recent event held at the Boston Fed, Internships: A Win-Win for Employers, Students, and Academic Institutions, which brought together businesses, government and academic institutions to collaborate on internships and to support employers, especially those not currently offering internships, in developing a program and finding quality interns.

 

Eligibility

We look for candidates with strong academics, who engage in extracurricular activities, and who possess the following strengths:

  • Analytical and communications skills
  • Detail-oriented
  • Ability to work in a team-based environment
  • Proficiency in Microsoft Office
  • Professionalism, dependability, and integrity

Applicants must have completed their sophomore year of studies.

We especially encourage those students pursuing MBAs and information technology degrees to apply. When applying, students must include their current cumulative GPA (3.0 and above), year of graduation, and field of study.

Development Opportunities

Professional Development
As an intern, you will support the day-to-day operations of a project or department. Interns are given “real work” that will expose you to real world challenges in a business area.

You will partner with diverse people, and have the opportunity to avail yourself of career development training and resources to strengthen your professional skills and knowledge.

To demonstrate your business acumen and develop presentation skills, you will present a summary of your work to your management and/or to other interns.

Networking
You will have the opportunity to meet and interact with members of the management team at a variety of meetings and receptions. In addition, interns can network with each other at social and community support activities.

Hourly Compensation (based on academic year completed)

Completed freshman year $13.10
Completed sophomore year $14.50
Completed third year of a 5-year program (e.g., co-op) $15.20
Completed junior year $15.80
Completed senior year $17.30
Graduate student $24.60