Ph.D. Summer Internship and Fellowship Opportunities

The New York Fed’s Research Group sponsors two summer programs for Ph.D. students, postdocs, and junior faculty. The programs—one an internship, the other a fellowship—enable participants to conduct research, present their results, and engage with experienced economists.

Ph.D. Internships at the New York Fed

Each year, the Research Group seeks qualified candidates for two summer internship positions. Ph.D. students in all fields of economics and finance who are at an advanced stage of their dissertation work are welcome to apply.

The program, begun in the summer of 2006, is designed to provide students with the opportunity to participate in the intellectual life of the Research Group. Throughout the internship, the students’ time is dedicated to furthering their dissertation research, interacting with research economists, and obtaining feedback on their work. Students are expected to present research, in an informal setting, at the beginning and end of the internship.

The interns are hosted for a period of ten weeks from June through August, and receive compensation for the period in which they work in the program. Please note that all program participants must be authorized to work in the United States. An applicant who is not currently authorized to work in the United States must make arrangements with his or her school to obtain the necessary practical training permissions to be able to participate in the program.

Applications can be sent to research_phdintern@ny.frb.org. In the subject line, applicants should specify a primary and secondary field (if needed) from the following: Microeconomics, Macro and Monetary Economics, International Finance and Trade, Financial Markets and Intermediation, or Asset Pricing and Market Microstructure. Each application should include:

  • a CV
  • their dissertation proposal
  • any research papers (if available, including current work)
  • a copy of the graduate transcript (unofficial scanned copy is acceptable)
  • one letter of reference from an advisor (sent by the advisor to the above e-mail address)

  • The application period for summer 2018 Ph.D. internships is now closed.

    Questions can be directed to research_phdintern@ny.frb.org.



    CSWEP Fellowships - Promoting Economics Careers For Women and Minorities

    The Research and Statistics Group of the Federal Reserve Bank of New York also sponsors every year two CSWEP Summer Fellowships. The CSWEP Summer Economics Fellow Program is sponsored by the American Economic Association and allows the fellows to spend a summer in residence at a sponsoring institution. Applications should be sent directly to the CSWEP. Further information on the program can be found on the CSWEP site

    Read more about the innovative work being done by New York Fed economists and how life at the Bank differs from academia in this interview with Research Director Beverly Hirtle.