The Federal Reserve Bank of New York works to promote sound and well-functioning financial systems and markets through its provision of industry and payment services, advancement of infrastructure reform in key markets and training and educational support to international institutions.
Regional & Community Outreach connects the Bank to Main Street via structured dialogues and two-way conversations on small business, mortgages, and household credit.
Economic Education improves public knowledge about the Federal Reserve System, monetary policy implementation, and promoting financial stability through the Museum and programs for K-16 students and educators, and the community.
Near-term benefits Research Analysts enjoy the benefits of
Interaction with leading economists and analysts on key policy and research issues
Eligibility for tuition reimbursement for individual courses, certificate programs, and graduate programs
Access to resources designed to build business, computer, and writing skills
Long-term gains Research Analysts have gone on to enter prestigious academic programs, receive National Science Foundation and other highly regarded grants, and accept challenging positions in business and banking.
Master's programs in public policy Berkeley, Chicago, Columbia, Harvard, Princeton, Yale
Masters programs in business administration Chicago, Columbia, Harvard, MIT Sloan, NYU Stern, Stanford, Wharton
Federal Reserve Bank of New York Financial Institution Supervision; Chief of Staffs Office; Credit, Investment, and Payment Risk; Emerging Markets; Markets Group
Business American Express, Cantor Fitzgerald, Council on Foreign Relations, Facebook, Goldman Sachs, ISI Group, Morgan Stanley, NBER, NERA Economic Consulting, Standard and Poors
Law and public service Berkeley, Columbia, Harvard, Michigan, NYU, Yale, IMF, Peace Corps
Tuition Assistance Program Research Analysts receive generous tuition reimbursement for coursework and degree programs at nearby universities. In addition, the New York Feds strong emphasis on work/life balance helps ensure that RAs have the time they need to pursue coursework in economics, mathematics, statistics, finance, or related fields.
The Tuition Assistance Program has enabled RAs to:
Earn a Masters degree in Statistics (Columbia University) while working at the Bank
Participate in other degree and certificate programs (New York University and Columbia University)
Take individual graduate-level classes such as stochastic calculus, probability, statistics, real analysis, linear regression models, time series regression, linear algebra, continuous-time finance, derivative securities, graph theory, and partial differential equations.