Mission: The Federal Reserve System is the central bank of the United States. It was founded by Congress in 1913 to provide the nation with a safer, more flexible, and more stable monetary and financial system.
I have been working at Federal Reserve Board full-time (More than 3 years)
Flexible hours/work schedule
Supportive work environment
Occasional but not overwhelming deadlines
Individual offices, even for entry level
Opportunities to challenge yourself and continual learning
Excellent office culture
Not much room for advancement within research divisions without a Ph.D
Have to be self-motivated
Managers are all Ph.D economists, not trained managers
Difficult for non-Economist staff to move up in career ladder
Could focus more on diversity of staff
I applied through college or university. The process took 3 weeks. I interviewed at Federal Reserve Board.
I met a recruiter and he got me a 30min phone interview. There were two men on the phone who briefly told me what they did, their division, etc etc. I was asked pretty much all behavioral questions. At the end I was allotted time to ask my own questions