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Thread: How Competitive Is My Profile for Fed RA? : And One Additional Question

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    How Competitive Is My Profile for Fed RA? : And One Additional Question

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    Hello Everyone, I am looking to apply to as many Fed banks this fall as is sufficient to make my odds reasonable. In order to do so, it would be nice to know if my profile looks competitive or not.

    In addition to the profile, I am interested in knowing if it is a good idea to apply to all 12 banks and the board? Or should I be more selective. Hows does one distinguish between which bank is the best should one receive multiple interviews?

    Also, last question, how competitive is the pay for such positions? Will it cover the expenses for living near the bank?

    Here is my profile:

    University: Satellite Campus of a Big State School in NJ
    Major: Economics
    Minor: Math
    GPA: 3.96
    Major GPA: 4.0
    Honors, McNair Scholar

    Classes:
    Intermediate Micro/Macro (A/A), Basic Calc (A), Calc I-III (B/A/this fall), Linear Algebra (A), Numerical Analysis (A), Probability and Stats (A), Econometrics (A), Grad Econometrics (this spring), Math for Economics[Grad Course](this fall), differential equations (this fall), Monetary theory[Grad Course](this fall), proof writing course (this fall)

    Research:
    2019 Undergraduate Research Fellow at Top 10 Econ Department
    Research with Professor at my Own School
    Independent Research for the McNair Program
    Will be writing my senior thesis this year

    Software Knowledge:
    R, Stata, Python, Latex, Microsoft Office

    Other Experiences
    Intern at Bulge Bracket Firm in Wealth Management
    Fed Challenge participant

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    Re: How Competitive Is My Profile for Fed RA? : And One Additional Question

    I can't answer questions pertaining to the Fed. For that, jirousseau will provide better advice, if he chances upon this thread. However, is there any particular reason why you're applying solely for Fed positions? Your current profile should be adequate to land some decent pre-doc fellowships, given that you were an undergrad research fellow at a top 10. Pre-doc positions contribute more to the eventual admissions process, than a Fed RAship.

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    Re: How Competitive Is My Profile for Fed RA? : And One Additional Question

    Quote Originally Posted by tutonic View Post
    I can't answer questions pertaining to the Fed. For that, jirousseau will provide better advice, if he chances upon this thread. However, is there any particular reason why you're applying solely for Fed positions? Your current profile should be adequate to land some decent pre-doc fellowships, given that you were an undergrad research fellow at a top 10. Pre-doc positions contribute more to the eventual admissions process, than a Fed RAship.
    I have heard from a number of sources that the Fed RA positions are as good as any for prospective grad school applicants like me. I am particularly interested in the board.

    Can I find these pre-doc position on the NBER website?

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    Re: How Competitive Is My Profile for Fed RA? : And One Additional Question

    Quote Originally Posted by simplyEconomics View Post

    Can I find these pre-doc position on the NBER website?

    Yes! You can find all the postings here: Research Assistant Positions not at the NBER. There's also a twitter account designated to retweet Econ RA listings: Econ RA Listings (@econ_ra) | Twitter.

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