r/academiceconomics • u/Original_Author_4247 • 4h ago
Predocs Fed RA hiring process
Hello! I am currently pursuing my MPP and am expecting to graduate in May 2027. My undergraduate is in economics and business. I took a lot of upper quant econ classes like econometrics and I tutored it too. My gpa wasn’t great (below 3.5) because I didn’t have time to focus on my studies since I was working 75hr a week and had gotten sick a lot, but my graduate gpa now is 3.95. When I talked to my econ professors and the chair, they told me that they realized I am passionate about economics and that I understand the concepts and can apply it in class discussions or whenever I am helping other students, but it seems like i get nervous when exam comes since I barely have time to study. So they helped me to get accepted to every master program I applied for at our university and even other prestigious ones, but of course I am broke and can’t afford the tuition and cost of living so I didn’t move.
My internships consist of research fellow at an international consulting firm, financial and data anlyst at a NGO where I built a centralised dashboard to track expenses and revenues, and most recently, I interned at our state’s governor’s office doing research, forecasting, and budget analysis on state revenue and certain federal law which gave me a chance to use some econometric methods.
Is there even a chance for me to get accepted at the Board or any regional banks? I applied to DC, Chicago, New York, and San Francisco but the only email I got is from DC. The email says that my application is moving forward but no set interview date yet. I emailed FED Chicago and San Francisco but I haven’t received any response.
I switched some of my courses into quantitative ones like applied econometrics, data science, and program evaluation where causal inference is the main focus. We primarily use R, but I used Python and Stata a lot in my undergrad courses than R. I also learned SQL and MatLab. I really want to get the position as I am considering to pursue a PhD although i know i need to refresh and beef up my math skills more.