Federal Reserve Bank of New York Research Analyst Interview Questions
& Process
Real candidates share what happened, how many rounds they had,
and how the experience turned out.
Based on 13 interview experiences · FREE TO READ
Candidate interview experiences
First-hand accounts from people who interviewed at Federal Reserve Bank of New York.
Federal Reserve Bank of New York
Research Analyst
Senior Average Positive experience No offer 2 rounds
Interview process
Phone screen Technical screen
Interview formats
Behavioral Technical
So there were two rounds. The first one was with two people who are second year analysts there. They asked me about what I was interested in, why I wanted to work at FRBNY, and to talk about an economics research project I had done. It was pretty easy. The second round was a discussion about research projects I had completed in financial economics.
Confirmed questions4 questions
- Can you describe an economics research project you have completed?
- Tell us about your interests.
- What's your motivation for applying to FRBNY?
Federal Reserve Bank of New York
Research Analyst
Mid Average Positive experience No offer 1 round
Interview process
Phone screen
Interview formats
Technical Behavioral
The current analysts went straight into the questions. There wasn't much intro or behavioral stuff. It really felt like they were just checking my competency, economic and econometric knowledge, and if I'd be a good fit and motivated. They also asked for some specifics on economic models, which caught me off guard for a phone interview.
Confirmed questions1 question
- What's your motivation for joining the Fed?
Federal Reserve Bank of New York
Research Analyst
Entry Average Neutral experience Decline offer 3 rounds
Interview process
Recruiter call Phone screen Technical screen
Interview formats
Behavioral Technical
They do on-campus recruiting, then a phone interview, and then a skype call with some of the economists about specific projects. Be ready to talk in-depth about your research, though it really depends on who you talk to and what projects they are working on. HR is typically quite slow in scheduling interviews or letting you know if you've made it to the next round, so don't stress if you don't hear back for a week or two.
Confirmed questions2 questions
- Can you tell us about your research background and academic history, and what areas you're interested in within this division?
- Please provide a thorough discussion of your research.
Federal Reserve Bank of New York Research Analyst Interview Questions
Quoted word for word from Federal Reserve Bank of New York interview reports.
“Could you explain the Gauss-Markov assumptions and what happens intuitively if we relax each one?”
Read reports →“Could you explain the impact on OLS estimators when either the dependent or independent variables are subject to noise, assuming no introduction of bias?”
Read reports →“Can you describe a quick calculation you'd perform to estimate the impact of U.S. tariffs on China on the U.S. GDP?”
Read reports →“Which Python programs are you most comfortable using?”
Read reports →“What are your research interests in econometrics?”
Read report →“Do you have any questions about econometrics or probability?”
Read report →“How would you apply economic theory in practical situations?”
Read report →“What did you learn from your quantitative courses, and what were your results in linear algebra?”
Read report →“What's your motivation for joining the Fed?”
Read report →Formats, difficulty and experience
Across all 13 Federal Reserve Bank of New York interview reports.