Founded in 1933, American Institute for Economic Research is a qualified public charity with 501(c)(3) status under the IRS Code. Its mission is to be a widely recognized authoritative independent source of economic information, stemming from its proprietary research and publications. The Institute, along with its wholly-owned investment advisory, is located on a beautiful 100-plus acre campus in the southern Berkshires of Western Massachusetts.
"My interest lies in macroeconomic research and financial analysis and my project was aligned towards my interests which motivated me to work hard. My project focused on the business cycle dating procedures, AIER’s and other organizations’ statistical indicators and the process of asset bubble development and collapse. I tried to connect the dots and come up with a relevant report for AIER. The entire process of learning has been very enriching.
"Apart from our assigned projects, the research meetings and seminars that we were allowed to be a part of helped me in understanding the institute and its work areas better. The idea of taking the interns on outings is really appreciable. Overall, it has been a great internship experience for me. I am glad that AIER allows its interns to work on projects that are worthy and meaningful to both, the interns and the institute." —Pratistha Gyawali, 2013 AIER summer intern
"I have been very grateful to have such a wonderful experience learning so much here at AIER. As a PhD student I have mainly focused on complex macroeconomic tools such as econometrics and dynamic models paying very little attention to the empirical aspect of research. Being interested in monetary policy, I have been amazed by the extent of empirical knowledge that I have accrued since the beginning of the internship. Also with the assistance of Dr. Liu, I have been able to learn more advance econometric tools such as the basics of state space models and the Kalman filter estimation." —Akwasi Nti-Addae, 2013 AIER summer intern
"Throughout the past two months at AIER I learned first-hand what it is like to work in the field that I studied in College. I spent a lot of time studying at UMD and I always wondered if what I was learning in Econometrics was ever actually going to be useful to me. My first day interning here I was reassured of my choice to study economics. It was fun and interesting to hear colleagues talking about STATA and running regressions. I felt comfortable in this environment and enjoyed listening to the researchers talk about their findings." —Melissa Dick, 2013 AIER summer intern
"I have learned a variety of skills while working on the occupational mobility project. One of those skills that I predict will be most useful is how to use STATA. I had had no experience with STATA before coming here and I can tell that it will be very important in future research I do. I also gained familiarity with the CPS data, which may prove to be useful if I end up researching a large variety of subjects. Outside of the project that I was working on, AIER provided me with a brief opportunity to experience office culture and see how economists collaborate on their research. This was especially true during the meetings that interns were allowed to attend. This was also my first time spending a decent period of time in the Northeast, and even though we are not located in a major city, I was able to form an idea of what the region is like." —Ethan Krohn, 2013 AIER summer intern
AIER’s internship program is intended to introduce accomplished high school and college students to economic research. Working closely with AIER research fellows, students are immersed in the economic research process from “conception to completion,” which enhances their understanding of economic concepts, theories, and real world applications.
AIER offers both a summer internship program and an academic year/semester internship program.
- Summer Internship: Summer 2014 dates: Monday, June 30, until Friday, August 22, 2014. Junior and senior college students majoring in economics, finance, business or related fields as well as graduate students in economics, finance, business or related fields are encouraged to apply. Resident Program: interns live on the AIER campus (must be at least 21 years of age). Non-resident Program: interns do not live on the AIER campus (must be at least 16 years of age).
APPLICATION DEADLINE: April 1.
To apply send the following documentation either by electronic or regular mail to the addresses below:
- A current resume
- A writing sample
- A statement explaining why you would like to intern at AIER and whether you are interested in a resident or a non-resident program
- An official transcript directly from your school or university
- Two letters of recommendation from teachers, college professors, or employers.
If e-mailing, please state “Summer Internship” in the subject line.
- Academic Year/Semester Internship: AIER is fostering relationships with a variety of area schools to provide unpaid internships during the academic year to students interested in economics, finance, business or related fields. These internships require students’ presence on the AIER campus in Great Barrington, MA, one day per week during the semester. AIER supports the award of academic credit for the internship. To obtain an academic credit, contact your school/college internship office.
APPLICATION DEADLINE: August 1 for the Fall semester; December 1 for the Spring semester.
AIER does not sponsor visa applications for foreign nationals. However, foreign nationals are welcome to apply if they are enrolled in a U.S. degree granting institution, have CPT or OPT, or have employment authorization in the United States.
AIER is an equal opportunity employer.
To apply, send a letter stating your research interests to the address below. If e-mailing, please state “Academic Year Internship” in the subject line.
Fax: (413) 528-0103
Mail: Intern Coordinator
American Institute for Economic Research
PO Box 1000
Great Barrington, MA 01230-1000