The Deutsche Bundesbank is a special type of bank. Together with the ECB and the other euro area central banks, we ensure a stable euro. To achieve this, as well as other central bank tasks, we need a diverse range of specialists in a wide array of areas in order for the institution to function. Join us and become part of a strong team of reliable and responsible individuals.
Internship in the “Macroeconomic Analysis and Projections” Division
The “Macroeconomic Analysis and Projections” Division analyses and forecasts macro-economic developments in Germany, contributes to the macroeconomic forecasts for the euro area and investigates structural aspects of the German economy.
Valuable work: Dein role with us
During your internship you will have the opportunity to contribute to one of various projects, possibly also as part of a master thesis or research paper:
macroeconomic analysis and forecasting models;
structural analyses of production potential, foreign trade and climate;
analysis of the business sector, especially with micro data, including productivity and digitalization;
labour market analyses including wage developments;
analysis of the German residential property market, e.g. using regional or survey data;
economic growth and structural issues;
labour market analyses including wage developments;
Bundesbank macroeconometric model;
inflation analysis and forecasting.
Unique assets: Deine skills and qualifications
Master or PhD students in economics, math or alike;
very good knowledge of economics and econometrics;
an interest in quantitative and empirical (macro- or microeconomic) methods and issues relating to macroeconomic, price and growth analysis or forecasting;
knowledge of Stata, R, Matlab, Dynare, Python or similar products (desirable);
very good command of written and spoken German or English;
Valuable work, generously rewarded
Remuneration and prospects
International work environment, varied tasks, targeted onboarding
New work
Home office opportunities, feedback-culture, friendly and respectful working atmosphere, working hours: 39 hours/week, flexible and predictable working hours, flexitime system with additional work compensated by time off in lieu
Extra benefits
Canteen, good transport connections (bus and train), central location
Interested in enriching our team?
Then we look forward to receiving your application. If you still have any questions that you would like answered before you apply, simply get in touch with the contact person(s) listed below.
For questions about the application process
For questions about the role
Anika Martin, 069 9566‑36390
anika.martin@bundesbank.de
Please use job ID 2026_0126_02 to apply by 13.03.2026 using our online application tool.
Diversity and equal opportunities are important to us. Where candidates are equally qualified for the position, preference will be given to applicants with a disability. The Bundesbank also promotes gender equality in the workplace, especially when filling leadership positions. We therefore particularly welcome applications from women.