Students and recent grads

Discover career-launching opportunities designed for students and recent graduates across a wide range of fields.

You belong on our team

We hire students who are still in school as well as recent graduates and soon-to-be graduates from diverse academic and professional backgrounds. 

Our solid reputation and exceptional development programs make your professional growth a priority. Working at the Bank of Canada, you will gain real-world experience while building a professional network. 

Check out our current postings, upload your resume, set job alerts and more. 

Opportunities for students

Scholarships 

Our Scholarship Award for Post-Secondary Students and Master’s Scholarship Award for women in economics help foster a diverse and talented workforce. These scholarships provide financial assistance to students pursuing post-secondary education. 

Student work programs 

We provide hands-on experience through student positions, giving college and university students a chance to contribute meaningfully to our work while receiving mentorship and guidance along the way. 

Positions are typically for four-month terms. We hire students year-round for these terms:

  • Summer term (May–August): Applications open in January 
  • Fall term (September–December): Applications open in May 
  • Winter term (January–April): Applications open in August 

If you are enrolled in a co-op program, before applying you must confirm with your school’s co-op office that our position meets the requirements for your program placement. 

Governor's Challenge 

The annual Governor’s Challenge is a university competition puts students in the role of advisor to the Bank’s Governing Council. The aim is to increase students’ understanding of how monetary policy impacts Canada’s economy.

Internship opportunities

Master’s internships 

Graduate students studying economics or finance can launch their careers by participating in master’s internships at the Bank. These internships are designed to provide hands-on experience while contributing to both the student’s academic progress and the hiring department’s mandate. This dual focus ensures a beneficial experience for both the student and the organization.

Master’s internships are designed to be flexible to accommodate your academic schedule; most terms start in the spring.

PhD internships 

We offer unique opportunities for PhD students specializing in economics, finance or other related fields. As a PhD intern, you will spend two to four months working on your dissertation and presenting and promoting your research at the Bank. You will benefit from a wide range of resources that foster academic and professional success. You will also have the chance to build valuable professional relationships. This includes networking with Bank researchers and engaging with visiting external academics.

The experience, exposure and connections you gain during your internship will position you well for future career opportunities. These may include the possibility of a continued role at the Bank.

PhD internships are designed to be flexible to accommodate your academic schedule; most terms start in late winter or early spring.

Opportunities for recent or soon-to-be graduates

Cybersecurity graduates

Have you completed a college or university degree in cybersecurity within the past two years? If so, you may be ready to launch your career with an organization at the forefront of cybersecurity innovation. Our cyber team is always looking for emerging talent to help advance our mission to keep Canada’s economy safe and secure.

As a recent cybersecurity graduate, you will gain hands-on experience while contributing meaningfully to strengthening the Bank’s security posture. Depending on the role, you may:

  • support security operations
  • analyze cyber threats and events
  • help design and automate security processes
  • enhance employee cybersecurity awareness and readiness
  • optimize security controls across the organization

Throughout the program, you will be part of a mission-driven team where your work has a real impact. Your growth and development are a priority.

We hire recent cybersecurity graduates year-round, with opportunities posted as they become available.

Recruitment campaigns

Each year, we invite applications from outstanding recent and soon-to-be graduates in economics and finance. By joining us, you become part of a dynamic community of more than 120 researchers and policy experts with doctoral degrees who drive our mission through innovative research and robust policy analysis.

We run our main recruitment campaigns twice a year, in September and February. If you applied during the fall campaign, there’s no need to apply again to the February posting; your application will automatically be considered part of the winter campaign.

Position start dates can vary depending on the availability of candidates and the hiring teams’ needs. This flexibility allows us to align opportunities with both your schedule and the needs of the Bank.

Types of positions

Research assistants

As a research assistant, you will support economists and teams through data analysis and research activities that inform policy-relevant work.

Research assistant positions are typically offered for up to two years and provide valuable experience and a solid foundation for future career steps. Participants often go on to pursue graduate education, building on the skills and insights gained during their term at the Bank. 

Bachelor’s degree candidates (who have graduated in the past two years or are in their final year of study) are eligible to apply for a research assistant position. Selected individuals will be invited to participate in virtual interviews held in November.

Economists and analysts 

As an economist or analyst, you will use your advanced training in economics or finance to shape analysis and insights that inform research, policy and decisions central to the Bank’s mandate.

Master’s degree candidates (who have graduated in the past three years or are in their final year of study) are eligible to apply for a position as an economist or analyst. Selected individuals will be invited to participate in two rounds of interviews in October and November. 

Senior economists and senior financial sector specialists and analysts

As a senior economist or senior financial sector specialist, you will apply deep subject matter expertise and advanced research skills to lead complex analysis, influence policy development, mentor others and contribute expert judgement to advance the Bank’s understanding of key economic and financial system issues.

PhD candidates (who have successfully defended their thesis in the past 10 years or who are in the final stages of their degree—near dissertation defense) are eligible to apply for a position as a senior economist or senior financial sector specialist or analyst. Selected individuals will be invited to participate in various rounds of interviews from November through February.

Growing in your research career at the Bank

Early career development

In your initial years, you are expected to develop a research agenda aimed at producing publishable work in leading journals. You will also contribute to analytical work on policy questions.

Research plan 

Leading-edge economic research and analysis is at the heart of policy-making at the Bank. Our researchers develop deep expertise through long-term research and analytical projects on topical policy questions. 

We seek expertise across a wide range of fields, including:

  • theoretical and applied macroeconomics
  • international macroeconomics and trade
  • international finance and empirical banking
  • banking and payment theory
  • asset pricing
  • econometrics
  • empirical microeconomics
  • industrial organization
  • economic applications of data science 

Find out more about our current research priorities.

Research support and environment

The Bank fosters an active and engaged research environment where employees are encouraged to discuss ideas and projects with colleagues and the broader research community. A wide range of resources are available to support research and analytical work.

Career paths

We are committed to supporting employee growth and development. Clear career paths are outlined in both policy and research streams, and mobility is encouraged between these streams.

Employees may pursue either the policy-focused or the research-focused career path. While both groups contribute to policy analysis, those on the research path are expected to maintain an active research agenda targeted at publishing in leading journals.

The Bank actively fosters career progression and professional development ensuring employees have opportunities to advance both within their chosen stream and across different roles. Our commitment to mobility allows team members to explore new challenges and grow their expertise, whether they are moving upwards in their current path or transitioning between policy and research streams. This supportive environment empowers our staff to build fulfilling careers while contributing meaningfully to our mission. 

Find out more

We celebrated 10 years of the Governor’s Challenge this year! In the past decade, the Governor’s Challenge has empowered students across Canada to play the part of monetary policy advisors.

On this page
Table of contents