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Reserve Bank of Australia

  • 1,000 - 50,000 employees

Reserve Bank of Australia Graduate Programs & Internships

  • Government & Public Service

To us, our core values – promotion of the public interest, integrity, excellence, intelligent inquiry and respect – guide everything we do. Our people have a genuine interest in promoting the wellbeing of all Australians and are committed to diversity and inclusion and we aim to ensure that all employees are treated with dignity and respect in all that we do, and that they experience equal opportunity throughout their careers.

We know how important it is that our people feel supported both at work and outside of work. A healthy body and mind is essential, but we also know what that means looks different to everyone. In support of this, we offer a range of vibrant health and wellbeing opportunities and initiatives.

We are committed to providing the tools, resources, and initiatives that you need to achieve success and fulfilment in your career. 

Our Intern and Graduate Programs

Our industry-recognised programs launch your career and enable you to make a difference in the lives of all Australians at the same time.

Graduate streams include:

  • Economics and Finance (Policy)
  • Information Technology
  • Audit
  • Finance
  • Business Services Group

Starting your career at Australia’s central bank will give you the opportunity to make a difference in the lives of all Australians. All of our employees, including graduates, share the common goal of working together to promote the economic prosperity and welfare of the people of Australia.

Our two-year Graduate Development Program offers comprehensive training, coaching and development in a supportive environment. It allows you to undertake meaningful work from day one and to apply the knowledge acquired at university in challenging real-world situations.

Economics and Finance

Economics and Finance Graduates complete rotations in the following areas:

  • Economic Group
  • Financial Markets Group
  • Payments Policy
  • Financial Stability
  • Risk and Compliance
  • Note Issue.

From day one, our graduates and interns take on meaningful work. On any day this might be:

  • key trends analysis
  • preparing briefing notes
  • researching developments in financial markets,
  • or even analysis for the monthly monetary policy meeting.

Information Technology

Our IT teams are responsible for designing, transforming and developing the core IT functions that support our policy, operational and corporate objectives.

Many of our core system software applications have been developed in-house, including those pivotal to Australia's banking and financial systems. Our critical infrastructure and applications are maintained by our employees and graduates have the opportunity to work on a diverse range of projects that impact the lives of all Australians.

Graduates with technical and non-technical skills are well suited to IT roles at the RBA. We offer outstanding opportunities to:

  • work hands-on with leading-edge technologies within industry-aligned frameworks
  • be part of a team that embraces innovation
  • and to work closely with the banking industry, Commonwealth government and foreign central banks.

The two-year IT Graduate Development Program offered comprises rotating six-monthly placements, comprehensive training, coaching and development of industry skills and technical and non-technical career pathways.

Rotating through different fields gives graduates exposure to different areas of the Bank including:

  • Cyber Security
  • Enterprise Architecture
  • Project Management
  • Data Technologies
  • Software Development
  • Business Analysis
  • Banking & Currency Systems
  • Cloud Platform Engineering and Infrastructure
  • IT Policy and Markets
  • Network Services
  • Strategy and Governance
  • Change Management

Summer Internship Program

Our Summer Intern Program is an excellent opportunity for high-achieving students to get the first-hand experience of what it is like to work in Australia's central bank. The Program provides work experience and financial support during the final year of study to students who show potential to become successful graduates at the RBA.

We look for a high level of analytical skills and a genuine interest in working for an institution that makes a difference to the lives of all Australians. Applications are accepted from 3rd year (or equivalent) students majoring in economics, finance, or related areas such as mathematics and statistics who intend to complete honours or similar research-based programs.

Initially, we offer successful candidates a paid eight-week work placement over the summer. As an intern, you will be supported as you undertake project work that culminates in a research paper that is presented to your peers and senior staff.

For more information on our programs please visit www.rba.gov.au/grads

Recruitment Process

Our application process includes:

  • Formal Application with CV, covering letter and academic transcripts.
  • Online Assessment Centre including SHL testing.
  • In-person interview with motivational and technical questions.

Remuneration & Career Growth

Benefits package includes:

  • Health Insurance or Cash equivalent
  • 15.4% superannuation with the ability to cash out amount above SG.

 

Jobs & Opportunities

Locations With Jobs & Opportunities
  • Positions are located in Sydney Head Office
Hiring candidates with qualifications in
B
Business & Management
E
Engineering & Mathematics
H
Humanities, Arts & Social Sciences
I
IT & Computer Science
L
Law, Legal Studies & Justice
S
Sciences
Current Jobs & Opportunities

Graduate Job

Sydney
The 2025 Graduate Development Program in Information Technology is designed to support the development of emerging IT professional talent.
Applications Close
7 Feb 2025
Start Date
8 Feb 2025
Salary
AUD 86,000 - 89,000 / Year

Graduate Success Stories


  • Graduate stories
Part of being on the team is having “crazy” ideas about how software could be applied to an area and being given the time to test it out.

James

  • Graduate stories
Part of being on the team is having “crazy” ideas about how software could be applied to an area and being given the time to test it out.

James

  • Graduate stories
It feels even better when stakeholders recognise how clear my explanation is!

Faith

  • Graduate stories
It feels even better when stakeholders recognise how clear my explanation is!

Faith

  • Graduate stories
Part of being on the team is having “crazy” ideas about how software could be applied to an area and being given the time to test it out.

James

  • Graduate stories
Part of being on the team is having “crazy” ideas about how software could be applied to an area and being given the time to test it out.

James

  • Graduate stories
It feels even better when stakeholders recognise how clear my explanation is!

Faith

  • Graduate stories
It feels even better when stakeholders recognise how clear my explanation is!

Faith

Upcoming Events


  • May
  • 02
  • 04
Australian Signals Directorate (ASD)

2024 VCE and Careers Expo

Thu 2 May 2024, 9:00am - Sat 4 May 2024, 3:00pm

Australia's biggest education and careers event is now in its 32nd year in a NEW, BIGGER VENUE!

  • May
  • 30
  • Jun
  • 01
Australian Defence Force

2024 HSC and Careers Expo

Thu 30 May 2024, 9:00am - Sat 1 Jun 2024, 3:00pm

Come and join us as HSC and Careers Expo celebrates its 16th year in 2024! Make sure to buy your tickets ahead of time and save the date to your calendar.