DescriptionPostgraduate Year Internship
About the programme
This internship is designed for students in their final year of their undergraduate degree, or first year of a 2-year masters. It runs for 8 weeks over the summer before you start your masters, or go into your final year of your masters.
Fact box
- Length of contract: 8 weeks
- Start date: End-June
- Application and close date: Applications for 2025 opportunities are now open and close at 12pm (midday) GMT on Monday 6th January
- Location: London offices (hybrid)
- Salary: £98.08 per day
Is this route for you?
This programme could be right for you if you are:
- keen to learn about what we do and gain practical experience
- eager to gain a unique insight into the workings of the UK’s central Bank
- Looking to build your network and find out more about graduate opportunities.
To apply for this internship you must meet the below entry requirements:
- You should be in the final year of your undergraduate degree and planning to study a masters in Economics or Finance upon completion. Or you should be in your first year of a 2 year masters in Economics or Finance.
- Expecting or have achieved a 2.1 degree classification in your undergraduate degree.
- Achieved 120 UCAS points from 3 A-Levels (or equivalent).
How could you develop?
We’ll assign you to a team where you will work on a specific project, working closely with economists or analysts to collect and analyse data.
You’ll learn more about our role in the economy and gain ‘on-the-job’ skills. You’ll also have the opportunity to learn more by attending talks and networking events.
When you apply we’ll ask if you have any specific areas of interest. Please note this is just an expression of interest, you are not applying to a specific area.
If you’re successful, you could be allocated to one of the following areas:
- Monetary Analysis
- International
- Financial Market Infrastructure
- Financial Stability Strategy & Risk
- Prudential Policy
If your performance is outstanding, we may consider you for a place on our Graduate programme.
Our Approach to Inclusion
The Bank values diversity, equity and inclusion. We play a key role in maintaining monetary and financial stability, and to do that effectively, we believe we need a workforce that reflects the society we serve.
At the Bank of England, we want all colleagues to feel valued and respected, so we're working hard to build an inclusive culture which supports people from all backgrounds and communities to be at their best at work. We celebrate all forms of diversity, including (but not limited to) age, disability, ethnicity, gender, gender identity, race, religion, sexual orientation and socioeconomic status. We believe that it’s by drawing on different perspectives and experiences that we’ll continue to make the best decisions for the public.
For most roles where work can be carried out at home, we aim for colleagues to spend half of their time in the office, with a minimum of 40% per month. Subject to that minimum requirement, individuals and managers should work together to find what works best for them, their team and stakeholders.
Finally, we're proud to be a member of the Disability Confident Scheme. If you wish to apply under this scheme, you should check the box in the ‘Candidate Personal Information’ under the ‘Disability Confident Scheme’ section of the application.
National Security Vetting Process
Employment in this role will be subject to the National Security Vetting clearance process (and typically can take between 6 to 12 weeks post offer) and the passing of additional Bank security checks in accordance with the Bank policy. Further information regarding the vetting and security clearance requirements for the role will be provided at offer stage for successful candidates. Information about how the Bank processes personal data for these purposes, is set out in the Bank's Privacy Notice - https://www.bankofengland.co.uk/legal/privacy
The Application Process
Important: Please ensure that you complete all details in the application form including education, work history and all job specific questions. Your application will not be considered if all mandatory questions are not fully completed. For Future Talent applications, CVs and cover letters are not reviewed as part of the application process.
The assessment process will comprise of 4 stages: online application, situational judgement test, video interview and a virtual assessment centre.
