Our programmes

Start your career with us whether you are a school leaver, graduate or looking for an internship. Build your skills and experience on one of our programmes.

Programmes

  • If you are due to finish school, university is far from your only option. Our Level 4 Apprenticeship Development Programme could be the ideal solution for you if you are:

    • Keen to start your career and earn a salary
    • concerned about university fees
    • looking to develop your business and technical skills in the heart of the City
    • eager to gain a unique insight into the workings of the UK’s Central Bank

    We have designed this 18-month programme to help talented individuals get started in their careers, and it could see you grow in a number of key roles.

    About the Programme

    Salary: £22,500

    Length: 18 months

    Applications are currently closed but you can register your interest for our 2025 opportunities.

    You will start the programme with a formal introduction to the various areas of the Bank and training sessions on essential skills. You’ll have a full induction to the Bank on joining, and will get the opportunity to find out more about the vast and varied array of work we undertake here every day.

    Alongside this, you will be enrolled on a part-time Level 4 Apprenticeship. The Apprenticeship will provide you with the theoretical knowledge that will complement the skills and invaluable on-the-job learning that you will gain whilst working here.

    Studying whilst working can sound challenging. As part of the programme, you will be given dedicated study leave and the support of your local Line Manager to ensure you have sufficient time and support to balance your studies with your work. The Bank also has a dedicated Future Talent Team who are there specifically to support you throughout your programme.

    If you are interested in the Bank’s Level 4 Apprenticeship Development Programme, the next step is to choose between the following streams: 

    Level 4: Data Analyst 
    If you have a passion for collecting, organising and studying data, this Apprenticeship could be for you. If successful, you could be allocated a role within one of the following areas: Notes, Data Analytics Transformation or Financial Stability Strategy & Risk. 

    Level 4: Business Solutions Expert
    If you enjoy problem solving and business change, this Apprenticeship could be for you. If successful, you could be allocated a role within one of the following areas: Technology or Authorisations, RegTech & International Supervision. 

    Level 4: Professional Accounting (CIMA)
    If you’re looking to build appropriate and valuable skills to operate as an accounting professional in the future, this Apprenticeship could be for you. If successful, you would be allocated a role within Finance & Performance.

    Level 4: Associate Project Manager
    If you have a passion for project management and delivery, this Apprenticeship could be for you. If successful, you would be allocated a role within Strategic Change & Operations. 

    Level 4: Investment Operations Specialist
    If you want to gain a deep knowledge of securities settlements in a fast moving environment, this Apprenticeship could be for you. If successful you would be allocated a role within Central Banking Operations. 

    Level 4: Regulatory Compliance
    If you’re interested in gaining experience in the regulatory and contractual compliance associated with note issuance, wholesale cash distribution and banknote key supplier governance, this Apprenticeship could be for you. If successful, you would be allocated a role within Notes. 

    Who are we looking for?

    We want people who are eager to learn and serious about building a career at the heart of the UK economy. You will also need to know what we do, share our purpose, and be genuinely motivated to join the Bank of England.

    To apply for the Level 4 Apprenticeship Development Programme you will need at least five GCSEs at C (4), including English and Maths. You’ll also need to have achieved or be predicted at least 72 UCAS points from up to three A Levels or equivalent.

    We are committed to nurturing a diverse and inclusive workforce, so we welcome applications from candidates with all backgrounds.

    Application advice 

    We know that application processes can be a little daunting at first, and we want to make sure you are ready to perform to your best. Therefore, we have put together some useful information about the process from the initial application form all the way through to our assessment centres. You’ll find it all on our ‘how to apply’ page.

    Each of our programmes are designed for students who are at different stages in their studies. So please don’t apply for more than one programme as we’ll only consider your first application.

    If you would like to be considered for more than one programme in any given year, please email the Bank of England Team at Penna before you apply.  

  • When you finish school, university is far from your only option. Our Degree Apprenticeship Development Programme could be the ideal solution for you if you’re:

    • keen to start your career and earn a salary 
    • concerned about university fees
    • would like to study for a fully funded degree
    • looking to develop your business and technical skills 
    • eager to gain a unique insight into the workings of the UK’s central bank

    We designed this 36 month programme to help talented people get started in their careers, while studying towards a fully funded degree (degree studies will continue post-programme and can take 4 years).

    About the programme

    Salary: £25,000

    Length: 36 months

    Applications are currently closed but you can register your interest for our 2025 opportunities.

    You'll start with an introduction to the different types of work we do and you’ll get training on essential skills.

    Alongside this, we’ll enrol you on a part-time undergraduate degree with a reputable university. Your studies will complement the skills and on-the-job learning you will gain with us.

    Studying while working can sound challenging. But you’ll get dedicated study time. And your line manager will help you find the right balance between your studies and work. Our Future Talent Team will also be on hand to support you.

    If you are interested in the Bank’s Degree Apprenticeship Development Programme, the next step is to choose between the following opportunities:

    Professional Economist

    If you have a passion for Economics and are driven by producing impactful economic analysis to drive decisions, this Degree Apprenticeship could be for you. We currently partner with the University of Kent to deliver this apprenticeship. Successful completion of the Apprenticeship will result in the award of BSc (Hons) Professional Economics.

    If successful, you could be allocated to one of the following areas: Markets, Financial Market Infrastructure, Data Analytics Transformation, Authorisations, Regtech & International Supervision, Insurance or Prudential Policy.

    Financial Services Professional

    If you are interested in building your knowledge and a career in the Financial Services industry, this Degree Apprenticeship could be for you. We currently partner with the University of Exeter to deliver this Degree Apprenticeship, which combines the Level 4 Investment Operations Specialist Apprenticeship and Level 6 Financial Services Professional Apprenticeship. Successful completion of the Apprenticeship will result in the award of BSc (Hons) Applied Finance, including CFA Institute Level 1. 

    If successful, you would be allocated to UK Deposit Takers Supervision.

    Data Science

    If you have a passion for Data Science and are interested in gaining a degree, incorporating maths, statistics, software engineering and communications, this Degree Apprenticeship could be for you. We currently partner with the Northeastern University to deliver this apprenticeship. Successful completion of the Apprenticeship will result in the award of BSc (Hons) Data Science. 

    If successful, you could be allocated to one of the following areas: Data Analytics Transformation, Financial Stability Strategy & Risk, Authorisations, Regtech & International Supervision or PRA Risk & Operations.

    Digital and Technology Solutions

    If you have a passion for Technology and are interested in the development of systems that underpin our economy, or working on high profile projects, this Degree Apprenticeship could be for you. You don’t need a background in computer science to work with us, we will support your passion for tech through in-role development and further training. We currently partner with the University of Exeter to deliver this apprenticeship. Successful completion of the Apprenticeship will result in the award of BSc (Hons) Digital and Technology Solutions.

    If successful, you could be allocated to one of the following areas: Technology or PRA Risk & Operations.

    Who are we looking for?

    We want people who are eager to learn and serious about building a career at the heart of the UK economy. You will also need to know what we do, share our purpose, and be genuinely motivated to join us.

    To apply for the Degree Apprenticeship Development Programme you will need at least five GCSEs at grade C (4), including English and Maths. You’ll also need to have achieved or be predicted three A-Levels at BBB (or equivalent). For the Professional Economist stream you will need GCSE Maths at grade B (or 7).

    We’re committed to nurturing a diverse and inclusive workforce. We welcome applications from candidates with all backgrounds.

    Application advice 

    We know that application processes can be a little daunting at first, and we want to make sure you are ready to perform to your best. Therefore, we have put together some useful information about the process from the initial application form all the way through to our assessment centres. You’ll find it all on our ‘how to apply’ page.

    Each of our programmes are designed for students who are at different stages in their studies. So please don’t apply for more than one programme as we’ll only consider your first application.

    If you would like to be considered for more than one programme in any given year, please email the Bank of England Team at Penna before you apply.  

    The JobCrowd top company for apprentices to work for 2023/24
  • About the Programme

    Length: 13 months

    Salary: £23,250 

    Applications are currently closed but you can register your interest for our 2025 opportunities.

    We’ve designed this programme to help talented people gain valuable work experience at the heart of the UK’s financial system. 

    First of all, we’ll introduce you to the different types of work we do. Then, you’ll work in a team, getting involved in our policy, research and operational work. You’ll also attend regular training and events with your fellow Industrial Placement colleagues.

    If your performance is outstanding, we may offer you a place on our Graduate Programme or Postgraduate Internship.

    Who are we looking for?

    We want people who are eager to learn and serious about building a career at the heart of the UK economy. You will also need to know what we do, share our purpose, and be genuinely motivated to join the Bank of England.

    To apply for the Industrial Placement Programme you must meet the below entry requirements:

    • Be studying any undergraduate degree that allows you to do a placement year
    • On target for a class 2.1 degree
    • 120 UCAS points from three A-Levels or equivalent (excluding General Studies) using the 2017 UCAS Tariff System. This is equivalent to 300 UCAS points using the pre-2017 UCAS Tariff System
    • You don’t already have a degree

    We are looking for people who enjoy working with other people and are:

    • open to diverse ideas and debate
    • quick learners
    • able to work with tools and data sources
    • able to set their own targets, meet tight deadlines and use their own initiative

    We are committed to nurturing a diverse and inclusive workforce, so we welcome applications from candidates with all backgrounds.

    Where you could work

    If you are interested in our Industrial Placement Programme, we will ask you to choose from the following opportunities:

    Operations

    This is our generalist scheme. It is open to students from any degree discipline. 

    If successful, you could be allocated to one of the following areas: Markets, Strategic Change & Operations, PRA Risk & Operations, Authorisations, Regtech & International Supervision, People or Governors.

    Data

    If you’re interested in data, this is for you. Our data scientists engage with audiences and demonstrate insights that make us more agile, innovative and effective. 

    Applicants are usually studying a degree that involves numeracy skills. If you apply for this role, we’ll ask you to do an online Excel test as part of the recruitment process.

    If successful, you could be allocated to one of the following areas: Data Analytics Transformation or Supervisory Risk Specialists.

    Economics

    Applicants for this role are usually studying an economics, finance or other numerical degree. To apply, you’ll need to complete an online Excel test as part of the recruitment process. 

    If successful, you could be allocated to one of the following areas: Monetary Analysis, Markets, Financial Market Infrastructure, Financial Stability Strategy & Risk, Prudential Policy or Independent Evaluation Office.

    Technology

    Get hands-on experience working with our technical experts and get involved in our projects. 

    You would work in our Technology division and your work could involve:

    • providing technology support to colleagues across our organisation
    • understanding their needs and suggesting technological solutions
    • developing and presenting reports on change projects

    You don’t need a degree in Computer Science to apply. 

    If successful, you could be allocated to Technology.

    Supervision

    This is open to students from any degree discipline. 

    This role involves supervising financial institutions such as insurance companies, banks and building societies.

    If successful, you could be allocated to one of the following areas: Supervisory Risk Specialists, Authorisations, Regtech & International Supervision or UK Deposit Takers Supervision

    Application advice

    We know that application processes can be a little daunting at first, and we want to make sure you are ready to perform to your best. Therefore, we have put together some useful information about the process from the initial application form all the way through to our assessment centres. You’ll find it all on our ‘how to apply’ page.

    Each of our programmes are designed for students who are at different stages in their studies. So please don’t apply for more than one programme as we’ll only consider your first application.

    If you would like to be considered for more than one programme in any given year, please email the Bank of England Team at Penna before you apply.

    The JobCrowd top company for apprentices to work for 2023/24
  • About the Programme

    Applications are currently closed but you can register your interest for our 2025 opportunities.

    Are you keen to learn about what we do and get some practical experience? 

    We offer paid internships to university students in their first and penultimate year and to those about to start their postgraduate study.

    You’ll join a supportive and inclusive work environment with lots of opportunities to develop your skills. 

    The Internship runs for fixed dates for either 6 weeks for First Year interns and 8 weeks for Penultimate and Postgraduate year interns. Dates for 2025 to be confirmed.

    First year internship

    Length: Six weeks
    Salary: £86.53 per day

    Applications are currently closed but you can register your interest for our 2025 opportunities.

    Who are we looking for?

    We want people who are eager to learn and serious about building a career at the heart of the UK economy. You will also need to know what we do, share our purpose, and be genuinely motivated to join the Bank of England.

    To apply for the First Year Internship you must meet the below entry requirements:

    • In your first year on any undergraduate degree
    • Expecting a 2.1 degree classification
    • 120 UCAS points from 3 A-Levels (or equivalent) 

    We are committed to nurturing a diverse and inclusive workforce, so we welcome applications from candidates with all backgrounds.

    What you'll learn?

    You’ll learn more about our role in the economy and gain ‘on-the-job’ skills. 

    We’ll assign you to a team and you’ll work on a specific project. 

    You’ll also have the opportunity to learn more by attending talks and networking events. 

    When you apply, we’ll ask you about your areas of interest. Find out more about what we do.

    If your performance is outstanding, we may consider you for a place on our Penultimate Year Internship or Industrial Placement program. 

    Penultimate year internship

    Length: Eight weeks
    Salary: £88.46 per day

    Who are we looking for?

    We want people who are eager to learn and serious about building a career at the heart of the UK economy. You will also need to know what we do, share our purpose, and be genuinely motivated to join the Bank of England.

    To apply for the Penultimate Year Internship you must meet the below entry requirements:

    • In your penultimate year of your first  degree
    • Any degree subject  
    • Expecting a 2.1 degree classification
    • 120 UCAS points from 3 A-Levels (or equivalent) 

    We are committed to nurturing a diverse and inclusive workforce, so we welcome applications from candidates with all backgrounds.

    What will you learn?

    You will learn about our role in the UK’s economy and gain valuable ‘on-the-job’ skills.  You’ll join one of our teams and support analysts, economists or supervisors.

    You’ll also have the opportunity to learn more by attending talks and networking events.

    When you apply, we’ll ask you about your areas of interest. Find out more about what we do.

    If your performance is outstanding, we’ll consider you for a place on our Graduate Programme or Postgraduate Internship. 

    Postgraduate internship

    Length: Eight weeks starting end of June 2024
    Salary: £92.30 per day

    Who are we looking for?

    We want people who are eager to learn and serious about building a career at the heart of the UK economy. You will also need to know what we do, share our purpose, and be genuinely motivated to join the Bank of England.

    To apply for the Postgraduate Internship you must meet the below entry requirements:

    • Completed an undergraduate degree and about to start a postgraduate degree in economics or finance
    • expecting a 2.1 degree classification
    • 120 UCAS points from 3 A-Levels (or equivalent) 

    We are committed to nurturing a diverse and inclusive workforce, so we welcome applications from candidates with all backgrounds.

    What will you learn?

    You’ll focus on a project, working closely with economists or analysts to collect and analyse data. 

    We’ll introduce you to what the Bank of England does and you’ll be able to attend talks and networking events.

    When you apply we’ll ask if you have any specific areas of interest. For more information about the areas which we recruit in, take a look at what we do

    If your performance is outstanding, we’ll consider you for a place on our Graduate programme.

  • About the Programme 

    Applications are currently closed but you can register your interest for our 2025 opportunities.

    If successful in receiving an offer to the Black Future Leaders Sponsorship Programme, you will be awarded with funding of at least £5000 towards living costs for 1 year at university (2024/25). You will also be offered the opportunity to join us next summer on a 6-8 week paid internship depending on your year of study (6 week for first year, 8 week for penultimate year).

    This programme offers an excellent opportunity to gain experience and contribute to work directly impacting the UK's economy. You will experience a bespoke development programme including mentorship, a comprehensive induction to the Bank, through to a range of talks and networking events. Our supportive and inclusive work environment will offer lots of opportunities to develop your skills.

    The Internship runs for fixed dates starting on Monday 24 June 2024 for either 6 weeks for First Year interns and 8 weeks for Penultimate year interns.

    Black Future Leaders First year Internship

    Length: Six weeks
    Salary: £86.53 per day

    Black Future Leaders Penultimate year Internship

    Length: Eight weeks
    Salary: £88.46 per day

    Who are we looking for?

    We’re looking for students from a Black/Black Heritage (including mixed) background with a household income of less than £50,778 a year. You will need to be in your first or penultimate year at university and be working towards a 2.1 degree classification. 

    If you are eager to learn, share our purpose and genuinely motivated to work for us, we would love to hear from you. We are looking for people who are collaborative, open to diverse ideas, quick learners and able to set their own targets. 

  • About the programme

    Length: 24 months

    Salary: £35,000

    Applications are currently closed but you can register your interest for our 2025 opportunities.

    Who are we looking for?

    Although there are some programmes which require specific degrees (our Economics, Postgraduate, Actuarial and Data programmes) there are many programmes where we welcome applicants with a degree in any field.

    We want people who are eager to learn and serious about building a career at the heart of the UK economy. You will also need to know what we do, share our purpose, and be genuinely motivated to join the Bank of England.

    To apply for the Graduate Development Programme you must meet the below entry requirements:

    • Expecting or have achieved a 2.1 class degree
    • 120 UCAS points from three A-levels or equivalent (excluding General Studies) using the 2017 UCAS Tariff System
    • Have less than two years relevant work experience
    • Any degree subject

    We are committed to nurturing a diverse and inclusive workforce, so we welcome applications from candidates with all backgrounds.

    What will you learn?

    You’ll gather and analyse information, take part in meetings, and start to develop the skills you need to become an expert analyst.

    We’ll give you a comprehensive introduction to what the Bank of England does and you’ll be able to attend talks and networking events.

    You'll have the chance to study for a Masters apprenticeship or other industry recognised qualifications.

    Our working environment is supportive and inclusive. You’ll join many other people on the graduate scheme, so it will be fun and sociable too. 

    We’ll ask you to apply for one of the following areas:

    Operations

    This is our generalist scheme. It is open to students from any degree discipline.

    If successful, you could be allocated to one of the following areas: Banking, Payments & Innovation, Markets, Resolution, Central Bank Digital Currency and Fintech, Notes, Data Analytics Transformation, Financial Market Infrastructure, Authorisations, Regtech & International Supervision or PRA Risk & Operations.

    Economist

    If you’re doing an undergraduate degree in economics or finance, this is for you. 

    If successful, you could be allocated to one of the following areas: Markets, Resolutions, International, Financial Market Infrastructure, Data Analytics Transformation, Financial Stability Strategy & Risk, Central Bank Digital Currency and Fintech, Authorisations, Regtech & International Supervision or Prudential Policy.

    Risk

    We will help you develop technical expertise in areas such as stress-testing, the Help to Buy scheme or wider market risks.

    If successful, you could be allocated to one of the following areas: Markets, Financial Market Infrastructure or Supervisory Risk Specialists.

    Data

    If you study a quantitative degree such as maths or engineering, this is for you. You’ll collect, compile and analyse data for publication.

    If successful, you could be allocated to one of the following areas: Risk, Data Analytics Transformation, Authorisations RegTech & International Supervision, Financial Stability Strategy & Risk, Prudential Policy or UK Deposit Takers Supervision.

    Technology

    Interested in technology? You don’t need a degree in computer science to work with us. We will support your passion for tech through in-role development and further training.

    If successful, you could be allocated to one of the following areas: Technology, Central Bank Digital Currency or Fintech.

    Supervision

    You can have any degree to become a supervisor. Your role would involve supervising financial institutions such as insurance companies, banks and building societies.

    If successful, you could be allocated to one of the following areas: Authorisations RegTech & International Supervision, Financial Market Infrastructure, Insurance Supervision or UK Deposit Takers Supervision.

    Postgraduate

    Your requirement for this stream is to be completing a Master’s degree in Economics or Finance.

    If successful, you could be allocated to one of the following areas: Monetary Analysis, Markets, International, Financial Market Infrastructure, Financial Stability Strategy & Risk or Prudential Policy.

    Application advice 

    We know that application processes can be a little daunting at first, and we want to make sure you are ready to perform to your best. Therefore, we have put together some useful information about the process from the initial application form all the way through to our assessment centres. You’ll find it all on our ‘how to apply’ page.

    Each of our programmes are designed for students who are at different stages in their studies. So please don’t apply for more than one programme as we’ll only consider your first application.

    If you would like to be considered for more than one programme in any given year, please email the Bank of England Team at Penna before you apply.  

  • About the programme

    • Salary: £35,000
    • Length: 42 months
    • Apply maths and statistics to real world problems
    • Build financial models and apply actuarial techniques to analyse business problems
    • Use core economic principles 

    Applications are currently closed but you can register your interest for our 2025 opportunities.

    Who are we looking for?

    We’re looking for someone who is about to graduate or has graduated in the last two years. You’ll need analytical skills and plenty of initiative, as well commitment to the role.

    To apply for the Actuarial Development Programme you must meet the below entry requirements:

    Entry requirements:

    • 2.1 in a numerical subject
    • 120 UCAS points using the 2017 UCAS Tariff System (this is equivalent to 300 UCAS points using the pre 2017 UCAS Tariff System)A-Level (or equivalent) in Maths at grade B or above

    What you’ll learn

    You’ll learn the business and technical skills you’ll need as you start your career. You’ll have the opportunity to work with the firms we regulate to make them safer and sounder. As part of your role, you’ll learn to assess risks, prepare reports and hold firms accountable. You’ll also qualify as a Fellow of the Institute and Faculty of Actuaries. We’ll support you through your professional studies with study leave, funding for study and a salary increase as you progress on the programme.

    The JobCrowd top company for graduates to work for 2023/24
  • Find out more: Read our introduction to the Trainee Solicitor Development Programme.

    Length: 30-months

    Salary: £39,000 

    Applications are currently closed but you can register your interest for our 2025 opportunities.

    Entry Requirements: 

    • GCSE English and Maths at grade C or above (new grade 4 or above) or English and Maths Functional Skills at pass.
    • Graduate with or predicted to obtain (from 2021 onwards*) a:
      • A 2.1 UK law degree; or
      • A 2.1 non-law degree plus a Postgraduate Diploma in Law (PGDL);
      • or law degree from a non-UK jurisdiction plus a PGDL.
    • Not completed LPC or SQE1.
    • UK citizen or holding another residence status which meets the Education and Skills Funding Agency’s eligibility criteria for apprenticeship funding.UK citizen or holding another residence status which meets the Education and Skills Funding Agency’s eligibility criteria for apprenticeship funding.
    • Must comply with any Solicitors Regulation Authority character and suitability requirements.
    • Those holding qualifications from educational institutions outside of the UK may need a statement of comparability.

    * If you have already achieved any of the above, it must have been achieved from 2021 onwards or you will be required to undertake the Law Essentials course at the start of the programme. 

    About the programme

    Join our award-winning legal team at the Bank of England. Gain on-the-job experience working at the heart of the UK’s central bank as you work toward your SQE assessments. You will spend 20% of your working week studying with our partner, the University of Law (ULaw), and the rest of it working within the Bank’s Legal Directorate.

    You will be exposed to a unique combination of public and private law issues. We work on legal matters related to areas such as financial services regulation, banking and payments, insolvency and restructuring, and litigation as well as the Bank’s activities as the UK’s central bank. 

    What you’ll gain

    • Earn as you learn.
    • Qualify as a solicitor at the UK’s central bank.
    • Paid-for course at the University of Law to prepare for the Solicitors Qualifying Exam (SQE1 and SQE2).
    • Work/study on an 80/20 basis to attend ULaw modules and receive study leave around exam periods.
    • Mix of six and twelve-month seats rotating across three or more divisions of the Legal Directorate: Central Banking, Financial Stability, Enforcement & Litigation, Insurance and Deposit-takers, and EU & International.
    • Access to a wide range of induction and training opportunities and support from a highly experienced legal team.
    • The Bank of England operates a hybrid working model – you will be based at our historic building at Threadneedle Street in the City of London and also be able to work from home some of the time.
    • When you have passed the SQE and completed the period of qualifying work experience, you will be eligible to become a solicitor registered with the Solicitors Regulation Authority (subject to meeting relevant character and suitability requirements) and to apply for jobs in the Bank as a newly qualified lawyer.
    • These positions are offered on a continuing contract basis, subject to successful completion of the SQE course.

    Are you who we’re looking for?

    The Bank values diversity and inclusion – we want the best people to work for us and we want our workplace to be inclusive. If you’re motivated to work for us, we would love to work with you. You should enjoy working with people and share our values of diverse ideas and open debate. We are an equal opportunities employer and we pride ourselves on being an employer of choice. We’re looking for people from all backgrounds and value diverse experience. We aim to have a workforce that represents the wider society that we serve.

  • Who should apply

    Recent PhD graduates with a desire to carry out and publish innovative, policy-relevant research, and to contribute to live central bank policymaking.

    Entry requirements 

    Hold (or expect to complete by end-2024) a PhD in any subject relevant to central bank policymaking.

    Length

    Permanent position, of which the first three years are spent on this programme. 

    Where you’ll work 

    In one of our policy areas, with at least 50% of your time spent on research, including time in our Research Hub.

    What you’ll learn

    You will develop your research skills, and make a key contribution to policy work in your area. We also offer excellent training opportunities, both to expand your technical skills and knowledge, and to help you develop the skills to maximise the policy impact of your work.

    Find out more 

    Read the PhD Research Programme job description.

    How to apply 

    Applications are currently closed but you can register your interest for our 2025 opportunities.

  • Who should apply

    Experienced researchers with a desire to carry out and publish innovative, policy-relevant research, and to contribute to live central bank policymaking. 

    Entry requirements

    • PhD in any subject relevant to central bank policymaking
    • Post-PhD work experience in academic or policymaking institutions

    Length

    Permanent position.

    Where you’ll work 

    In one of our policy areas, including time in our Research Hub. 

    What you’ll learn

    You will develop your research skills, and make a key contribution to policy work in your area. As an experienced researcher, you will have the opportunity to lead on policy and research work. You will also advise junior researchers based on your expertise.

    Find out more

    Read the Experienced Researchers job description.

    How to apply

    Applications are currently closed but you can register your interest for our 2025 opportunities.

  • Who should apply

    PhD students with a desire to carry out innovative, policy-relevant research, and to find out more about what it is like to work in a policy institution and apply your technical expertise to live policy questions.

    Entry requirements

    Currently studying for a PhD in any subject relevant to central bank policymaking.

    Length

    Typically 12 weeks.

    Where you’ll work

    You will be working with Bank of England researchers, either within one of our Policy areas or within the Research Hub.

    What you’ll learn

    This internship offers an invaluable opportunity to experience and contribute to economic analysis, policymaking and research, at a leading central bank. By working on a research project of live interest to the Bank, with Bank of England researchers, you will see first-hand how research is conducted and utilised within a policymaking institution. You will also be given an opportunity to present your research, and engage with researchers and policymakers from around the Bank.

    If successful, you could be allocated to one of the following areas: Monetary Analysis, Research Hub & Centre for Central Banking Studies, Markets, International, Financial Stability Strategy & Risk or Prudential Policy.

    Find out more

    Read the PhD Internship Programme job description.

    How to apply 

    Applications are currently closed but you can register your interest for our 2025 opportunities.

Our people

Meet the Interns

Marie Axt

University
Durham University

Degree Studied
Philosophy, Politics & Economics

Programme
Penultimate Year Internship

Business Area
Banking, Payment and Financial Resilience - Payment and Settlement Analysis

Callum Onyenaobiya

University
University of Warwick

Degree Studied
Computer Science

Programme
First Year Internship

Business Area
Financial Markets Infrastructure Directorate

Meet the Industrial placements

Max Capel

University
University of Bath

Degree Studied
Economics

Programme
Industrial Placement

Business Area
Monetary Analysis

Matthew Eaton

University
Cardiff University

Degree Studied
BSc Accounting and Finance

Programme
Industrial Placement

Business Area
Technology

Meet the Graduates

Zandy Adjirackor

University
The University of Manchester

Degree Studied
BSc Economics

Programme
Graduate Actuarial Programme

Business Area
Prudential Regulation Authority

Sabrina Brookfield

University
University of Aston

Degree Studied
IT Management for Business

Programme
Graduate Programme

Business Area
Information Security Division

Meet the Apprentices

Janet Siwoku

University
BPP Business School

Degree studying 
Chartered Management

Programme 
Degree Apprenticeship

Business Area
Technology

Ryan Lovelock

University
University of Exeter (via distance learning)

Degree Studying
BSc Digital and Technology Solutions

Programme
Degree Apprenticeship

Business Area
Financial Stability, Strategy and Risk

Meet the Sponsees

Kim Nyamushonongora

University
University College London

Degree Studies
Economics

Programme
Black Future Leaders Sponsorship

Business Area
FSSR

This page was last updated 12 March 2024