Mel Beaman Student Programme

A professional mentoring scheme for Year 12s from areas of lower social mobility

About

Applications are closed but will reopen in 2026.

The Mel Beaman Student Programme offers: 

  • a year of mentoring
  • four days of hybrid work experience
  • an opportunity for one student from the cohort to receive a bursary of up to £10,000

It is aimed at young people who live in areas of lower social mobility. In 2025, we focused on students in the Leeds area who have recently taken their GCSEs and are coming to the end of their full-time education (ie in Year 12 and between 16 and 17 years old).

Further details are set out below.

Mentoring

  • online monthly mentoring and coaching over a 12-month period
  • one-to-one contact with a Bank employee who can acts as role model/mentor
  • mentor will guide students through key milestone events such as CV preparation and further education application processes
  • mentoring sessions will include master classes and career stories from senior members of the Bank

Work experience

  • two days in the Leeds office offering opportunities for face-to-face networking, as well as two days virtual work experience, intended to replicate hybrid working
  • a blended provision of online presentations and group exercises

Bursary 

  • the selected student could receive up to £10,000
  • they can use it to help with costs for higher education or relocation for an apprenticeship
  • there is a minimum educational requirement of three Cs at A level
  • students must have a household income of £30,000 or less

Background

The Bank has set up this programme in memory of Mel Beaman, who passed away suddenly in 2023. She made significant contributions to the Bank throughout her career and to our social mobility agenda. Mel mentored colleagues as she developed her career and spoke openly about her background to encourage others’ ambitions.

Eligibility

Evidence from the Social Mobility Independent Commission shows that the financial services sector has lower levels of diversity of socio-economic backgrounds.

To be eligible for the 2025 programme, applicants had to:

  • live in the Leeds area, ie the local authorities of Leeds, Bradford, Kirklees, Calderdale, Wakefield, Selby, York, Harrogate and Craven
  • be able to commute to the Bank’s Leeds office for the hybrid work experience – we will cover expenses
  • be in Year 12 when they applied
  • attend, and have always attended, a state-funded (non-fee paying) school or college in the UK
  • have at least five GCSEs at grade 4 including English and maths
  • be or have been eligible for free school meals while at secondary school
  • have a maximum household income of £30,000  

Applications are closed.

  • By applying to the Mel Beaman Student Programme the Bank of England (‘we’ or the ‘Bank’) collects personal data about you. This information includes contact details, educational background and other socio-economic data that’s required to assess applications against the programme’s eligibility criteria. 

    If your application is successful, we may also collect additional information that’s necessary for your enrolment and participation in the programme. 

    It is within our legitimate interests to process your personal data for the purposes of assessing applications and administering the programme. 

    We will keep your personal data for the duration that is required to meet our purposes, after which it will be securely disposed.  

    You have a number of rights under data protection laws. For example, you have the right to ask us for a copy of the personal data the Bank holds about you.  This is known as a ‘Subject Access Request’. You can ask us to change how we process or deal with your personal data, and you may also have the right in some circumstances to have your personal data amended or request that we no longer use your personal data and have it deleted. 

    To contact us about your privacy rights, or to find out more about how the Bank protects the privacy of the individuals whose data we process and to contact the Bank’s Data Protection Officer, please see Privacy and the Bank of England.

This page was last updated 07 January 2026