The first stage
This is your first step, and it starts with a short registration section. This will make sure you’re eligible for the programme you’re applying for, and it could save you a lot of time.
On the application form you'll be able to tell us about your education and work experience. Your application answers will be considered throughout the process and will help us to gain important insight into your strengths and motivation as a candidate. Your application will be viewed throughout the process so please take time and consideration when preparing your answers to our motivation questions.
For applications to the Graduate Development Programme, you will need to select a stream of the programme to apply for. Take a look here for more guidance on your options. Please note, you will only be enrolled into one of our programmes if successful – even if you apply for a few.
Please ensure you’ve read the application criteria under Our Programmes before applying. You’ll be assessed based on your year of study and, if you join as an intern or Industrial Placement student, you might even get to convert to the Graduate Programme or further internships.
A note for international applicants: to convert your international qualifications into UCAS points for our application form, please use this online tool. When submitting your application please summarise your qualifications in the free form text box at the end of the application form.
You will be required to complete a Situational Judgement Test. During this test, you will be presented with various scenarios that reflect working life at the Bank of England and for each one you are asked what you would do. Through this test we are measuring how closely you are aligned to our culture and ways of behaving, and therefore how good a fit you would be for a role with us.
For a thorough guide to these tests, as well as advice, please view our guidance document.
Next you will be asked to answer five questions using our video interview portal. We will be looking at your compatibility with our behaviours, knowledge of what we do and the climate in which we are operating, as well as your reasons for applying to our programme. In preparation think about what your key skills and strengths are, examples of when you might have demonstrated these, and how they might be relevant to the role you are applying for.
We won’t be behind the camera in real-time, so your response to each question will be recorded and reviewed by us later. After each question is asked you will have a short period of time to think about your response before the recording begins. All of the questions have a set time limit and you must try to ensure that your answer is complete before the time elapses, as the recording will end even if you have not concluded your response. Therefore, try to make your answers well-structured and succinct, as you will not be able to re-record them a second time.