If you are due to finish school, university is far from your only option. Our Degree Apprenticeships could be the ideal solution for you if you are:
- Keen to start your career and earn a salary
- Concerned about university fees
- Going to benefit from a fully funded degree
- 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 designed this 39 month programme to help talented people get started in their careers, whilst having the opportunity to study towards a fully funded degree at the same time.
About the Programme
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 undergraduate degree apprenticeship with a reputable university. The degree 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 towards a degree 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 Capability Development Team who is there specifically to support you throughout your programme.
If you are interested in the Bank’s Degree Apprenticeships, the next step is to choose between the following opportunities:
Digital and Technology Solutions
We are responsible for technology that tracks all bank notes in circulation, records gold in the vaults, manages the Real Time Gross Settlement system that settles some £575 billion sterling payments and securities every day, and defends us from cyber-attacks. We can put you right at the cutting edge of these developments - as you’d expect, working here would give you exposure to experts in the field and provide a wide range of opportunities from development of systems that underpin our economy, to working on high profile projects. We have partnered with the University of Exeter, who will provide you with quality tuition as you study towards your undergraduate degree.
If you are successful in securing a place on this programme, you will be allocated to Technology.
York St John University Data Science Degree Apprenticeship aims to develop multi-skilled data scientists that can engage with audiences and demonstrate insights that make the organisation they work for more agile, innovative and effective. Modules will include: statistics and data analysis, computer science, mathematical foundations, modelling and systems, artificial intelligence, communication and visualisation, applications and business context. Study is over a three year period (plus an end-point assessment) leading to a BSc in Data Science. This is delivered through a blend of block teaching weeks and online learning. Learners will be supported with an academic tutor, work-place mentor and a client relationship manager to ensure that both the employer and the apprentice are kept well informed and supported. If you are successful in securing a place on this programme, you could be allocated to one of the following areas: Financial Market Infrastructure (FMI), UK Deposit Takers Division (UKDT) and Data and Statistics Division (DSD).
The University of Kent’s School of Economics deliver the Economics degree and the Apprenticeship. The Degree Apprenticeship is geared to the needs of those working as economists in the private and public sectors. The curriculum covers all of the core material included in a UK Economics BSc degree. However, the distinctive nature of the programme is the applied, data based practical approach to the teaching and learning of analytical economics, and the development of the important skills of planning, team working, adaptability and leadership.
The programme is based on interactive e-learning, on and off-site academic learning and support, and annual residential weeks at the University of Kent Canterbury campus. If you are successful in securing a place on this programme, you could be allocated to one of the following areas: International Banks Supervision Division (IBD), Prudential Policy Division (PPD) and UK Deposit Takers Division (UKDT).
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 Digital, Technologies and Solutions Degree you will need a minimum of five GCSEs at C and above, including English and Maths, and at least 136 UCAS points (either passed or predicted) from up to three A Levels or equivalent using the 2017 UCAS Tariff System.
To apply for the Data Science Degree you will need a minimum of five GCSEs at C and above, including English and Maths, and at least 104 UCAS points (either passed or predicted) from up to three A Levels ( with A Level Maths at grade B or above) or equivalent using the 2017 UCAS Tariff System.
To apply for the Economics Degree, you will need a minimum of five GCSEs at C and above (including English) with GCSE Maths at grade B or above, and at least 120 UCAS points (either passed or predicted) from up to three A Levels or equivalent using the 2017 UCAS Tariff System.
Min of 5 GCSEs at 5 or better with a minimum of 6 in GCSE Maths and 4 in English Language, CCC from 3 A Levels if including Maths, BCC otherwise.
We are committed to nurturing a diverse and inclusive workforce, so we welcome applications from candidates with all backgrounds.
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 hints and tips about how to do well from the initial application form all the way through to our assessment centres. You’ll find it all on our advice page.
We believe our programmes are focused on students at different points in their academic life and so are not expecting applicants to apply for more than one programme. To that end, your first application will be accepted and any duplicates will be rejected.
If you have a situation that you believe you would like to be considered for more than one programme in any given year, please email the Bank of England Team at Penna for further discussion about your circumstances.
Applications are currently open and will be closing 2 March 2020 at 12:00pm (GMT).