12 weeks
Length of programme
Flexible
Start date
Leeds or London
Location
£27,000 to £30,000
Allowance*
About the programme
This is designed for PhD students looking to carry out innovative, policy-relevant research and to find out more about what it is like to work in a policy institution.
*Allowance: £30,000 (London) and £27,000 (Leeds) pro rata
Applications for 2027 opportunities are open and will close at 12pm (midday) GMT on Monday 11 January 2027.
How could you develop?
This programme will offer you an invaluable opportunity to gain experience in economic analysis, policymaking and research at a central bank.
You will have the opportunity to work on a live research project, working with Bank researchers. You will see first-hand how we conduct research and use it to make policy.
While your exact research topic will be at our discretion, we will seek to align it with your interests and skills, and give you scope to shape the project. You will be able to present your research, either your own existing projects or your internship project, and engage with researchers and policymakers from around the Bank.
The hiring areas for 2027 are:
- Monetary Analysis
- Financial Stability Strategy and Risk
- International
- Prudential Policy
- Authorisations, Regulatory Technology and International Supervision
Entry requirements
To apply, you must be studying for a PhD in any subject relevant to central bank policymaking.
PhD Research Programme
Three years
Length of contract
Flexible
Start date
Leeds or London
Location
£54,000 to £60,000
Salary per annum
About the programme
This is for recent PhD graduates with a desire to carry out and publish innovative, policy-relevant research, and to contribute to live central bank policymaking.
Applications for 2027 opportunities are open and will close at 12pm (midday) GMT on Monday 23 November 2026.
How could you develop?
This is a permanent position, of which the first three years are spent on the programme. Researchers on the programme work in one of our policy areas, and spend at least half of their time producing, publishing and disseminating research that is relevant to the Bank's policy and research agendas.
Our large community includes researchers from a range of disciplines, with a common interest in issues relevant to central bank and public policymaking.
Our economists enjoy a rich and stimulating environment, have close engagement with policymakers and make a key contribution to policy analysis.
We offer excellent training opportunities to expand researchers' technical skills and knowledge and to help them develop the skills to maximise the policy impact of their work. As a large central bank, we provide large computing resources and have unique, rich and novel datasets.
We have active seminar programmes and host high-profile international conferences – providing a well rounded experience for you.
Entry requirements
To apply, you must hold a PhD in any subject relevant to central bank policymaking.
This year, we are looking for applicants with research skills in international macroeconomics, open economy macroeconomics and international finance. Although these are the skills we are prioritising in 2027, as our recruitment needs often evolve, we would also welcome applications from any other discipline relevant to central bank policymaking
This page was last updated 29 October 2026