PhDs

This internship 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.

• length of contract: 12 weeks
• start date: flexible 
• applications are closed but you can register your interest for our 2026 opportunities
• location: London offices (hybrid)
• salary: £103.85 per day

To apply for this internship you must be studying for a PhD in any subject relevant to central bank policymaking.

We are committed to nurturing a diverse and inclusive workforce. We welcome candidates from all backgrounds.

What to expect

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 of England researchers. You will see first-hand how we conduct research and use it to make policy.

Hiring areas can vary year on year but, in 2024, we recruited into: 

• Monetary Analysis
• Research Hub and Centre for Central Banking Studies
• Markets
• International
• Financial Stability Strategy and Risk
• Prudential Policy
• Data and Analytics Transformation

How you could develop 

While your exact research topic will be at the discretion of the Bank, 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.

This programme 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.

• length of contract: Three-year programme, leading to in a permanent position
• start date: flexible
• location: London offices (hybrid)
• salary: £60,000, as well as our comprehensive benefits package

This is for you if you hold (or expect to complete by end-2025) a PhD in any subject relevant to central bank policymaking.

We are committed to nurturing a diverse and inclusive workforce. We welcome candidates from all backgrounds.

What to expect

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 50% of their time producing, publishing and disseminating research that is relevant to the Bank of England’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. 

How you could develop

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.