What is the Bank of England ?
Their main job is to make sure you can pay for things easily and securely in the UK. So we produce banknotes (cash) and oversee many of the other payment systems you use (e.g with a debit or credit card).
They also work to keep the cost of living stable so your money keeps its purchasing power. A way they do this is by changing the main interest rate in the UK.
In addition, they regulate UK banks and other financial firms so you know they are safe and sound
Internships
Length: The Internship runs for fixed dates starting on Monday 24th June 2024 for either six weeks for First Year interns and eight weeks for Penultimate and Postgraduate year interns.
Salary: £86.53 – £92.30 per day (Scheme dependant)
Applications close on Tuesday 8 January 2024.
Are you keen to learn about what they do and get some practical experience?
They offer paid internships to university students in their first and penultimate year and to those about to start their postgraduate study.
You’ll join a supportive and inclusive work environment with lots of opportunities to develop your skills.
Penultimate year internship
Length: The Internship runs for fixed dates starting on Monday 24th June 2024 for eight weeks for Penultimate year interns.
Salary: £88.46 per day
Who are we looking for?
BofE wants 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 they do, share their purpose, and be genuinely motivated to join the Bank of England.
To apply for the Penultimate Year Internship you must meet the below entry requirements:
Entry requirements
- In your penultimate year of your first degree
- Any degree subject
- Expecting a 2.1 degree classification
- 120 UCAS points from 3 A-Levels (or equivalent)
They are committed to nurturing a diverse and inclusive workforce, so welcome applications from candidates with all backgrounds.
What you’ll learn
You’ll learn about their role in the UK’s economy and gain valuable ‘on-the-job’ skills. You’ll join one of their teams and support analysts, economists or supervisors.
You’ll also have the opportunity to learn more by attending talks and networking events.
When you apply, they’ll ask you about your areas of interest. Find out more about what they do.
If your performance is outstanding, they’ll consider you for a place on our Graduate Programme or Postgraduate Internship.
If successful, you could be allocated to one of the following areas: Notes, Banking, Payments & innovation, Markets, International, Financial Market Infrastructure, Financial Stability Strategy & Risk, Central Bank Digital Currency & Fintech, Insurance Supervision, UK Deposit Takers Supervision or Communications.
Check it out here: