About the programme
This internship is designed for students in their penultimate year of their undergraduate degree. It runs for 10 weeks over the summer before you start your final year.
Fact box
Is this route for you
This programme could be right for you if you are:
Entry requirements
To apply for the Penultimate Year Internship you must meet the below entry requirements:
How could you develop
Well assign you to a team where you will work on a specific project. Youll learn more about our role in the economy and gain on-the-job skills.
Youll also have the opportunity to learn more by attending talks and networking events.
When you apply well ask you about your areas of interest. Please note this is just an expression of interest you are not applying to a specific area.
If youre successful you could be allocated to one of the following areas:
Our Approach to Inclusion
The Bank values diversity equity and inclusion. We play a key role in maintaining monetary and financial stability and to do that effectively we believe we need a workforce that reflects the society we serve.
At the Bank of England we want all colleagues to feel valued and respected so were working hard to build an inclusive culture which supports people from all backgrounds and communities to be at their best at work. We celebrate all forms of diversity including (but not limited to) age disability ethnicity gender gender identity race religion sexual orientation and socioeconomic status. We believe that its by drawing on different perspectives and experiences that well continue to make the best decisions for the public.
For most roles where work can be carried out at home we aim for colleagues to spend half of their time in the office with a minimum of 40% per month. Subject to that minimum requirement individuals and managers should work together to find what works best for them their team and stakeholders.
We are proud to be a member of the governments Disability Confident Scheme (DCS). We are committed to creating an equitable interview process for disabled candidates through our membership of the DCS and this means we guarantee progression to video interview for disabled* applicants who meet the minimum criteria for the role. If you wish to apply under this scheme please select Yes to the DCS question at the end of the application form. We understand however that not all applicants with a disability may wish to apply through this scheme and we fully respect that choice; you will still be fully supported with any support or adjustments you may require.
As we are an equal opportunities employer we are committed to providing adjustments and support to disabled applicants throughout the recruitment process. Should you require support with completing your application and require any adjustments for this (even if you do not wish to be considered under the Disability Confident Scheme) please contact the recruitment team at who will work with you to provide the support you require. Please be aware that we may need to ask for more information about your disability so that we can provide the necessary support.
*Disability includes but is not limited to visual and hearing impairments mobility impairments autism ADHD diabetes epilepsy dyslexia dyspraxia mental health conditions speech impairments and major illnesses such as cancer and MS.
National Security Vetting Process
Employment in this role will be subject to the National Security Vetting clearance process (and typically can take between 6 to 12 weeks post offer) and the passing of additional Bank security checks in accordance with the Bank policy. Further information regarding the vetting and security clearance requirements for the role will be provided at offer stage for successful candidates. Information about how the Bank processes personal data for these purposes is set out in theBanks Privacy Notice - Application Process
Important: Please ensure that you complete all details in the application form including education work history and all job specific questions. Your application will not be considered if all mandatory questions are not fully completed. Please also ensure you have uploaded a copy of your CV for eligibility checks.
The assessment process will comprise of 4 stages: online application situational judgement test video interview and a virtual assessment centre.
Required Experience:
Intern
We are the UK's central bank - and we are a bank like no other; known by our peers for our world-leading thinking on policy and strategy. Our mission is to promote the good of the people of the UK by maintaining monetary and financial stability. We seek to keep prices stable and peopl ... View more