The Bank of England - PhD Internships (2025)

Deadline: February 15, 2025

Internships

Government

Location(s)

  • United Kingdom
Threadneedle St, London EC2R 8AH

Overview

The Bank of England is the central bank of the United Kingdom. Sometimes known as the “Old Lady” of Threadneedle Street, the Bank was founded in 1694 with a founding charter that stated its purpose was to “promote the public good and benefit of our people”. If you’re at an early stage in your career there are many ways to become part of the Bank. We offer everything from internships to PhD programmes, across almost every area of our work. They’re all designed to give people the best start to their careers with us.

Details

The Bank of England PhD Internship Programme offers an invaluable opportunity to experience economic analysis, policy, and research at the highest level at a leading central bank. Our research agenda is designed to address the fundamental issues facing central banks today, and we offer a unique experience for researchers interested in these questions as we house monetary, macroprudential, and microprudential policy functions under one roof. We are looking for PhD students who are enthusiastic about contributing to our research agenda, and to help shape the Bank’s policies in the years ahead.

As a PhD intern you will have the opportunity to work on a research project with Bank of England economists from one of a variety of divisions, spanning monetary analysis, financial stability, international economics, prudential policy, supervision, risk management, and financial markets. You will work on a research topic of live interest to the Bank. While your exact research topic will be at the discretion of the Bank, we will seek to involve you in its design. Internships typically last for 12 weeks. And although most interns come to the Bank over the summer, we are flexible about the timing of the internship.

Opportunity is About


Eligibility

Candidates should be from:


Description of Ideal Candidate

Entry requirements:

  • Currently studying for your PhD.
  • Expecting to submit your thesis in the next two years.
  • If your studies focus on one of the following areas it’s helpful but all disciplines are considered:
    • Monetary economics
    • Macroprudential framework, policy instruments within and beyond the banking sector and their transmission mechanism
    • Open-economy macroeconomics and international finance
    • Financial economics, including banking theory and regulation, risk modelling and management, stress testing, macro-finance and asset pricing
    • Supervisory indicators, decision-making and communication, and the interaction with firms and their culture and behaviour
    • Applied econometrics and big data analysis, including text-based analysis, use of large micro datasets, and regulatory data
    • Technological and structural change in money, banking and financial markets

We’re looking for someone who is expecting to submit their PhD thesis in the next two years. You’ll need to be enthusiastic about contributing to our research, as part of your role will include shaping the Bank’s policies.


Dates

Deadline: February 15, 2025


Cost/funding for participants

  • Length: Typically 12 weeks
  • Salary:  £103.85 per day
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