Bank of England - Degree Apprenticeship Development Programme 2025

When you finish school, university is far from your only option. Our Degree Apprenticeship Development Programme could be the ideal solution for you if you’re:

• keen to start your career and earn a salary 
• concerned about university fees
• would like  a fully funded degree
• looking to develop your business and technical skills 
• eager to gain a unique insight into the workings of the UK’s central bank

About the programme

Applications for our 2024 programmes will open in November.

You'll start with an introduction to the different types of work we do and you’ll get training on essential skills.

Alongside this, we’ll enrol you on a part-time undergraduate degree with a reputable university. Your studies will complement the skills and on-the-job learning you will gain with us.

Studying while working can sound challenging. But you’ll get dedicated study time. And your line manager will help you find the right balance between your studies and work. Our Future Talent Team will also be on hand to support you.

If you are interested in the Bank’s Degree Apprenticeship Development Programme, the next step is to choose between the following opportunities:

Data Science

• Data Science is a broad and fast-moving field spanning maths and statistics, software engineering and communications. Data Scientists blend experience and knowledge from a wide range of fields and organisations, and continuously seek to expand their range of technical skills. This apprenticeship will give you the opportunity to gain a degree, incorporating maths, statistics, software engineering and communications.
• If you are successful in securing a place on this programme, you could be allocated to one of the following areas: Data and Statistics Division (DSD), Financial Stability Strategy and Risk (FSSR) or Insurance.

Digital and Technology Solutions

• We are responsible for technology that tracks all bank notes in circulation, records gold in the vaults, manages the Real Time Gross Settlement system that settles some £575 billion sterling payments and securities every day, and defends us from cyber-attacks. We can put you right at the cutting edge of these developments - as you’d expect, working here would give you exposure to experts in the field and provide a wide range of opportunities from development of systems that underpin our economy, to working on high profile projects. We have partnered with the University of Exeter, who will provide you with quality tuition as you study towards your undergraduate degree.
• If you are successful in securing a place on this programme, you will be allocated to Technology.

Professional Economist

• The University of Kent’s School of Economics deliver the Professional Economist Degree Apprenticeship. The Degree Apprenticeship is geared to the needs of those working as economists in the private and public sectors. The curriculum covers all of the core material included in a UK Economics BSc degree. However, the distinctive nature of the programme is the applied, data based practical approach to the teaching and learning of analytical economics, and the development of the important skills of planning, team working, adaptability and leadership. The programme is based on interactive e-learning, on and off-site academic learning and support, and annual residential weeks at the University of Kent Canterbury campus.
• If you are successful in securing a place on this programme, you could be allocated to one of the following areas: Prudential Policy Division (PPD), International Banks Supervision Division (IBD), UK Deposit Takers Division (UKDT) or Insurance.

Application advice 

Each of our programmes are designed for students who are at different stages in their studies.  So please don’t apply for more than one programme as we’ll only consider your first application. 

If you would like to be considered for more than one programme in any given year, please email the Bank of England Team at Penna before you apply.