The Bank of England - PhD Internships 2025

Deadline: February 05, 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”.

You will be working with Bank of England researchers, either within one of our Policy areas or within the Research Hub.

Details

The Bank of England PhD Internship Programme offers an invaluable opportunity to experience and contribute to economic analysis, policymaking and research, at a leading central bank. We are looking for PhD students with a desire to carry out innovative, policy‐relevant research, contribute to our research agenda and help shape the Bank’s policies in the years ahead.

Research at the Bank of England covers the full scope of our remit for delivering monetary, macroprudential, and microprudential policy, centred around the five themes in the Bank of England’s Agenda for Research (BEAR). Our large research community includes researchers from a range of disciplines, with a common interest in issues relevant to central bank policymaking. Our research economists enjoy a rich and stimulating environment, have close engagement with policymakers, and make a key contribution to policy analysis. As a large central bank, we provide sizable computing resources and have unique, rich and novel datasets.

As a PhD intern you will be working on a research project of live interest to the Bank, with Bank of England researchers. While your exact research topic will be at the discretion of the Bank, we will seek to align it with your research interests and skills, and give you scope to shape the project. You will also be given an opportunity to present your research, either your own existing projects or your internship project, and engage with researchers and policymakers from around the Bank.

About us

The Bank of England is over 300 years old. And for nearly all of that time, it has been located on Threadneedle Street in the heart of the City of London.

It has had the nickname ‘The Old Lady of Threadneedle Street’ – or simply ‘The Old Lady’. Our nickname dates back to a cartoon published in 1797 by James Gillray. The cartoon shows the Prime Minister of the day, William Pitt the Younger. He appears to be wooing an old lady – who represents the Bank of England. But his true intention is to get his hands on the Bank of England’s gold reserves: the gold coins in her pocket and the money-chest on which she is firmly seated.

As the country’s central bank, we’re committed to working together to maintain monetary and financial stability and promote the good of the people.

We’re in the top 20 of the highest-rated companies for work-life balance in the UK.

Opportunity is About


Eligibility

Candidates should be from:


Description of Ideal Candidate

Entry requirements:

  • Currently studying for a PhD in any subject relevant to central bank policymaking

Are you who we’re looking for?

We are looking for PhD students with a desire to carry out innovative, policy-relevant research, contribute to our research agenda and help shape the Bank’s policies in the years ahead. If that’s you, why not apply to experience working within our research community?


Dates

Deadline: February 05, 2025


Cost/funding for participants

  • Length: Typically 12 weeks
  • Salary: We will offer you a daily rate of £100 per day and pro rata holiday entitlement, based on 25 days per annum. If you don’t live in London then you’ll also receive an accommodation allowance of £100 per week during your stay. If you’re from overseas, you will be reimbursed for an economy class return flight to London. 
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