2027 Industrial Placement Programme - Economics (London)

About the programme

We’ve designed this programme for undergraduates with a placement year built into their course to gain valuable work experience at the heart of the UK’s financial system. You’ll learn more about our role in the economy, gain on-the-job skills and attend regular training and events with your fellow Industrial Placement colleagues.

This could be right for you if you are:

• keen to learn about what we do and gain practical experience
• eager to gain a unique insight into the workings of the UK's central bank
• looking to build your network and find out more about future career opportunities at the Bank of England.

Fact box

• length of contract: 13 months
• start date: end of July 2027
• location: London
• salary: £27,000 per annum, paid pro rata for the 13-month contract, as well as our comprehensive benefits package

Entry requirements

To apply for the Economist stream you must meet the below requirements:

• Be studying an undergraduate degree in Economics or Finance that allows you to do a placement year (starting from next July)
• Expecting a 2.1 degree classification. You must not already have a degree.

We’re looking for motivated students with a genuine interest in the Bank’s work, who are keen to learn and embrace new opportunities. We value strong workplace behaviours, including respect for others and clear, effective communication. For most of our streams, we’re more interested in your motivation and potential than what you study. We want to know what has sparked your interest in your chosen stream, whether that be through your studies, a personal project, a club or society, or something you’ve explored online. Whatever inspired you, we want to hear about it and why you’d like to develop your career with us.

Stream Information

If you are interested in understanding the forces that shape the UK economy and financial system, the Economics stream could be for you. You could be working with data, providing analytical input, applying economic judgement to interpret trends, contributing to reports and supporting projects that inform policy discussions and strategic decisions. Through this experience, you could see how economic analysis and research support the Bank’s objectives of monetary and financial stability.

On this stream, you could develop skills in:

• Analytical thinking and problem-solving
• Economic and financial analysis
• Data analysis, visualisation and reporting
• Effective communication
• Stakeholder management and collaboration

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 we're 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 it’s by drawing on different perspectives and experiences that we’ll continue to make the best decisions for the public.

For most roles where work can be carried out at home, we expect all our colleagues to spend a minimum of 50% of their working time in the office per month. This is to capitalise on the benefits of working together in person across teams, while maintaining the flexibility offered by home working. Subject to that minimum requirement, individuals and managers should work together to find what works best for them and their team.

We are proud to be a member of the government’s 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 BOEadditionalsupport@penna.com 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.

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 the Bank's Privacy Notice.

The 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. Applications for 2027 opportunities will close at 12pm (midday) GMT on Monday 23 November 2026.