Placement Year Review at Bank of England

The Role

1. To what extent did you enjoy your work placement or internship?

★★★★★★☆☆☆☆

Rated 6/10

Bit of a mixture, a lot of the work was managing data in excel which gets quite repetitive, but there were plenty of opportunities to get involved with more interesting work too.

2. To what extent did you feel valued by your colleagues?

★★★★★★★☆☆☆

Rated 7/10

They were always looking for my input in discussions and making sure I was busy and involved with their work as much as possible.

3. To what extent were you given support and guidance by management/your supervisor(s)?

★★★★★★★★☆☆

Rated 8/10

They gave advice if needed, they made sure I was happy with my job, and were approachable throughout the placement.

4. How busy were you on a daily basis?

★★★★★★☆☆☆☆

Rated 6/10

It varied, but sometimes I would be bored. The job was 9-5 but I would have liked to have been worked harder during those hours. Time goes slowly when your not busy.

5. How much responsibility were you given during your placement?

★★★★★★★☆☆☆

Rated 7/10

I had my own roles within teams and my own projects do get on with. The work was important.

6. To what extent did/will the skills you developed, and training you received, assist you in your degree studies and beyond?

★★★★★★★★☆☆

Rated 8/10

There's a lot of free training to be had if you're proactive. I did the ECDL - computing course. Its definately helped my Excel and Powerpoint skills plus I know a lot more about the banking sector.

The Organisation

7. What was the general atmosphere in your office?

★★★★★★☆☆☆☆

Rated 6/10

Good. Relaxed, people are approachable, no huge pressure. However the office was normally very quiet with not much in the way of banter.

8. How well organised was the overall work placement or internship set up?

★★★★★★★★★☆

Rated 9/10

Well organised. Set roles and responsibilities. 1 month overlap between placement students to get trained up.

9. In terms of personal training and development, to what extent did the company or firm invest in you?

★★★★★★★★☆☆

Rated 8/10

Plenty of opportunities to gain further training provided it was relevant to the job.

10. What were the perks on your work placement?

★★★★★★★★☆☆

Rated 8/10

• Flexi Time
• Subsidised Canteen
• Sports and Social Club
• Subsidised/Company Gym
• Financial Bonus
• Travel loan

11. How appealing are future employment prospects within the organisation?

★★★★★☆☆☆☆☆

Rated 5/10

Enjoyed the placement but its not for me as a career. I won't be applying for a job. For those who do wish to return, they must go through the entire application process - no short cuts having worked there.

Other Information

12. Was there a good social scene amongst any fellow placement students/colleagues?

★★★☆☆☆☆☆☆☆

Rated 3/10

Despite there being aorund 20 placement students, the social life was poor, and HR did little to help.

13. What was the cost of living and socialising in the area you worked in?

★★★★☆☆☆☆☆☆

Rated 4/10

London rents are expensive unless your commuting from quite a distance. Food and drink is pricey.

14. What was the Nightlife like in the area you worked?

★★★★★★★★★☆

Rated 9/10

Bars, pubs and clubs everywhere!

15. Were there many opportunities to get involved in activities outside of work?

★★★★★★★★☆☆

Rated 8/10

There were sports clubs to join through work, but the sports centre is quite far out in South West London. There are plenty of sports & other clubs scattered around London to join too.

Review 4/37 for Bank of England

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