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I have thoroughly enjoyed my placement at the Bank. It has exposed me to the inner workings of a central bank and given me opportunities to see the forefront of economic research. My colleagues have been extremely welcoming and helpful during my time here, and the wider staff create an inclusive and interesting environment to work in.
Overall, this placement experience has been brilliant. It has helped to introduce a working, real life understanding and application of some of the modules studied at university. I have worked alongside industry experts and have developed skills that will be useful in my future career. I would strongly recommend applying to the Bank of England industrial placement scheme.
I've thoroughly enjoyed it, I've had the opportunity to work on some fascinating projects with some brilliant researchers over the year. The atmosphere is more relaxed than elsewhere in the City, so although you're expected to work hard and work well, there isn't the same manic pressure that you find elsewhere. There's some slightly dull work but that's the same with pretty much any job in the world, and certainly every placement. Overall definitely very enjoyable.
My experience during the work placement was great! Colleagues were unbelievably supportive and encouraging in my career development throughout. It was very much as people had pointed out, that working at the BOE is an intellectually stimulating environment. A definite recommendation to any student considering working for the BOE.
My role provided the opportunity to take on a wide range of work, particularly within policy. The work I experienced throughout my placement was very interesting, working on various policy issues that had real impacts on UK regulation, this meant my placement was extremely enjoyable. I had a lot of fun working on these assignments as they required a lot of analytical and communication skills, resulting in great job satisfaction. There were occasional quiet periods where work would not be as interesting or pressured, this gave opportunity to try an learn new/different aspects within the division.
My role provided the opportunity to take on a wide range of work, from presentations to senior management to divisional circulars. This meant my placement was incredibly interesting and hugely enjoyable as I was able to take on plenty of assignments with real impact on the real world. I had a lot of fun working on these assignments and great job satisfaction. There were occasional quieter periods at times but I usually appreciated these times to slow down and breathe!
I loved my time at Bank of England. I was challenged everyday by interesting topics and discussions with incredibly smart people. The job was also extremely interesting and intellectually stimulating and I was being given a great deal of responsibility even being just an intern. I have done several internships in different firms and sectors but this one was ust unforgettable.
This was a very mixed experience for me - last year I had an excellent internship at the Bank with a team that valued me and gave me interesting work, but this year they ignored my request to return to that team, and placed me with financial accountants who used me as an excel monkey and essentially refused to expose me to anything challenging. I spent lots of my time with no work to do, and was incredibly bored and frustrated thst I could be contributing so much more. I do not feel that the Bank even attempts to use skilled people effectively, it seems to place people almost randomly and then use them for menial, repetitive, automatable tasks. From what I have seen, this also applies to the grad scheme. That said, the Bank as a whole is a lovely workplace with lots of passionate people, and a good culture, and I loved the general scope of the work it does - but little work of interest is ever given to interns or grads.
I thoroughly enjoyed my placement – it was engaging and challenging. It was really cool to see my degree subject matter being applied in the real world. Everybody was encouraging, and there was a strong culture of further learning. It was a great experience that has endowed me with plenty to take back to my final year of university.
The Bank's placement was unstructured and as such, the beginning of the placement was "bitty" and not engaging. Networking plays a large role in the type, and scope, of work you get involved with and after a while I was working on an array of projects covering a number of fields including accounting, risk, and security. The work in all three of these areas was varied and interesting, and developed my analytical and technical abilities in theory and practice. There were also a large number of training courses to attend, which enabled me to delve into areas I was previously not involved in, and then branch out to the relevant department for further insights, or to assist in a project/piece of work with them. I enjoyed the placement more as it developed, to the point at which I have accepted the offer of a graduate job in my department.
I enjoyed aspects of the placement. The work was at times interesting and rewarding but far too often repetitive and dull. The vast majority of my time was spent on excel spreadsheets, which became tedious. The people made the placement for me. I made some good friends who kept the job enjoyable.
Overall, the internship gave a really good insight into the responsibilities of the Bank. I was allowed to have hands on experience as an employee from day one as I attended meetings, seminars and produce work that the team used directly.