Penultimate Year Intern at Bank of England

Top Employer
Duration
Internship (1-4 Months)
Region
London Central London and City
Review Date
Salary
Less than £ 10,000
Roles
Banking/Finance

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Bank of England is a Top Employer

7.1/10

The Role
7.7
Organisation
7.6

Socialising

5.5

The Role

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

I really enjoyed it. I learnt a lot and would love to work at the Bank of England in the future.

8/10

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

I felt very valued by my team. I was doing work that would have to be done by a regular employee if I was not here, and they valued the work that I produced.

7/10

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

I was given a good amount of support and guidance: enough to ensure that I was not lost or struggling, but not so much that I lost independence. I was able to learn and get on with things myself, but know that if I was struggling with something, my manager or a colleague would be happy to help me.

8/10

4. How busy were you on a daily basis?

I was not that busy, but this was good because I was working on a subject that I had never experienced before. I certainly was not bored, but I was not overloaded with work. The amount of work I had meant that I could work 9-5 too which was good for my work/life balance.

8/10

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

I was given full responsibility for the project that I was working on.

7/10

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

What I learnt probably will not assist too much with my university studies, because the area I was working in during my placement is not very much related to my degree, but the odd thing may come in handy. Beyond, I'm sure the skills I developed will help a lot, both soft and hard skills. I would like to work at the Bank of England after my degree anyway, so in this respect the skills and training will have helped a lot.

8/10

The Organisation

7. What was the general atmosphere in your office?

Very welcoming and people were very helpful. There was definitely a collaborative atmosphere and not the sort of competition that there might be in the private sector.

8/10

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

It was well organised. The length of time (8 weeks) was a perfect length really for the work I was doing. Only slight qualm was the induction at the start was 2 days long when really it could have been 1 day. But that is not really a major issue at all.

7/10

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

We had external trainers come in to give us presentation skills training, which the company did not have to do so that was definitely good. But apart from that, most of the training and development I had came from internal sources.

7/10

10. What were the perks on your work placement?

  • Subsidised Canteen
7/10

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

I would love to work here in the future.

9/10

Social

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

There was a good social scene among the other interns. Not too much outside of work among the colleagues on my team but then that is understandable because a lot of them have families and children.

7/10

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

It was the City of London so expensive, but we got paid around £70 a day so it wasn't like I was losing money.

5/10

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

A few decent pubs, but very expensive and crowded.

5/10

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

Not too much but that wasn't why I did this internship.

5/10