intern in FSSR at Bank of England

Top Employer
Internship (1-4 Months)
london Central London and City
Review Date
£22,000 - £23,999

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Bank of England is a Top Employer


The Role



The Role

Role Description

Summer intern in the Financial stability, strategy and risk department.

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

In this placement my team put me at work on a specific problem since the very first day, in a very high level project. It was a great experience and made me grow professionally and personally. Moreover, the bank of england has a great system to support the interns in their experience while working.


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

My colleagues gave me at first a great training in order to be ready to work on the project. But then my manager left me a lot of space to work with my intuition on the project and they valued strongly my opinion. I held meetings with high-profile colleagues asking my opinion at the end of my experience.


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

I was quite free while working on my project, but at the same time I have support from my line manager at any moment. He was extremely kind and supportive, and he was available in my first days to explain me all the mechanisms of such a big company as Bank of England. He and the team manager gave me direction on my project, and asked for constant feedback


4. How busy were you on a daily basis?

It really depended on the period. At the beginning the rithm was light, since I had to get into the mentality of working there. Then I worked for long hours when I got into the project. Even though constant effort was required, I never felt I stayed in the office longer than I wanted. I also had a free day when I asked for it, and I was able to manage the time as I preferred.


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

I had the responsibility of a research project on which I worked directly, supervisioned only from my manager. Then, I had to report the results to the whole team. I also have been lucky, since my project brought me to talk with some personalities of the bank. I felt I had a stimulating amount of responsability, but I did not feel overwhelmed


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

I learnt how to work in such a big organization, and how to be synthetic and reach results without wasting time. I especially learnt how to deal with colleagues and be professional. I did not lean anything useful for my degree as it is, but I had an essential experience for my working life


The Organisation

7. What was the general atmosphere in your office?

The atmosphere was great! apart from few days in which there was a deadline for the whole team, my colleagues were light hearted the whole time. They are professionals who love to talk of their work as well as chatting about anything, and we were really relaxed


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

It was very organized and they provided a lot of support. I have been lucky because my manager was extremely organized, but also the HR provided thousands of opportunities to solve doubts and guide us throughout the period of the isnternship. There were regular meetings and opportunities to talk with them every week


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


10. What were the perks on your work placement?

  • Flexi Time
  • Subsidised Canteen
  • Subsidised/Company Gym
  • Company Parties/Events
  • Working from home

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

They will probably call me back as soon as I graduate. There was a structured valuation system with the objective to define who will have the opportunity to be called back. It was based on the reach of specific objectives and on the feebacks of managers and HR, and I reached the threshold to be called back.



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

Yes it was great! We were 60 interns who started the same day and were guided together throughout our internship. We had various opportunities to go out together and meet. In the same way, there were regular social moments with the colleagues of my team. In my last day, we went together in a pub to celebrate


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

Extremely expensive. Even if I had a good salary, The City is the most expensive place I ever spent time. Moreover I had to move to london so I had to pay for a place. Thanks to the salary i managed to afford to stay there without spending my own money, and without sacrifying my personal life.


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


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