Research Assistant at Bank of England

Top Employer
Placement Year (10 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

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

I really enjoyed working at the Bank.

It has a great culture and ethos, although a bit under-resourced at times.

The building is excellent and the environment very collegiate. It was good to see flexible working hours, and, opportunities to work from home.


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

Most team members were very appreciative of my efforts and thanked me for my work.

I was lucky enough to work with a team that helped me through the learning process, although some colleagues did take me for granted and were not very appreciative.


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

My manager helped me massively with my career development, giving me tips on how to improve, and meeting regularly to check for an update on how I was getting on.

There were times where I felt I could be managed better.


4. How busy were you on a daily basis?

My team was exceptionally busy and seemed to have all of the Department's high level priorities for the year! This is a exception though.


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

A lot! I wrote two papers as the lead author for the Bank's main policy comittees.


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

I have learned so much and developed so much from my time at the Bank.

I've developed career skills from time management and project management and a written and analytical skills set that will stand me in good stead for the future.


The Organisation

7. What was the general atmosphere in your office?

Often very quiet.


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

HR organised us fairly well with our managers and did check up on us ocassionally.


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

The Bank allowed me to go on a secondment to Supervision as a chance to explore my interests.
My manager gave me development points to work on which were helpful.


10. What were the perks on your work placement?

  • Flexi Time
  • Subsidised Canteen
  • Subsidised/Company Gym
  • Financial Bonus
  • Working from home

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

Very appealing. I plan to go back as an economist in the International Directorate.



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

Pretty good. We met up and had socials. Not too often though.


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

Very high, it's Central London!


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

Very good! Didn't go out too much though because of money.


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

We managed to organise some football among other students. It was either not that well advertised or I missed it.