Bank of England Insight Day at Bank of England

Top Employer
Insight / Vacation Scheme (< 4 Weeks)
London Central London and City
Review Date
Accountancy Actuarial Banking/Finance Business Analytics Business Intelligence Economics

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About You
The Organisation
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About You

Role Description

Attended BoE Inclusion and Diversity event and Women in the Bank Insight Event.

1. To what extent did you enjoy the insight?

The insight was a perfect opportunity to learn more about the bank. From an outside perspective, the Bank to me appeared very intimidating, that you need to be the smartest, brightest to join the Bank. However, after attending the events, I had the opportunity to learn about the steps the BoE were taking to improve diversity and allow BAME and women to progress and flourish within the bank. It was a great chance to demistify some of the stereotypical viewpoints that people have of the bank.


2. To what extent did you feel valued during your time at the company or firm?

I really felt happy that many of the BoE employees were happy to answer some of my many burning questions. I am really happy for the tips some of the BoE staff had given about qualifications, the importance of prior experience and how to build my brand. I felt like I could be a part of the Bank if I put the work in at my time at university and be more confident about myself.


3. How much guidance/support did you receive during the insight?

A lot.

The employees were very helpful in providing tips and also I had the chance to connect with some of them on LinkedIn. I also learnt how important it is to stay busy and that the BoE is a fair employer who values transperency, equality and diversity.

I was also able to make up my mind of whether I want to do any extra qualifications i.e. A master's degree or ACCA etc. I'm very pleased about the guidence, so a big thank you!!!


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

So, at the moment I have clearer image of my future educational and career choice. For instance, I plan on doing a Masters, and that I want to do extra financial qualifications like the ACCA.

I very much enjoyed the trading sessions, it really developed my ability to predict and make successful negotiations. I feel like at university, I don't get many chances to do that, so I'm glad that I had the chance to do it with the BoE. It is because of this event that I was able to ask my university of there are any extra courses that I can do that can help me develop these skills further. I plan to do this in my last year of study.


The Organisation

5. How well structured was the insight?

Perfectly structured! Everything was on time and I felt like my time was being utilised to the maximum. I also appreciated the fact that we had time to talk to others who were accepted to the insight event. I do wish we had more time though, since I enjoyed my time so much!


6. How was the general atmosphere during your insight?

Calm, organised and insightful are the three features that stood out to me during the event. I felt safe and most importantly, the atmosphere was full of positivity. I loved the fact that the BoE team were so attentive to us students and that they took some time off from their bust schedules to make time for us students. They made the atmosphere more entertaining and relaxed.


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

I really liked the fact that the Bank of England had a trading session where we got to work in groups and adapt to certain scenarios quickly. It emphasised how fast-paced the bank is and how situations change so quickly. I felt like they invested a lot of time and energy during this event. I liked that they demistified some of my concerns.


8. To what extent did the insight help you to understand what it would be like to have a full time role with the company or firm?

I think the networking and panel session definetly was insightful. I was able to ask about what certain BoE members did during their work days, how long they worked their for, how their past experiences have helped improve and impact their current role at the Bank. I liked how open the employees were about sharing this information.


9. How much did the insight help you in understanding the company culture?

A lot, especially in the networking and panel sessions. I really liked how real they were about their grievances and how they've made changes and how the Bank of England were so open to make these changes happen to have a more comfortable environment for their employees. The fact that there was a wide range of people from different backgrounds, all working for the bank, that alone showed me how open and accepting the company culture is.


10. How valuable was the content in helping you to decide on your future career path?

The content was very helpful in shaping my career path. I've decided that I would like to do a Masters Degree and that I might be doing extra financial exams so that I can develop some financial skills and problem solving skills. I have realised that the Bank specialises in so many areas so to do these steps would be helpful in seeing where I can fit in and what I like.


Other Information

11. Were you paid or reimbursed adequately for this experience?

I was reimbursed for my travel expenses for both of the events I attended, since I live outside of London, I was happy that they have done this for students. It also emphasised that the BoE are inclusive since they took into account that some students from a low socioeconomic background may not be able to afford the expenses.

12. Were there opportunities for networking and meeting other employees of the company or firm?

Yes, there was a panel session and a networking session! We had perhaps a total of two hours to talk to current employees and fresh graduates who have joined the Bank of England. I felt we were attended to positively by the staff and they were very open about mentoring if we needednany help.


13. How were the networking/ social event opportunities?

It was amazing! I had the chance to talk to the people who make the Bank of England such a renowned institution and I am glad that I had the chance to talk to them. I liked that everyone was so calm, relaxed and happy to talk to us. It put me at ease, because I was a bit nervous to meet them. I was able to ask questions and get their input about what I should do like the pros and cons of doing a Masters.


14. Did you find out about activities that employees can get involved in outside of work?

Many of then Bank of England employees have mentioned during the panel sessions and the networking sessions about the 'societies' that they have opened to promote an inclusive and open environment for all. I also learnt that so many of the employees were doing loads of volunteering during their free time, it was very nice to hear that!


15. Would you recommend this insight to a friend?

I would definitely recommend all of the insight events to my friends. This is a perfect chance for those who are unsure about the bank and what they do on a day to day basis. It also an opportunity to get real insight on the people who work there and the general culture of the Bank.