Monetary Analysis Intern Review

by Bank of England

This review was submitted over 4 years ago, so some of the information it contains may no longer be relevant.

Rating

3.9/5
  • The Role
    4.3
  • The Company
    3.8
  • The Culture
    3.4

    The Role

  • 1. To what extent did you enjoy your work placement or internship?
  • - Assigned a project to complete over the summer on estimating the UK's FDI position - Given help and support on Excel and STATA to run regressions - Subsidised canteen and flexible hours, along with direct link to the MPC were the real plus points

    4/5

  • 2. To what extent did you feel valued by your colleagues?
  • - The project would have been my line manager's task had I not been there, so the work was definitely valuable to the department - Had little interaction with other employees however as everyone's work within Monetary Analysis is quite separate

    4/5

  • 3. To what extent were you given support and guidance by management/your supervisor(s)?
  • 5/5

  • 4. How busy were you on a daily basis?
  • 5/5

  • 5. How much responsibility were you given during your placement?
  • - Gave a presentation to Head of Division and head of my team along with around 15 other employees/interns at the end of the internship - Wrote up a note which will then be sent to the MPC, who decide on the interest rate once a month

    5/5

  • 6. To what extent did/will the skills you developed, and training you received, assist you in your degree studies and beyond?
  • - Much better now on Excel and interpreting Regressions, along with getting used to the usual routine skills like time management and communication

    5/5

    The Company

  • 7. What was the general atmosphere in your office?
  • - Pretty quiet, although the camaraderie among the interns was very enjoyable - Employees leaving or who had finished writing the inflation report would leave out chocolates on desks for people to take at their leisure

    3/5

  • 8. How well organised was the overall work placement or internship set up?
  • - Given our own laptop for the duration and we could take it home if wanted - A couple of learning lunches with graduates were organised - An evening networking drinks session was organised with the likes of Mark Carney and Andy Haldane attending, which was very memorable!

    5/5

  • 9. In terms of personal training and development, to what extent did the company or firm invest in you?
  • 4/5

  • 10. What were the perks on your work placement?
  • Flexi Time

    Subsidised Canteen

    Subsidised/Company Gym

    Working from home

    3/5

  • 11. How appealing are future employment prospects within the organisation?
  • - Graduate Job offer if you impress, option to join the Postgraduate Sponsorship Scheme (PSS) in some departments instead

    5/5

    The Culture

  • 12. Was there a good social scene amongst any fellow placement students/colleagues?
  • 5/5

  • 13. What was the cost of living and socialising in the area you worked in?
  • 3/5

  • 14. What was the Nightlife like in the area you worked?
  • 4/5

  • 15. Were there many opportunities to get involved in activities outside of work?
  • 2/5

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Details

Internship (1 Month+)

Banking

London

August 2014


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