Transformative PhD Internship Opportunity at the Bank of England: Join Us!
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The Bank of England offers a notable internship program for PhD candidates eager to engage in innovative research directly related to policy-making. This initiative not only provides a platform for academic exploration but also immerses interns in the dynamic world of financial policy at a leading institution.
While applications for the 2026 cycle have closed, this overview outlines essential details about the internship, including salary, project involvement, and potential career development.
Internship details
The internship lasts for 12 weeks and allows for flexible start dates, accommodating students’ schedules alongside the Bank’s requirements.
Interns can select between two locations: the vibrant city of London or the more relaxed environment of Leeds. Compensation varies slightly by location, with salaries set at £30,000 pro rata for London and £27,000 pro rata for Leeds.
To qualify for this internship, applicants must be currently enrolled in a PhD program focused on topics pertinent to central bank operations. The Bank of England is dedicated to fostering a diverse workforce and encourages candidates from all backgrounds to apply.
Research opportunities
This internship provides a unique chance to engage in hands-on economic analysis and active policy formulation. Interns will collaborate with established researchers and contribute to live projects that explore various aspects of central banking, including:
- Monetary analysis
- Financial stability strategy
- Data and analytics transformation
- International markets
Throughout the internship, you will have the flexibility to align your research interests with the Bank’s objectives, allowing for a tailored and impactful project experience.
PhD research programme
The Bank also hosts a PhD Research Programme, designed for recent doctoral graduates eager to contribute to policy-making through rigorous research. Unfortunately, this program will not be accepting applications during the upcoming recruitment round for 2026/26. However, it typically consists of a three-year contract leading to a permanent position within the Bank.
During the initial three years, researchers dedicate over half their time to producing meaningful, publishable research that informs the Bank’s policies and strategies. This role is ideal for those with a PhD in fields relevant to central banking.
Career development and training
Research professionals at the Bank benefit from a robust environment that encourages ongoing learning and development. With access to large datasets and advanced computing resources, researchers can deepen their technical expertise while contributing to significant policy discussions. The Bank also hosts seminars and international conferences, offering a well-rounded academic experience.
The opportunity to engage closely with policymakers and economists ensures that your work not only advances your career but also has a substantial impact on public policy.
Opportunities for growth
While applications for the 2026 cycle have closed, this overview outlines essential details about the internship, including salary, project involvement, and potential career development.0
