Summer intern Review
at Bank of England
Internship (1 Month+)
Banking
London
Review Submitted: October 2021
Overall Rating
4.4 /5
The Overall Rating is the average of all the ratings given in each category. We take those individual ratings and combine them into one final score!
5/5
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Overview of Role
4.3/5
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Skills Development
4.5/5
-
Support and Guidance
4.8/5
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Company Culture
4.5/5
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Overall Experience
3/5
-
Future Career Prospects
Overview of Role
Please give an overview of your role and what this involves on a day-to-day basis.
My main responsibilities were within the collateral risk management team within markets, giving me a broad exposure to the importance of who the bank choose to lend to and how much. Tasks included: analysing documents submitted by banks seeking funds, writing a report on the trends in consumer and corporate loans, preparing for and engaging in site visits with banks.
Were you given much responsibility during your placement / internship?
I felt I was given an incredible amount of responsibility during my internship. This was something I was looking for coming into the internship and having discussed it with my manager we were able to agree upon what was/wasn't achievable in the 8 weeks I had there. Overall, the bank is great for this and I have come away learning a lot because of it.
Please rate how meaningful the work you were doing was
5/5
Skills Development
Have you learnt any new skills, or developed your existing skills?
My team gave me several opportunities to present in front of senior leadership and the team, which was great as it was something I was looking to develop upon, alongside my communication skills.
How would you rate the training provided during your experience?
4/5
How would you rate your development of industry-specific skills during the experience?
5/5
How would you rate your development of personal / soft skills during the experience?
4/5
Please rate how these skills have helped you in your career development
4/5
Support and Guidance
How much support and guidance did you receive during your placement / internship?
The internship started off with several days of induction to get interns up to speed with the bank's way of working, which was really useful! Desk specific training was a mixture of self driven and workshops with my manager and team, who were incredibly helpful and understanding.
How would you rate the support and guidance from your line manager?
5/5
How would you rate the support and guidance from the wider team?
4/5
Company Culture
What was the company culture and general atmosphere like?
Personally, I found this harder to gauge as I spent the time WFH and being in the office. Overall, everyone I met in person and virtually, is incredibly friendly, helpful and is always happy to chat! Often, teams and interns go out for drinks on a Thursday which was great to get involved in having been in several lockdowns over the past 18 months.
How would you rate the inclusiveness of the culture?
5/5
How would you rate the social opportunities?
5/5
How would you rate the diversity initiatives?
5/5
How would you rate the charity, sustainability and corporate social responsibility (CSR) initiatives?
4/5
Overall Experience
To what extent did you enjoy your placement / internship?
Overall, it was an incredible experience and I would highly recommend it to anyone.
Please rate your level of enjoyment on your placement / internship
5/5
Please rate how your experience met your expectations
4/5
Future Career Prospects
Please rate the future employment prospects at Bank of England
3/5
Recommendations & Advice
Would you recommend Bank of England to a friend?
Yes
What advice would you give to others applying to Bank of England
Take the time to read around on the website. In my experience, those who succeed in the process are genuinely passionate about the bank's work and aren't trying to flex their knowledge too much. Just be yourself!
