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Bank of England

Industrial Placement Programme - Data

Closed (27 Jan 2026)
Industrial Placement / Placement Year
Data & AI
Pay TBC
Year groups

2nd Year

Deadline

27 Jan 2026

Field

Data & AI

Overview

This Industrial Placement is a 12-month program structured for students to develop skills in data analysis, machine learning, and data engineering. Participants will work on real-world projects, contributing to the Bank of England's critical operations, potentially impacting monetary policy, financial stability, and market operations. The program is designed to provide comprehensive exposure to the challenges and opportunities in using data to inform economic decisions.

About the employer

The Bank of England is the central bank of the United Kingdom and has served as the country’s monetary authority since its founding in 1694. The Bank also regulates and supervises key parts of the financial system and acts as lender of last resort in times of market stress.

Selection process

Assessment: Talent-Q

Application timeline

Opens: 27 Oct 2025; Closes: 27 Jan 2026

Structure & format

The programme will be a 12-month placement based in London. Specific weekly hours are not detailed, but it's a full-time industrial placement.

Eligibility

This programme typically targets students in their penultimate year of university who need to complete a placement as part of their degree. While the specific degree is not mentioned in the provided text, a strong interest or background in data-related fields (e.g., Data Science, Computer Science, Statistics, Mathematics) would be highly beneficial. Applicants must have the right to work in the UK.

Application process

The application process generally involves an online application, which may include a CV, a cover letter, and potentially online assessments. Following this, there could be interviews and possibly an assessment centre, common for placements at this level. The deadline for applications is 27 January 2026.

Why this matters

This placement offers invaluable experience working at a prestigious institution like the Bank of England, providing unique insight into the application of data science in economic policy and financial markets. It will significantly enhance a student's CV, demonstrating practical skills and professional experience in a highly regulated and impactful environment, which is highly sought after by employers in both public and private sectors.

Heads up

Dates can shift each year. Always confirm the live deadline on the provider's own page before you apply.