Bank of England Intern Reviews | Glassdoor

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Bank of England Intern Reviews

Updated Apr 20, 2019

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4.8
100%
Recommend to a Friend
100%
Approve of CEO
Bank of England CEO Mark Carney
Mark Carney
6 Ratings
  1. "Lovely place to work"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Intern - Intern in London, England
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at Bank of England for less than a year

    Pros

    Interest people, good hours, work is important and rewarding. Solid support and feedback systems. Ability to watch firm organised talks and stuff - really nice place to work.

    Cons

    Pay especially for interns is rather low.

    Bank of England2019-04-20
  2. "Great experience as an intern"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Intern - Intern in London, England
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at Bank of England for more than a year

    Pros

    Responsibility Amazingly friendly atmosphere People are willing to give advice and network

    Cons

    Pay worse than private sector Lack of diversity and progression for minorities Fairly slow promotion rate

    Bank of England2017-10-02
  3. "Boe Review"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Intern - Intern in London, England
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Bank of England

    Pros

    The most important player in the British financial system and a key organ of the UK economy

    Cons

    Low potential to grow in terms of career scale? However not sure as am at interview stage

    Advice to Management

    More time to prepare for the recruitment stages

    Bank of England2016-12-02
  4. "Intern"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Current Intern - Intern in London, England
    Recommends
    Positive Outlook
    Approves of CEO

    I have been working at Bank of England for less than a year

    Pros

    Great friendly culture - everyone is happy to chat and tell you more about their positions/responsibilities Work/life balance is very flexible Independant research opportunities are strong and very flexible Strong exit opportunities and flexible entry at any stage of career Gym membership inexpensive and located in the same building

    Cons

    Lack of client exposure (except in a few departments) Internal communications can take some time as it is so big Salary not comparable to other city jobs (if that matters to you!)

    Advice to Management

    Simplify structure further Decrease the number of internal communications emails circulated by collating and summarising Organise more social departmental activities

    Bank of England2015-12-06
  5. "Great culture, interesting work, but compensation could be better"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Summer Intern in London, England
    Recommends
    Positive Outlook
    Approves of CEO

    I worked at Bank of England

    Pros

    Great exposure to monetary policy Excellent working culture, flexible hours Close knit teams, working with lots of exceptionally smart people Exposure to senior management very quickly e.g. recent graduates will soon present to the MPC Prestige - good name to have Subsidised canteen and coffee shop - 20p for tea Good opportunities for moving around different divisions

    Cons

    Pay lower than the private sector Requirement for a masters degree As an intern, little responsibility on working on actual live monetary policy work (though this is to be expected given the advanced nature of the work)

    Advice to Management

    Keep up the excellent culture, but pay is definitely less than the private sector and means that the Bank of England loses out on some talent to economic consultancies.

    Bank of England2015-11-03
  6. "Summer Intern BoE"

    StarStarStarStarStar
    • Work/Life Balance
    • Culture & Values
    • Career Opportunities
    • Compensation and Benefits
    • Senior Management
    Former Intern - Summer Intern in London, England
    Recommends
    Neutral Outlook
    Approves of CEO

    I worked at Bank of England for less than a year

    Pros

    Work-life balance and flexible hours taken very seriously. Incredibly intelligent fellow employees. Friendly environment.

    Cons

    Salary is low compared to many leading City institutions. Very sober atmosphere, office was silent throughout the day, not a fun place to work.

    Bank of England2014-09-02
Found 6 reviews