Bank of England Summer Internship 2027: Dates, Pay, Stages and Tests

Applications for the Bank of England's 2027 summer internships open in November 2026, according to the Bank's Summer Internships page (last updated 30 October 2026). The page does not yet give an exact opening date, a closing date or the pay. For summer 2027 it describes one 10-week Summer Internship for university students and a Black Heritage Sponsored Internship. In the last round, applications were already open when the page was updated on 3 November 2025 and closed at 12pm (midday) on Monday 1 December 2025; the Bank's page did not state the exact opening date. That round paid £25,250 a year pro rata in London or £22,940 in Leeds for penultimate-year students.

Below you will find the internships the Bank has run, who could apply, the pay, the business areas interns were placed in, how the last round's dates ran, every stage of the application, two worked examples of the situational judgement test (the first assessed stage) and what the Bank has said about graduate offers. You can register your interest now to get a reminder when applications open.

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Bank of England Summer Internships page (30 Oct 2026) and its 2025/26-round version (updated 3 Nov 2025).

The internship line-up has changed every year, so read each round on its own terms. For summer 2026 the Bank ran three internships, each 10 weeks. For summer 2027 its page lists a single Summer Internship for university students and the Black Heritage Sponsored Internship, which it describes as an internship in line with the Summer Internship plus funding towards living costs.

Interns are placed in a team and, in the Bank's words, "work on a specific project closely with economists or analysts to collect and analyse data", with talks and networking events alongside. When you apply you are asked about your areas of interest; the Bank stresses this is an expression of interest only, not an application to a specific area.

These are the rules the Bank printed for summer 2026. The 2027 page had not restated them on 6 November 2026, so check it when applications open.

If you studied outside the UK, the Bank points you to the UCAS tariff calculator to convert your qualifications into UCAS points. For international students, the How to apply page says that without the right to work in the UK you must be studying at a British university and hold a valid Student route visa or other leave with suitable working rights.

The Bank advertises a salary for each internship. For summer 2026 it was a yearly figure paid pro rata, meaning you receive only the share for the weeks you work. The summer 2027 pay had not been published on 6 November 2026.

Our arithmetic is approximate: actual pay depends on your contract, working days, tax and National Insurance. As a check, £96.15 a day over 260 working days is about £25,000 a year (our arithmetic), close to the summer 2026 rate, so most of the rise in total pay came from the extra two weeks. For comparison, the Bank's Industrial Placement for 2027 pays £27,000 in London or £24,500 in Leeds a year, pro rata, over 13 months. The Bank's What we offer you page describes its staff benefits; it does not say which of them apply to a 10-week internship.

For summer 2026 the Bank listed the areas it could allocate interns to. Expect the 2027 list to change: several areas from 2025 were not repeated in 2026.

Because you cannot pick your area, a strong application shows genuine interest in the Bank's work as a whole and in one or two areas, without making your motivation depend on getting a particular team.

The Bank's Internships page, and Wayback Machine copies of it, show how the last round ran. The dates below are the update dates printed on each version of the page.

So the last round was open by 3 November 2025 and closed at midday on 1 December 2025; the exact opening date was not stated. The 2027 closing date is not published yet. Our advice: have your CV, your grades and your examples ready now, and apply early in the window rather than on the final morning. After the video interview stage, the Bank says it notifies successful applicants two weeks after the application deadline, and they move on to the virtual assessment centre. Other 2027 programmes run on different timetables: the Industrial Placement closes at 12pm GMT on Monday 23 November 2026, and the graduate programmes open at 12pm GMT on Monday 7 December 2026.

The How to apply page says the process is the same for apprentices, interns, industrial placements and graduates: a form, then three assessed stages.

The Bank is a member of the Disability Confident scheme: if you apply through it and meet the minimum requirements, you are fast-tracked to the video interview and your situational judgement test score is not considered. The Bank publishes three Bank Behaviours, its outline of how it does things and how people treat each other: act inclusively, drive growth and deliver outcomes. For the later stages, see our video interview guide, the assessment centre guide (with a free group-exercise brief) and interview questions and answers mapped to each Behaviour.

The Bank's guidance for candidates explains the format. Each scenario has four options. You say which one you would be most likely to do, and then which one you would be least likely to do. You must answer every question, but there is no time limit; the Bank suggests working at a relatively fast pace without taking too long on any one. It measures how closely you are aligned to the Bank's culture and ways of behaving, so it is not a knowledge test. Our advice is to learn the Bank Behaviours and practise choosing most and least likely responses until the format feels natural. Try a few free questions here:

Two practice scenarios set during a summer internship. Decide your own most and least likely before you read our reasoning.

The Bank has said that performance on an internship can lead somewhere, but it has not published a conversion rate. Its page for the summer 2025 programme (updated 23 October 2025) said, for the penultimate-year internship: "If your performance is outstanding, we may consider you for a place on our Graduate Development Programme or Postgraduate-year Internship." For the postgraduate-year internship it named the Graduate Development Programme only, and for the Black Future Leaders programme "a further internship or a place on our Graduate Development Programme". The summer 2026 and 2027 versions of the page do not repeat that sentence. The summer 2026 version says the internship could suit you if you are looking to "find out more about graduate opportunities at the Bank of England"; the 2027 version says "find out more about career opportunities at the Bank of England". We found no official figure for how many interns receive graduate offers, so treat any number you see elsewhere with care.

The graduate programmes use the same form and assessed stages described above. See our Bank of England graduate scheme guide for graduate salaries and streams.

All Bank staff need National Security Vetting, interns included. The Bank says it usually takes three to four weeks after an offer but can take much longer, and that you should not hand in your notice to an employer before clearance is granted. If you have lived outside the UK in the last five years, give full details: for some countries the Bank cannot complete the checks, and then it cannot employ you.