Degree Apprenticeship Development Programme
Length: 36 months, starting in August 2024
Applications close on Monday 15 January 2024
When you finish school, university is far from your only option. Our Degree Apprenticeship Development Programme could be the ideal solution for you if you’re:
- keen to start your career and earn a salary
- concerned about university fees
- would like to study for a fully funded degree
- looking to develop your business and technical skills
- eager to gain a unique insight into the workings of the UK’s central bank
We designed this 36 month programme to help talented people get started in their careers, while studying towards a fully funded degree (degree studies will continue post-programme and can take 4 years).
About the Programme
You'll start with an introduction to the different types of work we do and you’ll get training on essential skills.
Alongside this, we’ll enrol you on a part-time undergraduate degree with a reputable university. Your studies will complement the skills and on-the-job learning you will gain with us.
Studying while working can sound challenging. But you’ll get dedicated study time. And your line manager will help you find the right balance between your studies and work. Our Future Talent Team will also be on hand to support you.
If you are interested in the Bank’s Degree Apprenticeship Development Programme, the next step is to choose between the following opportunities:
If you have a passion for Economics and are driven by producing impactful economic analysis to drive decisions, this Degree Apprenticeship could be for you. We currently partner with the University of Kent to deliver this apprenticeship. Successful completion of the Apprenticeship will result in the award of BSc (Hons) Professional Economics.
If successful, you could be allocated to one of the following areas: Markets, Financial Market Infrastructure, Data Analytics Transformation, Authorisations, Regtech & International Supervision, Insurance or Prudential Policy.
Financial Services Professional
If you are interested in building your knowledge and a career in the Financial Services industry, this Degree Apprenticeship could be for you. We currently partner with the University of Exeter to deliver this Degree Apprenticeship, which combines the Level 4 Investment Operations Specialist Apprenticeship and Level 6 Financial Services Professional Apprenticeship. Successful completion of the Apprenticeship will result in the award of BSc (Hons) Applied Finance, including CFA Institute Level 1.
If successful, you would be allocated to UK Deposit Takers Supervision.
If you have a passion for Data Science and are interested in gaining a degree, incorporating maths, statistics, software engineering and communications, this Degree Apprenticeship could be for you. We currently partner with the Northeastern University to deliver this apprenticeship. Successful completion of the Apprenticeship will result in the award of BSc (Hons) Data Science.
If successful, you could be allocated to one of the following areas: Data Analytics Transformation, Financial Stability Strategy & Risk, Authorisations, Regtech & International Supervision or PRA Risk & Operations.
Digital and Technology Solutions
If you have a passion for Technology and are interested in the development of systems that underpin our economy, or working on high profile projects, this Degree Apprenticeship could be for you. You don’t need a background in computer science to work with us, we will support your passion for tech through in-role development and further training. We currently partner with the University of Exeter to deliver this apprenticeship. Successful completion of the Apprenticeship will result in the award of BSc (Hons) Digital and Technology Solutions.
If successful, you would be allocated to Technology.
Who we are looking for
We want people who are eager to learn and serious about building a career at the heart of the UK economy. You will also need to know what we do, share our purpose, and be genuinely motivated to join us.
To apply for the Degree Apprenticeship Development Programme you will need at least five GCSEs at grade C (4), including English and Maths. You’ll also need to have achieved or be predicted three A-Levels at BBB (or equivalent). For the Professional Economist stream you will need GCSE Maths at grade B (or 7).
We are committed to nurturing a diverse and inclusive workforce, so we welcome applications from candidates with all backgrounds.Apply
We know that application processes can be a little daunting at first, and we want to make sure you are ready to perform to your best. Therefore, we have put together some useful information about the process from the initial application form all the way through to our assessment centres. You’ll find it all on our ‘how to apply’ page.
Each of our programmes are designed for students who are at different stages in their studies. So please don’t apply for more than one programme as we’ll only consider your first application.
If you would like to be considered for more than one programme in any given year, please email the Bank of England Team at Penna before you apply.