For Graduates, Interns and Industrial Placements, the application process is the same. Here’s how it works:
Application process – the first stage
This is your first step, and it starts with a short registration section. This will make sure you’re eligible for the programme you’re applying for, and it could save you a lot of time.
You’ll be able to tell us about your education and work experience, as well as rate your preference for the different streams we offer. Take a look at the ‘Graduate Development Programme’ page for more guidance on these. Choosing a stream now won’t limit your options later on – it just gives us an idea of the areas you’re interested in.
Please ensure you’ve read the application criteria under ‘Our Programmes’ before applying. You’ll be assessed based on your year of study and, if you join as an intern or Industrial Placement student, you might even get to convert to the Graduate Programme or further internships.
A note for international applicants: To convert your international qualifications into UCAS points for our application form, please use this online tool. When submitting your application please summarise your qualifications in the free form text box at the end of the application form.
Situational Judgement Test (SJT)
After registration, you’ll be sent a link to the SJT. This will present you with scenarios like those you’d encounter if you worked here. Each time, you’ll be offered a range of potential responses. There are no correct responses to these scenarios. Just go with the one you feel is right.
Following the application closing date, successful candidates will be invited to complete an online analytical test. This is scenario-based and will assess both your analytical and reasoning skills. You cannot practise for this test, but make sure you are in a quiet room while completing it. This will allow you to give the test your full concentration for the 20 minutes it takes to complete.
Ahead of Assessment Centres, you’ll also be sent a link to the online numerical reasoning test, where you’ll also complete a role profile. Neither of these tests are used to sift out candidates, but are to assess your skillset against your area preferences, and to match you to the stream best suited to you.
You’ll then be asked to answer five questions using our video interview portal. We’ll need you to answer all five, so be sure to use the top tips on the portal to help you prepare. We’ll be looking at your reasons for applying to the Bank and your knowledge of what we do, but we’ll also be interested in understanding more about you as a person.
Application process – the second stage
After each stage, we‘ll let you know the outcome of your application. This will usually be two weeks after the application deadline for the programme you applied for.
If you’re successful, you’ll move onto the second and final stage – an assessment centre at our London office. We run a number of these for our different programmes.
These assessment centres run between November and January. You’ll take part in an interview with two assessors, and group exercises. We’ll aim to inform you about the outcome of your application within three days of the last assessment centre. Please note that roles for our Industrial Placements are filled on an ongoing basis.
Graduate Development Programme
The assessment centres for our Graduates take place between December and January. They are skills focused, and consist of an interview and group exercises.
When we invite you to the assessment centre, we’ll let you know which areas of the Bank are interested in meeting you. This will allow you to research these areas ahead of the day. We’ll aim to inform you about the outcome of your application within three days of the last assessment centre.
The assessment centres for our Internship Programmes vary depending on your year of study – but all will take place between January and March. They all include an interview and group exercises, in line with Graduate assessment centres. This is so that we can offer high performers the chance to convert to the Graduate Programme or further Internships.
Unfortunately, we are not looking for more than one application per student. Our programmes are focused on students at different points in their academic life, so to that end, your first application will be accepted and any duplicates will be rejected.
If you feel you have special circumstances, or if you have any further queries regarding the application process, please contact BankofEngland@penna.com