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Bank of England

Central banking / public sector finance · researched 2026-10-02. Processes change every year, so confirm on the employer's own page.

At a glance

Dates
Closes: 2026 entry: 12 January 2026.
Pay
£25,270 plus benefits (Leeds, 2026 entry).
Length
36 months
Degree
Not stated, or no degree awarded (check the programme).
Entry
BBB at A level (or IB 30/555, BTEC DDM, T Level Merit)
Stages
4: Application form, Situational judgement test, Pre-recorded video interview, Virtual assessment centre

Pay: Official source source

Practise a Bank of England interviewPractise: Situational judgement: most and least effectivePractise: Numerical reasoning (SHL Verify Interactive style)Practise: Verbal statements (Aon/cut-e scales style)Practise: Inductive reasoning (SHL Verify Interactive style)

What you'd actually do

  • Digital & Technology Solutions apprentices build and support the systems and data tools the Bank uses to set interest rates, supervise banks and keep the financial system stable.

Our plain-English summary from the firm's adverts, not the firm's own words.

Programmes and entry

  • Degree Apprenticeship Development Programme: Digital & Technology Solutions (Degree apprenticeship, 36 months, leading to a permanent role; part-time degree for 20% of working hours) · Leeds (hybrid), London

BBB at A level (or IB 30/555, BTEC DDM, T Level Merit) · 5 GCSEs at grade 4/C or above including English and Maths. UK resident for the previous 3 years (unless exempt), finished education by the start date, and no overlapping prior qualification. source

closes 2026 entry: 12 January 2026. Start at the end of August 2026. · Salary for 2026 entry was £25,270 plus benefits (Leeds). 2027-entry dates were not yet published when researched. source

Process, stage by stage

1. Application form

Online application form.

  • Show you understand what the Bank of England does, not just that it is a bank.

Official source source

2. Situational judgement test

Online situational judgement test. One prep site also reports numerical, verbal and logical tests for apprenticeships.

  • Think about public service, integrity and teamwork when choosing responses.

Official source source

3. Pre-recorded video interview

Recorded interview; one prep site reports 5 questions on values fit, field knowledge, reasons for applying and the current economic climate.

  • Know the current Bank Rate and the latest Monetary Policy Committee decision before recording.

Single report source

4. Virtual assessment centre

Online assessment centre with group exercises and interviews.

  • In group exercises, listen, summarise and help the group reach a decision on time.

Several independent reports source

Video interview

Pre-recorded; reported as 5 questions on values fit, knowledge of the field, reasons for applying and the economic climate.

Single report source

Assessment centre

Virtual assessment centre with group exercises and interviews.

Several independent reports source

Values they assess against

Values wording not found; the Bank's mission is to promote the good of the people of the UK by maintaining monetary and financial stability

Advice for this firm

  • Learn the basics: the Bank sets Bank Rate through the Monetary Policy Committee to hit the 2% inflation target, regulates banks through the Prudential Regulation Authority, keeps the financial system stable and issues banknotes.
  • Know the current Bank Rate and the latest MPC decision before any interview.
  • The degree apprenticeship is in Digital & Technology Solutions: link your interest in technology to how a central bank uses data and systems.
  • The 2026 deadline was 12 January, earlier than most banks, so prepare in the autumn.

Not verified

  • 2027-intake dates.
  • Whether economics or other streams run for 2027.
  • Official values wording.
  • Facts were read through search summaries of the pages, not the full pages.