Economics internships

it’s advisable to find experience in your penultimate year of study or apply for schemes which offer summer internship to postgraduate students.  We have indicated deadline dates, but it is essential that you check the organisation's website carefully for deadline information.  This list is indicative and not exhaustive.

Government Economic Service (GES)

The Government Economic Service runs placements for students of economics, (not first year undergraduates) lasting between 6 and 12 weeks over summer.   To be eligible, applicants must be studying for a degree in economics or a joint degree where economics comprises at least 50% of the course. They must also be on course for a 2:1 or 1st class degree.
www.civilservice.gov.uk|.

The Bank of England

The Bank of England has two summer internship schemes, both intended as an alternative to their graduate recruitment process.

One is for undergraduates in their penultimate year of study and lasts 6-8 weeks. The main focus will be an individual research project. The range of projects is broad but will involve collecting and analysing data and working closely with economists and analysts. Previous projects have included: the relationship between the housing market and consumption; and alternative trading systems in equity markets.

The other is for students who have just completed their final year. Subject to outstanding performance on the internship, students will also be offered a sponsorship of MSc/MPhil fees for one year (or one year of a two-year course) in either economics and/or finance, to be studied in the UK.   They will also receive a job offer to join the Bank upon completion of the postgraduate course. This scheme is subject to a number of conditions which will be made clear when a sponsorship offer is made
www.bankofenglandjobs.co.uk|

World Bank

Typically, this internship is aimed at candidates studying economics and/or finance. To be eligible, candidates must possess an undergraduate degree and already be enrolled in a full-time graduate programme, i.e pursuing a Masters degree or PhD with plans to return to school in a full-time capacity.  Placements take place over summer (June-September).  The application period for the Summer is December 1 - January 31 each year. 
www.worldbank.org|

Other options

International organisations, such as the World Trade Organisation and the European Central Bank offers internships to citizens of member countries, typically to Masters and PhD students.

You could consider interning in a related sector, such as banking or consultancy, to demonstrate and develop transferable skills. Alternatively, think tanks recruit interns; it may be worth looking at those who focus on macro economic issues for advertised internships.

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