Matt Maxfield
Bank of England


Where was your internship? Why did you choose that particular organisation?

My placement is at the Bank of England in monetary analysis. This is the department that supports the Monetary Policy Committee (MPC) in its monthly interest rate decision.

I chose to apply here due to the high influence they have over the UK economy and as an opportunity to learn more detailed economics and to reinforce my current knowledge. After reading about past placement students' experiences at the bank, I was sure it would be a thoroughly enjoyable year.


What are your thoughts on the internship? What have you learned from it?

The placement has been a truly enjoyable experience. From the moment I joined I was given work that made a real contribution to our team's output. Not only have I learnt how economic theory is put into practice – I've also learned a lot about working in a large organisation. Soft skills such as time management, problem solving and effectively communicating have all been developed throughout my time working.


What do you plan to do when your degree ends?

On completing my degree I aim to work as an economist. I've got no firm ideas on where I would like to do this but would very much like to do this within the financial sector – this year's placement has confirmed this for me.


What would you say to anyone thinking of studying economics at Sheffield and/or taking an internship?

I would highly recommend doing a placement. It is such a useful year in which you pick up so many valuable skills. I can't think of any negatives to my placement and I don't think I'm alone in saying that!


The Bank of England headquarters

The Bank of England logo