Level 3 Business Studies learners enjoyed a talk by special guest speaker, Mike Mitchell, from the Bank of England at SGS Stroud Campus today.
Mike, Senior Advisor at the Bank of England, talked to students about his typical working day in the City and the opportunities available to progress towards a career in the financial services sector.
The Bank of England was established in 1694 and is the world's second oldest bank. It is the central bank for the United Kingdom and has a wide range of responsibilities including issuing currency, overseeing monetary policy and setting the UK's official interest rate.
Mike explained to students that there are various routes into gaining a placement at The Bank of England including a school leaver development programme, as well as the more traditional graduation programme. The bank are focused on providing opportunities for young people and take on up to 150 new recruits a year through their schemes, with over 4000 employees at the organisation overall.
Mike, spent 25 years at Lloyds TSB in Barnwood, working his way up to Director before taking over as Senior Advisor at the Bank of England.
Speaking after the event, Mike Mitchell commented:
Level 3 Business student, Joe Sidee said of the talk:
“This is the first time I’ve talked to students in a college setting about the Bank of England. I’m keen for them to know as much as possible about the career opportunities available to them through our school leaver development programme and to explain my personal experience of progressing to my current position. It was fascinating being shown around SGS College and learning about all the vocational courses on offer and the tremendous facilities and wide range of courses on offer.”
“I was very interested in the lecture, particularly the impact of Brexit on the economy. I also found it fascinating learning about the process of the printing of banknotes and the paper money versus polymer banknotes debate.”
Business student, Toby Bowers added:
“The lecture was very inspiring and educational. I was surprised to learn about the various routes into working at the Bank of England and the student programmes on offer.”
If students are interested in finding out more about the opportunities available at the Bank of England they can visit the website www.bankofengland.co.uk/careers