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Analyst Career Training Programme
All graduates join the Bank's award-winning Analyst Career Training (ACT) Programme (Best Graduate Development Programme and Best of the Best Awards, Association of Graduate Recruiters 2008). This starts your development process and includes the following elements:
- Induction: your career at the Bank will begin with an intensive induction, this give you a clear insight to the Bank's structure, how we operate and where we stand in the context of the City, Europe and the rest of the world.
- On-the-job-training: learning by working alongside more experienced colleagues.
- Development workshops: these interactive training events build your skills in analysis, problem solving, time management, personal presentation, communication and team-building. By enabling you to escape the day-to-day working environment, these workshops also enable you to reflect and consolidate on the things you have learnt so far.
- Economics and finance training: longer-term possibility of sponsored study - ranging from part-time summer school at the London School of Economics to full-time postgraduate study.
- Seminars: visiting speakers from the academic and business worlds keep you informed on the latest developments in economics and the financial sector.
- Other training: where necessary, you can also expect area-specific technical and language training, as well as having the opportunity to study for the European Computer Driving Licence (ECDL).
The ACT programme lasts for approximately three years depending on individual performance and development. About eighteen months after starting you will attend a Professional Development Workshop which acts as a stocktake of your progress and helps you to plan the next steps in your development. It is very much up to you to take control of your own development - your progress is in your own hands.
During your time on the programme, you are expected to assist your development by continuing to undertake challenging roles. You are expected to remain in your first job in the Bank for at least two years. Thereafter the Bank's culture encourages movement between areas and roles, but it is up to you to be proactive and seek out the right opportunities.