Mel Beaman Student Programme

Applications are open for the scheme offering opportunities for young people in Year 12

About

The Mel Beaman Student Programme will offer students: 

  • a 12-month mentoring programme
  • four days of hybrid work experience from our Leeds office
  • an opportunity for one student from the 2025 cohort to receive a bursary of up to £10,000

The bursary can be used to help with costs for higher education or relocation for an apprenticeship. 

The programme is aimed at young people who live in areas of lower social mobility. After the launch of the scheme in 2024, it will again focus on students in the Leeds area who have recently taken their GCSEs and are coming to the end of their full-time education (i.e. in Year 12 and between 16 and 17 years old).

Further details about the different aspects of the programme are set out below.

Mentoring

  • online monthly mentoring and coaching over a 12-month period, starting in Q4 2025
  • one-to-one contact with a Bank employee who can acts as role model/mentor
  • mentor will guide students through key milestone events such as CV preparation and further education application processes
  • mentoring sessions will include master classes and career stories from senior members of the Bank

Work experience

  • two days in the Leeds office offering opportunities for face-to-face networking, as well as two days virtual work experience, intended to replicate hybrid working
  • a blended provision of online presentations and group exercises

Bursary 

  • there is a minimum educational requirement of three Cs at A level
  • students must have a household income of £30,000 or less

Background to the programme

The Bank has set up this programme in memory of Mel Beaman, who passed away suddenly in 2023. She made significant contributions to the Bank throughout her career and to our social mobility agenda. Mel mentored colleagues as she developed her career and spoke openly about her background to encourage others’ ambitions.

Eligibility

Evidence from the Social Mobility Independent Commission shows that the financial services sector has lower levels of diversity of socio-economic backgrounds.footnote [1]

To be eligible for the programme, applicants must:

  • reside in the Leeds area i.e. the local authorities of Leeds, Bradford, Kirklees, Calderdale, Wakefield, Selby, York, Harrogate and Craven;
  • able able to commute to the Bank’s Leeds office for the hybrid work experience (week beginning 21 July 2025) – expenses will be reimbursed;
  • be in Year 12 as of September 2024 and moving into Year 13 in September 2025; 
  • attend, and have always attended a state-funded (non-fee paying) school or college in the UK;
  • have at least five GCSEs at grade 4 including English and maths;  
  • have been, or are, eligible for free school meals while at secondary school; and 
  • have a maximum household income of £30,000.  
To apply, please complete and submit the application form by 10am on Tuesday 27 May 2025.
  • By applying to the Mel Beaman Student Programme the Bank of England (‘we’ or the ‘Bank’) collects personal data about you. This information includes contact details, educational background and other socio-economic data that’s required to assess applications against the programme’s eligibility criteria. 

    If your application is successful, we may also collect additional information that’s necessary for your enrolment and participation in the programme. 

    It is within our legitimate interests to process your personal data for the purposes of assessing applications and administering the programme. 

    We will keep your personal data for the duration that is required to meet our purposes, after which it will be securely disposed.  

    You have a number of rights under data protection laws. For example, you have the right to ask us for a copy of the personal data the Bank holds about you.  This is known as a ‘Subject Access Request’. You can ask us to change how we process or deal with your personal data, and you may also have the right in some circumstances to have your personal data amended or request that we no longer use your personal data and have it deleted. 

    To contact us about your privacy rights, or to find out more about how the Bank protects the privacy of the individuals whose data we process and to contact the Bank’s Data Protection Officer, please see Privacy and the Bank of England.

This page was last updated 14 April 2025