Banking On A Bright Future

Posted on: 05/06/2018

A group of our Sixth Formers had the opportunity to visit Harrow School to take part in a Q&A session with Mark Carney, Governor of Bank of England.

 Governor Carney started off by explaining what the Bank of England does. He was gracious, engaging and used terminology that all students could understand and follow. Questions varied from regulation, UK-China relations, the effects of Brexit, to quantitative easing and whether GDP was the best measure for growth. This was especially great for the A-Level Economic students who are preparing for their upcoming exams, to understand the theory taught in class being put into practice and the implications of that.

 In front of the five hundred assembled guests, Hatch End’s Daisy Suffield asked a topical and thought-provoking question about the way in which the Bank of England communicates with the general public. All students who attended, left more knowledgeable about the Bank of England and its role in the UK economy.

Mark Carney also gave some careers advice to students attending. He himself attended a state school in Canada and he suggested:

• Have an orientation rather than a rigid career plan
• Follow your passions and interests
• Work with good people and good institutions and good things will happen for you.

Mark Carney told us that the Bank of England recruits candidates from a range of subject areas - not just economists - in order to give a balanced perspective. He mentioned the Bank of England’s blog - ‘Bank Underground’ - and that the Bank also provides internships for A Level and undergraduate degree students studying at university.

Miss Barai Economics/Business Studies Department

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