Research support programme

We work with universities and students on research projects

What is our Research Support Programme?

Our research underpins everything we do, from drawing up policies to designing banknotes. 

We have launched our annual Research Support Programme this academic year to encourage greater collaboration with universities, and provide students with a chance to experience research at the UK’s central bank. The programme offers research projects for MSc dissertations, with students supported by our staff and academic supervisors.  

How the programme works

Each year we identify key research themes. Our current priorities include digital currencies, machine learning and payment systems. You’ll see the full list of our current research priorities further down the page. 

Universities interested in participating in the programme should contact us to express their interest, specifying the research themes (from our list) that interest them. More details about how to participate are available down the page.

How to apply and the programme calendar

The annual Research Support Programme has four stages.

November - December

Universities register for the programme. They tell us which of our research priorities they want to work on. For this year’s programme, universities should email us at by 31 December 2023 to register.

December - January

We contact universities with suggested topics for MSc dissertations. We specify the skills required for each project. For example, we might say that coding skills are necessary for a project.

January - February

Universities share details of the research projects with students. Each university selects one student per topic and sends us profiles of these students and their work. For each topic, we review all student profiles and select one student to work on each project. We tell universities whether their students have been selected for the programme, or not. 

June - September

We work with students, alongside their academic supervisors, to shape their research project. We provide up to seven hours of support on each project.

Students submit their final dissertations in September. Each year, we may ask some of the students who participated in the programme to present their work at a workshop. This usually happens in early September at our building in London.

2023-2024 research priorities

Each year we select key research themes. In 2023-2024, our research will focus on:

  • Climate risk, green regulation and transition to net zero
  • Commodity price shocks and financial stability implications
  • Cost-benefit evaluation of policy interventions
  • Emerging risks on the resilience of UK financial system coming from the blockchain products
  • Evaluation of prudential policy
  • Foreign exchange (FX) markets and policy implications
  • Non-bank credit cycles
  • Organisation culture, diversity, equity & inclusion
  • Psychological Safety in workplace
  • Psychological Safety within the workplace
  • Risks in the real estate markets
  • Role of financial regulation in international competitiveness and economic growth
  • Understanding investor behaviour in money market funds
  • Use of machine learning & natural language processing to investigate issues relating to monetary policy, financial stability, financial sector regulation
  • Ways of Working/Flexible working

The Programme may offer the opportunity to cover undergraduate dissertations. Interested university can discuss this with the Programme’s management, given the different timelines for undergraduate dissertations.

This page was last updated 31 October 2023