Houblon-Norman and George Fellowships are awarded to promote research into and disseminate knowledge and understanding of the working, interaction and function of financial business institutions in the UK and elsewhere and the economic conditions affecting them.
Who is eligible for a fellowship?
Our fellowships enable successful applicants to engage in research on an economic or financial topic of their own choice, preferably one that would particularly benefit from being studied at the Bank of England. Applicants are encouraged to consult the Bank of England Agenda for Research. When assessing applications, the trustees will place particular emphasis on the relevance of the proposed research to current issues in economics and finance.
Senior fellowships are awarded to tenured full or chaired professors. Fellowships are also open to applicants at all other career stages, including postdoctoral researchers or those with equivalent experience. The duration of the fellowship is flexible, typically ranging from one month to one year.
The total amount distributed in any year rarely exceeds £120,000. Awards are provided as a per diem allowance, to cover subsistence costs such as travel, accommodation, and incidental expenses incurred during the fellowship. These allowances do not cover salary and should not be considered a substitute for remuneration.
Fellows will not be able to carry out teaching or other paid work during their fellowship without prior approval from the trustees’.