SSH Rate

Houblon-Norman and George Fellowships for the Study of Financial Business Institutions

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.

The Houblon Norman Fund (registered charity 213168) is administered by trustees, on the advice of an expert committee.

Who is eligible for a fellowship?

Our fellowships will enable successful applicants to engage in research on an economic or financial topic of their own choice, preferably one that it would be particularly beneficial to study at the Bank of England. When they consider applications, the trustees will pay particular attention to how relevant the research is to current problems in economics and finance.

Senior fellowships will be awarded to distinguished researchers who have established a reputation in their field. Fellowships will also be available for younger postdoctoral or equivalent applicants. The length of the fellowship will be agreed with you, but will not normally be less than one month or more than one year.

The total amount distributed in any year rarely exceeds £120,000. The award will broadly reflect the circumstances of successful candidates, and will as much as appears necessary for their work to be undertaken. Fellows will be provided with office accommodation at the Bank of England and other necessary support services. In some circumstances, the award might take the form (in whole or part) of payment to the individual's present employer. A further allowance may be made to cover travelling expenses or other incidental costs. Fellows will not be able to carry out teaching or other paid work during their tenure without the trustees’ consent.

Applying for a fellowship

Please note applications for 2019/20 are now open. The closing date for applications is Tuesday 6 November 2018. Completed application forms should be sent to

Application form

For queries about the fellowship you can email, or call +44 (0)20 3461 3778.

History of the fellowships

The Houblon-Norman Fellowship was established in 1944 to celebrate our 250th anniversary. It is named after the first Governor of the Bank, Sir John Houblon, and the Governor at the time of the anniversary, Montagu Norman.

The George Fellowship was established in 2003 to recognise former Governor Sir Edward George’s lifelong service to the Bank, and his role as the first chair of our Monetary Policy Committee.

Application date
6 Nov 2018
1 month - 1 year
Europe United Kingdom
Social sciences Business and Administrative Sciences Economics Law
Required post-doc experience: 
between 0 and 99 years