Being a Senior Economist at the Bank of England

Federico providing lectureFederico Di Pace delivers Insight Talk to students

The Professional Liaison Network (PLN) were delighted to welcome Federico Di Pace to the School of Economics, Finance and Management to provide insight into his world as a Senior Economist.

Federico studied an undergraduate degree as well as a PhD in Economics, and taught as an academic at both Warwick and St Andrews before embarking upon his career in industry.

During his visit, Federico outlined his career journey and current role, provided advice to students on their study choices and invited questions at the end of his talk.

We caught up with Federico to ask him three questions;

What made you choose to study Economics?

“I wanted to change the world, to make a difference. Although my goal was utopic, there is a lot of realism in it. I learnt over the years the work you do, if done with passion, inspires others and can in practice achieve this goal. Hence the reason why I decided to give this talk.

What do you enjoy most about your role at BoE?

“I enjoy the fact that our analysis at the BoE can make a difference for society, that you work with colleagues that you are exposed to super interesting questions and that the work presents challenge. I never get bored working there. There is always something interesting to do and work on.

What advice would you give to students currently studying Economics?

“Party hard, study hard. My recommendation is that students 1) take advanced math and programming classes, b) that they work with (collect) data, especially with large data, c) study economic theory and test it against the data using statistical methods, d) write, write and keep on writing (essays, blogs, theses) until you feel you can communicate clearly – communication is key, especially in Central Banking.”

Guest speaker providing lecture to attendees
Students from EFM attended the Insight Talk

Brilliant advice from Federico – thank you for taking the time to visit University of Bristol.

As well as regular Insight Talks showing how your degree can be used in real-life, the PLN offer a mentoring scheme to help prepare students for their careers after graduating. Find out more about the Professional Liaison Network.

*All views are those of Federico’s own, not those of the Bank of England or its committees.