This course is taught by economists with substantial experience working with central banks, regulators and other financial institutions.
It is designed for those intending to prepare for an active career in a central bank or a regulatory authority overseeing financial markets and institutions, or who wish to gain experience of these institutions before working in the financial sector. It provides relevant preparation for work as an economist, supervisor or regulator in commercial and investment banks, credit rating agencies, pension companies and insurers, as well as in the public sector.
Unlike a typical economics MSc, this course includes core modules in consumer and firm behaviour, and the macroeconomic context for policymaking. It provides an introduction to monetary and financial policymaking, and hands-on data analysis modules with applications relevant to monetary and financial institutions.
Specialised modules refer to monetary economics and policy, economics of corporate finance, economics of household finance, and options are offered in macro-financial and general equilibrium (DSGE) modelling techniques used widely by central banks and regulators. These modules offer advanced understanding of institutions, policymaking bodies and techniques used to evaluate policies.
This course has close links with the Centre for Finance, Credit and Macroeconomics. Teaching is conducted by centre Fellows and draw on research published in the working paper series and internationally recognised peer-reviewed journals. It is further supported by a weekly seminar series, one-day conferences and regular public lectures.