Course essentials
Understand the key models used by leading central banks to inform monetary policy and financial stability policy decisions, and be able to apply these models analyse relevant policy issues.
The course will explore key questions such as:
- What impact has unconventional monetary policy had? Should central banks now unwind their quantitative easing programmes?
- What is "Growth at risk"? How can macroprudential regulators use this concept to inform policy actions?
- Should central banks offer deposit/lending facilities to all firms and private citizens? What impact will a Central Bank Digital Currency have on monetary policy and financial stability?
- How will the transition to a low carbon economy impact the macroeconomy? What risks are there for the financial system?
Indicative programme outline*
| Week 1 (1 March) |
Monetary Policy Analysis
|
|---|
| Week 2 (8 March) |
Financial Stability & Macroprudential Policy Analysis
|
|---|
| Week 3 (15 March) |
Data analyics
|
|---|
| Week 4 (22 March) |
Data analytics part 2
|
|---|
| Week 5 (29 March) |
Climate Finance
|
|---|
| Week 6 (5 April) |
Digital currencies & FinTech
|
|---|
| QCGBF Annual Conference |
All participants are invited to join us at the annual QCGBF conference taking place in London 5 and 6 July 2022.
|
|---|
*Please note the exact structure may be subject to change.
Book a consultation
Terms and Conditions for executive short courses.
Who is this course for?
- This course is highly beneficial to professionals currently employed in central banks, financial regulatory agencies, or the private sector, and doctoral students in Economics or Finance or related field.
Entry requirements
- A masters degree in Economics or Finance, or two years of relevant professional experience evidenced through an online application form.
- Participants will have the opportunity to attend introductory lectures in monetary policy and financial stability policy delivered in virtual format two weeks prior to the spring school.
- This course is taught entirely in English and you must be able to converse, interact and write in English to be able to participate fully in the course.
Course fees
- The full fee for this course is £3,450.
- An Early Bird saving of 15 per cent will apply to all applications made on or before 24 January, 2022 for the 28 February, 2022 programme. This saving cannot be used in conjunction with any other offers.
- We offer a number of corporate group and individual scholarships and bursaries to support financing your studies. We are also happy to support you in providing a business case for sponsorship from your employer.
Book a consultation
Programme impact
This short course aims to connect and educate professionals and academics within the central bank ecosystem and expose them to the latest thinking and ideas pioneered by the Qatar Centre for Global Banking & Finance.
On completing the course, you will understand the key models used by leading central banks to inform monetary policy and financial stability policy decisions, and be able to apply these models analyse relevant policy issues.
The Spring School in Monetary & Financial Policy Analysis provides:
- An insight into key models used by leading central banks to inform monetary policy and financial stability policy decisions, and an understanding of how to apply these models to analyse relevant policy issues
- An understanding of the policy frameworks that underpin monetary policy and financial stability policy actions, and the ability to critically assess their strengths and weaknesses
- An introductory understanding of key innovations in the areas of climate finance and fintech, areas of rapidly growing interest for central banks
- A chance to develop new practical skills, including exposure to the latest advances in data analytics and applied econometrics
- Insights from expert guest speakers from central banks and the City of London to give a "real world" perspective on the challenges facing the global economy
- Networking opportunities with a cohort of attendees from around the world
Book a consultation
Learn from the experts
King’s College London is renowned for working closely with leading practitioners across a range of professions. Over the course of the programme, we also invite guest speakers from industry to share their insights and discuss their own practice & leadership experiences.
Guest speakers include:
- Professor Martin Weale (King's Business School, former member of the MPC)
- Nicola Anderson (Bank of England)
- Dr Richard Barwell (BNP Paribas)
- Tony Yates (formerly Bank of England)
David Aikman joined King’s Business School in April 2020 as Professor of Finance and Director of the Qatar Centre for Global Banking and Finance. Previously, he spent 17 years working as an economist at the Bank of England – most recently in the role of Technical Head of Division in the Financial Stability Strategy and Risk Directorate where he led the Bank’s work on various macroprudential issues.
Between 2013 and 2015, David was seconded to the Board of Governors of the Federal Reserve System in Washington DC, where he worked as an advisor in the Division of Financial Stability. In 2008, David was a Visiting Scholar at the Bank of Japan’s Institute for Monetary and Economic Studies. David has represented the Bank in various international fora, including meetings of the Financial Stability Board, the Basel Committee, and the European Systemic Risk Board.
George Kapetanios is Professor of Finance and Econometrics at King's Business School. He joined King's in September 2015. He holds an MSc from the London School of Economics and Political Science and a PhD from Cambridge University. Prior to joining King's he worked at the National Institute of Economic and Social Research and the Bank of England. He was Professor at Queen Mary, University of London, where he was also Head of the School of Economics and Finance between 2007 and 2014.
Rhys Michael Bidder is Deputy Director of the Qatar Centre for Global Banking & Finance and a Senior Lecturer in Finance at King's Business School. His research interests are both applied and theoretical, focusing on macroeconomic policy, banking, and financial regulation. Rhys is especially interested in distressed debt and stress testing - both timely and important topics as the effects of COVID play out and as climate risks are gradually incorporated into stress scenario modelling.
Book a consultation