The modular nature of the programme allows students to study an individual module for an Award, or complete the MSc in three years. This part-time course is flexible enough to fit around busy working lives across the globe and is designed for participants to apply what they have learned directly to their organisation.
Mark Carney, Governor of the Bank of England, said: “Building on the success of our Central Banking Qualification we are excited to be partnering again with WBS on this new qualification. In a world with an increasingly interconnected global financial system, it is right that we invest in and train practitioners, regulators and central bankers of the future."
The course will cover topics including Comparative Central Banking, Financial Regulation, Monetary Policy, Big Data, Behavioural Finance as well as Financial Conduct, combining research and insights from academics at one of the world’s leading business schools alongside policymakers and regulators at the Bank of England.
By using the platform that has powered the Distance Learning MBA provided by Warwick Business School to number one in the world in the Financial Times’ latest ranking, participants will be able to use a virtual classroom to listen to lectures, take part in group work and seminars, and access rich interactive learning resources.
The MSc consists of six modules from a choice of seven, each taking 17 weeks to complete, plus a dissertation, but time-pushed participants can choose just one module and earn themselves a Postgraduate Award qualification.
Course director John Thanassoulis, Professor of Financial Economics and also a member of the Competition and Markets Authority panel, said: “The face of monetary policy and financial regulation has changed significantly since the global financial crisis of 2008 and is currently being disrupted again.
“The need to manage financial stability as well as inflation, the expectation that ethical standards in Finance must improve, the advent of big data, and the need to conduct monetary policy close to the zero lower bound on interest rates are all changing the nature of central banking.
“It is in this climate that, in partnership with the Bank of England, we have developed the MSc Global Central Banking and Financial Regulation, which offers valuable knowledge and skills for banking professionals around the world.”
The first cohort will start the course in October 2019 and online access can be via a PC, tablet or smartphone with careers support also on offer.
Andy Lockett, Dean of Warwick Business School and Professor of Strategy and Entrepreneurship, added: “I am delighted that Warwick Business School is partnering with the Bank of England to develop and deliver this exciting new programme.
“A lot of work has gone into designing the MSc Global Central Banking and Financial Regulation and in using the latest digital technology to deliver it to homes and offices across the globe.
“This is a truly bold new step for finance education as we try to bring world-class research and insights from expert central bankers to students and professionals in all parts of the world.”
Notes to editors
1. Further details on the new course can be found at Warwick Business School.
2. Biographical information for Professor Thanassoulis.
3. The first partnership between the Bank of England and Warwick Business School, the Central Banking Qualification, was launched in 2016. Earlier this year, we celebrated the first cohort of students completing the Certificate year of the MSc in Central Banking and Financial Regulation.