Banking Summer School

The ARBE Oxford Banking Summer School at the University of Oxford plan to offer an exceptional opportunity for outstanding graduates in economics and finance and graduates from universities around the world to experience Oxford academic life for six weeks in July – and August 2018, with the same contact hours as for modules of a regular one year Masters-level university course.

All participants will have the opportunity to study three modules delivered by world-leading academics such as Professor Charles Goodhart (LSE), Dr James Forder (Vice-Master, Balliol College, Oxford), Professor Dariusz Wójcik (Oxford) and Professor Richard Werner (Linacre College, Oxford, and University of Southampton). All courses are taught to Oxford standard. Programme delegates can additionally sign up for research paper supervision, giving them the opportunity to work closely with an expert on developing an original research paper of Masters dissertation standard that is the delegate’s original work.

Outside classes, all participants will have the chance to taste the diverse range of Oxford social, cultural and sporting life. After the summer programme is over, they will also have the opportunity to maintain their Oxford connection through a lifelong membership of the Association for Research on Banking and the Economy (ARBE, a registered UK educational charity) and its Associate Status at Linacre College.

The price covers the course fees for three academic modules, delivered by first-class university lecturers and academics, housing for the length of the programme, a partial meal plan and planned activities and excursions. To enrol in more than the 3 modules please contact us at

Academic Modules and Prerequisites

Each participant will study 3 academic modules of choice which will be delivered during the course of six weeks, whereby each module consists of 24 hours of lectures. The modules on offer are as follows:

International Banking  ► delivered by Prof. Richard Werner, Dr. Josh Ryan-Collins, Dr. Konstantinos Voutsinas, Charles Haswell and Dr. Farhad Reyazat
Development Finance and Sustainable Growth  ► delivered by Prof. Charles Goodhart and Prof. Richard Werner
Central Banking and Financial Regulation  ► delivered by Prof. Charles Goodhart, Dr. James Forder, Prof. Richard Werner, Daniel Palotai (Chief Economist, Hungarian Central Bank) and Charles Haswell
Monetary and Fiscal Policy  ► delivered by Prof. Charles Goodhart, Dr. James Forder and Prof. Richard Werner
The East Asian Economic Miracle  ► delivered by Prof. Richard Werner and Prof. Dariusz Wójcik
European Political Economy  ► delivered by Baron Karl-Theodor zu Guttenberg and Prof. Dariusz Wójcik
Islamic Finance  ► delivered by Prof. Taufiq Choudhry and Dr. Farhad Reyazat
Applied Econometrics  ► delivered by Dr. Tapas Mishra and Dr. Kang-Soek Lee
Research Methods in Banking, Finance and Economics (additional course, including thesis supervision) delivered by Prof. Richard Werner, Prof. Charles Goodhart, Prof. Taufiq Choudhry, Dr. Tapas Mishra, Dr. Kang-Soek Lee and Dr. Konstantinos Voutsinas                                         

The course lectures will be capped at 35 students and seminars at 15 students, where applicable, to ensure that every student can interact with lecturing professors, which will allow delegates to draw insights into the world of finance, banking and regulation.

In addition to the three modules, programme participants have the opportunity to take an additional course, if they wish, in Research Methods for Business, Finance and Economics, which includes individual research supervision to produce a 7,000-10,000 word final thesis.

Pre-requisites for courses

Participants will be advised about any reading materials that they would need to familiarise themselves with prior to the start of the programme. Once at Oxford, they will be granted access to the in-house library at Linacre College and/or supplied with the necessary reading materials should these not be freely available or situated in the library. They can also apply for access to the Bodleian Library, the main research library of the University of Oxford, which is one of the oldest and largest libraries in Europe. With over 12 million items, it is the second largest library in Britain after the British Library.


To be eligible for the ARBE Banking School at Linacre College, University of Oxford, applicants need to be at least 18 years old, be enrolled at a recognized university; and have a minimum cumulative GPA of 3.0 or international equivalent. All applicants are expected to possess a high level of fluency in English prior to the start of the summer programme.

Another important condition for admittance is that applicants are highly motivated to study subjects in banking, finance and economics. A personal statement will be required from each applicant to this effect.

How to Apply

To apply, please submit your full curriculum vitae (max. 3 pages) and a statement of purpose (max. 1 page) with your contact details to and effect payment of the application fee to Assoc. for Research on Banking & the Economy, at HSBC, UK, sort code 40-46-39, account no. 61884964, reference ‘Oxford Summer’. You will be informed of the outcome within three weeks of receipt of your application and the application fee. The application deadline is 15th March 2018. For further questions, please email

The Association for Research on Banking and the Economy (ARBE) is a registered UK educational charity. Registered with the Charities Commission.
Applicants are requested to mail their full CV to and pay the application fee of £105, to ARBE at HSBC: sort code 40-46-39, account no. 61884964, reference ‘Oxford Summer’ before 15th March 2018.