Central Banking & Financial Regulation Summer Programme

The ARBE Central Banking & Financial Regulation Summer Programme at the University of Oxford offers an exceptional opportunity for graduates in economics and finance and professionals in central banking, regulation and banking, to experience Oxford academic life over six weeks (3rd July – 12th August), 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 excursions. To enrol in more than the 3 modules please contact us at info@arbe.org.uk.  There is high interest in the ARBE Central Banking & Financial Regulation Summer Programme, but only 35 participants will be accepted globally, so early applications are advisable.

Academic Modules and Prerequisites

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

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
International Banking  ► delivered by Prof. Richard Werner, Dr. Josh Ryan-Collins, Dr. Konstantinos Voutsinas, Charles Haswell and Dr. Farhad Reyazat
Risk Management in Central Banking  ► delivered by Dr. Farhad Reyazat, Prof. Richard Werner and Prof. Charles Goodhart
Development Finance and Sustainable Growth  ► delivered by Prof. Charles Goodhart and Prof. Richard Werner
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. 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, such as Research Methods in Banking, Finance and Economics, which includes 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.

Eligibility

To be eligible for the ARBE Central Banking and Financial Regulation Summer Programme applicants will have graduated from a recognised university, either at an undergraduate or graduate level and possess some relevant work experience of at least one year in the financial sector (e.g. central bank, financial institution, supervisory authorities), government or related institutions by the start of the course (end of June 2017). All applicants are expected to possess a high level of fluency in English prior to the start of the programme.