Such a training programme is currently not available. In particular, they need a structured set of courses, linked to each other, which smoothes out the heterogeneity in existing knowledge ensures a common ground for the type of analysis staff members need to provide, and help to develop the staffs' knowledge in the directions needed by Central Banks activities.
Furthermore, the human capital of mid-ranked officials is often not up-to-date, and, because of institutional constraints, young staff members, even with PhD, find it hard to adapt their knowledge to the needs of a central bank or to acquire new skills.įor this reason, Central Banks need a regular training. The staff of a typical central bank is heterogeneous in terms of type and level of knowledge. In-depth and up-to-date knowledge of advanced macroeconomic and quantitative tools is needed to produce the relevant background analysis, which is then used to assist monetary policy decisions. Central banks have an increasing demand for staff members who are well trained both in modern macroeconomics and quantitative methods. Our courses are open to officials and also to PhD students. The Budapest School for Central Bank Studies, established by the Magyar Nemzeti Bank (the central bank of Hungary) in 2008, offers intensive weekly courses in macroeconomics, monetary economics, international economics, banking and financial economics and quantitative and econometric methods specifically tailored to the needs of Central Banks. įor more information on our upcoming courses, please visit this website.
#Research studies near me registration
Registration is now open to these hybrid courses: July 25-29: Prof. The format of the summer courses scheduled to July and August 2022 will be hybrid (classes will run simultaneously face to face and online to allow students to choose the modality that best suits their needs).