Warwick Business School and Bank of England launch new course

Warwick Business School (WBS) and the Bank of England (BoE) have collaborated to launch a new online postgraduate programme, “Global Central Banking and Financial Regulation”, in 2019.

The programme allows students to study one module to receive a Postgraduate Award, or earn the Master of Science (MSc) qualification in three years.

Consisting of six modules and a dissertation and lasting 17 weeks, the MSc covers topics such as Comparative Central Banking, Financial Regulation and Monetary Policy.

BoE’s policymakers and regulators will work with WBS academics. The platform for the online programme also powers the Distance Learning MBA, which has been ranked first in the world by the Financial Times.

Using a virtual classroom to listen to lectures, partake in seminars and group work, and access interactive learning resources, the first cohort will begin in October 2019.

BoE Governor Mark Carney commented: “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.”

WBS Dean Professor Andy Lockett added: “I am delighted that WBS is partnering with the Bank of England to develop and deliver this exciting new programme.

“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.”

The course director Professor John Thanassoulis commented on how the course is situated within the current financial climate: “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.”