Program Overview

Graduate Certificate in International Banking and Monetary Systems

The Graduate Certificate in International Banking and Monetary Systems is a 15 semester credit hour program that teaches students both econometric and machine learning methodologies with applications for monetary economics, forecasting, and macroeconomic aspects of banking. This certificate program focuses on the systematic study of mathematical and statistical analysis of economic phenomena and problems.

Program Description

The program includes instruction in economic statistics, optimization theory, cost/benefit analysis, price theory, economic modeling, and economic forecasting and evaluation.

Faculty

The faculty members for this program are:

• Professors: Patrick T. Brandt, Euel W. Elliott, Jennifer S. Holmes, Dohyeong Kim, Clint W. Peinhardt, Richard K. Scotch
• Associate Professor: Simon M. Fass
• Assistant-Professors: Elías Cisneros, Marcelo Leal, Erin Litzow, Anton Sobolev, Pengfei Zhang
• Professors Emeriti: Paul Diehl, Lloyd J. Dumas, Donald A. Hicks, Murray J. Leaf
• Professor-of-Practice: Timothy M. Bray
• Professor of Instruction: Karl K. Ho

Admission Requirements

To be admitted to the program, applicants must have:

• An undergraduate degree with some statistical and/or econometric coursework
• Evidence of proficiency with statistical software packages
• Some familiarity with basic computer programming

Coursework

The program requires the following courses:

• ECON 5322 Macroeconomic Theory for Applications
• ECON 5303 Forecasting for Economics and Business
• ECON 6305 Mathematical Economics
• ECON 6306 Applied Econometrics
• ECON 6357 Monetary Economics and International Banking Note: On a contingency basis, or upon availability, ECON 5322 may be substituted by ECON 6356 or PPPE 6368.

Program Structure

The Graduate Certificate in International Banking and Monetary Systems represents a portion of the MS in Economics program's focus on macroeconomics and international monetary economics. The certificate may be open to degree-seeking as well as non-degree-seeking students who meet the qualifications.