Connect with IMF Institute

Financial Sector Policies (FSP)

FSP

This course, presented by the Institute for Capacity Development, begins with an overview of financial risks and how they are transmitted within and between the financial system and the real sector. Participants then examine the design and impact of financial sector policies to mitigate assessed vulnerabilities starting with the rationale for micro-prudential and macroprudential policies. The interactions between macroeconomic and macro-prudential policies are also discussed. Although the emphasis is on preventive strategies, the course also discusses policies to deal with financial distress situations and contingency planning. The combination of lectures, case studies, and hands-on workshops allows participants to discuss and experiment with various policies to gauge their outcomes, intended and unintended. Those who are primarily interested in risk assessment are referred to the Financial Sector Surveillance course, where that is the focus. 

Read More Topic : Financial Sector Policies

    Target Audience

    Junior to senior government officials engaged in setting policy for the financial sector, particularly the staff of central banks, financial regulators, and any other agencies involved in micro- or macroprudential oversight.

    Back to top

    Qualifications

    Participants are expected to have an advanced degree in economics or finance, or equivalent work experience; a basic understanding of econometrics; the ability to interpret econometric results; and working knowledge of Excel. It is strongly recommended that applicants have completed the online Financial Market Analysis (FMAx) course and the Financial Sector Surveillance (FSS) course because understanding and assessing financial sector risks is important to the design of mitigating policies.

    Back to top

    Course Objectives

    Upon completion of this course, participants should be able to:

    • Identify channels through which shocks are transmitted between the financial sector and the real economy, and within and between financial systems. 
    • Analyze relevant micro- and macroprudential policies, how they are likely to interact with other policies, and any possible unintended consequences.
    • Recommend macroprudential tools to prevent and mitigate systemic risk and identify likely specific implementation challenges.
    • Assess the effectiveness of microprudential and macroprudential policies.
    Back to top

    Upcoming Offering

    Start date End date Location Delivery Method Session No. Primary & (Interpretation) language Apply
    February 26, 2024 March 8, 2024 Beijing, China In-person Training CT 24.02 English Invitation
    April 29, 2024 May 10, 2024 Zanzibar, United Republic of Tanzania In-person Training OT 24.05 English Apply online by March 22, 2024
    June 3, 2024 June 14, 2024 Washington, D.C., United States In-person Training OT 24.12 Spanish Apply online by February 25, 2024
    November 11, 2024 November 22, 2024 Vienna, Austria In-person Training JV 24.35 English Apply online by August 11, 2024
    Back to top

    Apply Now - Application deadline approaching:

    IMF offers online training to government officials and the public. Click Learn more to find our current offerings.

    Macroeconomics of Climate Change (MCC)

    Spanish | April 1-5, 2024 | In-person Training | San Jose, Costa Rica

    Apply online by February 23, 2024

    Financial Sector Policies (FSP)

    Spanish | June 3-14, 2024 | In-person Training | Washington, D.C., United States

    Apply online by February 25, 2024

    Macroeconometric Forecasting and Analysis (MFA)

    English (French, Portuguese) | March 25, 2024 - April 5, 2024 | In-person Training | Ebene, Mauritius

    Apply online by February 25, 2024

    Safeguards Assessments of Central Banks (SAC)

    English | May 6-10, 2024 | In-person Training | Vienna, Austria

    Apply online by February 25, 2024

    Virtual : Financial Market Infrastructures: Principles and Practices (FMI-PP)

    English (French, Portuguese) | March 11-15, 2024 | Virtual Training | Ebene, Mauritius

    Apply online by February 25, 2024