Training Program Course
Systemic Macro Financial Risk Analysis (MFRA)
This course provides a comprehensive overview of the theories, tools, and techniques necessary for thorough financial stability analysis. Couse focuses on systemic risk definitions, identification, assessment using a variety of models and tools (such as building risk dashboards): their pros and cons, and how they are related.
It also focuses on modeling links and feedback loops between macroeconomic variables and the financial sector, and vulnerabilities and risks of banks, nonbank financial institutions, non-financial corporates, households, and general government. The course also provides:
- high level overview of macro-financial risk analysis using stress testing of banks and non-bank financial institutions, corporates, and households;
- contagion and interconnectedness analysis;
- overview of climate risk analysis and stress testing.
Target Audience
Junior to mid-level officials from central bank financial stability departments, banking regulatory and supervisory bodies, and ministries of finance responsible for risk analysis, supervision, macro forecasting.
Qualifications
Participants are expected to have a degree in economics or finance. Experience with financial stability analysis is highly desirable.
