## Macro-Stress Testing (MST)

## Source details

**Canonical URL:** [Macro-Stress Testing (MST)](https://www.imf.org/en/capacity-development/training/icdtc/schedule/ct/2025/mstct25-08)

## Other formats

- [Markdown version](/en/capacity-development/training/icdtc/schedule/ct/2025/mstct25-08/index.md)
- [Structured JSON version](/en/capacity-development/training/icdtc/schedule/ct/2025/mstct25-08/index.json)
- [Bundle manifest](/en/capacity-development/training/icdtc/schedule/ct/2025/mstct25-08/bundle-manifest.json)

## Bibliographic details
- Session: CT 25.08
- Location: Shenzhen, China
- Dates: July 21-25, 2025 (1 week)
- Delivery method: In-person Training
- Primary language: English

---

### Training program and logistics
- Session No.: CT 25.08
- Location: Shenzhen, China
- Date: July 21-25, 2025 (1 week)
- Delivery Method: In-person Training
- Primary Language: English
- Presented by: Monetary and Capital Markets Department (MCM)

### Target audience and qualifications
- Target Audience:
  - Mid-level to senior officials working on financial supervision or financial stability in central banks or other supervisory authorities.
- Qualifications:
  - Participants are expected to have experience with stress testing, Basel regulations, and financial stability analysis.

### Course description — scope and tools
- Focus:
  - Recent developments in solvency and liquidity stress testing for banks.
  - Tools used or created by MCM for stress testing and systemic risk analysis.
- Application and context:
  - Tools are integral to the Financial Sector Assessment Program (FSAP) and were used in the context of the most recent China FSAP.
  - Content adapted to models that can be used under the specific data environment.
  - Emphasis on participant experience sharing on stress testing methodologies and financial stability analysis.
- Practical structure:
  - Hands-on modules covering the entire stress testing cycle:
    - Entering data and estimating macro-financial models.
    - Designing scenarios and selecting assumptions.
    - Running tests and communicating results.
    - Incorporating results into policy decision making (for example, informing the calibration of capital and liquidity buffers).

### Learning objectives — competencies on completion
- Identify main sources of financial stability risk.
- Summarize the principles for developing macro-financial stress scenarios.
- Link changes in macroeconomic and financial variables with financial results and measure their relative impact.
- Assess the resilience of individual entities and the financial system to solvency and liquidity stress.
- Be in a position to use and further develop the presented tools and model prototypes.

---


## References

- [In-person Training](https://www.imf.org/en/capacity-development/training/icdtc/delivery-methods)
- [Core Elements of Banking Supervision (CBS)](https://www.imf.org/en/capacity-development/training/icdtc/schedule/at/2027/cbsat27-10)
- [Advanced Government Finance Statistics (GFS-A)](https://www.imf.org/en/capacity-development/training/icdtc/schedule/ce/2026/gfs-ace26-45)
- [Fiscal Sustainability (FS)](https://www.imf.org/en/capacity-development/training/icdtc/schedule/ce/2026/fsce26-38)
- [Safeguards Assessments of Central Banks (SAC)](https://www.imf.org/en/capacity-development/training/icdtc/schedule/at/2026/sacat26-30)

_Source: https://www.imf.org/en/capacity-development/training/icdtc/schedule/ct/2025/mstct25-08_