Macro-Stress Testing (MST)
This course, presented by the Monetary and Capital Markets Department (MCM), discusses recent developments in stress testing for banks, insurance companies and mutual funds. The course is also adapted to regional specificities, such as the one offered for the Middle East and Northern Africa (MENA) region includes analysis of Islamic finance. This course gives participants the opportunity to learn and apply new tools used or created by MCM for purposes of stress testing and systemic risk analysis. New, emerging topics in stress testing, such as feedback loops between real and financial sectors, asset fire-sales, climate, systemwide liquidity and fintech related risks are also covered. Some of the tools are integral to the Financial Sector Assessment Program (FSAP) and technical ...
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 Objectives
Upon completion of this course, participants should be able to:
- 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.
- Develop and incorporate models that are capturing second round effects or interactions between different risk types.
Gender Inequality and Macroeconomics (GM)
English | July 14-18, 2025 | In-person Training | Vienna, Austria
Apply online by April 13, 2025
Central Bank Digital Currencies: Principles and Policy Considerations (CBDC)
English | July 21-25, 2025 | In-person Training | Vienna, Austria
Apply online by April 13, 2025
Financial Development and Financial Inclusion (FDFI)
English | August 18-29, 2025 | In-person Training | Washington, D.C., United States
Apply online by April 13, 2025