The University of Cambridge's Judge Business School has announced that it has launched new scholarships for its Master of Finance program (MFin).
The new scholarships are only available for employees of central banks, and are aimed at boosting financial market expertise within central banks.
"The financial crisis of 2007-2008 showed the need for greater knowledge of financial markets among central bank employees, who traditionally have come from an economics rather than finance background," according to a statement from Cambridge - Judge.
Indeed, with the onset of new financial regulatory responsibilities for many central banks, financial knowledge is becoming even more important.
Over twelve months, Cambridge's MFin program tackles subjects like derivatives, financial reporting, and credit. With electives like "Overview of Financial Regulation," and "Risk Management & Hedging in Markets," students can tailor the program to their own needs. The program also features several hands-on projects.
To apply for the program, candidates must have at least two years of work experience in a finance-related role.
The new scholarships will cover at least one-third of the program's tuition, or even more if the central bank makes matching scholarship contributions.
For more information, please see the Cambridge - Judge press release announcing the launch of the new MFin scholarships for central bankers.