Postgraduate Program in Central Banking

Presentation

The Postgraduate Program in Central Banking aims to meet the growing demand for highly qualified professionals in areas of special interest to central banks, such as macroeconomics and monetary policy, financial markets, and banking regulation and supervision.

The program offers innovative training that combines solid knowledge in economics and finance with advanced preparation in quantitative analysis. All of this is developed in an environment that prioritizes the practical application of acquired knowledge, thanks to a stays program at the Bank of Spain. The curriculum is also designed to foster student versatility and adaptability by providing skills that support professional development in a global economic and financial environment, which is increasingly complex and constantly evolving.

The first trimester is common to the three areas and begins with two weeks dedicated to reviewing fundamental concepts in mathematics and statistics necessary to follow the program. The remaining courses in this trimester include:
  • Data Analysis and Statistics
  • Microeconomics and Industrial Organization
  • Macroeconomics and Monetary Policy
  • Financial Markets and Institutions
  • Civil and Commercial Law
  • The Bank of Spain and the Eurosystem

Second Trimester - Core Courses

  • Artificial Intelligence and Big Data
  • Financial Economics
  • Banking Regulation, Supervision, and Resolution

Second Trimester - Specialization A

  • Monetary and Fiscal Policy
  • International Economics
  • Applied Econometrics

Second Trimester - Specialization B

  • Public Economics and Fiscal Policy
  • Financial Accounting
  • Administrative and Labor Law

Third Trimester

  • Stays at the Bank of Spain
  • Final Thesis

Degree: Postgraduate Program in Central Banking, awarded by the Centro de Estudios Monetarios y Financieros (CEMFI)
Duration: 9 months
Start Date: Late September 2025
Languages: Spanish and English
More Information:
Note: This program is part of the training-selection phase of the Bank of Spain’s recruitment process, described at the following link.