Master’s Degree in Systemic Risk
Animation description: The words Markets and Society independently slide in around a large ampersand.


Understand the theory and practice of managing systemic risk
This year-long, specialized program gives early- and mid-career employees of central banks and other major regulatory agencies exposure to leading ideas in macroprudential policy, financial crisis management, global financial regulation, monetary economics, crisis communications, and central banking.

Learn from top finance scholars and experienced central bank practitioners. Prepare yourself to take on positions of ever-increasing responsibility within the financial stability function of your nation’s economy.
Admissions
All candidates for admission to the Master’s Degree in Systemic Risk program must first be nominated by a qualified institution.
Tuition & Financial Aid
We work with prospective and admitted candidates and will continue to advise you on post-graduation loan repayment, fellowship programs, & loan forgiveness.
Our community

“At Yale SOM, I’m building on my skill set, while also gaining a broader and more international perspective in the field of financial stability policy. Central banking is often viewed as an esoteric subject, but one that has tremendous influence on people’s lives.”
—Ayyappan Ravindran Nair ’21, General Manager, Reserve Bank of India
The student experience
Become a student at SOM, a citizen of Yale, and a part of the New Haven community.

Your sense of your own purpose will be strengthened by joining a community of people who value values and support each other in pursuit of impact.

Your days will be spent studying—both in Evans Hall and across the beautiful Yale campus—and exploring everything New Haven has to offer.
As part of Yale University, you'll be among leading thinkers and teachers, as well as a cohort of fellow students pursuing excellence across fields of study.


As part of our mission, we engage with the problems afflicting our world—notably issues of discrimination, bias, and equity—and seek to build a community that achieves and celebrates diversity.
We believe the most impactful leaders always weigh both sides of the ampersand in our mission—business and society.