Meet the Master’s Degree in Systemic Risk Class of 2024

The Yale School of Management’s new Master’s Degree in Systemic Risk program class arrived at Edward P. Evans Hall on August 14 for a weeklong orientation program. The 10 incoming students in the Systemic Risk Class of 2024, bringing a wealth of global experience in central banks and other regulatory agencies, began classes on August 30.

The diverse and experienced members of the Yale SOM Master’s Degree in Systemic Risk Class of 2024 come together in building a community of policymakers well-prepared to understand and manage financial crises. Some institutions that the new students represent include Bank of Japan, Ministry of Finance in Japan, Bank of Korea, Bank Negara Malaysia, Reserve Bank of India, and Shenzhen Qianhai Dashu Financial Company. The average work experience of the new class is more than 10 years, and the majority of the students plan to return to their home institution after the completion of the program.

The average age of the students in the new class is 35 years; they speak languages including Hindi, Japanese, Korean, Mandarin, Malay, and Spanish. The Class of 2024 represents eight countries overall and their undergraduate majors include economics, finance, and law. Three students are completing a dual degree with the MBA program at Yale SOM. They will complete a slate of required courses focused on macroprudential policies, central banking, financial crisis management, and global financial regulation. They will also take elective courses with emphasis in statistics, economics, and finance.

The Master’s Degree in Systemic Risk program is a one-year, in-residence, specialized course of study for employees of central banks and other regulatory agencies with a mandate for financial stability. The program is designed to give students from around the world a deeper understanding of managing systemic risk and responding to financial crises. The first-of-its-kind master’s program launched in fall 2017.