Meet the Master’s Degree in Systemic Risk Class of 2025
June Rhee, director of the Master’s Degree in Systemic Risk program, shares details about the incoming cohort.
Yale SOM’s new Master’s Degree in Systemic Risk program class arrived at Edward P. Evans Hall on August 12 for a weeklong orientation program. Bringing a wealth of global experience at central banks and other regulatory agencies, the 12 incoming students in the Class of 2025 will begin classes on August 28.
This diverse and accomplished cohort will contribute to the program’s overarching goal of building a community of policymakers prepared to understand and manage financial crises. The new students represent financial institutions including the Central Bank of Namibia, Bank Indonesia, the Indonesia Financial Services Authority, Bank of Japan, the Ministry of Finance in Japan, Bank of Korea, Reserve Bank of India, and Banco de Mexico. The average work experience among the new students is more than five years, and all members of the class plan to return to their home institutions after completing the program.
The average age of the incoming students is 33, and all 12 members of the class hold international passports. They speak languages including English, French, German, Hindi, Indonesian, Japanese, Korean, Mandarin, and Spanish; their undergraduate majors include English literature, economics, finance, management, law, and political science. Three students have already completed graduate degrees in other academic areas.
The students 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 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. This first-of-its-kind master’s program launched in fall 2017.