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Innovating and learning to solve a long-standing growth challenge
Capital-market development is essential to the creation of prosperous societies. There is a critical need—and significant demand—to rapidly increase human capacity in capital markets in developing countries. The IFC-Milken Institute Capital Markets Program provides an accredited, 8-month, graduate-level certificate program to fill this gap.
The core teaching team of the program comprises GW faculty with expertise in finance and capital markets, supported by IFC practitioners and Milken Institute experts. Students gain real-world experience from a wide network of business and policy leaders, striking a balance between academic rigor and practical training.
The boot camp, held for two weeks in August immediately prior to the start of the fall semester, provides refresher training in economics, basic finance and statistics. It is designed to prepare the cohort for the program’s core courses by establishing a common baseline of knowledge.
With a focus on developing and emerging economies, the core courses engage students in: (i) understanding the structure and function of capital markets; (ii) evaluating corporate-finance and risk-management decisions; (iii) making capital markets more resilient in a global economy; and (iv) using financial models and computational methods to extract insights from financial data.
Delivered by prominent guest speakers from public and private sectors, the lecture series augments the core courses by covering practical issues in capital-market development. Alongside, IFC’s proprietary case studies analyze concrete examples of successes and challenges drawn from 60 years of experience in capital markets.
Following the completion of the core courses, students will have the opportunity to put what they have learned into practice. Through the placement program, students will spend 3-4 months working for public or private financial institutions in the United States, mainly in Washington, DC and New York City.
Program alumni will have opportunities to participate in workshops and networking events and to become part of a new, international network of policymakers and market practitioners. The network will be a key source of peer support and advice as alumni go on to play pivotal roles in advancing the development, management, and integration of their capital markets.
Download our learning objectives to learn more.