Macro-Stress Testing II (Advanced) (MST)

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Course No.: ST 19.26
Location: Singapore, Singapore
Date: December 2, 2019-December 10, 2019 (1 Week)
Language: English

Target Audience:

Mid-level to senior officials working on banking supervision or financial stability in central banks or other banking supervisory authorities.


Participants should have experience with stress testing, Basel II, and financial stability analysis.

Course Description:

This course, presented by the IMF Monetary and Capital Markets Department, discusses recent developments in stress testing for banks and gives participants the opportunity to learn and apply new tools used or created by MCM for stress testing purposes. Some of the tools are integral to the Financial Sector Assessment Program (FSAP) and technical assistance missions throughout the world. Moreover, the course allows participants to share their experiences with stress testing. The course reviews the objectives of stress testing and of methodologies and techniques currently used for that purpose and advises on some best practices for applying these techniques. Much of the course consists of hands-on modules that expose participants to the entire stress testing cycle, from entering data and estimating econometric models to create macro-financial links to designing assumptions, running tests, and summarizing and presenting the results.Throughout, the focus is on the solvency and liquidity elements of the stress testing exercise. The course concludes with a roundtable discussion where participants exchange knowledge and share country experiences.

Course Objectives:

Upon completion of this course, participants should be able to: Identify different sources of risk. Map changes in macroeconomic variables onto bank variables. Recognize different sources of contagion. Assess resilience. Assess the adequacy of liquidity management.

Important Note for Online Courses:

For Online Learning (OL) courses, which are delivered through the edX platform, you will need an additional piece of information to register: you will be prompted for your edX.org username. If you do not already have a username, please go to https://courses.edx.org/register and sign up for a free account. Once you have created an account, you may complete the IMF Institute application. If you already have an edX account, your username can be found on the top right of the screen after logging in.

Important Note for Internal Economics Training Courses:

Internal Economics Training (IT) courses are self-financed. The IMF will not charge officials for attending courses. However, all travel, insurance, hotel, and living costs will need to be covered by the agency sponsoring the participants.