For almost two decades, the Budapest School for Central Bank Studies, established by the Magyar Nemzeti Bank (the central bank of Hungary), has been at the forefront of providing comprehensive training programmes tailored specifically for central bankers. Since its inception, the School has been offering intensive weekly courses in macroeconomics, monetary economics, international economics, banking and financial economics, and quantitative and econometric methods.
Our advanced and frontier level courses are designed to accommodate central bank officials and PhD students seeking to deepen their expertise in key areas of economic inquiry.
Trainings for central bankers. As central banks increasingly seek experts proficient in modern macroeconomics and quantitative methods, our programmes aim to equip participants with in-depth and up-to-date knowledge essential for informed monetary policy decisions. In the ever-evolving landscape of economics, where rapid progress is witnessed across various fields including macroeconomics, monetary policy, and econometrics, maintaining the expertise of senior professionals and nurturing the adaptability of young staff members are imperative for central banks to thrive.
Our training programmes encompass a comprehensive array of topics, from theoretical frameworks to applied methodologies, practical case studies, and empirical analyses, all of which are highly relevant for the daily responsibilities of central bank professionals. Through our advanced courses, participants delve into such critical areas as model building, evaluation, and forecasting, as well as technical intricacies surrounding model solutions and the implementation of estimation techniques, underpinned by the necessary mathematical background required for numerical and econometric tools.
The format of the summer courses is in-person. All courses involve 20 hours of teaching: 4 hours per day for 5 days. Weekends are off. Courses include a social event. Participants cover their own travel, accommodation, catering expenses and are expected to bring their own laptop with Matlab, R and Stata installed for the exercise session.
Our next courses will be held in 2026. Please revisit this site later for the most current information.