Bayes partners with The World Bank and Milken Institute to launch new asset management diploma
Bayes Business School has joined forces with The World Bank and Milken Institute to launch the Public Financial Asset Management Programme (PFAM), the first of its kind for mid-career public asset managers from across developing and emerging markets looking to bridge the gap between theory and practice.
The nine-month course includes core modules delivered by Bayes academics along with a practitioner speaker series, followed by internships at leading asset management firms. Upon completion, students receive a postgraduate diploma but have an option to convert it to a full MSc in Public Financial Asset Management.
The inaugural 2022/23 intake includes 17 students from 11 different countries spanning across many regions, including North Africa, Middle East, Sub-Saharan Africa, Eurasia, East Asia and Southeast Asia. There is a diverse range of experience and expertise within the first cohort, with scholars representing central banks, sovereign wealth funds and public pension funds.
Professor André Spicer, Dean of Bayes Business School, said:
“We are excited to deliver this programme alongside The World Bank and Milken Institute.
“Providing education that is right at the edge of practice is a major mission of ours, and developing risk management skills of scholars from central banks and sovereign wealth funds fits perfectly into this.
“Students will be able to take advantage of world-leading teaching and research from our Faculty here at Bayes, as well as our industry partners. This, plus experience they will gain through practical training elements, will greatly benefit their career and asset management development.”
Dr Natasha Todorovic, Programme Director for the PFAM, said:
“We are delighted to welcome the inaugural group of PFAM scholars to Bayes Business School.
“The strong applied content of this programme, coupled with academic rigour and industry internships will equip talented and motivated sovereign wealth specialists with a set of skills essential for successful long-term asset growth.
“We are honoured to play a part in shaping future leaders of public asset management institutions.”