International Finance and Economic Policy Curriculum
The International Finance and Economic Policy (IFEP) concentration within the MIA and MPA programs at SIPA offers a robust framework for examining and interpreting economic and financial events in the global economy. The IFEP curriculum combines tools from economics, finance, and statistics to understand the intricate relationships between the real economy, financial markets, and policymaking in both developed and emerging economies.
Core Curriculum and Focus Areas: The concentration comprises three distinct focus areas:
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International Finance: This focus area combines analytical instruments of finance and applied financial modeling with a deep understanding of contemporary financial and capital markets in both developed and emerging countries.
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International Economic Policy: This focus area applies the tools of international economics, political economy, and econometrics to understand the impact of economic policies on the global economy.
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Central Banking: The Central Banking focus area provides the building blocks for state-of-the-art central bank intervention by studying the goals, tools, and governance structure for both conventional and unconventional monetary policy and financial regulation.
Required Courses: All IFEP students must enroll in:
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The advanced, year-long economics sequence of SIPA U6400 Microeconomic Analysis for International and Public Affairs and SIPA U6401 Macroeconomic Analysis for International and Public Affairs.
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INAF U6018 International Finance & Monetary Theory.
Additionally, students in the International Finance focus area are strongly recommended to complete SIPA U6200 Accounting for International and Public Affairs.
The IFEP concentration equips students with the necessary analytical skills and knowledge to understand and influence economic and financial policies on a global scale, preparing them for careers in international finance, economic policy, and central banking.
Contact Us
Alan Taylor, Professor
Concentration Co-Director
amt2314@columbia.edu
Andrea Bubula, Senior Lecturer in Discipline
Concentration Co-Director
ab510@columbia.edu
Ariel Yelen
Concentration Manager
ay2465@columbia.edu
Andrea Bubula, Senior Lecturer in the Discipline of International and Public Affairs; Co-Director of the International Finance and Economic Policy Concentration
Alan Taylor, Professor of International and Public Affairs; Co-Director of the International Finance and Economic Policy Concentration
Sigríður 'Sigga' Benediktsdóttir, Senior Lecturer in Discipline of International and Public Affairs
Ian Bremmer, Adjunct Professor of International and Public Affairs
Thomas Byrne, Adjunct Professor of International and Public Affairs
Lisa Chung, Adjunct Associate Professor of International and Public Affairs
Richard Clarida, Professor of International and Public Affairs
Christine Cumming, Adjunct Professor of International and Public Affairs
Alejo Czerwonko, Adjunct Associate Professor of International and Public Affairs
Martsella Davitaya, Lecturer in Discipline of International and Public Affairs
Christian Deseglise, Adjunct Professor of International and Public Affairs
Patrick Dwyer, Adjunct Associate Professor of International and Public Affairs
Michael Eastwood, Adjunct Professor of International and Public Affairs
Irene Finel-Honigman, Adjunct Professor of International and Public Affairs
Edward Fishman, Adjunct Professor of International and Public Affairs
Richard Goldberg, Adjunct Professor of International and Public Affairs
Martin Guzman, Professor of Practice of International and Public Affairs
Mark Hannah, Adjunct Associate Professor of International and Public Affairs
Takatoshi Ito, Professor of International and Public Affairs
Hermann Markus Jaeger, Adjunct Professor of International and Public Affairs
Merit Janow, Dean Emerita and Professor of Professional Practice of International and Public Affairs
Robert Kiernan, Adjunct Professor of International and Public Affairs
Wojciech Kopczuk, Professor of International and Public Affairs
Richard Koss, Adjunct Professor of International and Public Affairs
Annika Lescott-Martinez, Adjunct Associate Professor of International and Public Affairs
Allan Malz, Adjunct Professor of International and Public Affairs
Jorge Mariscal, Adjunct Professor of International and Public Affairs
Deborah McLean, Adjunct Professor of International and Public Affairs
Joel Moser, Adjunct Professor of International and Public Affairs
Patricia Mosser, Adjunct Professor of International and Public Affairs
Richard Robb, Professor of Professional Practice of International and Public Affairs
Fernando Sotelino, Adjunct Professor of International and Public Affairs
Pertshuhi Torosyan, Adjunct Associate Professor of International and Public Affairs
Daniel Waldman, Adjunct Associate Professor of International and Public Affairs
Ebonya Washington, Professor of International and Public Affairs
Niklas Westelius, Adjunct Professor of International and Public Affairs
Visit our SIPA Faculty Directory to view bios
The International Finance and Economic Policy Concentration (IFEP) requires 15 points, consisting of 5 three-point courses: 1 core required course and 4 required courses according to the focus area.
Note: Concentration courses cannot be audited or taken pass/fail. Students in the IFEP concentration must satisfy their SIPA economics requirement with the advanced economics sequence (SIPA U6400/SIPA U6401), and must earn a B- or better in both courses.
Students in the IFEP Concentration choose to fulfill the requirements of one of the following: International Finance focus area, Economic Policy focus area, or International Central Banking focus area.