International Finance and Economic Policy Curriculum
The International Finance and Economic Policy (IFEP) concentration provides a framework to examine and interpret observed economic and financial events in the global economy. The IFEP curriculum combines the tools from economics, finance, and statistics to understand the relationships between the real economy, financial markets, and policymaking in developed and emerging economies.
The concentration comprises three focus areas.
The International Finance focus area combines the analytical instruments of finance and applied financial modeling with a deep understanding of contemporary financial and capital markets in developed and emerging countries.
The International Economic Policy focus area applies the tools of international economics, political economy, and econometrics to understand the role of economic policies on the global economy.
The new 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 conventional and unconventional monetary policy and financial regulation.
All IFEP students must enroll in i.) the advanced, year-long economics sequence of SIPA U6400 and SIPA U6401; and ii.) International Finance ＆ Monetary Theory (INAF U6018). In addition to these courses, students in the International Finance focus area are strongly recommended to complete Accounting for International and Public Affairs (SIPA U6200).
Contact Us
Andrea Bubula, Senior Lecturer in Discipline
Concentration Executive Director
ab510@columbia.edu
Richard Robb, Professor of Professional Practice
Concentration Director
rr2043@columbia.edu
Ariel Yelen
Concentration Manager
ay2465@columbia.edu
Andrea Bubula, Senior Lecturer in the Discipline of International and Public Affairs; Executive Director of the International Finance and Economic Policy Concentration
Richard Robb, Professor of Professional Practice in International and Public Affairs; Director of the International Finance and Economic Policy Concentration
Flavio Bartmann, Adjunct Assistant Professor of Statistics and International and Public Affairs
Sandra Black, Professor of Economics and of International and Public Affairs
Ian Bremmer, Adjunct Professor of International and Public Affairs
Thomas Byrne, Adjunct Professor of International and Public Affairs
Charles Calomiris, Henry Kaufman Professor of Financial Institutions in the Faculty of Business
Sara Guerschanik Calvo, Adjunct Professor of International and Public Affairs
Richard Clarida, C. Lowell Harriss Professor of Economics and Professor of International and Public Affairs
Alejo Czerwonko, Adjunct Associate Professor of International and Public Affairs
Christian Deseglise, Adjunct Professor International and Public Affairs
Patrick Dwyer, Adjunct Associate Professor of International and Public Affairs
Irene Finel-Honigman, Adjunct Professor of International and Public Affairs
Richard Goldberg, Adjunct Professor of International and Public Affairs
Keiko Honda, Adjunct Professor of International and Public Affairs
Takatoshi Ito, Professor of International and Public Affairs
Markus Jaeger, Adjunct Associate Professor of International and Public Affairs
Merit Janow, Dean, School of International and Public Affairs; Professor of Professional Practice in the Faculty of International and Public Affairs
Wojciech Kopczuk, Professor of Economics and International and Public Affairs
Robert Kopech, Adjunct Professor International and Public Affairs
Richard Koss, Adjunct Professor International and Public Affairs
Jacob Lew, Visiting Professor of International and Public Affairs
Allan Malz, Adjunct Associate Professor of International and Public Affairs
Benjamin Mandel, Adjunct Professor of International and Public Affairs
Jorge O. 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
Hande Mutlu-Eren, Adjunct Associate Professor of International and Public Affairs
Arvind Panagariya, Jagdish N. Bhagwati Professor of Indian Political Economy
Ailsa Röell, Professor of International and Public Affairs
Fernando B. Sotelino, Adjunct Professor of International and Public Affairs
Daniel Waldman, Adjunct Associate Professor of International and Public Affairs
Joshua Walker, Adjunct Associate Professor of International and Public Affairs
Shang-Jin Wei, Professor of International and Public Affairs
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.
STEM Eligibility
MIA or MPA students who successfully complete their concentration in International Finance and Economic Policy (any focus area) and their specialization in Data Analytics and Quantitative Analysis, along with their MIA or MPA degree requirements, will have completed their SIPA degree program in a government-approved STEM field.
Students can opt to change their Concentration or Specialization via the Concentration Specialization Declaration Change Form . Requests are reviewed and approved by SIPA Student Affairs advisors. If there is an issue with the request your advisor will contact you. Otherwise, if approved, the new Concentration/Specialization will appear on your record in SSOL and Stellic.
Double Counting of Courses
Students in the International Finance and Economic Policy (IFEP) concentration who have also declared their specialization in Data Analytics & Quantitative Analysis (DAQA) CANNOT double-count courses between their concentration and specialization.