Short Course: Financial Markets for Public Policy Professionals

For 10 years, JRCPPF has offered this popular short course to all SPIA MPPs and second-year MPAs. In 2021, we will make the course open to all SPIA MPA/MPP students and to a limited number of other Princeton graduate students from different departments. The course will be next offered during the 2021 Wintersession.

The 2021 course dates are Thu, Fri, & Sat, January 21-23, 2021.

The events of the last decade and current events highlight the need for public policy professionals to understand how financial markets operate. However, given the wide range of institutions in global financial markets, the seemingly endless number of instruments in which they deal and the specialized functions they perform, the world of finance can seem impenetrable to those who are not in the industry.

The purpose of this short course is to provide a framework for understanding the operations of financial institutions, the economic purposes they serve and the markets in which they deal.

  • What is a hedge fund?
  • How does it differ from a private equity firm?
  • How do commercial banking and investment banking differ?
  • How are financial markets and institutions regulated?
  • How should they be regulated?

These are but a few of the questions policymakers must ask in thinking about financial markets. Pallavi Nuka, JRCPPF Associate Director, is the coordinator for the course.

Click here for the 2019 program agenda and reading list.

Preliminary Course Agenda for 2021

All sessions will be on Zoom.

Wednesday, January 20: Understanding the Language of Finance
  Accounting for Policymakers, Donal Byard, Zicklin School of Business, Baruch College
Thursday, January 21: Frameworks for Understanding Financial Markets
  Introduction to Capital Markets (Treasuries, credit and equity markets)
Friday, January 22
  Mortgages & Derivatives and the Great Financial Crisis
  Regulatory Architecture
Pandemic Finance
Saturday, January 23: Special Topics in Finance
  Municipal Finance
Private Equity
Power & Ethics in Finance