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Asian and US schools launch first degree course for central bankers

Pioneering master's program aims to tackle challenges of global economy

Co-chairs Robert Merton and Zeti Aziz at the launch of the Master of Central Banking in Kuala Lumpur on Oct. 1. (Photo courtesy of ASB)

BANGKOK -- Prominent economists and central bankers from Asia and the U.S. have combined to launch the world's first comprehensive degree course in central banking, in an effort to help the banks keep pace with the rapidly evolving international financial system.

The intensive 12-month master's program was developed by one of the newest international business schools, the Asia School of Business in Kuala Lumpur, and America's MIT Sloan School of Management.

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