The Monetary Policy and International Finance Credential Program is a course for undergraduate students, graduate students, and working professionals interested in monetary and international finance policy areas, and leading industry applied work.
Subjects |
Monetary Policy, Fiscal Policy, International Finance |
Level |
All levels welcome |
Duration |
2 weeks, 15-20 hours per week |
Dates |
July 14 - July 25, 2025 |
Cost |
$3,000 with various discount types |
Format |
In-person at the Peking University campus in Beijing, China |
Senior Lecturer at the Harris School of Public Policy
“The highlight of the MPIF program was the invaluable knowledge and skills I gained throughout its duration. The program exposed me to a diverse range of subjects, concepts, and real-world scenarios within the field. From the lectures to the practical assignments, each component contributed to my understanding of the subject matter.”
MPIF’23, student at Minerva University
“The learning process was both fun and challenging. It was amazing to gain a full picture of the financial system. For me, the office hours were particularly memorable. The professors emphasized that every question I had was important to understand the core, which made me more confident and inspired me to grasp the coursework better.”
MPIF’23, student at Peking University
“The Capstone Project was invaluable. Under the guidance of Prof. Thomas Coleman, we evaluated the consequences of fiscal and monetary policies developed in four countries during the COVID-19 epidemic. The teamwork component was especially meaningful, because each of us brought different academic and professional skills to the project and made the best use of that breadth of talent to complete the capstone efficiently and effectively.”
MPIF’22, MPP Class of 2025
The program is jointly taught by top faculty members at Peking University and the University of Chicago Harris School of Public Policy, together with global industry leaders for additional career and network sharing.
Join the program and experience the following:
This program is a fit if you:
In groups of three or four, choose a policy issue to analyze and present policy recommendations based on course content and your own research. A limited number of faculty-selected groups will give a final presentation to faculty, peers, and invited guests.
Instructor Profile
Thomas Coleman is the Faculty Co-Director of the Monetary Policy and International Finance Credential Program, designing the curriculum to equip students with theoretical and applied fiscal policy skills in the University of Chicago way. Coleman is a Senior Lecturer at the Harris School of Public Policy, and previously served as the Executive Director and Senior Advisor at the Becker Friedman Institute for Research in Economics.
Instructor Profile
Zefeng Chen joined Guanghua School of Management as an assistant professor on 2021. Prior to joining Guanghua, Zefeng obtained undergraduate degree in mathematics from the University of Chicago, and PhD degree in economics from Stanford University. Zefeng' s research interest lies in international finance, especially how the dominant role of US dollars affects global macroeconomics.
Check Prof. Chen's Personal Website and part of his research:
July 14 - July 25, 2025
15-20 hours per week
The program will be delivered fully in-person at the Peking University campus in Beijing, China.
Issued by Peking University and University of Chicago Harris School of Public Policy to showcase your academic rigor.
All courses have office hours with faculty and graduate teaching assistants, conducted in-person. You will also leverage a virtual discussion board for quick communication with peers and teaching assistants.
PKU-UChicago Summer School participants can apply for on-campus accommodation for the duration of the program. Please note that vacancy is limited and on first-apply first served basis.
Option 1: PKU Global Village (opposite PKU east gate)
Successful applicants will be assigned to the dormitories consisted of two or three bedrooms (one student occupies one room) with a shared living room and shared bathroom.
Option 2: PKU Wanliu Apartment Center (4.7km to PKU campus, 10-15mins’ drive or 30-40mins by bus)
Successful applicants will be assigned to the dormitories consisted of four beds (one student occupies one bed) with a shared bathroom.
Air-conditioning, and cable Internet are available for both options. Please check the detail information as below.
Accommodation Fees:
Location |
Global Village |
Wanliu Apartment Center |
Deposit |
500 RMB |
TBD |
Room Rate (per person per night) |
120-220 RMB |
100 RMB |
*Payment for housing will be at the reception desk upon check-in.
*Participants' lodging, meal, travel and health insurance, transportation, visa application fee, etc. are not covered in the program fee.
PKU Global Village:
Check-in: Reception Desk of Building No. 1
Room type:1 or 2 or 3 single bedrooms with shared living room and bathroom
Address: No. 126 North Zhongguancun Street, Haidian, Beijing (10 mins walking to PKU main campus)
Phone: +86-10-62752288
Website: http://pkugv.pku.edu.cn/ (in Chinese)
PKU Wanliu Apartment Center:
Check-in: Reception Desk of Front Building at Wanliu Apartment Center
Room type: Four students share one room with four beds and shared toilet & shower facilities
Address: No. 29 Wanliu Central Street, Haidian, Beijing (4.7km to PKU campus, 10-15mins’ drive or 30-40mins by bus)
Phone: +86-10-62758588
Website: http://dorm.pku.edu.cn/guide/wlgy_fw/index.htm (in Chinese)
International students not living in on-campus housing or a hotel must, according to Chinese law, register at their local police station within 24 hours of arriving in the country. When registering, students must provide their exact address as well as a telephone number.
“The two professors are both very responsible and patient. Every day during the Office Hour after class, classmates would line up to ask questions, and the professors listened very carefully and gave their answers clearly. In addition to the coursework, I really enjoyed the PKU campus life a lot, and the canteen at Peking University was super delicious.”
MPIF’23, student at the University of Toronto
“MPIF is probably one of the most unforgettable teamwork experiences in my four years of college. My teammates and I hit it off immediately. We read a lot of literature, discussed a lot with professors, made many revisions, and stayed up for many nights. Finally, we completed a capstone project that satisfied us. In the process, I could truly feel my growth and greatly appreciate the group of reliable good friends.”
MPIF’23, student at Renmin University of China
The program fee is $3,000. We offer partial discounts to early action applicants, PKU and UChicago community members. In addition, we support applicants to explore funding sources from your academic institution, employer, or external scholarships.
Audience |
Fee |
General Applicant |
$3,000 |
Early Action Applicant |
$2,700 |
Current PKU / UChicago students or alumni |
$2,500 |
Once being admitted, participants will secure the seat by submitting a $1,000 USD enrollment deposit, which is non-refundable and applies toward your total program fee. The remaining program fee balance will be paid before the program starts. Detailed payment instructions will be provided to admitted participants via email.
|
Application Deadline |
Notification |
Reply Deadline |
Early Action |
November 12, 2024 |
Late November |
December 9, 2024 |
Round 1 |
January 14, 2025 |
Late January |
February 10, 2025 |
Round 2 |
February 11, 2025 |
Late February |
March 10, 2025 |
Round 3 |
April 8, 2025 |
Mid April |
May 5, 2025 |
Round 4 |
May 6, 2025 |
Mid May |
May 26, 2025 |
Admissions notifications are issued approximately two weeks after the deadline. Notifications are issued by email. Reply deadline is the date for admitted students to confirm their intent to enroll by submitting the Admission Reply Form and non-refundable Enrollment Deposit. Details are noted in the letter of admission.
We encourage you to apply early to take advantage of the early action discount and longer timeline to confirm acceptance. For participants who need to apply for a visa to go to China, please reserve enough time for visa application.
If the participant decides to cancel their Program enrollment, the participant must submit a request in writing at least 30 days prior to the program start date to harriscredential@uchicago.edu to receive the paid amount less the non-refundable enrollment deposit. Requests received 14 to 30 days before the Program start date are subject to a payment of 50% of the Program fee. Requests received within 14 days of the Program start date are subject to full payment of the Program fee. If the participant is unable to join the Program due to circumstances that the participant has no control or influence over, the refund amount will be considered on an individual case-by-case basis.
MPIF content is rigorous, but we accommodate participants of all backgrounds. There are no prerequisites for this program. Our aim is to provide support and guidance to help you succeed, regardless of your prior experience.
For participants who need accommodation support, we provide on-campus housing at the PKU Global Village (opposite PKU east gate) for the duration of the program. The dormitories are consisted of two or three bedrooms (one student occupies one room) with a shared living room and shared bathroom. Please note that vacancy is limited and on first-apply first served basis, and the housing fee is not included in the program fee. Details regarding the accommodation application will be provided to admitted students.
Participants will be given a PKU Student ID Card that allows you to enjoy a variety of cuisine in the campus dining halls. The card will also allow you to get access to the campus library.
The program is a non-credit program. You will receive a shareable certification from Peking University and the University of Chicago Harris School of Public Policy upon completion to showcase your academic rigor after successfully completing the program.
There are no scholarship offerings for MPIF participants. Details about the possible discount types can be found in the “Program Fee and Payment” section. For more financial tips, please read the blog "Financial Planning for Credential Programs".
Please feel free to reach out to us at harriscredential@uchicago.edu. You can also book a 20-minute online appointment with the admissions team to talk through your questions directly.