My MSc journey: Commonwealth Scholarship impact

26 March 2024

MSc Global Central Banking and Financial Regulation participant, James Bediako, shares his experience so far and the importance of Commonwealth Scholarship. 

For the past five years, I have worked at the Agricultural Development Bank (ADB) in Ghana, where I have gained valuable experience in various aspects of banking. While I thrived in this practical environment, I felt a growing desire to delve deeper into the theoretical foundations and regulatory frameworks that underpin global finance. This quest for knowledge led me to Warwick Business School (WBS). Discovering the MSc Global Central Banking and Financial Regulation (GCBQ), offered by WBS in partnership with the Bank of England, was a turning point. The programme's curriculum perfectly aligned with my aspirations to strengthen Ghana's banking sector.

The Commonwealth Scholarship has been instrumental in facilitating my journey towards academic and professional growth. It provided me with the opportunity to pursue my studies at one of the world's leading institutions, alleviating financial barriers and enabling access to quality education. Beyond financial assistance, the scholarship embodies a commitment to fostering international collaboration and empowering individuals from diverse backgrounds to drive sustainable development. The scholarship application process itself was rigorous and rewarding. It required me to clearly articulate my vision for a more robust Ghanaian banking system, further solidifying my commitment to this path. The scholarship is a true testament to the Commonwealth's dedication to fostering global education and development, and I am incredibly grateful for their support.

One of my biggest concerns initially was balancing my work at ADB with the demands of the GCBQ. However, the flexible online learning format offered by WBS has been a game-changer. I can access course materials, and lectures, and participate in discussions at my own pace, strategically utilising evenings and weekends. The programme also offers excellent time management tools and support from professors and faculty staff, making it easier to juggle work and studies.

The curriculum, meticulously designed by WBS's renowned faculty, offers a comprehensive exploration of central banking, financial regulation, and risk management. The programme provides a well-rounded perspective on this dynamic field, from in-depth courses on monetary policy and macroeconomics to practical modules on behavioural finance and comparative central banking. What excites me most is the programme's emphasis on practical application. The learnings can be directly applied to real-world scenarios, like those I encounter at the ADB. I have already begun to see how my newfound knowledge can contribute to improved financial regulations and a more stable banking sector in Ghana.

The GCBQ is more than just an academic qualification; it is an investment in my future career aspirations. The knowledge and expertise I am gaining will undoubtedly equip me for leadership roles within the financial sector, particularly central banking and financial regulation. I am confident that the GCBQ will be instrumental in propelling me towards a successful career in finance. I have enhanced my knowledge, broadened my professional network and developed a global perspective on financial regulations. I am excited to see what the future holds and how I can leverage the skills and knowledge gained from this programme to contribute meaningfully to the development of the financial sector in Ghana and beyond.

If you are a professional in the financial sector and seeking to broaden your knowledge of central banking and financial regulation, the GCBQ is an excellent choice. The flexibility, combined with its world-class curriculum, makes it an ideal option for working adults. I highly recommend it to anyone seeking to propel their career forward in this fascinating and ever-changing field.

You can read more about the Global Central Banking and Financial Regulation programme on the course pages.

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