JCER provides a training program for junior staff delegates mainly from corporate members to develop their skills as business economists through practical training in economic analysis and forecasting, and in financial research. There are three types of programs: a one-year and two-year courses for "Economic Forecasting","Financial Research", "Data Science". JCER’s training program has been active over half a century and has sent over 1600 graduates back into society to assume prominent roles in business and society.
In the first quarter of the program (April to June), the trainees master the fundamentals of economic analysis and forecasting. An intensive over 200-hour study curriculum covers about 20 disciplines, including statistics, econometrics, micro- and macro-economics. The degree of difficulty of these courses is equivalent to that of advanced undergraduate or introductory graduate level courses at a university economics department. Professors from renowned universities as well as economic specialists in their respective fields give the lectures.
Economic Forecasting Team
Delegated trainees, upon completion of their basic study are assigned to either the short-, medium- or long-term economic forecasting team. Forecasts are released quarterly for the short-term forecast group, once a year for the medium-term forecast group, and once every few years for the long-term forecast group. A research monitor is assigned to supervise the progress of each group.
Financial Research Team
Based in detailed data systems, the team conducts an analysis of the current state of financial institution management and financial systems, and market analysis encompassing interest rates and exchange rates. Participants acquire the ability to analyze management from a micro-economic perspective coupled with macro-economic analysis skills. The trainees master the fundamental financial theory and economy, and analyze the behavior of financial market and the problem of the financial system.
Data Science Team
Trainees will learn how to draw insights from microdata to solve problems facing companies or society. After acquiring a basic knowledge of econometric theory, which includes causal inference and machine learning, as well as basic coding skills, they will work on their projects to answer their own research questions using real data.
Overseas Training
If two-year course trainees hope, JCER will provide opportunities to conduct research abroad. After the training JCER can send trainees to prominent overseas research institutions such as the Conference Board for a year.
Through these activities, the participants have a unique opportunity to develop personal and business relationships with other trainees and researchers from different industries, backgrounds and experiences.