Institute of International Monetary Research

What Institute of International Monetary Research does

The Institute of International Monetary Research (IIMR) is a UK-registered educational charity founded in 2014 by Professor Tim Congdon and based at the University of Buckingham. Its mission is to demonstrate and publicise the relationship between the quantity of money and the levels of national income and expenditure, advancing monetarist economic analysis that is largely absent from mainstream curricula. The institute operates a portfolio of free short courses (e.g., 'Money and Central Banks for Beginners', 'New Means of Payment: An Introduction'), paid six- and twelve-week online courses priced around £199, an MA in Money, Governments and Central Banks delivered with the University of Buckingham, and bespoke 2–5 day executive education programmes for organisations worldwide.

Its underlying analytical platform is the monetarist framework of quantity theory of money, supported by a proprietary Interactive World Money Map dataset covering money supply and nominal GDP relationships across multiple countries from 1981 to 2022, with published statistical analysis indicating a near-1:1 long-run relationship. Content is distributed via a website, a YouTube channel, the 'Monetary Club' podcast on Spotify and Amazon Music, a monthly newsletter, and an annual monetary conference. The institute generates revenue from course fees, MA collaboration with the University of Buckingham, executive education contracts, and donations as a registered charity, serving students (A-Level through postgraduate), finance professionals, and institutions seeking monetarist perspectives on monetary policy and inflation.

Name

Institute of International Monetary Research

Legal name

Institute of International Monetary Research

Website

https://mv-pt.org

Company type

Private

Founded year

2014

Operating status

Operating

Headcount range

1–10 employees

Short description

The Institute of International Monetary Research is a UK educational charity, founded in 2014 and based at the University of Buckingham, that delivers monetarist economics education — free and paid online courses, an MA programme, executive training, and research — to students, finance professionals and institutions.

Ownership category

akta.pro rank

Product category

Economics Education and Research

akta.pro primary industry

Education Economics, Finance & Funding Policy Research (EDADADAE)

akta.pro secondary industry

Degree-Level Scholarships (Undergrad/Masters/PhD/Postdoc) (EDAIAOAE)

Keywords

• Monetary economics education
• Monetarist research
• Macroeconomic online courses
• Central banking training
• Executive economics education

Headquarters

HQ city

Buckingham

HQ country

United Kingdom

HQ region

Europe

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales

Revenue model

1. Course Fees: Revenue from paid educational programs including six-week online monetarism courses priced at £199, 12-week Money Inflation and Monetarism course, and MA program with scholarships available.
2. MA Program Collaboration: Research-based postgraduate degree program in collaboration with University of Buckingham, with scholarships available for students.
3. Executive Education: Bespoke professional courses on Money and Central Banking delivered to institutions, customisable in duration (2-5 days) and content for organizational needs.
4. Donations: Institute accepts donations as it is registered as an educational charity.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels7 records

Core offering

The Institute of International Monetary Research is a registered educational charity that delivers monetarist-economics education through free and paid online courses, an MA program with the University of Buckingham, and bespoke executive education for institutions. Its core teaching focuses on the relationship between the money supply, inflation, and nominal GDP, supplemented by proprietary research, the Interactive World Money Map, and the Monetary Club podcast.

Product overview

The Institute of International Monetary Research offers a portfolio of educational and research products focused on monetarist theory and monetary economics. The portfolio consists of: free online courses (Money and Central Banks for Beginners, Money and Central Banks: Next Steps, New Means of Payment: An Introduction) for students; paid six-week online courses (Money and Prices: An Introduction to Monetarism, Money, New Means of Payment and Central Banks) and a 12-week programme (Money, Inflation and Monetarism) for professionals; an MA in Money, Governments and Central Banks in collaboration with University of Buckingham; bespoke Executive Education courses for institutions; and regular publications including Monthly Monetary Updates, Conference Papers, and Research Papers. The Institute also produces The Monetary Club podcast series, Monthly Money Update videos, and hosts an Annual Monetary Conference and Monetary Policy Essay Prize competition.

Differentiator

Problem solved

Functional benefit

Brands

• The Monetary Club: A podcast series exploring key topics in macroeconomics and the financial system, discussing monetary policy, inflation, cryptocurrency, and other economic issues through expert interviews.
• Monthly Monetary Update
• Monetary Policy Essay Prize

Products and services

• Money and Central Banks for Beginners A free introductory online course offering a beginner-level overview of money, central banks, and monetary economics, aimed at students and the general public.
• Money and Central Banks: Next Steps A free follow-up online course that builds on the Beginners course, covering more advanced topics in money and central banking for self-directed learners.
• New Means of Payment: An Introduction A free introductory online course introducing learners to new means of payment, including digital and alternative payment systems.
• Money and Prices: An Introduction to Monetarism A paid online course priced at £199 that introduces learners to the core ideas of monetarism and the relationship between money and prices.
• Money, Inflation and Monetarism A paid 12-week online course providing more advanced instruction on money, inflation, and monetarist analysis for finance professionals and serious students.
• Money, New Means of Payment and Central Banks A paid 6-week online course covering money, new means of payment, and central banks, aimed at finance professionals and experienced learners.
• MA in Money, Governments and Central Banks A postgraduate MA program offered in partnership with the University of Buckingham, providing a credentialed degree in monetary economics, with scholarships available.
• Executive Education Courses Bespoke executive education courses delivered on-site or virtually for banks, financial institutions, government bodies, and other organizations that want in-house monetary economics training.
• Interactive World Money Map An interactive online research tool that visualizes the historical relationship between broad money and nominal GDP across countries, supporting the Institute's monetarist research and teaching.

Quantifiable outcome

• 1% increase in Money Supply leads to 0.982% increase in Nominal GDP (statistically significant)
• +1 more outcomes

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature2 records

Partnerships

Four partnerships are on record, tiered core, major and minor.

• University of BuckinghamcoreStrategic or Co-development PartnerPrimary academic partner providing institutional affiliation, hosting IIMR facilities, and collaborating on MA programs in Money, Governments and Central Banks. The institute is associated with the university's Vinson Centre.
• IEA (Institute of Economic Affairs)majorStrategic or Co-development PartnerJointly holds the annual Monetary Policy Essay Prize for sixth-formers and undergraduates with IEA and Vinson Centre, engaging young people in monetarist economics.
• Vinson CentremajorStrategic or Co-development PartnerCo-organizer of Monetary Policy Essay Prize and collaboration on academic programs. Located at University of Buckingham.
• Vinson Centre Beloff ConferenceminorStrategic or Co-development PartnerIIMR Director Ewen Stewart and Chairman Tim Congdon speak at the annual Vinson Centre Beloff Conference on 'Money: Its History & Alternatives to state currencies'.

Scale indicators4 records

Recent moves8 records

Expansion highlights6 records

Broad incumbents

• National Bureau of Economic Research (NBER): US private nonprofit producing rigorous economic research including monetary economics working papers. Comparable as a nonprofit research organization influencing academic and policy debate on money and inflation.
• Cato Institute: Established US libertarian think tank with research and policy commentary on monetary economics and free banking. Comparable as a larger, broader free-market economic-policy organization that overlaps IIMR's monetarist policy positions.
• Centre for Economic Policy Research (CEPR): International academic network producing economic policy research and convening conferences. Comparable as a convener and publisher of monetary economics research, though at much larger scale and broader policy scope.
• Hoover Institution: Stanford-affiliated public policy research center covering monetary economics, inflation, and central banking. Comparable in producing monetarist-adjacent research and hosting conferences, but with much broader scope and larger institutional backing.
• American Enterprise Institute (AEI): Major US think tank producing economic policy research including monetary economics. Overlaps IIMR's research and public-education mission but operates at significantly larger scale and broader policy scope.
• Brookings Institution: One of the largest US economic-policy think tanks, with substantial monetary economics and central-bank research output. Competes for institutional influence and conference speaker attention in the same macroeconomic-policy space.

Direct peers

• Institute of Economic Affairs (IEA): UK free-market think tank and direct partner of IIMR on the Monetary Policy Essay Prize. Operates as a registered charity producing monetarist and free-market research, education, and events — directly comparable mission and nonprofit model.
• Mises Institute: US-based educational organization advancing Austrian-school economics through research, online courses, conferences, and publications. Comparable to IIMR as a small, ideologically-focused economics education charity with global online reach.

Others

• CFA Institute: Global professional body providing finance education, designations, and research. Comparable as a parallel educational ecosystem serving finance professionals, though focused on investment analysis rather than monetary theory.

Regional players

• Vinson Centre, University of Buckingham: University-based research centre co-located with IIMR at Buckingham and partner on the MA program. Directly comparable as a UK-based academic unit producing monetary-economics research and education.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/c/InstituteofInternationalMonetaryResearch
• LinkedInlinkedin.com/company/iimresearch

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Funding overview

Funding rounds

Investors

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M&A

Investments

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Frequently asked questions about Institute of International Monetary Research