Posted On :
02-MAR-2010
Public Finance Management Service Management
Performance Management
Public Finance Management : has particular importance for the financial managers who manage the public bodies. This helps them to effectively and efficiently run the organization without any hiccups.
A normal occurrence in Public Finance Management or
in government projects is the price-adjustment in
the post contractual phase. This inefficiency arises
due to the commitment failure by the concerned
organization. Organizations need managers with a
thorough understanding of public finance so that
they can make financial decisions and design and
operate financial systems for collecting, spending
and accounting for public expenditure. Depending on
which options you choose, this programme will enable
one to make decisions about investment projects,
when and how to use privatization and public-private
partnerships, and how to manage the financial
relationships between national and sub-national
governments
Careers In Public Finance Management
Students of this programme will receive an
invaluable preparation for high level appointments
in government, public services, international
organizations and NGOs.
Eligibility
You should either have a good degree in a social
sciences discipline (qualifications in other
subjects will be assessed on their merits), or an
equivalent qualification and suitable relevant work
experience.
Programme length
A minimum of one calendar year. Maximum
registration of five years.
Objective Of Public Finance Management:
1. Setting of goals, viability assessment,
allocation of resources and fund generation for the
proposed project
2. Modernization of the financial management
system of the public sector entities
3. Increasing the accountability of the
managers of public sectors
4. Ensuring timely disposal of quality
projects
5. Elimination of corruption
Public Financial Management Course Structure
Should Consist Of:
*Public Financial Management: Planning & Performance
Public Financial Management: Revenue
Public Financial Management: Reporting and Audit
Project Appraisal and Impact Analysis
Privatisation and Public-Private Partnerships
Decentralisation & Local Governance
Public Financial Management (PFM) generally deals
with :
Accounting Rules
Legal Compliance
Managerial Control
Service Management
Performance Management
