Public Finance Management

Public Finance management course which are rated quite high in terms of various job opportunities and salary package, with a bright future in coming year in the ever changing volatile economic scenario.

Public Finance 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