Public Financial Management

BY
International Monetary Fund via Edx

Learn about the government budget cycle, policy-oriented budgets, and budget management with the Public Financial Management programme by edX.

Lavel

Intermediate

Mode

Online

Duration

8 Weeks

Fees

Free

Quick Facts

particular details
Medium of instructions English
Mode of learning Self study
Mode of Delivery Video and Text Based
Learning efforts 4-5 Hours Per Week

Course overview

The Public Financial Management programme aims to teach you how to evaluate why PFM or public financial management is essential. You will also know how it supports economic growth, macroeconomic ability and achieves sustainable development goals. Split into five parts, the course curriculum covers the budget cycle’s every step, from budget preparation to its execution.

You will explore these concepts through relevant readings, video lectures, and testimonies from civil society and senior policy-makers. During the video lectures, instructors will use cases from countries at different economic development stages. Moreover, the Public Financial Management course also offers you a chance to engage with other participants worldwide.

The Public Financial Management certification syllabus also features module-wise assessments to test your knowledge. A course-end case study will consolidate all the concepts taught throughout the training. The programme is offered by IMF, with financial assistance from the United States Agency for International Development (USAID). If you wish to showcase your skills, you can also purchase the certificate and get unlimited access. For free, you can audit the programme for a limited duration. 

The highlights

  • Eight-week online training
  • Case studies and assessments
  • Three - Four hours of study per week
  • ‘Economics and Financing’ purview
  • Intermediate programme
  • Testimonies
  • English video lectures with English subtitles
  • Self-paced learning
  • Verified certificate
  • USAID’s financial assistance
  • Offered by the International Monetary Fund

Program offerings

  • Case studies
  • Module-wise assignments
  • Discussion
  • Verified certificate
  • Free enrolment
  • Self-paced learning experience
  • High-quality video lectures
  • Testimonies
  • Shareable accreditation

Course and certificate fees

Type of course

Free

No fee payment is required with the audit option. For the Public Financial Management certificate, you must pay Rs. 2,087.

Public Financial Management fee structure

Course 


Fees

Public Financial Management – Audit


FREE

Public Financial Management – Certificate 


Rs. 2,087 

certificate availability

Yes

certificate providing authority

International Monetary Fund

certificate fees

₹2,087

Eligibility criteria

To get the most out of the Public Financial Management training programme, edX recommends you to have a fundamental knowledge of macroeconomics.

What you will learn

Financial management

Upon completing the Public Financial Management syllabus, you will be able to understand:

  • How to analyse and describe the budget cycle and its principal components
  • The advantages of fiscal reporting, fiscal transparency, and management of fiscal risks
  • How PFM systems contribute to a better fiscal performance
  • The importance of sequencing and prioritising PFM reforms, the roles of political institutions, and country context
  • How public civil society, supreme audit, and participation institutions hold governments accountable
  • Why PFM is a critical tool to implement public policies

Admission details

  • Go to the Public Financial Management programme by edX's website, click on “Sign-in/Register”.
  • Provide your on-screen details and select ‘Create Now’ to start your edX profile. Or, enter your pre-existing edX credentials to sign in.
  • Once the course is available, you will be asked to choose either the free or paid option. Select one according to your preference.
  • Through the free audit, you’ll directly join the training. However, you’ll first have to complete payment for the paid option to access this course.

Filling the form

The Public Financial Management certification programme doesn’t mandate submitting any application forms. You simply need to sign in and click the enrol button to start learning. However, you must furnish details like your name, country name, email ID, password, and username to register. There’s a faster sign-in/registration method too, where you can use your Google credentials, Microsoft ID, or Facebook account.

How it helps

Public Financial Management certification benefits learners by providing a step-by-step approach towards budget management, budget cycle, and budget preparation. The course content is delivered through easy-to-understand reading material, in-depth video lectures, real-life case studies, and engaging discussions. Moreover, the International Monetary Fund’s expert staff instruct this curriculum.

Finally, the course awards you with a certificate, provided you have enrolled with the paid option. With this certification, you can quickly improve your employment opportunities and display your skills by attaching it to your resume or LinkedIn profile.

FAQs

Who is the course mentor?

The Fiscal Affairs Department’s faculty of the International Monetary Fund teaches the Public Financial Management course.

Is it a paid course?

No, you can join the course without paying a fee. A paid option is also available, wherein you get a verified certificate at the end and access to graded assignments and other locked content.

How long will I need for training completion?

You can complete it in eight weeks.

In which languages can I view the video lectures?

The video lectures are delivered in English with English subtitles.

Can you share the certificate?

Yes, you can share the certificate on your LinkedIn profile.

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