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Module Title
LM Managing Public Money
School
Government
Department
International Development
Module Code
07 20195
Module Lead
Simon DeLay
Level
Masters Level
Credits
20
Semester
Full Term
Pre-requisites
Co-requisites
Restrictions
Compulsory for MSc in Public Administration and Development (via distance learning)
Exclusions
Description
The module aims to equip students with an understanding of the key issues involved in the financial management of public sector organisations. The module will equip students with skills in areas such as budgeting and financial appraisal but it does not comprise a detailed technical module in accounting. Modern approaches to public sector management in which finance plays a part such as contracting-out and devolved or decentralised management will be reviewed.
Learning Outcomes
By the end of the module the student should be able to:
Demonstrate critical understanding of the key roles and relationships in financial management
Critically understand the relationship between performance management and financial management and be able to critically evaluate performance
Have a clear understanding of the economics and accounting concepts concerned with efficiency and value for money
Be familiar with the main approaches to financial control and to financial and other forms of oversight
Critically understand modern approaches to resource management including devolved financial management, the use of charging and public private partnerships in project finance
One assignment of 3,000 words (50%) and one time-limited (2-3 days) assignment of 3,000 words (50%)
Other
Reading List
Schick, A. 1998. A Contemporary Approach to Public Expenditure Management. Washington: World Bank.
Coombs, H M & Jenkins, D E. 1994. Public Sector Financial Management. 2nd ed. London: Chapman & Hall.
World Bank. 1998. Public Expenditure Management Handbook. Washington: World Bank.