Managing Public Money

Modular value: 20 credits

Lecturer: Simon Delay

The module aims to introduce students to concepts and practices in public sector financial management with an emphasis on management at the organisational level.  The module covers approaches applicable in developed, transitional and developing countries. It does not seek to be a technical programme in detailed accounting but rather to enable participants to understand financial concepts, undertake financial analyses and thereby participate fully at a strategic level in financial decision-making.

By the end of the module you will 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

Assessment

  • This will be by two 3,000 word assignments.

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