Postgraduate Diploma in Public Financial Management
(Endorsed by ACCA)
Duration: This programme takes a minimum of one year to complete. Each courses lasts eight weeks. You are registered for a maximum of five years.
Minimum Entry Requirements: 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. You are required to have internet access in order to participate in this programme.
Start of programme: November / February / April / June / August
Mode of Attendance: Distance Learning
Organisations 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 you to make decisions about investment projects, when and how to use privatisation and public-private partnerships, and how to manage the financial relationships between national and sub-national governments.
Phone: +44 (0)20 7898 4050
English language requirements: If your first degree was not taught in English, you will need to provide evidence of language ability as tested by the British Council or another registered body. This is equivalent to a score of 7.0 overall in the IELTS test, or 7.0 in both reading and writing.
You will study four modules selected from the list below.
- Decentralisation & Local Governance
- Environmental and Social Impact Assessment
- Financial Reporting (International Financial Reporting Standards – IFRS)
- Financial Reporting (International Public Sector Accounting Standards – IPSAS)
- Privatisation & Public-Private Partnerships
- Project Appraisal
- Public Financial Management: Audit & Compliance
- Public Financial Management: Planning & Performance
- Public Financial Management: Revenue
- Public Policy & Management: Development Assistance
Teaching & Learning
Teaching & Learning
The Postgraduate Diploma is made up of four modules. Each module is studied in eight-week sessions. You can only take one module at a time, but each module is typically available in at least two of the year's study sessions. This gives you the flexibility to plan how you study during the year, enabling you to fit your study in with your professional, family and personal commitments.
You will be individually assigned an online academic tutor for the duration of each module with whom you can discuss academic queries at regular intervals during the study session. You will also have a named administrator providing you with help and advice throughout your studies.
Before the start of each module you have enrolled in, you will be sent a package containing all of the study materials that you need to complete the module – the core text, textbooks, a collection of key articles, and any module related software.
To make your experience as a distance learning student more complete and rewarding, we provide access to the Virtual Learning Environment, which is a web-accessed learning environment. Via the VLE, you can communicate with your assigned academic tutor, administrators and other students on the module using discussion forums. The VLE also provides access to the module Study Guide and assignments, as well as a selection of electronic journals available on the University of London Online Library.
For each module, you will sit a three-hour examination, held on a specified date in October, and complete two assignments during the module study session. Assignments are submitted and feedback given online. Examinations and assignments are weighted 70:30.
Students of this programme will receive an invaluable preparation for high-level appointments in government, public services, international organisations and NGOs. The programme is endorsed by the Association of Chartered Certified Accountants (ACCA). If you are already an ACCA member, the qualification will be a useful way to improve your expertise to enable you to practise in government finance.
A Student's Perspective
I can assure my sponsor that the studies I undertook were value for money and have helped me tremendously in my career development. I would recommend studying through CeFiMS to anybody.