Objectives and competences
In this course students:
1. Systematically enhance their theoretical knowledge in the field of public sector financiang and financial management and are able to apply it.
2. Gain the ability to apply their theoretical knowledge in complex practical problems in the field of public sector financing and financial management
3. Acquire in-depth approach to analysis of public sector financing and financial management problems and are able to critically evaluate it.
4. Make critical judgements based on a sound theoretical base.
Content (Syllabus outline)
Legal framework for public sector financing
Sustainable public finance policy
Public finance revenues and expenditures
Public expenditures as projects
Public outlays financial analysis
Long-term financing
Liquidity management
Accountability and control
Multiannual financial framework and annual budget EU
European Semester
Next Generation EU
Learning and teaching methods
Common lectures
AV presentations
Case studies
Intended learning outcomes - knowledge and understanding
Development of knowledge and understanding:
Students:
1. Acquire comprehensive knowledge in the area of specialization in financing and financial management of public sector
2. Are able to explain interconnections in the field of financial management of public sector
3. Develop skills to review the gained results in the field of financial management of public sector
4. Learn how to analyse and synthesise different approaches in the field of public sector financial management with changing conditions.
5. Are able to upgrade and design further analysis regarding public sector financing and financial management
6. Are aware of personal and professional responsibility in the field of public sector financial management
7. Are able to demonstrate a critical ethical dimension in their work.
Intended learning outcomes - transferable/key skills and other attributes
Cognitive/Intellectual skills:
Students:
1. Understand and apply critical analysis and theory development and their usability in solving real and abstract professional problems, without guidance.
2. Get the ability to search for and synthesize new information from the field of financing and financial management of public sector in literature and praxis and to place them in appropriate professional frame.
3. Can select appropriate techniques for complex problem solving and are able to evaluate the reliability, validity and significance of results gained.
4. Can identify key aspects of problem from different view points and are able to find solutions.
5. Can investigate contradictory information and reasons for this.
Key/Transferable skills
Students:
1. Further develop skills and expertise in the use of knowledge in a specific working area.
2. Upgrade the ability to become an autonomous learner.
3. Upgrade the ability to apply information technology.
4. Can identify key aspects of problem from different view points and are able to find solutions.
5. Can select and manage information with minimal guidelines.
Practical skills:
Student:
1. Get practical experience in the field of financing and financial management of public sector
2. Is able to act autonomously with minimal guidelines and supervision.
Readings
Obvezna študijska literatura (Compulsory textbooks):
Kranjec M..2003. Davki in proračun. Univerza v Ljubljani, Fakulteta za upravo (izbrana poglavja).
Izbrani pravni akti, ki urejajo javnofinančno področje
Gradiva Ministrstva za finance, Evropske komisije ter aktualni članki.
Dodatna študijska literatura (Additonal textbooks):
Finkler A.S. 2005. Financial management for public, health, and not-for-profit organisations. Pearson
Coombs H.M. 2003. Public sector financial management. Thomson Learning.
Additional information on implementation and assessment 70 % Written exam or 2 intermediate assessments
30 % Seminar paper
