Executive Seminar

Public financial management: Challenges in emerging market contexts

This seminar takes a closer look at various challenges associated with public financial management which arise in emerging market contexts, with a focus on revenue-related issues. What are specifics of revenue strategies in emerging market countries? How should revenue agencies be organised? In some countries, most funding for public investments comes from international donor assistance. What complications do multiple donors introduce to the management of public projects? What role do other sources of funds, such as those from international capital markets and the private sector, play? 

The seminar covers institutions involved in the implementation of budgetary policies. It pays particular attention to tax policies and tax administrations, as well as to arrangements that facilitate cross-governmental cooperation. Participants gain an understanding of institutional design requirements for implementing financial and fiscal policies.

Participants of this course must bring along good knowledge of financial management or should visit the Executive Seminar “Fiscal Rules and Budgeting” (which has a developed country focus and looks at expenditure management in more detail) as a preparation for this course.

This course can also be completed as part of the Certificate in Public Financial Management and Methods or the Certificate in Managing International Cooperation and Development.

Target group

Professionals from all sectors (public, private, and from NGOs)


  • Higher education degree
  • At least two years of relevant professional experience (average is ten years)
  • Good knowledge of English


  • 2.5 days in Berlin, as well as additional time for the preparation of the seminar
  • No follow-up assignment is required

Seminar times

  • Day 1: 11:00 - 20:00
  • Day 2:   9:00 - 18:00
  • Day 3:   9:00 - 16:00

Seminar fee

€ 1,690

Seminar fees are exempted from tax according to Value Added Tax Act (UStG) §4 Nr. 21a. In Germany and many other countries, tuition fees for continuing education programmes are also fully tax-deductible as professional training expenses.

Seminar fee includes: attendance, online access to course documents, materials during the seminar, beverages in the Hertie School cafeteria (open on weekdays), certificate of attendance. 

Terms and Conditions


Registration is possible throughout the year, on a first-come, first-serve basis via our online application module. Admission is subject to availability.

Seminar director