Offered as a concentration within the Master of International Development Policy (MIDP), IT-PFM provides fellows with a unique blend of policy analysis, skill development and interdisciplinary work, all focused on design and management of domestic revenues and expenditures in developing economies in an ever-changing global environment.

Just getting started in exploring graduate school? Join our mailing list and learn more about our program

Ready to go? Click here to get started on your application. Apply by January 5th!

Important Changes Coming to IT-PFM in 2021!

Beginning in Fall 2021, the IT-PFM will become a concentration (rather than a specialization). This change will make the program even more flexible,  while still recognizing the fellow’s achievement on the academic transcript. Information on the specific list of courses required for the concentration will be coming to this page soon. Fellows already admitted and enrolled for the 2020-2021 academic year will follow the plan described below for the specialization. Fellows admitted and enrolled beginning Fall 2021 will be offered the concentration. 

We are excited to expand the availability of the IT-PFM through this change. If you have questions, please reach out to the MIDP team at midpinfo@duke.edu

The Program*

The International Tax and Public Financial Management Program (IT-PFM) provides the highest quality professional graduate education for future leaders and managers of tax and public financial management systems in countries around the world. To achieve this, the IT-PFM provides an integrated program across the key areas of policy and administration for public finance, taxation, budgeting and expenditure analysis.  

Offered as a specialization within the Master of International Development Policy (MIDP), IT-PFM provides fellows with a unique blend of policy analysis, skill development and interdisciplinary work, all focused on design and management of domestic revenues and expenditures in developing economies in an ever-changing global environment. The policymakers and public sector managers of today must be able to design policies and practices that generate adequate revenues to alleviate poverty and support the delivery of public services in an efficient and equitable manner while still fostering an enabling environment for economic growth and development.

Improved taxation and PFM enhance transparency and accountability in public resource management that can reduce fiduciary risks affecting domestic revenue mobilization, borrowing, investment, grants and foreign aid. Successful reforms require a combination of political will, effective management, technical capacity and incentive structures. The IT-PFM specialization develops those skills needed to design and implement these reforms in the developing world.

*Beginning in Fall 2021, the IT-PFM will become a concentration (rather than a specialization). This change will make the program even more flexible,  while still recognizing the fellow’s achievement on a transcript. Information on the specific list of courses required for the concentration will be coming to this page soon. Students already admitted and enrolled for the 2020-2021 academic year will follow the plan described below for the specialization. Students admitted and enrolled beginning Fall 2021 will be offered the concentration. 

One-Year IT-PFM

The one-year program is available to candidates who have completed at least one year of graduate studies prior to admission, including courses in economics, and who have at least five years of taxation / public financial management-related work experience.

 

The One-Year IT-PFM Program Curriculum 

Semester

One-Year Master’s Degree (30 credits)

Fall

Policy Analysis for Development (3 credits)

Applied Development Economics (3 credits)

Public Finance in Developing and Emerging Economies (3 credits)

Evaluation of Public Investments Projects or Elective Course (3 credits)

Master’s Project (1 credit)

Spring

Public Budgeting and Financial Administration (3 credits)

Tax Policy and Administration (3 credits) or Development Finance and Resource Allocation (3 credits)

Elective Course (3 credits)

Master’s Project (2 credits)

Summer

Project Appraisal and Risk Management Program (6 credits) or

Tax Analysis and Revenue Forecasting Program (6 credits)

Depending on whether specialization is on Tax or PFM

Note:  All IT-PFM one-year degree fellows are required to take either the Evaluation of Public Investment Projects or the Project Appraisal and Risk Management Program (PARM) or an approved equivalent.

 

Two-Year IT-PFM

The two-year program is available to candidates who have completed an undergraduate degree and have at least three years of taxation and/or public financial management-related work experience.

During the summer between the first and second year, fellows work as interns in public sector organizations gaining additional knowledge and experience in taxation and public financial management.  This required internship may also be satisfied through a directed research project or teaching assistantship in an area of taxation and public financial management.

 

The Two-Year IT-PFM Program Curriculum 

Semester

Two-Year Master’s Degree (48 credits)

Fall

Policy Analysis for Development (3 credits)

Economic Foundations for Development (3 credits)

Elective Courses (6 credits)

Spring

Empirical Analysis for Development (3 credits)

Public Budgeting and Financial Administration (3 credits)

Fiscal Decentralization and Local Government Finance (3 credits)

Elective Course (3 credits)

Summer

Internship, directed research project or teaching assistantship

Project Appraisal and Risk Management Program (6 credits) (optional)

Tax Analysis and Revenue Forecasting Program (6 credits) (optional)

Fall

Public Finance in Developing and Emerging Economies (3 credits)

Applied Development Economics (3 credits)

Evaluation of Public Investment Projects or Elective Course (3 credits)

Elective (3 credits)

Master’s Project (1 credit)

Spring

Tax Policy and Administration (3 credits) or Development Finance and Resource Allocation (3 credits)

Elective Course (3 credits)

Master’s Project (2 credits)

Note:  All IT-PFM two-year degree fellows are required to take either the Evaluation of Public Investment Projects or the Project Appraisal and Risk Management Program (PARM) or an approved equivalent.

Faculty

Faculty members in the PFM specialization have extensive experience as short-term advisors, long-term resident advisors and government officials in numerous tax policy and public financial management reforms linked to planning, budgeting, fiscal policy, expenditure analysis, tax policy and administration, fiscal decentralization and local government finance in more than 30 countries. Click here to learn more about our faculty. 

Financial Aid

The Oliver Oldman Memorial Scholarship

DCID established the Oliver Oldman Memorial Scholarship in 2009-10 to honor Professor Oliver Oldman, who directed and nurtured the International Taxation Program while it was hosted by Harvard Law School. The scholarship has now been expanded to support up to eight fellows per academic year who enroll in the MIDP with a specialization in international taxation and/or public financial management. The scholarship covers between 25 and 100 percent of the cost of tuition. Fees, health insurance and living expenses are not included. Learn more about scholarships.

Comments are closed.

Close Search Window