The Budget Management Specialist Course is one of the two flagship courses offered by the IPF. The other flagship course of the institute is Fiscal Economics and Economic Management. The basic objective of BMS course is to enhance the skills and knowledge of officers within the Finance Division as well as line ministries, divisions, subordinate directorates, and departments involved in public financial management. The course is specifically designed for mid and junior-level officers, such as Deputy Secretaries, Senior Assistant Secretaries, Assistant Secretaries, or officers holding equivalent ranks across various cadres and defense services. Accordingly, its aim is to equip these participants with the necessary expertise in budget management.
The training course is much practical, complemented by a solid theoretical foundation. Its primary aim is to equip participants with the essential skills and knowledge required for strategic planning, preparation, execution, and monitoring of budgets within the framework of the Medium-Term Budget Framework. The course follows the standard Public Financial Management (PFM) cycle in delivering modules and their contents, providing a comprehensive understanding of budget management processes.
The BMS (Budget Management Specialist) course is a comprehensive, full-time, non-residential training programme delivered by the Institute of Public Finance Bangladesh (IPF). In fact, the BMS course offers a comprehensive curriculum that encompasses the entire spectrum of budget management. The course spans duration of 20 days and is structured into five modules, each addressing crucial aspects of budget management. These modules are as follows: (i) Budget Management in Bangladesh: Legal Framework and Institutional Arrangements, (ii) Strategic Planning and Budget Preparation, (iii) Budget Implementation and Monitoring, (iv) BACS and iBAS++, and (v) Financial Reporting and Accountability Framework.
The BMS training program initially began in the fiscal year 2013-14. Each BMS training course typically accommodates 25 participants. As of June 2023, IPF has successfully conducted 28 BMS courses. Across the 28 BMS courses, a total of 671 participants have successfully completed the training courses.