Certified Master in World Bank Financial Management & Disbursement
COURSE DURATION 1 – 2 WEEKS | ELIGIBILITY : MID & SENIOR LEVEL | LOCATION : DUBAI – LONDON – MIAMI |
Course introduction
This course highlights the critical role financial management plays in the development process, particularly in World Bank-funded projects. Effective financial management ensures accountability and efficiency in public sector resources and fosters investment and growth in the private sector.
The World Bank’s dual objectives in financial management are:
Improving financial performance in borrowing countries.
Ensuring proper use of loan proceeds to retain stakeholder confidence.
This course provides insights into how these objectives are met, including adjustments for emergency or post-disaster operations.
Course Benefits
- Understanding World Bank financial guidelines
- Donor documentation and audit processes
- Planning, budgeting, and reporting for funded projects
- Legal responsibilities of borrowers and donors
- Strategies for funding structure
- Compliance and assurance in project disbursement
Training Schedule
Weekdays Batch (Monday to Friday):
- Regular Sessions: 4–6 hours/day
- Timing Options: 9:30 AM – 2:00 PM or 3:00 PM – 9:00 PM
- Food & Refreshments Included
Weekend Batch (Saturday & Sunday):
- Fast-Track Sessions: 8 hours/day
- Timing: 9:30 AM – 5:00 PM
- Food & Refreshments Included
Learning & Assessment:
- Test: No
- Study Materials: Yes
- Course Materials: Hard or Soft Copies
- Language of Instruction: English
Who Should Attend ?
This course is ideal for:
- Top Level Management
- Mid Level Management
- Risk Management Professionals
- Compliance Professionals
- Audit Professionals
- Professionals and practitioners with a minimum of 2 (two) years of Risk experience or 3 (six) years of experience in related fields, such as assurance services (e.g. audit, fraud investigation) and a certain category of risk management (e.g. Financial Risk, credit risk, market risk, operational risk, etc.).
- Finance Managers, Analysts, and Officers
- Budget Planners and Examiners
- Project Management Staff involved in World Bank-funded projects
- Professionals aspiring to work on World Bank-funded initiatives
Registration documents
Course Oultline (Topics Covered)
MODULE 1
- The World Bank Project Cycle
- What Is a World Bank Project?
- Country Assistance Strategy
- Project identification
- Project preparation
- Project appraisal
- Project approval
- Project implementation
- Project completion
MODULE 2
- Financial Management in Bank Operations
- Operational Policies
- Assessments of financial management arrangements.
- Interim financial reporting
- Audited financial statements.
- Bank Procedures
- Project preparation
- Assess the proposed financial management arrangements
- Agree with the borrower on the format and content of interim and annual audited financial statements
MODULE 3
- Unique statements
- Agree on the scope of audit work to be carried out for each operation
- Project implementation.
- Project completion and evaluation.
- Financial Management Issues in Emergency Operations
- Use of country systems
- Harmonization
- Analysis of risk
- Disbursement
Module 4
- Disbursement Methods
- Reimbursement
- Advance
- Direct Payment
- Special Commitment
- Satisfying sponsors
- Reporting
- Fund receipt connection with real time project development
- Risk Management
- Strategy development and implementation
MODULE 5
- Building Country Capacity
- FM Policies in Bank-financed Operations
- Engagement with Global Partners
- Financing Plan
- Understanding the RATINGS
- Implementation ratings
- Completion ratings
- Risk to Development Outcome
- Bank Performance
- Borrower Performance
- Government Performance
MODULE 6
- Sustainable Development Goals.
- G20 High-Level Principles for Digital Financial Inclusion.
- Universal Financial Access 2020 initiative
- Creating a regulatory environment to enable access to transaction accounts
- Expanding access points
- Improving financial capability
- Driving scale and viability through high-volume government programs, such as social transfers, into those transaction accounts
- Focusing on reaching disadvantaged populations, such as women and rural producers
- Encouraging use of financial services, to move from access to finance to account us
MODULE 7
- Sustainable Development Goals.
- G20 High-Level Principles for Digital Financial Inclusion.
- Universal Financial Access 2020 initiative
- Creating a regulatory environment to enable access to transaction accounts
- Expanding access points
- Improving financial capability
- Driving scale and viability through high-volume government programs, such as social transfers, into those transaction accounts
- Focusing on reaching disadvantaged populations, such as women and rural producers
- Encouraging use of financial services, to move from access to finance to account use
MODULE 8
- Policy and institutional underpinnings
- Budget allocations
- Budget circular
- Budget comprehensiveness
- Budget documentation
- Budget estimates
- Budget execution
- Budget preparation
- Budget proposals
- Budget support
- Budget systems
- Budgetary expenditure
- Budgetary institutions
- Budgeting
Certifications
- Internationally recognized Kings Global Academy Certificate
- Recognized in USA | UK | Canada | UAE | South Africa | Australia | Singapore
- Accredited by 10+ Certification bodies
Registration Documents
To register, participants must provide:
- Passport Copy
- Curriculum Vitae
- Passport-size Photographs
- Full Course Fee Payment
Contact Info
To know more about course:
- WhatsApp: +971507311914
- Call : +971507311914
- Mail: trainings@kingscareers.org
