| NAME OF THE COURSE |
| CERTIFIED PROFESSIONAL IN SOVEREIGN WEALTH FUNDS |
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| CERTIFICATION |
| CERTIFIED PROFESSIONAL IN SOVEREIGN WEALTH FUNDS |
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| COURSE OVERVIEW |
| Sovereign wealth funds (SWFs) are playing an increasingly important role in the management of government windfalls and income surpluses from a variety of sources. The rise of SWFs is reflected not only in the increase in the size of assets under their management – now estimated at over $5 trillion globally – but also in the proliferation of new funds established over the past decade and the anticipated establishment of new funds in countries with recent resource discoveries. This report digs deeper into the roles, practices and governance structures of SWFs. The primary aim of the report is to identify the leading practices among existing funds and establish an analytical framework for assessing the critical policy and institutional aspects that legislators, policy-makers and practitioners need to consider in establishing a new SWF or reforming an existing one. |
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| TRAINING DURATION |
| Total Training Hours: 22 Hours |
| Training Duration: 1 Week |
| Total Training Days: 4-5 Working Days |
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| TRAINING SCHEDULE |
| Weekdays (Sunday to Thursday) |
| Regular Sessions : 4 – 6 Hrs Per day (9 am to 2 pm or 3.00 pm to 9.00 pm) |
| Food & refreshments Included |
| Weekends (Friday & Saturday) |
| Fast Track Sessions: 8 Hours per day (9 am to 5 pm) |
| Food & refreshments Included |
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| CERTIFICATION |
| Globally recognized certificate from “Kings Global Career Academy” |
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| TEST |
| No |
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| LEARNING AIDS |
| Yes |
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| COURSE MATERIAL |
| Hard & Soft Copies of Study Material |
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| LANGUAGE OF INSTRUCTION |
| English |
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| INSTRUCTOR HELPLINE |
| Yes |
| 1. Email |
| 2. Social Media (For Emergency requirements) |
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| REGISTRATION REQUIREMENTS |
| 1. Passport Copy |
| 2. Curriculum Vitae |
| 3. Passport size photographs |
| 4. Course Fee |
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| MODE OF PAYMENT |
| Cash / Cheque / Credit Card / Bank Transfer. |
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| COURSE ELIGIBILITY |
| Overall understanding and management of SWFs |
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| COURSE BENEFITS |
| in-depth understanding of Government Revenue Management |
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| COURSE CONTENTS |
| Introduction: Managing sovereign wealth |
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| 1: Sovereign wealth fund functions, policies and governance |
| 1.1 Sovereign wealth funds and the broader sovereign investor universe |
| 1.2. The functions of sovereign wealth funds |
| 1.3. What determines sovereign wealth fund functions? |
| 1.4. Key considerations for policy decisions and implementation |
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| Section I: Accumulating, stabilising and spending the sovereign wealth |
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| Banking the boom: accumulating wealth through resource revenue windfalls |
| 2.1. Accumulation rules for resource-rich countries: a conceptual overview |
| 2.2. Counterfactuals based on simple accumulation rules |
| 2.3. Policy implications for resource-rich countries |
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| Accumulating wealth through excess foreign reserves |
| 3.1. Comparing reserves- and resource-based sovereign wealth |
| 3.2. The accumulation of foreign reserves: from adequacy to excess |
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| Integrating stabilisation, spending and savings decisions in resource-rich countries |
| 4.1. Structural features: strengths and weaknesses |
| 4.2. A simple model for integrated policy choices |
| 4.3. Applications and insights from contrasting country cases |
| 4.4. Generalised lessons from country-specific cases |
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| Governing sovereign wealth |
| Rule-based policies and governance in resource-revenue funds |
| 5.1 Sources of funding: savings rules |
| 5.2 The use of sovereign wealth fund assets and income: spending rules |
| 5.3 Governance of savings and spending rules |
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| Public sector placement of sovereign funds: mandating central banks or independent authorities? |
| 6.1. Existing approaches to institutional placement 90 |
| 6.2 Choosing where to place your sovereign investment vehicle 92 |
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| Internal governance: board composition, appointment process and investment policy 101 |
| 7.1. The clarity in internal governance 101 |
| 7.2. Foundations for good governance 103 |
| 7.3. Board composition 105 |
| 7.4 Appointment processes 110 |
| 7.5. Investment objectives, policy and strategy 111 |
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| Section II: Conclusions and recommendations |
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| 8: Findings and recommendations |
| Technical appendix: An integrated model of savings, stabilisation and spending |