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Programme

The Small Countries Financial Management Programme

30th June - 12th July 2019

This programme is unique. From the outset, it recognised that there was a lack of directly relevant and appropriate training specifically aimed at addressing the problems faced by small developing countries. It, therefore, was been designed to deliver benefits that are not generally available from other programmes. It employs a number of teaching methods aimed at enabling participants to reframe existing problems and challenges in ways that allow new insights and, in the process, possible new solutions to these challenges. Participants are asked to bring with them a current significant problem on which they are working and, using insights from the programme, develop some new and more effective ways of tackling it. In that sense it goes beyond the customary 'technical' training approaches employed by many programmes.

The programme is being provided by the Small Countries Financial Management Centre and is designed by faculty from Oxford University's Saïd Business School with extensive input from several regulatory and standard setting bodies. The first part of the programme is held in the Isle of Man, with the second week taking place in Oxford.

The programme is delivered by leading academics in relevant disciplines from around the world. The Faculty, which is overseen by two experienced programme directors from the Saïd Business School, includes professors from Oxford University and other major universities and business schools. In addition, sessions are led by experienced practitioners and experts from regulatory and other financial institutions and from other small countries which have best practice to share.

The two week programme starts on the Sunday with participants flying in to the Isle of Man.  

On the following Sunday the participants fly to the UK and travel to Oxford. On Monday participants work further on reframing challenges and also experience a session on leadership in influencing skills. Then, from Tuesday through Thursday afternoon, a customised version of the Oxford Programme on Negotiation is taught. The Oxford sessions are conducted at Harris Manchester College. During this portion of the programme, there are dinners at the Oxford Union and at Harris Manchester. Participants receive their certificates signifying successful completion of the course at the final dinner on the Friday evening.

Up to 24 participants are selected from senior officials of ministries of finance, financial regulatory bodies, and the central banks of small countries. Attendance is free, and all travel and accommodation costs are covered by the sponsors.