• The JVI is a regional training center founded in 1992 by Austria, the International Monetary Fund, and several other international organizations.
    The JVI is a regional training center founded in 1992 by Austria, the International Monetary Fund, and several other international organizations.
  • Our courses are geared to officials from Central, Eastern, and Southeastern Europe, the Caucasus, and Central Asia.
    Our courses are geared to officials from Central, Eastern, and Southeastern Europe, the Caucasus, and Central Asia.
  • About 80 courses per year are taught by the Austrian authorities, IMF, EBRD, EIB, OECD, World Bank, WTO, EC, JVI, and selected central banks.
    About 80 courses per year are taught by the Austrian authorities, IMF, EBRD, EIB, OECD, World Bank, WTO, EC, JVI, and selected central banks.
  • Since its establishment over 40,000 course participants have been trained at the JVI.
    Since its establishment over 40,000 course participants have been trained at the JVI.
  • We also hold special lectures to discuss both policy and capacity development, as for example during the visit of IMF Managing Director, Christine Lagarde.
    We also hold special lectures to discuss both policy and capacity development, as for example during the visit of IMF Managing Director, Christine Lagarde.
  • Annual  lectures by current ministers, governors and top public officials are a particular highlight (Hans Joerg Schelling, Austrian Finance Minister, June 2016).
    Annual lectures by current ministers, governors and top public officials are a particular highlight (Hans Joerg Schelling, Austrian Finance Minister, June 2016).
  • And Governor Ewald Nowotny in 2013. Thanks to Austria and the IMF’s committed support, the JVI has been able to build capacity and foster effective cooperation across the region.
    And Governor Ewald Nowotny in 2013. Thanks to Austria and the IMF’s committed support, the JVI has been able to build capacity and foster effective cooperation across the region.

What we do

The JVI provides policy-oriented training primarily to participants from countries in Central, Eastern and Southeastern Europe, the Caucasus, and Central Asia. We offer courses in economics, financial sector analysis and management, trade policy, corporate governance, and related topics for public officials and selected private sector executives.

The Austrian Federal Ministry of Finance (BMF), the Oesterreichische Nationalbank (OeNB)), the International Monetary Fund (IMF), and several other international organizations established JVI in 1992.

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Upcoming Course Deadlines

New JVI Course Schedule for 2019

For the most up-to-date information please click on this link for our 2020 course schedule or download our program brochure.

Watch the JVI's welcome vidcast for an overview of the JVI, explaining what it is, what it does, and what makes our training so special.

Please also check out
the IMF's online course offerings on edX.

Alumni Interviews

Radek Schejbal

“I appreciated variety of lecturers giving an international overview on topics relevant for my daily work, as well as networking and sharing of experience. Especially useful for me was a presentation about the Austrian National Bank and ECB top-down solvency stress testing tool, as well as more technical on contagion models.”

Mr. Radek Schejbal, Czech National Bank
OeNB course on Financial Stability and Supervisory Stress Testing. January 14-17, 2019

Samvel Margaryan

“The course helped me a lot because I got experience with new tools, which I use in my daily responsibilities.”

Mr. Samvel Margaryan, Ministry of Finance, Armenia
The course of the Austrian Federal Ministry of Finance and the International Monetary Fund on Tools and Policies for Inclusive Growth. November 6-17, 2017

Marko Olenkovic

“The knowledge and skills I am acquiring will help me to better understand and interpret economic developments and policies, which is essential to my work at the National Bank.”

Marko Olenkovic, National Bank of Croatia
IMF Course on Financial Programming and Policies

Mariam Khariashvili

“The course has helped me to gain a deeper understanding of the four main macroeconomic sectors and how they are interlinked.”

Mariam Khariashvili, National Bank of Georgia
IMF Course on Financial Programming and Policies

Bakhtiyor Taylakov

“This course gives very necessary and important practical and theoretical economic knowledge within a short period.”

Mr. Bakhtiyor Taylakov, Central Bank of Uzbekistan
IMF course on Managing Capital Flows: Macroeconomic Analysis and Policies (MCF). November 6-17, 2017

Olga Zykova

“The course has given me a sound foundation on financial systems and an understanding of the complexity of financial system development in terms of prudential policies and measures, especially in a highly changeable economic environment.”

Olga Zykova, Ministry of Finance of Ukraine
IMF Course on Financial Sector Policies (FSP)

Maja Aksentijevic

“Although online learning has become more and more popular, I am a big fan of traditional ways of learning. Through face-to-face learning you can hear the opinions of others, have a discussion, form a new opinion, or even change your point of view.”

Maja Aksentijevic, National Bank of Serbia
IMF Course on Financial Sector Policies (FSP)

Daniel Valcu

“Participating in this course made me realize how important it is to look more closely at the interaction between monetary and fiscal policy.”

Mr. Daniel Valcu, Ministry of Public Finance, Romania
IMF Course on Monetary Policy. January-February 2018

Elena Laura

“The EBRD course gave me a better understanding of the current and potential risks, such as price variations, currency and interest rate, and how to mitigate them. Also, it enabled me to reconsider my leadership and communication styles in order to engage more with my working colleagues on common issues.”

Ms. Elena Laura Ciubotaru, Romania
EBRD Management Training for Chief Financial Officers

Iryna Lafiuk

“The course created a special platform where experts from different agencies, who are involved in designing a macroeconomic reform program, met and had an opportunity to improve their skills.”

Ms. Iryna Lafiuk, Ministry of Economy, Belarus
IMF course on Managing Capital Flows: Macroeconomic Analysis and Policies (MCF). November 6-17, 2017

Snezana Filipovic

“I learned a lot that I can pass on to my colleagues, and I will include good policies and practices as recommendations in our projects.”

Ms. Snezana Filipovic, Institute of Economic Sciences, Republic of Serbia
The course of the Austrian Federal Ministry of Finance and the International Monetary Fund on Tools and Policies for Inclusive Growth. November 6-17, 2017

Ms. Ana Jovanovska

“The course tackles issues like gender equity, gender- responsive policies, green growth, and environmental policies, which are topics for all countries these days.”

Ms. Ana Jovanovska, Cabinet of Deputy Prime Minister in Charge of Economic Affairs Macedonia, FYR of
The course of the Austrian Federal Ministry of Finance and the International Monetary Fund on Tools and Policies for Inclusive Growth. November 6-17, 2017

Aygun Garayeva

“Since the global financial crisis, it has become apparent that no countries, even the most advanced, are immune to economic crises.”

Ms. Aygun Garayeva, Central Bank of Azerbaijan
IMF Course on Vulnerability Diagnostics (VDC). December 4-15, 2017

Anxhela Bushati

“Thanks to the Vulnerability Diagnostics course I have built up my skills and ability to assess fiscal, financial, and external vulnerabilities.”

Ms. Anxhela Bushati Ministry of Economic, Development of Albania
IMF Course on Vulnerability Diagnostics (VDC). December 4-15, 2017

Fatih Akcelik

“I will use what I learned from the real-life case studies in building models and communicating their results in my daily work.”

Mr. Fatih Akcelik, Central Bank of the Republic of Turkey
IMF Course on Monetary Policy. January-February 2018 

Adrian Music

“It was a great experience and again it proved what a tremendous effort JVI invests in educating public officials and strengthening the capacity of institutions throughout the JVI target region.”

Mr. Adrian Music, Central Bank of Bosnia and Herzegovin
IMF Course on Vulnerability Diagnostics (VDC). December 4-15, 2017

Jelena Sarovic

“The course examined the issues that central banks face recently, macro-prudential stress tests, experience gained during the crisis and stress tests within the EU. It presented various econometric models used in the implementation of stress tests which is important for improving existing knowledge in this field. Lecturers were knowledgeable and dealt with issues related to creation, analysis and legal framework for maintaining the solvency stress tests.”

Ms. Jelena Sarovic, National Bank of Serbia
OeNB course on Financial Stability and Supervisory Stress Testing for Banking Systems. January 14-17, 2019

Lulian Panait

“This course had an advanced approach to assessing vulnerabilities that connected it very well with my day-to-day work.”

Mr. Lulian Panait, Financial Supervisory Authority of Romania
IMF Course on Vulnerability Diagnostics (VDC). December 4-15, 2017

Andrei Pleshkun

“Topics such as financial system development and design, identifying measures to increase financial system efficiency, and elaborating the corresponding policy measures are of great interest to me.”

Andrei Pleshkun, National Bank of the Republic of Belarus
IMF Course on Financial Sector Policies (FSP)

Zsolt Szőrfi

“Through the presentations I was able to learn a great deal about the monetary policy frameworks of other countries.”

Mr. Zsolt Szőrfi, National Bank of Hungary
IMF Course on Monetary Polic. January-February 2018

Babken Pashinyan

“The learning progressed from lectures introducing the underlying concepts to hands-on workshops. These helped me to better understand monetary policy.”

Mr. Babken Pashinyan, Ministry of Finance, Armenia
IMF Course on Monetary Policy. January-February 2018

Margarit Mamikonyan

“The course gives us analytical tools and techniques to improve our decision-making on macroeconomic and macroprudential policies.”

Ms. Margarit Mamikonyan, Central Bank of the Republic of Armenia
IMF Course on Vulnerability Diagnostics (VDC). December 4-15, 2017

Ms. Marina Petrov

“The course is workshop-intensive, it keeps you thinking about the topic in a problem-solving way. I already have some ideas about how to try things mentioned in the lectures at home.”

Ms. Marina Petrov, National Bank of Serbia
IMF Course on Financial Sector Surveillance

Marina Soloviova

“In the one week since the course started, I already have some new ideas for the analytical comments on the financial account and international investment position that we publish each quarter.”

Ms. Marina Soloviova, National Bank of Moldova
IMF course on Managing Capital Flows: Macroeconomic Analysis and Policies (MCF). November 6-17, 2017

Nino Mikeladze

“Vulnerability Diagnostics is an especially important course for emerging markets, which are highly vulnerable to the different kinds of shocks.”

Ms. Nino Mikeladze, Ministry of Finance of Georgia
IMF Course on Vulnerability Diagnostics (VDC). December 4-15, 2017

“My first impression is that this course not only covers almost every fundamental thing for a beginner but that even an experienced user could find many useful tips.”

Ms. Iuliia Shapova, The Institute for Economics and Forecasting of the National Academy of Sciences of Ukraine
IMF course on Managing Capital Flows: Macroeconomic Analysis and Policies (MCF).  November 6-17, 2017

Anna Nowak

“Many examples given during the course made some aspects clearer and allowed me to look at some issues from a different perspective.”

Ms. Anna Nowak, National Bank of Poland
IMF Course on Compilation of Balance of Payments Statistics. February, 2018

Assel Kadyrbayeva

“All the knowledge gained in this course will be useful at work, especially to analyze the sustainability of the external balance.”

Ms. Assel Kadyrbayeva, National Bank of Republic of Kazakhstan
IMF Course on Vulnerability Diagnostics (VDC). December 4-15, 2017

Ievgenii Skok

“I am confident that this course will ensure better insight into how to formulate and apply policies in different monetary regimes, as well as about global trends and country case studies.”

Mr. Ievgenii Skok, National Bank of Ukraine
IMF Course on Monetary Policy. January-February 2018

Vesna Plaznik

“We learned at the Residential Property Price Indices course about several methods of calculating indices, how to compare them, and most useful – how to interpret the results. The theory was well-reasoned and supported by practical examples from real situations, which will definitively help me in my future work.”

Ms. Vesna Plaznik, Statistical Office of Slovenia
IMF course on Residential Property Price Indices

Martin Pintaric

“The course on Monetary Policy gave me a greater understanding of the complex linkages between monetary policy, exchange rate regimes, and other macroeconomic factors.”

Mr. Martin Pintaric, National Bank of Croatia
IMF Course on Monetary Policy. January-February 2018

Jasmina Mrkonja

“Back home I will definitely use the workshop materials as a source of inspiration to build tools for monitoring systemic risk.”

Jasmina Mrkonja, IMF Resident Representative Office for Bosnia and Herzegovina
IMF Course on Financial Sector Policies (FSP)

Diana Ondža

“JVI offers unique opportunities to exchange experiences. The course has been helpful for improving my skills in macroeconomic policy analysis.”

Diana Ondža, Ministry of Finance of Latvia
IMF Course on Financial Programming and Policies 

Ms. Egzona Hani

“The JVI courses have broadened and deepened my knowledge about specific economic topics. During the course, I got to know the specifics, the definitions, the logic behind the measurements, the calculations, the risks.”

Ms. Egzona Hani, National Bank of Republic of Macedonia
IMF Course on Financial Sector Surveillance

Inna Spivak

“I have attended courses at the JVI on subjects that complement each other. Thanks to them, I have expanded my knowledge of macroeconomic analysis, modeling and forecasting.”

Ms. Inna Spivak, National Bank of Ukraine
IMF course on Managing Capital Flows: Macroeconomic Analysis and Policies (MCF). November 6-17, 2017

Tamara Habetyan

“This course has given me a lot of knowledge on financial system stability issues, which is very important for both my job and my professional growth. JVI also gives us the opportunity to network with colleagues from different countries.”

Tamara Habetyan, Central Bank of Armenia
IMF Course on Financial Sector Policies (FSP)

Irina Cebotari

“The JVI training has had an impact on the quality of the analyses I have been performing, and has contributed to my gradual career progress from an entry-level economist position.”

Ms. Irina Cebotari, National Bank of Moldova
IMF course on Managing Capital Flows: Macroeconomic Analysis and Policies (MCF). November 6-17, 2017

Veronica Chicu

“Experience sharing and learning from other countries’ examples is very important and helpful in improving the quality of our statistics. With face-to-face learning, the JVI becomes not only an intermediary in this exchange of experience between peers, but at the same time brings with the IMF presenters to this hands-on experience also a strong theoretical and methodological component.”

Ms. Veronica Chicu, National Bank of Moldova
IMF/STA course on Compilation of Balance of Payments Statistics. January 28 – February 8, 2019

Tatiana Scoarta

“The course on Residential Property Price Indices (RPPIs) provided practical guidance on methods for compiling RPPIs based available data and country-specific characteristics. Learning and networking encourages participants to exchange experiences, which can give valuable insights into what can eventually be implemented.”

Ms. Tatiana Scoarta, National Bank of Moldova
IMF course on Residential Property Price Indices. IMF Course on Financial Sector Surveillance

Lia Dzebisauri

“JVI courses give me a great opportunity to expand my knowledge, analytical thinking, and skills. I had an excellent chance to meet colleagues from other countries and share experiences and best practices.”

Ms. Lia Dzebisauri, National Statistics Office, Georgia
IMF Course on Compilation of Balance of Payments Statistics. February, 2018

Jacek Bialek

“JVI offers great networking opportunities; after 15 years I am still in touch with some friends from the 2002 AEP course.”

Mr. Jacek Bialek, Ministry of Economic Development, Poland
IMF course on Managing Capital Flows: Macroeconomic Analysis and Policies (MCF). November 6-17, 2017

Davit Kirakosyan

“Online learning is a great opportunity to reach people who don’t have any opportunity to attend face-to-face training courses.”

Mr. Davit Kirakosyan , Central Bank of Armenia
The course of the Austrian Federal Ministry of Finance and the International Monetary Fund on Tools and Policies for Inclusive Growth. November 6-17, 2017

Mr. Mislav Brkić

“I have been to several JVI courses and they have contributed significantly to my professional progress. The courses helped me gain an in-depth understanding of the complex relations between different sectors of the economy.”

Mr. Mislav Brkić, National Bank of Croatia
IMF Course on Financial Sector Surveillance

Abdullakh Abishev

“Within the ministry I will hold seminars to share what I have learnt, and I will arrange seminars in other areas of Kazakhstan.”

Mr. Abdullakh Abishev, Ministry of Investment and Development, Kazakhstan
The course of the Austrian Federal Ministry of Finance and the International Monetary Fund on Tools and Policies for Inclusive Growth. November 6-17, 2017

Iurii Drachuk

“In my opinion, face-to-face training is most effective since it allows immediate interaction with the lecturer.”

Mr. Iurii Drachuk, Ministry of Finance, Ukraine
The course of the Austrian Federal Ministry of Finance and the International Monetary Fund on Tools and Policies for Inclusive Growth. November 6-17, 2017

Krunoslav Šimatović

“I liked meeting international peers at the EBRD training and being able to share ideas and practical experience with them. Well-structured content and experienced lecturers helped participants to interact and take away a good experience, especially noting the awareness of the evolving role of a chief financial officer as well as the leadership impact within an organization.”

Mr. Krunoslav Šimatović, Croatia
EBRD Management Training for Chief Financial Officers

Marcel Olari

“The course provides the real measures of improving the quality of fiscal management and improves my understanding of the main issues related to sound fiscal policies.”

Mr. Marcel Olari, Ministry of Finance, Moldova

The Course of the Austrian Federal Ministry of Finance, JVI, IMF and Oesterreichische Nationalbank on Sound Fiscal Institutions: The Basis for Stability, Growth and Prosperity. February, 2018 

Latest News

New Staff Member: Nensi Dragusha

September 02

Nensi joined the JVI Team as a...

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