• 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 49,000 course participants have been trained at the JVI.
    Since its establishment over 49,000 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 Robert Holzmann. 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 Robert Holzmann. Thanks to Austria and the IMF’s committed support, the JVI has been able to build capacity and foster effective cooperation across the region.

Upcoming 2022 Courses Deadlines

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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Alumni Interviews

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

Veronica Chicu

The monetary policy course, presented virtually due to the Covid-19 pandemic, was delivered at the same quality as the pre-pandemic period courses. We have actively participated in lectures and workshops throughout the course. The course has helped me to improve my understanding of monetary policy frameworks and transfer mechanisms under various monetary regimes, and the role of monetary policy in providing macroeconomic stability.

Mr. Mehmet Ali KOSE, Ministry of Treasury and Finance of Turkey
Virtual Course on Monetary Policy, June 22 – July 03, 2020  

Veronica Chicu

The JVI virtual training on Structural Reforms exceeded all my expectations. The hands-on sessions were also extremely helpful, in terms of both scope and style of presentation. I am very glad that I used this unique opportunity to replenish my knowledge in step with the spirit of the times. Thank you for your huge contribution to the accumulation of knowledge.” 

Greta Adamyan, Ministry of Finance of Armenia, Virtual Course on Structural Reforms, August 24 – September 04, 2020

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

This course provides a strong theoretical background as well as practical framework to identify macroeconomic imbalances and adjust policy measures accordingly to eliminate those vulnerabilities. It also gives an in-depth coverage of the linkages between the main macroeconomic sectors, and enhances understanding of the monetary and fiscal policy combined implications in the medium term. Moreover, the Covid-related case study is particularly relevant nowadays. Thank you to the IMF and JVI for the opportunity to participate in this virtual course!

Diana Balioz, National Bank of Ukraine

Virtual Course on Financial Programming and Policies (October 18-29, 2021)

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

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

Fostering growth and handling tumultuous periods are the primary obligations of an economist. "Competitiveness" is the umbrella of concepts, tools, and policies that can serve to catalyze growth and buffer crisis. Integrating the environmental and social aspects of life into the discussions about competitiveness and disrupting the traditional economic models related to it was what I liked the most from the "Competitiveness, Growth and Crisis" course. Amid the COVID-19 crisis, the insights conveyed were distinctly beneficial. 

Olsi Pajo - Bank of Albania

Austrian Authorities Virtual Course on Competitiveness, Growth and Crisis, March 01 - 12, 2021

We definitely recommend this seminar - these were the words of my colleagues who participated in the virtual course on Bank Restructuring and Resolution last year. I applied for this year’s seminar and had the privilege to be a part of it. This course had everything I expected – nice balance of lectures and exercises; regulatory and practical aspects of effective resolution regime; various aspects of problem bank supervision and resolution along with crisis management challenges. 

I found my participation in this virtual course valuable as I am directly involved in the ongoing central bank activities for further strengthening of the financial sector safety net and enhancements of the existing bank resolution framework. I warmly thank the hosts for the excellent organization of this online training and the speakers for the clearly delivered and up-to-date presentations. Milica Arnaudova Stojanovska, National bank of the Republic of North Macedonia, Virtual Course on Bank Restructuring and Resolution.

Milica Arnaudova Stojanovska 

National Bank of North Macedonia

Virtual Course on Bank Restructuring and Resolution (May 10-14, 2021)

Veronica Chicu

JVI virtual training on "Public Financial Management and Administrative Reforms" was very interesting and helpful. It provided me an opportunity to get acquainted with the PFAR measures in Austria. I really enjoyed all the topics and obtained a lot of practical knowledge. I appreciate all the effort put into the programme and would like to express my sincere gratitude to all organizers of JVI course and the lecturers for the great experience. 

Tatevik Manushakyan, Ministry of Finance of the Republic of Armenia

The virtual online PFAR course, November 23-27, 2020

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Latest COVID-19 News

In light of the ongoing COVID-19 global health emergency, the JVI has now suspended its face-to-face training operations until further notice. Many of the former course offerings are now being delivered as virtual training events, for which we would encourage you to apply. In addition, the JVI is offering a series of webinars.

For the most up-to-date information please check our 2022 course schedules.

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

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