Policy Management (EPM) Program
The Masters in Economic Policy Management program was
established as a professional program for economic policy
advisors in developing countries and emerging market economies,
funded by The World Bank, the African Capacity Building Fund (ACBF),
and the Canadian International Development Agency (CIDA).
The African Capacity Building Program and the World Bank
initiated the EPM project in 1992. The new graduate program,
leading to a Masters degree in Economic Policy Management was
developed in response to the lack of qualified economic policy
analysts and managers in sub-Saharan Africa. EPM was set apart
from standard economics programs, because it emphasized policy
application through student interaction and internships, which
made it ideal for practitioners.
The long term objective of the project was to increase the
capabilities of African universities in providing Economic
Policy Management programs at a Masters level. In the short
term, the goal was to train a significant amount of economic
policy analysts and development managers to satisfy the
immediate need. The project also set out to reduce the gender
inequality in the profession of economics in Africa.
Makerere University is one of only four universities in Africa
that offer this type of program. The 60-credit program has four
1. An economic core, consisting of macroeconomics and
2. A management core to enhance the advisorís effectiveness
within and across organizations.
3. A language core in both French and English, to facilitate the
exchange of policies across regions and countries and computer
4. A six-month internship for students to be able to apply their
EPM skills in an organization outside their home country.
1. August 1998, the 1st cohort consisting of 27 practitioners
began at Makerere University, with half coming from outside
1. To date, 285 students from 12 countries have participated in
the eight cohorts from the Makerere EPM program, and over ninety
percent have graduated and have been awarded with a MA in
Economic Policy Management. Of these participants, 29% are
3. Participants in the program have done their internships at a
wide range of organizations, including the UN, the World Bank
Group, universities, financial intermediaries, central banks,
development NGOs and consulting firms.
4. The internships are also geographically diverse being located
in Africa, Canada, the United States, Europe, Asia and the
Middle East, and the Caribbean.