Project Finance and Legal Environment
| Structure Type: | Study unit |
|---|---|
| Code: | IPM1002 |
| Curriculum: | IBM 2023 |
| Level: | Master of Business Administration |
| Year of Study: | 1 (2023-2024) |
| Semester: | Autumn |
| Credits: | 5 cr |
| Responsible Teacher: | Agbejule, Adebayo |
| Language of Instruction: | English |
Courses During the Academic Year 2023-2024
| Impl. | Group(s) | Study Time | Teacher(s) | Language | Enrolment |
|---|---|---|---|---|---|
| 3006 | IBM2023-1Y, IPM2023-1, TPM2023-1 | 2023-10-23 – 2023-12-17 | Adebayo Agbejule | English | 2023-08-01 – 2023-09-06 |
Still need to take the course? See the courses during the academic year 2024-2025.
Learning Outcomes
Project Finance provides a framework and methodology to look at project financing as a viable financing option from both the debt and equity perspective. The course is designed to introduce the students to the role of project financing and evaluate project risk analysis, risk mitigation strategies, financing options, and legal/regulatory/industry frameworks. The course will introduce students to cash-flow modeling concepts and sensitivity analysis for project finance and to interpret these analyses in project selection.
Student's Workload
Total work load of the student 135 h, of which
- scheduled studies 25 h
- autonomous studies 110 h
The assessment of student’s own learning 1 h is included in contact lessons.
Prerequisites / Recommended Optional Courses
Basics of Project Management or equivalent knowledge
Contents
Project structure and parties, project risks, proposed debt structure and term sheet, project debt service capability using cash flow forecasts
Recommended or Required Reading and Other Learning Resources/Tools
Yescombe, E.R (2014), Principles of Project Finance, 2nd Edition
Other material given by lecturer
Mode of Delivery / Planned Learning Activities and Teaching Methods
Lectures, group work, project work and exercises
Assessment Criteria
5: The student is able to utilize the methods learnt during the study unit independently and is able apply the learnt knowledge in new contexts.
3: The student is able to utilize the methods learnt during the study unit independently.
1: The student is able, with guidance, to utilize the methods learnt during the study unit.
Assessment Methods
Evaluation will be 40% from exam, 20% from case participation and 40% from presentation of project work.