This course is officially CPD certified
Continuing Professional Development (CPD) keeps a record of your increasing skills, knowledge and experience throughout your career, which now includes select Financial Edge certifications.
From £449 Billed annually
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skills-certificate
Project Finance
Access one of the most extensive project finance online courses available. Learn risk management, the accounting specifics and how to structure the finance behind a project. Discover how to build both a simple and advanced project finance model.
54 reviews
10.5
Hours to Complete
9
Topics
55
Practical exercises
Project Finance includes
- Project finance introduction
- How project finance is different
- Project finance mechanics
- Project finance process
- Project finance contract summary
- Project finance contracts detail
- Eurotunnel case study
- Information memorandum
- Risk taxonomy
- Risk management
- Pre-completion risks
- Post-completion risks
- Risks common to both parties
- Risk reduction summary
- Financing and insurance package
- Understanding debt capacity
- How much can the project borrow
- How much equity does the project need
- Syndicated loan financing
- How many banks in the syndicate
- Syndication strategy
- Financial crisis and the development of club deals
- Fee structures in loan syndication
- Mandated lead arranger
- What has changed in the syndication market
- Return on equity of loan
- Return on equity of two bank loans
- Other financing options
- Project finance accounting
- Cost capitalization
- Profitability to shareholders
- Calculating the IRR
- Calculating the IRR with an exit multiple
- Returns to creditors and problems with the IRR
- Model out a loan
- Model out a bond
- Dividend trap
- Subordinated loan dividend trap
- Cost terminology
- Financing the construction costs
- Sources and uses of funds
- Operational phase
- Unlevered free cash flows
- Amortization methods
- DSCR
- Average life calculation for loan repayments
- Average life
- Coverage ratios
- DSCR and LLCR
- Security
- Covenants
- Covenant breach
- Debt service coverage ratio covenant breach
- Sources and uses of funds
- PP&E
- Soft assets and income statement
- Calculations
- Initial balance sheet
- Cash flow statement
- Debt schedule
- Interest expense
- Returns to equity holders
- Uses of funds
- Sources of funds
- Other assumptions
- Revenues and variable costs
- Depletion of soft costs and PP&E
- Asset retirement obligation – asset
- Asset retirement obligation – liability
- Income statement
- Calcs – operating working capital
- Calcs – Equity
- Balance sheet
- Cash flow preparation
- Cash flow from operations
- Cash flow from investing and financing activities
- Cash flow available for debt service
- Revolving credit facility
- Syndicated loan
- Debt service reserve account
- Non-cash interest
- Wiring up the debt lines
- Interest during the construction phase
- Interest during the operational period
- Returns to equity holders
- Loan life coverage ratio
- Structuring the debt
Project Finance
| skills-certificate
Project Finance
| Skills Certificate
10
Hours
55
Practical exercises
1
Exam
Access one of the most extensive project finance online courses available. Learn risk management, the accounting specifics, how to structure the finance behind a project, and build both a simple and advanced project finance model.
Introduction to Project Finance
24 video minutes
0 excel exercises
Video minutes 24
Excel Exercises 0
Risk Management in Project Finance
16 video minutes
0 excel exercises
Video minutes 16
Excel Exercises 0
Financing the Project
45 video minutes
6 excel exercises
Video minutes 45
Excel Exercises 6
Accounting for Project Finance
20 video minutes
5 excel exercises
Video minutes 20
Excel Exercises 5
Project Finance Returns
26 video minutes
6 excel exercises
Video minutes 26
Excel Exercises 6
Structuring the Project
21 video minutes
2 excel exercises
Video minutes 21
Excel Exercises 2
Debt, Coverage Ratios and Covenants
29 video minutes
3 excel exercises
Video minutes 29
Excel Exercises 3
Building a Simple Project Finance Model
27 video minutes
9 excel exercises
Video minutes 27
Excel Exercises 9
Building a Full Project Finance Model
81 video minutes
24 excel exercises
Video minutes 81
Excel Exercises 24
Learn from our expert instructors
Learn more about our full faculty
Wall Street Recognized Certification
Established on Wall Street, Financial Edge has taught at the biggest bulge-bracket firms since 2016, and now we offer that very same training online for you. It’s no secret that banking is fiercely competitive, which is why our Wall Street recognized certification is designed to let your employers know you have the skills to succeed.
What Our Students Say
Project Finance Skills Certificate is included in your Felix Plan
Recommended
Boost
Includes full access to all certified courses.
£449
Billed annually.
Boost includes:
- 184+ hours of instructor-led learning
- Search across 350+ playlists, 3000+ videos and Q&As
- Role-focused pathways
- Expert instructor support
Pro
Full Felix access including all learning content and data features.
£699
Billed annually.
Pro includes:
- Everything in the Boost plan
- Streamlined company data
- Current and historic filings for over 7000 companies
- Market and industry data
- Ready-to-use sector and transaction models
Compare plans
| Boost | Pro | |
|---|---|---|
| Completion certificates | 37 | 37 |
| Skills certificates | 48 | 48 |
| Micro-degrees | 12 | 12 |
| Searchable library of 350+ playlists, 3000+ videos and Q&As | ||
| 10 role-based learning pathways, including Investment Banking, Equity Research, Sales and Trading and more | ||
| Expert instructor support | ||
| Practical exercises to work alongside videos and quick quizzes to test your understanding | ||
| Weekly live webinars | ||
| Streamlined company data (WACC. & EV bridge calculator, custom comparables) | ||
| Current and historic filings for over 4,000 US firms | ||
| Current and historic filings for over 7,000 firms globally | ||
| Link to, label and share data points in filings (limited to 10 for Free and Boost users, unlimited for Pro) | ||
| Regional and industry data sets | ||
| Ready-to-use sector and transaction models | ||
Frequently Asked Questions
What tech do I need?
Access your course across desktop, laptop, tablet or phone; either via our web portal or the dedicated mobile app. While we have optimized our video quality and size, we recommend a broadband connection to enable uninterrupted video playback. A PDF reader and spreadsheet application are required to open the supporting resources.
Is it right for me?
Our online courses reflect the training new analysts receive at the leading financial organizations. They're challenging, but if you want to demonstrate you are as good as the best in the industry then this is the course for you. The top investment banks will recognize our micro-degree certifications, making them perfect for graduates looking to land a job or a professional preparing for a new role.
Are Financial Edge's courses credible?
The leading investment banks, as rated by the FT, hire us to train their incoming analysts. If you are looking to join the best analysts in the world, why not challenge yourself with the same content and certification with the same Wall Street instructors ready to answer your questions.
Will this course help me get a job?
Absolutely. Develop practical skills you can use to impress at interviews, whether you’re looking to break into finance or change roles.
How long do I have to complete the courses?
Everyone works at their own pace so there's no restrictions, all you need is an active Felix plan for the course you are completing. All Felix plans renew annually.
Are there any hidden costs?
No. Everything you need is included, from instructor-led videos and Excel exercises to the exams.
What is CPD?
All of our online courses are CPD accredited. CPD stands for Continuing Professional Development and makes demonstrating your commitment to learning easy. Your institution or accrediting body may track CDP points through activities, units or hours. Check with the relevant party to find out how you should be monitoring your progress.
What support will I get along the way?
Our expert instructors are standing by to answer questions and help you develop a detailed understanding of finance complexities. Our technical support team are also ready to help with any system problems.
