Apply now
Postgraduate DiplomaEnergy and Networks Applications open

Postgraduate Diploma in Project Finance and Financial Modelling

Online 800-hour Postgraduate Diploma in Project Finance and Financial Modelling. 8 modules covering the Equator Principles (EP4), IFC Performance Standards on sustainability and advanced Excel (VBA). Dedicated tutor and enrolment open.

Duration800 h
ModeOnline
LanguageEnglish
Start datesSet by the faculty
AwardSEIUM Institute diploma
Enrol now View syllabus Ask an advisor
Virtual lab · try it before you enrol

Take the controls.

Run a real engineering trade-off from this field. Move the sliders, watch the model react in real time and beat the challenge.

SIM · LIVE ●
Learning outcomes

What you will be able to do

01

Explain the structure and participants of a project finance deal.

02

Analyse the key project contracts and their risk allocation.

03

Build a financial model following good practice.

04

Size and structure debt according to coverage ratios.

05

Calculate project and equity returns.

06

Carry out sensitivity analysis and risk scenarios.

07

Describe the financial close process and subsequent management.

Profile

Who it's for

  • Project finance analyst looking to specialise in Project Finance and Financial Modelling.
  • Financial modeller looking to specialise in Project Finance and Financial Modelling.
  • Energy project financing manager looking to specialise in Project Finance and Financial Modelling.
  • Infrastructure investment analyst looking to specialise in Project Finance and Financial Modelling.
  • Structured debt adviser looking to specialise in Project Finance and Financial Modelling.
  • Project controller looking to specialise in Project Finance and Financial Modelling.
  • Graduates in engineering or science seeking to enter project banking.
Standards & tools

What you'll work with

  • Equator Principles (EP4)
  • IFC Performance Standards on sustainability
  • IFRS 9 (financial instruments)
  • IFRS 16 (leases)
  • Regulation (EU) 2020/852 (taxonomy of sustainable activities)
  • FAST Standard (good practice in financial modelling)
Syllabus

8 modules · 800 h

  1. 1.1Definition and characteristics of project finance
  2. 1.2Special purpose vehicle (SPV)
  3. 1.3Non-recourse and limited-recourse financing
  4. 1.4Participants: sponsors, lenders and advisers
  5. 1.5Typical sectors: energy and infrastructure
  6. 1.6Financing life cycle
  7. 1.7Comparison with corporate financing
  8. 1.8Equator Principles
  9. 1.9Current renewables financing market
  10. 1.10Case study: structure of a solar park
  1. 2.1EPC turnkey contract
  2. 2.2Operation and maintenance contract
  3. 2.3Energy sales contracts and PPAs
  4. 2.4Equipment supply contracts
  5. 2.5Shareholders' agreement
  6. 2.6Grid connection agreement
  7. 2.7Land rights
  8. 2.8Interfaces and risk matrix
  9. 2.9Legal due diligence
  10. 2.10Workshop: risk allocation matrix
  1. 3.1FAST good practice in financial modelling
  2. 3.2Sheet structure and flows
  3. 3.3Assumptions and hypotheses
  4. 3.4Timeline and construction and operating periods
  5. 3.5Revenue and P50 and P90 production
  6. 3.6Operating costs and degradation
  7. 3.7Investment and capitalisation
  8. 3.8Taxation and depreciation
  9. 3.9Working capital
  10. 3.10Practice: structuring a model in Excel
  1. 4.1Debt sizing by DSCR
  2. 4.2Amortisation profiles: sculpting
  3. 4.3Construction and long-term tranches
  4. 4.4Interest rate hedging
  5. 4.5Debt service reserve accounts (DSRA)
  6. 4.6Cash flow waterfall
  7. 4.7Covenants and LLCR and PLCR ratios
  8. 4.8Refinancing
  9. 4.9Mezzanine debt and project bonds
  10. 4.10Laboratory: debt sculpting with a target DSCR
  1. 5.1Project and equity cash flows
  2. 5.2Project and equity IRR
  3. 5.3Cost of capital and WACC
  4. 5.4Valuation by discounted cash flows
  5. 5.5LCOE and its calculation
  6. 5.6Returns for different investors
  7. 5.7Impact of leverage
  8. 5.8Residual value and repowering
  9. 5.9Comparison of alternatives
  10. 5.10Case study: valuation of a wind farm
  1. 6.1Construction risk
  2. 6.2Resource and production risk
  3. 6.3Price and market risk
  4. 6.4Regulatory and cannibalisation risk
  5. 6.5Counterparty risk
  6. 6.6Sensitivity analysis and scenarios
  7. 6.7Base, bank and downside cases
  8. 6.8Break-even analysis
  9. 6.9Monte Carlo simulation
  10. 6.10Workshop: sensitivity tornado
  1. 7.1Term sheet and negotiation
  2. 7.2Technical and market due diligence
  3. 7.3Model audit
  4. 7.4Conditions precedent
  5. 7.5Financial close and drawdowns
  6. 7.6Monitoring during operation
  7. 7.7Reporting to lenders
  8. 7.8Waivers and renegotiation
  9. 7.9Asset sales and M&A
  10. 7.10Case study: preparing a data room
  1. 8.1Selection of the energy project
  2. 8.2Technical and market assumptions
  3. 8.3Building the model
  4. 8.4Structuring the debt
  5. 8.5Return analysis
  6. 8.6Risk and sensitivity analysis
  7. 8.7Report for investors
  8. 8.8Cross-audit of the model
  9. 8.9Write-up and presentation
  10. 8.10Final review with the tutor
Methodology, software & labs

How you'll learn

Fully 100% online training on the SEIUM campus, with downloadable material, recorded classes and a dedicated technical tutor. There are no fixed timetables: students progress at their own pace within the intake, which makes it possible to combine study with work.

Each module combines theory, guided reading of the original standard and applied exercises. The working software is Advanced Excel (VBA), @RISK, Macabacus, Python (numpy-financial), in free, academic or evaluation versions. The case studies are worked through using real procedures for building project financial models, debt sizing by DSCR ratio, and sensitivity and scenario analysis. Assessment is continuous across each module, plus a final integrative project.

Accredited laboratories(EN ISO/IEC 17025) with a rotor test rig, EMC/Lightning pre-compliance, HIL/SIL, vibration/acoustics.
Evidence-driven Master's Thesis:safety case, test plan, compliance dossier and operating limits.
Industry mentoring:lecturers with a track record in training, , eVTOL/UAM and flight test.
Flexible format(hybrid/online), international cohorts and support from SEIUM Career Services.
Ethics and safety:a safety-by-design approach, cyber-OT, DIH and compliance as its pillars.
Capstone project

Build it end to end

Your final project follows the real engineering workflow, step by step, reviewed by your tutor.

Selection of the energy project

Explain the structure and participants of a project finance deal.

Technical and market assumptions

Analyse the key project contracts and their risk allocation.

Building the model

Build a financial model following good practice.

Structuring the debt

Size and structure debt according to coverage ratios.

Return analysis

Calculate project and equity returns.

Career opportunities

Where this takes you

Project finance analystFinancial modellerEnergy project financing managerInfrastructure investment analystStructured debt adviserProject controller
Admissions & scholarships

Requirements

  • Prior technical training or professional experience in the sector. No university degree is required.
  • Internet connection and a computer capable of running the programme's software.
  • Sufficient level of Spanish to follow technical regulatory texts.

Ready to start?

Send your application today. Our admissions team replies within 72 hours with your study plan and funding options.

Apply now Scholarships
FAQ

Frequently asked questions

The programme consists of 800 hours in total, spread over 6 to 8 months. That is between 10 and 15 hours per week on average, compatible with full-time work.

The programme uses Advanced Excel (VBA), @RISK, Macabacus, Python (numpy-financial). Free, academic or evaluation versions are used, and the tutor indicates the free alternative where one exists.

A SEIUM diploma upon passing the continuous assessment and the final integrative project. It is in-house training, not an official qualification from the Ministry.

Yes. Modules passed in a course or postgraduate diploma in the same area are credited towards the higher-level programme. Check the credit transfer policy when you enrol.

Keep exploring

Related programmes

See all in Energy and Networks
Postgraduate Diploma1,000 $

Postgraduate Diploma in HVDC VSC/LCC Control and Protection

Online 800 h Postgraduate Diploma in HVDC VSC/LCC Control and Protection. 8 modules covering Regulation (EU) 2016/1447 (HVDC network code), IEC 60633 (HVDC vocabulary) and PSCAD/EMTDC.…

800 hOnlineEnergy and Networks
Postgraduate Diploma1,000 $

Postgraduate Diploma in EMS, Contracts and Revenue Stacking

Online 800-hour Postgraduate Diploma in EMS, Contracts and Revenue Stacking. 8 modules covering Regulation (EU) 2017/2195 (electricity balancing), Directive (EU) 2019/944 (internal electricity market) and Python…

800 hOnlineEnergy and Networks
Postgraduate Diploma1,220 $

Postgraduate Diploma in Reclosing, FDIR and Auto-sectionalising

Online Postgraduate Diploma of 800 h in reclosing, FDIR and auto-sectionalising. 8 modules covering IEEE C37.104 (automatic reclosing on distribution and transmission lines), IEC 62271-111 (automatic…

800 hOnlineEnergy and Networks
Postgraduate Diploma in Project Finance and Financial ModellingEnrol
Related programmes

More in Energy and Networks

Postgraduate Diploma in Secure Architectures and OT SOCView programme →Postgraduate Diploma in Portfolio Optimisation and ComplianceView programme →Postgraduate Diploma in PPAs, Auctions and Regulatory Risk ManagementView programme →Postgraduate Diploma in Building Envelope and Thermal BridgesView programme →Postgraduate Diploma in Refrigeration and Efficiency (PUE/DCiE)View programme →Postgraduate Diploma in Local Markets and Island Business ModelsView programme →

All Energy and Networks programmes → · How to apply · Fees & financing · Scholarships

Scroll to Top
SEIUM – Institute of Advanced Engineering
Powered by  GDPR Cookie Compliance
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.