3 ECTS credits
75 h study time

Offer 1 with catalog number 8016707GNR for all students in the 2nd semester at a (G) Postgraduate - preliminary level.

Semester
2nd semester
Enrollment based on exam contract
Impossible
Grading method
Grading (scale from 0 to 20)
Can retake in second session
Yes
Taught in
English
Faculty
Faculty of Social Sciences & SolvayBusinessSchool
Department
ES Academische eenheid
Educational team
Decaan ES (course titular)
Activities and contact hours
30 contact hours Lecture
30 contact hours Independent or External Form of Study
Course Content

The course starts with explaining the origin and definition of international project appraisal as well as its rationale for making investment decisions,  The students will obtain a pragmatic understanding of the financial tools allowing first to evaluate the financial profitability of different solutions and  allowing to decide on the most profitable solution adding most value to the shareholders.

Content overview:

  • Introduction to financial management and shareholders value
  • Time value of money
  • Cash flow as a major value driver
  • Investment decision tools (NPV, IRR, PI…)
  • Conflict of ranking , projects with unequal lives, multiple IRR.
  • Cost of Capitel
  • Impact Risk on Project Appraisal and potential to share risk through Public Private Partnership.
  • Financial modelling
  • Viability versus bankability
  • Corporate finance versus project finance
Additional info

Professional literature articles.

Learning Outcomes

Algemene competenties

The students will understand and apply the Discounted Cash Flow methodology allowing to define the financial feasibility of a project.

Grading

The final grade is composed based on the following categories:
Other Exam determines 100% of the final mark.

Within the Other Exam category, the following assignments need to be completed:

  • Group Paper with a relative weight of 1 which comprises 100% of the final mark.

    Note: A group paper to be prepared and orally discussed

Additional info regarding evaluation

.

Allowed unsatisfactory mark
The supplementary Teaching and Examination Regulations of your faculty stipulate whether an allowed unsatisfactory mark for this programme unit is permitted.

Academic context

This offer is part of the following study plans:
Postgraduate Certificate International Trade and Investment: Standaard traject
Postgraduate Certificate Flagship Programme in Economic Diplomacy and International Business: Standaard traject