Goals
The goals of the program are to develop the operational skills of participants so that they are able to:
- Plan and assess all aspects of investment projects
- Add value through the redesign of projects
- Prepare project financing agreements
- Design strategies to address stakeholder concerns
Course Outline
The curriculum covers modern techniques for conducting financial, risk, economic, and stakeholder evaluations of investments. Topics include:
Financial Modeling
- Project environment
- Stages in development of feasibility studies
- Development of project cash flows
- Different perspectives and project sustainability
- Projection of real prices through time
- Insuring consistency among nominal prices, exchange rates, and interest rates
- Evaluation of debt service capacity
- Uses and limitations of different investment criteria
- Scale and timing decisions
- Privatization and regulation issues
Risk Analysis and Project Financing
- Assessing sources and nature of project variability
- Risk assessment techniques
- Monte Carlo Simulation using Crystal Ball
- Parameterization of risk variables
- Project financing
- Public-Private Partnerships
- Risk management
- Management of Contingent Liabilities
- Evaluation of contracts and Project Viability
Economic Analysis
- Economic valuation of marketed and non-marketed goods and services
- Economic opportunity cost of capital
- Economic cost of foreign exchange
- Economic cost of human resources
- Cost effectiveness analysis
Environmental Analysis
- Economic valuation of environmental impacts
- Integration of environmental analysis with project appraisal
Stakeholder Impact Assessment
- Identification of stakeholders
- Measurement of projects´ impact on each group of stakeholders
- Social analysis of projects: basic needs analysis
Participants
This program has been created for people who design,
select, or finance projects and for those who are interested
in the financial, economic and stakeholder impacts of
investments. The acquired operational skills have proven
to be effective for the career development of individuals
in a wide range of organizations, including:
- Public and private enterprises
- Banks and financial institutions
- Government ministries and regulatory agencies
- International development agencies
- Management, engineering and business consulting firms
In the past, participants of this program have included: CEOs of utilities and infrastructure firms, directors of government ministries, and professionals from international financial organizations such as the World Bank, the European Bank for Reconstruction, the Inter-American Development Bank, the African Development Bank, the Caribbean Development Bank, the Asian Development Bank, and the International Finance Corporation.
Our website maintains a record of our distinguished alumni and testimonies from our past participants on the relevance of this program to their work and career development: Click here.
Study Method
The program stresses the application of analytical tools to the solution of practical problems. It offers an intensive and balanced combination of core lectures, focused discussion groups, case studies and computer based exercises.
A full range of analytical techniques are used for quantitative and strategic analyses of the case studies, which are a central part of the program. Lecturers and seminar leaders are complemented by a team of experienced international teaching staff who provide individual guidance with course materials and case studies.
Queen's University
The program takes place on the historic campus of Queen´s University in Kingston, Ontario, Canada. Queen´s was established by Royal Charter in 1841, and is one of Canada´s most distinguished universities. Queen´s University´s modern executive education facilities ensure a comfortable and efficient setting for an effective learning experience.
Historic Kingston, Ontario
Kingston is located on Lake Ontario, mid-way between Toronto and Montreal, and close to Ottawa, the national capital. Kingston was established in 1669 and was the first capital of Canada. The city has a rich architectural heritage and spectacular waterfront location. It has become one of Canada´s premier tourist destinations. Situated on the lakefront, the Queen´s campus is within walking distance from the city center with its excellent restaurants and other urban amenities.
For recreation, sightseeing trips are provided for the participants to visit Niagara Falls and Canada´s capital, Ottawa. A cruise will be taken around the famous 1000 Islands region of Lake Ontario.
Costs and Funding
The cost for this 4-week program is US$ 11,200. This fee includes tuition, housing, health insurance, course materials, computer facilities, software, and all social events, but does not include airfare and other meal costs.
Sponsorship is normally provided by the participant’s employer or by other funding organizations. Candidates should approach their current employer or other funding organizations in advance in order to obtain financial support.
Admissions Policy
The program is open to persons holding a university degree in economics, finance, management, accounting, banking, engineering, or related disciplines. In addition, prior work experience is taken into consideration.
How to Apply
Applications may be submitted electronically, by fax, or by mail. Use of the attached application form is not required, as long as all relevant information is provided.
To ensure smooth communication, please provide a postal address and a street address, for both home and office (where different), office and home phone and fax numbers wherever possible, and an email address, if available.
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