About this course

This economics and finance course is an introductory survey of risk management concepts and techniques. Learners will review the role of risk regulation in financial markets, and learn how to identify and describe the various types of financial risk and their sources.

Upon completion of this course, participants will receive a certificate bearing the New York Institute of Finance (NYIF) name. A NYIF certificate is a valuable addition to your credentials, proving that you have acquired the work-ready skills that employer’s value.

For those who wish to go further, students can enroll in the other four modules to earn the complete Risk Management Professional Certificate, backed by the New York Institute of Finance’s 93-year history. As a final option, students may also opt to sit for the NYIF Certificate of Mastery Exam, resulting in the Risk Management Certificate of Mastery upon successful completion.

What you’ll learn

• Differentiate between financial risks and business risks.
• Identify and describe the various types of financial risk and their sources.
• Identity the real-world violations of the ‘standard model’ assumptions that make risk management value enhancing to the firm.
• Differentiate between risk measurement and risk management.
• Describe systemic risk as a negative externality.
• Describe the US regulatory structure.

Prerequisites

• Basic MS Excel skills
• Basic probability and statistics

About this course

About this course

The Alaska Oil Pipeline is one example of a massive public private partnership. Learn how project finance principles and concepts are used in this deal and others, as well as how the legal and operating environment and customer segments impact these partnerships.

In addition to the Alaska Oil Pipeline, we’ll review other major PPPs including Eurotunnel, San Roque Hydroelectric Dam, Euro Disneyland, Albania Cell Phone, and Emirates Aluminum. You’ll also learn about the lender checklist and go over a case study in the United States before wrapping up this course.

This course is part of the New York Institute of Finance’s popular Project Finance and the Public Private Partnerships Professional Certificate program.

What you’ll learn

• Recognize the different ways to classify projects by deal structure and customer type.
• Recognize the distinct legal and operating environments that determine project structures in different countries.
• Identify the key operational and contractual risks that affect a project’s financial feasibility.
• Recognize the safeguards that go into a Lender’s checklist for the financing of a project.

Prerequisites

Knowledge of corporate finance and basic credit analysis.

Program Overview

Taught by instructors with decades of experience on Wall Street, this Professional Certificate program develops the skills you need to handle the transactions, financing and policy of public-private partnerships (PPPs). Through case studies you will understand the balance between private investors’ need for profit and governments’ need for transparency in gaining new private funding for key public projects.

This knowledge is essential for investors, commercial and investment bankers, lawyers, accountants, and regulators.

You will learn about the accounting and economic drivers that motivate the use of Project Finance and understand key participants at critical points in a project timeline. We will explore management of risks including construction, supplier, market demand, market price, credit and political/country. You’ll also examine greenfield, privatization, and Public Private Partnership projects in the power generation, natural resource, extraction, and public infrastructure sectors.

This program will also look at several term sheets for actual projects that detail the use of different ownership and debt structures and also examples of the documentation that is required to secure project financing. In the final course of this program we will consider the case of an actual Emerging Market Greenfield project that our instructor – Jeff Hooke – participated in during his investment-banking career.

NOTE: Completing all 6 courses and then taking the Professional Certificate Examination is MANDATORY to achieve both the NYIF Certificate of Mastery and the edX Professional Certificate in Project Finance and Public Private Partnerships. A verified learner must pass all courses in the program with a minimum grade of 70% to earn a Professional Certificate for Project Finance and the Public Private Partnership.

What you will learn

• Understand project finance and the public-private partnerships (PPPs) that are closely allied to project finance
• Recognize different ways to classify projects by deal structure and customer type and review various examples of deals
• Understand the project finance process and how to select the best deals for investment
• Recognize the additional contracts and documents that need to be created for a project; and learn about Rating Agencies and the Loan Syndication Process
• Recognize the key political and currency risks in project financehttps://youtu.be/j1o4lKhg8Ao