Academic Catalog

BA4849 PROJECT FINANCE

Course Code: 3124849
METU Credit (Theoretical-Laboratory hours/week): 3(3-0)
ECTS Credit: 6.0
Department: Business Administration
Language of Instruction: English
Level of Study: Undergraduate
Course Coordinator:
Offered Semester: Fall and Spring Semesters.
Prerequisite: Set 1: 3122802
Set 2: 3110311
Set 3: 3110312
Set 4: 3160381
Set 5: 3122803
Set 6: 3125802
Set 7: 9700521
One of the sets above should be completed before taking BA4849 PROJECT FINANCE .

Course Content

This course provides a firm foundation on project finance, which is a product of financial engineering to raise long-term financing for large capital intensive projects. This recently and rapidly developed technique has become common throughout the world during the last couple of decades in the face of enormous infrastructure needs of both developed and developing countries. Project finance has the potential of offering distinct advantages over corporate finance in certain cases especially for large and risky projects, and this potential makes it particularly interesting. However, it has also its own complexities, which need to be managed properly in each stage of a deal if this potential is to be realized.Therefore,the objectives of this course are to:
introduce project finance as a technique to raise long-term debt for capital intensive projects on a limited or nore-course basis,
provide a cleary defined framework for designing,appraising and structuring project finance deals,
provide tools to identify and manage risks in project finance transactions,
present financial modeling techniques to bring together all the elements of the course to make informed decisions in project financing.