The USB Master in Development Finance ("MDevF") has an interesting suite of electives.  Infrastructure Finance is the elective that Richard Tinsley also delivers (besides the Project Finance core).

MASTERS IN DEVELOPMENT FINANCE

Elective: Infrastructure Finance

Lecturer:  Richard Tinsley

ABOUT THE COURSE:

The importance of infrastructure as a precursor to national and social development is highlighted in this elective.  First, the contribution of infrastructure to development will be put into context before examining the individual infrastructure sectors in more detail.  Then the impact of infrastructure on the rural and poor will be reviewed.

Government and regulatory issues will next become the focus with particular attention paid to the impact of policy on the financability of infrastructure.  The key aspects of concession design, award, and implementation/governance will be covered as will the many considerations for infrastructure privatization programmes. 

Financial analysis techniques extend not just to the sponsor/developer and financiers, but also to see what is the development impact on the financial condition of the government and society.  A separate course module will centre on sustainability aspects for infrastructure development financings.

All potential funders and funding techniques will be laid out as will the tactics for structuring and approaching each.

Besides pre-course reading and presentation, the course format includes pre-assigned questions and topics for discussion.  Case studies and examples are integrated with the course materials at every stage.  The many facets of infrastructure finance are woven into a highly interactive course environment.

Mark:    Your grade will be weighted as follows:  Classroom/Coursework (10%), Essay (25%), Case Study (25%), Final Exam (40%).

The course notes and Pre-course CD will contain the necessary background and reading.  One comprehensive documents will also serve as core reading for this course:

Kerf M et al, “Concessions for Infrastructure.  A Guide to Their Design and Award,” World Bank Technical Paper No. 399, March 1998. (called “Kerf” below)

 Note: Case profiles and emphases will necessarily change over time to highlight developing trends and best practices.

©  IAF 2009     email: iaf(AT)iaf.biz