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Certificate In Project Finance

Certificate in Project Finance (CPF) is an advanced, instructor-led program designed to develop a better understanding of the various concepts/principles related to early stage planning, financial structuring and risk assessment under project finance.

This program will equip you to develop core competencies in technical, financial & economic market appraisal, securities, term loans, external commercial borrowing, risk assessment & mitigation, venture capital, lease finance and working capital finance.

Key Learning Outcomes:

Learn key techniques of Project Finance
Use qualitative and quantitative tools and measures to distinguish the key risks
Interpret each of the risks to determine their severity and potential impact on the transaction structure
Appreciate how the mechanisms in the transaction documents operate to protect the creditors and evaluate the protection provided
Build a credit rationale in order to make and substantiate investment decisions

Topics Covered:

Introduction to Project Finance
Market Analysis
Business Model Analysis (Promoter, Technical, Financial & Economic)
Jurisdiction, Legal and Expert Reports
Assessing the Risks (Macro risks, Completion risk, Operational risk)
Risk Mitigation
Project Investment Criteria
Debt Service, Capital Structure and Counterparty Risk
Debt Structure – Documentation
Financing Capital Structure (Choice of Securities, External Commercial Borrowing, Venture Capital, Lease Finance, Working Capital Finance)
Taxation & Incentives

Reference Book

The Suggested/Recommended reference books are available on leading bookstores and online portals. Students can buy the recommended reference book directly from the market for the said course.

Modern Project Finance – A Casebook- By Benjamin Esty
Project Financing: 7th edition by Peter K Navazzi and Frank J Fabozzi
Principles of Project Finance, By E.R. Yescombe

Eligibility

A graduate from any stream (Undergraduate Students can register for exams but would be awarded the final certificate after graduation.)

Exam Details

Equalifi is offering the CPF examination on an external, remote-proctored platform. Candidates can schedule an exam by paying the exam fee. Once the exam fee payment is done and exam registration is confirmed, the exam platform sends out the exam link by email to the candidates. Candidates can appear for the exam anytime any day within the next 1 year through this exam link from any place. Candidates need a good internet connection and a functional camera on their PC/ Laptop to appear for this exam.

EXAM STRUCTURE

Sr. No.	Name of Module	Type of Questions	Test Duration	No. of Questions	Maximum Marks	Pass Marks (%)	Negative Marking
1	Certificate in Project Finance (CPF)	MCQ	2 Hrs	100	100	50	20%

Candidate Audit:

Equalifi will randomly audit a percentage of applications on a regular basis. Candidates will be responsible for providing the requested supporting documentation to verify their education and professional background as mentioned in the registration form. Equalifi’s practice is not to contact employers or educational institutions to obtain verification documentation on the candidate’s behalf. Failure to comply with the audit, falsification or misrepresentation of requested information and/or any unprofessional conduct will result in denial/cancellation of the exam registration and/or revocation of the program certificate. Candidates subject to audit will be notified by e-mail and will have 10 business days to respond. Once selected for audit, candidates will be required to satisfy the audit requirements before being able to receive the final certificate. Failure to comply with the audit will result in forfeiting all fees. Additionally, a candidate who does not comply with the audit will be subject to audit if reapplying for a future testing window.

Fee Details:

Exam Fee: INR 3,540

*Fee mentioned is inclusive of GST. Exam fee is applicable for each attempt.

Exam Preparatory Material

You can access the course tutorial recordings and study material on the Equalifi Membership Portal. Set up your free Equalifi Virtual Membership account here

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