Certificate in Project Finance Modelling (CPFM)
This is the complete course in advanced Project Finance modelling.
Project Finance modelling is not just about model build skills. You also need a well-developed analytical mindset. Learn how to build a complete Project Finance model step by step.
In-depth video tutorials | Free bonus material | Live support sessions | Downloadable models |
Accredited for 35 CPD hours | Optional assessment to challenge your skills
THE COMPREHENSIVE PROJECT FINANCE
TRAINING COURSE
Learn real-world Project Finance techniques and put your skills to the test.
Course Overview
What’s included
The CPFM course is the complete course in Project Finance Modelling Training. Available on your terms.
A subscription to the course includes:
✓ Complete training in all aspects of Project Finance Modelling
✓ Access to all course updates while you are a member
✓ Weekly live online support sessions
✓ Downloadable models and worked example files
✓ Regular live online sessions taught by our instructors
✓ CPD accreditation (35 hours)
✓ Access to the rest of the PFI community
❌ CPFM Exam (Available as part of the Premium platform membership or as a stand alone product ($650))
APP BASED LEARNING COMMUNITY
All our courses can be accessed via a web browser or in our custom-made app, available for iOS and Android.
CPFM Accreditation
CPFM Professional Modelling Assessment
Be recognised for your skills.
Take the Certificate In Project Finance Modelling Professional Skills Assessment.
The training you receive as part of your subscription will prepare you for taking the CPFM Professional Modelling Skills Assessment.
The assessment costs USD $650, or is available as part of our Premium membership.
Students wishing to take the CPFA programme after having completed the CPFM Professional Modelling Skills Assessment will have the fee of USD $650 deducted from the cost of the CPFA programme.
Program Outline
Our course material is delivered in a mixture of video, written, and example file format for full clarity in all areas of advanced Project Finance modelling.
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Stages of a Project Finance deal
Model set up & timelines
Sources and Uses of cash
Construction costs
Construction financing
Financial statements
Debt sculpting & sizing
Equity returns
Pre-funding working capital
Model optimisation
Assignment: Impact of development fee on tariff
Assignment: Analysis
Shareholder loans
Debt service reserve account
CPFM Practice Case Study 1
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How to use Excel's probability distribution functions to obtain P-values
DSCR - base case, distribution lock up & default
Average DSCR
Loan Life Cover Ratio (LLCR)
Project Life Cover Ratio (PLCR)
Average cost of debt
Weighted Average Loan Life
Debt capacity
Equity bridge loan
Multiple tranches of debt
Limitations of IRR
Mini-perm debt - Introduction
Mini-perm debt - worked example
Mini-perm debt - Renewables example
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How to price an interest rate swap
Calculating withholding tax
Construction period balance sheet
Modelling VAT - Introduction
Modelling VAT - Part 1: Operating period VAT
Modelling VAT - Part 2: Construction Period VAT
Modelling VAT - Part 3: VAT facility
Equity payback
Tariff indexation - Introduction
Tariff indexation - worked example 1 100% indexation
Tariff indexation - worked example 2 partial indexation
Balloon repayment - intro
Balloon repayment - Part 1 - calculating level DS given a specific balloon size
Balloon repayment - Part 2 - calculating balloon size given a specific level DS
Balloon repayment - Part 3 - sculpted debt repayment with a balloon
Early generation revenue
Course Paticipants
Who is this programme for?
Project Finance Analysts
1
PPP professionals
2
Infrastructure professionals
3
Credit Analysts
4
5
Financial Modellers
6
7
Private Equity professionals
Investment Bankers
FP&A professionals
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WHAT YOU’LL LEARN
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Financial modelling is both a theoretical and a practical skill set. The Certificate in Project Finance Modelling programme develops both areas of competence. In order to help you master the skills of Project Finance Modelling you’ll receive:
Detailed expert tuition and example models.
Regular live Q&A sessions with instructors.
Modelling assignments throughout the course to test progress.
Final model audit with detailed personalised feedback.*
*Optional final model audit. Requires additional payment for the CPFM Professional Modelling Skills Assessment.
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Project Finance modelling is not just about model build skills. You also need a well-developed analytical mindset.
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Project Finance modelling is not just about model build skills. You also need a well-developed analytical mindset.
In addition to practicing your model build skills, you will be given regular analytical assignments.
These ensure that you can use your model to answer critical commercial questions about projects.
Everyone is welcome to work through the course tutorials, but successful completion of the the final CPFM challenge model build case study is a prerequisite to achieving the formal Certificate in Project Finance Modelling. It's a self-paced model build assignment that is marked by our instructors and detailed feedback will be provided.
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This bonus-course on data visualisation is included for free with your CPFM subscription.
Within this course, we explore key principles of data visualisation that will, with a little study, improve the way you present data.
This course is designed to boost your presentations and professionalise the look of your hard work.
Frequently Asked Questions
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Payment options are flexible! You can pay for the course as part of our platform membership - it’s USD 60 per month or USD 540 per year. There’s also an optional model build assessment so you can challenge your skills and receive detailed feedback from our instructors - this is USD 1,099 and includes 12 months’ access to the community.
You can also choose to buy the assessment separately at USD 650. -
Yes, the course is accredited for 35 CPD hours via the CPD Standards Office.
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Yes, we often run this course in-house over 2 days, 3 days or more, depending on our clients’ time available, budgets and any bespoke additions. We would love to help with your training requirements - please contact us for more details.
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Yes, absolutely - please contact admin@projectfinanceinstitute.com and we can arrange an invoice.
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In brief: the quality of our learning platform, live instructor support sessions, and the option to complete a challenging model build assignment followed by detailed feedback from our instructors. There is also a huge amount of complementary material in the form of our webinar recordings, Effective Data Visualisation course, job opportunities and newsletters that you’ll find within the platform.
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Yes, all course videos have subtitles available in Spanish, French and Arabic.
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You can join the community and receive full access for 7 days to make sure the course is right for you. Choose your preferred payment option and start your free trial here. Or if you prefer, contact us to request an invoice and we’ll send you an access link once it’s paid.
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The CPFM assessment is based on a PDF case study. It is self-paced, so you can take your time to work through the requirements. You do not need to build the model from scratch, and can adapt one of the course models if you want. There is a mandatory part A, and an optional part B - completing part B will give you the opportunity to gain Honours or High Honours.
Get in Touch
HOW CAN WE HELP YOU?
Not sure which path is right for you or your team?
Contact our team using the form below. We are always here to discuss your Project Finance ambitions and we'll respond to you as soon as we can.