Accueil > Project Finance Management in Energy & Resources

KAFP 3720 - Project Finance Management in Energy & Resources

Type d'enseignement : Elective

Semester : Autumn 2017-2018

Number of hours : 24

Language of tuition : English

Pre-requisite

None, but knowledge of accounting and finance basics would be ideal

Course Description

During the 12 sessions, students will be provided with the elements they need to fully understand what they read or hear regarding the financing the energy and commodity sectors. The lecturers will help them put these elements into perspective. On that basis, students will be able to draw their own properly balanced conclusions. Lessons will focus on: - Understanding the financing needs of the various players in the energy and commodity sectors as well as their need of protection against commodity price fluctuations; - Providing an overview of the banking sector and the various products and financing schemes proposed by banks to these players to meet their needs.

Teachers

  • DETHAN, Aurélie (Enseignant du supérieur)
  • LACAZE, Matthieu (Global Head of Credit Risk for Global Markets)

Pedagogical format

The program will be a combination of lectures sessions and interaction sessions: - The lecture sessions will be dedicated to providing the students with the academic fundamentals and market illustrations related to each topic; - The interaction sessions: case studies and debates will be debated in front the off the whole class. The other students will be invited to ask questions. Feedback questions and comments from the lecturers will contribute to draw the key takeaways of the sessions. Classes shall be as interactive as possible. Students usually have diverse backgrounds that can adequately complement each other. Active participation and collaboration between the students are therefore highly recommended for the benefit of the class.

Course validation

Active participation: 10% Oral case study: 45% Oral debate: 45% Oral case study : students will be split in groups of ~10 persons each. Each group will work on one of the suggested case studies. Oral debate: students will be split in tandems. Each tandem will be allocated one of the suggested topics.

Workload

Students are free to read the mandatory readings before the class to get familiar with the topic that will be discussed. In any case, the mandatory readings shall be studied after the relevant class for knowledge consolidation purposes.

Required reading

OECD (2017), Green financing: Challenges and opportunities in the transition to a clean and climate-resilient economy - 2017, OECD Journal: Financial Market Trends, published online first

Additional required reading

Quiry (Pascal), Le Fur (Yann), Salvi (Antonio), Dallocchio (Maurizio), Vernimmen (Pierre), Corporate Finance: Theory and Practice – 4th Edition, John Wiley & Sons Inc – 2014