Syllabus

Title
5860 A Consultants Perspective on International Infrastructure Investments
Instructors
Dr. Christoph Riedler, MSc (WU)
Contact details
Type
PI
Weekly hours
2
Language of instruction
Englisch
Registration
02/12/24 to 02/20/24
Registration via LPIS
Notes to the course
Dates
Day Date Time Room
Monday 03/04/24 05:00 PM - 07:00 PM Online-Einheit
Friday 03/08/24 02:00 PM - 05:00 PM TC.5.16
Friday 03/22/24 02:00 PM - 05:00 PM TC.5.14
Friday 04/12/24 02:00 PM - 05:00 PM TC.5.16
Friday 04/19/24 02:00 PM - 05:00 PM TC.3.11
Friday 04/26/24 02:00 PM - 05:00 PM Online-Einheit
Friday 05/03/24 02:00 PM - 05:00 PM TC.5.16
Friday 05/17/24 02:00 PM - 05:00 PM Online-Einheit
Contents

The G20 estimates the need for additional infrastructure investments beyond the current projected levels at 15 Trillion USD until 2040, which implies a yearly funding (or infrastructure) gap of 0,75 Trillion USD.

Although public spending may increase in the wake of the Covid19-crisis as a means of anti-circular spending, public funds will not be adequate to close the infrastructure gap. Therefore, private investments will be of great importance to update existing assets and build new infrastructure. Among these, investments in telecommunication (5G-Networks, Fiber-Cable, Satellites), renewable energy, transportation, social infrastructure (Health Care, Education) will be especially important.

For both public and private sponsors a detailed and meaningful planning process is of utmost importance, since infrastructure projects are capital intensive, run for many years and since the financing of the projects depends strongly on the underling planning model. Therefore, many sponsors tend to turn to advisory firms to evaluate their financial models or hand over the planning process to the consultancy firm.

In this course, an ex-consultant from a big four company will discuss infrastructure investments from a theoretical (finance) perspective and illustrate the planning and structuring process of international infrastructure investments. A case study of an international infractructure investment as well as an financial model will be integrated in the course to transfer the theoretical knowledge to a practical case. 

Learning outcomes

During the course, students

  • have acquired theoretical and conceptual knowledge of the nature and particularities of infrastructure investments,
  • have gained theoretical and conceptual knowledge of international project finance,
  • have an gained an overview of the international infrastructure market and
  • understand how to develop a simple integrated financial model using Excel.
Attendance requirements

The course will be offered in hybrid mode. The introduction session on 04.03.2024 will be an asynchrone lecture cast. The coaching session on 26.04.2024 will take place via MS Teams. The final session will be an online exam. The remaining sessions will be held on campus. Attendance is mandatory in all live sessions

Teaching/learning method(s)

The course is designed as a hybrid course with a group project. It consists of lectures on international finance with focus on project finance as well as interactive modeling sections in Microsoft Excel.

Students are expected to complete ALL weekly online learning components:

- Pre-session mandatory readers

- Weekly online quizzes on the readers

- Group work and presentation

- Final exam (online)

Teaching language is English.

You need a Laptop with Microsoft-Excel to attend this course.

Assessment

25% Weekly mini-quizzes on the readers

25% Group assignment

50% Final exam (online)

Prerequisites for participation and waiting lists

You need a Laptop with Microsoft-Excel to attend this course and some interest in finacial modeling!

 

Registration follows LPIS system and the "Waiting List" System.

 

Readings

Please log in with your WU account to use all functionalities of read!t. For off-campus access to our licensed electronic resources, remember to activate your VPN connection connection. In case you encounter any technical problems or have questions regarding read!t, please feel free to contact the library at readinglists@wu.ac.at.

Last edited: 2024-01-28



Back