Financial Management: Specialisation in Urban Infrastructure Finance – (M.Sc.)

Contents

The programme consists of four modules, which lasts for twelve months.

Module 1

• Principles of Finance
• Principles of Public Finance
• Principles of Financial Decision-making
• Urban infrastructure financial decision making
• Principles of Computational Finance
• Principles of Decision-making
• Basic Word/ Excel / Powerpoint
• Presentation skills
• Principles of Financial Arithmetic
• Elementary Statistics and Mathematics

Module 2

• Investment & Financial Markets I
• Financial econometrics I
• Investment & Financial Markets II
• Financial econometrics II
• Structuring the Investment Problem
• Optimization for Portfolio Management
• Data Collection and Data Analysis
• Basic Understanding of Econometrics
• Basic Elements of statistics & Mathematics Underlying Derivative Valuation
• Event Studies and their methodology

Module 3

• Derivative I
• Derivative II
• Financial Accounting
• Public Finance
• Financing Public Works and Infrastructure
• Investment Networks
• Analysis of Financial Reports
• Financial Instruments and Decision making Tools for Smart Urban Growth
• Project Finance
• Procurement and Contracts
• Analysis of Future Cash Flows using all available information
• Optimization of Models for Well-structures Problems
• Sources of Information & Technical Tools for the Financial Manager

Module 4

Electives offer an opportunity to acquire more in-depth knowledge of specialized topics such as Private Equity, Public Private Partnerships, Real Options, Risk Management (public sector), Game Theory, Valuation and Mergers and Acquisitions

Module 5

Applied Research in Urban Infrastructure Finance – Internship Period,
This allows participants to gain true professional experience which will bridge the gap between theory and practice.

Training methodology

Through a rigorous comprehensive set of core urban infrastructure finance courses, classroom sessions, simulations, business cases and field visit, participants acquire a sound understanding of infrastructure sector finance and financial management. Building on this foundation, strength in urban infrastructure finance is developed through specifically designed electives. In these courses, key issues in urban infrastructure finance policy development, implementation and management are elaborated. Participants learn to think creatively and make decisions in the complex and ambiguous environment of public / private sector.

In featured exercises and a project course, theory is applied to a current issue within a specific infrastructural sector. Under the guidance of faculty, participants have the option of working on a thesis or working with a public / private or parastatal organization to understand, analyze and influence the resolution of a current problem in urban infrastructure finance policy development, implementation or management.

The professors and lecturers on the specialisation will come from IHS and organisations such as the World Bank, Asian Development Bank, African Development Bank, The regional Office for African and Arab States, etc.

Accreditation

Erasmus University Rotterdam stands for quality of research and education. The quality of our academic programmes is ensured by various independent accreditation organisations. What follows is a list of organisations that have independently accredited our education, research or in some cases individual programmes...

NVAO

NVAO is the Netherlands and Flemish Accreditation Organisation— an independent accreditation organisation that ensures the quality of higher education in the Netherlands and Flanders by means of thorough and continuous programme assessment.

AACSB

AACSB International accreditation represents the highest standard of achievement for business schools, worldwide. Institutions that earn accreditation confirm their commitment to quality and continuous improvement through a rigorous and comprehensive peer review. AACSB International accreditation is the hallmark of excellence in management education.

Accreditation of research schools

Erasmus University Rotterdam Research Schools are accredited by the Royal Netherlands Academy of Arts & Sciences (KNAW). The Academy is entrusted by the government with the accreditation of all Dutch research schools. Research schools must apply for re-accreditation every six years.

AMBA

The Association of MBAs is internationally recognised as the global standard for all masters of business administration (MBA), doctorates in business administration (DBA) and masters in business and management (MBM) programmes. AMBA currently accredits MBA, DBA and MBM programmes at 145 business schools in 68 countries.

EQUIS - the European Quality Improvement System

EQUIS is the leading international system of quality assessment, improvement, and accreditation of higher education institutions in management and business administration.

VSNU - Code of conduct for Dutch institutions

EUR subscribes to the Code of Conduct for Dutch Institutions. The Code helps ensure, among other things, that international study programmes are accredited by the NVAO. In addition, it calls for international students to receive clear information about the possibilities for study. It is an initiative of institutions, independent education-related organisations, and the Dutch Government.

EAPAA - European Association for Public Administration Accreditation

EAPAA is the European system of quality accreditation for academic degree programmes in public administration, public management and public policy.

Student services, facilities and activities

Erasmus University Rotterdam does its utmost to offer first-class on-campus facilities, student services and extracurricular activities. Students are offered various resources needed to work on their academic and social development which give depth to their studies. We believe that this is an important factor in academic success.

Student services

Alongside excellent facilities for studying, Erasmus University offers students additional support in many different ways to ensure that their time spent studying at the university is as enjoyable and convenient as possible. Services include: enrolment assistance, on student counseling, language support, to name but a few.

Erasmus University Rotterdam aspires to be an excellent and inspiring study and work environment for students. There are a number of facilities like bookstores, restaurants and even a bank that you can find right here on the campus.
Erasmus University Rotterdam encourages its international students to participate in wide variety of extracurricular activities. International students can join in on activities organized by study and sports associations, student fraternities and political/cultural student organisations.

The department of Student Affairs offers a wide range of courses, workshops, groups and training sessions for students of the Erasmus University Rotterdam throughout the academic year. The courses are supportive and additional to the regular study programme.

There may be a variety of special circumstances which can affect your performance at the university or the pace at which you can study. In some cases you may be eligible for help through the facilities and schemes organised by the university.

Funding details

MFM participants are eligible for various scholarships and loans.

For more information please visit our scholarships web page