Project Appraisal and Financing (PAF)

Topic

Session

Case title Note on Financial Programming over Long Horizons (9-294-087) Stryker Corporation: Capital Budgeting (9-208-046) Note on APV (9-293-092) MIRR a better measure (BH285-PDF-ENG)

Need for Project Appraisal

Project Appraisal Techniques Project Cash-flow Estimation and Project Selection Capital Rationing and Project Selection Risk Analysis and Project Selection NCP-I

1 1

Ocean Carriers (9-202-027) Introduction to Cashflow Valuation Methods (9-295-155) Flash Memory Inc. (4230) New Heritage Doll Company (4212) Pit-falls in evaluating risky projects (HBR 85106) South-port Minerals (9-274-110)

3 4 5

1 2 1 1 1 1 1

Decision Trees for Decision Making (HBR 64410) Merck and Co.: Evaluating the drug licensing opportunity (9-201-023) Capital Projects as Real Options (9-295-074) Investment Opportunities as Real Options (HBR 98404) Real Options Exercises (9-208-045) Penelopes Personal Pocket Phones (9-299-004)

Decision Trees 1

Real-options in Capital Budgeting: Decision Trees and Application of Real options

1 1

Bidding for Antamina (9-297-054) Overview of project finance 2009 update (9-210-061) BP- Amco (A) (9-201-054) Note on Caspian Oil Pipelines (9-299-044) BP- Amco (B) (9-201-067) Market Analysis (9-576-056) Marketing Analysis Tool-kit (9-510-081)

Project Finance: Introduction, Project Finance v/s Corporate Finance, Use of project Finance

1 2

Market & Demand Analysis of Projects NCP II

Air-bus A3XX: Developing worlds largest commercial jet (A) (9-201-028) 10 marks An Economic Framework for Assessing Development Impact (9-202-052) Nghe An Tate and Lyle Sugar Company (9-202-054) Detailed Project Report (DPR) Preparation Chases Strategy for Syndicating the HK Disneyland Loan (A) (9-201-072) Basel II: Assessing the default and loss characteristics of project finance loans (9-203-035)

1 2 2 1 2 2

10

Social Cost-benefit Analysis of Projects Structuring Project Finance: Sources of Financing and Choice of Financing Basel II Accord and Project Finance

11

12

EVALUATION

The course evaluation consists of five components: # 1 2 3 4 Evaluation Component Class Participation 2 Class Tests (NCP components) Simulation Game (CP Component) End-semester Exam Total Weight 20% 20% 20% 40% 100%

Class Participation It is for 20% weightage and will be conducted in two components.

Class tests Two class tests for 10% weightage each will be conducted based on curriculum discussed prior to the scheduled tests. There will be no Make-up or retests.

Capital Budgeting Simulation The Capital Budgeting Simulation Game is being introduced so as to provide the students hands on experience on project appraisal and financing process. The students will be evaluated in this game for their participation and decisions. This component will be evaluated for 20% weightage. Instruction for the same will be provided later.

End-SemExam An end-sem exam covering the entire syllabus would be for 3hrs and would be comprehensive in nature.