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Investment, concept, basic types, characteristics of investment specificity, elements of effectiveness evaluation.
Investment project, concept, types and elements.
Pre-investment study, characteristics and significance, life cycle of a project.
Feasibility study - aims, functions, elements of construction.
Forming the structure of sources of project financing (capital budgeting).
Estimation of cash flows for subjects participating in the project - basic errors of financial projections.
Project finance - concept, participating subjects, specificity of approach in effectiveness evaluation.
Project finance - characteristics of major types of risk and instruments of its reduction.
Statistical methods of project evaluation - period of return, simple rate of return, first year test - advantages and disadvantages.
Profitability threshold and financial liquidity threshold, project sensitivity analysis.
Discount methods - basic characteristics, problem of choosing and estimating the discount rate.
NPV, NPVR - assumptions, calculation formulas, methods of interpretation.
IRR - assumptions, calculation formulas, methods of interpretation; results of NPV vs. IRR
Modified methods of profitability (MNPV, MIRR, MPI).
Evaluation of non-profit projects.
Case studies - problems of evaluating investment projects examples.
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