PADM 5755 - Infrastructure Financing

Spring. 3 credits. Letter grades only.

Enrollment limited to: Master of Public Administration (MPA) students or by permission of instructor.

J. Foote.

This course is designed for graduate students considering a career in the public sector in budgeting and debt management, a career in planning, implementing and operating public infrastructure (including transportation, water and sewer, power, education, etc.) or a career in capital markets. At the completion of the course students will have a strong working knowledge of key principles and techniques of public finance and a familiarity with finance instruments.

Outcome 1: Student will apply key finance tools (discounted cash flow, NPV, IRR, amortization, cost of capital) to public finance problems (with emphasis on infrastructure finance).

Outcome 2: Student will describe how capital markets and credit analysis/ratings affect public sector financial decisions.

Outcome 3: Student will analyze public income and balance sheet statements.

Outcome 4: Student will discuss the role of bond markets in shaping public finance.

Outcome 5: Student will develop an original position paper on a topic in public finance.