Postgraduate DiplomaAutomotive & Motorsport Applications open

Diploma in Financial Structuring, Models and Covenants

Online postgraduate diploma of 800 hours in financial structuring, models and covenants. 8 modules covering financing structures, FAST financial modelling, debt ratios and capacity, covenants and LMA documentation, financial risk management, due diligence and debt restructuring, with an assigned technical tutor.

Duration6–8 months
ModeOnline
LanguageEnglish
Start datesSet by the faculty
AwardSEIUM Institute diploma

Diploma in Financial Structuring, Models and Covenants — studying from Australia

Australia no longer manufactures passenger vehicles at scale, but automotive engineering remains significant through component suppliers, design and engineering services, fleet operations and a strong motorsport culture. Engineers contribute to vehicle testing, powertrain development, vehicle dynamics and aftermarket product development. Motorsport activity centres on categories such as Supercars, which draws engineering talent from across the country. Employers include major global suppliers, dealership groups, fleet operators and specialist engineering consultancies working with manufacturers.

Fees for Australia: A$2,380 (AUD), with instalments and employer sponsorship available.

Relevant bodies in Australia

  • Federal Chamber of Automotive Industries (FCAI)
  • Australian Automobile Association (AAA)
  • Standards Australia
  • Department of Infrastructure, Transport, Regional Development, Communications and the Arts

Typical roles

  • Automotive Design Engineer
  • Vehicle Test Engineer
  • Powertrain Engineer
  • Motorsport Engineer

Questions from Australia

Which Australian bodies matter for automotive engineering recognition?

Engineers Australia is the main professional body for engineers and sets the standards for Chartered Professional Engineer status, which generally requires an accredited qualification. Automotive standards in Australia are overseen by bodies such as the Department of Infrastructure and vehicle compliance agencies. SEIUM's private qualifications are not accredited by these bodies, so their value depends on employer assessment.

What automotive careers and employers in Australia could this support?

Australia has automotive suppliers, vehicle engineering firms, motorsport teams and fleet operators, along with a growing mobility sector. Employers typically look at demonstrated technical skills, project work and experience. A SEIUM qualification may support your application, but whether it is recognised is for each employer to decide.

Can I manage this online course alongside a full-time job in Australia?

Yes, the courses are 100% online and taught in English, so you can study around work and from home without a student visa. Specialist courses take 300 hours, postgraduate diplomas 800 hours and master's 1,900 hours. Each student has an assigned technical tutor, and employer-funded training may be possible in some cases.

Virtual lab · try it before you enrol

Take the controls.

Run a real engineering trade-off from this field. Move the sliders, watch the model react in real time and beat the challenge.

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Learning outcomes

What you will be able to do

01

Select suitable financing structures.

02

Build robust financial models.

03

Calculate ratios and debt capacity.

04

Design and negotiate covenants.

05

Manage financial risks with hedging.

06

Coordinate due diligence and closing processes.

07

Manage debt monitoring and restructuring.

Profile

Who it's for

  • Structured finance analysts.
  • Financial modellers.
  • Corporate debt managers.
  • Credit risk analysts.
  • Project finance directors.
  • Restructuring consultants.
  • Engineering or science graduates looking to enter banking.
Standards & tools

What you'll work with

  • IFRS 9 (financial instruments)
  • FAST Standard (financial modelling best practice)
  • LMA documentation (syndicated loan agreements)
  • LMA Green Loan Principles (green lending)
  • Sustainability-Linked Loan Principles (sustainability-linked lending)
  • Royal Legislative Decree 1/2020 (Spanish Insolvency Act)
  • Regulation (EU) 2023/2631 (European green bonds)
  • Microsoft Excel
  • Bloomberg Terminal
  • Palisade @RISK
  • Power BI
Syllabus

8 modules

  1. 1.1Corporate finance versus project finance
  2. 1.2Senior, mezzanine and subordinated debt
  3. 1.3Structure of syndicated financing
  4. 1.4Corporate and project bonds
  5. 1.5Green and sustainability-linked financing
  6. 1.6Leasing and asset finance
  7. 1.7Equity and quasi-equity
  8. 1.8Optimal capital structure
  9. 1.9Cost of capital (WACC)
  10. 1.10Case study: financing structure for a wind farm
  1. 2.1FAST modelling best practice
  2. 2.2Model structure: inputs, calculations and outputs
  3. 2.3Revenue and cost projections
  4. 2.4Capex and investment schedule
  5. 2.5Working capital and taxation
  6. 2.6Cash flow waterfall
  7. 2.7Debt sculpting
  8. 2.8Reserve accounts
  9. 2.9Model review and audit
  10. 2.10Laboratory: building a project model
  1. 3.1DSCR and LLCR
  2. 3.2Leverage and net debt to EBITDA
  3. 3.3Interest cover
  4. 3.4Debt capacity from a target DSCR
  5. 3.5Repayment profiles
  6. 3.6Base and sensitivity cases
  7. 3.7Breakeven analysis
  8. 3.8Stress scenarios
  9. 3.9How banks and agencies interpret ratios
  10. 3.10Practical exercise: debt sizing by DSCR
  1. 4.1Financial and information covenants
  2. 4.2Positive and negative covenants
  3. 4.3Events of default
  4. 4.4Distribution restrictions
  5. 4.5Change of control clauses
  6. 4.6Waivers and amendments
  7. 4.7The LMA facility agreement
  8. 4.8Security package
  9. 4.9Intercreditor agreements
  10. 4.10Workshop: designing a covenant package
  1. 5.1Interest rate risk
  2. 5.2Swaps and caps
  3. 5.3Foreign exchange risk
  4. 5.4Commodity price risk
  5. 5.5Counterparty risk
  6. 5.6IFRS 9 hedge accounting
  7. 5.7Refinancing risk
  8. 5.8Liquidity risk
  9. 5.9Hedging policy
  10. 5.10Case study: interest rate hedging strategy
  1. 6.1Technical due diligence
  2. 6.2Legal and tax due diligence
  3. 6.3Model audit
  4. 6.4Insurance adviser
  5. 6.5Conditions precedent to closing
  6. 6.6Financial close of the transaction
  7. 6.7First drawdowns
  8. 6.8The role of the agent bank
  9. 6.9Document management
  10. 6.10Practical exercise: conditions precedent checklist
  1. 7.1Periodic reporting to lenders
  2. 7.2Covenant calculation and compliance certificates
  3. 7.3Early warning systems
  4. 7.4Negotiating waivers
  5. 7.5Debt refinancing
  6. 7.6Restructurings and pre-insolvency agreements
  7. 7.7Restructuring plans under insolvency law
  8. 7.8Valuation in distressed situations
  9. 7.9Lessons from real cases
  10. 7.10Workshop: negotiating a waiver after a breach
  1. 8.1Selecting the asset
  2. 8.2Model assumptions
  3. 8.3Complete financial model
  4. 8.4Debt sizing
  5. 8.5Covenant package
  6. 8.6Hedging strategy
  7. 8.7Risk analysis
  8. 8.8Conclusions and areas for improvement
  9. 8.9Report and presentation
  10. 8.10Final project: final review with your tutor
Methodology, software & labs

How you'll learn

100% online training on the SEIUM campus, with downloadable material, recorded classes and an assigned technical tutor. There are no fixed timetables: you progress at your own pace within each intake, so the programme fits around your job.

Each module combines theory, guided reading of the original standard and applied exercises. The working software is Microsoft Excel, Bloomberg Terminal, Palisade @RISK and Power BI, in free, academic or evaluation versions. Practical work is based on real procedures: a financial model for an infrastructure project, debt sizing by coverage ratio and covenant analysis under stress scenarios. Assessment is continuous by module plus the final project.

Standards covered: IFRS 9, FAST Standard, LMA syndicated loan documentation, LMA Green Loan Principles, Sustainability-Linked Loan Principles, Royal Legislative Decree 1/2020 (Spanish Insolvency Act), Regulation (EU) 2023/2631 on European green bonds.

Assigned technical tutor:every module ends with a deliverable that your tutor marks individually.
Standards-based learning:guided reading of IFRS 9, the FAST Standard and LMA documentation applied to real cases, not as a theoretical annex.
Industry software:Microsoft Excel, Bloomberg Terminal, Palisade @RISK and Power BI, in free, academic or evaluation versions.
Final project:a complete financial structuring of an asset, with financial model, debt sizing, covenant package, hedging strategy and risk analysis, reviewed by your tutor.
Flexible format:100% online, no fixed timetables, compatible with full-time work.
Capstone project

Build it end to end

Your final project follows the real engineering workflow, step by step, reviewed by your tutor.

Financing structure
Define the financing structure for the selected asset.
Financial model
Build a complete FAST-compliant project model with cash flow waterfall.
Debt sizing
Size the debt by target DSCR and test it under stress scenarios.
Covenants and hedging
Design the covenant package and the interest rate hedging strategy.
Final project
A complete financial structuring project with risk analysis, reviewed by your tutor.
Career opportunities

Where this takes you

Structured Finance AnalystFinancial ModellerCorporate Debt ManagerCredit Risk AnalystProject Finance DirectorRestructuring Consultant
Admissions & scholarships

Requirements

  • Prior technical training or professional experience in the sector. No university degree is required.
  • An internet connection and a computer capable of running the programme software.
  • English sufficient to read technical standards.

Ready to start?

Send your application today. Our admissions team replies within 72 hours with your study plan and funding options.

FAQ

Frequently asked questions

The programme totals 800 hours over 6–8 months. You set your own pace within each intake, and your tutor helps you plan the workload around your job.

You work with Microsoft Excel, Bloomberg Terminal, Palisade @RISK and Power BI, using free, academic or evaluation versions. Your tutor indicates the free alternative wherever one exists.

A SEIUM Institute diploma, awarded on passing the continuous assessment and the final project. It is SEIUM's own qualification, not an official state degree; its recognition depends on the programme completed and the regulations of each country.

Yes. Modules passed are recognised in a higher programme in the same area (postgraduate diploma or master's). Ask about the recognition policy when you enrol.

Prior technical training or professional experience in the sector (no university degree required), a suitable computer and English sufficient to read technical standards.

Start dates are set by SEIUM's faculty for each intake. Our admissions team will confirm the next available date when you apply.

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