Diploma in Costs and Finance in Decommissioning Projects
Online postgraduate diploma of 800 hours in costs and finance in decommissioning projects, with 8 modules covering decommissioning economics, ISDC cost estimation, funds and financing mechanisms, financial analysis, procurement and cost control, cost optimisation, and insurance and liability (OECD/NEA ISDC, Directive 2011/70/Euratom, Recommendation 2006/851/Euratom), with an assigned technical tutor.
Diploma in Costs and Finance in Decommissioning Projects — studying from Canada
Canada is a global leader in nuclear technology, most notably through CANDU reactor design and the development of medical isotopes. Ontario operates the largest nuclear fleet in the country, with major facilities at Pickering, Darlington and Bruce, while Atomic Energy of Canada Limited leads reactor research at Chalk River. The Canadian Nuclear Safety Commission regulates all nuclear activity. Engineers work on reactor design, fuel cycle technologies, decommissioning and radiation protection.
Fees for Canada: C$1,700 (Canadian dollar), with instalments and employer sponsorship available.
Relevant bodies in Canada
Typical roles
Questions from Canada
Is this programme recognised by professional bodies in Canada for nuclear engineering?
SEIUM's qualifications are private, not official state degrees, and carry no national accreditation in Canada. Nuclear activities are regulated by the Canadian Nuclear Safety Commission, and professional engineering titles are provincially regulated. Nuclear roles often require specific licences or clearances, which a private qualification does not provide. Confirm with employers or the regulator.
Could this qualification help with nuclear career opportunities in Canada?
Canadian nuclear operators, utilities, fuel cycle firms and regulators' supplier networks employ engineers, but they set their own criteria. Many nuclear roles prioritise experience, security clearances and regulator-recognised training. The programme can add technical depth to your profile, but it does not guarantee entry or advancement in this tightly regulated field.
Can I study this online from Canada, and what is the workload?
Yes, the programme is 100% online and taught in English, and no student visa is required if you study from home. Specialist courses are 300 hours, postgraduate diplomas 800 hours and master's programmes 1,900 hours. Fees are payable in instalments, employer sponsorship is possible, and you receive an assigned technical tutor for guidance.
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.
What you will be able to do
Understand the cost structure of nuclear decommissioning.
Estimate costs with the ISDC methodology.
Analyse financing mechanisms and funds.
Carry out financial analyses under uncertainty.
Manage decommissioning costs and contracts.
Identify cost reduction opportunities.
Assess financial and liability risks.
Who it's for
- Decommissioning cost estimators
- Nuclear financial analysts
- Project controllers
- Radioactive waste fund managers
- Nuclear project consultants
- Procurement technicians
- Engineering or science graduates looking to move into nuclear decommissioning
What you'll work with
- OECD/NEA ISDC (International Structure for Decommissioning Costing)
- Directive 2011/70/Euratom (responsible and safe management of spent fuel and radioactive waste)
- Recommendation 2006/851/Euratom (management of decommissioning financial resources)
- Royal Decree 102/2014 (Spanish regulation on spent fuel and radioactive waste)
- IAS 37 (provisions, contingent liabilities and contingent assets)
- IAEA GSR Part 6 (decommissioning of facilities)
- Paris Convention (nuclear third-party liability)
- Microsoft Excel
- Oracle Primavera P6
- @RISK
- OMEGA (EDF)
- Power BI
8 modules
1.1Life cycle phases of a facility1.2Immediate and deferred dismantling strategies1.3Components of decommissioning cost1.4Factors influencing cost1.5International cost experience1.6Status of the Spanish nuclear fleet1.7Role of the national waste management company1.8The polluter-pays principle1.9Financial risks of decommissioning1.10Case study: costs of the José Cabrera plant
2.1OECD/NEA ISDC methodology2.2Work breakdown structure2.3Radiological inventory and its impact2.4Staff and equipment costs2.5Waste management costs2.6Contingencies and uncertainties2.7Probabilistic cost estimation2.8Estimation tools2.9Independent review of estimates2.10Practical exercise: ISDC estimate for a system
3.1Segregated and non-segregated funds3.2Fund for financing the General Radioactive Waste Plan (PGRR)3.3Fees and contributions from licensees3.4Fund investment management3.5Fund return and risk3.6Adequacy of financing3.7European Recommendation 2006/851/Euratom3.8International comparison of funds3.9Fund governance3.10Workshop: projecting the adequacy of a fund
4.1Present value of future obligations4.2Discount and escalation rates4.3Project cash flows4.4Sensitivity analysis4.5Monte Carlo cost simulation4.6Scenario analysis4.7Accounting provisions4.8IAS 37 and IFRS standards4.9Preparing financial reports4.10Lab: discounted cash flow model
5.1Procurement strategies5.2Fixed-price and cost-reimbursable contracts5.3Target-cost contracts5.4Management of specialist suppliers5.5Cost control with earned value5.6Management of changes and claims5.7Performance indicators5.8Lessons from European projects5.9Contractual risk management5.10Practical exercise: earned value analysis of a project
6.1Optimising the sequence of work6.2Waste minimisation6.3Recycling and clearance of materials6.4Efficient cutting technologies6.5Robotics and remote work6.6Site reuse6.7Integrated project planning6.8Project benchmarking6.9Knowledge management6.10Case study: savings from metal clearance
7.1Risks of the decommissioning project7.2Insurance during decommissioning7.3Nuclear third-party liability7.4Paris and Brussels Conventions7.5Licensee's financial guarantees7.6Risk of licensee insolvency7.7Regulatory and schedule risk7.8Communication with stakeholders7.9Transparency in the use of funds7.10Workshop: financial risk matrix
8.1Selection of the facility8.2Scope definition8.3ISDC cost estimation8.4Uncertainty analysis8.5Financing plan8.6Financial analysis of the project8.7Optimisation proposals8.8Conclusions and recommendations8.9Report and presentation8.10Final project: final review with the tutor
How you'll learn
100% online training on the SEIUM campus, with downloadable material, recorded classes and an assigned technical tutor. No fixed timetables: you progress at your own pace within each intake, so it fits around your job.
Each module combines theory, guided reading of the original standard and applied exercises. The working software is Microsoft Excel, Oracle Primavera P6, @RISK, OMEGA (EDF) and Power BI, in free, academic or evaluation versions. Practical work is based on real procedures for ISDC-structured cost estimates, Monte Carlo uncertainty simulations and earned value analysis. Assessment is continuous by module, plus the final integrative project.
Standards covered: OECD/NEA International Structure for Decommissioning Costing (ISDC), Directive 2011/70/Euratom, Recommendation 2006/851/Euratom, Spanish Royal Decree 102/2014, IAS 37, IAEA GSR Part 6, Paris Convention on nuclear third-party liability.
Build it end to end
Your final project follows the real engineering workflow, step by step, reviewed by your tutor.
Where this takes you
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.
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, Oracle Primavera P6, @RISK, OMEGA (EDF) 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 computer able to run the software 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.
Related programmes
Diploma in Deep Geological Repository Design
Online postgraduate diploma of 800 hours in deep geological repository design, structured in 8 modules covering the repository concept, site characterisation, engineered barriers, underground facility design,…
Diploma in International Radioactive Waste Management Regulations
Online postgraduate diploma of 800 hours in international radioactive waste management regulations, with 8 modules covering the international framework, IAEA safety standards, Euratom regulation, predisposal management,…
Diploma in Conditioning and Vitrification Technologies
Online postgraduate diploma of 800 hours in conditioning and vitrification technologies, structured in 8 modules covering radioactive waste classification, nuclear glass chemistry, industrial vitrification, cementation and…
More in Nuclear Engineering & Nuclear Fuel Cycle Technologies
All Nuclear Engineering & Nuclear Fuel Cycle Technologies programmes → · How to apply · Fees & financing · Scholarships