Diploma in Financial Modelling and Sensitivities
Online postgraduate diploma of 800 hours in financial modelling and sensitivities for infrastructure projects. 8 modules covering infrastructure project finance, modelling best practice, the operating model, debt and financial structure, sensitivity analysis, probabilistic risk analysis and socio-economic appraisal, with the FAST Standard, Regulation (EU) 2021/1060 and IFRS 16, and an assigned technical tutor.
Diploma in Financial Modelling and Sensitivities — studying from Ireland
Ireland's civil engineering sector is driven by public infrastructure investment in roads, water, housing and public transport, alongside rail projects such as Dublin's light rail and commuter rail upgrades. Transport Infrastructure Ireland sets standards for national roads, while Irish Rail and Iarnród Éireann operate and develop the rail network. Smart city initiatives in Dublin and other urban areas create demand for engineers working on sensors, data platforms and integrated mobility systems. Typical employers include contractors, consultancies, local authorities and public agencies, with Engineers Ireland providing professional recognition.
Fees for Ireland: €1,790 (Euro), with instalments and employer sponsorship available.
Relevant bodies in Ireland
Typical roles
Questions from Ireland
Is a SEIUM qualification recognised for chartered civil or rail engineering status in Ireland?
Chartered engineer status in Ireland is administered by Engineers Ireland, which sets its own criteria for membership and registration. Rail is regulated in part by the National Transport Authority and Irish Rail-related bodies, while building and infrastructure standards involve other authorities. SEIUM's qualifications are private and not accredited by any national body, so recognition is for those bodies and employers to decide.
Do Irish civil, rail and smart-city employers consider private online engineering study?
Irish infrastructure, consultancy and local authority employers usually weigh chartered status, project experience and relevant degrees heavily. A private online qualification may be considered as supporting evidence of skills, but its value is at each employer's discretion. We cannot promise any outcome, so discuss it with prospective employers.
Can I study alongside a site or office job, and is employer funding common?
The programme is online and taught in English, so you can study from home without travel or a student visa. Plan for 1,900 hours on a master's, 800 on a postgraduate diploma or 300 on a specialist course. Each student has an assigned technical tutor, fees can be paid in instalments, and employer sponsorship may be possible. Many Irish employers have continuing professional development budgets, so ask yours.
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
Apply valuation fundamentals to infrastructure projects.
Build robust, auditable financial models.
Model revenue, costs and integrated financial statements.
Size debt structures using coverage ratios.
Carry out sensitivity and scenario analysis.
Quantify risk through probabilistic simulation.
Assess the socio-economic return of public investments.
Who it's for
- Project finance analysts building and reviewing concession models.
- Financial modellers looking to work to the FAST Standard.
- Infrastructure investment analysts assessing transport and urban assets.
- Economic feasibility consultants preparing business cases and CBAs.
- Project appraisal officers in public administrations and funding bodies.
- Concession managers monitoring the financial performance of their contracts.
- Engineering or science graduates looking to enter transport infrastructure.
What you'll work with
- FAST Standard (flexible, appropriate, structured and transparent financial modelling)
- Regulation (EU) 2021/1060 (Common Provisions Regulation for EU funds)
- IFRS 16 (leases)
- IFRIC 12 (service concession arrangements)
- Law 9/2017 (Spanish Public Sector Contracts Act)
- European Commission CBA Guide 2014 (cost-benefit analysis of investment projects)
- Microsoft Excel
- @RISK
- Power BI
- Modano
8 modules
1.1Time value of money1.2Free cash flows1.3Cost of capital and WACC1.4NPV, IRR and payback period1.5Project finance versus corporate finance1.6Structure of a financial model1.7Construction and operation phases1.8Specific features of rail and smart cities1.9Stakeholders and their perspectives1.10Case study: valuation of a park-and-ride facility
2.1The FAST modelling standard2.2Separating inputs, calculations and outputs2.3Timelines and flags2.4Consistent, auditable formulas2.5Checks and alerts2.6Version control2.7Model documentation2.8Common spreadsheet errors2.9Model review and audit2.10Practical exercise: FAST structure in Excel
3.1Demand and traffic forecasting3.2Fares and revenue3.3Availability payments3.4Operation and maintenance costs3.5Life-cycle and replacement costs3.6Inflation and indexation3.7Working capital3.8Taxes and depreciation3.9Integrated financial statements3.10Lab: revenue model for a tram line
4.1Senior and subordinated debt tranches4.2Repayment profiles4.3Debt sculpting4.4DSCR and LLCR ratios4.5Reserve accounts4.6Cash flow waterfall4.7Interest rate hedging4.8Equity and shareholder loans4.9Debt sizing4.10Practical exercise: debt sculpting to a target DSCR
5.1Single-variable sensitivities5.2Tornado charts5.3Data tables and scenarios5.4Break-even point5.5Base, downside and upside cases5.6Banking cases5.7Stress testing5.8Interpreting results5.9Presenting to committees5.10Workshop: demand and cost sensitivities
6.1Monte Carlo simulation6.2Distributions of key variables6.3Correlations between variables6.4P50 and P90 demand6.5Valuing construction risks6.6Real options6.7Exchange rate risk6.8@RISK and Crystal Ball tools6.9Communicating uncertainty6.10Lab: Monte Carlo of a concession project
7.1Cost-benefit analysis7.2European CBA guide for investment projects7.3Time savings and social value7.4Environmental externalities7.5Shadow prices7.6Social discount rate7.7Benefit-cost ratios7.8Multi-criteria analysis7.9European funds and their requirements7.10Case study: CBA of a commuter rail line
8.1Project definition and assumptions8.2Model structure8.3Operating model8.4Debt structure8.5Financial statements8.6Sensitivities and scenarios8.7Risk analysis8.8Feasibility conclusions8.9Report 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. 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, @RISK, Power BI and Modano, in free, academic or evaluation versions. Practice is based on real procedures: building complete financial models, sensitivity and scenario analysis and Monte Carlo simulations. Assessment is continuous for each module, plus the final project.
Standards covered: FAST Standard for financial modelling, Regulation (EU) 2021/1060 (Common Provisions Regulation), IFRS 16, IFRIC 12 (service concession arrangements), Law 9/2017 on Public Sector Contracts, European Commission Guide to Cost-Benefit Analysis of Investment Projects (2014).
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.
- 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, @RISK, Power BI and Modano, 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 is 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 Contract Management and Concession Supervision
Online postgraduate diploma of 800 hours in contract management and concession supervision. 8 modules covering public infrastructure contracts, preparation and award, execution and modification, concession supervision,…
Diploma in Waterproofing, Coatings and Pathologies
Online postgraduate diploma of 800 hours in waterproofing, linings and defects in tunnels, structured in 8 modules covering water in underground works, waterproofing systems, tunnel drainage,…
Diploma in Offshore Interconnections and Planning
Online postgraduate diploma of 800 hours in offshore interconnections and planning. 8 modules covering subsea transmission systems, route and seabed surveys, cable design and protection, marine…
More in Civil, Rail & Smart Cities
All Civil, Rail & Smart Cities programmes → · How to apply · Fees & financing · Scholarships