Master'sCivil, Rail & Smart Cities Applications open

Master’s in PPP/Concessions and Infrastructure Finance

Online master's programme of 1,900 hours in PPP/concessions and infrastructure finance. 12 modules covering PPP models, the legal framework of concessions, value for money, risk allocation, payment mechanisms, tendering, project finance, financial modelling, contract supervision, ESG and secondary markets under Directive 2014/23/EU, Ley 9/2017 and IFRIC 12, with an assigned technical tutor.

Duration12–14 months
ModeOnline
LanguageEnglish
Start datesSet by the faculty
AwardSEIUM Institute diploma

Master’s in PPP/Concessions and Infrastructure Finance — 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: €7,920 (Euro), with instalments and employer sponsorship available.

Relevant bodies in Ireland

  • Transport Infrastructure Ireland (TII)
  • Irish Rail (Iarnród Éireann)
  • Engineers Ireland
  • Institution of Engineers of Ireland (IEI)

Typical roles

  • Civil Engineer
  • Rail Systems Engineer
  • Transport Planning Engineer
  • Smart City Infrastructure Engineer

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.

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Learning outcomes

What you will be able to do

01

Analyse public-private partnership models.

02

Interpret the legal framework of concessions.

03

Assess the value for money of a project.

04

Allocate risks and design payment mechanisms.

05

Structure project finance.

06

Build financial models of concessions.

07

Supervise contracts with sustainability criteria.

Profile

Who it's for

  • Public-private partnership advisers
  • Project finance analysts
  • Concession managers
  • Public procurement managers
  • Infrastructure fund managers
  • Infrastructure finance consultants
  • Engineering or science graduates looking to move into public administration
Standards & tools

What you'll work with

  • Directive 2014/23/EU (award of concession contracts)
  • Ley 9/2017 (Spanish Public Sector Contracts Act)
  • IFRIC 12 (service concession arrangements)
  • IPSAS 32 (service concession arrangements: grantor)
  • Equator Principles (EP4) (environmental and social risk management in project finance)
  • Regulation (EU) 2020/852 (EU taxonomy for sustainable investment)
  • Regulation (EU) 549/2013 (European system of national and regional accounts (ESA 2010))
  • Regulation (EU) 2023/2631 (European green bonds)
  • Microsoft Excel
  • Operis Analysis Kit
  • @RISK
  • Bloomberg Terminal
  • Power BI
Syllabus

12 modules

  1. 1.1Infrastructure and funding gap
  2. 1.2Models of public provision
  3. 1.3The concept of public-private partnership
  4. 1.4Concessions and availability contracts
  5. 1.5History of concessions in Spain
  6. 1.6International experience
  7. 1.7Sectors: transport, water, energy and social
  8. 1.8Advantages and risks of PPPs
  9. 1.9Stakeholders and their incentives
  10. 1.10Case study: comparison of models in three countries
  1. 2.1European concessions directive
  2. 2.2Spanish Public Sector Contracts Act
  3. 2.3Operational risk and its transfer
  4. 2.4Duration of concessions
  5. 2.5Economic regime of the concessionaire
  6. 2.6Modification and rebalancing
  7. 2.7Public liability of the administration
  8. 2.8Termination and buy-back
  9. 2.9Relevant case law
  10. 2.10Practical: analysis of concession tender documents
  1. 3.1Feasibility study
  2. 3.2Public sector comparator
  3. 3.3Value-for-money analysis
  4. 3.4Cost-benefit analysis
  5. 3.5Budget affordability
  6. 3.6Statistical treatment under Eurostat rules
  7. 3.7Concession accounting
  8. 3.8Contingent liabilities
  9. 3.9Approval process
  10. 3.10Lab: public-private comparator
  1. 4.1Risk identification
  2. 4.2Construction risk
  3. 4.3Demand risk
  4. 4.4Availability risk
  5. 4.5Financial and interest-rate risk
  6. 4.6Regulatory and political risk
  7. 4.7Allocation matrix
  8. 4.8Risk quantification
  9. 4.9Mitigation mechanisms
  10. 4.10Case study: risk matrix for a PPP hospital
  1. 5.1Real tolls
  2. 5.2Shadow tolls
  3. 5.3Availability payments
  4. 5.4Quality indicators and deductions
  5. 5.5Traffic bands
  6. 5.6Minimum revenue guarantees
  7. 5.7Tariff indexation
  8. 5.8Performance incentives
  9. 5.9Mechanism design
  10. 5.10Practical: design of a deductions regime
  1. 6.1Phases of the procedure
  2. 6.2Competitive dialogue
  3. 6.3Negotiated procedure
  4. 6.4Award criteria
  5. 6.5Financial bids
  6. 6.6Financing commitments
  7. 6.7Commercial and financial close
  8. 6.8Unsolicited proposals
  9. 6.9Transparency and competition
  10. 6.10Workshop: evaluation of concession bids
  1. 7.1Project finance structure
  2. 7.2Special purpose vehicle
  3. 7.3Senior and subordinated debt
  4. 7.4Project bonds
  5. 7.5Multilateral banks and the EIB
  6. 7.6Public guarantees
  7. 7.7Interest-rate hedging
  8. 7.8Security package
  9. 7.9Refinancing
  10. 7.10Case study: financing a motorway
  1. 8.1Model structure
  2. 8.2Macroeconomic assumptions
  3. 8.3Revenue projections
  4. 8.4Capital and operating costs
  5. 8.5Debt sculpting
  6. 8.6Cover ratios
  7. 8.7Equity returns
  8. 8.8Sensitivity and scenario analysis
  9. 8.9Model audit
  10. 8.10Lab: financial model of a concession
  1. 9.1Organising supervision
  2. 9.2Monitoring indicators
  3. 9.3Change management
  4. 9.4Claims and disputes
  5. 9.5Technical audits
  6. 9.6Performance reports
  7. 9.7User relations
  8. 9.8Handback of assets
  9. 9.9Lessons from contracts in difficulty
  10. 9.10Practical: supervision plan for a concession
  1. 10.1EU taxonomy
  2. 10.2Equator Principles
  3. 10.3Green and social bonds
  4. 10.4Environmental and social assessment
  5. 10.5Climate resilience
  6. 10.6Social impact of infrastructure
  7. 10.7Governance and anti-corruption
  8. 10.8Non-financial reporting
  9. 10.9Impact investing
  10. 10.10Case study: green bond for a tram line
  1. 11.1Infrastructure funds
  2. 11.2Pension funds and insurers
  3. 11.3Valuation of concession assets
  4. 11.4Secondary market for concessions
  5. 11.5Acquisition due diligence
  6. 11.6Portfolio management
  7. 11.7Co-investment platforms
  8. 11.8Market trends
  9. 11.9Concentration risks
  10. 11.10Practical: valuation of a stake in a concession
  1. 12.1Selection of the study project
  2. 12.2Applicable legal framework
  3. 12.3Value-for-money assessment
  4. 12.4Risk matrix
  5. 12.5Payment mechanism
  6. 12.6Financial structure
  7. 12.7Financial model
  8. 12.8Conclusions
  9. 12.9Master's Thesis report
  10. 12.10Master's Thesis: defence before a panel
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 it fits around your work.

Each module combines theory, guided reading of the original legislation and standards, and applied exercises. The working software is Microsoft Excel, Operis Analysis Kit, @RISK, Bloomberg Terminal and Power BI, in free, academic or evaluation versions. Practical work is based on real procedures for concession financial models, value-for-money analysis and payment mechanism design. Assessment is continuous by module, plus the final Master's Thesis.

Standards covered: Directive 2014/23/EU, Ley 9/2017, IFRIC 12, IPSAS 32, Equator Principles (EP4), Regulation (EU) 2020/852, Regulation (EU) 549/2013, Regulation (EU) 2023/2631.

Assigned technical tutor:every module ends with a deliverable that your tutor marks individually.
Standards-based learning:guided reading of Directive 2014/23/EU, Ley 9/2017 and IFRIC 12 applied to real cases, not as a theoretical annex.
Industry software:Microsoft Excel, Operis Analysis Kit, @RISK, Bloomberg Terminal, Power BI, in free, academic or evaluation versions.
Master's Thesis with defence:The full structuring of a PPP project, from legal framework and value-for-money assessment to risk matrix, payment mechanism, financial structure and financial model, defended before a panel.
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.

Public-private comparator
Compare public and PPP delivery of a project through value-for-money analysis.
PPP risk matrix
Build the risk allocation matrix for a PPP hospital.
Deductions regime
Design the payment mechanism and deductions regime for a concession.
Concession financial model
Build a concession financial model with debt sculpting and cover ratios.
Master's Thesis
The full structuring of a PPP project with its financial model, defended before a panel.
Career opportunities

Where this takes you

Public-private partnership adviserProject finance analystConcession managerPublic procurement managerInfrastructure fund managerInfrastructure finance consultant
Admissions & scholarships

Requirements

  • University degree in engineering, science or architecture, or equivalent demonstrable professional experience.
  • Internet connection and a computer able to run 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 1,900 hours over 12–14 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, Operis Analysis Kit, @RISK, Bloomberg Terminal, 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 Master's Thesis. 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 in a course or postgraduate diploma in the same area are recognised in the higher programme. Ask about the recognition policy when you enrol.

A university degree in engineering, science or architecture, or equivalent demonstrable professional experience, plus an internet connection, 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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