• Master Project Finance Modeling Like a Pro

    Build, Analyze & Present Financial Models for Real-World Infrastructure & Project Deals

    Learn how to create robust project finance models from scratch. Whether you're an aspiring analyst or a working professional, this course gives you the tools to confidently evaluate project viability, risk, and returns.

Project Finance Pro: Mastering Financial Models

Build bankable models. Think like a Dealmaker.

Project Finance Pro is your ultimate guide to mastering financial modeling for large-scale infrastructure and capital-intensive projects. Whether you’re aiming to work on renewable energy, transportation, PPPs, or industrial ventures, this course walks you through the full lifecycle—from building rock-solid Excel models to structuring deals that pass lender scrutiny. Built for aspiring analysts, investment professionals, and infrastructure consultants, you’ll learn how to model cash flows, evaluate risks, optimize capital stacks, and present investor-ready outputs.


Master the art of project finance modeling - from excel to execution. Learn how to structure fund and pitch large sized deals. A unique hands-on course that will provide you with the ability to understand the nuances of project finance theory. You will work with actual models in a hands-on environment, you will develop ability to quantify the risks of different types of projects and use models to assist in the negotiation of contracts.

Project Finance Pro Advantage

Built for those who lead fund raise from the front:

  • Built around real world deal structuring: From Debt sizing to equity IRRs to waterfall payout, every model ties to a real infrastructure or energy project framework.
  • Term sheet to model integration: modular, role based learning path with customizable modules that adapt to your target job role or sector (PPP, RE, infra etc)
  • Deal case studies: Solar Parks in Rajasthan, toll roads in Brazil to LNG Terminals in UAE.
  • Bank ready output: Mirroe industry best practices, be it commercial banks, PE to multilateral financing agencies like IFC, ADB and World Bank
  • Doubt resolution sessions: Learners get access to participate in periodic doubt resolution sessions
  • Join the program designed by real-world practitioners and gain marketplace-ready skills to build project finance models used in actual deals — not just theory. 

    Self paced learning program

    Join the program designed by real-world practitioners and gain marketplace-ready skills to build project finance models used in actual deals—not just theory. Unlike typical academic or generic Excel courses, Project Finance Pro is built for serious learners aiming to work on live infrastructure, energy, and PPP transactions. The templates you’ll use in this course are the same ones used in real deal rooms—bank-ready, audit-proof, and built to impress lenders, investors, and sponsors. You’ll learn how to size debt, structure equity waterfalls, assess DSCR, and model cash flows with precision and purpose. Every formula you build, every assumption you test, and every dashboard you create will reflect real-world deal logic. By the end of the program, you’ll not only understand the financial structure of large-scale projects—you’ll be ready to walk into your workplace and start modeling with confidence from Day 1. This is the practical, career-ready edge the market has been missing.


    Read below to understand why CFA MasterTrack from Krawl Edutech ensures passing CFA Level 1 in a single attempt ?

    Project Finance Pro gives you real-world deal experience, bank-grade Excel templates, global case studies, job-ready skills, deep structuring knowledge, and direct mentorship—so you can model, analyze, and contribute to actual deals post course completion Day 1.

    Learn real world deal making

    Real-world deal experience, bank-grade Excel templates, global case studies, job-ready skills, deep structuring knowledge, and direct mentorship—so you can model, analyze, and contribute to actual deals from Day 1.

    Bank ready excel templates

    Use professional-grade, lender-approved financial models that are immediately applicable in real-world project finance scenarios..

    Real world Case studies

    Study actual deals from India, the Middle East, and beyond to understand how different markets shape project finance structures.

    Work place ready skills: day 1

    Walk into your job with confidence, armed with tools and modeling logic used by top-tier project finance professionals.

    Deep dive in to structuring

    We strictly follow the CFA Institute study materials, supplemented by Krawl’s expert revision notes. There is no short cut; we prepare you based on the learning outcome of the CFA Institute. No cheat sheet !

    Doubt sessions

    Receive expert feedback and doubt learning sessions to sharpen your modeling skills and apply them with real confidence.

    What you will learn

    Real world skills

    • Build a fully integrated project finance model from scratch in Excel: Learn how to model revenues, costs, debt, equity, and cash flows in a structured, auditable format.Learn how to model revenues, costs, debt, equity, and cash flows in a structured, auditable format.
    • Structure debt using DSCR, sculpting, and repayment schedules: Master the art of debt sizing and repayment logic based on real lender requirements and covenant thresholds.
    • Model equity waterfalls, IRRs, and shareholder returns: Understand how equity contributions flow through the model and how to evaluate investor returns in layered capital stacks.
    • Translate term sheets into financial model logic: Learn how to interpret real lender and sponsor term sheets and reflect their terms accurately in your model.
    • Conduct sensitivity, scenario, and break-even analyses: Stress test your models to assess how changes in assumptions impact returns, viability, and lender comfort.
    • Design robust input sheets, summary dashboards, and output reports: Build models that are clean, navigable, and presentation-ready for investors and credit committees.
    • Understand key project finance ratios like DSCR, LLCR, and Project IRR: Learn what these ratios mean, why they matter, and how to calculate and interpret the project metrics.
    •  Analyze project feasibility across sectors (infrastructure, energy, transport, PPPs): Apply your modeling skills to real-world sectoral case studies that reflect how deals are structured in different industries.
    • Create lender and investor pitch outputs from your model: Go beyond numbers—build the outputs and visuals needed to present and defend your project to stakeholders.
    • Get feedback from practitioners and improve in real-time: Submit your model builds, receive expert feedback, and continuously refine your work through guided mentorship.

    Learning Outcome

    Evaluating actual models with case studies to assess the overall economics of projects.

    Understand project finance models in the context of finance theory in relation to subtle issues associated with contract structuring, debt sizing, debt funding, debt repayment, debt servicing costs, and credit enhancements.

    Interpret models developed by other people and add master scenario pages to any model using case studies of actual models.

    Evaluating actual models with case studies to assess the overall economics of projects.

    Create flexible models with effective summary statistics to evaluate alternative timing, operating assumptions, financial structures, re-financing, and contract pricing.

    Work through the difficult problems in project finance modelling, including complex cash flow waterfalls with balloon payments and mini-perm structures as well as the sizing of debt with capitalized interest and alternative drawdown schedules.

    Flexible debt sculpting with income taxes.

    Understand the benefits of creating user-defined functions rather than copy and paste macros to resolve any circular reference problems in project finance models, including funding problems and debt sculpting.

    Learn Excel techniques to make better presentations from models and to make models more transparent and efficient.

    Who should attend

    The course is designed for a variety of users:.

      • Consultants who create, audit, and review financial models.
      • Government agencies who regulate the prices of electricity and infrastructure.
      • Financial advisors who structure debt agreements and other contracts.
      • Financial advisors who develop the valuation of projects.
      • Project finance credit analysts at financial institutions.
      • Project finance fund managers who buy and sell projects.
      • Insurance company and pension fund managers who invest in projects.
      • Project developers of energy and infrastructure projects.
      • Privatisation specialists who value projects.
      • Relationship managers who need to interpret financial models.
      • Credit/Investment committee staff of financial institutions.
      • EPC contractors and project finance research analysts