Investment Financing

Introduction

The training Course “Investment Financing” is structured into three self-contained teaching/thematic Units, lasting three, two and three months respectively. Entering into contracts is an everyday reality in modern business. Businesses enter into contracts even before they are established. However, in order to survive in today’s economic climate and in the “market” in general, they are required to conclude all kinds of contracts, negotiate their terms, amend them and terminate them at the lowest possible cost or the greatest possible benefit, so that they can survive. Therefore, business owners, and above all business executives who conduct negotiations, must either have a legal adviser at their side at all times (which is impossible) or have the basic knowledge needed, in the early stages of negotiations, to identify the terms that must be agreed in principle, so as to conclude the best possible commercial agreement with the lowest possible risk. This Course provides the necessary legal and, to a certain extent, practical background for achieving the above objectives. A further aim of the Course is to develop an understanding of documentary credits, with examples and self-assessment tests in each Unit. Finally, the aim of this distance learning Course is for trainees to acquire comprehensive knowledge, excellent information and the ability to understand all the individual features governing the preparation of investment plans, as well as the methodologies for evaluating investments and business plans, with particular emphasis on the preparation of productive Investment Plans submitted under the development laws and of investment plans implemented in accordance with the specifications of the new National Strategic Reference Framework (NSRF). The objective of this distance learning Course is, therefore, to provide comprehensive and flexible training and to approach, both theoretically and practically, the technique of drafting and preparing Feasibility Studies, as well as the financing and evaluation of investment plans.

Units

I. Letters of Credit – A Useful Tool in International Trade (Duration 2 months / 30 hours / 1.15 ECTS)

II. Preparation of Feasibility Studies – Investment Plans (Duration 3 months / 80 hours / 3.08 ECTS)

III. Modern Forms of Contracts: Drafting and Legal Perspective (Duration 3 months / 29 hours / 1.12 ECTS)

Scientific Director

Emmanuel Tsiritakis,

Professor, Department of Banking and Financial Management, University of Piraeus

Target Audience

The course is aimed at:

Graduates and students of schools of economics
Executives of financial institutions
Professionals in the wider banking sector
Students and graduates of universities, technological institutes (TEI) and vocational training institutes (IEK).
Researchers, investment, banking and business consultants, employees of organisations and anyone engaged in business activity

Admission Requirements

Participants must have:

Basic computer skills
Internet access
A personal email account

Delivery Method

The Course is delivered entirely online through simple educational software (an asynchronous e-learning platform), with digital Educational Material and continuous educational support. Once a candidate has been accepted onto the Course, a user account is created on the e-learning platform, giving access to the Unit of their choice. Within each Unit, the responsible instructor’s electronic Educational Material is posted on the e-learning platform on a weekly basis. The Educational Material includes electronic notes with theory and examples in PDF format, which can be saved and printed so that study is also possible offline. During the Course, assignments or self-assessment tests may be set. Trainees have access, at any time and from anywhere with an Internet connection, to all the activities, information sources and announcements of each Course, and are provided with the instructor’s contact details for resolving queries. Participants should:

study the material and the notes
use the links related to the course material
submit assignments, self-assessment tests and final examination answers

Type of Certificate

Trainees who successfully complete the Course are awarded a Training Certificate by KEDIVIM of the University of Piraeus, together with a Supplementary Annex. If successful completion of the Course is not possible owing to discontinuation of studies or failure in the examinations, the trainee is awarded a Certificate of Attendance by KEDIVIM of the University.

See a sample of the certificate awarded here

Teaching/Thematic Units

1Teaching/Thematic Unit 1: Letters of Credit – A Useful Tool in International Trade

1.1 INTRODUCTION

1.2 THE CREDIT CYCLE IN INTERNATIONAL TRADE (IMPORTS-EXPORTS)

1.3 DEFINITIONS

1.4 ISSUANCE, ADVICE AND CONFIRMATION OF A DOCUMENTARY CREDIT

1.5 AMENDMENT OF THE CREDIT

1.6. EXECUTION OF THE CREDIT / PRESENTATION OF SHIPPING DOCUMENTS

1.6.1 PLACE AND TIME OF PRESENTATION

1.6.2 INTERPRETATIONS AND GENERAL GUIDELINES FOR DOCUMENTS AND THEIR EXAMINATION

1.6.3 THE DOCUMENTS IN DETAIL

1.6.3.1 INVOICE

1.6.3.2 TRANSPORT DOCUMENTS

1.6.3.2.1 Road, rail or inland waterway transport document

1.6.3.2.2 Air Waybill

1.6.3.2.3 Bill of Lading (marine)

1.6.3.2.4 Non-negotiable Sea Waybill

1.6.3.2.5 Charter Party Bill of Lading

1.6.3.2.6 Transport document covering more than one mode of transport – Combined or multimodal transport document

1.6.3.2.7 Post Receipt/Certificate of Posting – Courier Receipt

1.6.3.3 INSURANCE DOCUMENTS

1.6.3.4 CERTIFICATE OF ORIGIN

1.6.3.5 WEIGHT CERTIFICATE / WEIGHT LIST

1.6.3.6 PACKING LIST

1.6.3.7 MISCELLANEOUS CERTIFICATES AND DECLARATIONS

1.6.4 THE DOCUMENTS AT THE BANKS

1.6.5 EXAMPLE OF A CREDIT TEXT WITH TERMS THAT MAY CAUSE PROBLEMS

1.7 EXECUTION OF THE CREDIT / PAYMENT

1.8 TRIANGULAR TRANSACTIONS AND TRANSFERABLE CREDITS

1.9 DOCUMENTARY CREDIT CHARGES

2Teaching/Thematic Unit 2: Preparation of Feasibility Studies – Investment Plans

2.1 Investment Plan

2.2 Appraisal of Investment Plans

2.3 Financing Investment Plans

2.4 Financial Instruments for Boosting Business Liquidity

2.5 Guidelines for the Implementation of Approved Investment Plans

2.6 Development Law 4399/16 (Purpose, Aid Provided, Innovations, Procedures for Submitting Investment Plans)

2.7 Incentives Provided through the EU-funded NSRF (ESPA) 2014-2020 Programmes

2.8 Studies in the Investment Sector

2.9 Methodology for Preparing Feasibility Studies

2.10 Prospects for Profitable Activity – Viability of the Unit

2.11 Examples of Calculating the Main Costs

2.12 Examples of Preparing a Feasibility Study in the Primary and Secondary Sectors

3Teaching/Thematic Unit 3: Modern Forms of Contracts: Drafting and Legal Perspective

3.1 Introduction – The modern economic environment – Definition of a contract – Freedom of contract and its limits.

3.2 The negotiation stage. Liability arising from negotiations.

3.3 Formation of contracts – Basic contractual terms – Clauses – Unfairness – Adhesion contracts. Nullities.

3.4 Sale contract – Distance selling (E-commerce).

3.5 Lease agreement – Legal framework – Rights and obligations of the parties.

3.6 Employment contracts – Contracts for work and independent services. A brief overview

3.7 Financial leasing contracts (Leasing) – Elements of the contract – Type of contract – Legal framework, etc.

3.8 Banking contracts. General Terms and Conditions

3.9 Cooperation and intermediary trade contracts: Distribution, Agency and Franchise Agreements.

3.10 Modern forms of tourism and hotel contracts (allotment contract, time-sharing contract, package travel).

3.11 Contracts concerning intangible assets: Domain name, Trademark and Intellectual Property Rights agreements.

3.12 Performance of contracts – Breach of terms. Judicial or out-of-court dispute resolution – Developments in case law.

Learning Outcomes

Upon successful completion of the Course, trainees will be able to:

✔️ Prepare and evaluate a feasibility study ✔️ Develop various strategies ✔️ Solve problems and apply different ways of thinking. ✔️ Know the basic terms of modern contracts ✔️ Recognise the concepts of the investment plan, its significance and its evaluation criteria ✔️ Recognise the main issues of pre-investment studies. ✔️ Make decisions. ✔️ Process data. ✔️ Understand economic developments. ✔️ Handle documentary credits with relative ease, which is important for anyone working in this field. ✔️ Understand the standards for feasibility studies. ✔️ Understand and apply the methods of financial analysis and investment appraisal ✔️ Understand the importance of contracts in modern business. ✔️ Apply the knowledge provided

Assessment

The examination process takes place remotely via the e-learning platform, with the final examination questions and exercises posted in the form of an assignment with a deadline for submitting answers. Late participation in the final examination may be arranged in consultation with the trainee, provided that no more than one year has passed since their registration in the relevant teaching unit.

Discount Policy

The following discount categories apply:

GROUP A: Unemployed persons, members of large families and families with three children, persons with disabilities, graduates and students of the University of Piraeus, employees of the University of Piraeus (permanent or under contract), municipal employees
GROUP B: Undergraduate students of universities/technological institutes (AEI/TEI) or persons up to 30 years of age holding a European Youth Card, participants of previous cycles, registration for at least two courses in the same period

Please note that:

Discounts are not cumulative.
Each trainee may benefit from only one discount category.
Participants entitled to a discount must submit the supporting documents that will be requested.

Course Fee after discount

	GROUP A	GROUP B	NO DISCOUNT
Total Course Fee	670	800	940
Fee for Thematic Unit 1	170	200	240
Fee for Thematic Unit 2	250	300	350
Fee for Thematic Unit 3	250	300	350

Payment of Fees

Fees are payable in a single payment or in equal monthly instalments, the number of which corresponds to the duration of the Teaching Unit in months, provided that the fees are paid in full 2 weeks before the end of the Teaching Unit. Failure to pay any instalment will result in the automatic exclusion of the candidate from the remainder of the Course, the examinations and the award of the certificate.

940,00 €

Duration:	8 Months / 140 Hours
ECTS:	5.38
Field of Study:	Finance
Language:	Greek
Scientific Director:	Emmanouil Tsiritakis

Educational Material

Electronic Notes

ENROL