Project finance modelling from Penelope Lynch
Penny Lynch draws on more than twenty-five years of modelling experience and more than a decade of teaching in this field to offer a wide choice of training and mentoring opportunities. These range from highly personalised one-on-one mentoring, to formal training for groups of up to sixteen.
Formal training can be provided in-house for a single organisation, or as public courses open to delegates from many companies, and comprises a range of generalised project finance modelling courses at introductory and advanced level, plus a selection of specialist modules. Mentoring can be a single session for one individual, or offered at regular intervals to members of a team or department in association with a more structured agenda.
The majority of courses are aimed at those directly involved in writing or using spreadsheet models for project finance, PPP, PFI or cash-flow based corporate finance deals. Typical delegates are from banks, project sponsors and consulting firms. Delegates also, however, include those less obviously involved in the modelling process, for example lawyers, public sector PFI partners, government agencies and insurers. Some of the specialist modules are intended to meet the needs of these organisations in particular, and a number are specifically designed for those needing to use and understand models and model outputs, without themselves having any direct interaction with the models.
The more generalised modelling courses have a high practical content and are intended to give a solid basis for future modelling, rather than offering a 'tips and tricks' approach which may provide limited help when confronted with the high-pressure reality of producing results in a live deal.
After many years of offering her courses through Euromoney training, Penny will be conducting her last course for them in November of this year in order to focus on her independent training activities.
These courses are open to individuals from any organisation, and usually take place at a venue in London. Information on dates, venues and fees for currently available public courses are given in the 'Public course diary'.
With scope to adapt agendas to match the specific needs of the training group, courses can be provided exclusively for one organisation, presented at their venue, for groups of two to sixteen delegates.
Structured around one of the group agendas or the workbook, one-on-one training allows exceptional flexibility to work at the pace of the individual, and to focus specifically on that individual's areas of interest or difficulty.
Mentoring provides a wholly flexible framework for Penny to work with an individual or a team. As well as offering support for modellers from novice through to expert, this can be an ideal approach for senior individuals with no interest in writing models, but needing to understand and work with them.
Individual mentoring can provide highly tailored feedback and advice on specific modelling issues for novice or experienced modellers. It can incorporate on-going help with developing live models, or with using and understanding externally prepared models for current deals, as well as offering a more general grounding in good mdelling practice.It intrinsically works at the appropriate level for the skills and experience of each individual, making it an efficient option for the experienced modeller, whilst the more private and tailored nature of the procecess can make mentoring an ideal option for those with low confidence about their mathematical or spreadsheet skills.