DEVP 296
Innovative Finance for Development
This course will focus on the means and methods of finance applied to social, economic, and environmental challenges facing developing economies. It will survey the application of innovative financing emerging through new products and services, new processes and operations and organizational forms in addressing problems as diverse as entrepreneurial finance, renewable energy, environmental finance, global health, accelerating medical solutions, regional development, affordable housing, urban revitalization and infrastructure.
Topics
- In addition to understanding the evolving field of development finance, students will discover why capital structure matters in aligning diverse interests into new business models for sustainable social and economic change and develop capacity in designing appropriate financial products/structure.
- Students will acquire and apply data gathering, economic, and financial analytical skills to identify specific market failures in developing economies enabling them to apply appropriate financial tools to bridge capital gaps for project and enterprise finance.They will: • Design and construct an innovative finance application in a developing economy; • Measure, analyze and report development impacts of an innovative finance project; • Identify and develop how a development impact investment would benefit and expand capital access through the creative use of innovative financing tools; • Assist a high-impact project to access flexible market and below-market financial tools; • Identify how to structure the transaction and identify potential interested partners with aligned interests in the proposed project.
Official catalogue course objectives and student learning outcomes
Sources
- Course catalogue ↗2026-2027