About this Course
4.7
10 ratings
1 reviews
The world is urbanizing fast. In less than a century more than 1 billion people have been urbanized. That translates into the fact that more than half of the world’s population is already living in cities. Experts forecast that very soon Africa will become one of the most urbanized continents. However, almost 70% of world’s urban population is living in the cities where governments are struggling to provide basic services like sanitation, schools, hospitals, and adequate clean water. The reason is that, their governments do not have enough money. This may also be true also for the city where you live or work. Poor infrastructure affects your daily life. Local governments struggle with mobilizing finances so that they can improve your quality of life but many times they are not aware of the right mechanisms. Imagine that your government wants to know how can they finance cities and they want you to advise – where will you begin with? Our finance experts are bringing their experience right at your Desk through this MOOC. This MOOC has five modules and in five weeks you will learn: • Financial decision making environment in urban systems • Mechanisms for mobilizing local revenues • Innovative mechanisms for financing infrastructure projects through partnerships, and • Financial decision making under uncertainties and risks We will provide you a carefully selected set of literature, quizzes and interactive discussion forums. So join our MOOC and find out the ways to make your city a better place to live in for yourself and for your next generations. (This MOOC was developed in collaboration with the United Cities and Local Governments of Africa (UCLG-Africa), African Local Governments Academy (ALGA), and Erasmus University Rotterdam)...
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Beginner Level

Beginner Level

Clock

Approx. 14 hours to complete

Suggested: 5 weeks of study, 2-5 hours per week...
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English

Subtitles: English...
Globe

100% online courses

Start instantly and learn at your own schedule.
Calendar

Flexible deadlines

Reset deadlines in accordance to your schedule.
Beginner Level

Beginner Level

Clock

Approx. 14 hours to complete

Suggested: 5 weeks of study, 2-5 hours per week...
Comment Dots

English

Subtitles: English...

Syllabus - What you will learn from this course

Week
1
Clock
1 hour to complete

Welcome to the Course

...
Reading
3 videos (Total 19 min), 2 readings
Video3 videos
Introduction to UCLG-Africa7m
Introduction to UCLG-Africa and the MOOC by Dr. NaJat Zarrouk, Director of UCLG-Africa10m
Reading2 readings
Introduction to Course5m
Meet the FIAC Team5m
Clock
2 hours to complete

Introduction to Urban Finance

...
Reading
4 videos (Total 27 min), 1 reading, 1 quiz
Video4 videos
The Principles of Finance9m
Urban Local Bodies and Their Role in Managing Cities9m
Conclusions from the week3m
Reading1 reading
Readings for Week 130m
Quiz1 practice exercise
Recap for Week 120m
Week
2
Clock
5 hours to complete

Financing Current Expenditures

...
Reading
8 videos (Total 46 min), 6 readings, 1 quiz
Video8 videos
Revenues and Expenditures of a City Government4m
Basic Concepts: Principle of Subsidiarity and Decentralization7m
Conclusions: Principle of subsidiarity and decentralization3m
Sources of Current Revenues3m
Taxonomy of Goods10m
Basic Concepts: The Benefit Model7m
Conclusions from the week4m
Reading6 readings
The Principle of Subsidiarity20m
Local Governance and Decentralization20m
Intergovernmental Finances in a Decentralized World20m
Municipal Revenues45m
The Benefit Model of Local Government Finance20m
Week 2 Readingsm
Quiz1 practice exercise
Recap of Week 220m
Week
3
Clock
5 hours to complete

Financing Capital Expenditures

...
Reading
5 videos (Total 59 min), 4 readings, 1 quiz
Video5 videos
The role of the private sector, stakeholders’ involvement and financial structuring8m
Financial structuring, the environment for PPP projects, sustainable finance and the lessons learned by the Inter-American Development Bank14m
Getting private sector skills and assets through PPPs and dealing with risks15m
Conclusions and lessons learned from the Week10m
Reading4 readings
The Failure of the Cochabamba drinking water Concession in Bolivia45m
Lessons learned by the Inter-American Development Bank30m
Learning more about PPPs in the water sector45m
List of Recommended Resourcesm
Quiz1 practice exercise
Recap of Week 320m
Week
4
Clock
3 hours to complete

Financial Decision Making for Municipal Governments

...
Reading
8 videos (Total 67 min), 1 reading, 1 quiz
Video8 videos
Decision Alternative: Introducing three different approaches7m
Understanding Uncertainties8m
Risk Analysis10m
The presence of games9m
Decision Making4m
Methods for Decision-Making9m
MCA Case Study and Conclusions of Course11m
Reading1 reading
Week 4 Readings30m
Quiz1 practice exercise
Recap of Week 420m
4.7

Top Reviews

By NBFeb 21st 2018

The course is really insightful. The videos are very close to the grass root.

Instructors

Somesh Sharma

Expert, Environment and Sustainable Development Planning
Institute for Housing and Urban Development Studies (IHS)

Jaap Spronk

Professor of Financial Management Science
RSM

Meine Pieter van Dijk

Professor of Urban Management in Emerging Economies
IHS

Bernadette Ssanyu

Visiting Lecturer

About United Cities and Local Governments of Africa

The United Cities and Local Governments of Africa (UCLG Africa) is the umbrella Pan African Organization and the united voice and representative of Local Governments in Africa....

About African Local Government Academy

The African Local Governments Academy (ALGA), a Subsidiary Body of UCLG-Africa, is the response of UCLG-Africa to tackle and address the challenges facing Local Governments, as a Strategic Lever for the promotion and anchorage of quality, professionalization & performance at a local, African Level...

About Erasmus University Rotterdam

Erasmus University: a top-100 ranked international research university based in Rotterdam, the Netherlands. Our academic teaching and research focuses on four areas: health, wealth, culture and governance. Erasmus University Rotterdam: make it happen. ...

About Institute for Housing and Urban Development

The Institute for Housing and Urban Development Studies is part of Erasmus University Rotterdam. IHS operates on a global scale for almost 60 years, by offering post-graduate education, training, advisory services and applied research. We provide capacity building, advisory, research and training services, specializing in developing countries and emerging economies....

Frequently Asked Questions

  • Once you enroll for a Certificate, you’ll have access to all videos, quizzes, and programming assignments (if applicable). Peer review assignments can only be submitted and reviewed once your session has begun. If you choose to explore the course without purchasing, you may not be able to access certain assignments.

  • When you purchase a Certificate you get access to all course materials, including graded assignments. Upon completing the course, your electronic Certificate will be added to your Accomplishments page - from there, you can print your Certificate or add it to your LinkedIn profile. If you only want to read and view the course content, you can audit the course for free.

More questions? Visit the Learner Help Center.