Project Finance refers to the long-term finance of projects related to infrastructure or industries. Project finance is based upon the projected cash flows of the project and not the balance sheets of the project sponsors. It is especially very productive for the private sector because it allows companies to fund major projects off the balance sheet. For instance, for projects such as metro line in a city or road construction, huge investments are required. If a private company were to take up these projects, an investor would be needed to put in the money which he can do after evaluating potential cash flows required for the project. Here’s how Financial Modelling assists in project finance because it aids in creating forecasts about revenues and expenditures, evaluating projects and assisting in preparing project finance reports that are finally presented to the investors. If you pursue a course in Financial Modelling, it would definitely prepare you for project finance as well.