Aircraft Leasing - Module FI6043 | University of Limerick

Course Details

Course Code(s):

FI6043

Available:

Part-Time

Intake:

Autumn/Fall

Duration:

2 Weekends

Award:

University Certificate of Study

Qualification:

3 ECTS Credits at Level 9 on the NFQ

Faculty: Kemmy Business School

Course Type: Professional/Flexible

Fees: For Information on Fees, see section below.

Contact(s):

Name: Dr Fergal O'Brien
Address: Accounting & Finance Email: Fergal.G.OBrien@ul.ie Telephone: +353-61-202718

Express Interest

Brief Description

Please Note: Live online attendance is mandatory.

Please ensure you enter the Module Code above when applying for this module. Applications without this cannot be processed. You may apply for more than one module under the same application.

Module Description	Module Code	NFQ Level	ECTS Credits	Start Date	Cost
Aircraft Leasing	FI6043	9	3	TBC	€1,500

Course commencement is subject to internal validation and approval

This micro-credential represents a single module within a larger further award (eg. Certificate, Diploma, Masters). By taking this micro-credential you may be eligible to apply for a credit exemption should you progress to study for a further award. The programmes associated with this MicroCred are:

Aviation Leasing & Finance - Professional Diploma

New Women in Aviation International Scholarship Programme Announced for the Kemmy Business School at UL

The new Women in Aviation International Scholarship programme is a partnership agreement between Women in Aviation International, UL’s Kemmy Business School (KBS) and the University of Limerick Foundation.

The initiative allows for the awarding of 11 scholarships for female students enrolled in the Professional Diploma in Aviation Leasing at the KBS, which is the first level 9 university-accredited programme in Ireland tailored for the Aviation Leasing sector.

For more information contact: Harriet Cotter Email: harriet.cotter@ul.ie

Download the WIAI Scholarship Application Form here

This unique module is the world's leading academic course on aircraft leasing. More than half of all commercial aircraft are currently leased and this important module aims to provide students with a thorough and systematic coverage of the important aspects of aircraft leasing and it explains why this financing mechanism has become a core competency when acquiring aircraft. The five major objectives of the module are:

To provide a thorough examination of the aircraft and engine leasing market
To outline the different mechanisms that are available to finance aircraft
To provide a comprehensive analysis of the content of an operating and financial lease
To determine how aircraft are financially valued throughout their economic
To provide students with experiential learning of the how aircraft operating leases are negotiated between leasing companies and airlines

Learning outcomes:

On the successful completion of this module participants will understand:

Cognitive:

Distinguish between and examine the aircraft and engine leasing business and its trends
Discover the different types of financing including securitisation that is available in the marketplace when procuring aircraft
Establish the crucial terms in operating leases, such as deposits, maintenance reserves, return provisions, operating restrictions and defaults
Formulate and negotiate an aircraft/engine leasing letter of intent
Identify and examine the legalities and associated risks of aircraft asset management

Affective:

Display a level of expertise in aircraft leasing contracts           
Participate in valuing aircraft throughout their economic life cycle
Display a culture of 'fine tuning' a leasing contract so that it meets the customer requirements                             
Attempt to visually match the condition of the leased aircraft to the specifications set out in the lease agreement.

Assessment:

There is no final exam for this module. You will be assessed through 1-2 continuous skill-based assignments, provided by your lecturer.

The programme is open to managers and supervisors from a variety of disciplines or those aspiring to a managerial role with three to five years organisational experience in a relevant field.  Completion of an NFQ level 8 qualification or equivalent is required.

Entry requirements are established to ensure the learner can engage with the course material and assessments, at a level suitable to their needs, and the academic requirements of the module. By applying to this micro-credential, you are confirming that you have reviewed and understand any such requirements, and that you meet the eligibility criteria for admission.

Successful completion of this module does not automatically qualify you for entry into a further award. All programme applicants must meet the entry requirements listed if applying for a further award.

€1,500

HCI Micro-Credential Course Learner Subsidy - Candidates who satisfy the eligibility criteria can qualify for 50% funding subject to the availability of places. To clarify eligibility please go to Eligibility Criteria

This module has secured funding under the Aviation Skillnet. Eligible companies and individuals can secure a 25% contribution towards course fees. For funding information only, you or your employer should contact Maeve O’Neill, at 061 423622 or maeve@icbe.ie, to confirm that you are eligible for support. Subject to terms and conditions.