BUSE 3331: From Prospect to Production to Kilowatts: The Business of Energy. FALL & SPRING
BUSE 4332: Energy and Environmental Law. SPRING ONLY
BUSE 4333: Business Management, Planning and Analysis in Energy. SPRING ONLY
BUSE 4334: Global Energy Markets, Business and Policy: Spikes, Myths and Risks. FALL ONLY
FINA 5345: Energy Project Valuation and Finance. SPRING ONLY
BUSE 3331: From Prospect to Production to Kilowatts: The Business of Energy. This course provides the business student with an overview of the business of the modern energy industry. The course will provide students an in-depth understanding of the petroleum, natural gas, coal, power generation and alternative fuels market segments with a focus on structure, key business drivers, and technologies. The course will also explore key business issues facing the industry including sustainability, globalization and business/government relations. Prerequisites: ACCT 2301, FINA 3320 or ECON 4368or EMIS 2360. GEOL 1301 recommended.
BUSE 4332: Energy and Environmental Law. This course examines the legal and regulatory issues applicable to energy as they relate to finance, investment and the economics of the business. The goal is to provide the students with the basic tools of the energy professional so they can identify and analyze the legal and regulatory issues related to energy and resource development and operation, property acquisition and divestiture, and project valuation and financing. Prerequisite: BUSE 3331, BL3335
BUSE 4333: Business Management, Planning and Analysis in Energy. This course examines analytical, economic, and financial concepts of the modern energy industry as they relate to planning and decision making in the firm, with a particular emphasis on oil and gas and power generation. Topics include capital structure, reserve valuation, royalties, production sharing agreements, and managing risk and uncertainty. Prerequisite: BUSE 3331
BUSE 4334: Global Energy Markets, Business and Policy: Spikes, Myths and Risks. This course examines the interrelationship between the economics of global energy markets, business profitability and public policy as it relates to the energy business. Topics include the principles of exhaustible resource economics and their impact upon business decision-making, the impact of price shocks on the industry and the overall economy, and the global policy and regulatory environment faced by the industry. Prerequisite: BUSE 3331 or permission of instructor.
FINA 5345: Energy Project Valuation and Finance. Learn valuation, organization and funding of major energy industry projects. Examine sources of external finance, energy banking, non-recourse financing and links between project structure and financial performance. Recognize the volatility of energy prices and master techniques to assess and manage commodity price risk, basis risk and effective hedging strategies. Laptops with MS Excel and advanced spreadsheet tools required in class. Prerequisites: FINA 3320, finance or financial consulting majors, senior standing. Reserved for Cox majors.