Energy Business and Finance

Energy business and finance students working on a class project

Overview

The solutions to society's existing and emerging energy challenges require interdisciplinary approaches integrating economics and business with the technical knowledge of energy systems and implications for our environment. The Energy Business and Finance (EBF) program in the College of Earth and Mineral Sciences offers such a transformative approach by integrating the study of energy economics and decision-making within an engineering department. The John and Willie Leone Family Department of Energy and Mineral Engineering is one of the few in the world to place both engineering and energy economics education under the same academic roof. Our commitment to interdisciplinary study was recently advanced by John and Willie Leone's gift of $5 million to support joint education in energy economics and engineering.

The EBF program emphasizes risk analysis and decision-making related to energy systems and environmental issues. Students are challenged to examine problems using rigorous quantitative analysis. The program offers academic tracks in energy economics, energy systems, and geographic information sciences. There are strong employment opportunities for our graduates in the energy sector, and our graduates are well-trained to enter both law and business school. The EBF program has already had substantial success. Building upon the long and respected tradition in EMS for Mineral Economics, in a few short years EBF has become the largest major in the College. We believe, however, that our interdisciplinary educational approach has only begun to scratch the surface of EBF's potential. Our alumni now work in a variety of energy and consulting companies, as well as financial trading houses and federal agencies.

Our graduate option in Energy Management and Policy (EMP) has also attracted a strong pool of applicants from around the world. Together with our international faculty cohort, we are producing policy-relevant technical and economic research addressing major energy and environmental challenges faced by society. The utilization of any energy resource involves environmental consequences, thus effective energy policy requires a systems-level approach and understanding of the tradeoffs between energy utilization and avoided impacts on our environment. The EMP option admits students with technical backgrounds in science and engineering, and exposes them to a fast-paced and rigorous curriculum of energy economics, policy analysis and quantitative methods. EMP students undertake research that combine energy economics with scientific and engineering analysis under the supervision of an interdisciplinary committee. Our mission for the EMP option is simple: We seek to produce M.S. and Ph.D. graduates with deep technical knowledge and broad analytical skills, enabling them to be the energy policy leaders of tomorrow.

Insider's Guide to EBF

A complete listing of courses in the EBF curriculum can be found in the Insider's Guide to the EBF Major. All EBF students are urged to review this document, which details required core and supporting courses, introductory and advanced electives, and required option courses. This document also explains what choices students have available to meet EBF requirements. In addition, check out the List of Summertime Courses that EBF students can take during the summer sessions.