Minor in Energy Business and Finance

The minor in Energy Business and Finance is an offering of the College of Earth and Mineral Sciences. The minor introduces students to financial, investment, and management concepts applied to private sector organizations whose operation emphasizes the Earth and its environment, the energy and mineral industries, or the development of new and enhanced materials. The minor focuses on the leadership and information strategies characteristic of enterprises that are succeeding in a rapidly integrating global economy.

The minor provides science and engineering students an introduction to basic entrepreneurial and business concepts to help prepare them for success in a changing professional environment. It also provides other Penn State students an opportunity to focus on business strategies in the Earth resources, environmental, and materials industries. A minimum of 27 credits is required for the minor. A student enrolled in this minor must receive a grade C or better in all courses in the minor. Advising is available through the Department of Energy and Mineral Engineering academic advisors or the professor in charge.

A total of 27-29 credits are required for the minor. A grade of C or better is required for all courses in the minor.

>> Penn State policy is that students taking minors must fulfill the requirements in the Bulletin that were in effect at the time of official enrollment in the minor. The following requirements apply to all students with an EBF minor requirement term (i.e., when the student officially entered the minor) of Spring 2018 or later. Students with an earlier requirement term should refer to their degree audit for the EBF minor requirements that apply to them.

Prescribed Courses: 12 Credits

  • ECON 102 - Introductory Microeconomic Analysis and Policy (3 credits)
  • EBF 200 - Introduction to Energy and Earth Sciences Economics (3 credits)
  • EBF 301 - Global Finance for the Earth, Energy, and Materials Industries (3 credits)
  • EME 460 - Geo-resource Evaluation and Investment Analysis (3 credits)

Additional Courses: 9-11 Credits

Select 3-4 credits from: 

  • MATH 22 - College Algebra II and Analytic Geometry (3)
  • MATH 110 - Techniques of Calculus I (4)
  • MATH 140 - Calculus With Analytic Geometry I (4) 

Select 3-4 credits from:

  • STAT 200 - Elementary Statistics (4)
  • STAT 401 - Experimental Methods (3)
  • EBF 472 - Quantitative Analysis in Earth Sciences (3)

Select 3 credits from:

  • EGEE 101 - Energy and the Environment (3 credits) 
  • EGEE 102 - Energy Conservation for Environmental Protection (3 credits) 
  • EGEE 120 - Oil: International Evolution (3 credits)

Supporting Courses and Related Areas: Select 6 credits from the Following Approved List of EMS Courses:

  • EBF 401 - Strategic Corporate Finance for the Earth, Energy, and Materials Industries (3 credits)
  • EBF 402 - Energy Law and Contracts (3)
  • EBF 473 - Risk Management in Energy Industries (3 credits)
  • EBF 483 - Introduction to Electricity Markets (3 credits)
  • EBF 484 - Energy Economics (3 credits)
  • EGEE 401 - Energy in a Changing World (3 credits)
  • EME 444 - Global Energy Enterprise (3 credits)
  • GEOG 424 - Geography of the Global Economy (3 credits)
  • GEOG 430 - Human Use of Environment (3 credits)
  • GEOG 431 - Geography of Water Resources (3 credits)
  • GEOG/EME 432 - Energy Policy (3 credits)
  • GEOG 444 - African Resources and Development (3 credits)
  • GEOG 469 - Energy Industry Applications of GIS (3 credits)
  • GEOSC 402 - Natural Disasters (3 credits)
  • GEOSC 454 - Geology of Oil and Gas (3 credits)
  • METEO 473 - Application of Computers to Meteorology (3 credits)