2018-2019 Academic Catalogs

Energy Economics and Finance

Energy Economics and Finance Mission

The mission of the Energy Economics and Finance Program is to educate students in the knowledge essential for understanding the business theory, practice, and processes necessary for analyzing the feasibility of projects in the energy industry.

Energy Economics and Finance Program Goals and Outcomes

Goal Outcome
Identify and apply economic fundamentals of energy industries.1. Apply historical practice and theory of energy markets and sources of energy.
2. Examine energy industry-specific approaches to financial analysis and practice.
3. Explain renewable energy uses and markets.
Critically analyze energy projects and problems using appropriate data and technology tools.1. Use applicable data and technology in analyzing and solving energy problems.
2. Analyze and solve complex energy projects and problems.
Evaluate and interpret risk using risk measures.1. Apply tools to manage risk.
2. Evaluate and interpret risk.

Bachelor of Science with a Major in Energy Economics and Finance (120 CR)

The Energy Economics and Finance major is designed to provide a foundation in geological sciences and a rigorous selection of economics and finance courses focused on energy topics to enable students to perform business analyses as members of asset-project teams for a range of business analysis positions in the energy industry, from business and financial analyst or project analyst for an energy company or a utility, to energy loan specialist for a financial institution, to energy economist, to a corporate planner leading eventually to CFO or CEO positions and to positions as energy-audit consultants to public service commissions. The special strengths of the program include its capability to link economic and financial analysis processes and practices with energy-related issues, its ability to offer students the opportunity to enhance this link through “options” that provide specialization, and its uniqueness within the region.

The Energy Economics and Finance program is designed to prepare students to be financial analysts capable of providing value to energy organizations. To meet this objective, the curriculum builds upon a strong business core by further blending knowledge in three areas: geology, economics, and finance. The curriculum has four components: General Education, College of Business Core Requirements, required major courses, and elective options.

General Education
General Education courses38-40
College of Business Required General Education Courses
Principles of Microeconomics
Principles of Macroeconomics
Elementary Statistics
College of Business Core Requirements
ACCT 200Elements of Accounting I3
ACCT 201Elements of Accounting II3
ACCT 315Legal Environment of Business3
BIT 220Management Information Systems3
BADM 301Fundamentals of Management3
BADM 321Marketing3
BIT 318Business Communication3
BOTE 247Spreadsheet Applications3
FIN 353Corporation Finance3
Courses Required for Energy Economics and Finance Major
ACCT 321Managerial Accounting3
ACCT 415Energy Law3
BADM 416Operations Management3
ECON 312Price Theory3
ECON 320Environ and Nat Resource Econ3
ECON 410Managerial Economics3
FIN 281Fundamentals of Energy3
FIN 355Investments3
FIN 357Advanced Corporate Finance3
FIN 421International Energy Markets3
FIN 458Financial Analysis and Valuation3
FIN 459Advanced Project Evaluation3
FIN 491Seminar in Energy Topics (Energy Economics and Finance Required General Education Courses)2
GEOL 260Energy Resources3
Energy Economics and Finance Required General Education Courses
Environmental Geology with Lab
Physical Geology with lab
Electives11
(To meet the 120 SH graduation requirement)
Total Hours117-119