ENERGY STRATEGY
& FINANCE
PROGRAM
IS THIS PROGRAM FOR YOU?
• You are responsible for enhancing long-term strategy while demonstrating a commitment to organizational growth within an ever-changing environment.
• You are interested in strengthening the productivity and financial literacy of your team while improving your interpersonal skills to build stronger alliances.
• You are a service provider or supplier who could benefit from the depth of research and communication tools applied within this certificate.
PROGRAM HIGHLIGHTS
• Graduate with a dual Executive Education Certificate from The University of Texas and the University of Alberta, highlighting an academic partnership serving a global business environment. • Gain insights from award-winning faculty in their
respected fields, contributing innovative research specific to the demands faced by your team. • Connect with professional counterparts facing
similar challenges on an international scale in their own backyard, where their economy is tied directly to the energy industry.
• Opt for the flexibility to complete one module per year and graduate with the full certificate over the period of two years.
The McCombs School of Business at The University of Texas, and Executive
Education at the University of Alberta have initiated a partnership to serve
leaders seeking a competitive edge in the ever-evolving, global context of
the Energy industry. The Energy Strategy and Finance Certificate is newly
developed and encourages participants to challenge modern perspectives,
as well as gain relevant, practical knowledge from world-leading
academics, local industry experts and prominent guest speakers.
“We’re pleased to be working with the
University of Alberta to help energy
professionals enhance their business acumen,
with leading faculty delivering content
tailored to this industry.”
DR. GAYLEN PAULSON
ASSOCIATE DEAN & DIRECTOR
TEXAS EXECUTIVE EDUCATION
“Building on Alberta’s global expertise and strong networks,
the Alberta School of Business places significant value on
collaborative learning, as highlighted through the launch of our
new Energy Strategy & Finance certificate, delivered with The
University of Texas at Austin, McCombs School of Business.
We are proud to align our teaching and research to shape
energy markets, build sustainable growth and bolster
transformational governance, three constructs that are
essential to international corporate leaders and policy makers.”
DR. JOSEPH DOUCET
STANLEY A. MILNER PROFESSOR AND DEAN
ALBERTA SCHOOL OF BUSINESS
Strategic Energy Sourcing & Risk Management
Module
Austin, Texas
AT&T Executive Education and Conference Center, McCombs School of Business
THE POLITICAL ECONOMY OF ENERGY
This session covers the geopolitics of global energy markets. We start by examining the case for the continued dominance of hydrocarbons as an energy source for the near future. Other sources of energy, both renewables as well as those involving newer technologies such as fracking, will also be examined in the context of carbon management, environment regulation, climate change, and national security. Economics and politics of energy transmission, such as oil pipelines and electricity grids will be discussed to conclude with the evolving nature of national energy policies.
ENERGY FINANCE
This session provides participants with an in-depth understanding of energy finance by addressing three areas within an energy context: pricing, asset valuation, and risk management. The program begins by placing energy markets in the context of global financial markets, and analyzing their subsequent reactions.
DECISION MAKING & RISK MANAGEMENT
This session presents relevant approaches for modeling decisions and uncertainties that arise in the context of oil and gas project management. These risks include those associated with estimates of hydrocarbon reserves and recovery rates, as well as the economic risks related to investment costs and oil prices.
MANAGING EXTERNAL STAKEHOLDER RELATIONSHIPS
This session examines the management of ethical, legal, political and cultural risks (and opportunities) associated with developing energy projects in emerging markets, including upstream and downstream oil and gas investments. We will focus on companies’ social responsibility efforts, the management of relationships with external stakeholders, and how politics, culture and law structure companies’ relationships with governments and other stakeholders in emerging markets.
CANMORE, ALBERTA
Silvertip Resort
AUSTIN, TEXAS
AT&T Executive Education
and Conference Center
Energy Markets & Valuation
Module
Canmore, Alberta
Silvertip Resort, Alberta School of Business
ENERGY MARKETS & INVESTMENTS
This session concentrates on the financial evaluation of major energy investments. During this session, potential investments in oil sands production, oilsands upgrading, new and retrofit refineries, and renewable energy will be discussed. For each project type, the key value proposition will be examined and a financial case for the investment will be developed.
MANAGING THE PETROLEUM SUPPLY CHAIN
This interactive session will examine the trends and issues relating to the petroleum supply chain and how this area may be improved. The discussion of petroleum supply chain management will be supplemented by a short case study designed to illustrate the interplay between various production and market factors in the management of a petroleum supply chain.
BUSINESS VALUATION
This session walks participants through the valuation tools and techniques used to estimate enterprise values and large-scale investments in power plants, refineries, and oil and gas development projects. The majority of the class features hands-on exercises using Excel and other add-in packages with the goal to gain model-building and interpretation skills and become an intelligent consumer of models encountered when valuing projects and companies.
MERGERS, ACQUISITIONS & CORPORATE GOVERNANCE
The financial and economic aspects of corporate mergers, restructuring, downsizing and bankruptcy will be examined. Relations between corporate structure and performance will be investigated along with potential market inefficiencies. Specific attention will be paid to the roles of top management and boards of directors to examine best practices within a corporate governance structure.
Register online at www.mccombs.utexas.edu/execed or call 512-232-6711
Register online at www.mccombs.utexas.edu/execed or call 512-232-6711
PROGRAM DETAILS
Time:
Monday - Friday, 8:30 am – 4:00 pm, with an additional evening Reception on Monday evening.Locations:
UT-Austin Module – AT&T Executive Education and Conference Center,
McCombs School of Business (Austin, Texas)
Alberta Module – Silvertip Resort,
Alberta School of Business (Canmore, Alberta)
Cost:
Full Certificate: $11,000;
Individual Module: $5,500
Fees include course delivery, all program materials, breakfast, lunch and refreshments Pre-course materials will be sent via email (where
applicable) prior to each session start date.
REGISTRATION AND PAYMENT
Payment is due prior to the commencement of the program. Acceptable methods of payment include: credit card (MasterCard, American Express or Visa), purchase order/invoice to the organization, or check made payable to The University of Texas at Austin. If you choose invoice as your payment option, please be advised that we require a purchase order or letter of authorization from your organization to accompany actual payment.
REGISTRATION OPTIONS
Online:
www.mccombs.utexas.edu/execedBy phone:
512-232-6711By fax:
512-471-0853Managing
External
Stakeholder
Relationships
ChristopherMeakin
Energy Markets
& Investments
Dr. Andrew LeachThe Political
Economy of
Energy
Dr. Joseph DoucetOpening
Reception &
Welcome
with McCombs Leadership teamOpening
Reception &
Welcome
with Alberta Leadership teamMONDAY,
MAY 12
MONDAY,
SEPTEMBER 8
DATE/
TIME
DATE/
TIME
AM
AM
PM
PM
EVENING
EVENING
WEDNESDAY,
MAY 14
WEDNESDAY,
SEPTEMBER 10
TUESDAY,
MAY 13
TUESDAY,
SEPTEMBER 9
FRIDAY,
MAY 16
FRIDAY,
SEPTEMBER 12
THURSDAY,
MAY 15
THURSDAY,
SEPTEMBER 11
The Political
Economy of
Energy
Dr. Joseph Doucet
Managing the
Petroleum Supply
Chain
Dr. Edy WongEnergy
Finance
Dr. Ehud RonnManaging
External
Stakeholder
Relationships
Christopher MeakinBusiness
Valuation
Dr. John C. ButlerEnergy
Finance
Dr. Ehud RonnDecision
Making & Risk
Management
Dr. Jim Dyer
Mergers,
Acquisitions
& Corporate
Governance
Dr. Randall MorckEnergy
Finance
Dr. Ehud RonnDecision
Making & Risk
Management
Dr. Jim DyerMergers,
Acquisitions
& Corporate
Governance
Dr. Randall Morck 12noonGraduation
Reception &
Lunch
12noonGraduation
Reception &
Lunch
ENERGY STRATEGY & FINANCE CERTIFICATE
ENERGY STRATEGY & FINANCE CERTIFICATE
STRATEGIC ENERGY SOURCING & RISK MANAGEMENT MODULE
Program Dates at McCombs School of Business, Austin, Texas
ENERGY MARKETS & VALUATION MODULE
Program Dates at Alberta School of Business, Canmore, Alberta
More than 21 calendar days prior to program start Transfer: No transfer fee. Cancellation: Full refund of the program cost.
Transfer: $200 transfer fee. Cancellation: 50% refund of the program cost.
Transfer: $200 transfer fee.
No transfers allowed after program start date.
Cancellation: No refund of the program cost.
Between 21 and 5 calendar days prior to program start
Within 5 calendar days of program start
For More Information, please contact Lynn Slattery:
[email protected], or 512-232-9462
TRANSFER & CANCELLATION POLICY
Notification of transfer or cancellation from the program must be received in writing via email at least three full weeks (21 calendar days) prior to the program start date.
McCOMBS SCHOOL OF BUSINESS
EXECUTIVE EDUCATION
ALBERTA SCHOOL OF BUSINESS
EXECUTIVE EDUCATION
While every effort is made to ensure the accuracy of the information contained within this material, program dates, content, and instructors are subject to change. Apr 2014 When you enroll in a Texas Executive Education
program, you acquire effective solutions to your business challenges and transform your thinking on key business issues. You can also look forward to an invigorating atmosphere with inviting views of Austin and the university to put you in the right state of mind. At our AT&T Executive Education and Conference Center, you will build your business acumen while enjoying the comforts of four-star quality accommodations. Being on campus affords you greater access to the University’s vast resources and community as well as more opportunities to interact with other senior executives during your leadership development experience.
Executive Education is one of the four pillars of the Alberta School of Business. As the School’s professional development provider, we serve clients across all industries and in the public sector. With over 60 programs offered and serving over 6000 registrants per year, we continue to work toward becoming the leading executive education source in Canada. As Alberta’s premier broker of intellectual capital, we focus on providing education solutions that enable today’s business leaders in government, publicly traded companies, and privately held organizations to lead change and increase organizational performance.
