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College of Business Energy Management MBA Programs

Frequently Asked Questions

Q:  Please briefly describe the new energy MBA program at the University of Wyoming?

A:  The UW College of Business, in cooperation with the University’s School of Energy Resources, is launching a new optional energy management degree program in conjunction with its General MBA program. This comprehensive 21-month MBA program includes two semesters of energy management courses and an energy-focused summer experiential project. 

Q:  Are the energy MBA programs replacing UW’s general management Full-Time MBA program?

A:  No, the energy MBA emphasis will enhance, rather than supplant, the general management MBA program.  The Energy Management MBA will include not only the energy-related electives in the second Fall semester of the General MBA program, but also an energy-focused summer experiential project and  a second Spring semester of MBA-level, energy-oriented business courses.  Students will also benefit from a program-long series of on-campus “‘energy seminars” to be presented by invited leaders and experts in their fields.

Q:  What type of energy industries will be covered in the curriculum?

A:  “Energy” in the context of the UW MBA energy programs refers to both traditional hydrocarbon energy businesses (e.g., coal, oil and natural gas), the power generation industry, as well as to alternative energy (e.g., renewables, nuclear and cogeneration).  The programs will address the total industry-specific value chains including extraction and production, processing and conversion, and marketing and delivery in each industry segment.

Q:  Generally speaking, what type of expertise will students have upon graduation from the energy program?  

A:  Our graduates will be well grounded in energy management business disciplines with the following abilities:

    • Critical Thinking, Problem Solving, and Decision Making Skills
    • Business Management Skills with Ethical Applications that will Compliment their Technical Expertise
    • Ability to take on More Responsibility within the Firm Sooner
    • Global Business Exposure 
    • Enhanced Communication Skills – Written and Oral
    • Heightened Strategic Planning Abilities

Q:  What core and elective classes will be included in the Energy Concentration and Energy Management MBA curriculums?

A:  The core curriculum for all UW MBA programs is as follows:

Fall First Year
Financial Accounting (3 credit hours)
Business Research Methods (3 credit hours)
Managerial Economics I (1 credit hour)
Organizational Behavior and Human Resource Management (3 credit hours)
Decision Making (3 credit hours)
Professional Development I (0 credit hour)
Decision Modeling (3 credit hours)

 

Spring First Year
Financial Management (3 credit hours)
Marketing Management (3 credit hours)
Entrepreneurial Management (3 credit hours)
MBA Operations Management (3 credit hours)
MBA Managerial Accounting (3 credit hours)
Professional Development II (0 credit hours)
Managerial Economics II (1 credit hour)

 

In the summer of the first year, Energy Management students will take part in an energy-focused summer project, while general MBA students will work on other summer projects. 

 

Summer First Year

Energy-Focused Summer Project (strategic orientation)

In the second year, Energy Management students will take 24 credit hours of energy-related courses, such as:

    • Energy Supply Chain Management
    • Energy Finance I (Project Evaluation)
    • Energy Economics
    • Energy Accounting
    • Energy Law and Regulatory
    • Energy Marketing & Sustainable Consumption
    • Energy Finance II (Energy Trading, Hedging, and Securities)
    • Energy Leadership (Capstone)

Q:  Will the MBA in Energy Management programs produce graduates that are in demand?

A:  We believe developing and executing energy-focused MBA courses and degrees is both strategic and timely as it is widely accepted that the long-term growth outlook for global energy production and consumption will be robust well into the 21st century.  Additionally, most sectors of the energy industry are facing well-documented shortages of young managerial talent and are forecasting a significant shortfall in the management ranks over coming years.  Industry leaders have expressed a strong preference for candidates with MBAs.

Q:  Is the UW College of Business well positioned to be a leader in energy industry education?

A:  We believe David Emery, Chairman, President, and CEO of Black Hills Corporation, says it best: “It makes sense that Wyoming--a leading producer of both traditional and alternative energy--and its university have created a program that combines energy industry expertise with excellence in business management.  No place in the country is better positioned to be a leader in this sector.” 

To illustrate Mr. Emery’s point, the university was able to leverage its well-recognized strengths in energy research, environmental economics, environmental management, energy-related science, engineering, and law to help lay the groundwork for these programs.

Furthermore, to insure relevance, this energy management initiative was built in consultation with energy industry executives, public policy leaders, renowned global energy scholars, board members of energy companies, and representatives of all phases of the energy industry from exploration to retail.

Q:  What is the timeline for introducing the new energy program?

A:  These initiatives launched in the fall semester 2012, and the first UW General MBA with an Energy Concentration were granted in December 2012. The first Energy Management MBA degree will be awarded in May 2014.

Q:  How do I get more information about the two new Energy Management MBA programs at the University of Wyoming?

A:  Please contact:

MBA Program Office
College of Business, University of Wyoming
1000 E. University Avenue, Dept. 3275
Laramie, WY 82071
Phone: 307.766.2449
Fax: 307.766.4028
Email: MBA@uwyo.edu

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