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University Bulletin

Undergraduate Degree Programs

Earth and Mineral Sciences

Energy Business and Finance

University Park, College of Earth and Mineral Sciences (EBF)
University Park, Smeal College of Business

The major in Energy Business and Finance, offered jointly by the College of Earth and Mineral Sciences and the Smeal College of Business, combines training in business, economics, finance, and the physical sciences with a core of courses focusing on energy and related industries. The major helps students prepare for careers in the energy industry, as well as financial institutions, nonprofit groups, and international organizations dealing with energy issues. The curriculum also provides a strong base for further study in business, economics, law, and social sciences.

Entrance Requirement: To be eligible for entrance into the Energy Business and Finance major, a degree candidate must satisfy requirements for entrance to major. Specific entrance requirements include:

  1. The degree candidate must have completed more than 27.1 credits of course work.
  2. The degree candidate must have a cumulative grade point average of at least 2.0.
  3. Complete the following entrance to major requirements: ECON 102 GS(3)[1], MATH 140 GQ(4)[1]. These courses must be completed by the end of the semester during which the entrance to major process is carried out.

GENERAL OPTION
The General option of the Energy Business and Finance major is appropriate for students who want a broad understanding of the earth and environmental sciences in preparation for careers in industry, commerce, and government.

ENERGY LAND MANAGEMENT OPTION

The Energy Land Management Option in the major of Energy Business and Finance focuses on issues in the acquisition of sub-surface exploration rights. Thus, it is designed to prepare students for a career as a landman in an energy exploration company. The curriculum, designed in consultation with the American Association of Professional Landmen, requires courses in real estate fundamentals, energy law, geographic information sciences, petroleum engineering and petroleum geology.

ENERGY SYSTEMS OPTION
EBF graduates will spend much of their professional careers working with engineers on a variety of energy related projects, or will desire a strong understanding of energy technologies and processes in order to make good financial and management decisions. The Energy Systems Option is designed to give EBF graduates a more rigorous background in engineering principles and applications together with a demanding economics and business curriculum. The option will give students a basic understanding of chemistry, physics, and other engineering principles critical to energy industries and technologies. Students will also take advanced courses in both energy engineering and economics.

Integrated B.S. in Energy Business and Finance (EBF) and M.S. in Energy and Mineral Engineering (EME)

The integrated undergraduate-graduate (IUG) program between the Energy Business and Finance undergraduate program and the Energy and Mineral Engineering graduate program enables academically superior and research-focused EBF undergraduate students to also obtain an M.S. degree in Energy and Mineral Engineering in five years of study. Students should refer to the Energy and Mineral Engineering graduate program in the Graduate Program Bulletin for the IUG admission and degree requirements. (http://bulletins.psu.edu/bulletins/whitebook/graduate_degree_programs.cfm?letter=E&program=grad_eme.htm)

For the B.S. degree in Energy Business and Finance, a minimum of 120 credits is required.

Scheduling Recommendation by Semester Standing given like (Sem: 1-2)

GENERAL EDUCATION: 45 credits
(25-30 of these 45 credits are included in the REQUIREMENTS FOR THE MAJOR)
(See description of General Education in this bulletin.)

FIRST-YEAR SEMINAR:
(Included in REQUIREMENTS FOR THE MAJOR)

UNITED STATES CULTURES AND INTERNATIONAL CULTURES:
(Included in REQUIREMENTS FOR THE MAJOR)

WRITING ACROSS THE CURRICULUM:
(Included in REQUIREMENTS FOR THE MAJOR)

ELECTIVES: 7-21 credits

REQUIREMENTS FOR THE MAJOR: 87-101 credits
(This includes 24-30 credits of General Education Courses: 3-9 credits of GN courses, 9 credits of GWS courses, 6 credits of GQ courses, and 6 credits of GS courses.

COMMON REQUIREMENTS FOR THE MAJOR (ALL OPTIONS): 60-61 credits

PRESCRIBED COURSES (42 credits)
MATH 140 GQ(4)[1] (Sem: 1)
ECON 102 GS(3)[1], EM SC 100S GWS(3) (Sem: 1)
MATH 141 GQ(4)[1] (Sem: 2)
E B F 200 GS(3)[1] (Sem: 3)
ACCTG 211(4), ECON 302 GS(3)[1] (Sem: 3-4)
E B F 301(3)[1], E B F 304W(3)[1] (Sem: 5-6)
EME 460(3)[1], I B 303 IL(3) (Sem: 5-8)
E B F 401(3)[1], E B F 473(3) (Sem: 7-8)

ADDITIONAL COURSES (18-19 credits)
CMPSC 101 GQ(3), CMPSC 200 GQ(3), CMPSC 201 GQ(3), CMPSC 202 GQ(3) (Sem: 1-2)
ENGL 015 GWS(3) or ENGL 030 GWS(3) (Sem: 1-2)
B A 243(4), B LAW 243(3), or E R M 411(3) (Sem: 3-4)
E B F 472(3)[1], STAT 301 GQ(3)[1], or STAT 401(3)[1] (Sem: 3-4)
E B F 483(3)[1] or E B F 484(3)[1] (Sem: 7-8)
ENGL 202C GWS(3) or ENGL 202D GWS(3) (Sem: 7-8)

REQUIREMENTS FOR THE OPTION: 27-40 credits

ENERGY LAND MANAGEMENT OPTION (31 credits)

PRESCRIBED COURSES (28 credits)
GEOSC 001(3)[1], PHYS 211 GN(4)[1] (Sem: 1-2)
ECON 104 GS(3), GEOG 160 GS(3)[1], GEOG 363(3), R M 302(3) (Sem: 5-8)
E B F 402(3), GEOSC 454(3), P N G 405(3) (Sem: 7-8)

ADDITIONAL COURSES (3 credits)
GEOG 361(3)[1], GEOG 362(3)[1], GEOG 364(3)[1], or GEOG 463(3)[1] (Sem: 6-8)

GENERAL OPTION: (27 credits)

PRESCRIBED COURSES (9 credits)
ECON 104 GS(3), EME 460(3) (Sem: 3-4)
R M 302(3) (Sem: 5-8)

ADDITIONAL COURSES (18 credits)
Select 9 credits from: EARTH 100 GN(3), EARTH 101 GN;US(3), EARTH 103 GN(3), EARTH 111 GN;US(3), EARTH 150 GN(3), EGEE 101 GN(3), EGEE 102 GN(3), EGEE 120 GS;US;IL(3), GEOG 110 GN(3), GEOG 115 GN(3), GEOSC 002 GN(3), GEOSC 010 GN(3), GEOSC 020 GN(3), GEOSC 021 GN(3), GEOSC 040 GN(3), MATSE 081 GN;IL(3), METEO 003 GN(3), METEO 101 GN(3) (Sem: 3-6)
Select 9 credits from: CED 404(3), CED 429(3), CED 431W(3), ECON 428(3), ECON 490(3), GEOG 424 US;IL(3), GEOG 430(3), GEOG 431(3), GEOG 444(3), GEOG 493(3), GEOSC 402Y IL(3), GEOSC 454(3), METEO 473(3), PL SC 490(3) (Sem: 5-8)

ENERGY SYSTEMS OPTION (40 credits)

PRESCRIBED COURSES (28 credits)
CHEM 110 GN(3)[1], CHEM 111 GN(1)[1], CHEM 112 GN(3)[1] (Sem: 1-2)
PHYS 211 GN(4)[1] (Sem: 3)
PHYS 212 GN(4)[1] (Sem: 4)
EME 301(3)[1], EME 460(3)[1] (Sem: 5)
EME 303(3)[1], MATH 251(4)[1] (Sem: 5-6)

ADDITIONAL COURSES (12 credits)
Select 3 credits in Engineering Principles:
EGEE 302(3)[1], EGEE 304(3)[1], EGEE 430(3)[1], or M E 430(3)[1] (Sem: 5-6)
Select 9 credits in Engineering Applications from:
EGEE 420(3), EGEE 430(3) or M E 430(3) [if not taken for requirement above], EGEE 437(3), EGEE 438(3), EGEE 441(3), EGEE 451(3), EGEE 470(3), F SC 431(3), F SC 432(3) (Sem: 5-8)

Course Substitutions for the Integrated B.S. in Energy Business and Finance (EBF) and M.S. in Energy and Mineral Engineering (EME)

As many as twelve of the credits required for the master's degree may be applied to both the B.S. and M.S. degrees. A minimum of six credits counted for both the B.S. and M.S. degrees must be at the 500-level. Thesis and culminating/capstone experience credits may not be double counted. The undergraduate degree program officer will determine the specific undergraduate required courses for which the 500-level courses may be used to substitute to meet institutional and accreditation requirements.

[1] A student enrolled in this major must receive a grade of C or better, as specified in Senate Policy 82-44.

Last Revised by the Department: Fall Semester 2014

Blue Sheet Item #: 43-02-022

Review Date: 10/7/2014

Minor editorial changes to comply with University editorial style (Publications): 8/23/06

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