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University Bulletin

Undergraduate Degree Programs

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].

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 land professional 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.

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
(25-27 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: 0-12 credits

REQUIREMENTS FOR THE MAJOR: 90-102 credits
(This includes 25-27 credits of General Education Courses: 4-6 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): 66 credits

PRESCRIBED COURSES (45 credits)
MATH 140 GQ(4)[1] (Sem: 1)
ECON 102 GS(3)[1] (Sem: 1)
MATH 141 GQ(4)[1] (Sem: 2)
E B F 200 GS(3)[1] (Sem: 3)
ACCTG 211(4), ECON 104 GS(3), 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)
R M 302(3)[1] (Sem: 6-8)
E B F 401(3)[1], E B F 473(3) (Sem: 7-8)

ADDITIONAL COURSES (21 credits)
Select 3 credits from: CAS 100 GWS(3) or EM SC 100S GWS(3) (Sem: 1)
Select 3 credits from: CMPSC 101 GQ(3), CMPSC 200 GQ(3), CMPSC 201 GQ(3), CMPSC 202 GQ(3) (Sem: 1-2)
Select 3 credits from: ENGL 015 GWS(3) or ENGL 030 GWS(3) (Sem: 1-2)
Select 3 credits from: B A 243(4), B LAW 243(3), or E R M 411(3) (Sem: 3-4)
Select 3 credits from: E B F 472(3)[1], STAT 301 GQ(3)[1], or STAT 401(3)[1] (Sem: 3-4)
Select 3 credits from: E B F 483(3)[1] or E B F 484(3)[1] (Sem: 7-8)
Select 3 credits from: ENGL 202C GWS(3) or ENGL 202D GWS(3) (Sem: 7-8)

REQUIREMENTS FOR THE OPTION: 24-36 credits

ENERGY LAND MANAGEMENT OPTION (25 credits)

PRESCRIBED COURSES (12 credits)
GEOSC 001(3)[1] (Sem: 1-2)
GEOG 160 GS(3)[1], GEOG 363(3) (Sem: 5-8)
E B F 402(3) (Sem: 7-8)

ADDITIONAL COURSES (13 credits)
Select 4 credits from: PHYS 211 GN(4)[1] or PHYS 250 GN(4)[1] (Sem: 1-2)
Select 3 credits from: GEOG 361(3)[1], GEOG 362(3)[1], GEOG 364(3)[1], or GEOG 463(3)[1] (Sem: 5-6)
Select 3 credits from: E B F 411(3) or GEOSC 454(3) (Sem: 7-8)
Select 3 credits from E B F 410(3) or P N G 405(3) (Sem: 7-8)

GENERAL OPTION: (24-36 credits)

ADDITIONAL COURSES (9-10 credits)
Select 6-7 credits from: CHEM 110 GN(3), 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), PHYS 211 GN(4) or PHYS 250 GN(4) (Sem: 1-4)
Select 3 credits from: CED 404(3), CED 429(3), CED 431W(3), E B F 411(3), E B F 483(3)[if not selected for requirement above], ECON 490(3), EME 301(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)

SUPPORTING COURSES AND RELATED AREAS (15-26 credits)
Select either:

Select from one of the following minors:
Arabic, Chinese, Civic and Community Engagement, Earth Systems, Energy Engineering, Entrepreneurship and Innovation, Environmental Resource Management, Environmental Systems Engineering, Geographic Information Science, Geosciences, Mathematics, Meteorology, Mining Engineering, Petroleum and Natural Gas Engineering, Russian, Spanish, Statistics, Watersheds and Water Resources or a relevant minor selected in consultation with an adviser;

Or

A concurrent major in any subject;

Or

A 15 credit semester-long education abroad program approved by the professor in charge of the E B F major;

Or

A minor in Asian Studies together with an approved E B F summer term abroad experience.

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: Spring Semester 2015

Blue Sheet Item #: 43-06-056

Review Date: 4/14/2015

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

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