Energy Finance, Certificate

Program Code: ENFIN_UCT

Program Requirements

To earn an undergraduate certificate in Energy Finance, there are 15 credits of prescribed courses and a minimum of 6 credits in prerequisites

Required Courses
Required Courses: Require a grade of C or better
EBF 200Introduction to Energy and Earth Sciences Economics Keystone/General Education Course3
or MET 436 Energy Conservation Systems
EGEE 101Energy and the Environment Keystone/General Education Course3
FIN 418Introduction to Energy Finance3
FIN 419Advanced Energy Finance3
FIN 427Derivative Securities3

Certificate Learning Objectives

This certificate will provide students the ability to:

  1. Have a clear understanding and appreciation of energy and environmental concepts and interconnectedness; analyze energy consumption patterns; discuss various energy resources that power the modern society; examine the energy conversion processes; explore interrelationships between energy use and industrial progress and environmental consequences; discuss future energy alternatives.
  2. Have a clear understanding of the economic rationale behind energy exploration, development, capital budgeting, option pricing and risk management.
  3. Master the basic techniques for the valuation of forwards, futures, swaps, and vanilla options (calls and puts), and understand the specifics of risk management in terms of energy risk.
  4. Elucidate the microeconomic fundamentals with a focus on the applications of economics to energy and environmental markets.
  5. Analyze the processes and systems for energy conversion, including power, refrigeration and air conditioning cycles, thermoelectrics, etc.