At which campus can I study this program?
The Energy Finance certificate program is designed for students who desire to combine their engineering emphasis in energy systems with the financial expertise gained through courses in financial analysis and risk management. This certificate program also prepares students to take the Energy Risk Professional (ERP) exam, sponsored by the Global Association of Risk Professionals (GARP).
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: Require a grade of C or better|
|EBF 200||Introduction to Energy and Earth Sciences Economics||3|
|or MET 436||Energy Conservation Systems|
|EGEE 101||Energy and the Environment||3|
|FIN 418||Introduction to Energy Finance||3|
|FIN 419||Advanced Energy Finance||3|
|FIN 427||Derivative Securities||3|
Certificate Learning Objectives
- Analyze the Processes and Systems for Energy Conversion: Analyze the processes and systems for energy conversion, including power, refrigeration and air conditioning cycles, thermoelectrics, etc.
- Economics of Energy Finance: Have a clear understanding of the economic rationale behind energy exploration, development, capital budgeting, option pricing and risk management.
- Energy and Environmental Concepts and Analysis: 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.
- Microeconomic Fundamentals of Energy Finance: Elucidate the microeconomic fundamentals with a focus on the applications of economics to energy and environmental markets.
- Valuation and Risk: 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.