Energy Business and Finance, B.S.

Program Code: EBF_BS

Program Description

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.

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.

What is Energy Business and Finance?

The solutions to society's existing and emerging energy challenges require interdisciplinary approaches integrating economics and business with the technical knowledge of energy systems and implications for our environment. That's where Energy Business and Finance experts come in. Our graduates use their knowledge of energy commodity markets, statistics and risk analysis, and project finance related to energy systems and environmental issues to shape the future of energy production. The major was designed to help students build critical analytical skills in preparation for careers with energy companies, public agencies, and the financial institutions that are investing globally in emerging energy technologies. Additionally, the Energy Business and Finance’s program unique option in Land Management offers excellent preparation for law school or careers in obtaining and negotiating property rights for energy projects.

You Might Like This Program If...

  • You want to work in the energy sector.
  • You enjoy analytical thinking and complex problem solving.
  • You are passionate about paving the way for a sustainable energy future.

Entrance to Major

This program currently has administrative enrollment controls. Administrative Enrollment Controls are initiated when limitations of space, faculty, or other resources in a major prevent accommodating all students who request them. Students must follow the administrative enrollment controls that are in effect for the semester that they enter the university.

First-Year Students Entering Summer 2021, Fall 2021, Spring 2022

In order to be eligible for entrance to this major, students must satisfy the following requirements:

  • 40-70 graded Penn State credits (excludes transfer and AP credits)
  • completed with a grade of C or better: ECON 102, MATH 140, MATH 141
  • earned a minimum cumulative grade-point average (GPA) of 2.60

Students Who Entered Prior to Summer 2021

Students who entered the University from Summer 2018 through Spring 2021 should view the administrative enrollment controls in the appropriate Undergraduate Bulletin archive. Students who entered the University prior to the summer 2018 semester should view the administrative enrollment controls for the semester that they entered the university on the Academic Advising Portal.

Degree Requirements

For the Bachelor of Science degree in Energy Business and Finance, a minimum of 120 credits is required:

Requirement Credits
General Education 45
Electives 0-12
Requirements for the Major 90-102

25-27 of the 45 credits of General Education are included in the Requirements for the Major. This includes: 4-6 credits of GN courses, 9 credits of GWS courses, 6 credits of GQ courses, and 6 credits of GS courses.

General Education

Connecting career and curiosity, the General Education curriculum provides the opportunity for students to acquire transferable skills necessary to be successful in the future and to thrive while living in interconnected contexts. General Education aids students in developing intellectual curiosity, a strengthened ability to think, and a deeper sense of aesthetic appreciation. These are requirements for all baccalaureate students and are often partially incorporated into the requirements of a program. For additional information, see the General Education Requirements section of the Bulletin and consult your academic adviser.

The keystone symbol Keystone/General Education Course appears next to the title of any course that is designated as a General Education course. Program requirements may also satisfy General Education requirements and vary for each program.

Foundations (grade of C or better is required.)

  • Quantification (GQ): 6 credits
  • Writing and Speaking (GWS): 9 credits

Knowledge Domains

  • Arts (GA): 6 credits
  • Health and Wellness (GHW): 3 credits
  • Humanities (GH): 6 credits
  • Social and Behavioral Sciences (GS): 6 credits
  • Natural Sciences (GN): 9 credits

Integrative Studies (may also complete a Knowledge Domain requirement)

  • Inter-Domain or Approved Linked Courses: 6 credits

University Degree Requirements

First Year Engagement

All students enrolled in a college or the Division of Undergraduate Studies at University Park, and the World Campus are required to take 1 to 3 credits of the First-Year Seminar, as specified by their college First-Year Engagement Plan.

Other Penn State colleges and campuses may require the First-Year Seminar; colleges and campuses that do not require a First-Year Seminar provide students with a first-year engagement experience.

First-year baccalaureate students entering Penn State should consult their academic adviser for these requirements.

Cultures Requirement    

6 credits are required and may satisfy other requirements

  • United States Cultures: 3 credits
  • International Cultures: 3 credits

Writing Across the Curriculum

3 credits required from the college of graduation and likely prescribed as part of major requirements.

Total Minimum Credits

A minimum of 120 degree credits must be earned for a baccalaureate degree. The requirements for some programs may exceed 120 credits. Students should consult with their college or department adviser for information on specific credit requirements.

Quality of Work

Candidates must complete the degree requirements for their major and earn at least a 2.00 grade-point average for all courses completed within their degree program.

Limitations on Source and Time for Credit Acquisition

The college dean or campus chancellor and program faculty may require up to 24 credits of course work in the major to be taken at the location or in the college or program where the degree is earned. Credit used toward degree programs may need to be earned from a particular source or within time constraints (see Senate Policy 83-80). For more information, check the Suggested Academic Plan for your intended program.

Requirements for the Major

To graduate, a student enrolled in the major must earn a grade of C or better in each course designated by the major as a C-required course, as specified by Senate Policy 82-44.

Common Requirements for the Major (All Options)

Prescribed Courses
ACCTG 211Financial and Managerial Accounting for Decision Making4
EBF 473Risk Management in Energy Industries3
ECON 104Introductory Macroeconomic Analysis and Policy Keystone/General Education Course3
IB 303International Business Operations3
Prescribed Courses: Require a grade of C or better
EBF 200Introduction to Energy and Earth Sciences Economics Keystone/General Education Course3
EBF 301Global Finance for the Earth, Energy, and Materials Industries3
EBF 304WGlobal Management for the Earth, Energy, and Materials Industries3
EBF 401Strategic Corporate Finance for the Earth, Energy, and Materials Industries3
ECON 102Introductory Microeconomic Analysis and Policy Keystone/General Education Course3
ECON 302Intermediate Microeconomic Analysis Keystone/General Education Course3
EME 460Geo-resource Evaluation and Investment Analysis3
MATH 140Calculus With Analytic Geometry I Keystone/General Education Course4
MATH 141Calculus with Analytic Geometry II Keystone/General Education Course4
RM 302Risk and Insurance3
Additional Courses
CAS 100Effective Speech Keystone/General Education Course3
or EMSC 100S Earth and Mineral Sciences First-Year Seminar Keystone/General Education Course
ENGL 15Rhetoric and Composition Keystone/General Education Course3
or ENGL 30H Honors Rhetoric and Composition Keystone/General Education Course
ENGL 202CEffective Writing: Technical Writing Keystone/General Education Course3
or ENGL 202D Effective Writing: Business Writing Keystone/General Education Course
Select 3 credits of the following:3
Introduction to Programming Keystone/General Education Course
Programming for Engineers with MATLAB Keystone/General Education Course
Programming for Engineers with C++ Keystone/General Education Course
CMPSC 202
Select 3 credits of the following:3
Social, Legal, and Ethical Environment of Business
Legal Environment of Business
Legal Aspects of Resource Management
Additional Courses: Require a grade of C or better
EBF 483Introduction to Electricity Markets3
or EBF 484 Energy Economics
Select 3 credits of the following:3
Quantitative Analysis in Earth Sciences
STAT 301
Experimental Methods
Requirements for the Option
Select an option24-36

Requirements for the Option

Energy Land Management Option (25 credits)
Prescribed Courses
EBF 402Energy Law and Contracts3
GEOG 363Geographic Information Systems3
Prescribed Courses: Require a grade of C or better
GEOG 160Mapping Our Changing World Keystone/General Education Course3
GEOSC 1Physical Geology3
Additional Courses
EBF 410Petroleum and Natural Gas Operations3
or PNG 405 Rock and Fluid Properties
EBF 411Petroleum and Natural Gas Geology for Land Professionals3
or GEOSC 454 Geology of Oil and Gas
Additional Courses: Require a grade of C or better
PHYS 211General Physics: Mechanics Keystone/General Education Course4
or PHYS 250 Introductory Physics I Keystone/General Education Course
Select 3 credits of the following:3
Cartography--Maps and Map Construction
Image Analysis
Spatial Analysis
Geospatial Information Management
General Option (24-36 credits)
Additional Courses
Select 6-7 credits of the following:6-7
Chemical Principles I Keystone/General Education Course
Environment Earth Keystone/General Education Course
Natural Disasters: Hollywood vs. Reality Keystone/General Education Course
Earth in the Future: Predicting Climate Change and Its Impacts Over the Next Century Keystone/General Education Course
Water: Science and Society Keystone/General Education Course
Dinosaur Extinctions and Other Controversies Keystone/General Education Course
Energy and the Environment Keystone/General Education Course
Energy Conservation for Environmental Protection Keystone/General Education Course
Oil: International Evolution Keystone/General Education Course
Climates of the World Keystone/General Education Course
Landforms of the World Keystone/General Education Course
Historical Geology Keystone/General Education Course
Geology of the National Parks Keystone/General Education Course
Planet Earth Keystone/General Education Course
Earth and Life: Origin and Evolution Keystone/General Education Course
The Sea Around Us Keystone/General Education Course
Materials in Today's World Keystone/General Education Course
Weather Revealed: Introductory Meteorology Keystone/General Education Course
Understanding Weather Forecasting Keystone/General Education Course
General Physics: Mechanics Keystone/General Education Course
Introductory Physics I Keystone/General Education Course
Select 3 credits of the following:3
Community, Environment and Development Research Methods
Natural Resource Economics
CED 431
Petroleum and Natural Gas Geology for Land Professionals
Introduction to Electricity Markets (if not selected for requirement for the major)
ECON 490
Thermodynamics in Energy and Mineral Engineering
Geography of the Global Economy
Human Use of Environment
Geography of Water Resources
African Resources and Development
Service Learning
Natural Disasters
Geology of Oil and Gas
Application of Computers to Meteorology
Policy Making and Evaluation
Supporting Courses and Related Areas
Select one of the following:15-26
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
A concurrent major in any subject
A 15 credit semester-long education abroad program approved by the professor in charge of the EBF major
A minor in Asian Studies together with an approved EBF summer term abroad experience

Integrated B.S. in Energy Business and Finance and M.S. in Energy and Mineral Engineering

Requirements for the Integrated B.S. in Energy Business and Finance and M.S. in Energy and Mineral Engineering can be found in the Graduate Bulletin.

Program Learning Objectives

  • Demonstrate knowledge of how markets for energy operate.
    • Articulate the factors that drive the supply of energy.
    • Articulate the factors that drive the demand for energy.
    • Explain how markets and government policies may fail.
  • Demonstrate knowledge of the process of price formation in markets for energy commodities, specifically:
    • Crude Oil
    • Natural Gas
    • Electric Energy
  • Demonstrate knowledge financial skills for the energy industries.
    • Demonstrate a basic understanding of accounting and business law.
    • Calculate the profitability of investment projects.
    • Describe how capital is raised for energy companies.
    • Describe how commodity markets operate, and how they hedge risk.
    • Demonstrate strategies to hedge risk in financial and insurance markets.
  • Acquire problem solving ability.
    • Solve numerical problems common in energy commodity trading or analysis.
    • Create investment plans for energy projects.
    • Create strategies for business decisions in the face of market or regulatory uncertainty.
  • Acquire the ability to communicate effectively with diverse groups through listening, speaking, and writing.
    • Communicate clearly through problem solving exercises.
    • Present solutions to business problems.
    • Speak with potential employers.
    • Use software programs to make presentations to potential employers.

Academic Advising

The objectives of the university’s academic advising program are to help advisees identify and achieve their academic goals, to promote their intellectual discovery, and to encourage students to take advantage of both in-and out-of class educational opportunities in order that they become self-directed learners and decision makers.

Both advisers and advisees share responsibility for making the advising relationship succeed. By encouraging their advisees to become engaged in their education, to meet their educational goals, and to develop the habit of learning, advisers assume a significant educational role. The advisee's unit of enrollment will provide each advisee with a primary academic adviser, the information needed to plan the chosen program of study, and referrals to other specialized resources.

READ SENATE POLICY 32-00: ADVISING POLICY

University Park

Zhen Lei
Program Chair, Energy Business and Finance
125 Hosler Building
University Park, PA 16802
814-863-0810
zxl26@psu.edu

Molly Nulty
Academic Adviser
110 Hosler Building
University Park, PA 16802
814-865-8475
mkn6@psu.edu

Suggested Academic Plan

The suggested academic plan(s) listed on this page are the plan(s) that are in effect during the 2021-22 academic year. To access previous years' suggested academic plans, please visit the archive to view the appropriate Undergraduate Bulletin edition (Note: the archive only contain suggested academic plans beginning with the 2018-19 edition of the Undergraduate Bulletin).

General Option With Minor: Energy Business and Finance, B.S. at University Park Campus

The course series listed below provides only one of the many possible ways to move through this curriculum. The University may make changes in policies, procedures, educational offerings, and requirements at any time. This plan should be used in conjunction with your degree audit (accessible in LionPATH as either an Academic Requirements or What If report). Please consult with a Penn State academic adviser on a regular basis to develop and refine an academic plan that is appropriate for you.

First Year
FallCreditsSpringCredits
MATH 140 or 140G (GQ)*‡#†4MATH 141 or 141G (GQ)*‡#†4
ECON 102 (GS)*#†3ENGL 15, 30H, or ESL 15 (GWS)‡†3
EMSC 100S, CAS 100, CAS 100A, CAS 100B, or CAS 100C (GWS)‡†13EBF 200*3
General Education Knowledge Domain3Introductory Level Elective23-4
Introductory Level Elective 23Minor/Concurrent Major Course33
 16 16-17
Second Year
FallCreditsSpringCredits
ECON 104 (GS)3ACCTG 2114
ECON 302*3STAT 301, STAT 401, or EBF 472*3
EBF 301*3General Education Knowledge Domain3
CMPSC 101, 200, 201, or CMPSC 2023General Education Knowledge Domain3
Minor/Concurrent Major Course33Minor/Concurrent Major Course33
 15 16
Third Year
FallCreditsSpringCredits
RM 302*3EBF 304W (Writing Across the Curriculum)*3
EBF 484 or 483*3Minor/Concurrent Major Course33
IB 303 (IL)3Minor/Concurrent Major Course33
EME 460*3Advanced Level Elective43
BLAW 243, ERM 411, or BA 2433-4General Education Knowledge Domain3
 15-16 15
Fourth Year
FallCreditsSpringCredits
EBF 4733EBF 401*3
ENGL 202C or 202D (GWS)‡†3Elective/Minor/Concurrent Major Course33
Minor/Concurrent Major Course33Elective/Minor/Concurrent Major Course33
General Education Health and Wellness (GHW)1.5General Education Knowledge Domain3
Elective/Minor/Concurrent Major Course33General Education Health and Wellness (GHW)1.5
 13.5 13.5
Total Credits 120-122

University Requirements and General Education Notes:

US and IL are abbreviations used to designate courses that satisfy University Requirements (United States and International Cultures).

W, M, X, and Y are the suffixes at the end of a course number used to designate courses that satisfy University Writing Across the Curriculum requirement.

GWS, GQ, GHW, GN, GA, GH, and GS are abbreviations used to identify General Education program courses. General Education includes Foundations (GWS and GQ) and Knowledge Domains (GHW, GN, GA, GH, GS, and Integrative Studies). Foundations courses (GWS and GQ) require a grade of ‘C’ or better.

Integrative Studies courses are required for the General Education program. N is the suffix at the end of a course number used to designate an Inter-Domain course and Z is the suffix at the end of a course number used to designate a Linked course.

All incoming Schreyer Honors College first-year students at University Park will take ENGL 137H/CAS 137H in the fall semester and ENGL 138T/CAS 138T in the spring semester. These courses carry the GWS designation and replace both ENGL 30H and CAS 100. Each course is 3 credits.

Advising Notes:

Entrance to Major requirements: To enter EBF, students must have a cumulative GPA of 2.8 or higher, complete the entrance to major courses (MATH 140, MATH 141, ECON 102) with a C or better, and apply to the major within 40-70 cumulative credits. Only students who are enrolled in EMSC or DUS are eligible to apply to EBF.

Students must complete an approved minor, a concurrent major in any subject, a 15-credit semester-long education abroad program approved by the professor in charge of EBF, or a minor in Asian Studies with an approved summer education abroad experience. Approved minors include 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 the professor in charge of EBF. 

Courses required for the major may be offered fall semester only, spring semester only, or both fall and spring semesters.  Consult with your adviser and department to discuss your academic progress and course sequencing.

General Option with Semester Study Abroad: Energy Business and Finance, B.S. at University Park Campus

The course series listed below provides only one of the many possible ways to move through this curriculum. The University may make changes in policies, procedures, educational offerings, and requirements at any time. This plan should be used in conjunction with your degree audit (accessible in LionPATH as either an Academic Requirements or What If report). Please consult with a Penn State academic adviser on a regular basis to develop and refine an academic plan that is appropriate for you.

First Year
FallCreditsSpringCredits
MATH 140 or 140G (GQ)*‡#†4MATH 141 or 141G (GQ)*‡#†4
ECON 102 (GS)*#†3ENGL 15, 30H, or ESL 15 (GWS)‡†3
EMSC 100S, CAS 100, CAS 100A, CAS 100B, or CAS 100C (GWS)‡†13EBF 200*3
General Education Knowledge Domain3Introductory Level Elective23-4
Introductory Level Elective 23General Education Knowledge Domain3
 16 16-17
Second Year
FallCreditsSpringCredits
ECON 104 (GS)3ACCTG 2114
ECON 302*3STAT 301, STAT 401, or EBF 472*3
EBF 301*3General Education Knowledge Domain3
CMPSC 101, 200, 201, or CMPSC 2023Elective3
General Education Knowledge Domain3Elective3
 15 16
Third Year
FallCreditsSpringCredits
RM 302*3Approved Study Abroad Program415
IB 303 (IL)3 
EME 460*3 
EBF 304W (Writing Across the Curriculum)*3 
BLAW 243, ERM 411, or BA 2433-4 
 15-16 15
Fourth Year
FallCreditsSpringCredits
EBF 4733EBF 401*3
EBF 483 or 484*3Advanced Level Elective33
Elective3ENGL 202C or 202D (GWS)‡†3
Elective3General Education Knowledge Domain3
General Education Health and Wellness (GHW)1.5General Education Health and Wellness (GHW)1.5
 13.5 13.5
Total Credits 120-122

University Requirements and General Education Notes:

US and IL are abbreviations used to designate courses that satisfy University Requirements (United States and International Cultures).

W, M, X, and Y are the suffixes at the end of a course number used to designate courses that satisfy University Writing Across the Curriculum requirement.

GWS, GQ, GHW, GN, GA, GH, and GS are abbreviations used to identify General Education program courses. General Education includes Foundations (GWS and GQ) and Knowledge Domains (GHW, GN, GA, GH, GS, and Integrative Studies). Foundations courses (GWS and GQ) require a grade of ‘C’ or better.

Integrative Studies courses are required for the General Education program. N is the suffix at the end of a course number used to designate an Inter-Domain course and Z is the suffix at the end of a course number used to designate a Linked course.

All incoming Schreyer Honors College first-year students at University Park will take ENGL 137H/CAS 137H in the fall semester and ENGL 138T/CAS 138T in the spring semester. These courses carry the GWS designation and replace both ENGL 30H and CAS 100. Each course is 3 credits.

Advising Notes:

Entrance to Major requirements: To enter EBF, students must have a cumulative GPA of 2.8 or higher, complete the entrance to major courses (MATH 140, MATH 141, ECON 102) with a C or better, and apply to the major within 40-70 cumulative credits. Only students who are enrolled in EMSC or DUS are eligible to apply to EBF.

Students must complete an approved minor, a concurrent major in any subject, a 15-credit semester-long education abroad program approved by the professor in charge of EBF, or a minor in Asian Studies with an approved summer education abroad experience. 

Courses required for the major may be offered fall semester only, spring semester only, or both fall and spring semesters.  Consult with your adviser and department to discuss your academic progress and course sequencing.

Energy Land Management Option: Energy Business and Finance, B.S. at University Park Campus

The course series listed below provides only one of the many possible ways to move through this curriculum. The University may make changes in policies, procedures, educational offerings, and requirements at any time. This plan should be used in conjunction with your degree audit (accessible in LionPATH as either an Academic Requirements or What If report). Please consult with a Penn State academic adviser on a regular basis to develop and refine an academic plan that is appropriate for you.

First Year
FallCreditsSpringCredits
MATH 140 or 140G (GQ)*‡#†4MATH 141 or 141G (GQ)*‡#†4
ECON 102 (GS)*#†3ENGL 15, 30H, or ESL 15 (GWS)‡†3
EMSC 100S, CAS 100, CAS 100A, CAS 100B, or CAS 100C (GWS)‡†13EBF 200*3
GEOG 160*3PHYS 250 or 211 (GN)*†4
General Education Knowledge Domain3General Education Knowledge Domain3
 16 17
Second Year
FallCreditsSpringCredits
ECON 104 (GS)3ACCTG 2114
ECON 302*3STAT 301, STAT 401, or EBF 472*3
EBF 301*3CMPSC 101, 200, 201, or CMPSC 2023
GEOSC 1 (Can count as General Education GN course by petition)*3GEOG 3633
General Education Knowledge Domain3EME 460*3
 15 16
Third Year
FallCreditsSpringCredits
RM 302*3EBF 304W (Writing Across the Curriculum)*3
EBF 484 or 483*3EBF 4023
IB 303 (IL)3PNG 405, 301, or EBF 4103
GEOG 361, 362, 364, or 463*3General Education Knowledge Domain3
BLAW 243, ERM 411, or BA 2433-4Elective2
 15-16 14
Fourth Year
FallCreditsSpringCredits
EBF 4733EBF 401*3
General Education Knowledge Domain3ENGL 202C or 202D (GWS)‡†3
Elective3GEOSC 454 or EBF 4113
Elective3Elective3
General Education Health and Wellness (GHW)1.5General Education Health and Wellness (GHW)1.5
 13.5 13.5
Total Credits 120-121

University Requirements and General Education Notes:

US and IL are abbreviations used to designate courses that satisfy University Requirements (United States and International Cultures).

W, M, X, and Y are the suffixes at the end of a course number used to designate courses that satisfy University Writing Across the Curriculum requirement.

GWS, GQ, GHW, GN, GA, GH, and GS are abbreviations used to identify General Education program courses. General Education includes Foundations (GWS and GQ) and Knowledge Domains (GHW, GN, GA, GH, GS, and Integrative Studies). Foundations courses (GWS and GQ) require a grade of ‘C’ or better.

Integrative Studies courses are required for the General Education program. N is the suffix at the end of a course number used to designate an Inter-Domain course and Z is the suffix at the end of a course number used to designate a Linked course.

All incoming Schreyer Honors College first-year students at University Park will take ENGL 137H/CAS 137H in the fall semester and ENGL 138T/CAS 138T in the spring semester. These courses carry the GWS designation and replace both ENGL 30H and CAS 100. Each course is 3 credits.

Advising Notes:

Entrance to Major requirements: To enter EBF, students must have a cumulative GPA of 2.8 or higher, complete the entrance to major courses (MATH 140, MATH 141, ECON 102) with a C or better, and apply to the major within 40-70 cumulative credits. Only students who are enrolled in EMSC or DUS are eligible to apply to EBF.

Courses required for the major may be offered fall semester only, spring semester only, or both fall and spring semesters.  Consult with your adviser and department to discuss your academic progress and course sequencing.

General Option with Minor: Energy Business and Finance, B.S. at Commonwealth Campuses

The course series listed below provides only one of the many possible ways to move through this curriculum. The University may make changes in policies, procedures, educational offerings, and requirements at any time. This plan should be used in conjunction with your degree audit (accessible in LionPATH as either an Academic Requirements or What If report). Please consult with a Penn State academic adviser on a regular basis to develop and refine an academic plan that is appropriate for you.

First Year
FallCreditsSpringCredits
MATH 140 (GQ)*‡#†4MATH 141 (GQ)*‡#†4
ECON 102 (GS)*#†3CAS 100, 100A, 100B, or 100C (GWS)‡†13
ENGL 15, 30H, or ESL 15 (GWS)‡†3Introductory Level Elective23-4
General Education Knowledge Domain3Minor/Concurrent Major Course33
Introductory Level Elective 23Elective/Minor/Concurrent Major Course33
 16 16-17
Second Year
FallCreditsSpringCredits
ECON 104 (GS)3ACCTG 2114
ECON 302*3ENGL 202C or 202D (GWS)‡†3
EBF 301 (online)*3BLAW 243, ERM 411, or BA 2433-4
CMPSC 101, 200, 201, or CMPSC 2023General Education Knowledge Domain3
Minor/Concurrent Major Course33Minor/Concurrent Major Course33
 15 16-17
Third Year
FallCreditsSpringCredits
EBF 200*3EBF 304W (Writing Across the Curriculum)*3
RM 302*3EBF 484 or 483*3
STAT 301, STAT 401, or EBF 472*3Minor/Concurrent Major Course33
EME 460*3Advanced Level Elective43
General Education Knowledge Domain3General Education Knowledge Domain3
 15 15
Fourth Year
FallCreditsSpringCredits
EBF 4733EBF 401*3
IB 303 (IL)3Elective/Minor/Concurrent Major Course33
Minor/Concurrent Major Course33Elective/Minor/Concurrent Major Course33
Minor/Concurrent Major Course33General Education Knowledge Domain3
General Education Health and Wellness (GHW)1.5General Education Health and Wellness (GHW)1.5
 13.5 13.5
Total Credits 120-122

University Requirements and General Education Notes:

US and IL are abbreviations used to designate courses that satisfy University Requirements (United States and International Cultures).

W, M, X, and Y are the suffixes at the end of a course number used to designate courses that satisfy University Writing Across the Curriculum requirement.

GWS, GQ, GHW, GN, GA, GH, and GS are abbreviations used to identify General Education program courses. General Education includes Foundations (GWS and GQ) and Knowledge Domains (GHW, GN, GA, GH, GS, and Integrative Studies). Foundations courses (GWS and GQ) require a grade of ‘C’ or better.

Integrative Studies courses are required for the General Education program. N is the suffix at the end of a course number used to designate an Inter-Domain course and Z is the suffix at the end of a course number used to designate a Linked course.

Advising Notes:

Entrance to Major requirements: To enter EBF, students must have a cumulative GPA of 2.8 or higher, complete the entrance to major courses (MATH 140, MATH 141, ECON 102) with a C or better, and apply to the major within 40-70 cumulative credits. Only students who are enrolled in EMSC or DUS are eligible to apply to EBF.

Students must complete an approved minor, a concurrent major in any subject, a 15-credit semester-long education abroad program approved by the professor in charge of EBF, or a minor in Asian Studies with an approved summer education abroad experience. Approved minors include 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 the professor in charge of EBF. 

Courses required for the major may be offered fall semester only, spring semester only, or both fall and spring semesters.  Consult with your adviser and department to discuss your academic progress and course sequencing.

General Option with Semester Study Abroad: Energy Business and Finance, B.S. at Commonwealth Campuses

The course series listed below provides only one of the many possible ways to move through this curriculum. The University may make changes in policies, procedures, educational offerings, and requirements at any time. This plan should be used in conjunction with your degree audit (accessible in LionPATH as either an Academic Requirements or What If report). Please consult with a Penn State academic adviser on a regular basis to develop and refine an academic plan that is appropriate for you.

First Year
FallCreditsSpringCredits
MATH 140 (GQ)*‡#†4MATH 141 (GQ)*‡#†4
ECON 102 (GS)*#†3CAS 100, 100A, 100B, or 100C (GWS)‡†13
ENGL 15, 30H, or ESL 15 (GWS)‡†3Introductory Level Elective23-4
General Education Knowledge Domain3General Education Knowledge Domain3
Introductory Level Elective 23General Education Knowledge Domain3
 16 16-17
Second Year
FallCreditsSpringCredits
ECON 104 (GS)3ACCTG 2114
ECON 302*3ENGL 202C or 202D (GWS)‡†3
EBF 301 (online)*3BLAW 243, ERM 411, or BA 2433-4
CMPSC 101, 200, 201, or CMPSC 2023Elective3
General Education Knowledge Domain3Elective3
 15 16-17
Third Year
FallCreditsSpringCredits
EBF 200*3Approved Study Abroad415
RM 302*3 
STAT 301, STAT 401, or EBF 472*3 
EME 460*3 
Elective3 
 15 15
Fourth Year
FallCreditsSpringCredits
EBF 304W (Writing Across the Curriculum)*3EBF 401*3
EBF 4733Advanced Level Elective33
EBF 483 or 484*3General Education Knowledge Domain3
IB 303 (IL)3Elective3
General Education Health and Wellness (GHW)1.5General Education Health and Wellness (GHW)1.5
 13.5 13.5
Total Credits 120-122

University Requirements and General Education Notes:

US and IL are abbreviations used to designate courses that satisfy University Requirements (United States and International Cultures).

W, M, X, and Y are the suffixes at the end of a course number used to designate courses that satisfy University Writing Across the Curriculum requirement.

GWS, GQ, GHW, GN, GA, GH, and GS are abbreviations used to identify General Education program courses. General Education includes Foundations (GWS and GQ) and Knowledge Domains (GHW, GN, GA, GH, GS, and Integrative Studies). Foundations courses (GWS and GQ) require a grade of ‘C’ or better.

Integrative Studies courses are required for the General Education program. N is the suffix at the end of a course number used to designate an Inter-Domain course and Z is the suffix at the end of a course number used to designate a Linked course.

Advising Notes:

Entrance to Major requirements: To enter EBF, students must have a cumulative GPA of 2.8 or higher, complete the entrance to major courses (MATH 140, MATH 141, ECON 102) with a C or better, and apply to the major within 40-70 cumulative credits. Only students who are enrolled in EMSC or DUS are eligible to apply to EBF.

Students must complete an approved minor, a concurrent major in any subject, a 15-credit semester-long education abroad program approved by the professor in charge of EBF, or a minor in Asian Studies with an approved summer education abroad experience. Approved minors include 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 the professor in charge of EBF. 

Courses required for the major may be offered fall semester only, spring semester only, or both fall and spring semesters.  Consult with your adviser and department to discuss your academic progress and course sequencing.

Energy Land Management Option: Energy Business and Finance, B.S. at Commonwealth Campuses

The course series listed below provides only one of the many possible ways to move through this curriculum. The University may make changes in policies, procedures, educational offerings, and requirements at any time. This plan should be used in conjunction with your degree audit (accessible in LionPATH as either an Academic Requirements or What If report). Please consult with a Penn State academic adviser on a regular basis to develop and refine an academic plan that is appropriate for you.

First Year
FallCreditsSpringCredits
MATH 140 (GQ)*‡#†4MATH 141 (GQ)*‡#†4
ECON 102 (GS)*#†3CAS 100, 100A, 100B, or 100C (GWS)‡†13
ENGL 15, 30H, or ESL 15 (GWS)‡†3PHYS 250 or 211 (GN)*†4
GEOG 160 (GS; inquire about online through Digital Learning Cooperative)*3General Education Knowledge Domain3
General Education Knowledge Domain3Elective3
 16 17
Second Year
FallCreditsSpringCredits
ECON 104 (GS)3ACCTG 2114
CMPSC 101, 200, 201, or CMPSC 2023ENGL 202C or 202D (GWS)‡†3
ECON 302*3BLAW 243, ERM 411, or BA 2433-4
EBF 301 (online)*3General Education Knowledge Domain3
General Education Knowledge Domain3General Education Health and Wellness (GHW)1.5
 15 14.5-15.5
Third Year
FallCreditsSpringCredits
EBF 200*3EBF 304W (Writing Across the Curriculum)*3
RM 302*3EBF 4023
EME 460*3EBF 484 or 483*3
STAT 301, STAT 401, or EBF 472*3GEOG 3633
GEOSC 1 (can count as General Education GN course by petition)*3PNG 405, EBF 410, or PNG 3013
 15 15
Fourth Year
FallCreditsSpringCredits
EBF 4733GEOSC 454 or EBF 4113
GEOG 361, 362, 364, or 463*3EBF 401*3
IB 303 (IL)3Elective3
General Education Knowledge Domain3Elective2
Elective3General Education Health and Wellness (GHW)1.5
 15 12.5
Total Credits 120-121

University Requirements and General Education Notes:

US and IL are abbreviations used to designate courses that satisfy University Requirements (United States and International Cultures).

W, M, X, and Y are the suffixes at the end of a course number used to designate courses that satisfy University Writing Across the Curriculum requirement.

GWS, GQ, GHW, GN, GA, GH, and GS are abbreviations used to identify General Education program courses. General Education includes Foundations (GWS and GQ) and Knowledge Domains (GHW, GN, GA, GH, GS, and Integrative Studies). Foundations courses (GWS and GQ) require a grade of ‘C’ or better.

Integrative Studies courses are required for the General Education program. N is the suffix at the end of a course number used to designate an Inter-Domain course and Z is the suffix at the end of a course number used to designate a Linked course.

Advising Notes:

Entrance to Major requirements: To enter EBF, students must have a cumulative GPA of 2.8 or higher, complete the entrance to major courses (MATH 140, MATH 141, ECON 102) with a C or better, and apply to the major within 40-70 cumulative credits. Only students who are enrolled in EMSC or DUS are eligible to apply to EBF.

Courses required for the major may be offered fall semester only, spring semester only, or both fall and spring semesters.  Consult with your adviser and department to discuss your academic progress and course sequencing.  

Career Paths

Energy Business and Finance provides equally good preparation for a career or for further graduate study. EBF graduates pursue a wide variety of career options, most of which are in the energy or environmental sector. Many also pursue graduate study, especially when the EBF major is paired with a quantitative minor or concurrent major at Penn State.

Careers

There are hundreds of EBF alumni now working for oil and gas firms; electric utilities or power generation companies; consulting firms, banks, and insurance companies; or in the public and nonprofit sector. Common career roles for Energy Business and Finance majors include analyst positions, commodities trading and marketing, energy delivery scheduling, and project finance analysts. Energy Business and Finance students are also competitive for rotational programs with major energy firms.

MORE INFORMATION ABOUT POTENTIAL CAREER OPTIONS FOR GRADUATES OF THE ENERGY BUSINESS AND FINANCE PROGRAM

Opportunities for Graduate Studies

Graduates from the Energy Business and Finance program are well positioned for professional graduate study in economics, business, finance, and law. Students with strong research interests should consider the M.S. or Ph.D. programs in Energy and Mineral Engineering or Energy, Environmental and Food Economics.

MORE INFORMATION ABOUT OPPORTUNITIES FOR GRADUATE STUDIES

Professional Resources

Contact

University Park

JOHN AND WILLIE LEONE FAMILY DEPARTMENT OF ENERGY AND MINERAL ENGINEERING
113 Hosler Building
University Park, PA 16802
814-865-3437
eme@ems.psu.edu

http://www.eme.psu.edu