At which campus can I study this program?
Program Description
The minor in Energy, Business and Finance is an offering of the College of Earth and Mineral Sciences. The minor introduces students to financial, investment, and management concepts applied to private sector organizations whose operation emphasizes the Earth and its environment, the energy and mineral industries, or the development of new and enhanced materials. The minor focuses on the leadership and information strategies characteristic of enterprises that are succeeding in a rapidly integrating global economy.
The minor provides science and engineering students an introduction to basic entrepreneurial and business concepts to help prepare them for success in a changing professional environment. It also provides other Penn State students an opportunity to focus on business strategies in the Earth resources, environmental, and materials industries. A minimum of 27 credits is required for the minor. A student enrolled in this minor must receive a grade C or better in all courses in the minor. Advising is available through the EMS Student Center (14 Deike Building) or the professor in charge.
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. The minor in Energy Business and Finance provides an introduction to the major energy commodity markets, basic energy sciences and the tools for analyzing business decisions that companies in the energy sector make. It is designed to complement technical training for students interested in working in energy-related fields or for students who just want to learn more about global energy markets.
You Might Like This Program If...
- You want to work in the energy sector.
- You enjoy analytical thinking and complex problem solving.
- You are majoring in a STEM field with an eye on the energy sector, and want to broaden your education to include the study of economics, business and energy markets.
Program Requirements
| Requirement | Credits |
|---|---|
| Requirements for the Minor | 27-29 |
Requirements for the Minor
A grade of C or better is required for all courses in the minor, as specified by Senate Policy 59-10. In addition, at least six credits of the minor must be unique from the prescribed courses required by a student's major(s).
| Code | Title | Credits |
|---|---|---|
| Prescribed Courses | ||
| Prescribed Courses: Require a grade of C or better | ||
| EBF 200 | Introduction to Energy and Earth Sciences Economics  | 3 |
| EBF 301 | Global Finance for the Earth, Energy, and Materials Industries | 3 |
| ECON 102 | Introductory Microeconomic Analysis and Policy | 3 |
| EME 460 | Geo-resource Evaluation and Investment Analysis | 3 |
| Additional Courses | ||
| Additional Courses: Require a grade of C or better | ||
| Select 3-4 credits from: | 3-4 | |
| College Algebra With Analytic Geometry and Applications II | ||
| Techniques of Calculus I | ||
| Calculus With Analytic Geometry I | ||
| Select 3-4 credits from: | 3-4 | |
| Quantitative Analysis in Earth Sciences | ||
| Elementary Statistics | ||
| Experimental Methods | ||
| Select 3 credits of the following: | 3 | |
| Energy and the Environment | ||
| Energy Conservation for Environmental Protection | ||
| Oil: International Evolution | ||
| Supporting Courses and Related Areas | ||
| Supporting Courses and Related Areas: Require a grade of C or better | ||
| Select 6 credits from the approved list of EMS courses. Approved courses are: | 6 | |
| Strategic Corporate Finance for the Earth, Energy, and Materials Industries | ||
| Energy Law and Contracts | ||
| Risk Management in Energy Industries | ||
| Introduction to Electricity Markets | ||
| Energy Economics | ||
| Energy in a Changing World | ||
| Global Energy Enterprise | ||
| Geography of the Global Economy | ||
| Human Use of Environment | ||
| Geography of Water Resources | ||
| Energy Policy | ||
| Resource Governance in Africa | ||
| Energy Industry Applications of GIS | ||
| Natural Disasters | ||
| Geology of Oil and Gas | ||
| Application of Computers to Meteorology | ||
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
Molly Hanna
Academic Adviser
101A Hosler Building
University Park, PA 16802
814-865-8475
mkn6@psu.edu
Seth Blumsack
Professor of Energy Policy and Economics, Undergraduate Program Chair of Energy Business and Finance
156 Hosler Building
University Park, PA 16802
814-863-7597
blumsack@psu.edu
World Campus
Undergraduate Academic Advising
100 Innovation Blvd
Suite 225
University Park, PA 16803
814-863-3283
advising@worldcampus.psu.edu
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
World Campus
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