Starting in the 1998-99 academic year, the UT Department of Finance offered the first MBA specialization in energy finance. The cornerstone of this academic program is a newly-designed six-hour course sequence on the foundations of energy finance, addressing topics in the areas of asset valuation, corporate finance, and financial risk management. This course sequence is restricted and requires advanced approval for enrollment (based on program applications), and is held Mondays and Wednesdays in fall semester. Prerequisite courses are: BA 385T (Financial Management core MBA course), FIN 397.1 (Investment Theory), and FIN 394.1 (Advanced Corporate Finance).
This six-hour course is team-taught by two leading faculty in the UT Department of Finance, Professors Ehud Ronn, and Sheridan Titman. An important part of the students’ learning in the course includes presentations by key energy professionals. Students in this specialization also participate in professional seminars on the “physical” side of the energy business to provide background on topics such as energy exploration, production, and distribution.
MBA students graduating from this specialization will be better prepared to work in financial analysis, valuation, and trading positions with major oil and gas exploration, production, and distribution companies (such as El Paso and ConocoPhillips), energy trading firms (such as Mirant and Williams), power companies (such as Reliant Energy, Cinergy, and Duke Energy) as well as leading investment banking and financial services firms working in the energy industry.
The program is supported by the Center for Energy Finance Education and Research. The Center supports curriculum development and faculty research in the Department of Finance.
For additional information concerning the energy finance program, please contact Dr. Ehud Ronn.