Welcome to the Full-Time Masters of Business Administration (MBA) in Energy Industry Management
The MBA programme is designed for industry professionals from any discipline who wish to gain a basic grounding in international management practises and specialist knowledge in the fields of petroleum, energy, mining, water or international business transactions. It is suitable for those aspiring to be asset managers or project managers within these industries.
Structure
The MBA is made up of 270 credits as follows:
Credits |
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20 |
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Management Foundation (core modules) |
60 |
60 |
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60 |
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Discretionary modules, for example, Managament and Personal Skills Development |
30 |
Applied Management in International Business and the Extractive Industries |
40 |
270 |
To find out everything you need to know about the programme, please click on the headings above. Additional useful information about the MBA can be found using the links in the table below:
Programme |
Finance |
Other |
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Induction Programme (20 credits)
The Induction Programme provides students with vital knowledge and skills before they embark of the main components of CEPMLP’s taught Masters and Diploma programmes. CEPMLP student have a wide range of academic and professional backgrounds and the Induction Programme provides each student with a basic introduction to all the main disciplines included in the degrees programmes, namely law, economics, finance and geology. It also provides training in research methods.
Management Foundation
Economics for Business Managers (20 credits)
The module is aimed at presenting and developing practical applications of economic theory and analytical tools to business decisions. The emphasis is on the study of the production decisions, the interaction of firms in different market structures, and the international financial market. Real world examples from the energy industries will be utilized to demonstrate the theoretical models developed in the class.
Foundation Accounting (20 credits)
The principle aim of this course is to give an appropriate understanding of the published accounts of a company and their underlying practices and processes, so that an effective contribution may be given, to the senior financial management of an organisation. Particular emphasis is given to accounts of the extractive industries.
Foundation Finance (20 credits)
This module will introduce students to the complexities of business finance and aim to give them an understanding of the issues business managers in the energy and extractive industries are required to consider in the decision-making process. All managers, in all types of organisations, have to be constantly aware of the financial implications of decisions being made, including sources and cost of finance, return on investment, management of working capital requirements and of associated business and financial risk. The module is designed to give students an appreciation of the financial management issues they will confront as managers and to give them the confidence in the understanding of finance to be able to ensure the correct financial information is available to them to allow for well informed decision making.
Management Processes
Human Resources Management (20 credits)
This course aims to provide students with a strategic understanding and key skills in managing people in organizations. It focuses on the core human resource problems faced by all organizations, including culture change, the contribution of human resources to organizational performance and change, and the developing role of information and communication technologies (ICT), recruitment, selection and retention, human resource development and managing knowledge, motivation and performance management, compensation and rewards, the design of work, and employee relations.
Marketing (20 credits)
Acquire knowledge of current theories in marketing and understand their application to corporations in the public and private sectors in a global context.
Strategic Management & Organisational Analysis (20 credits)
This module will encourage a critical and reflexive orientation to the understanding of successful approaches to strategic management and organisational analysis and develop understanding of the requirements for effective executive and organisational analyses and decision making in an increasingly complex and uncertain business environment. The module will develop an appreciation of basic concepts and essential strategic and organisational management tools for understanding data and analysing decisions. Students will learn the analytic skills needed to accomplish, defend and critique a business analysis.
Core Specialist Modules: Candidates are required to take a minimum of 3 modules from the following list:
Commodity Trading and Strategic Asset Optimisation in the Energy Industry (10 credits)
The main objective of this course is to help students to understand commercial strategies currently utilized in the energy trading and marketing industry. The module will give a basic introductory overview, and practical applications of the financial and economic theories, and methodologies utilized in real and financial trading activities, options pricing, real options valuation techniques and asset optimization.
Downstream Energy Law and Policy (20 credits)
The primary objective of the course is to provide an introduction and background to the way in which legislation and regulation can be used to implement policy decisions in the downstream energy industries. The emphasis is on understanding the way in which policy decisions to restructure the (electricity and gas) industries lead to changes in both legislation and the approach of regulators. The skill is to identify what makes particular approaches successful in particular legal environments. This course is not aimed only at lawyers, but also at those influencing the policy debate who must have an understanding of the implementation of policy changes.
EC Energy, Environmental and Natural Resources Law and Policy (20 credits)
The principal aim of the course is to provide an introduction to the main law and policy issues relating to the energy sector of the EC. An introduction to EC institutions, its legal system and its procedures and origins is provided, with particular reference to energy issues. Particular emphasis is placed upon the policy of increasing energy integration among the 27 Member States, known as the Internal Energy Market, and the possible lessons it may yield for liberalisation in other parts of the world (in addressing problems such as stranded costs, unbundling and third party access, for example). The EU external policy towards non-member countries is also considered as is the growing role of environmental policy in fields such as renewable energy and climate change. The approach does not presuppose any previous knowledge of EC law on the part of the student, but this would be an advantage.
Economics of Regulation and Restructuring of Energy Industries (20 credits)
This course aims at introducing students to the concept of economic regulation of energy industries; economic rationale behind restructuring of energy industries and highlighting the tariff and other policy issues related to regulation and restructuring. The course is designed for an interdisciplinary audience and will not require background in economics.
Energy Economics the Issues (20 credits)
The main aim is to equip the students with an understanding of how economic analysis can help inform and understand energy issues. This requires the students to be familiar both with the relevant economic analysis and technical dimensions of energy. In addition the course enables the student to become familiar with current issues in the industry.
Energy Economics the Tools (20 credits)
The main aim is to equip the students with an understanding of how economic analysis can help inform and understand energy issues. This requires the students to be familiar both with the relevant economic analysis and technical dimensions of energy. In addition the course enables the student to become familiar with current issues in the industry.
Quantitative Methods for Energy Economists I (10 credits)
The main objective of this course is to help students to understand quantitative methods, and forecasting tools currently utilized in the energy industry. The module will give a basic introductory overview, and practical applications of the basic quantitative theories, and methodologies utilized in forecasting.
Applied Management in International Business and the Extractive Industries
Taught Route:
Business Strategy in the Extractive Industries (20 credits)
The main objective of the course is to provide an inter-disciplinary framework for the strategic analysis of firms and markets in the extractive industries. Drawing on core topics in the MBA curriculum, in particular on the Strategic Planning module, this module uses the field of corporate strategy to provide a series of opportunities for integrated analysis of strategies applied in the extractive industries.
Strategic Management & Organisational Analysis (20 credits)
This module will encourage a critical and reflexive orientation to the understanding of successful approaches to strategic management and organisational analysis and develop understanding of the requirements for effective executive and organisational analyses and decision making in an increasingly complex and uncertain business environment. The module will develop an appreciation of basic concepts and essential strategic and organisational management tools for understanding data and analysing decisions. Students will learn the analytic skills needed to accomplish, defend and critique a business analysis.
Self-Directed with Supervision:
Placement Project (12,000 words): Candidates are required to source an organisation willing to offer a 3-month work placement, approved by an academic supervisor. The Placement includes the submission of a written report as part of the assessment.
or
Dissertation (12,000 words): Candidates are required to write a Dissertation of up to 12,000 words on a topic approved by an academic supervisor.
