EMBA-Executive Energy MBA

This is an archived copy of the 2018-2019 catalog. To access the most recent version of the catalog, please visit http://ou-public.courseleaf.com.

EMBA 5001. Global Perspectives in Energy.1 Credit Hour.

Prerequisite: graduate standing, EMBA students only. An introduction to the global energy industry and the value chain for crude oil, natural gas and natural gas liquids. History and current issues faced globally. Provides a broad look at economic and energy fundamentals of world energy supply and demand, including existing and emerging strategies for downstream industries and the impact of disruptive forces on the energy industry. (Irreg.)

EMBA 5012. Energy Policy and Regulations.2 Credit Hours.

Prerequisites: graduate standing, EMBA students only. Examines global energy policy and regulatory development emphasizing: resource access, business-government relations, environmental protection, social responsibility, and sustainability. Topics explored from the perspectives of government, business, citizens and civil society stakeholder groups, emphasizing unique positions of various major energy-producing regions worldwide. (Irreg.)

EMBA 5022. Accounting I.2 Credit Hours.

Prerequisites: graduate standing, EMBA students only. This course use concepts from financial accounting and managerial accounting and apply them to specific reporting issues in the energy industry as well as presentation of the information on the financial statements of an oil and gas company. Reviews the accounting cycle with an emphasis on the proper accounting treatment of energy related activities actions (e.g., acquisition of mineral interests, geological and geophysical costs). (Irreg.)

EMBA 5031. Organizational Behavior.1 Credit Hour.

Prerequisites: graduate standing, EMBA students only. For students responsible for leading and managing HR in the energy industry and seeks to increase students' understanding of individual behavior in organizations. Explores theories and concepts of organizational behavior to address managerial problems. Topics include: management challenges; the use of evidence-based management; managing diversity; motivating, evaluating, and rewarding employees; and creating a positive work environment and achieving personal well-being. (Irreg.)

EMBA 5042. Energy Economics.2 Credit Hours.

Prerequisite: graduate standing, EMBA students only. Economic concepts and analysis as used in managerial decision-making in energy companies with emphasis on demand, supply, market equilibrium, elasticity, perfect competition, external effects and public goods, market power and monopoly, natural monopolies, dominance and economic regulation, mergers, cartels, collusion and antitrust, oligopolistic models, GDP, unemployment rates, and price indices, and the interrelations among the different sectors of the economy. (Irreg.)

EMBA 5052. Financial Markets and Securities.2 Credit Hours.

Prerequisites: graduate standing, EMBA students only. Provides a strong foundation for an understanding of financial markets and the main types of securities traded in these markets. The topics covered in the course include trading structure, risk and return, portfolio theory, asset pricing models, market efficiency and an introduction to the nature and valuation of equities, bonds, and options. (Irreg.)

EMBA 5062. Quantitative Methods and Models.2 Credit Hours.

Prerequisites: graduate standing, EMBA students only. Understanding and applying quantitative methods and models in the context of energy management. The content of this course is organized around three modules: summarizing quantitative data; relating and comparing data; and, predicting outcomes based on sample data. The topics covered in these modules include descriptive statistics, associative statistics, regression, multiple regression, and inferential statistics. (Irreg.)

EMBA 5072. Corporate Finance.2 Credit Hours.

Prerequisites: graduate standing, EMBA students only. Provides students with the analytical and conceptual skills required in the modern practice of corporate financial management in energy organizations. The course will focus on three key areas of financial management: (1) the optimal allocation of capital; (2) the optimal choices for raising capital; (3) the optimal management of risk in conjunction with (1) and (2). Includes application of finance theory to solving real business problems in energy companies, and emphasizes the importance of technology and globalization to the modern practice of finance. (Irreg.)

EMBA 5082. Strategic Management.2 Credit Hours.

Prerequisites: graduate standing, EMBA students only. Examines management decisions and actions to improve an organization's competitiveness in global business environments. Uses a variety of pedagogies to integrate strategies, and students will develop skills to formulate, implement, and evaluate organizational strategies that play across the energy industry in rapidly changing environments. (Irreg.)

EMBA 5092. Accounting II.2 Credit Hours.

Prerequisites: graduate standing, EMBA students only. Continuation of topics from Accounting I. Examines more advanced financial reporting issues (such as revenue accounting, asset retirement obligations, and supplemental footnote disclosures) and how they affect the basic financial statements. Current SEC developments, recent SFAS, introduction of oil and gas taxation and comparison of financial accounting rules to tax accounting rules. (Irreg.)

EMBA 5101. Legal Institutions and Ethics.1 Credit Hour.

Prerequisites: graduate standing, EMBA students only. Examines enduring ethical, legal and regulatory issues both within and without the energy sector. After tracing the economic and philosophic basis for ethics and law, the course emphasizes the psychological barriers to ethical decision making, the peculiar trappings of the Common Law System, and the meaning of legal obedience. (Irreg.)

EMBA 5111. Management Information Systems.1 Credit Hour.

Prerequisites: graduate standing, EMBA students only. Managers in energy organization need to understand the pathways for improving performance through IT-enablement and to be active participants in decisions regarding investing in and implementing IT-enabled business solutions and supporting infrastructures. This course provides student with an awareness and understanding of the technologies and issues they are likely to confront in their roles as managers in an energy organization. (Irreg.)

EMBA 5122. Oil and Gas Property and Contracts.2 Credit Hours.

Prerequisites: graduate standing, EMBA students only. Focuses on the process of managing the use and development of land resources. The course examines ways that private persons and companies make their own law through negotiating and entering into contracts, the creation and transfer of interests in real property and intellectual property, and the framework for land ownership and land use both in the United States and internationally. (Irreg.)

EMBA 5131. Alternative Energy: Power & Fuels.1 Credit Hour.

Prerequisites: graduate standing, EMBA students only. Considers interest in renewable energy from the view that meeting global energy demand is "all of the above." Examines traditional energy firms possibly adding alternative energy to its offerings. Provides student with a broad overview of how renewable energy affects markets today, renewable energy technology, and its cost effectiveness compared to other energy sources and its future penetration rate projections. (Irreg.)

EMBA 5141. Supply Chain.1 Credit Hour.

Prerequisites: Graduate standing, EMBA students only. An overview of supply chain management principles and management considerations vis-a-vis the energy industry. Students are exposed to frameworks to evaluate the efficiency and effectiveness of a supply chain function, methodologies for managing organizational expenditures, and techniques for maximizing value from supply chain operations. Additional topics are: strategic sourcing, inventory management, global sourcing, contract management, and ethics. (Irreg.)

EMBA 5152. Derivative Securities and Markets.2 Credit Hours.

Prerequisites: graduate standing, EMBA students only. Develop an understanding, both intellectual and practical, of the organization and micro-structure of the markets for forward, futures, and options contracts, the principles governing the valuation of these "derivative" securities, and the ways in which these securities can be used effectively in investment banking, portfolio management, hedging, and risk management. Particular attention is paid to energy derivatives and the perspective of the energy sector. (Irreg.)

EMBA 5162. Energy Assets and Commodities Trading.2 Credit Hours.

Prerequisites: graduate standing, EMBA students only. Provides a comprehensive and in-depth review of the market for energy assets and commodities: including trading platforms, pricing issues, forecasting, role and linkage with associated futures, forwards and options contracts, study of "basis" and spreads, and hedging strategies. The course will be anchored solidly within a theoretical conceptual framework and be supported with relevant case studies. (Irreg.)

EMBA 5172. Risk Management and Financial Engineering.2 Credit Hours.

Prerequisites: graduate standing, EMBA students only. Emphasizes the applications, risk measurement and management (including risk management using derivatives) and using option modeling in firm decision making. The four main topic areas (in order covered) are: (1) derivatives and financial engineering, (2) real options, (3) measuring and managing risk, and (4) examination of corporate failures attributable to derivatives. Particular attention is paid to the energy industry and especially the natural gas industry. (Irreg.)

EMBA 5182. Enterprise Valuation, Mergers and Acquisitions, and Corporate Restructuring.2 Credit Hours.

Prerequisite: graduate standing, EMBA students only. The course covers major aspects of M&A and other corporate restructuring transactions; reasons that deals are done, the mechanics of the transactions, the valuation of the firms involved, various aspects of deal structure, the roles and incentives of the parties involved, and related issues. Brings together materials from previous finance courses and links financial decision-making with firm's overall business strategy. (Irreg.)

EMBA 5191. Marketing Strategy.1 Credit Hour.

Prerequisites: graduate students, EMBA students only. Covers the challenges faced by the energy industry in developing new markets for its products, and how to manage customer and client relations. Students will learn practical marketing tools and how they can be used to affect corporate strategy. Topics include the strategic marketing process, oil, gas and NGL valuation, market segmentation, supply chain and logistics, pricing mechanisms and hedging. (Irreg.)

EMBA 5201. Leadership and Managing Change.1 Credit Hour.

Prerequisites: graduate standing, EMBA students only. Provides a theoretical understanding and skill development necessary for being an effective leader and manage organizational change. Identify ways to become a more effective leader by applying theories of human behavior to solve day-to-day problems of organizational administration. Examines core decision-making challenges, complex change scenarios, and leadership approaches and strategies to manage change in the context of the energy industry. (Irreg.)

EMBA 5212. Economic Project Evaluation- Capstone.2 Credit Hours.

Prerequisites: graduate standing, EMBA students only. This course brings together concepts to make better economic decisions in the energy industry. Examines ways to evaluate an energy project's economic viability from an investment opportunity and develop the skills needed to make economic evaluations to assess such projects. The participants perform economic evaluations of field development projects and practice creating value during negotiation skills for an oilfield acquisition. (Irreg.)

EMBA 5222. Corporate Finance and Risk Management.2 Credit Hours.

Prerequisites: graduate standing, EMBA students only. Provides students with the analytical and conceptual skills required in the modern practice of corporate financial management in energy organizations. Will focus on three key areas: (1) optimal allocation of capital; (2) optimal choices for raising capital; (3) optimal management of risk in conjunction with (1) and (2) including measuring and managing risk in energy companies. (Irreg.)

EMBA 5232. Energy Law.2 Credit Hours.

Prerequisites: graduate standing, EMBA students only. From "wellhead to burner-tip" or "shale to sail" - This course will cover the law and regulation related to the full value chain of energy: upstream, midstream (transport, gathering, processing, fractionation); downstream (oil, gas, liquids - petrochem, refining, industrial, commercial, residential). This class will primarily focus on oil and gas but will also cover electric, coal, renewable and international energy topics. (Irreg.)

EMBA 5242. Reserve Valuation and Reporting.2 Credit Hours.

Prerequisites: graduate standing, EMBA students only. Key objectives are learning compliant methods of preparing reserves/resources estimates, learning to estimate and understand the composition of and variables to the estimates, understanding the impact of economics on those estimates, properly classifying those estimates using current industry accepted definitions, and understanding the use of reports. Will discuss utilizing a reserves report as the basis for company modeling projections. (Irreg.)