Graduate Certificate in Energy Business

Graduate Certificate in Energy Business Overview

Our online Graduate Certificate in Energy Business is a 12-credit program that will help you translate your knowledge of accounting, finance, management, marketing, and business law to the rapidly growing energy industry. Our flexible online format enables you to complete coursework anywhere, 24/7, on your own schedule.

With a UT Permian Basin Graduate Certificate in Energy Business, you’ll gain in-demand qualifications and knowledge unique to the energy industry. This certificate is ideal for professionals working in an energy-related field who want to advance their career or move into analyst or management roles.

Careers for Graduate Certificate in Energy Business Holders

An online certificate in energy business from UT Permian Basin can provide you with the expertise needed to thrive in many positions in the energy industry, such as: 

  • Financial Analyst
  • Business Analyst
  • Business Consultant
  • Marketing Manager
  • Operations Manager

Want to take your career even farther? UT Permian Basin’s Online Master of Science in Energy Business is another valuable option, and students can apply credits from their Graduate Certificate in Energy Business toward completion of the MS program. Learn more here.

Prep Course

Required 3 credit hours.

Courses
Duration
Credits
BUSI 2342 - Principles of Statistics
8 weeks
3
The course is an introduction to the principles of statistics and their application to problems in business and economics. Topics include the basics of probability theory, descriptive statistics, sampling methods, statistical estimation, hypothesis testing, and the basics of linear regression. Prerequisite(s): MATH 1324
Prerequisites: MATH 1324 - Applications of Discrete Mathematics
Semesters Offered: Fall A 2022 Fall B 2022 Spring A 2023 Spring B 2023 Summer A 2023 Summer B 2023 Fall A 2023 Fall B 2023 Spring A 2024 Spring B 2024 Summer A 2024 Summer B 2024
Pre-Requisite Courses

Required 6 credit hours.

Courses
Duration
Credits
ACCT 6301 - Accounting Analysis
8 weeks
3
A foundation in the fundamentals of financial and managerial accounting information designed for the planning, assessment, and control of business entities. Emphasizes the use of information for decision-making. May not be taken for MPA core or elective credit.
Prerequisites: N/A
Semesters Offered: Fall B 2022 Spring A 2023 Spring B 2023 Summer A 2023 Summer B 2023 Fall A 2023 Fall B 2023 Spring A 2024 Spring B 2024 Summer A 2024 Fall A 2024 Spring A 2025
FINA 6320 - Financial Management
8 weeks
3
Survey of foundational concepts in financial management; in particular, introduction to capital budgeting and financing concepts that include discounted cash flow analysis and its applications to valuation of bonds, stocks, and corporate capital assets. Prerequisite(s): ACCT 6301 or equivalent.
Prerequisites: ACCT 6301 - Accounting Analysis
Semesters Offered: Fall B 2022 Spring A 2023 Spring B 2023 Summer A 2023 Summer B 2023 Fall A 2023 Fall B 2023 Spring A 2024 Spring B 2024
Specialty Courses

Required 12 credit hours. To be provided by advisor. Internship cannot be used

Courses
Duration
Credits
ACCT 6310 - Energy Accounting
16 weeks
3
The course will cover advanced topics in energy accounting. Topics include: joint interest audits, contractor audits, asset valuations, direct charges, carried interests, farmouts/farm-ins, transportation and refining, gas balancing, sub chapter K elections, tax credits, reclamation costs. Prerequisite(s): ACCT 6301 or equivalent.
Prerequisites: ACCT 6301 - Accounting Analysis
Semesters Offered: Whole Fall 2022
BUSI 6309 - Global Energy Business
8 weeks
3
This course aims to provide an introduction to the business of primary energy production. We will learn about the nature of demand and supply in the context of global energy markets, and business decisions for involvement in these markets. Students will be able to recognize the unique challenges facing the relevant companies. The course attempts to offer a broad perspective of these challenges for both businesses and policy makers in such dynamic and integrated global energy markets.
Prerequisites: N/A
Semesters Offered: Spring B 2023 Spring B 2024
FINA 6331 - Energy Finance
8 weeks
3
This course introduces students to the principal concepts and application in energy finance. Topics include: fundamentals of petroleum and value chain, oil and gas financial statement analysis, financing energy companies and projects, O&G database application, and energy risk management using derivative instruments. Students will complete an energy project incorporating major components of the course to tackle real-world problems. Prerequisite(s): FINA 6320 or equivalent.
Prerequisites: FINA 6320 - Financial Management
Semesters Offered: Summer A 2023 Summer A 2024
MNGT 6324 - Energy Law
8 weeks
3
A study of energy law, including primarily the oil and gas industry, with a general overview of alternative energy sources. Prerequisite(s): Graduate Standing
Prerequisites: N/A
Semesters Offered: Spring A 2023 Summer A 2023 Spring A 2024
FINA 6335 - Energy Investments
8 weeks
3
This course is designed as an introduction to the Energy Commodity, Equity, Bond, and Derivatives markets. Students will learn the unique nature of energy-related assets as hedging and speculative tools while understanding the volatility and dependence interactions between energy commodities and other conventional markets.
Prerequisites: FINA 6320 - Financial Management
Semesters Offered: Summer A 2023 Summer A 2024
MNGT 6305 - Energy Technology & Risk Management
8 weeks
3
This course will focus on the role of technology in the operation of an energy firm and expand the concept of risk management to an Enterprise Risk Management (ERM) focus. Students will learn the risks associated with technology and the use of patents, trademarks, and trade secrets to protect technological advantage and the development of a risk profile for a firm from an ERM perspective.
Prerequisites: N/A
Semesters Offered: Fall A 2023

Admission Requirements

Waived GRE and GMAT 

Requirements for graduate entrance exams (GRE, GMAT) are temporarily waived for graduate applicants. This waiver will apply through Fall 2022.

 

Our online Graduate Certificate in Energy Business is a beneficial add-on to your UT Permian Basin MBA, provided you meet the admission standards below.

 

Regular Admission Requirements

  • Bachelor’s degree from an accredited college or university
  • GPA of 3.00 or better in the last 60 credit hours

Conditional Admission

  • Bachelor’s degree from an accredited college or university
  • GPA between 2.99 and 2.5 in the last 60 credit hours of coursework leading to the baccalaureate degree
  • 2 letters of recommendation or professional email references

Conditional Admission With Dean’s Approval

  • Bachelor’s degree from an accredited college or university
  • GPA between 2.49 and 2.25 in the last 60 credit hours of coursework leading to the baccalaureate degree
  • GMAT with minimum score of 500 (based on GPA)
  • Essay expressing interest may be requested
  • 2 letters of recommendation or professional email references

Students granted conditional status will be changed to regular status upon successful completion of a minimum of 6 semester credit hours of Graduate Certificate in Energy Business coursework with a GPA of 3.0 or higher. 

Official Transcripts

Official copies of transcripts must come directly from the school in a sealed envelope and can be mailed to: 

UT Permian Basin
Office of Admissions
4901 E. University Blvd.
Odessa, TX 79762

Official transcripts in electronic format can be sent to admissions@utpb.edu.

Supporting Documents

All supporting documents related to a graduate program, such as letters of recommendation, essays, statements of interest, resumes, professional work experience, and awards should be sent to the Graduate Studies Office:

UT Permian Basin
Graduate Studies
4901 E. University Blvd.
Odessa, TX 79762-0001

Electronic versions of supporting documents may be emailed to gradstudies@utpb.edu. 

Application Fee

The application fee is $40.

If you have any questions regarding the admission requirements, please email mba@utpb.edu.

Chair of the Accounting, Finance, and Economics Department
Associate Professor of Finance
PhD, University of Texas at Arlington
MS, Texas Tech University
gormus_a@utpb.edu

Alper Gormus, PhD, is the chair of the accounting, finance, and economics department and an associate professor in finance. He is also a Jack D. Ladd Fellow and the coordinator of energy and finance programs. He has an MS in economics from Texas Tech University and a PhD in finance from The University of Texas at Arlington. Prior to his start at UTPB, he worked as faculty, teaching classes at The University of Texas at Arlington, Texas A&M University, and Texas Tech University. On the corporate side, Dr. Gormus has worked for several high-profile companies in various roles related to investments and financial analytics. His research interests include energy investments and international markets. His work has been published in several global academic journals including Energy Economics, Emerging Markets Finance and Trade, Economic Letters, and Global Finance Journal. Dr. Gormus teaches Energy Investments, Investments, and Corporate Finance.

“I strongly believe student success must be the driving factor for all we do in academia. In terms of how I contribute, combining my industry experience with academics has always served me well in the classroom. While I have worked in numerous projects across many areas in finance and economics, a large portion of my research has been in energy investments. I was fortunate enough to publish my research in some of the top academic journals in the field and I try to bring that expertise into the classroom.”

Senior Lecturer
LLM, George Mason University
PhD, University of Texas at Dallas
MS, University of Texas at Dallas
JD, Oklahoma City University
macdonald_s@utpb.edu

Stuart MacDonald, PhD, JD, LLM, is a senior lecturer of management within the College of Business at The University of Texas Permian Basin. He graduated in 2000 with a PhD in political economy from The University of Texas at Dallas and joined UTPB in the fall of 2019. Prior to his start at UTPB, he worked at a law firm, served as chair for the Department of Economics, Finance, General Business and International Trade, and served as faculty at Midwestern State University and the University of Central Oklahoma. His research interests include the oil and gas industry, ethical behavior, and game theory, and his work has been published in Oil and Gas Quarterly, the Journal of Education and Business Leadership, and the Southwest Journal of Business and Economics. Dr. MacDonald will be teaching the following courses within the management undergraduate program: Energy Law and Environmental Law & Regulation in the Energy Industry.

“Many spectacular business failures such as Enron can be traced to leadership that was smart enough to manipulate the law but not wise enough to know when they shouldn’t. Guided by that, I endeavor to show my students that the law, more than a constraint, is actually a tool that can be used to gain and maintain a competitive advantage, as long as they have the wisdom to know how far is too far.”

We’re pleased to offer program admission on a rolling basis.

Rolling admission refers to our process of accepting and evaluating applications as we receive them and moving any applications that miss the deadline to the next semester. However, if you want to enroll in courses for a specific semester, you will need to make note of the application deadlines found below. If you don’t complete your application and submit the required materials by the deadline, your application will be rolled over to the next semester. 

LengthCourses BeginCourses EndApplication DeadlineDocument DeadlineRegistration OpensRegistration DeadlinePayment DeadlineLast Day to Withdraw
Whole Fall8/29/2212/16/228/15/228/22/224/1/229/7/228/26/2211/4/22
LengthCourses BeginCourses EndApplication DeadlineDocument DeadlineRegistration OpensRegistration DeadlinePayment DeadlineLast Day to Withdraw
Whole Spring1/9/235/5/2312/19/221/2/2311/1/221/18/231/6/233/24/23
LengthCourses BeginCourses EndApplication DeadlineDocument DeadlineRegistration OpensRegistration DeadlinePayment DeadlineLast Day to Withdraw
Summer A5/8/237/7/234/24/235/1/234/1/235/10/235/5/236/2/23
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