MBA with Certificate in Energy Business 

MBA with Certificate in Energy Business Program Overview

Our AACSB-accredited online Master of Business Administration with Certificate in Energy Business is a 36- to 45-credit program that provides highly marketable operational knowledge and leadership skills with an in-depth focus on the energy industry.

Our MBA with Certificate in Energy Business prepares you to work at different levels in the energy industry and  can be completed in as little as four semesters. Each online course is taught by the same doctoral-level business professionals who teach on campus.

Careers for MBA with Certificate in Energy Business

UT Permian Basin’s online program will prepare you for advancement in a wide variety of corporate careers in the energy industry, including:

  • Financial Analyst
  • Financial Manager
  • Budget Analyst
  • Operations Manager
  • Business Development 
  • Planning Analyst
Prep Course

Upon admission (regular and conditional), students will be evaluated for statistical literacy. Students who need additional skills in this area are referred to BUSI2342 until literacy requirement is fulfilled. Statistical literacy (BUSI2342) must be remedied in the first semester in which the student is accepted into the MBA program and must be taken before the student enrolls in ACCT 6301, BUSI 6302, FINA 6321, FINA 6320, MNGT 6366, or electives in accounting, finance, management, or marketing.

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
Core Courses

12 credit hours required.

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: Summer B 2022 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
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: Summer B 2022 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
MNGT 6360 - Organizational Behavior
8 weeks
3
The systematic study of individual, team, and structural characteristics that influence behavior within organizations. Cross-cultural applications are discussed.
Prerequisites: N/A
Semesters Offered: Fall A 2022 Spring A 2023 Summer A 2023 Fall A 2023 Spring A 2024 Summer A 2024 Fall A 2024 Spring A 2025 Summer A 2025 Fall A 2025
MRKT 6310 - Marketing Management
8 weeks
3
An analysis of the customer/market relationships with the company in an open market system characterized by the presence of strong competition within a very fluid business environment. Managerial decision making with this matrix will be stressed.
Prerequisites: N/A
Semesters Offered: Summer B 2022 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 Fall A 2024 Fall B 2024 Spring A 2025 Spring B 2025 Summer A 2025 Summer B 2025 Fall A 2025 Fall B 2025
Courses Beyond Core

21 credit hours required.

Courses
Duration
Credits
ACCT 6302 - Contemporary Control Systems
8 weeks
3
A study of the design, implementation, and evaluation of control systems intended to support and direct strategic objectives of various organizations.
Prerequisites: ACCT 6301 - Accounting Analysis
Semesters Offered: Summer B 2022 Fall B 2022 Spring B 2023 Summer B 2023 Fall B 2023 Spring B 2024
MNGT 6320 - Production & Operations Management
8 weeks
3
The role of the operations management function within the context of an organization, be it public or private, profit or nonprofit, manufacturing or service. The course emphasizes the application of concepts of in process analysis, material management, and quality management. Both quantitative and behavioral perspectives are presented.
Prerequisites: N/A
Semesters Offered: Summer B 2022 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 Fall A 2024 Fall B 2024 Spring A 2025 Spring B 2025 Summer A 2025 Summer B 2025 Fall A 2025 Fall B 2025
MNGT 6301 - Legal Environment of Business
8 weeks
3
A foundation in the role of law in our system of business and commerce both facilitating and constraining business decision-making. In addition, this course will introduce the operation of legal institutions and the fundamentals of legal reasoning.
Prerequisites: N/A
Semesters Offered: Summer B 2022 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
MNGT 6366 - Strategic Management
8 weeks
3
Opportunity for development and implementation of knowledge from multiple disciplines and integration of viewpoints of different functions of an organization. Case evaluation and discussion are stressed.
Prerequisites: ACCT 6301 - Accounting Analysis FINA 6320 - Financial Management MNGT 6360 - Organizational Behavior MRKT 6310 - Marketing Management
Semesters Offered: Summer B 2022 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 Fall A 2024 Fall B 2024 Spring A 2025 Spring B 2025 Summer A 2025 Summer B 2025 Fall A 2025 Fall B 2025
BUSI 6302 - Business Analytics
8 weeks
3
This course introduces the practical and advanced data analytics for all business majors. The course covers topics of script programming, data/statistical analysis, and data visualization. Students will practice data analytic methods and use related software to solve real-world business questions.
Prerequisites: N/A
Semesters Offered: Fall A 2022 Spring A 2023 Summer A 2023 Fall A 2023 Spring A 2024 Summer A 2024
BUSI 6325 - International Business
8 weeks
3
The course investigates government and businesses across borders and the dynamics between countries/regions, including country profiles, national economic policies, regional integration, trade, law, and foreign direct investment. This course is macro in nature and focuses on international business and its overriding theories, and how to apply them in management decisions. Cross-listed with MRKT 6301.
Prerequisites: N/A
Semesters Offered: Summer B 2022 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 Fall A 2024 Fall B 2024 Spring A 2025 Spring B 2025 Summer A 2025 Summer B 2025 Fall A 2025 Fall B 2025
FINA 6321 - Corporate Finance & Strategy
8 weeks
3
Intermediate-level course covering modern corporate finance concepts. Course topics include advance capital budgeting and financing techniques as well as financial risk management and various asset valuation techniques including concepts related to Mergers and Acquisitions. Prerequisite(s): FINA 6320 or the equivalent
Prerequisites: FINA 6320 - Financial Management
Semesters Offered: Summer B 2022 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
Specialty Courses

12 credit hours required. Select courses from the list below.

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 Whole Fall 2023
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 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 technological 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 2022 Fall A 2023
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: Summer B 2022 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

Admission Requirements

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

  • Official transcripts certifying a bachelor’s degree awarded by 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
  • Allowed to take up to 12 credit hours as advised and must earn a B or better
    • If student earns below a B, GMAT is required for readmission
  • No elective course may be taken by a student in conditional status

Conditional Admission With Dean’s Approval

  • Official transcripts certifying a bachelor’s degree awarded by 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
  • Allowed to take up to 12 credit hours and must earn a B or better
  • No elective course may be taken by a student in conditional status

Students granted conditional status will be changed to regular status upon successful completion of a minimum of 12 semester credit hours of MBA coursework with a grade of B or better in each course taken.

Official Transcripts

Copies of official 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. 

Waiver Policy

If you have an undergraduate degree in business, you may be able to complete the program with as few as 36 credit hours. If your undergraduate degree is not in business, you will have to complete all 45 credit hours.

Application Fee

The application fee is $40.

Director of Graduate Progams, UT Permian Basin
College of Business
Professor of Marketing
saran_a@utpb.edu

Anshu Saran, PhD, is a professor of marketing within the College of Business at The University of Texas Permian Basin. Graduating with his PhD from The University of Texas – Pan American, he joined UTPB in the fall of 2006. Prior to this, he served as faculty and taught at the APS University Rewa, Amity Business School Noida, and The University of Texas – Pan American. His research includes competing in the global marketplace, marketing strategies, social media ad marketing, and cultural differences in international business and marketing. His work has been published in the International Journal of Business Research, Journal of International Business Research, and Journal of Global Marketing. Accumulating work experience for 12 years in different parts of the world, he served as chief operating officer for Tata International Ltd. along with other accolades in India. Dr. Saran currently teaches the following classes within the MBA program: International Business (on-campus and online) and Marketing Strategy.

“My research interests and experience in international business and marketing have supported my academic endeavors and helped me incorporate industry examples in the curriculum, creating value for students and supporting their job and career progression.”

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. 

SemesterCourses BeginCourses EndApplication DeadlineDocument DeadlineRegistration OpensRegistration DeadlineTuition & Fees DeadlineLast Day to Withdraw
Whole Summer5/31/228/4/225/17/225/24/224/1/225/11/225/6/226/10/22
Summer A5/9/226/24/224/25/225/2/224/1/225/11/225/6/226/10/22
Summer B6/27/228/11/226/13/226/20/224/1/226/29/226/24/227/29/22
LengthCourses BeginCourses EndApplication DeadlineDocument DeadlineRegistration OpensRegistration DeadlinePayment DeadlineLast Day to Withdraw
Whole Fall8/29/2212/16/228/15/228/22/224/1/229/7/22 8/26/22 11/4/22
Fall A8/29/2210/21/22 8/15/22 8/22/224/1/228/31/228/26/229/30/22
Fall B10/24/22 12/16/22 10/10/2210/17/224/1/2210/26/2210/21/2211/23/22
LengthCourses BeginCourses EndApplication DeadlineDocument DeadlineRegistration OpensRegistration DeadlinePayment DeadlineLast Day to Withdraw
Whole Spring1/9/235/5/2312/26/221/2/2311/1/221/18/231/6/233/24/23
Spring A1/9/233/3/23 12/26/221/2/2311/1/221/11/231/6/232/9/23
Spring B3/13/23 5/5/232/27/233/6/2311/1/223/15/233/10/234/14/23
LengthCourses BeginCourses EndApplication DeadlineDocument DeadlineRegistration OpensRegistration DeadlinePayment DeadlineLast Day to Withdraw
Whole Summer5/22/237/27/235/8/235/15/234/1/235/24/235/19/236/29/23
Summer A5/8/236/23/23 4/24/235/1/234/1/235/10/235/5/236/2/23
Summer B6/26/23 8/10/236/12/236/19/234/1/236/28/236/23/237/21/23
LengthCourses BeginCourses EndApplication DeadlineDocument DeadlineRegistration OpensRegistration DeadlinePayment DeadlineLast Day to Withdraw
Whole Fall8/21/2312/8/238/7/238/14/234/1/238/29/238/18/2310/27/23
Fall A8/21/2310/13/23 8/7/238/14/234/1/238/23/238/18/239/22/23
Fall B10/16/23 12/8/2310/2/2310/9/234/1/2310/18/2310/13/2311/17/23
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