The Business Core modules cover vital economic and business administration expertise alongside up-to-date management and leadership tools and techniques. The Specialization modules allow participants to gain profound knowledge, expertise and competencies in a chosen function or industry.
Below, please find an overview of all modules taught during the MBA. Click on the module names for detailed content information.
Addresses changes in demand, supply, and policies across the overall energy industry. Practices in the development and use of energy models to project the structure of future energy supply and demand. Assess the availability of resources and investments needed. Different objectives and utilities of short, medium, and long term outlooks. Understand key drivers of future energy demand, supply, and prices. Insights into the dynamics of energy geopolitics in the 21st century.
Analyze structural developments in energy markets and identify main drivers that shape the industry. Identify main players, their behavior, and their influence on supply and demand balances as well as on prices. Develop an approach to valuing reserves in oil and gas fields. Assess the risk and opportunities faced by companies that are investing in prospective but unstable countries:
Introduction to the alternatives of renewable energy sources and technologies. Integrate renewable sources of energy to electricity supply schemes. Develop sustainable electricity scenarios based on renewable and fossil energy. Estimate costs and need of startup financing for renewable energy. Differentiate between myths and realities of renewable energy.
Understand how political, legal, contractual, and institutional frameworks influence energy regulation. Learn about the challenges and opportunities associated with different model of regulation. Recent trends of energy regulation and its implications. Get insights into challenges and options for compliance enforcement of energy regulation.
Introduction to the foundation of energy trading and price formation mechanisms in the oil and gas industry. Understand the interdependence of different energy and financial markets and how energy prices are established.
Connect the learnings from all modules. Understand how to navigate in an industry characterized by turbulences and a major transition. Understand how to establish a strategy that best fits energy specifics. Evaluate current trends in the energy industry. Discuss their potential impacts on the strategic directions which an energy company can take.
Forum to discuss recent trends or specific issues with leaders in the field of energy. Visit leading energy companies.
At the end of the MBA program, students have to write a master's thesis in order to receive the academic degree of Master of Business Administration (MBA). The intention of the master's thesis is to guarantee that the graduate of the MBA program is able to write scientific papers on his or her own.
Lanre Anibaba, MBA
I came to the WU with almost 20 years working experience in the oil and gas business and yet was amazed as to how much more I’ve learnt about the energy business in such a short while. The MBA in Energy Management is rich in both content and structure with guest lecturers who are acclaimed practitioners in their fields. The faculty is very international, representing state-of-the-art knowledge while the diversity in student body ensures cross-cultural learning and the feeling of being at home regardless of where you come from. For me it’s been a challenging and yet an enriching experience.