Energy Strategy & Finance. Program. Leaders from Alberta for the World

Transcription

1 Energy Strategy & Finance Program Leaders from Alberta for the World

2 The McCombs School of Business at The University of Texas and Executive Education at the University of Alberta have initiated a partnership to serve leaders seeking a competitive edge in the ever-evolving, global context of the Energy industry. The Energy Strategy and Finance certificate is newly developed and encourages participants to challenge modern perspectives, as well as gain relevant, practical knowledge from world-leading academics, local industry experts and prominent guest speakers. Is This Program for You? You are responsible for enhancing long-term strategy while demonstrating a commitment to organizational growth within an ever-changing environment. You are interested in strengthening the productivity and financial literacy of your team while improving your interpersonal skills to build stronger alliances. You are a service provider or supplier who could benefit from the depth of research and communication tools applied within this certificate. Apply online at or call (403) Program Highlights Graduate with a dual Executive Education certificate from The University of Texas and the University of Alberta, highlighting an academic partnership serving a global business environment. Gain insights from award-winning faculty in their respected fields, contributing innovative research specific to the demands faced by your team. Connect with professional counterparts facing similar challenges on an international scale, in their own backyard where their economy is tied directly to the energy industry. Opt for the flexibility to complete one module per year and graduate with the full certificate over the period of two years.

3 Instructors Dr. Andrew Leach Dr. Andrew Leach is an energy and environmental economist and Associate Professor at the Alberta School of Business at the University of Alberta. He has a Ph.D. in Economics from Queen s University, and M.A. (Economics) from the University of Guelph. Dr. Leach teaches courses in energy markets and environmental management with academic research interests spanning climate & energy economics and policy. Dr. Leach has also consulted for Environment Canada, the National Roundtable on the Environment and the Economy (NRTEE), the Auditor General of Alberta, Alberta Environment, Alberta Finance and Enterprise, and Alberta Energy. Dr. Christopher Meakin Dr. Christopher Meakin is a member of the Business, Government and Society faculty at the McCombs School of Business, University of Texas at Austin. He received a B.B.A. in Management and Business Analysis from Texas A&M University, a M.A. in Legal History from Rice University and a J.D. from the University of Houston. He teaches courses on negotiations, ethics, corporate social responsibility, corporate law, marketing law, and the legal environment of business. He is also a member of the Entrepreneurship Group where he teaches a course on legal issues involved in launching a new business. Dr. Meakin has also served McCombs as an assistant dean in the fulltime MBA Program. Dr. Edy Wong Dr. Edy Wong graduated with a PhD from the University of Alberta, specializing in International Business and Economic Development. With a keen interest in Asia, he has focused on the Asia-Pacific region and international business issues in both his research and business activities. Dr. Wong was twice named one of the 50 most influential people in Alberta business by Alberta Venture Magazine. As an expert on cross cultural management, Dr. Wong has been active in the training of Chinese and Canadian executives and government officials in China and Canada over the past decade. Dr. Ehud Ronn Dr. Ehud Ronn is the Director of the Center for Energy Finance Education and Research at the University of Texas, McCombs School of Business. His research is primarily in the area of energy risk: modeling, measurement and management. He has published articles on banking, investments, interest rate-sensitive instruments, and energy derivatives in academic and practitioner literature. Additionally, since 1993, he has served as consultant to Federal and State government agencies, an insurance company, investment banks, a risk advisory firm and an energy-derivative software vendor in the interest-rate and energy-commodity arenas. Dr. Jim Dyer Dr. James S. Dyer works within the Department of Information, Risk, and Operations Management and is the Fondren Foundation Centennial Chair in Business. Dr. Dyer received his both his B.A. and Ph.D. from The University of Texas at Austin. His research and teaching interests include risk management, multiple criteria decision making, and capital budgeting. In addition, he has won a number of professional awards over the past decade for his contributions to teaching and research. Dr. John Butler Dr. John Butler is a Clinical Associate Professor within the Department of Finance at the McCombs School of Business with the University of Texas. He is well published, with research interests covering areas related to assessment for risk-value models, predicting objectives in preference models, decision support systems as well as learning, imitation and the use of knowledge. Dr. Butler sits on a number of editorial boards related to decision analysis and decision support systems and has won a number of professional and teaching awards. Dr. Joseph Doucet Dr. Joseph Doucet became Dean of the Alberta School of Business in July 2013 after joining the School in 2000 and spending time as the Enbridge Professor of Energy Policy. He earned his PhD from the University of California, Berkeley and has research interests in the areas of energy & regulatory economics and policy. He regularly provides strategic advice to firms and governments in these areas. His research has appeared in journals such as the Journal of Regulatory Economics, the Canadian Journal of Economics, Energy Economics and The Energy Journal. Dr. Randall Morck Dr. Randall Morck holds the Stephen A. Jarislowsky Distinguished Chair in Finance at the University of Alberta School of Business, and is a Research Associate with the National Bureau of Economic Research in Cambridge, Massachusetts. He graduated summa cum laude from Yale, and earned a PhD from Harvard, where he returns periodically as a visiting professor. Professor Morck has published over 70 articles on corporate governance, corporate ownership, and corporate finance in academic journals such as the American Economic Review, Journal of Finance, and Journal of Financial Economics. Professor Morck has also served as a consultant to the Canadian and U.S. governments, the World Bank, and the International Monetary Fund.

4 Program Details Time: 8:30 4:30pm Location: Strategic Energy Sourcing & Risk Management AT&T Executive Education & Conference Centre, McCombs School of Business (Austin, Texas) Energy Markets & Valuation The Banff Centre, Alberta School of Business (Banff, Alberta) Full Program Fee: $11,000 CAD (plus GST) Individual Module Fee: $5,500 CAD (plus GST) Fees include course delivery, all program materials, breakfast, lunch and refreshments. Logistics: An electronic confirmation will be sent to you in advance of the program start date. Pre-course material will be sent via (where applicable) prior to each session. Registration and Payment Payment is due prior to the commencement of the program. Acceptable methods of payment include: credit card (MasterCard, American Express or Visa), purchase order/invoice to the organization, or cheque made payable to the University of Alberta. If you choose invoice as your payment option, please be advised that we require a purchase order or letter of authorization from your organization to accompany actual payment. REGISTRATION OPTIONS Online: By phone: (403) By fax: (403) Cancellation policy Notification of cancellation from the program must be received via 21 calendar days prior to commencement. More than 21 calendar days prior to program start Between 21 and five calendar days prior to program start After program start date Cancellation: You receive a full refund of the program fee. Cancellation: You incur a $ cancellation fee. Assessed on a case-bycase basis. Please contact Stephanie Mahovlic at (403) For More Information: Please contact Stephanie Mahovlic at (403) , mahovlic@ualberta.ca While every effort is made to ensure the accuracy of the information contained within this material, program dates, content, and instructors are subject to change. Please note, a T2202A form or official tax receipt will not be issued for programs and/or modules. Please refer to the Canada Revenue Agency website for further information Dec 2014

5 Austin, Texas AT&T Executive Education & Conference Centre Strategic Energy Sourcing & Risk Management Austin, Texas June 8 12, 2015 AT&T Executive Education & Conference Centre, McCombs School of Business The PolITIcal Economy of Energy This session covers the geopolitics of global energy markets. We start by examining the case for the continued dominance of hydrocarbons as an energy source for the near future. Other sources of energy, both renewables as well as those involving newer technologies such as fracking, will also be examined in the context of carbon management, environment regulation, climate change, and national security. Economics and politics of energy transmission, such as oil pipelines and electricity grids will be discussed to conclude with the evolving nature of national energy policies. Energy Finance This session provides participants with an in-depth understanding of energy finance by addressing three areas within an energy context: pricing, asset valuation, and risk management. The program begins by placing energy markets in the context of global financial markets, and analyzing their subsequent reactions. Decision Making & Risk Management This session presents relevant approaches for modeling decisions and uncertainties that arise in the context of oil and gas project management. These risks include those associated with estimates of hydrocarbon reserves and recovery rates, as well as the economic risks related to investment costs and oil prices. Managing External Stakeholder RelaTIonshIPs This session examines the management of ethical, legal, political and cultural risks (and opportunities) associated with developing energy projects in emerging markets, including upstream and downstream oil and gas investments. We will focus on companies social responsibility efforts, the management of relationships with external stakeholders, and how politics, culture and law structure companies relationships with governments and other stakeholders in emerging markets. McCombs School of Business Executive Education When you enroll in a Texas Executive Education program, you acquire effective solutions to your business challenges and transform your thinking on key business issues. You can also look forward to an invigorating atmosphere with inviting views of Austin and the university to put you in the right state of mind. At our AT&T Executive Education and Conference Center, you will build your business acumen while enjoying the comforts of four-star quality accommodations. Being on campus affords you greater access to the University s vast resources and community as well as more opportunities to interact with other senior executives during your studies.

6 BANFF, alberta The Banff Centre Energy Markets & Valuation Banff, Alberta October 19 23, 2015 The Banff Centre, Alberta School of Business Energy Markets & Investments This session concentrates on the financial evaluation of major energy investments. During this session, potential investments in oil sands production, oilsands upgrading, new and retrofit refineries, and renewable energy will be discussed. For each project type, the key value proposition will be examined and a financial case for the investment will be developed. Managing the Petroleum Supply Chain This interactive session will examine the trends and issues relating to the petroleum supply chain and how this area may be improved. The discussion of petroleum supply chain management will be supplemented by a short case study designed to illustrate the interplay between various production and market factors in the management a petroleum supply chain. Business ValuaTIon This session walks participants through the valuation tools and techniques used to estimate enterprise values and large-scale investments in power plants, refineries, and oil and gas development projects. The majority of the class features hands-on exercises using Excel and other add-in packages with the goal to gain model-building and interpretation skills and become an intelligent consumer of models encountered when valuing projects and companies. Mergers, Acquisitions & Corporate Governance The financial and economic aspects of corporate mergers, restructuring, downsizing and bankruptcy will be examined. Relations between corporate structure and performance will be investigated along with potential market inefficiencies. Specific attention will be paid to the roles of top management and boards of directors to examine best practices within a corporate governance structure. ALBERTA SCHOOL OF BUSINESS Executive Education Executive Education is one of the four pillars of the Alberta School of Business. As the School s professional development provider, we serve clients across all industries and in the public sector. With over 60 programs offered and serving over 6000 registrants per year, we continue to work toward becoming the leading executive education source in Canada. As Alberta s premier broker of intellectual capital, we focus on providing education solutions that enable today s business leaders in government, publicly traded companies, and privately held organizations to lead change and increase organizational performance.