Executive MBA in International Oil and Gas Management
by Distance Learning
These programmes are intensive and focussed on delivering the skills and knowledge necessary for successful future business leaders to wok in a rapidly evolving and highly competitive global business climate where continuous innovation is crucial to productivity and growth in all aspects of the natural resources, energy and international business and financial transactions industries. The Executive MBA is unique in the field of energy and natural resources with respect to the combination of specialist business, economics and legal fields of study offered and in particular in developing significant insights into the legal, economic and business related issues associated with organisational success in the natural resource sectors.
Structure
The MBA is made up of 240 credits as follows:
Credits |
|
Management Modules (core modules) |
100 |
100 |
|
40 |
|
240 |
Management modules
Students must complete 5 core management modules, all available via distance learning, (each worth 20 credits) from the Edinburgh Business School of Heriot Watt University, as follows:
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Marketing
-
Accounting
-
Finance
-
Economics
-
Organisational Behaviour
Core and elective modules for chosen specialisation
Students must complete 3 core specialist distance learning modules from the list below:
Environmental Law and Policy for Natural Resources and Energy (20 credits)
The course deals with selected issues central to understanding international and national environmental policy and law related to production and consumption of natural resources and power generation. It addresses, in particular, environmental problems arising in connection with production and transportation of petroleum (both on-land and offshore), mining activities, use of nuclear energy, including production of uranium and disposal of radioactive wastes, and use of fossil fuels, including transboundary air pollution and global climate effects. A special emphasis is placed on the solutions for environmental problems provided by various national regulatory systems, in particular British and North American.
International and Comparative Petroleum Law and Policy (20 credits)
The main objective of the course is to provide an introduction to the main law and policy issues in the international petroleum industry, with an emphasis upon transactional arrangements concluded between host government and oil company/investors. Common and diverging objectives between the two parties and indeed among the international corporate and financial investors themselves are faced in a candid and practical way, with an emphasis upon ways of accommodating the interests of diverse stakeholders in the development of petroleum resources. A brief introduction is provided to petroleum taxation issues. The approach is a comparative one and focuses upon problem-solving techniques in a variety of settings, noting the inputs of lawyers, economists, accountants, engineers and geologists.
Petroleum Policy and Economics (20 credits)
The main aim is to equip the students with an understanding of how economic analysis can help inform and understand the international oil and gas industry. This requires the students to be familiar both with the relevant economic analysis and technical dimensions of the industry. In addition the course enables the student to become familiar with current issues in the industry.
Elective modules, choose 2 from the list below:
Investment Decision Making in the Energy and Mining Industries (20 credits)
The primary aim of the course is to provide a detailed consideration of the theory of finance as it applies to the energy and mining industries and to consider how the theory is applied in practice. The two key focus areas will be investment decision making with uncertainty and how the investment demands are financed.
Mineral and Petroleum Taxation (20 credits)
This module provides an introduction to mineral and petroleum taxation. It alerts students to the main policy issues in this area and the main instruments and forms of resource taxation. Rather than teaching skills in accounting and financial analysis, the course emphasises a broad understanding of the issues.
Mineral Resources Policy and Economics (20 credits)
The main objective of this course is to give an understanding of the main economic forces that drive and influence the hard-rock mineral industries, and of the major economic policy issues for the industry. Students will acquire an appreciation of both the macro- and micro-economic factors that affect the industry and that provide the context for all legal and policy issues. They will also be introduced to the various conflicting aims and objectives of all concerned with the industries, and with the consequent problems for policy resolution.
Integrative Strategy Module
The candidate will also be required to take the CEPMLP Integrative Strategy module, which comprises:
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The Strategic Planning module from the Edinburgh Business School MBA programme, to provide an inter-disciplinary scope for the analysis of firms and markets in the Minerals sector. This module is available in distance learning format.
and -
A two-week compulsory attendance of a seminar at Dundee University (or another location if student numbers warrant), which covers Business Strategy in the Resource Industries
Modules in development
Financial and Project Analysis for Natural Resources and Energy Ventures (20 credits)
International and Comparative Mineral Law (20 credits)
