Forecasts and future of the energy sector: Impact on business management
This course sets the business direction necessary for shaping the future in the energy sector by utilising strategic and operational perspectives in an unpredictable world.
EMPOWERING MANAGERS TO RECHARGE THE ENERGY INDUSTRY
Shaping the future of the energy sector is a particularly challenging task. It comprises the understanding of the socio economic trends, the market and business transformations from the impact of the digital revolution, the business organizational and operational changes in light of the digital characteristic and features and how complex and large energy projects are to be managed and executed in an international global environment.
Through this course, you will be capable and qualified to assess and critically review the perspectives on socio economic trends and their likely impact on the business environment of the energy sector including the demand for a green transformation requesting rapid and disruptive changes.
- The characteristics of the energy sector development, transition and trends and how it impacts the energy business, in electricity as well as in oil and gas
- Likely developments and trends in strategy and business clusters in the energy sector
- Identification of likely elements providing competitive advantages
- Understanding of new business models, the impact of increased consumer power and how to cope with the fundamental transformation from a traditional one-dimensional value chain perspective towards a consumer and service oriented value creation
- The opportunities of fully utilizing the digital revolution in strategic and operational issues within the electricity, oil and gas industries
- The importance of the demand for a green transformation in energy sector of the future
- The future on how to manage, plan and execute global complex and capital intensive projects including the complexity of the supply chain management in oil, gas and power generation in an unpredictable, volatile, uncertain, complex and ambiguous business environment
This course is part of the Executive Master of Management in Energy in cooperation with BI Norwegian Business School and IFP School.
WHO IS THE Executive master of management in energy FOR?
The truly international, cross-cultural learning environment provides excellent network opportunities. The programme gathers professionals already familiar with the industry, as well as those aspiring to work in the energy field. Your fellow students will represent a wide range of industries and academic backgrounds.
Classes typically have more than 15-20 nationalities represented, and the average age is normally around 37 with 12 years of full-time work experience. Previous students worked for companies such as Aker Solutions, ABB, Conoco Philips, DNV GL, EDF, Engie, Halliburton, McKinsey, REC, Schlumberger, Shell, Siemens, Equinor and Total. And many more, including ministries, regulators, defence and other public authorities.
Jon Lereim, Professor and Associate Dean, BI Norwegian Business School
Dr. Maxime Schenckery, Director of the Center for Economics and Management, IFP School
Arash Farnoosh, Head of the Executive Master of Management in Energy programme, IFP School
Teaching and learning activities
- 1 ECTS credit corresponds to a workload of 26-30 hours.
- Attendance to all sessions in the course is compulsory. If you have to miss part(s) of the course you must ask in advance for leave of absence. More than 25% absence in a course will require retaking the entire course. It's the student's own responsibility to obtain any information provided in class that is not included on the course homepage/ It's learning or other course materials.
- Sessions include lectures, seminars and group work.
- Specific information regarding student evaluation beyond the information given in the course description will be provided in class.
- The course is a part of a full Executive Master of Management in Energy (EMME) and examination in all courses must be passed in order to obtain a certificate.
Granted admission to the Executive Master of Management in Energy programme. Please consult our student regulations.