Executive Master of Management in Energy 2021 – 2022
OIL & GAS
ELECTRICITY
RENEWABLES
Bringing together the expertise of two leading institutions in the field of energy management, the Executive Master of Management in Energy gives you a global perspective on the industry. BI Norwegian Business School in Oslo One of Europe’s largest business schools, BI is the main provider of scientifically embedded knowledge on management, economics and business in Norway. The school has large teams of researchers within economics, business administration and marketing. BI Norwegian Business School is the only Norwegian business school that has received the three most prestigious international accreditations – also known as ”triple crown”: EQUIS, AACSB and AMBA. IFP School in Paris IFP School is an integral part of IFP Energies nouvelles (IFPEN), a research, innovation and training center for energy, transportation and the environment. This provides a synergy between training, research and innovation. From research to industry, technological innovation is at the heart of the IFPEN group activities. In 2005, the Nobel prize in Chemistry was awarded to Yves Chauvin, Research Director at IFP Energies nouvelles. IFP School was awarded EUR-ACE Master in 2013 (European Accreditation of Engineering Programme).
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Learn from the experts – in Oslo and Paris
The Executive Master of Management in Energy is designed to empower managers to recharge the energy sector. You will be exposed to the technical, economic, financial and environmental dimensions of the value chain, and develop a new mindset to support the ongoing transition of the energy world.
Arash Farnoosh, Head of the Executive Master of Management in Energy programme, IFP School Jon Lereim, Professor and Associate Dean, BI Norwegian Business School Dr. Maxime Schenckery, Director of the Center for Economics and Management, IFP School
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The future is electric. Renewable energies are replacing fossil fuels in power generation, heating and transportation. Understanding how technology, markets and regulation shape the industry, will provide a competitive edge. Norway and the Nordic region have been frontrunners, developing new insight and new solutions. Competence is core if we want to keep ahead of competition.
BENTE HAGEM Executive Vice President, Statnett
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An industry focused approach Shape your future with a master’s degree designed to develop your comprehensive understanding of key energy issues. Faster than ever before, economic and political changes ripple through the energy business environment. To succeed within this changing landscape, energy managers need a bird’s eye view of the entire energy value chain. Leaders must understand the interests and constraints of multiple stakeholders – governments, companies and contractors, capital markets, NGOs – as they navigate in the constantly evolving global energy map for both fossil and renewable energies. The global focus of the industry is reflected in the structure of this programme. This is done by combining Norway’s expertise in governance and technology development within the oil, natural gas and electricity sectors, with France’s leading energy technology knowledge. The collaboration between the leading international institutions BI Norwegian Business School and IFP School, gives this programme a unique profile with an exclusive opportunity to learn from international experts.
BUSINESS DRIVEN REENGINEERING Fully high performing dynamic process oriented enterprise Leadership & culture mindset change Innovation & Co-creation Degree of Business Performance Excellence
Dynamic Process Control Incentives based Contract & Procurement Lean manufacturing Commercial Project Management From bureaucratic control mode to Performance based business Operators & Contractors Cost cutting turn around Drilling, Capex, Opex Time The business driven reengineering model is a necessity for successful transformation and achievement of sustained competitive advantage.
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The world energy landscape is experiencing with Renewables a radical transformation, as far reaching as the revolutions caused in the past by coal, oil and natural gas. But this is only one piece of the on-going even more global energy transition, where consumption modes and the latest technology developments including internet play a key role. As we say it at Engie, The future of energy means Decarbonization, Decentralization and Digitalization.
LOUIS DE FOUCHÉCOUR CFO Engie France Renewables
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The next industrial revolution is now. Are you prepared? The energy industry is transforming. The price of oil has dropped dramatically. Solar energy capacity is soaring. New offshore wind farms are emerging. Add digital revolution and new ways of collaboration, and you find an industry in need of fundamental business driven reengineering. The demand for change is here right now, and there is no room for postponing the shift. Cost cut turnarounds are necessary but not sufficient. It must be followed by key actions transforming the organisation from static bureaucracy to the agility necessary for supreme results. How fortunate then, that many of the major energy companies have the financial strength needed to conduct such major changes. Managers of the future energy industry are thus facing attractive opportunities – if only they have prepared for embarking on a unique journey of business change. Among the key elements to prepare for, are the fundamental impacts of the digital transformation and the low carbon shift. Through this programme, you will develop the qualifications you need to lead the �industrial revolution�, and prepare yourself for the most attractive management positions in the energy industry of today and tomorrow. The programme gives an overview of the present and future challenges in a global context. As reference cases we explore the development in Europe and Scandinavia during the last decade, as those regions have been pioneers with respect to new business models and energy market designs. In addition to the fundamentals of oil, gas and the electricity industry, you will gain a deep understanding of the undergoing energy transition. The Executive Master of Management in Energy prepares you for the energy business of tomorrow. Are you ready for the journey?
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Fast
18 MONTHS length of the EMME programme
25% of our Executive EMME classes are made up of women
19 NATIONALITIES in our EMME class
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facts
14 YEARS average work experience
38 YEARS average age of our students
34 CLASS SIZE
EMME Energy Facts 2020
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Programme content The Executive Master of Management in Energy lasts for 18 months, including five two-week modules in Paris and Oslo. This structure allows you to undertake executive studies while continuing to work full time. Energy core courses respond to the significant changes in the industry due to growing demand for energy, sustainable development and green transition across the world. Courses also focus on specific skills in energy fundamentals, technologies, industries and markets, policies and strategies, addressing the challenges of investments and technological solutions. Through the programme, you will profit from interactive learning processes and discussions on campus and online. You will also participate in a consultancy project, a practical team work exploring real-life business challenges. The project work is supervised by a professor as well as a representative from the company you are analysing. Five modules will transport you from an overview of the energy market to the key challenges of the future of the industry: Starting with the global overview, module 1 introduces you to the global context and challenges of the industry, such as the digital impact and the green transition. Moving on to deeper understanding, the next three modules cover techno-economic aspects of the energy industry, business economics and strategic decision making in the oil, gas and power sectors as well as laws and regulations.. Finally, you will prepare to reshape the energy world of tomorrow, as the last module focuses on the future characteristics of the industry. You will learn to master the digital revolution, new business models and the corresponding leadership approaches.
The Global Context Challenges Changes
Through five intensive modules, the programme will take you from the global context, via models and methods, to the future of the energy sector.
Facts, models and methods Transitions
Future of Energy Digital revolution Consumer power New business models New leadership approaches
Shaping the Future
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Programme structure 1
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Understanding the global arena
Online courses
• The global picture in energy • Highlights of energy industry sectors oil & gas, hydro power electricity, solar & onshore/offshore wind • Energy and society and geopolitical issues • Perspectives on Sustainability in energy industry
• Governance of complex energy projects • Business economics and value creation
8 March – 19 March 2021 in Oslo
April – June 2021 – Online
Fundamentals of oil, gas and power business • Oil upstream, midstream and downstream • Natural gas value chain & markets • Power generation techno-economics • Energy markets & trading
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13 September – 24 September 2021 in Paris
Regulations & business models in energy industry • Laws & Regulations globally and regionally • Regulations of electricity & gas markets including 3rd party access • Business models in the green energy transition in energy industry • HSE Issues in action (Health Safety & Environment)
22 November – 3 December 2021 in Oslo
Shaping the future energy sector
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Energy technology in action • The challenge of climate change • Energy efficiency market & policies • CO2 markets & regulation • Energy project evaluation & finance
28 March – 8 April 2022 in Paris
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• The leadership challenge and leadership analytics • Individual leadership development plan • From Value chains to connected value networks • New business and organization models for the future energy sectors • The digital revolution, predictive & prescriptive data analytics, Big Data, IOT & machine learning and its impact on energy industry • The business driven reengineering in the energy sector for achieving business performance excellence • Managing in a VUCA world
23 May – 3 June 2022 in Oslo
• Consultancy project presentation • Graduation 27 September – 29 September 2022 in OSLO
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Words from
«I feel equipped with the necessary key skills and toolbox to drive changes in the energy sector»
AMANDA ACHIJE formerly with Schlumberger Norway/Ghana
«The programme has allowed me to have a global and up-todate vision of the energy sector»
RUBEN CEBALLOS Ecopetrol S.A. Colombia
«It gave me the feeling of being intellectually alive again and that is priceless»
LOIC VOUREY Cenexi France
«A unique experience that provided me with the proper mix of skills to play an effective leadership role in the future transformation of the energy industry»
MAGED ELTOM Schlumberger Egypt
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our alumni
«It definitely gives you the essential knowledge to move into the next stage of your career»
FERNANDO TEMPRANA GE Distributed Power Mexico
«I believe that the BI Norwegian Business School has given me the critical skills to make a difference»
COLIN LOGAN GIBB Capital South Africa
«The main advantage is the delicate balance between scientific theory and real practice»
ANATOLII SHEVIAKOV South Stream Transport B.V Russia
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Excellent network opportunities 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 10 nationalities represented, and the average age is normally around 38 with 14 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.
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Practicalities The Executive Master of Management in Energy is intense and demands commitment. Admission requirements are stringent to ensure that all participants are qualified.
ADMISSION REQUIREMENTS • You must have completed a Bachelor’s degree, corresponding to 180 officially approved ECTS from a university or equivalent qualification. Candidates who do not meet this requirement but have substantial, international work experience may be considered in certain cases. • You must be 25 years of age or older. • Minimum 4 years of full time work experience. • Two letters of recommendation, where at least one refers to the applicant’s performance in a work situation. • Applicants may be requested to submit a GMAT score if the information supplied is deemed inadequate for assessment.
ADMISSION PROCESS Each application is reviewed by an admission committee. Qualifying applicants are called in for an interview to assess the applicant’s abilities and motivation for the Executive Master of Management in Energy. The interview can take place face to face in Oslo or Paris campus or via videoconference. Please make sure that you submit your application and the required documents early, to have sufficient time to apply for a Schengen Tourist visa (single / multiple) if needed.
APPLICATION DEADLINE 10th January 2021
PROGRAMME START 8th March 2021
TUITION FEE NOK 300.000. To be paid in 3 installments. Travel and accommodation expenses are not included.
ECTS 90
LANGUAGE OF INSTRUCTION English
LENGTH OF PROGRAMME 18 months part-time, with five two-week modules and online courses.
APPLY NOW bi.edu/emme Phone: +47 46 41 00 00 E-mail: info@bi.no
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MORE INFORMATION bi.edu/emme Phone: +47 46 41 00 00 E-mail: info@bi.no
BI Norwegian Business School One of Europe’s largest business schools, BI is the only Norwegian business school that has received the three most prestigious international accreditations. IFP School IFP School is an integral part of IFP Energies nouvelles, Europe’s leading energy R&D and education center focusing on the fields of energy, transport and environment.