Energy Business MBA Track

New natural gas discoveries, advanced energy storage systems, pollution control requirements, and societal decisions are creating tremendous opportunities for businesses that are nimble and analytic. This is the backdrop for the Energy Business track, a new specialization available to MBA students at Carnegie Mellon's Tepper School of Business.

Both advanced and developing economies are sustained and constrained by their energy systems. Transformations of the ways energy is extracted, produced, shipped, and used have shaped the business landscape throughout the world.

Tepper School students are ideally suited for careers in the energy industry. The typical student has a strong technical background and is in the process of combining it with business leadership skills. The Tepper School has a long history of successfully bringing the two together, having sent alums into the following roles: CEO of an electric power company; heads of energy practice at global consulting firms; positions in treasury and finance at large oil firms; and leadership roles in M&A at alternative energy companies. By participating in the Energy Business track, students will acquire skills in energy finance, operations, public policy, and the management of energy related technologies and innovation.

An important characteristic of the track is its capstone, a two mini project course that will be undertaken in partnership with a firm from the energy industry. The capstone will offer track participants the unique experience of applying what they’ve learned in their coursework to a contemporary business problem currently being faced by a major player in the industry.

Who Should Apply to the Energy Business Track

The target student is someone interested in a career in the energy business, either directly or indirectly via ancillary activities such as consulting, finance, legal services, and accounting. Part-time students are encouraged to consider participating in the track. There will be logistical challenges, some of which must fall on the shoulders of the student. However, the track will be administered so as to maximize the potential for part-time participation. Interested parties are encouraged to contact the track administrators for further information.

Faculty Coordinators

Chris Telmer
Associate Professor of Financial Economics
telmerc@andrew.cmu.edu

Jay Apt
Professor and co-director of Carnegie Mellon Electricity Industry Center
japt@andrew.cmu.edu

Want to know more about what’s happening in energy at CMU?  Check out the Carnegie Mellon Electricity Industry Center.