Energy Business MBA Track

Societal change in the energy industry is creating unprecedented business opportunities. The Energy Business track brings together the Tepper School’s path-breaking approach to business education with Carnegie Mellon’s core strength in engineering to provide graduates with the ability to become leaders in the energy industry.

Both advanced and developing economies are sustained and constrained by their energy systems. These systems are undergoing fundamental change. Technological innovation, environmental and security issues, and evolving consumer preferences are coming together to radically alter the manner in which energy is generated, distributed, stored and used. For businesses that are nimble and analytic, today’s energy landscape represents tremendous opportunity. This is the backdrop for the Energy Business track, a new specialization available to MBA students at Carnegie Mellon University’s Tepper School of Business.

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 alumni into roles ranging from the CEO of an electric power company, to the heads of energy practice at global consulting firms, to leadership roles in corporate finance, business development, treasury and M&A at both oil and gas firms and alternative energy firms.    

Participants in the Energy Business track will supplement their MBA education with skills that are specific to the energy-industry in the areas of finance, business development, risk management, operations and the analysis of public policy.    

Who Should Apply

The target student is someone interested in a career in the energy business, either directly or indirectly, via related activities such as consulting, finance, legal services and project management.

Energy Business Track Courses

The track’s curriculum emphasizes both specialized courses at the Tepper School and, just as importantly, courses offered by Carnegie Mellon’s world-class engineering and public policy schools.  

Download an example overview of the Energy Business track curriculum (pdf) to learn more. Faculty may revise the curriculum and course offerings at any time.

Energy Business Capstone Course

An important characteristic of the track is its capstone project, a semester-long 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. The industry sponsor for Academic Year 2016-2017 was Bloom Energy, the Silicon Valley-based developer of fuel cell technologies for the distributed generation of electricity.    

Faculty Coordinators

Chris Telmer
Associate Professor of Financial Economics

Jay Apt
Professor and co-director of the Carnegie Mellon Electricity Industry Center

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