Jones Graduate School of Business, Rice University
Ernst & Young
www.business.rice.edu
• Global leader in assurance, tax, transaction, and advisory services • Worldwide, 144,000 people united by shared values and an
• One of the top-rated business schools in the nation • Located in the world’s energy capital • One of seven academic units of Rice University, one of the world’s best teaching and research universities
• Offers the full-time MBA, MBA for Executives, MBA for Professionals and Ph.D. programs
• Offers a full schedule of non-degree, open enrollment Executive Education and customized courses for business and industry
• Manages an active network of 3,800 Jones School alumni that have made a global impact on all areas of business, including energy, finance and entrepreneurship
Rice University Executive Education
• Invest in yourself • Improve your job performance • See an immediate return on your investment • Cultivate your leadership abilities and broaden your knowledge through individual courses or certificate programs in: 1. Energy Management 2. Finance and Accounting 3. Healthcare Management 4. General Management
• Benefit from varied and interactive teaching tools, including leading-edge theory, quantitative skills, case method analysis and management simulations
• Earn valuable CPE credits and a framed certificate from Rice University • Discover custom solutions that enable for your organization to sustain long-term growth within your industry delivered by a team of Rice faculty and subject matter experts
–– Select your target audience –– Define your educational goals –– Develop courses specific to your people and their needs
www.ey.com/us/oilandgas
unwavering commitment to quality
• Americas Oil & Gas Center in Houston, one of 10 centers around the world
• Think-tank environment to help clients address issues that they confront • More than 7,500 worldwide energy professionals, with more than
Rice University and Ernst & Young Energy Executive Education
1,500 energy audit, advisory, tax and transaction professionals in the US alone
Energy Thought Leadership
• Tailored events and webcasts on energy trends and issues. • Library of thought-provoking topics includes: 1. Joint venturing in the oil and gas industry 2. Investing for the upturn: Oil and gas companies’ investment plans 3. Exploring “what if” in the oil and gas industry 4. Inside IFRS: The opportunity for energy IT 5. Lessons from change: Cautious optimism in the oil and gas industry 6. Choosing the right route: Planning, budgeting and forecasting for oil and gas companies 7. Canadian Oil Sands: A new frontier in global energy 8. The 2009 Ernst & Young business risk report: Oil and gas 9. US GAAP vs. IFRS: The basics for oil and gas companies 10. Carbon market readiness accounting: Compliance reporting and tax considerations under state and national carbon emissions programs To view our publications, events and more information on Ernst & Young services, visit www.ey.com/us/oilandgas. For more information on our webcasts, visit www.ey.com/webcasts
Featured Programs and Conferences
• Annual Energy Industry Directors Conference • Tailored Events and Roundtables Welcome to the next phase of your business’ bottom line: Rice University’s Executive Education, visit www.business.rice.edu/ee
For more information, visit us at www.business.rice.edu/ee or call 713-348-6060
Certificate of Management in Energy 2010 Program ª Offered Four Times a Year CPE Accredited www. business.rice.edu/ee 713-348-6060
Increasing Opportunity in the Energy Value Chain Rice University and Ernst & Young have designed this week-long, enhanced program, offered four times a year, to help professionals gain insight into the strategic and economic factors that drive the energy industry. Whether you’re new to the industry or an experienced professional in need of a broader perspective across the energy value chain, Rice University Executive Education will increase your understanding and enhance your performance — today on the job, and into the future. Curriculum Topics Upstream Oil and Gas (1/2 day) – Joe Gagliardi/Rodney Eads Analyze the upstream sector and the seismic analysis/production/exploitation of reservoirs. In addition, examine the economics and strategy behind lease bidding vs. bidding on Wall Street for reserves. Case studies and supplemental reading will be utilized.
• Exploration and production • Seismic analysis • Production and drilling • HS&E Downstream/Refining (1/2 day) – Mike Sohmer High-level review of oil refining and marketing/retail gasoline.
• Refining • Retail and wholesale marketing of oil products
Gas, Power and Renewables (1 day) – David Tees/Don Hill
Project Investment Appraisal for Energy Managers (1/2 day) – Cliff Atherton
Increase knowledge of electricity and gas marketing in North America and its position in the energy value chain.
Make better investments in the oil, gas and power sectors. You will review mergers and acquisitions, capital refinancing, and current trends in the financial markets. You will then analyze the financial reality of the oil and gas sector and apply financial market theory to investment in that sector. Discover why investments drive shareholder value.
• Electricity generation, transmission and distribution
• Gas storage and logistics • LNG, gas liquids and CNG • Renewable energy — solar, wind, biofuels • Smart grid and energy efficiency • Electric vehicles Trading and Risk Management (1 day) – Shahid Malik/Vince Kaminski Trading and risk management are ever-changing fields. Delve into futures, physicals and swaps and when to use them for oil, gas, electricity and financial commodities.
• Futures, physicals and swaps • Trading platforms — electronic, OTC, voice • Importance of credit and performance risk mitigation
Sustainable Development in Energy (1 day) – Pogo Davis/Kathryn Shanks Discuss the incentives and challenges of energy companies’ environmental, social and economic sustainable development. Review the development of this issue in energy companies and discuss important issues such as licenses to operate, supply chain management and reporting sustainability.
• Environmental, social and economic responsibilities of energy companies
• Incentives to adopt sustainability • Sustainability reporting • Carbon footprint management — e.g., carbon capture and storage
• Overview of project appraisal • Cost of capital analysis • Project cash flows • Project valuation • APV Strategy in Energy (1/2 day) – Doug Lawler/Ernie Leyendecker Dissect the major issues affecting different sectors of the energy industry and construct a strategy map to establish priorities and formulate methods for attaining organizational goals. Learn how to plan for revenue growth, value propositions, enhancements in products and services, and more. Course content revolves around case studies and industry examples.
• Business design concepts • Profit models • Sustainability • Value migration For more information, visit us at www.business.rice.edu/ee or call 713-348-6060
“To successfully address the complexities of today’s global energy business, companies need access to significant resources — a deep talent pool with vast industry knowledge. To help meet their challenge, the Ernst & Young Oil & Gas Center has teamed with Rice to share knowledge with future energy leaders through the Certificate of Management in Energy.” Marcela Donadio, Ernst & Young, Americas Oil & Gas Sector Leader
2010 Program
Program Faculty Shahid Malik
Monday
Tuesday
Wednesday
Thursday
Friday
Curriculum Topics
Oil & Gas
Power, Gas and Renewables
Trading and Risk Management
Sustainable Development in Energy
Strategy in Energy
Morning
Upstream
Electric/Gas
Credit/Risk
Environmental Project Responsibility Investment Appraisal
W. Cliff Atherton Jr., Ph.D., CFA
Carbon Management
Principal, JDK Consulting LLC
Afternoon
Downstream/ Refining
Logistics/ NGLs
Trading
Setting Strategy
Faculty Director of Energy Executive Education, Rice University, Jesse H. Jones School of Business; Executive Vice President of Great Plains Energy and PRTM Management Consulting Managing Director, Gulf Star Group, Inc.
Pogo Davis Rodney Eads
Class schedule: 8:30 a.m. to 4:30 p.m. daily. Breakfast and lunch will be provided.
Advisory Director, Hemiwedge Industries, Inc.
For upcoming program dates, visit https://ee.rice.edu/energymanagement.asp
Joseph R. Gagliardi
Pricing
Director, Arctic Solutions & Technology, Ion Geophysical
• Certificate cost: $4,995/person • Group rate: 10% discount for 3 or more people from the same company • Sponsorship opportunities: call 713-348-6060
Don Hill Vice President, Gas Monetization, CB&I
Vince Kaminski Professor of Practice in Executive Education, Jones Graduate School of Business, Rice University
“The mission of our Executive Education program is to excel in developing principled, innovative thought leaders in global communities. Providing distinctive and exceptional education for our students and leaders in energy is a critical element of our mission.” D. Brent Smith, Ph.D., Associate Dean of Executive Education, Jones Graduate School of Business, Rice University
Doug Lawler Vice President, Operations, Anadarko Petroleum
Ernie Leyendecker Director of Corporate Planning, Anadarko Petroleum
Mike Sohmer Director of Petroleum Development, Kinder Morgan Terminals
Kathryn Shanks Independent Consultant
David Tees Former President & CEO, Texas Genco Holdings, Inc.