“We are on course for an unstable, dirty and expensive future”
International Energy Agency, 2007

 

 

• Read the article Putting the energy back in energy
•    The other Majors

 

The Major Energy: Management in an Energy-concerned Economy  is organized with the support of the Total Chair in Energy and Management.

Target Audience

This Doha-based Major is geared towards executives and senior managers working or planning to work in industries and services where energy production and consumption, and/or greenhouse gas reduction policies could significantly impact the corporate bottom line, with the resulting need to define and implement a corporate energy & climate strategy.

Such industries include notably oil & gas, power utilities, renewable energy, investment banking and trading, energy regulators, energy intensive industries, transport sector players, transformation industry with energy sensitive inputs, public sector and political decision makers etc.

Locations and academic partner

Two one-week sessions: Doha, Qatar (May) and Paris (October)

Context

The world needs ever growing energy supplies, in particular to support the growth and development of industrializing economies, while fossil reserves are depleting and CO2 emissions from our use of energy put the world climate in jeopardy at the same time.

• How can we avert the nations’ ever growing confrontation for access to resource-rich perimeters?
• How can we combine energy demand growth and response to climate change?
• There seems to be a single answer to those questions: a low-carbon energy revolution, with new economic and financing mechanisms, is to take place to switch to a cleaner and more efficient energy future.
• Then more questions arise: how much will such a revolution cost?
• To what extent the energy revolution currently underway will affect the way we live, travel and do business?

The financial crisis and slowly progressing recovery are accelerating the long term trends in the global energy sector: the OECD countries are declining further, the non-OECD zone is taking over and the great geopolitical game is back at the top of the agenda with a vengeance; oil and gas reserves development is geologically or financially constrained; nuclear revival is underway globally whilst renewable energy is developing rapidly and coal is ultimately the clear winner of the game.

Such major changes obviously impact both opportunities and threats corporations are confronted with. As a result, irrespective of the sector they work in, it is critical for today’s business leaders to acquire, in addition to an in-depth understanding of corporate processes, the best possible command of energy fundamentals and how they change the world we live in.

Objectives

This Major addresses the need for leaders to develop a comprehensive and strategic view of energy issues, including climate impact on the global economy. It will give them the opportunity to:

• acquire an in-depth understanding of the energy business environment and market drivers: geopolitics of resources (Oil & Gas, Coal and Mining), energy demand structure, producers and end-users strategies, industry organization and regulations,
• acquire an in-depth understanding of energy markets, contracts and price formation mechanisms,
• acquire an understanding of energy technologies; and of their potential impact on the business model,
• develop and implement strategies to address issues associated with energy prices,volatility, hedging, as well as energy sensitive investment and financing requirements,
• reflect on the extent to which climate change (and climate change response policies to include new travel modes and housing/building technologies) will affect corporate strategies worldwide,
• exchange experience and network with other HEC Executive MBA participants and Energy business executives.

Content

The first module, with a focus on upstream activities, will take place in Doha, Qatar and will largely develop the producers’ (including producing countries) perspectives. The first module’s objective is to get a comprehensive understanding of the upstream sector in all its aspects: reserves, productions, players (i.e. IOC, NOC, contractors), investments, costs, systems of taxes, contracts, financing, etc…

The second in Paris will concentrate on power and utilities, oil downstream activities, end-users viewpoint, as well as energy efficiency and energy management issues.

Faculty

Antoine Hyafil is the Academic Co-Director of the Energy Major. He is currently Emeritus Professor and Honorary Dean of the Faculty, HEC Paris.

Jean-Michel Gauthier is the Academic Co-Director of of the Energy Major.

Your contacts

MENA region

Admissions Office
info@hec-q.qf.org.qa 
+ 974 4454 0161

Other regions

Marie Simonsen simonsen@hec.fr  +33 (0)1 55 65 59 54

Download brochure Executive MBA Qatar