New Dynamics in the Energy Industry and Energy Policy
For the Academic Year 2014-15, the BUSI798 series will be four credits total (1 credit in the fall, 3 in the spring) starting with the one credit fall BUSI788 course.
Students in the fall BUSI788 one-credit course will automatically be registered for the spring BUSI798 module.
|Cities||Country and cities TBD|
|Faculty||Dr. Charles Olson|
|Important Dates||BUSI788 fall class meetings announced ASAP; classes meet on Sunday afternoons. Dates abroad: first Friday of spring break to last Sunday.|
|Program Fee and Dean's Global Scholarship||
The $2,250 program fee covers shared hotel room, some meals, cost of any scheduled cultural activities, professor and partner costs. Not included: international airfare, personal expenses, and most meals.
The $1,000 Dean's Global Scholarship is available to eligible full-time and part-time MBA students who are participating on a UMD program abroad in 2014-15. Only students who have not studied abroad previously on a UMD program are eligible for this $1,000 scholarship. There is no application form required for the scholarship. Instead, it will be automatically applied to your student account after our office has verified in our records that this your first time studying abroad with UMD.
|Additional Costs||Intra-country transportation expected to be ~$250. There is an additional $250 study abroad fee to UMD Education Abroad as well as a fee for the mandatory insurance coverage (tbd but likely less than $40). No visa required for U.S. citizens. Students of other nationalities should check the consular office for visa information and requirements.|
|Registration||Register on Testudo for fall BUSI788E section BA01 at the same time as your other fall courses. You will automatically be registered for the other module(s).|
This course will examine major energy concerns shared by almost all Europeans such as climate change, developing sustainable transport and mobility, making renewable energy more affordable, ensuring food safety and security, or coping with the challenge of an ageing population. Consumers, suppliers and governments confront energy economics that range from challenging to scary. Whether producer or consumer, business leaders must make business model and capital investment bets of historic proportions with unclear guidance about energy supply availability and demand patterns.
Due to the strategic importance of energy policy, governments use market and non-market mechanisms to shape capital investment behavior, and in many cases are themselves the direct investors.
Government policy and practice in this arena has evolved along very different lines in the EU and US. This course will explore the government-business interface as it relates to energy industrial capital investments in these two regions. We will look closely at the transition to sustainable production and consumption of energy.
- The intra-country transportation is not included in the program fee.
- UMD's regular withdrawal and refund schedule applies for the one-credit BUSI788E course. Students dropping the course series after October 15 (when we make financial commitments abroad) will be charged the program fee equivalent.
- Do not purchase airfare until course is confirmed. Students are advised by UMD Education Abroad to purchase refundable airline tickets.
- Students are responsible for obtaining and paying for their own visa and/or entry fee.
- The time abroad IS the class and any instances of: being late and therefore delaying the group, noise in hotel hallways, damage to hotel rooms, hung-over behavior, sleeping during meetings or public displays of affection will be frowned upon as it would for any business traveler on meetings or conferences abroad. You are expected to incorporate professionalism while abroad, and professionalism is part of your total grade. It is our intent to develop world citizens and savvy business travelers, and the courses abroad should be undertaken as serious academic endeavors.
- Students are welcome and encouraged to participate in more than one BUSI788/798 abroad during your time at Smith; up to two course series can apply towards the MBA degree.