Moscow Murmansk Bodø Oslo Hammerfest Executive MBA in Energy Management Russian - Norwegian Institute of Energy Cooperation Bodø Graduate School of Business Top World Opportunities Stavanger • Balance work, study and social/family life • Unique modular structure over 2 years • 5 one-week modules in Norway and Russia • Network with international participants Our Executive MBA program aims to strengthen the alliance between Russia and Norway in the energy sector and help create robust business partnerships between the two nations. Valery Salygin Dr., Professor, Director, International Institute of Energy Policy and Diplomacy at MGIMO University, Ministry of Foreign Affairs, Russia. With pragmatic, up-to-date courses, the program will ensure energy managers a far better understanding of the complexities of one of the world’s most dynamic industries. Frode Mellemvik Dr., Professor, Rector, Bodø Regional University, Bodø Graduate School of Business Energy being more and more a global industry, the program adopts an international approach, building on a collaboration between Russia and Norway through two of their committet institutions: MGIMO University in Moscow and the Bodø Graduate School of Business in Bodø, Norway. In recent years, the field of energy management has become dauntingly complex. It must now deal with different energy sources (hydrocarbons, wind, hydropower, tides, etc.), energy carriers (gas, electricity, heat, hydrogen, etc.), and even different transport solutions, all of which interrelate and form multiple options for business development. Our program addresses these many options and provides deep insight into oil, gas and energy sector in both Norway and Russia. Bodø Graduate School of Business What makes us unique? • A global perspective, with special attention to the Barents region. • First-hand exposure to government, business, and academic institutions in both Norway and Russia. • An innovative, integrated curriculum offering a comprehensive look at the driving forces in the energy business—economics, technology, environment, and politics. • A unique modular structure that lets students study even while continuing to work in demanding jobs. • Russians and Norwegians will study together to build networks across the borders and to achieve global leadership competence. Until now, the energy sector has lacked a career path that exposed professionals to a comprehensive view of the energy industry. The Executive MBA progam in Energy Management is designed to meet this gap. The five sessions provide an exceptionally well-rounded view of the entire industry. Flexibility is maximized through a dynamic format that blends the best aspects of traditional classroom teaching with study trips, seminars, and case studies. The program is organized in modules, offered in both Russia and Norway. Their chief goals are (1) to expose students to a wide range of energy issues and information, and (2) to enable them to build fruitful networks within the industry and the institutions in both countries. Energy issues are explored through three main dimensions: Learning methods Meeting sessions (modules). Participants meet five times during two years at the master program, with each session, or “module,” lasting six days. The particular energy topic addressed during a given module is explored not only through lectures by academics and guest experts but also by visits to relevant enterprises and industrial sites. Sufficient time is provided during these sessions for participants to ask questions related not only to any particular theory being covered but also to their own thesis. Self-study. The participants get to study also on their own. Useful reports and articles are distributed in advance of each module, leaving the participants better prepared to make optimal use of each module. Master thesis. Each participant is expected to stake out some intriguing problem or topic that he or she will explore throughout the master period and ultimately write a thesis on. The thesis must formulate a well-defined problem and then analyze it using theories and knowledge developed in the program. Modules This module focuses on strategy and innovation management, management control, and financial management. It addresses marketing, logistics, and organization as well as ethical and environmental issues. The second module covers specific features of Russian and world energy markets. Special attention is paid to issues involving energy diplomacy and energy security. Investment and financial activity of international oil-and-gas and energy enterprises are also addressed. This module highlights how to effectively manage technology development and projects. Participants will be introduced to key projects in the Barents region and the economic and policy trends of importance. Environmental challenges in the fuel and energy complex are explored with applications to the Barents region. The fourth module offers an overview on the Norwegian policy and regulations on safety, security, and the environment. The topics will address the energy scenarios that form the basis for national planning with respect to investments, infrastructure, the need for environmental protection, emission standards, etc. The Norwegian oil history will be presented, and a visit to an oil platform is included as an option for interested participants. This module covers key challenges for energy enterprises with respect to the organization, management, and economy; transportation systems; corporate management; competitive strategies; international commercial operations; and contracts and marketing. Place: Bodø Module 1 Core Business Subject Place: Moscow Module 2 International Diplomacy and Energy Security Place: Hammerfest/Murmansk Module 3 Technology Management and Innovations in the Barents Region Place: Oslo Module 4 Politics and Environmental Regulations Place: Moscow Module 5 Applied Energy Management TECHNOLOGY POLITICS AND REGULATION ENVIRONMENT BUSINESS SUBJECTS Master program over two years Good business thrives on relationships and team- building. That is why we create a collegial environment that emphasizes teamwork, diversity, and dynamic learning. In this program, students work together, learning to make the best use of each other’s diverse experience, talents, and backgrounds. Coming from different countries, students gain insight into comparative energy operations and enables them to exchange experiences by function and area. In today’s network economy, who you know or can reach out to is often just as important as what you know. As part of a network uniting professionals from different companies worldwide, you will benefit not only from industry-relevant courses but from your new acquaintances, too! Because the modules incorporate group activities and social events, they create the platform for close cooperation and team- work, all of which builds friendship and networks. Top World Opportunities Six reasons why you should attend: • Enhance your knowledge of the energy- management field. • Gain exposure to current and emerging aspects of energy management. • Get new insights and frameworks for business development. • Build a network of friends and business associates across borders. • Acquire international experience. • Add a milestone to your professional career. Target group and candidate qualifications The target group consists of persons with curiosity within the energy sector. They have managerial ambitions, but not necessarily only in the administrative direction. The idea is to give the students a formal basis to manage enterprises, units, and projects in a complex business with changing and uncertain frame conditions. The target group includes people with different backgrounds from technology, social sciences, law, economics. and management, who would like to strengthen their competence in energy management subjects. Candidates should have at least two years’ work experience, proven academic reliability, a bachelor degree or better, and, preferably, an international orientation illustrated by competence in foreign languages. Candidates are evaluated by their achievements and their potential, but also by how well their career aspirations match up with what the executive MBA Program has to offer. Top World Opportunities Bodø Graduate School of Business Cost The fee per student is 25.000 Euros. This includes all meals, lecturing, literature, transportation at meetings, events, and supervision of the thesis. The costs related to travel and accommodation will typically run about 4-6.000 Euros per student, depending on place of origin. We will be happy to give you more detailed estimate of the costs. Program begins: September 15, 2006. Application deadline: June 1, 2006. We welcome you to kick off this autumn! Visit our website for more information and an application form: www.hhb.no or send your inquiry by e-mail EnergyHHB@hibo.no Bodø Graduate School of Business N-8049 Bodø, Norway Tel (+47) 75 51 72 00, Fax (+47) 75 51 72 68 Graphic Design: Bright ID, www.brightid.no - Printing: Forretningstrykk AS