The benefit of learning together with your friend is that you keep each other accountable and have meaningful discussions about what you're learning.
Courtlyn
Promotion and Events Specialist
Master uncertainty to optimize outcomes
Download Brochure
February 6, 2024
6 weeks, online
4-6 hours per week
Our participants tell us that taking this program together with their colleagues helps to share common language and accelerate impact.
We hope you find the same. Special pricing is available for groups.
The benefit of learning together with your friend is that you keep each other accountable and have meaningful discussions about what you're learning.
Courtlyn
Promotion and Events SpecialistSuccess in today's energy sector hinges on the understanding of risk and opportunity, with data-driven management, analytics, and strategic planning becoming crucial skills for executives. Energy organizations must learn how to thrive in the face of an uncertain future, and energy leaders must rethink how to drive growth and manage risk.
The Risk Management for Energy Professionals Program from Texas Executive Education at the McCombs School of Business is designed by expert faculty with global, cross-industry experience in decision analysis and risk management. Through a combination of expert insights, application-based activities, case studies, and peer learning, the six-week curriculum empowers energy and sustainability professionals to make informed decisions, mitigate risk, and drive growth in an unpredictable environment.
Strategic Decision-Making
Uncover sources of uncertainty and identify decision-making techniques that will help you determine whether an opportunity can be pursued without compromising quality, profits, and growth.
Qualitative Risk Analysis
Strengthen the validity of your decisions by learning qualitative approaches to assessing risk that account for nonquantifiable factors.
Quantitative Risk Analysis
Determine potential risks and develop more robust growth and mitigation strategies by leveraging analytical approaches that strengthen your decision-making.
Valuation
Assess the accuracy and value of your current sources to determine whether gathering additional data and/or information is required to make a sound decision.
"The complex nature of the energy industry means that decisions carry high levels of risk, but being skilled in risk analysis gives leaders an advantage. The Risk Management for Energy Professionals Program takes inspiration from analytics and applies it to the decision-making process, equipping leaders with the tools needed to make impactful, real-world decisions that account for the uncertainty and risk associated with opportunities in the energy industry."
— R, Britt Freund, Faculty Director; Professor of Information, Risk, and Operations Management
This six-week program enables participants to gain hands-on experience in tackling risk and facilitating informed decision-making in the unpredictable energy sector. The curriculum, organized into weekly modules, offers flexibility in accessing study materials. Weekly activities encompass faculty sessions, assignments, and case studies, aiding participants in modeling, assessing, and mitigating risk.
Risk is an inherent part of decision-making, but understanding the level of uncertainty can help organizations choose the right framework for analyzing a decision. Learn how to evaluate investment decisions for risk factors and discover best practices for managing risk.
Understanding risk and how to manage it can help organizations make more informed decisions. Learn how to conduct effective probability assessments that can be used for decision-making and risk management.
Now that you know the essentials of probability, how can you leverage it in the decision-making process? Learn how to conduct effective probability assessments that can be used for decision-making and risk management.
Biases can impact the quality of probability assessments, so how do you ensure their quality before entering the decision-making process? Discover how to remove bias from probability assessments and determine whether someone is good at assessing probability.
Minimizing real-world risk requires leaders to examine the more nuanced aspects of an opportunity. Practice applying the decision-making framework to evaluate a risk you may encounter: investing in solar panels for your home.
Become proficient at identifying potential risks in a broad range of situations and evaluating the likelihood and impact of each risk. Then, immerse yourself in a case study and practice applying your knowledge of risk management to help power plants make informed decisions that mitigate risk.
Risk is an inherent part of decision-making, but understanding the level of uncertainty can help organizations choose the right framework for analyzing a decision. Learn how to evaluate investment decisions for risk factors and discover best practices for managing risk.
Biases can impact the quality of probability assessments, so how do you ensure their quality before entering the decision-making process? Discover how to remove bias from probability assessments and determine whether someone is good at assessing probability.
Understanding risk and how to manage it can help organizations make more informed decisions. Learn how to conduct effective probability assessments that can be used for decision-making and risk management.
Minimizing real-world risk requires leaders to examine the more nuanced aspects of an opportunity. Practice applying the decision-making framework to evaluate a risk you may encounter: investing in solar panels for your home.
Now that you know the essentials of probability, how can you leverage it in the decision-making process? Learn how to conduct effective probability assessments that can be used for decision-making and risk management.
Become proficient at identifying potential risks in a broad range of situations and evaluating the likelihood and impact of each risk. Then, immerse yourself in a case study and practice applying your knowledge of risk management to help power plants make informed decisions that mitigate risk.
Expert Faculty
Gain in-depth insights from world-renowned faculty who are also expert practitioners with long-standing industry experience.
Case Studies
Engage in case studies to practice applying your knowledge of risk management and make informed decisions that minimize risk.
Peer Learning
Interact and share insights with like-minded business leaders in the energy industry from around the world.
Application-Based Activities
Practice applying concepts such as probability trees and risk matrices to assess risk for your organization.
Weekly Office Hours
Attend optional live weekly office hours with your course leader to ask questions about program material.
Self-Paced Learning
Work at your own pace by accessing the week's sessions at your convenience.
Minimal Weekly Commitment
Balance learning with your busy work schedule by dedicating just four to six hours each week to program sessions and learning activities.
Certificate of Completion
Earn a certificate of completion from the University of Texas at Austin, McCombs School of Business, a leader in energy research and education.
R. BRITT FREUND
J. Eric Bickel
Upon successful completion of the program, participants will be awarded a certificate from The University of Texas at Austin, McCombs School of Business.
After successful completion of this program, your digital certificate will be emailed to you in the name you used when registering for the program. All certificate images are for illustrative purposes only and may be subject to change at the discretion of The University of Texas at Austin.
Note: This program does not grant academic credit or a degree from the McCombs School of Business.
Flexible payment options available.