International Energy Management Policy Courses

Professor Albert Bressand
Concentration Track Director
ab2816@Columbia.edu

Professor David Nissen
Concentration Track Advisor
dn2022@columbia.edu

Overview | Degree Requirements and Schedules | Dual Concentrations | PEPM-IEMP

OVERVIEW

The world faces oil market insecurity, worldwide restructuring of natural gas and electricity market systems, massive energy infrastructure requirements for economic development, and pervasive local and global environmental issues in energy production and use.  To contribute in this field, the next generation of industry leaders and energy policy professionals must understand the relevant technologies, economics, institutions, and quantitative methodologies for energy business and policy development. 

The International Energy Management and Policy (IEMP) track within the Energy and Environment concentration at Columbia University’s School of International and Public Affairs (SIPA) offers an integrated treatment of the structure and issues of energy business and policy development, and provides a thorough understanding of energy industry fundamentals. This includes the structure and operation of international energy systems, and the business organizations, market organizations and governance structures involved in producing, transporting, and marketing energy products. The IEMP examines economic, environmental, and social policies applicable to the various segments of the energy value chains. It discusses political and strategic issues arising from the unequal distribution of global energy resources and the impact of technological change on the future role of energy in the global economy. Electives are available to permit students to pursue detailed study in petroleum markets and trading, electricity markets, international climate negotiations, urban energy systems, marine transportation systems, energy business and economic development, alternative energy resources, energy project development and finance, and the geopolitics of energy with applications to key regions such as Eurasia and the Middle East.  The concentration is expanding its treatment of quantitative market analysis and project formation.

The information below presents the requirements and schedules for the three available degree tracks for the IEMP track.  Individual course descriptions follow.  An IEMP concentration audit form is linked to at the bottom of this page.  SIPA requires this form to be filled out and signed prior to graduation.  We recommend that all IEMP concentrators meet with the concentration director or advisor at least once each semester and keep a current version of this form in their records to ensure that requirements are being met in a timely manner.

DEGREE REQUIREMENTS
Students in the Energy and Environment Concentration choose to fulfill the requirements of one of the following two tracks:

• International Energy Management and Policy (IEMP)
• Environmental Policy and Management (EPM)

International Energy Management and Policy Track (IEMP) Overview:
The Energy Management and Policy Track requires 18 credits, consisting of 6 three-point courses: 3 core courses; 1 workshop; 1 elective in the IEMP Track; and 1 elective in the Environmental Policy and Management Track.
Requirements from the SIPA Core:
    -  SIPA U6400/U6401 Economic Analysis for International Affairs – satisfies SIPA CORE economic requirement
    -  SIPA U6200 Accounting for International and Public Affairs – satisfies SIPA CORE financial Management requirement.
Functional Specializations:  There are two natural functional specializations that exploit the ability to “double count” courses (of course the others also qualify):
    -  Management Specialization (Finance track) is satisfied with: Accounting for IPA (U6200, also counts for SIPA CORE); Corporate Finance (U6301, also counts for IEMP Track Requirement), and a third finance course, for example, International Capital Markets (U6045).
    -  Applied Science Specialization is satisfied with:  Alternative Energy Resources (U4792 or EIAE W4200, also counts for IEMP Energy Elective), Environmental Science for Decision Makers (U4735, also counts for IEMP Environmental Elective), and one other science course.

IEMP Track Requirements

IEMP Track Energy Electives-Select at least one of the following:

Course Number	Course Title
INAF U4729	Alternative Energy Resources
INAF U6325	Quantitative Methods for Energy Policy
INAF U6627	Maritime Transportation, Law & Public Policy
INAF U6057	Electricity Markets
INAF U6258	Biofuels
INAF U6657	Marine Energy Transportation Technology, Economics & Policy
INAF U6042	Energy Business & Economic Development
INAF U6242	Energy Policy
INAF U8778	Urban Energy Systems & Policies
INAF U6040	International Energy Project Development and Finance
INAF U6054	Petroleum Markets & Trading
INAF U6048	Risk & Scenario Analysis Across the Energy Value Chain
INAF U6080	Energy Industry in the Middle East and Africa
INAF U6082	Energy Industry in East Asia
EAEE E9281 (1 credit)	Prospects for Nuclear Energy EAEE Seminar

IEMP Track Environmental Electives-Select at least one of the following:

Course Number	Course Title
INAF U4735	Environmental Science for Decision Makers
SDEV U6240	Environmental Science for Sustainable Development
U4734 or U6238 or INAF w4329 or ENVPU6230	Economics of the Environment
	Environmental Finance
	Economics of Sustainable Development
	Economics of Sustainable Development
L6038	Climate Change Law

For PEPM-IEMP students, a total of 6 energy courses are required — International Energy Systems and Business Structures (U6060) and Economics of Energy (U6065), 3 electives, and the Practicum.