Bauer Graduate Certificates

Energy Risk Management

You must be a current Bauer graduate student (MBA or MS) to earn one of our graduate certificates listed on this page.

Although many positions in the energy sector are involved in energy trading and risk management, often the technical analysis done for companies is done in a practical but unscientific manner. The NYMEX Energy Risk Management (ERM) Certificate from the Bauer College provides the underlying financial theory and economic underpinnings necessary to rationally manage risk in the energy sector.

Energy Financial Management

Students take a set of three courses designed to provide them with the essential principles of Energy Derivatives Trading. Each student combines that knowledge with an additional set of courses in Project Investment Analysis or Energy Industry Economics


(need 12 credit hours)

  • FINA 7371 The Energy Value Chain (REQUIRED)
  • FINA 7A97 Real Options in Energy Finance
  • FINA 7A97 Regulatory Environment & Risks - Energy
  • FINA 7321 Fixed Income Security Analysis
  • FINA 7350 Options and Derivatives
  • FINA 7351 Futures and Swaps
  • FINA 7352 Energy Derivatives
  • FINA 7376 Energy Trading
  • FINA 7397 Financial Engineering
  • FINA 7397 Present & Future Carbon Trading
  • FINA 7397 Energy Analysis
  • FINA 7333/7A33 Mergers and Acquisitions
  • FINA 7397 Financial Risk Management
  • FINA 7397 Energy Insurance and Risk Management
  • FINA 7354 Financial Securities and Innovations
  • FINA 7397 Future of Value Creation in the O & G Industry
  • FINA 7397 Energy Value Creation
  • FINA 7397 Midstream Energy Finance
  • FINA 7397 National Oil Company Value Creation
  • FINA 7397 Electric Power Markets
  • GENB 7397 Capturing Upstream Growth Opportunities
  • MIS 7397 Energy Trading Systems

What do past students think of the Program?

“The ERM Program at the University of Houston has enabled me to work closely and learn from high-caliber professors as well as good students who represent a cross-section of energy firms. The program has definitely stimulated my intellectual curiosity towards learning more and analyzing the many urgent issues that our industry is facing. I recommend the program for those who want to grow in the industry and become future leaders.” - Raja Ranchman, ERM Class ‘06

Certificates: You must be a current Bauer graduate (MBA or MS Finance) student to enroll in any of our certificate programs.