Bachelor of Energy Business and Finance at Pennsylvania State University
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    Bachelor of Energy Business and Finance at Pennsylvania State University

    Pennsylvania State University
    Pennsylvania State University
    United States of America
    United States of America, University Park
    University Rank:#82
    Bachelor of Energy Business and Finance at Pennsylvania State University

    The Energy Business and Finance at Pennsylvania State University is a Full Time Bachelor program offered across its Main Site, Any Penn State Campus, and University Park campuses in United States of America. The program is delivered on campus in English and can be completed in 4 years. Students develop academic knowledge and practical skills that prepare them for future careers in this field. The next available intake starts on June 1, 2027.

    About Bachelor of Energy Business and Finance

    The solutions to society's existing and emerging energy challenges require interdisciplinary approaches integrating economics and business with the technical knowledge of energy systems and implications for our environment. That's where Energy Business and Finance experts come in. Our graduates use their knowledge of energy commodity markets, statistics and risk analysis, and project finance related to energy systems and environmental issues to shape the future of energy production. The major was designed to help students build critical analytical skills in preparation for careers with energy companies, public agencies, and the financial institutions that are investing globally in emerging energy technologies.

    You Might Like This Program If...

    • You want to work in the energy sector.
    • You enjoy analytical thinking and complex problem solving.
    • You are passionate about paving the way for a sustainable energy future.

    The major in Energy Business and Finance, offered jointly by the College of Earth and Mineral Sciences and the Smeal College of Business, combines training in business, economics, finance, and the physical sciences with a core of courses focusing on energy and related industries. The major helps students prepare for careers in the energy industry, as well as financial institutions, nonprofit groups, and international organizations dealing with energy issues. The curriculum also provides a strong base for further study in business, economics, law, and social sciences.

    General Option

    The General option of the Energy Business and Finance major is appropriate for students who want a broad understanding of the earth and environmental sciences in preparation for careers in industry, commerce, and government.

    Energy Land Management Option

    The Energy Land Management Option in the major of Energy Business and Finance focuses on issues in the acquisition of sub-surface exploration rights. Thus, it is designed to prepare students for a career as a land professional in an energy exploration company. The curriculum, designed in consultation with the American Association of Professional Landmen, requires courses in real estate fundamentals, energy law, geographic information sciences, petroleum engineering, and petroleum geology.

    • Demonstrate knowledge of how markets for energy operate.
      • Articulate the factors that drive the supply of energy.
      • Articulate the factors that drive the demand for energy.
      • Explain how markets and government policies may fail.
    • Demonstrate knowledge of the process of price formation in markets for energy commodities, specifically:
      • Crude Oil
      • Natural Gas
      • Electric Energy
    • Demonstrate knowledge financial skills for the energy industries.
      • Demonstrate a basic understanding of accounting and business law.
      • Calculate the profitability of investment projects.
      • Describe how capital is raised for energy companies.
      • Describe how commodity markets operate, and how they hedge risk.
      • Demonstrate strategies to hedge risk in financial and insurance markets.
    • Acquire problem solving ability.
      • Solve numerical problems common in energy commodity trading or analysis.
      • Create investment plans for energy projects.
      • Create strategies for business decisions in the face of market or regulatory uncertainty.
    • Acquire the ability to communicate effectively with diverse groups through listening, speaking, and writing.
      • Communicate clearly through problem solving exercises.
      • Present solutions to business problems.
      • Speak with potential employers.
      • Use software programs to make presentations to potential employers.

    Disciplines

    Earth and Mineral Sciences

    Requirements and Admission Criteria for Bachelor of Energy Business and Finance at Pennsylvania State University

    Entry Requirements

    Penn State requires the submission of specific academic credentials to complete your application. Review the secondary and post-secondary requirements for your country below.

    If you are a first year student applying to Penn State:

    Click Apply to start your Penn State application. Before starting, you can also review the Applying Online Worksheet for more details and helpful hints about the application.

    Your application work can be saved at each step of the process by clicking the Save and Continue button at the bottom of the page. This feature will allow you to move back and forth within the application or log off and return to complete your application at a later time.

    After completing your Academic History, you will need to provide your Self-Reported Academic Record (SRAR). As you begin the SRAR process, a new window will open allowing you to complete your SRAR. SRAR will focus on your high school coursework. It is important that this step is a complete and accurate representation of your school record. Therefore, have a copy of your secondary school records available as you complete your SRAR. You will need to enter every class and every grade earned for the last three years, as well as those classes in progress.

    After completing your SRAR, you will be directed back to the Penn State application in order to complete the Program of Study portion of the application. Here, you will indicate your desired starting semester, your intended program of study, and your starting and ending campus. For further details on how to complete this portion based on your applicant type, please see the steps to apply for first-year students.

    After completing this section of the application, you will provide some additional information, an activities resume, and a personal statement. You will be able to paste in this information from other sources, but note that the formatting may not always paste in as intended.

    If you are a transfer student applying to Penn State:

    All international transfer students will be required to submit official high school transcripts in order to complete the application. International transfer students will not complete the Self-Reported Academic Record (SRAR) for either their high school or college coursework.

    If you have accepted your offer of admission to Penn State:

    If you completed SRAR and are accepted to Penn State, please provide the following for grade verification:

    • Official transcript from years 9, 10, 11, and 12. If the transcript is issued in a language other than English, it must be accompanied by a separate line-by-line English translation.
    • Official copy of the Tawjihi, accompanied by a separate line-by-line English translation.

    English Requirements

    • IELTSMin 6.5
    • TOEFLMin 80

    Career Opportunities after Completing Bachelor of Energy Business and Finance

    Energy Business and Finance provides equally good preparation for a career or for further graduate study. EBF graduates pursue a wide variety of career options, most of which are in the energy or environmental sector. Many also pursue graduate study, especially when the EBF major is paired with a quantitative minor or concurrent major at Penn State.

    There are hundreds of EBF alumni now working for oil and gas firms; electric utilities or power generation companies; consulting firms, banks, and insurance companies; or in the public and nonprofit sector. Common career roles for Energy Business and Finance majors include analyst positions, commodities trading and marketing, energy delivery scheduling, and project finance analysts. Energy Business and Finance students are also competitive for rotational programs with major energy firms.

    MORE INFORMATION ABOUT POTENTIAL CAREER OPTIONS FOR GRADUATES OF THE ENERGY BUSINESS AND FINANCE PROGRAM

    Opportunities for Graduate Studies

    Graduates from the Energy Business and Finance program are well positioned for professional graduate study in economics, business, finance, and law. Students with strong research interests should consider the M.S. or Ph.D. programs in Energy and Mineral Engineering or Energy, Environmental and Food Economics.

    MORE INFORMATION ABOUT OPPORTUNITIES FOR GRADUATE STUDIES

    Professional Resources

    • Society for Energy Business and Finance
    • Penn State Energy Marketing Association
    • Positive Energy

    Tuition and Fee Information for Bachelor of Energy Business and Finance at Pennsylvania State University

    Application Fee 75

    How to Apply for Bachelor of Energy Business and Finance at Pennsylvania State University

    Step 1: Choose Your Application Method

    Apply through MyPennState

    The first step of the application process is to create a Penn State account, if you do not have one already. MyPennState is where future students can access the online application.

    If you are new to MyPennState, you will need to establish a Penn State User ID and password, which you will access during the MyPennState profile creation process. Once you have your log in information, you can sign in to begin work on your application.

    When creating the profile, please use the name that is on your passport. Because materials are filed alphabetically under the family name on the application, it is important that all correspondence and records consistently use the same name (family and given) and spelling. If this name does not match your academic records, please notify us of the difference. Please note: In the U.S., the family name is usually referred to as the last name, and the given name is referred to as the first name.

    Additionally, Penn State requires a current, valid email address, as that is our primary means of communication with international students. To ensure deliverability, please make Penn State (psu.edu) an eligible sender to the account.

    Applying through the Common App

    Applying to Penn State via the Common App is available to first-year (freshman) international students. If applying through the Common App, Penn State will create a MyPennState profile when the application is submitted and you will receive instructions on how to access your profile. If you intend to apply with the Common App, you do not need create a MyPennState profile prior to submitting your application.

    Step 2: Access the Application and Review Important Dates

    While you can create a MyPennState profile at any time, the application for admission becomes available on the following dates:

    Fall/Summer Admission: August 1

    Spring Admission: June 1

    The application submission dates vary by applicant type and intended program of study. Some programs have specific deadlines or admissions requirements. Please refer to our Dates & Deadlines for more information about application deadlines, as well as our Admissions Requirements to review information about any additional materials required for your intended program of study.

    Step 3: Start Your Penn State Application

    If applying through MyPennState:

    Click Apply Online to start your Penn State application. 

    Your application work can be saved at each step of the process by clicking the "Save and Continue" button at the bottom of the page. This feature will allow you to move back and forth within the application or log off and return to complete your application at a later time.

    After completing your Academic History, you will need to provide your Self-Reported Academic Record (SRAR), unless otherwise directed. You will be directed to enter information about your secondary school coursework. Please have a copy of your secondary school records as you complete SRAR. It is important that this step is a complete and accurate representation of your school record. You will need to enter every grade for every course you have taken in the last three years, as well as your current schedule of classes.

    Students educated in South Korea will not complete SRAR. The document requirements for South Korea can be found by reviewing our International Credential Requirements.

    After this section, you will be directed back to the Penn State application to complete the Program of Study portion. Here, you will indicate your desired starting semester, your intended program of study, and your starting and ending campus. For further details on how to complete this portion based on your applicant type, please see the steps to apply for either first-year students or transfer students.

    After this portion, you will provide some additional application information, an activities resume, and a personal statement. You will be able to paste in this information from other sources, but note that the formatting may not always paste in as intended.

    If applying through the Common App:

    Complete the Common App, which will then direct you to MyPennState to complete SRAR. Applicants using the Common App may feel that they provided their high school record via the Common App, but Penn State requires the completion of SRAR via MyPennState. We strongly encourage you to obtain an official copy of your high school transcript to ensure accurate entry of your coursework completed and grades earned. The SRAR will include all of your high school coursework from your last three years of work and your current year schedule. If your final year grades are available when you enter SRAR, you can enter them at that time.

    Step 4: Submit Your Application

    The application requires a nonrefundable application fee of $75 for international students. Be sure to complete the last step after Summary and Review, which finalizes payment of your fee, and be certain it is successfully submitted. Once the application is submitted, you can verify its completion by accessing your MyPennState profile.

    Step 5: Submit Required Application Materials

    In order to complete your Penn State application, we need the following materials:

    • Application
    • Secondary school record
    • Post-secondary school records (if applicable)
    • First-year applicants only: Official test scores: SAT (code #2660) or ACT (code #3656)

      Writing Component and Subject Tests

      Please note: The writing component of standardized tests (SAT or ACT) is not required. The writing component will not be used as part of our evaluation. If your test scores include the writing component, by all means, have those scores sent to Penn State. Additionally, we do not require SAT Subject Tests.

    • English language proficiency, if your native language is not English

    Please see the admissions requirements for international students to review the details about the required application materials. Some programs require additional items to complete your application. Please review our Admissions Requirements for those details.

    Penn State does not require letters of recommendation, nor are they used in a student’s evaluation (unless required for a specific program).

    Step 6: Check Your Application Status in MyPennState

    You can always check the status of your application in MyPennState. We will communicate with you via MyPennState and through a series of emails regarding the missing items for your application. When everything has arrived, you will see a status in MyPennState confirming the completion of your application.

    Please note: It is your responsibility to check on the status of your application and send us any missing materials.

    Step 7: Receive Your Admission Decision

    Once we have reached a decision regarding your application, we will update your status in MyPennState and provide a printable PDF of your decision letter. Review our Dates & Deadlines to see when you should expect your decision.

    If accepted, you can accept your offer of admission in MyPennState to begin the process of becoming a Penn State student. Visit our Accepted Students section to review the next steps in this process. Once you accept your offer of admission to Penn State, those students completing SRAR will submit their official records for validation purposes as soon as possible.

    Bachelor of Energy Business and Finance at Pennsylvania State University
    Pennsylvania State University
    Pennsylvania State University
    United States of America

    United States of America, University Park

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