| The
Petroleum Industry technology
requires increasingly sophisticated processes to optimize production,
transportation, conversions and marketing
of hydrocarbons into valuable products satisfying the severest environmental
regulations. The petroleum industry and governments with strong interests
in these industries can only meet these challenges through high-quality
personnel who have the necessary technical, economic, business, managerial,
policy and leadership skills.
In conjunction
with The Instituit Francias du Petrole (IFP) located in Paris, France,
CSM offers an advanced degree program geared to meet the needs of
industry and governments. The program trains the next generation
of technical, analytical and managerial professionals vital to the
future of the petroleum and energy industries.
The program
is conducted entirely in English and after studying for only 16
months, 8 months at CSM and 8 months at IFP, the successful student
of Petroleum Economics and Management (PEM) receives two degrees:
- Masters
of Science in Mineral Economics from CSM, and
- Diplôme
D'Ingénieur or Mastère Spécialisé
from IFP
|
 |
| 13
Master’s students |
| 30.8%
female |
| 61.5%
international |
 |
|
|
Degree
Requirements
Students begin
the program in the fall semester at CSM, study from January to August
at the IFP, then complete the program with one additional fall semester
at CSM. While at CSM, students choose a specialization as listed
in the Mineral
Economics Program description - Economics and Public Policy
(E&PP) or Quantitative Business Methods / Operations Research
(QBM/OR).
While at IFP
students choose from courses including: 1) Production and Reservoir
Engineering, 2) Organizational Behavior, 3) Energy Geopolitics,
4) Upstream Economics, 5) Refining, 6) Downstream Economics, 7)
Strategic Marketing, 8) Crude Oil and Product Training, 9) Efficiency
Analysis of Industrial Firms, and 10) Industrial Optimization
Students must
complete the following core curriculum at Mines:
- EBGN 509
- Mathematical Economics
- EBGN 510
- Natural Resource Economics
- EBGN 515
- Economics and Decision Making
- EBGN 525
- Operation Research Methods
- One of 411
or 412 (Microeconomics, Macroeconomics)
In addition
to the above 15-credit core, students complete six credits in one
of the specialization areas and one elective course at Mines, totaling
24 credits. An additional 24 credits is completed at IFP.
Admissions/Entrance
Requirements
Applicants
to the IFP program are expected to have completed a four-year bachelor’s
degree from an accredited institution. Students admitted to the
program are chosen for their strong intellect, integrity, work ethic,
and quantitative skills as demonstrated by their course work, GPA,
and scores on either the GRE or the GMAT.
All students
must have completed Calculus (MACS 111 or equivalent), Introductory
Probability and Statistics (MACS 323 or equivalent), and Principles
of Microeconomics (EBGN311 or equivalent) prior to entering the
program.
In addition,
students must demonstrate a strong interest in energy, minerals,
public policy, and/or related environmental and technological issues.
These interests will be reflected in the letter of interest and
previous involvement in these areas. The Division is also looking
for strong leadership potential as shown by previous academic, personal,
and employment successes.
International
students whose native language is not English, must demonstrate
proficiency in the English language by achieving a TOEFL score of
550 pbt or 213 cbt. Test scores should be submitted with the application
materials. Students not meeting these proficiency levels will be
required to take English training prior to starting their program.
 |
| Fall
Admission |
Yes |
|
Financial support priority deadline |
Jan.
15 |
|
U.S. citizen application deadline |
July
1 |
|
International application deadline |
April
1 |
| Spring
Admission |
Yes |
| U.S. citizen application deadline |
Nov. 1 |
| International application deadline |
Sept. 1 |
|
GRE required |
Yes
(or GMAT) |
| Subject test required |
No |
|
Average accepted Verbal |
502 |
|
Average accepted Quantitative |
736 |
|
Average accepted Analytical Writing |
4.1 |
Financial
Assistance
Given the nature
of this joint program, students are generally not eligible for teaching
assistantships as these awards require one academic year of work.
IFP students are eligible for department level scholarships, generally
around $3,000.
Western
Regional Graduate Program
The mineral economics
program at CSM participates in the Western Regional Graduate Program
(WRGP). Residents of Alaska, Arizona, Colorado, Hawaii, Idaho, Montana,
Nevada, New Mexico, North Dakota, Oregon, South Dakota, Utah, Washington,
and Wyoming are eligible to enroll in our Mineral Economics / IFP
graduate program at resident tuition rates. Students do not have to
meet specific financial criteria, but they must meet all admissions
requirements and deadlines set by the institution. All students who
indicate residency of one of these states on the admission application
will automatically be included in this program.
Contact
Kathleen Feighny
Program Manager
Division of Economics and Business
Colorado School of Mines
Golden, Colorado 80401
Phone: 303-273-3979
FAX: 303-273-3416
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