B.S. Energy Management
Credit Hours
Max Transfer Credit
Class Type
100% online, 6 & 12-week courses
Next Start Date
May 15, 2023
Cost Per Credit

Starting Fall 2023 term, the B.S. Energy Management Program will be closed to new students and no applications will be accepted.

Experiential Learning

Gain hands-on experience creating a business energy strategy.

Finish Faster

Get up to 28 hours of technical credit.

100% Online Classes

Earn your degree around your schedule.

Business-Based Curriculum

Gain the know-how to manage and innovate.

Real-World Practitioners

Learn from experienced business professionals.

Accredited Online University

Nearly 80% of our students take online courses.

Program Overview

Advance your energy career by merging technical skills with business concepts

With Franklin University’s transfer-friendly Energy Management degree, you’ll learn how to apply traditional business concepts like accounting, economics, finance, management and marketing that will help you take on supervisory and management roles within the energy industry.

Engineer your business career with an energy management major

Unlike most energy management degree programs that focus primarily on engineering, Franklin University’s Ross College of Business will equip you with a management degree that focuses on concepts and scenarios relevant to the energy industry. By mastering business concepts like accounting, marketing and finance, and learning how to apply them within the energy industry, you’ll be prepared to drive the development of energy sources, effectively manage costs associated with production and transportation, and analyze oil and gas markets for risks, benefits and opportunities.

Build the skills for success in energy operations and markets

You’ll gain an understanding of the operations used to find, evaluate and deliver resources, as well as the equipment and processes to evaluate promising formations, drill wells, manage production, and transport oil and gas. You’ll also learn to understand energy markets and cost structure for various forms of energy and the role utility companies play in providing energy through various sources.

In order to prepare you for energy careers around the world, the curriculum will expose you to the current and future states of domestic and international energy markets and you’ll have a chance to examine innovation and techniques to improve energy process design and efficiency.

Develop legal and ethical insight to navigate the energy industry

From mineral rights and leasing to environmental issues like fracking and oil spills, you’ll be introduced to current legal and ethical issues faced by energy industry leaders. You will study key legal and contractual subjects that impact energy exploration and land negotiation, including trespass and third-party claims, the Oil and Gas Lease in Canada, and transfers of interests and contacts.

Get hands-on experience by creating a business energy strategy

Your capstone course provides opportunity to apply the knowledge you’ve gained in all your previous coursework. Through the analysis of case studies and interactive activities, you’ll learn how real-world variables impact a strategic plan. You’ll be challenged to think about what the energy industry will look like in the next 5-10 years and work with stakeholders to create a strategic plan that will demonstrate your holistic understanding of the energy environment and its challenges.

Get up to 28 hours of prior-learning credit and earn your degree faster

Since the road to management often begins with more technical roles, we grant up to 28 hours of prior-learning credit for certifications, licensures and on-the-job training. If you have previously earned college credit, you can also take advantage of Franklin’s generous transfer credit policy for up to 75% of the required credits toward your degree. You’ll get credit for what you already know so you can earn your degree faster and lower your tuition costs. Your existing education or experience, combined with Franklin University’s Energy Management major, can propel you to the management level and more career opportunities. Moreover, convenient, online courses mean you can earn your degree where and when it is convenient for you.

Earn your degree from a university built for busy adults

Earn your degree on your terms by taking classes 100% online. Accredited and nonprofit, Franklin was built from the ground-up to satisfy the needs of adult learners. Our seamless transfer process and team of academic advisors will help ease your transition to becoming a student, while our flexible course schedules help to balance your education with work, family and life. Get started on your future today.

Source information provided by Economic Modeling Specialists International (EMSI)

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Your Best Value B.S. Energy Management

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On average, students transfer in 1/2 of the credits required.

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*$398 per credit, 124 Total Credits, 94 maximum transfer credits, 64 average transfer credits.

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Curriculum & Course Descriptions

124 Semester Hours
Fundamental General Education
English Composition
ENG 120 - College Writing (4)

In this course, students acquire the writing competence necessary for conducting and presenting research. A variety of assignments, beginning with personal reflections, build upon one another, as students develop ideas that respond to, critique, and synthesize the positions of others. Students systematize and organize knowledge in ways that will help them in all of their courses. The course also emphasizes the elements of good writing style, appropriate grammar and mechanics, clarity of language, and logical and cohesive development. It culminates in submission of a documented research paper.

MATH 215 - Statistical Concepts (4)

This course introduces the student to statistics with business applications. The course covers both descriptive and inferential statistics. Topics included are: measures of central tendency; measures of dispersion; graphical displays of data; linear regression; basic probability concepts; binomial and normal probability distributions; confidence intervals; and hypothesis testing. These topics will be covered using a basic knowledge of algebra and Microsoft Excel. Note, this course has proctored exam(s).

Choose either MATH 140 Introduction to Quantitative Reasoning or MATH 150 Fundamental Algebra as the prerequisite. Course can count as University elective.

Social and Behavioral Sciences
ECON 220 - Introduction to Macroeconomics (4)

An introduction to economic theory involving the basic underlying causes and principles of the operation of an economic system. Emphasis is placed on studying the economy as a whole. Issues of inflation, unemployment, taxation, business cycles and growth are discussed in the context of the global economic system.

2 credits from the following types of courses:
Choose from the Anthropology, Geography, History, Political Science, Psychology, or Sociology disciplines.


6 credits from the following types of courses:
Two courses from the Science discipline. One course must have a lab component.

Arts & Humanities

6 credits from the following types of courses:
Choose from the Art, English Literature, Fine Arts, Humanities, Music, Philosophy, Religion or Theater disciplines.

Additional General Education
PF 121 - Basic Learning Strategies (2)

This course introduces students to the Franklin University community and provides strategies for successful transition to and participation in that community. Topics include University resources and procedures, strategies for advancing communication skills, the use of electronic tools to participate in virtual environments, and the development of an academic and career plan.

OR PF 321 - Learning Strategies (2)

This course prepares students to be successful lifelong learners both academically and in their chosen careers. Franklin courses require a high level of self-directed learning and focus on skills required in the workplace and the classroom that are easily transferable between the two environments. The course includes strategies for advancing communication skills, including the use of electronic tools to participate in virtual environments. The assignments and activities in the course are created to closely simulate teamwork found in the workplace.

COMM 150 - Interpersonal Communication (4)

By using applied critical and creative thinking, students in this course will develop a set of communication skills that will enhance their personal and professional relationships and endeavors. This course will focus on skill development in key areas such as self, perception, listening, verbal messages, conversations, relationships, conflict management, persuasion, and public speaking.

OR SPCH 100 - Speech Communication (4)

This public-speaking course emphasizes the fundamentals of extemporaneous speaking. Skill-building activities and assignments focus on research, organization, reasoning, style and delivery of presentations as well as listening and audience engagement.

ENG 205 - Business & Professional Writing (4)

This is an intermediate composition course focusing on writing for business and professional purposes. Students will review the writing conventions commonly expected within business and professional environments, as well as strategies for analyzing rhetorical situations within those environments. Coursework includes analysis, revision, and research exercises, as well as substantial practice in composing business correspondence. The final project is an extensive, researched business proposal developed in stages and presented to the class. Students will be encouraged to relate course materials to their major programs and workplace experiences.

Major Foundational
ACCT 202 - Financial/Managerial Acct for Non-Majors (4)

This course is an introduction to financial and managerial accounting. It is designed for non-accounting majors. Financial accounting emphasizes how general purpose financial statements communicate information about the business's performance and position for users external to management. It emphasizes how the accountant processes and presents the information. The course also examines the major elements of the financial statements. The managerial accounting portion of the course studies internal reporting and decision-making. The course assists those who wish to learn "what the numbers mean" in a clear, concise and conceptual manner without focusing on the mechanical aspects of the accounting process.

BSAD 220 - Business Law (4)

A study of the everyday legal problems encountered in business with emphasis on the areas of legal procedure, contracts, agency, employment law, business organizations and torts, with cases relating to these and other areas.

ECON 210 - Introduction to Microeconomics (4)

An introduction to economic theory involving the examination of how decision making by firms and individuals is shaped by economic forces. Emphasis is placed on demand, supply, market equilibrium analysis, and basic market structure models. The invisible hand as the driving force for economic decisions as well as market externalities are discussed. The class concentrates on providing a balanced approach to studying economic agents' behavior and the global implications and outcomes.

FINA 301 - Principles of Finance (4)

This course is designed to survey the field of finance and provide the foundation for more advanced finance coursework. Topics include sources of business and financial information, financial statement analysis, the time value of money, the nature and measurement of risk, financial institutions, investments and corporate finance.

MGMT 312 - Principles of Management (4)

This course explores the basic concepts and processes of management. Students will explore the functional roles and processes of planning, leading, organizing, and controlling comprising the manager role. Students develop skills related to the manager function that are required in today's competitive environment.

MKTG 300 - Marketing (4)

Theory, strategies and methods are foundational to the informed practice of marketing. Students investigate the importance of marketing to an organization or cause, the interrelationship of the difference phases of marketing, the marketing of goods versus services, analysis and identification of markets, pricing strategies and digital marketing tactics.

Completion of ACCT 215 - Financial Accounting & ACCT 225 - Managerial Accounting can fulfill the ACCT 202 requirement.

Major Area Required
EGMT 330 - Introduction to the Energy Industry (4)

This course will provide students with an overview of the current energy industry and its challenges in regards to policies and issues. This course is designed to provide an in-depth look at energy related events happening around the world, and provide an understanding of the impact of events on future energy use for societal and environmental well-being. This course will also discuss areas for energy efficiency improvement.

EGMT 430 - Legal/Ethical Envir of Energy Industry (4)

This course provides legal and ethical analysis as it relates to the energy industry. Areas of energy law and ethics that relate to the contemporary business environment are examined in this course. Areas of study include: contracts, torts, crime, business organizations, and the legal and ethical responsibilities of energy industry leaders.

EGMT 450 - Energy Finance (4)

This course provides students with fundamental energy and financial information that is useful in the energy industry. Topics include the fundamentals of energy finance in the oil and gas industry and managing energy risks. The goal of the course is to provide today's energy and financial managers with the fundamental concepts and the tools necessary to be effective in the energy industry.

EGMT 460 - Energy Markets & Innovation (4)

This course explores existing energy sources and the structures to users around the world that are experiencing a period of rapid growth. The emergence of new technologies, limits to growth, and rapidly changing raw material prices contribute to increased risk and opportunity in the energy arena. Upon completion of the course, students should understand the nature of conventional and emerging energy generation and delivery. Students will also possess the tools for determining potential winners and losers and the innovative pathways to drive the development of energy sources.

EGMT 495 - Energy Management Strategy Capstone (4)

Energy businesses are increasingly using strategic concepts and tools to incorporate environmental and social considerations into their decisions and operations. This course is designed for those who need to understand the whole dynamic of the energy environment. The course will combine analysis of case studies and interactive activities as well as current readings related to the field of energy.

Major Electives

At least 16 credits from the following courses:

AMGT 440 - Project and Team Management (4)

The focus of this course is on the effective management of projects and the teams responsible for project implementation. This course covers the fundamental theory and practice of project management in an organizational setting. Students learn to apply knowledge, skills, tools, and techniques necessary for effective functioning in a project environment. The course will also provide insights into the management processes related to project team development as well as the project team lifecycle and its dynamics. Accordingly, activities and assignments in this course are designed to help students understand the nature of successful project planning and execution, as well as project team formation and management.

AMGT 450 - Organizational Supervision (4)

This course is designed to provide the framework and foundation of what it takes to be a first line manager or supervisor. Students will be introduced to the many skills required of a supervisor such as planning and controlling activities to accomplish organizational goals. Areas such as communication, ethical decision-making, conflict management, interpersonal relations and employee development will be explored.

BSAD 476 - Global Business Issues (4)

This course focuses on global economic integration and emerging market economies and the effects these trends have on both service and manufacturing industries in the short- and long-term. Other global business issues will include: the European Union (EU), North American Free Trade Association (NAFTA), and the World Trade Organization (WTO); environmental considerations in business operations; the influences of the political and legal environment on markets; the strategies for business entry into a global market; and the development of leadership talent in a global setting.

ENTR 395 - Foundations of Entrepreneurship (4)

Foundations of Entrepreneurship is an introductory course that examines the theory, practice, and tools of entrepreneurship. Various entrepreneurship structures and how such structures result in different unique pathways to success are explored. Students will focus on the importance of developing an entrepreneurial mindset as they assess their individual values and determine their affinity for entrepreneurial thinking, while also reviewing the risks and rewards of entrepreneurial businesses in the context of their chosen entrepreneurial philosophy. Finally, students will identify and evaluate opportunities for new ventures, and consider a strategic approach for successful business plan development.

ENTR 400 - Commercialization of Entrepreneurial Products & Services (4)

This course examines the techniques for the commercialization of the products or services offered by the entrepreneur. Students will be taught how to measure the realistic demand for their product or service. Primary and secondary marketing, including research, will be emphasized and addressed. Students will learn how creativity transitions to innovation. Value propositioning, branding, and pricing will be significant topics of discussion. In bringing products to market, students will be taught how to make use of cost-effective, cutting edge tools such as social media.

OSCM 390 - Operations Management (4)

This course instructs students on how manufacturing and service operations contribute to organizational strategy. Concepts such as productivity, economies of scale, vertical and horizontal integration, and push vs. pull will be explained. Implications of applying "Green" policies to materials and processes will be explained.

HRM 300 - Human Resources Management (4)

An introduction to the human resources function and related elements and activities. The course outlines the roles and functions of members of the human resources department, as well as educating others outside human resources, in how their roles include human resources-related activities. The student will learn about the evolution in human resources management as we know it today. Emphasis is placed on the modern day importance of HRM and the new "corporate view" of the function. Additionally, the student will be exposed to the view of HRM from the perception of both management and subordinate employees. The importance of maintaining fair and equitable compensation and benefit programs will be discussed. The student will be exposed to practical situations and problem solving regarding areas of employee counseling, discipline and termination. Equal Employment Opportunity will be discussed in order for the student to understand its need, importance and the legal issues surrounding it. Other critical areas of training and development, staffing and strategy will also be explored.

DATA 300 - Introduction to Analytics (4)

This course introduces the fundamentals of Business and Data Analytics. Students will learn the fundamentals of business problem framing, data wrangling, descriptive and inferential statistics, data visualization, and data storytelling in analytics. Not open to students with credit for INFA 300.

BUSA 200 - Database Fundamentals (2)

This introductory course focuses on applying information technology to business strategies using databases. The student will gain a working knowledge of current database technology, including relational database concepts, database design, data extraction, and data warehousing while working with database applications. Note, this course has proctored exam(s).

PF 106 - Introduction to Spreadsheets (1)

This course focuses on using spreadsheets to solve business applications.

ACCT 215 - Financial Accounting (4)

An introduction to accounting emphasizing how general purpose financial statements communicate information about the business corporation's performance and position for users external to management. Approximately one third of the course emphasizes how the accountant processes and presents the information and includes exposure to recording transactions, adjusting balances and preparing financial statements for service and merchandise firms according to established rules and procedures. The balance of the course examines major elements of the statements such as cash, receivables, inventory, long-lived assets, depreciation, payroll, bonds, and other liabilities and stocks. Concepts of this course are applied to Managerial Accounting (ACCT 225). Students are advised to avoid any time lapse between these courses.

ACCT 225 - Managerial Accounting (4)

The study of management accounting for internal reporting and decision-making. The course introduces a business-management approach to the development and use of accounting information. Major topics include cost behavior, cost analysis, profit planning and control measures. Accounting for decentralized operations, capital budgeting decisions, and ethical challenges in managerial accounting are also covered.

University Electives

28 credits from the following types of courses:
Any General Education course at the 100 or 200 level.

Additional Requirements

All students are required to pass College Writing (ENG 120), and either Basic Learning Strategies (PF 121) or Learning Strategies (PF 321) prior to enrolling in any course at the 200 level or above. Students who enroll at Franklin with 30 or fewer hours of transfer credit are required to pass PF 121 Basic Learning Strategies in place of PF 321 Learning Strategies. Interpersonal Communication (COMM 150) or Speech Communication (SPCH 100) must be taken prior to enrolling in any course at the 300 level or above. Students must also meet the University algebra competency requirement.

Program Details

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Career Opportunities

Commodity Trader

Commodity traders evaluate markets for product pricing, development, and trends to complete buying and selling orders.

Contracts Manager

Contracts managers analyze business agreements and contracts and work with internal and external shareholders to resolve contractual issues and problems.

Division Order Manager

Division order managers analyze title documents and other records to determine land ownership, interests, and royalties.

Environmental Manager

Environmental managers implement programs and processes to ensure that business operations comply with environmental laws, requirements, and regulations.

Field Landman

Field landmen conduct research and negotiate leases in order to obtain rights to a property for drilling or other activities.

Gas Marketing Representative

Gas marketing representatives evaluate gas transactions and prepare economic evaluations to identify new business opportunities and feasibility.

Land Manager

Land managers utilize an understanding of laws and regulations to negotiate, settle, and resolve land and property ownership issues.

Power Trader

Power traders evaluate market conditions and indicators to identify optimum selling and buying prices for energy shares.

Employment Outlook


from 2021-2031, jobs related to Energy Management are expected to increase by 5%

All Occupations

21,366,693 jobs
22,481,983 jobs
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Management Analysts

1,518,929 jobs
1,701,698 jobs

Computer and Information Systems Managers

493,607 jobs
549,484 jobs

General and Operations Managers

2,512,817 jobs
2,705,137 jobs

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