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B.S. Energy Management

Harness technical credit by earning an energy management degree online

Experts predict that the U.S. could be nearly self-sufficient in energy supplies within the next two decades, essentially propelling the country into a top spot globally for oil and gas production. With such dramatic changes come opportunities – career opportunities for energy experts. Franklin’s online B.S. Energy Management degree program can help prepare you for a competitive career in a growing industry as a energy consultant, manager or entrepreneur.

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Get 24 hours of technical credit.

Experiential Learning

Gain hands-on experience creating a business energy strategy.

Business-Based Curriculum

Earn a tech-focused energy management degree.

100% Online Classes

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Real-World Practitioners

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Program Overview

Advance your energy career by merging technical skills with business concepts

With Franklin University’s transfer-friendly Energy Management degree-completion program, you’ll build on your technical knowledge and 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 builds on your technical skills – giving you the best of both worlds. 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 24 hours of prior-learning credit and earn your degree faster

Since we grant 24 hours of prior-learning credit for certifications, licensures, on-the-job training, and previously earned college credits, 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 or pursue available coursework at one of our Midwest locations. Regionally 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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Curriculum & Course Descriptions

124 Semester Hours
Fundamental General Education Core (24 hours)
English Composition

Choose a minimum of 3 semester hours from:

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.
Course Prerequisites:
ENG 060 or Placement into ENG 120

*If the course does not have a research paper component, ENG 130 Research Paper, two semester credits, is also required.


Choose a minimum of three semester hours from*:
*at least one mathematics or statistics course beyond the level of intermediate algebra.

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. Please note: A book fee will be included in your tuition charges for required course materials. Please see /e-textbooks for specific charges.
Course Prerequisites:
PF 121 or PF 321, ENG 120, COMM 150 or SPCH 100, PF 106, MATH 140 or MATH 150

Choose either MATH 140 Introduction to Quantitative Reasoning or MATH 150 Fundamental Algebra as the prerequisite. Both courses can count as a general education or University elective.


Choose a minimum of 6 semester hours from:

SCIE 210 - Understanding Science: Principles, Practice, & Theory (2)
Understanding Science: Principles, Practice & Theory is a two credit hour course that introduces students to the major themes, processes, and methods common to all scientific disciplines. Students will develop critical thinking skills necessary to analyze and evaluate all kinds of phenomena, scientific, pseudoscientific, and other. The focus is on the nature of science so students will develop an understanding of how science works and develop an appreciation for the process by which we gain scientific knowledge.
Course Prerequisites:
PF 121 or PF 321, ENG 120, COMM 150 or SPCH 100, HUMN 210
SCIE 211 - Introduction to Scientific Analysis & Reasoning (4)
Introduction to Scientific Analysis and Reasoning is a four credit hour course consisting of three credit hours of lecture and one credit hour of laboratory. This course is an introduction to critical thinking on statistical and scientific claims. The student will develop the critical thinking skills necessary to analyze and evaluate popular sources of (mis)information and to better understand and evaluate all sorts of scientific claims and arguments. The focus of the course is on students developing thoughtful and critical use of scientific information and research to be able to separate truth from deception and make decisions that affect their personal lives and roles as informed and engaged citizens.
Course Prerequisites:
PF 121 or PF 321, COMM 150 or SPCH 100, ENG 120, SCIE 210, HUMN 210

*Two science courses, with one having a laboratory component.

Social and Behavioral Sciences

Choose a minimum of 6 semester hours from:

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.
Course Prerequisites:
PF 121 or PF 321, COMM 150 or SPCH 100, ENG 120
  • Choose additional coursework from the Anthropology, Psychology, and Sociology disciplines, or POSC 204 American Government

*The six semester hours must come from at least two different disciplines

Arts and Humanities

Choose a minimum of 6 semester hours from:

HUMN 210 - Intro to Logic & Critical Thinking Skill (2)
The goal of this course is to help you improve as a critical, logical thinker. You will be introduced to the art of formulating and assessing arguments according to the standards of logical thinking and critical analysis. You will discover how to apply these valuable skills to your studies and everyday life, learning how to overcome obstacles to critical thinking, and how to avoid being deceived by means of misleading reasoning.
Course Prerequisites:
PF 121 or PF 321, ENG 120, COMM 150 or SPCH 100
HUMN 211 - Intro to Ethical Analysis & Reasoning (2)
The goal of this course is to help you improve your ethical analysis and reasoning skills. You will be introduced to the art of formulating and assessing ethical arguments according to the standards of logical thinking and critical analysis. In this course, you will discover how to apply the following questions to your job and everyday life. Why do we need ethics if we have laws to govern our behavior' Does the majority view determine what is ethical and what is not' Are feelings, desires, and preferences reliable ethical guides' Is it ever appropriate to criticize another individual's (or culture's) ethical judgment' Are people always responsible for their actions' Do human beings have a natural tendency to good, a natural tendency to evil' both' neither' Is there a single moral code that is binding on all people, at all times, and in all places'
Course Prerequisites:
PF 121 or PF 321, ENG 120, COMM 150 or SPCH 100
HUMN 218 - World Religions (4)
A comparative study of the founders, sacred writings, beliefs and practices of some of the major world religions: Hinduism, Buddhism, Taoism, Islam, Judaism and Christianity. This course enables the student to study and compare the leading religions of the world in light of their historical and cultural backgrounds. Students will be encouraged to explore faith traditions other than their own. Common themes across religions, spiritual practice, and current related cultural and political issues will also be considered.
Course Prerequisites:
PF 121 or PF 321, ENG 120, COMM 150 or SPCH 100
HUMN 232 - Introduction to Literature (4)
In this course, students will analyze works from the three major literary genres: poetry, drama, and fiction. Students will become familiar with standard vocabulary and approaches specific to the field of literary criticism and consider the importance of literature in contemporary society. The goal of this course is to encourage students to read for pleasure (engage with the text on an emotional level) while also moving towards a more objective consideration of literature by introducing the fundamentals of close reading and literary analysis.
HUMN 240 - Popular Culture (4)
An introductory course that examines basic concepts in popular culture studies and the role popular arts and artifacts play in shaping cultural values. The course covers basic theories and approaches to topics like best sellers, popular music, popular art forms, cultural heroes from the sports and entertainment worlds and other popular phenomena.
Course Prerequisites:
PF 121 or PF 321, ENG 120, COMM 150 or SPCH 100
HUMN 246 - Film Appreciation (4)
This course is an introduction to the art of film intended to enable students to become more knowledgeable, appreciative and critical viewers. The course covers the major areas of film: narrative, documentary, animated and experimental. While some film history is covered, this course emphasizes understanding key elements in the filmmaking process: scripting, filming, editing, acting, directing, promoting and distributing. Students will be required to view and write critical reviews of films screened both in and out of class. Please note: A book fee will be included in your tuition charges for required course materials. Please see /e-textbooks for specific charges.
Course Prerequisites:
PF 121 or PF 321, ENG 120, COMM 150 or SPCH 100
Additional General Education Requirements (12 hours)
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.
Course Prerequisites:
See Academic Advisor. Minimum of 30 transfer credit hours
PF 106 - Introduction to Spreadsheets (1)
This course focuses on using spreadsheets to solve business applications.
Course Prerequisites:
PF 121 or PF 321
PF 108 - Introduction to Databases (1)
This course focuses on using databases to solve business applications.
Course Prerequisites:
PF 121 or PF 321
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. Please note: A book fee will be included in your tuition charges for required course materials. Please see /e-textbooks for specific charges.
Course Prerequisites:
PF 121 or PF 321 and ENG 060 or higher
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.
Course Prerequisites:
ENG 060 or higher, or placement test.
ENG 320 - Business & Professional Writing (4)
This is an advanced composition course that focuses 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.
Course Prerequisites:
ENG 120 or ENG 130, PF 121 or PF 321, COMM 150 or SPCH 100
Business Core (28 hours)
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.
Course Prerequisites:
PF 121 or PF 321, COMM 150 or SPCH 100, ENG 120, MATH 140 or MATH 150
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.
Course Prerequisites:
PF 121 or PF 321, COMM 150 or SPCH 100, ENG 120, ACCT 215, MATH 140 or MATH 150
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.
Course Prerequisites:
BSAD 110, SPCH 100 or COMM 150, PF 121 or PF 321, ENG 120
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.
Course Prerequisites:
PF 121 or PF 321, ENG 120, COMM 150 or SPCH 100
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.
Course Prerequisites:
PF 121 or PF 321, COMM 150 or SPCH 100, ENG 120, ACCT 215, MATH 140 or MATH 150
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.
Course Prerequisites:
PF 121 or PF 321, ENG 120, COMM 150 or SPCH 100
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. Please note: A book fee will be included in your tuition charges for required course materials. Please see /e-textbooks for specific charges.
Course Prerequisites:
PF 121 or PF 321, ENG 120, COMM 150 or SPCH 100, BSAD 110
University Electives (16 hours)

Any undergraduate courses offered by the University except developmental education courses.

Major Area (20 hours)
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.
Course Prerequisites:
PF 121 or PF 321, COMM 150 or SPCH 100, ENG 120
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.
Course Prerequisites:
PF 121 or PF 321, COMM 150 or SPCH 100, ENG 120, EGMT 330
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.
Course Prerequisites:
PF 121 or PF 321, COMM 150 or SPCH 100, ENG 120, EGMT 330, FINA 301
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.
Course Prerequisites:
PF 121 or PF 321, COMM 150 or SPCH 100, ENG 120, EGMT 330
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.
Course Prerequisites:
PF 121 or PF 321, COMM 150 or SPCH 100, ENG 120, EGMT 330, EGMT 430, EGMT 450, EGMT 460
Technical Credit (24 hours)

24 credit hours in an approved related discipline from transfer credit. 

Additional Requirements

All students are required to pass College Writing (ENG 120), either Basic Learning Strategies (PF 121) or Learning Strategies (PF 321) and either Speech Communication (SPCH 100) or Interpersonal Communication (COMM 150) prior to enrolling in any other course at the 200 level or above. Either PF 121 or PF 321 must be taken prior to the first BLF course, or it may be taken concurrently with the first 15-week BLF course. Students who enroll at Franklin with 30 or fewer hours of transfer credit are required to pass Basic Learning Strategies (PF 121) in place of Learning Strategies (PF 321). 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 2012-2022, jobs related to Energy Management are expected to increase by 15%

Source information provided by Economic Modeling Specialists International (EMSI).

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