The Energy Mba

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The Energy MBAwww.theenergymba.ibs.iscte.pt

2011

The energy MBAA unique full-time 1.5 year MBA Program

Including one semester of courses

in New York City at Columbia University’s School

of International and Public Affairs.

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The Energy MBA

Five years ago, the leaders of this sun-scorched,

wind-swept nation made a bet: To reduce Portu-

gal’s dependence on imported fossil fuels, they

embarked on an array of ambitious renewable en-

ergy projects - primarily harnessing the country’s

wind and hydropower, but also its sunlight and

ocean waves. Today, Lisbon’s trendy bars, Porto’s factories and

the Algarve’s glamorous resorts are powered sub-

stantially by clean energy. Nearly 45 percent of

the electricity in Portugal’s grid will come from

renewable sources this year, up from 17 percent

just five years ago. (…)The International Energy Agency called Portu-

gal’s renewable energy transition a “remarkable

success” (…), Manuel Pinho, Portugal’s minister

of economy and innovation from 2005 until last

year, who largely masterminded the transition,

adding, “Politicians must take tough decisions.”

In The New York Times, August 9, 2010

Portugal Gives Itself a Clean-Energy Makeover

Portugal is a world-class case-study

for energy projects

Portugal

as the electrical cars

world leader ?

Portugal,

a world leader in

renewable energies

Innovative sea energy projects

Largest wind park in Europe

Wave energy converter

Large hydropower plants

Large oil refineries

Biomass power plants

Largest solar

power station

in the world

Best small-hydro power plant award

Innovative geothermal projects

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The Energy MBA

Public awareness of the need to drastically reduce CO2 emissions is higher than ever before. The next decades will be marked

by a global effort to create a sustainable relationship with energy and the environment and this will produce a new era of

investment and technological change worldwide.

Execution will be the key. In the next decades, management expertise in energy (including production, efficiency and mobility)

will be an important driver to allow a rapid deployment of a large number of new projects.

Portugal has a unique environment to train a new generation of highly skilled management professionals in energy and

sustainability, with emphasis on clean and renewable energies. The country is a frontrunner in renewable energies and

electrical mobility and exceptionally open to innovation. It hosts several flagship projects, such as the largest wind park in

Europe and the largest solar plant in the world, a very ambitious program of large hydro new projects and the intention to

create the first ever national platform for electrical cars.

This unique environment led us to create The energy MBA, a program aimed at developing a new generation of highly

skilled management professionals and leaders in the evolving energy industry. This program is focused on providing creative

interdisciplinary individuals the needed management tools, resources and perspectives on the current and future potential

energy environment, leaning towards clean and renewable energies.

The energy MBA targets high-quality candidates from various countries, with diverse backgrounds. The program is not

limited to students with specialized energy backgrounds, but instead seeks individuals who are committed to contribute to

the development of clean and renewable energy systems and in the design and management of energy markets and projects.

Two semesters of classes will be held at ISCTe, in Lisbon - Portugal and one semester of energy-related classes

will take place at Columbia University, in new york City. In addition, students will have a residential stay in the

“energy Living Lab” in Portugal. This program structure provides students with the opportunity to benefit from a

challenging academic environment in two international universities and also to study in-site the operation of some of the

most innovative renewable energy projects in the world.

Come join us in this unique experience!

MAnUeL PInho AnTónIo goMeS MoTA ProgramDirector DeanofISCTEBusinessSchool

inTroducTion

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The Energy MBA

• A Unique MBA program worldwide, developed to help create a new generation of highly skilled executives in

the energy and energy-related industries.

• 2 semesters of classes held in a leading business school in Portugal, a country with an environment exceptionally

open to the adoption of new energy policies / technologies.

• 1 semester of electives classes at Columbia University (NYC, USA).

• “energy Living Lab” field-trip at several energy projects.

• “Top manager agenda seminars”, with seminars and conferences by top European and US policymakers in the

energy industry.

• A Personal Development Program for each student which aims to explore and develop the dimensions of behavior,

attitude, and personal skills, preparing students to better lead, communicate, motivate and create enduring change.

• An innovative Creativity Program. At the end of the program, students should be aware of their creative abilities to

think “out of the box”, to create and better sell ideas and to trust their capacities in managing complexity and uncertainty

when facing unexpected and unknown situations.

• An individual Business Mentor for each student. The mentor is a senior manager who provides advice, counseling and

expertise in preparing the student for his/her future professional career.

• An energy and Politics module that approaches Energy as a problem of choices and political conflicts

• An unforgettable living experience in Lisbon and in new york City. Lisbon is Europe’s west coast capital and one of

the safest cities in Europe, with a very competitive cost of living, a warm climate, sandy beaches and a highly cosmopolitan

and multicultural population.

Why choosEThE EnErgy MBA?

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The Energy MBA

A real international experienceThe first two semesters of classes are held at ISCTE Business School (Lisbon), a leading business school in Portugal, while the

last semester of electives classes is held at Columbia University (NYC, USA), one of the best universities in the world.

The Energy MBA offers its students a real international experience which allows them to have the time to really benefit from

the full experience of studying in two different universities, enjoying the lively and dynamic campus ambience. Students will

be in one class at ISCTE Business School, allowing for the creation of a strong team spirit and companionship among them. In

the second year, they will attend classes together with other Columbia University students therefore benefiting from a real

international experience, studying, working, sharing experiences with colleagues from several countries, developing a strong

international contacts network.

The energy Living LabAt the end of the first year, students will follow The Energy Living Lab track, which consists of a multi-day field trip to several

energy projects in Portugal, including some of the largest and most innovative projects in the world.

Personal Development ProgramIBS strongly strives for the development of students’ skills in alignment with career opportunities. Likewise, once participants

join IBS MSc.BA, the PDP - Personal Development Program will contribute, all the way through, to self-commitment towards

a successful development of career perspectives and strategies. The program aims to contribute to self-assessment and

identification of career drives, of professional strengths and weaknesses, as well as of professional preferences.

energy and PoliticsThe Energy and Politics module analyses Energy as a problem of choices and political conflicts, as the awareness of the

various systems of forces and interests present at a given historical moment and of the way in which they can interact, how

they manage to combine and relate is crucial for energy-related issues and decisions.

Creativity ProgramThe program includes an innovative Creativity Program. At the end of the program, students should be aware of their creative

abilities to think “out of the box”, to create and better sell ideas and to trust their capacities in managing complexity and

uncertainty when facing unexpected and unknown situations.

A full And rich inTErnATionAl ExPEriEncE

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The Energy MBA

Top Manager Agenda Seminars The links of IBS with the business world have always been a key element of its reputation. The business community continues

to play an important role in the School’s activities, through the maintenance of a committed part time faculty, a strong

presence in IBS Advisory Board and an involvement in several partnerships aimed to develop applied projects, internships,

awards and scholarships.

Top managers are regularly in contact with the School, in an intense and extensive network, continuously shared within the

master degrees’ students. Along the program, there will be several seminars and conferences by prominent international

managers and policy makers.

Individual Business MentorsEach student will have an individual Business Mentor. The mentor is a senior manager who provides advice, counseling and

expertise in preparing the student for his/her future professional career.

Career Services Working proactively with participants, from the very beginning of the Program, IBS is willing to assist students to perform

a self-analysis and contacts with the labour market in order to help students to find the right path in a career development

perspective. The Personal Development Program will be an important input for each student’s career management.

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The Energy MBA

The energy MBA program offers:

• 2 semesters at ISCTe Business School (Lisbon, Portugal)

• “energy Living Lab” –in-site training in leading edge renewable ener-gy projects

• 1 semester at Columbia University’s School of International and Pu-blic Affairs (new york City, USA)

ProgrAM sTrucTurE And curriculuM

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The Energy MBA

4. Classes at

Columbia University –

New York City, USA

(Aug/Sept.- Dec.2012)

Elective courses*:

International Energy Systems and Business Structures

Economics of Energy

Alternative Energy Resources

Quantitative Methods for Energy Policy

Political Context of Public and Private Environmental Management

Economic Analysis of Environmental Policies

Poverty, Inequality & the Environment

Environment, Conflict and Resolution Strategies

Maritime Transportation, Law & Public Policy

Urban Energy Systems & Policies

Energy Policy

U.S. Energy Security: Geopolitics of Oil and Gas

Energy Industry in Middle East and Africa

Energy Industry in East Asia

4.

Term Courses Programs

Classes atISCTE - Lisbon, Portugal (Sept.- Dec. 2011)

Data Analysis, Modeling and Research

Energy and

Politics Module

Personal Development

Program

Creativity Program

Global Management in the Energy Industry

Financial Reporting

Managerial Accounting

Macro Economics

Micro Economics

Operations Management

Supply Chain Management

Classes at ISCTE - Lisbon, Portugal (Jan.- June 2012)

Corporate and Project Finance

Marketing Management

Leadership and Organizational Behavior

Strategic Management

Energy Markets, Technologies and Innovation

Sustainable Development and the Energy Industry

“Energy Living Lab” Portugal (June 2012)

In-site training of energy technologies. Contact with different energy projects in Portugal, a country with projects in such areas as:HydroWindCCGTGrid managementSolar thermal and solar PVPetrochemicalsBiomass and cogeneration

1.

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The Energy MBA is a full-time program, with the majority of classes running from Monday to Friday between 8:00 AM and

12:30 PM. Conferences, Personal Development Program, the Creativity Program, and a reduced number of classes should take

place in the afternoon.

Classes will start on Sept 6th, with two introductory courses – Statistics, and Financial Reporting. Formal classes will start on

September 15th.

The program structure is the following:

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As a truly international program, the official language is English.

Under the new Bologna Agreement, the successful participation in the program will award an MBA diploma with 72 ECTS

(European Credits Transfer System).

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The Energy MBA

Lisbon is Europe’s West Coast capital and the closest gateway to Africa and Americas. It is also known as

the white city, for its unique luminosity. The light, the atmosphere and the Atlantic climate, blended with

Mediterranean influences, with warm sunny winters and cool summers, contribute altogether to offer a

unique experience for each visitor. Facing the Atlantic Ocean, Lisbon is surrounded by some of the best

beaches in Europe as well as some tourist and historical hallmarks such as Estoril and Sintra.

Lisbon is one of the safest cities in Europe and it has a very competitive cost of living, making a one year stay an enjoyable

and less demanding budget experience. Enchanted with historical marks, Lisbon is also a dynamic business center with a

distinctive international orientation.

ISCTE Business School is strategically located in the center of Lisbon. At its doorsteps, there is a subway station and wide

number of bus routes, allowing an easy and fast access to any part of the city. Within a short walking distance there is a wide

choice of hotels, restaurants and shops, as well as one of the largest sport and recreational centers of Lisbon. The airport is

at ten minutes driving distance.

ISCTE Business School (IBS) has its own graduate building where The Energy MBA classes take place. It is modern, fully

equipped with state-of-the-art technology and research databases, with several study rooms, computer labs, internet

wireless access points, recreational areas, a restaurant and a permanent art gallery.

New York City is a leading global city, exerting a powerful influence over global commerce, finance, culture, fashion and

entertainment. As host of the United Nations headquarters, it is also an important center for international affairs. New York

City is a global hub of international business and commerce and is a major center for finance, insurance, real estate, media

and the arts in the United States. “Culture just seems to be in the air, like part of the weather”, as the writer Tom Wolfe said.

Columbia University is one of the top academic and research institutions in the world, conducting pathbreaking research in

medicine, science, the arts, and the humanities. It includes three undergraduate schools, thirteen graduate and professional

schools, and a school of continuing education. Columbia University’s School of International and Public Affairs is located in the

historic, neoclassical Columbia University’s campus in the Morningside Heights neighborhood.

ThE lisBon And nEW york ciTy

ExPEriEncEs

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The Energy MBA

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The Energy MBA

cAndidATE ProfilE And rEquirEMEnTs

Candidate ProfileThe Energy MBA aims to bring in participants from different cultural, educational and academic backgrounds in order to ensure

diversity in the class. Candidates are evaluated on their potential and also on how each applicant’s professional aspirations

match up with the program curriculum offered. Candidates with a minimum of two years of professional experience will

benefit more from the program.

The program was designed for people who can benefit from its’ extremely actual and innovative contents, in terms of the

professional path they have chosen and are able to make a lasting difference for the Energy MBA development. Our students

should demonstrate leadership potential, team-player attitude, drive and strong communication and inter-personal skills.

Applicant requirementsCandidates will have to show evidence of / to present:

• A bachelor’s degree awarded by a University or other Institution of Higher Education;

• Evidence of English profiency - TOEFL (IBS code 6963) or IELTS Academic test;

• GMAT (IBS code 0964) or GRE results (optional).

Application ProcessApplications need to be submitted online at http://www.theenergymba.ibs.iscte.pt

There are 3 periods for application:

round 1: up to December 1, 2010 (23h59 Lisbon time)

round 2: up to March 1, 2011 (23h59 Lisbon time)

round 3: up to June 15, 2011 (23h59 Lisbon time)

Please note that each round is a distinct period in which you can apply. You may apply in one round only, one time in an

application year.

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The Energy MBA

important notice:

If your application is selected, you will have three weeks to send the following documentation and pay the first installment:

A copy of your official bachelor’s/ master’s degree certificates of completion;

Academic transcripts of the courses in the programs you took and the corresponding grades obtained (optional);

TOEFL or IELTS test score report (if English is not your native language);

GMAT or GRE score report (optional);

Two photos.

These documents should be sent to:

ISCTE Business School

Complexo INDEG/ISCTE

Av. Prof. Aníbal Bettencourt,

Campo Grande

1600-189 Lisbon

Portugal

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The Energy MBA

Tuition year 1

The tuition is 24,500€ payable in 3 installments:

• 8,575€ paid on registration date

• 8,575€ due November 2011

• 7,350€ due February 2012

This tuition includes travel, accommodation and meals for the Energy Living Lab (except personal expenses).

year 2

The tuition is 12,500€ (6,250€ due May and 6,250€ due September 2012).

The tuition does not include travel, accommodation and living expenses in Lisbon and New York City .

Note: Please check The Energy MBA website for information on securing housing, visas and other practical issues.

Scholarships A limited number of scholarships will be available for high-profile candidates signing up for The Energy MBA program. Scholar-

ships will cover up to a maximum of 50% of the tuition fees. Scholarships will be given to candidates providing clear evidence

of outstanding academic and/or professional achievement. A high GMAT or GRE score will increase the applicant’s prospects

for obtaining a scholarship.

Candidates applying for a scholarship must submit their applications no later than May 31 and fill in the scholarship application

form in our website. Scholarship decisions will be announced until the end of June.

TuiTion And scholArshiPs

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The Energy MBA

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The Energy MBA

Program DirectorsProfessor Manuel Pinho is the Director of the Program, bringing into The Energy MBA his vast experience

as a major policy maker and as the main promoter of a successful energy cluster in Portugal. In 2005-09, he

was Minister of the Economy of the Portuguese Government when Portugal became one of the leading world

players in renewable energy and electrical mobility. In 2007, he was the president of the European Union

Minister Council for Energy and of the Transatlantic Council and is the author of a New Energy Era, from which

the European SET Plan is drawn. He holds a degree in Economics from ISEG, Portugal and a PhD in Economics

from the University of Paris-X. He is a former economist at IMF, Director General of the Treasury, Chairman of the Institute of

Public Debt and Executive Board Director of Espírito Santo Financial Group.

Professor Pedro Fontes Falcão is the Executive Director. He holds an MBA from Harvard Business School

and a PhD degree in Management from ISCTE. He has worked in the industry for more than 15 years in

the banking, consulting and telecommunication industries in high profiled companies (BCP, the 2nd largest

Portuguese bank, Arthur D. Little, Vodafone). He is the managing partner of Atena Capital. His teaching and

consulting interests are negotiation, strategy, and mergers and acquisitions.

FacultyThe Energy MBA faculty body is a key part of the MBA experience. Its faculty members are active players in the development

of management knowledge, highly reputed in their fields of study and with strong pedagogical skills, encompassing:

• A full time faculty from ISCTE Business School and from Columbia University with PhD’s from well known universities and

diverse locations, delivering to the class an international vision and experience and the state-of-the art in management;

• A part time faculty, professors of management practice with prominent business positions, connecting students, through

classes, workshops and seminars, to an insight vision of the business world;

• A common goal of delivering an outstanding learning experience in every course, closely monitored and evaluated, feeding

a long life reputation of teaching skills and performance.

Faculty Body *• Louise Burke (MBA, New York University, USA)

• José Crespo de Carvalho (Ph.D. in Management, ISCTE Business School)

• Mary Cleveland (Ph.D. in Agricultural and Resource Economics, University of California, Berkeley, USA)

coordinATion And fAculTy

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The Energy MBA

• Jonathan Chanis (Ph.D. in Political Science from the Graduate School, CUNY, USA)

• José Dias Curto (Ph.D. in Management, ISCTE Business School)

• Pedro Fontes Falcão (Ph.D. in Management, ISCTE Business School; MBA, Harvard Business School, USA)

• Antoine Halff (Advanced Studies degree, École des Hautes Études en Sciences Sociales, France)

• Helena Isidro (Ph.D. in Accounting, University of Lancaster, UK)

• Klaus Lackner (Ph.D. in Theoretical Particle Physics, Heidelberg University, Germany)

• Jorge Lengler (Ph.D. in Business, University of Oregon, USA)

• Maria João Major (Ph.D. in Accounting, Manchester Business School, UK)

• Jorge Agarez Medeiros (MBA, Thunderbird School of Global Management, USA)

• Roy Nersesian (MBA, Harvard Business School)

• David Nissen (Ph.D. in Economics, University of California at Berkeley, USA)

• Catarina Roseta Palma (Ph.D. in Economics, Universidade Nova, Portugal)

• Manuel Pinho (Ph.D. in Economics, University of Paris-X, France)

• Neil Quartaro (Juris Doctor, Fordham School of Law, New York, New York, USA)

• Rodolfo Rivas (MBA, University of Connecticut, USA)

• Oliver Rohrich (Degree in Business Administration, University Ludwig Maximilians, Germany).

• Wolfram Schlenker (Ph.D. in Agricultural and Resource Economics, University of Sue Sheridan (J.D., Vanderbilt Law School, USA, and B.A., Duke University, USA)

• Adam Shrier (Ph.D. in Chemical Engineering, Columbia University, USA)

• Rui Vinhas da Silva (Ph.D. in Management, Manchester Business School, UK)

• Sara Tjossem (Ph.D. in History of Science, Cornell University, USA)

• Sofia Vale (Ph.D. in Economics in ISCTE Business School)

• David Walker (Ph.D. in Experimental Petrology, Harvard University, USA)

* Due to unexpected events, the faculty body composition may suffer minor adjustments. Additionally, it will include several international visiting faculty that are annually invited by IBS.

Invited FacultyThe Energy MBA’s invited faculty are highly renowned in their business fields, including CEO’s and board members of large entities:

• António Mexia, CEO of EDP – Energias de Portugal, a major world player in renewable energies

• António Gomes de Pinho, Chairman of the Board of Founders of Serralves Foundation

• Jorge Moreira da Silva, Senior Advisor on Energy Innovative Financing at United Nations

• José Braz, Board member of ERSE, the Portuguese Energy Services Regulatory Authority

• José Miguel Júdice, Partner of PLMJ, the largest Portuguese law firm

• Manuel Sebastião, President of the Portuguese Competition Authority

• Paulo Teixeira Pinto, former President of Millennium bcp and President of Babel Group

• Rui Cartaxo, CEO of REN, a large energy networks player

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The Energy MBA

ContactsThe energy MBA Admissions office

Sofia Rebelo

[email protected]

Tel. +351 21 782 6100

Fax +351 21 782 6108

ISCTe Business School

Complexo INDEG/ISCTE

Av. Prof. Aníbal Bettencourt

1600-189 Lisboa

Portugal

ISCTe Business School campus

edition and Coordination

Communication Department

ISCTE Business School

Design

MiopiaDesign

Printing

1000 copies

Complexo InDeg /ISCTeAv. Prof. Aníbal de Bettencourt1600-189 LisboaPortugal

Tel.: 21 782 61 00Fax: 21 793 87 09http://ibs.iscte.pt/en