| Title: | Foundations of Energy Finance |
 |
|---|---|---|
| Dates: | Fall 2008 (TBA)
Registration Deadline: 3 weeks prior to program start date Late Registration (within 3 weeks): Contact Registrar' Office to check space availability. |
|
| Duration: | 2 day program: 8:30 am - 4:30 pm | |
| Location: | Offered at the Federal Reserve Bank
of Dallas: Houston Branch 1801 Allen Parkway, Houston, TX 77019 |
|
| Faculty: | Dr. Ehud I. Ronn, Department of Finance | |
| Cost: | $2400 (Fall ’08). Fee includes all program materials, breakfast, breaks, and lunch for each day. Team rates and alumni discounts available. Registration is not complete until payment is received. | |
Texas Executive Education
Executive Education :
Open Enrollment Programs : Foundations of Energy Finance
Foundations of Energy Finance
Dr. Ehud I. Ronn Also Teaches:
Description
This program is designed to provide participants with an understanding of the “message from the markets” including the level and slope of futures markets. Participants will explore different formulas for modeling energy prices and discuss the implications of forward/futures prices and forecast prices for energy markets. In addition, this program will delve in managing long or short energy price- and risk-exposure at the corporate level.
Benefits:
- Realize the impact of economic/financial/geopolitical events on implied volatilities in the crude-oil market
- Understand the impact of seasonality in the natural gas market
- Learn to model energy prices using mean-reverting jump-diffusion models (MRJD) and regime-switching models
- Recognize the volatility skew
- Discuss the relationship between forward/futures markets
- Discover how to present the trade-offs of an optimal corporate risk strategy to decision-makers
- Gain an understanding of basic option valuation techniques.
