MBA Energy Management (Professional)

  • Blended
  • 15 months
  • EUR45000 Year (Non-EEA)
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WU (Vienna University of Economics and Business) | Vienna, Austria
The energy industry constitutes a powerful catalyst for economic growth and a vital factor for stability in societies. The MBA Energy Management is the only program of its kind worldwide, combining hands-on leadership with the latest management expertise in key markets (oil, gas, nuclear, renewable).
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Description of Energy Management (Professional)

Designed and taught by leaders in the energy industry from OPEC and other international organizations, the program provides the knowledge and real-world tools. These are necessary for managers to succeed in today’s globalized industry and to master the energy challenges of tomorrow. Due to its large geographic footprint and participants coming from all 5 continents, the MBA Energy Management has a different module structure and is taught separately from the Professional MBAs.

The specialization in Energy Management is a unique tailor-made program setting world-class standards and enabling executives and their companies to succeed in the global energy market. Participants learn to apply state-of-the-art management and leadership techniques to cope with current and future challenges. A special focus is on non-technical management issues covering key energy markets (oil, gas, nuclear, renewable). It brings together the best in both academic expertise and hands-on management approaches from energy leaders, OPEC and other international energy organizations.

Program Focus

  • Energy Economics
  • Global Energy Markets
  • Environmental Management
  • Energy Regulation
  • Energy Trading
  • Renewable Energy
  • Strategies in the Energy Business
  • Negotiations

Strong Link to the Economy

The program has been designed with the demands of current business practice in mind. Moreover, they aim to prepare participants for future changes arising from increasing environmental uncertainty and globalization. To this end, curricula have been developed by academics faculty in close cooperation with specialists and top executives from industry.

International Faculty

Faculty consists of international faculty as well as of top executives. World-renowned professors and professionals - each an expert in his or her field - provide latest scientifically based knowledge as well as in-depth views of state-of-the-art applications of management models. Their international experience and global expertise enables the faculty to present an integrated, global management perspective emphasizing the application of theory to practice.

Didactic Design

The Professional MBA’s didactic design ensures efficient knowledge transfer - while participants continue to pursue their career. Pedagogical approaches vary, ranging from interactive case studies to business simulations and formal presentations. The Professional MBA consists of consecutive blocked modules, each divided into: Pre-Module, Core-Module and Post-Module.

Detailed Course Facts

Application deadline June 30
Tuition fee
  • EUR 45000 Year (Non-EEA)
  • EUR 45000 Year (EEA)

Total Program Fee and it includes course materials and catering during modules. Accommodation and travel expenses are not covered by the program fees. The program fee is VAT exempt according to § 6 paragraph 12 Austrian Value Added Tax Law. The program fee may be tax deductible.

Start date November  2015
Duration full-time 15 months
Delivery mode Blended
Educational variant Part-time
Intensity Flexible
Duration part-time 15 months
Part-time variant Residential
Structure Fully structured
Student interaction Online group works/assignments
Attendance No Attendance
Teacher support Continuous support with feedback on request

Course Content


The modular structure of our MBA programs allows managers to take a world-class MBA while pursuing their careers. Participants gain profound insights into core business subjects and a specific field or industry.

The Business Core modules cover vital economic and business administration expertise alongside up-to-date management and leadership tools and techniques. The Specialization modules allow participants to gain profound knowledge, expertise and competencies in a chosen function or industry.


Business Core

  • Managing People
  • Managing Organizations
  • Competitive Analysis and Strategy
  • Data Analysis and Decision Making
  • Financial Reporting
  • Financial Management
  • Operations Management
  • Controlling
  • Marketing Management
  • Global Markets
  • Information Systems Management
  • Managerial Economics
  • Entrepreneurship and Innovation
  • Leadership
  • Ethics and Corporate Social Responsibility


Energy Economics:Gain an overview of the global economic development. Understand the importance of energy as an economic sub-discipline. Explore the energy industrys role in economic development.

Global Energy:MarketsLook at the global energy outlook and the global energy policy. Study different global energy markets (oil and gas, electricity, nuclear energy) and market relations.

Environmental Management:Reflect on the interactions between societies and the environment and assess their impact. Analyze environmental data and gain exposure to environmental modeling. Understand emission trading, pollution emission and pollution reduction.

Energy Regulation: Study the liberalization of energy markets and gain an overview of regulatory institutions. See how energy is transported and distributed.

Energy Trading: Understand energy trading systems (oil, gas and electricity) and examine energy as a global commodity. Gain knowledge of energy exchanges and bilateral contracts.

Renewable Energy: Study renewable energy generation (solar energy, wind power, hydropower and geothermal energy). Explore technical options and evaluate renewable energy projects from economic and financial perspectives.wable Energy

Strategies in the Energy Business: Examine the principles of security and asset management. Furthermore, understand the significance of mergers, acquisitions and co-operations in the energy business.

Negotiation: Hone your negotiation skills and learn to deal with difficult negotiation partners as well as to manage and resolve conflicts.

Master Thesis


  • Executives from governmental and non-governmental energy companies
  • Industry professionals (middle and top management) in all areas of energy management
  • Professionals from international organizations (OPEC, OECD, IAEA etc.)
  • Technical professionals moving to a general management position
  • Professionals from international financial institutions (researcher, analysts)

Average Class profile

  • Age: 36 years
  • Working experience: 12 years
  • International participants: 80%
  • Female/Male: 25%/75%


The MBA Energy Management was designed in close cooperation with the leading experts from both renewable and classical energy industries. Their wealth of knowledge and direct involvement makes our program so special, together with a wonderful location in Vienna.

Members of the advisory board are eg*.:

  • Dr. Majid Al-Moneef – Governor of Saudi Arabia to OPEC
  • Dr. Heinz Leuenberger – Director, UNIDO
  • Dr. Adnan Shihab-Eldin – Former Secretary General of OPEC, Director General of Kuwait Foundation for Advancement of Sciences
  • DI Rainer Wieltsch, MBA – Former Head of the Supervisory Board, OMV
  • Dr. Rainer Reich – Partner, BCG
  • Ivan Sandrea – Senior Research Advisor, Oxford Institute for Energy Studies
  • Dr. Michael Pistauer – Former CEO, Verbund
  • Jesus Rodriguez – Investment Officer, OFID
  • Lucille Langlois – Former Representative of the IAEA
  • Dr. Ibibia Lucky Worika – Legal Advisor (Natural Resources), Commonwealth Secretariat
  • Marianne Osterkorn, PhD – Director General Renewable Energy and Energy Efficiency Partnership (retired)

* 03/2015

English Language Requirements

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Requirements for Energy Management (Professional)

Student diversity is essential to the quality of the Professional MBA program. We select all our MBA participants with great care, considering cultural and academic background, skills and work experience.

Criteria include:

• Solid career progression

• Management and leadership skills

• Ability to commit to a challenging program

• Interpersonal and communication skills

• A clear career vision

• Ambition and drive

Professional MBA applicants must meet the following requirements:

• Undergraduate degree equivalent to a bachelor’s degree or higher

• Minimum of three years of relevant work experience

• Proficiency in written and spoken English

Work Experience for Energy Management (Professional)

At least 3 year(s) of work experience are required.

More Information


AMBA - Association of MBAs

EQUIS - European Quality Improvement System

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