Module Database Search
| MODULE DESCRIPTOR | |||
|---|---|---|---|
| Module Title | |||
| Commercial Business Dynamics | |||
| Reference | SUM401 | Version | 2 |
| Created | May 2017 | SCQF Level | SCQF 11 |
| Approved | June 2012 | SCQF Points | 15 |
| Amended | December 2017 | ECTS Points | 7.5 |
| Aims of Module | |||
|---|---|---|---|
| To enable students to undertake a critical appraisal of various commercial business dynamics of different sectors of the energy industry. | |||
| Learning Outcomes for Module | |
|---|---|
| On completion of this module, students are expected to be able to: | |
| 1 | Critically review the dynamics and complexity of the different sectors of the energy industry. |
| 2 | Discuss and analyse the competitive environment across various energy sectors. |
| 3 | Critically evaluate the risk of economic loss and environmental impact in a selection of major energy projects. |
| 4 | Critically analyse and evaluate culture and legislative frameworks across various energy sectors. |
| Indicative Module Content |
|---|
| Introduction to the energy sectors (Oil and Gas, Renewables, Wind & Wave, Decommissioning and Nuclear); sector business dynamics and local markets; commercial realities, competitions, and procurement; commercial structures (agreement types, licensing etc); environmental risks, sector culture and internationalisation; legislative framework (UK & International); industry based, real world case studies and scenarios. |
| Module Delivery |
|---|
| The module is delivered in Distance Learning Mode by self directed web-based learning materials supported by on-line tutorial support and discussion forums. |
| Indicative Student Workload | Full Time | Part Time |
|---|---|---|
| Contact Hours | N/A | 70 |
| Non-Contact Hours | N/A | 80 |
| Placement/Work-Based Learning Experience [Notional] Hours | N/A | N/A |
| TOTAL | N/A | 150 |
| Actual Placement hours for professional, statutory or regulatory body |
| ASSESSMENT PLAN | |||||
|---|---|---|---|---|---|
| If a major/minor model is used and box is ticked, % weightings below are indicative only. | |||||
| Component 1 | |||||
| Type: | Coursework | Weighting: | 40% | Outcomes Assessed: | 1, 2, 4 |
| Description: | Normally a longitudinal assessment involving topic discussion forums (20%) and a group presentation (20%). | ||||
| Component 2 | |||||
| Type: | Coursework | Weighting: | 60% | Outcomes Assessed: | 2, 3 |
| Description: | An individual written piece of work. | ||||
| MODULE PERFORMANCE DESCRIPTOR | |
|---|---|
| Explanatory Text | |
| In order to pass the module students must achieve 40% or greater in each component. | |
| Module Grade | Minimum Requirements to achieve Module Grade: |
| A | 70% or greater |
| B | 60% or greater |
| C | 50% or greater |
| D | 40% or greater |
| E | 35% or greater |
| F | Less than 35% |
| NS | Non-submission of work by published deadline or non-attendance for examination |
| Module Requirements | |
|---|---|
| Prerequisites for Module | None in addition to course entry requirements or equivalent. |
| Corequisites for module | None. |
| Precluded Modules | None. |
| ADDITIONAL NOTES |
|---|
| This module is a core part of the MSc Commercial Practice for the Energy Sectors. The module may be taken as a stand-alone study package. |
| INDICATIVE BIBLIOGRAPHY | |
|---|---|
| 1 | Global Association of Risk Professionals, 2009, Foundations of energy risk management [electronic resource] : an overview of the energy sector and its physical and financial markets. |
| 2 | BP, 2011. Statistical review of world energy 2010. Free on the internet |
| 3 | Journals & Databases: World Oil Renewable Energy OnePetro |
| 4 | Tordo, Silvan, 2007, Fiscal Systems for Hydrocarbons: Design Issues, World Bank Publications. |
| 5 | Oddley, D., 2002, Britain’s Offshore Oil and Gas - Second Edition, UK Oil & Gas |