Date | Location | Language | Price | Format | |
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Currently, this course is conducted only in an intracorporate format. | |||||
Special Offer |
This comprehensive training program offers an in-depth exploration of financial and corporate governance aspects specifically tailored for professionals in the Oil & Gas sector.
Module 1: Financial System & Corporate Governance in Oil & Gas
This module serves as the foundation, introducing participants to the essentials of financial systems in finance with a focus on the Oil & Gas industry. Key topics include understanding core finance issues and agency problems, navigating interest conflicts within Oil & Gas companies, and developing robust financial risk management strategies. Participants will also gain insights into effective governance structures and practices, equipping them with the knowledge to ensure sound financial decision-making within their organizations.
Module 2: Interest Rates and Their Impact
Interest rates play a crucial role in the financial landscape of the Oil & Gas sector. This module delves into the basics of interest rates and debt, factors influencing low interest rates, and various theories of interest rates. Special attention is given to the unique interest rate challenges faced by Oil & Gas companies, providing a comprehensive overview of debt securities and external influences on interest rates. This knowledge is vital for professionals managing finances in this volatile industry.
Modules 3 to 5: Budgeting, Valuation, and Exchange Rate Dynamics
These modules cover critical aspects of financial management in the Oil & Gas sector. Module 3 focuses on budgeting, offering insights into different types of capital budgeting, sensitivity analysis, project viability, and capital rationing. Module 4 shifts the focus to valuation and acquisition strategies, exploring financial assets valuation, Oil & Gas valuation techniques, challenges in project valuation, company valuation methods, and an overview of mergers and acquisitions. Module 5 then addresses exchange rate dynamics, crucial for international operations, covering topics like managing multiple currencies, handling currency exposure, and understanding the impacts of exchange rate fluctuations.
Modules 6 to 8: Payout Policies, Financing Projects, and Derivatives
The final modules of the program delve into more advanced topics. Module 6 focuses on payout policies and dividends in the Oil & Gas sector, discussing equity and commodity price risks, strategic financial planning, and effective payout policies. Module 7 provides an in-depth look at financing Oil & Gas projects, covering the understanding of capital structure, core finance principles, agency conflicts, managing financial distress, and financing new projects. The program concludes with Module 8, which introduces derivatives and risk management. This includes an exploration of different types of derivatives, understanding forwards, futures, swaps in finance, and practical risk management tools, including the Black–Scholes pricing formula.
This training program is designed to equip professionals in the Oil & Gas industry with the financial acumen and governance insights needed to navigate the sector's unique challenges and opportunities, fostering both personal and organizational growth.
- Financial Analysts and Managers in the Oil & Gas Industry: These professionals, who are responsible for financial planning, analysis, and decision-making within Oil & Gas companies, will find the course particularly relevant and beneficial.
- Corporate Governance Officers: Individuals involved in the development and implementation of governance policies and practices within the Oil & Gas industry will gain significant insights from the specialized focus on governance issues pertinent to this sector.
- Oil & Gas Project Managers: Managers who handle budgeting, financial risk, and project valuation in the Oil & Gas industry will acquire valuable insights and skills directly applicable to their roles.
- Investment Bankers and Consultants: Professionals who provide financial advice or services to Oil & Gas companies, including those involved in mergers and acquisitions, will enhance their ability to offer informed and effective guidance through the knowledge gained in this course.
- Risk Management Professionals: Those specializing in financial risk management within the Oil & Gas sector will benefit from the comprehensive exploration of risk management strategies and tools provided in the program.
- Accountants and Auditors in the Oil & Gas Industry: Accountants and auditors working with clients in the Oil & Gas sector will deepen their understanding of industry-specific financial practices and challenges.
- Regulatory Compliance Officers: Professionals ensuring that Oil & Gas companies adhere to financial regulations and standards will find the program's focus on governance and compliance issues particularly pertinent and useful.
- Executives and Senior Managers: Senior leaders within the Oil & Gas industry looking for a comprehensive understanding of financial and governance issues to inform strategic decision-making will find this program highly beneficial.
- Legal Professionals Specializing in Oil & Gas: Lawyers and legal advisors working in or with the Oil & Gas sector will benefit from a deeper understanding of the financial and governance frameworks that influence their clients' operations.
- Academics and Researchers: Those involved in academic or research roles with a focus on finance and governance in the Oil & Gas sector will find the course content valuable for teaching, research, and further study.
This program is designed to accommodate professionals at various expertise levels and from different functional areas, equipping them with the necessary tools and knowledge to effectively navigate the complex financial and governance landscapes of the Oil & Gas industry.
- To ensure participants gain the maximum benefit from this training program, focused on financial systems and corporate governance in the Oil & Gas sector, certain prerequisites are recommended: - Basic Understanding of Finance and Economics: Participants should have a foundational knowledge of finance and economics principles. This includes understanding basic financial statements, economic concepts, and the role of financial markets. - Familiarity with the Oil & Gas Industry: A general understanding of the Oil & Gas industry's operations, challenges, and global impact will be beneficial. This includes knowledge of exploration, production, refining, and distribution processes within the sector. - Experience in Corporate or Financial Roles: Professionals with experience in corporate finance, accounting, investment, or management roles will find the course content more relatable and applicable. This experience helps in understanding complex financial strategies and governance issues. - Analytical Skills: The ability to analyze financial data and interpret economic trends is crucial. Participants should be comfortable with quantitative analysis and have a basic proficiency in using financial analysis tools and software. - Problem-Solving and Critical Thinking Abilities: As the course involves dealing with complex and dynamic financial scenarios in the Oil & Gas sector, strong problem-solving and critical thinking skills are essential. - Basic Proficiency in Mathematics: Understanding of basic mathematics and statistics is necessary, especially for modules dealing with financial valuation, risk management, and budgeting. - Professional or Academic Qualifications: A bachelor's degree in finance, economics, business administration, or a related field is advantageous. For professionals without a formal degree, significant work experience in financial or corporate roles can be considered. These prerequisites ensure that all participants start with a similar level of understanding, allowing for more advanced and focused discussions during the training. This approach maximizes learning outcomes and enhances the overall effectiveness of the program.
- Understand and Apply Key Financial Principles: Gain a deep understanding of the essential financial systems, principles, and practices as they specifically apply to the Oil & Gas industry
- Navigate Corporate Governance in Oil & Gas: Develop a comprehensive understanding of governance structures and practices unique to the Oil & Gas sector, enabling participants to effectively oversee and implement these in their organizations
- Analyze and Manage Financial Risks: Acquire skills to identify, analyze, and manage the various financial risks inherent in the Oil & Gas industry, including those related to interest rates, exchange rates, and market volatilities
- Implement Effective Budgeting Techniques: Learn and apply different types of capital budgeting, understand sensitivity analysis in budgeting, and assess project viability, particularly in the context of the Oil & Gas sector
- Evaluate and Utilize Valuation Techniques: Master the techniques for financial assets valuation, including Oil & Gas valuation methods, and understand the challenges in project and company valuation
- Handle Interest Rate and Exchange Rate Dynamics: Develop the ability to understand and manage the complexities of interest rates and exchange rate dynamics, which are crucial in the global Oil & Gas industry
- Develop Strategic Financial Planning Skills: Enhance strategic planning capabilities, especially in terms of payout policies, dividends, and managing spare cash in the Oil & Gas context
- Understand Financing of Oil & Gas Projects: Gain insights into the financing aspects of Oil & Gas projects, including capital structure, core finance principles, and strategies for managing financial distress
- Master Derivatives and Risk Management Tools: Learn about various types of derivatives, their uses in the Oil & Gas industry, and apply risk management tools effectively, including understanding the Black–Scholes pricing formula
- Apply Knowledge to Real-world Scenarios: Be able to apply the acquired knowledge and skills to real-world scenarios in the Oil & Gas industry, enhancing decision-making and problem-solving abilities in financial and governance matters
- Essentials of Financial Systems in Finance
- Core Finance Issues and Agency Problems
- Interest Conflicts in Oil & Gas Companies
- Financial Risk Management Strategies
- Governance Structures and Practices
- Basics of Interest Rates and Debt
- Factors Influencing Low Interest Rates
- Theories of Interest Rates
- Interest Rate Challenges in Oil & Gas
- Debt Securities Overview
- External Influences on Interest Rates
- Types of Capital Budgeting
- Sensitivity Analysis in Budgeting
- Project Viability in Oil & Gas
- Capital Rationing in the Industry
- Financial Assets Valuation
- Oil & Gas Valuation Techniques
- Challenges in Oil & Gas Project Valuation
- Company Valuation Methods
- Mergers and Acquisitions Overview
- International Finance and Currency Risks
- Geographic Impact on Finance
- Dealing with Contractors and Subcontractors
- Managing Multiple Currencies
- Handling Currency Exposure
- Exchange Rate Fluctuations
- Equity and Commodity Price Risks
- Strategic Financial Planning in Oil & Gas
- Payout Policies and Practices
- Allocating Spare Cash
- Dividend Strategies
- Pay-out Policies in Oil & Gas
- Understanding Capital Structure
- Core Finance Principles
- Agency Conflicts in Oil & Gas
- Managing Financial Distress
- Financing New Projects in the Sector
- Introduction to Derivatives
- Types and Uses of Derivatives
- Understanding Forwards
- Futures and Swaps in Finance
- Black–Scholes Pricing Formula
- Risk Management Tools in Practice
Training can take place in 4 formats:
- Self-paced
- Blended learning
- Instructor-led online (webinar)
- Instructor-led offline (classroom)
Description of training formats:
- Self-paced learning or e-Learning means you can learn in your own time and control the amount of material to consume. There is no need to complete the assignments and take the courses at the same time as other learners.
- Blended learning or "hybrid learning" means you can combine Self-paced learning or e-Learning with traditional instructor-led classroom or webinar activities. This approach requires physical presence of both teacher and student in physical or virtual (webinars) classrooms or workshops. Webinar is a seminar or presentation that takes place on the internet, allowing participants in different locations to see and hear the presenter, ask questions, and sometimes answer polls.
- Instructor-led training, or ILT, means that the learning can be delivered in a lecture or classroom format, as an interactive workshop, as a demonstration under the supervision and control of qualified trainer or instructor with the opportunity for learners to practice, or even virtually, using video-conferencing tools.
When forming groups of students, special attention is paid to important criteria - the same level of knowledge and interests among all students of the course, in order to maintain stable group dynamics during training.
Group dynamics is the development of a group in time, which is caused by the interaction of participants with each other and external influence on the group. In other words, these are the stages that the training group goes through in the process of communicating with the coach and among themselves.
The optimal group size for different types of training:
- Self-paced / E-learning: 1
- Instructor-led off-line (classroom): 6 – 12
- Instructor-led on-line (webinar): 6 – 12
- Blended learning: 6 – 12
- Workshop: 6 – 12
- On-the-job: 2 – 4
- Simulator: 1 – 2
Feedback in the form of assessments and recommendations is given to students during the course of training with the participation of an instructor and is saved in the course card and student profile.
In order to control the quality of the services provided, students can evaluate the quality and training programme. Forms of assessment of the quality of training differ for courses with the participation of an instructor and those that are held in a self-paced format.
For courses with an instructor, start and end dates are indicated. At the same time, it is important to pay attention to the deadlines for passing tests, exams and practical tasks. If the specified deadlines are missed, the student may not be allowed to complete the entire course programme.
A personal account is a space for storing your training preferences, test and exam results, grades on completed training, as well as your individual plan for professional and personal development.
Users of the personal account have access to articles and blogs in specialized areas, as well as the ability to rate the completed training and leave comments under the articles and blogs of our instructors and technical authors
Registered users of a personal account can have various roles, including the role of a student, instructor or content developer. However, for all roles, except for the student role, you will need to go through an additional verification procedure to confirm your qualifications.
Based on the results of training, students are issued a certificate of training. All training certificates fall into three main categories:
- Certificate of Attendance - students who successfully completed the course but did not pass the tests and exams can apply for a certificate of attendance.
- Certificate of Completion - students who have successfully completed a course could apply for a Certificate of Completion, this type of certificate is often required for compliance training.
- Verified Certificate - it is a verified certificate that is issued when students have passed exams under the supervision of a dedicated proctor.
You can always download a copy of your training certificate in PDF format in your personal account.
You will still have access to the course after completing it, provided that your account is active and not compromised and Tecedu is still licensed for the course. So if you want to review specific content in the course after completing it, or do it all over again, you can easily do so. In rare cases, instructors may remove their courses from the Tecedu marketplace, or we may need to remove a course from the platform for legal reasons.
During the training, you may encounter various forms of testing and knowledge testing. The most common assessment methods are:
- preliminary (base-line assessment) - to determine the current level of knowledge and adapt the personal curriculum
- intermediate - to check the progress of learning
- final - to complete training and final assessment of knowledge and skills, can be in the form of a project, testing or practical exam
Travel to the place of full-time training is not included in the cost of training. Accommodation during full-time studies can be included in the full board tuition fees.
While Tecedu is not an accredited institution, we offer skills-based courses taught by real experts in their field, and every approved, paid course features a certificate of completion or attendance to document your accomplishment.
You can preview samples of the training materials and review key information about the course on our website. You can also review feedback and recommendations from students who already completed this course.
We want you to be happy, so almost all purchased courses can be returned within 30 days. If you are not satisfied with the course, you can request a refund, provided the request complies with our return policy.
The 30-day money back policy allows students to receive quality teaching services with minimal risk, we must also protect our teachers from fraud and provide them with a reasonable payment schedule. Payments are sent to instructors after 30 days, so we will not process refund requests received after the refund period.
We reserve the right, in our sole discretion, to limit or deny refund requests in cases where we believe there is refund abuse, including but not limited to the following:
- A significant portion of the course has been consumed or downloaded by a student before the refund was requested.
- Multiple refunds have been requested by a student for the same course.
- Excessive refunds have been requested by a student.
- Users whose account is blocked or access to courses is disabled due to violation of our Terms and Conditions or the Rules of Trust and Security.
- We do not grant refunds for any subscription services.
- These refund restrictions will be enforced to the extent permitted by applicable law.
We accept most international credit and debit cards like Visa, MasterCard, American Express, JCB and Discover. Bank Transfers also may be an option.
Conducting classes is based on the fact that the teacher demonstrates text, drawings, graphics, presentations on an interactive board, while the content appears in the student's electronic notebook. A specially designed digital notepad and pen are used to create and edit text and images that can be redirected to any surface via a projector.
Classes are live streamed online, automatically recorded and published on the Learning Portal, allowing you to save them for reuse anytime, anywhere, on any mobile device. This makes it possible not to miss classes and keep up with classes and keep up with the passage of new material.
Real-life training uses the principles of game organization, which allows future professionals to rehearse and hone their skills in a virtual emergency. Learning as a game provides an opportunity to establish a connection between the learning activity and real life.
The technology provides the following learning opportunities:
- Focused on the needs of the user
- Instant feedback
- Independent decision making and choice of actions
- Better assimilation and memorization of the material
- Adaptive pace of learning tailored to the individual needs of the student
- Better transfer of skills learned in a learning situation to real conditions
Basic principles of training:
- A gradual increase in the level of difficulty in the game;
- Using a simplified version of a problem situation;
- Action in a variable gaming environment;
- The right choice is made through experimentation.
The main advantages of Game Based Learning technology:
- Low degree of physical risk and liability
- Motivation to learn while receiving positive emotions from the process;
- Practice - mirroring the real situation
- Timely feedback
- Choice of different playing roles
- Learning in collaboration
- Developing your own behavior strategy
Conducting practical classes online using remote access technologies for presentations, multimedia solutions and virtual reality:
- Laboratory workshops that simulate the operation of expensive bench equipment in real production
- Virtual experiment, which is visually indistinguishable from a remote real experiment performed
- Virtual instruments, which are an exact copy of real instruments
- Mathematical modeling to clarify the physical characteristics, chemical content of the investigated object or phenomenon.