Energy Asset Management
Open for Fall 2020
Program Highlights
Study the business side of the energy industry and learn about contracts, leases and regulatory obligations in preparation for a career in mineral and surface land management, well asset management or operations accounting.
(Also available part time through Continuing Education.)
Next Information Session
Tuition and Fees Per Year*
Year 1: $10,018
Year 2: $10,018
Year 1 (International): $16,287
Year 2 (International): $16,287
*Tuition, fees, books and supply costs are subject to change
Requirements
This is a direct entry program. Applicants who meet the admission requirements are offered spots based on first qualified, first acceptance if space is available.
When can you apply?
- Applications are accepted until program start.
- Applications for fall 2020 open Oct. 2, 2019.
| Term | Program start |
|---|---|
| Fall 2020 | Sept. 8, 2020 |
Learn more
Learn about the story of JD Watt, SAIT's Energy Asset Management diploma program graduate, his career transition from hockey to energy industry, and how the program has helped him to pursue his passion.
Program Details
Program Description
Want to be a mover and a shaker in the oil and gas industry? As a student in the Energy Asset Management program, you’ll study the business side of the energy industry and learn to handle contracts, leases, regulatory obligations, and accounting tasks. You’ll leave SAIT with the skills you need to confidently enter the high-demand field of energy asset management.
Your Career
As a student of the program, you will learn about all functions within the industry (including an appreciation for the technical side of the business) and will graduate with relevant skills in administration of the regulatory, financial and contractual compliance workflow pertaining to energy industry assets. As a graduate of this program, you will have career opportunities in the petroleum industry in such areas as mineral land, land contracts, surface land, joint ventures, operations accounting, production accounting, well and facility asset management, as well as within various energy service companies, governments and field operations.
- Graduates of the Energy Asset Management program have an 88% employment rate
Student Success
- Joint Venture Specialization establish agreements and partnership arrangements
- Mineral Land Management acquire and preserve below-ground rights
- Surface Land Management acquire and preserve above-ground land activity
- Well Asset Management
- Monitor activity, gather information and report to regulatory bodies and partners
- Operations Accounting
- Gather, calculate and report production and financial data
Credentials
After successfully completing this program, graduates will receive a SAIT diploma in Energy Asset Management.
Accreditation
There are no formal accreditation arrangements at this time. Please contact the MacPhail School of Energy for more information.
Transfer Options
The opportunity to advance your education through transfer to, within or from SAIT is available with the following universities and colleges:
- Athabasca University
- Mount Royal University
- Robert Gordon University, UK
- University of Lethbridge
- University of Wyoming
To learn more, visit Transfer Options.
Admission Requirements
Admission and Selection
- Applications are accepted until the program start date.
- Fall 2020 start: applications open Oct. 2, 2019.
Admission Requirements
Completion of the following courses or equivalents:
- At least 60% in Math 30-1 or Pure Math 30, or 75% in Math 30-2 or Applied Math 30,
- At least 60% in English Language Arts 30-1 or 75% in English Language Arts 30-2.
- All applicants must demonstrate English Language Proficiency prior to admission, including students educated in Canada.
SAIT accepts high school course equivalents for admission. If you don't meet the requirements, consider Academic Upgrading.
SAIT evaluates international documents for admissions. After you've applied, consider our international document assessment service if your education is from outside of Canada.
Direct Entry: Four Step Process
Step 1: Read the program information to see the qualities needed for student success.
Step 2: Ensure that you meet all of the admission requirements listed above.
Step 3: Apply to Energy Asset Management and submit your submit your transcripts and/or anticipated final grades.
- Admission will be extended on a first-qualified, first-offered basis until the program is full.
Step 4: Find out how to monitor your application status after you apply.
Online Program Delivery
If you're interested in taking Energy Asset Management through online delivery, you'll need to apply online and meet the admission requirements. When you're filling out your application, select the Part-Time Application type and choose Energy Asset Management Diploma - Distance Education.
Courses
Program Outline
View additional Energy Asset Management program information including course-specific descriptions and requisites.
First Year
Semester 1 - Fall
| Course Code | Course Name | Credit |
|---|---|---|
| ACCT-352 | Energy Accounting | 3.0 |
| BLAW-205 | Business Law | 3.0 |
| COMM-256 | Professional Communication and Presentation Skills | 3.0 |
| EAMG-250 | Pre-Acquisition & Acquisition | 3.0 |
| EAMG-210 | Overview of EAM and Energy Industry | 3.0 |
| Semester 1 Total | 15.0 | |
Semester 2 - Winter
| Course Code | Course Name | Credit |
|---|---|---|
| COMM-266 | Professional Communication Skills II |
3.0 |
| DATA-240 | Software Applications | 3.0 |
| EAMG-220 | Energy Agreements |
3.0 |
| EAMG-230 | Operations Accounting |
3.0 |
| EAMG-255 | Drilling and Completion | 3.0 |
| Semester 2 Total | 15.0 | |
| First Year Total | 30.0 | |
Second Year
Semester 3 - Fall
| Course Code | Course Name | Credit |
|---|---|---|
| EAMG-300 | Maintenance |
3.0 |
| EAMG-306 | Production Facilities | 3.0 |
| EAMG-350 | Production | 3.0 |
| ECON-302 | Economics | 3.0 |
| PROJ-399 | Project Management | 3.0 |
| Semester 3 Total | 15.0 | |
Semester 4 - Winter
| Course Code | Course Name | Credit |
|---|---|---|
| EAMG-301 | Capstone Project | 3.0 |
| EAMG-355 | Abandonment and Relinquishment | 3.0 |
| FNCE-360 | Financial Decision Making | 3.0 |
| MKTG-301 | Oil & Gas Marketing | 3.0 |
| MNGT-250 | Organizational Behaviour | 3.0 |
| Semester 4 Total | 15.0 | |
| Second Year Total | 30.0 | |
| Program Total | 60.0 | |
Progression
Students must attain a PGPA and/or a CGPA of 2.0 or better in each semester and pass the necessary prerequisite courses to progress through the program. To qualify for graduation, students must pass all courses, attain a CGPA of 2.0 or better and complete course requirements within the prescribed timelines.
Costs
Domestic Tuition and Fees*
| Year | Tuition fees | SAIT fees | SAITSA fees | Health & Dental Plan | 2019/20 total |
|---|---|---|---|---|---|
| 1 | $9,033 | $462 | $288 | $235 | $10,018 |
| 2 | $9,033 | $462 | $288 | $235 | $10,018 |
International Tuition and Fees*
| Year | Tuition fees | SAIT fees | SAITSA fees | Health & Dental Plan | 2019/20 total |
|---|---|---|---|---|---|
| 1 | $15,078 | $462 | $288 | $460 | $16,287 |
| 2 | $15,078 | $462 | $288 | $460 | $16,287 |
SAIT Fees
Campus Athletic and Recreation Fee: $160
Universal Transit Pass (UPass): $302 - Check eligibility here
Health and Dental Fees
Domestic Students
- Health Plan: $110
- Dental Plan: $125
- For students with existing health and/or dental plans, please refer to the SAITSA website for information on opting out.
International Students
- Health and Dental Plan: $460
- For more information on Health and Dental Benefits for International students please contact the International Centre.
Books and Supplies*
- Books and supplies are approximately $500 per year.
Find out about tuition and financial aid.
* Tuition, fees, books and supply costs are subject to change.
Contact
MacPhail School of Energy
403.284.8451
energy.info@sait.ca
Inspiring Stories
“You get a broad knowledge of the energy industry, so you can jump in ready,” she says, adding the program even included networking opportunities with potential employers. “The industry wants us. They know how much we’ve learned in the two years.”
“I have the knowledge and skills to bring to the industry,” she says. “They gave us a good foundation that we can build on.”
"All the programs used in class translated directly into the real world," he says. "The opportunities the program afforded for employment were good."