Recruiting
The EMG facilitates the education of UCLA Anderson students to current business challenges and career paths in the energy industry. We host panels, seminars, and other events that feature energy professionals discussing their experiences in the industry, creating open forums for discussion regarding the future of the industry.
Dave Henry from the Parker Career Management Center at UCLA Anderson is the official liaison for recruiters to the Anderson student body. Additionally, the EMG compiles resumes of students pursuing careers in energy. To obtain the EMG resume book or to communicate with members, please contact Trace Kuratomi.
EMG members, alumni, and friends currently work in, or are pursuing careers in the roles below.
The EMG facilitates the education of UCLA Anderson students to current business challenges and career paths in the energy industry. We host panels, seminars, and other events that feature energy professionals discussing their experiences in the industry, creating open forums for discussion regarding the future of the industry.
Dave Henry from the Parker Career Management Center at UCLA Anderson is the official liaison for recruiters to the Anderson student body. Additionally, the EMG compiles resumes of students pursuing careers in energy. To obtain the EMG resume book or to communicate with members, please contact Trace Kuratomi.
EMG members, alumni, and friends currently work in, or are pursuing careers in the roles below.
Financing & Project Development
As the portfolio of energy generation options expands from conventional coal, large hydro, and gas to renewable sources of wind, solar thermal, or solar PV, there continues to be a strong need for managers to analyze, implement, and execute the development of energy generation sources. Careers in Finance and Project Development are focused on the evaluation and management of new business opportunities by performing valuation analysis, financial modeling and pro-forma analysis, land rights permitting, performing financial and environmental due diligence, negotiating power purchase agreements, risk management, and managing a project budget.
Product Marketing, Strategy & Technology Development
As a result of the government and public's concern over the sources of energy and consumption patterns, the energy industry is undergoing a major transformation. New market demands of renewable energy, home solar, smart grid, and electric vehicles has resulted in a need of professionals that can create solutions to meet the needs of policy, utility, private, and end-user stakeholders. Professionals in this job category are responsible for aligning the market direction with to internal company strategies by determining integration strategies, business models, and competitive analysis for specific products. These job functions can reside in both utility companies and private companies. Common products include Smart Metering (Advanced Metering), Residential Solar, Distributed Generation, Energy Efficiency, Energy Storage, or Smart Grid Technologies.
Energy Contracts & Trading
In the traditional sense, energy trading is the buying, selling, and marketing of energy commodities such as electricity, natural gas, coal, or gasoline. Energy Contracts and Trading involve the creation of physical delivery contracts, the creation of financial hedging instruments, and the use of current energy trading markets to sell physical delivery, options, and futures contracts. Contracts of this nature are often traded on open exchanges like NYMEX and ICE, but can also be constructed bilaterally, or even made through a broker. These job functions primarily reside in utilities, investment funds, banks, larger electricity generation companies, and third party traders. Recent legislation could expand trading to include Renewable Energy Credits (REC) and Carbon Trading.
Emissions Trading & Environmental Risk Management
The heavily regulated nature of energy markets and the associated environmental impacts of oil and gas exploration and project development require risk management and regulatory strategies throughout the entire value chain. New and existing emissions trading schemes, and the complexity of climate change legislation require top-tier talent to analyze market and non-market forces and to create strategies to navigate the complexities of the energy field. Typical roles include regulatory affairs, risk management, and environmental strategy.
Private Equity
Private Equity is a broad term that refers to any type of equity investment in an asset in which the equity in not freely tradable on a public stock market. Private Equity firms are managed by individuals known as general partners who will make direct investments on behalf of the limited partners, or those who contribute capital to the fund. General partners are generally compensated with a management fee, defined as a percentage of the fund's total equity capital, as well as carried interest, defined as a percentage of profits generated. Private Equity firms are involved in the energy industry in a number of ways. Some combine strategies across the industry, such as investing in coal products, emissions credits, and conventional power development. Others have a more narrow strategy, such as just investing in renewable energy firms.
Consulting
Similar to traditional consulting engagements, energy sector consultants are hired by senior management to assist in a wide variety of challenges. Consultants can assist companies with M&A opportunities, operational and supply chain strategies, restructuring, cost reductions, performance improvement, risk management, and contract negotiations. Energy industry consulting provides the ideal opportunities and exposure to all industry players along the value chain to maximize the value created in mixed environment of competitive markets and government regulation.
