ENGY6303 - Energy Markets: Modeling, Derivatives, and Risk Management

ENGY 6303 Energy Markets: Modeling, Derivatives, and Risk Management (3 semester credit hours) Building on core derivatives theory, this course examines energy market dynamics across oil, natural gas, and electricity. Students apply quantitative models--including mean-reversion, jump-diffusion, and Gibson-Schwartz--using Python and Bloomberg data to value swaps, options, and complex spread structures. By bridging financial derivatives with physical energy assets, the curriculum emphasizes forward curve modeling, interest-rate drivers, and real options relevant to storage, production, and dispatch decisions. Designed for MS Finance and Business Analytics students, the course balances quantitative rigor with practical trading and risk-management execution. Prerequisite: FIN 6360. (3-0) F