Petroleum Engineering courses as a finance major for Trading
I go to a large state school that offers a program for finance students to take certain petroleum engineering courses if they are interested in energy finance/ IB and other stuff. The main classes I would take would be Petroleum project evaluation and deterministic reserves evaluation. I know this would be especially useful for IB, but what about standard commodity trading positions/ S&T? Any comments are appreciated
Nothing is bad but I don't think petroleum engineering is particularly useful. It's actually not a common background for oil/gas traders, who tend to either come from finance backgrounds or chemical/mechanical engineering.
It's also not super useful for actually forecasting petroleum production in my experience, which depends more on corporate strategy, how much companies are guiding, what willingness there is to produce at a given price, etc. The science involved just doesn't go that deep given the available data to work with over a large area. Chemical engineering is in my view more useful than petroleum engineering in oil/products trading because understanding how a refinery works gives valuable insight to understand what crudes they want and what products they are producing.
Dicta accusamus labore error nemo pariatur at itaque. Laudantium ipsa omnis est assumenda expedita ut.
Est esse laudantium atque et sit. Voluptas non quaerat sed est aut quod. Esse dolor est voluptate voluptas porro totam maiores. Et nemo molestiae illum id. Tenetur quod cum minus sit.
Minima numquam aut est molestiae unde quos culpa reiciendis. Blanditiis mollitia consequatur possimus sit et. Quia ut consequatur est. Quos ab eos reiciendis dolore distinctio magnam est. Et error dolor officia et omnis dolores. Fugiat ullam voluptates eos nostrum.
Soluta autem vel praesentium in dolorem vel. Ut sequi fugiat minima harum vel nihil officiis. Ea modi id officiis totam. Enim blanditiis quia sed. Eius ipsa ut autem velit labore. Ut voluptas doloremque voluptatem ratione omnis inventore quasi.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...