Masterclass Catalog

A complete list of Masterclasses offered through the OSU Center for the Future of Work.

MASTERCLASS CATALOG Published September 2023 Last updated 9.5.2023

Center for the Future of Work SPEARS SCHOOL OF BUSINESS | OKLAHOMA STATE UNIVERSITY

294 Business Building | Stillwater, OK 74078 Phone: 405-744-5208 | Fax: 405-744-6143 LinkedIn & Facebook @OSUCFW cfw@okstate.edu | business.okstate.edu/cfw

CFW Team |

Abbey Davis Director

Kelle DeBord Assistant Director

Lindsey Ray Program Manager

Rebecca Ramsey Assistant Program Manager

Maci Inselman Assistant Program Manager

Alexis Hightower Program Coordinator

The Center for the Future of Work in the OSU Spears School of Business offers various certificate programs and customized professional development.

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CFW Team |

Kaylie Wehr Communications Coordinator

Chris Franklin Program Specialist

Sherry Hesler Administrative Associate

Tatelyn Moran Program Specialist

The Center for the Future of Work in the OSU Spears School of Business offers various certificate programs and customized professional development.

TABLE OF CONTENTS

ACCOUNTING AND FINANCE.......................................................................................................................................IX Accounting, Budgeting, and Financial Reporting for Governmental Entities........................................................10

Capital Expenditures (CAPX) and Operational Expenditures (OPEX)........................................................................11

Ethics Under Pressure.......................................................................................................................................................12

Finance for Managers I......................................................................................................................................................13

Finance for Managers II.....................................................................................................................................................14

Finance for the Nonfinancial Manager . .......................................................................................................................... 16

Financial Analysis and Modeling Using Excel................................................................................................................17

ACCOUNTING AND FINANCE FOR ENERGY..............................................................................................................18 Advanced and Expert Strategies in Oil and Gas Finance...........................................................................................19

Building Business Acumen and Strategic Financial Skills in the Oil and Gas Industry........................................21

Energy Finance and Economic Analysis........................................................................................................................22

Energy Value Chain............................................................................................................................................................23

Finance and Capital Investment Analysis for Project Managers and Technical Professionals..........................24

How to Read Your Company’s Annual Report: 10 Things to Know for the Oil and Gas Industry........................26

ASSESSMENTS AND SIMULATIONS...........................................................................................................................27 Being a Self-Aware Leader: Emotional & Social Inventory Competency (ESCI) ...................................................28

Birkman Method: Assessing Your Leadership Style and Strengths.........................................................................29

Building Your Business Acumen: Strategic Business Management via Business Simulation......................... 30

Developing Your Emotional Intelligence (EI)................................................................................................................. 31

DiSCover Your Leadership Strengths.............................................................................................................................33

Discover Your Working Genius..........................................................................................................................................34

vLeader Simulation.............................................................................................................................................................35

BUSINESS ANALYTICS/PROJECT MANAGEMENT/INFORMATION SECURITY....................................................37 Business Analytics and Data: The Evidence of Evidence-Based Management.................................................. 38

The Center for the Future of Work in the OSU Spears School of Business offers various certificate programs and customized professional development.

Table of Contents / …Continued

Business Process Improvement and Project Management.......................................................................................39

Demystifying Business Analytics and Data Science.................................................................................................. 40

Evidence-Based Management: Better Decision-Making..........................................................................................42

Information Assurance for Front-Line Employees..................................................................................................... 44

Information Assurance for Managers.............................................................................................................................45

Project Management..........................................................................................................................................................47

Understanding Business Analytics to Improve Company Performance................................................................ 48

COACHING AND CONFLICT RESOLVING...................................................................................................................50 Accountability at Work: How to Eliminate Mediocrity and Increase Productivity................................................ 51

Better Workplace Habits Equals Better Business........................................................................................................53

Crucial Communications...................................................................................................................................................54

Enhancing Employee Motivation Through Coaching..................................................................................................55

Executive Coaching for Emerging Leaders...................................................................................................................56

Manager as Conflict Resolver ........................................................................................................................................... 57

Managing Confrontations................................................................................................................................................ 58

Performance Management..............................................................................................................................................60

Using Your Talents to Lift Performance......................................................................................................................... 61

COMMUNICATION......................................................................................................................................................... 62 Becoming a Better Communicator: Introduction to Social Style and Versatility.................................................63

Compelling Public Speaking for Leaders: Presentation Skills Development........................................................64

Editing and Proofreading..................................................................................................................................................66

Executive Presence: Overcoming Fear and Building Confidence . ........................................................................... 67

Fine-Tuning Your Business Writing.................................................................................................................................69

Improving Presentation Skills: Making a Powerful Impact........................................................................................70

Networking and Building Profitable Relationships .......................................................................................................71

Professional Business Email Writing and Etiquette.....................................................................................................73

Strengthening Your Network: Enhancing Professional Relationships...................................................................74

The Center for the Future of Work in the OSU Spears School of Business offers various certificate programs and customized professional development.

Table of Contents / …Continued

Words at Work: Business Writing for Success..............................................................................................................75

CUSTOMER SERVICE....................................................................................................................................................76 Delivering Exceptional Customer Service: A Culture of Customer-First...............................................................77

Design Thinking 101: Driving Successful Customer Relationships.........................................................................79

Sales Magnetism! Lead Customers to a Decision Through Proving Your Undeniable Value.............................80

DIVERSITY AND INCLUSION.......................................................................................................................................82 Achieving Inclusion Amidst Unconscious Bias, Microaggressions, and Polarized Positions............................ 83

Inclusive Leadership: Undoing Unconscious Bias and Emphasizing Empathy.................................................... 85

INNOVATION.................................................................................................................................................................. 86 Becoming an Agile Learner...............................................................................................................................................87

Critical Thinking: Think Different and Think Better .................................................................................................... 88

LEADERSHIP................................................................................................................................................................. 90 Authentic Leadership: Know Thyself to Lead Thy Team............................................................................................ 91

Building Accountability as a Leader...............................................................................................................................92

Developing an Agile Workforce........................................................................................................................................93

Ethics 2.0: Character and Culture..................................................................................................................................94

Ethics Awareness: Managing for an Ethical Workplace.............................................................................................95

Good to Great: What’s a Leader to Do?..........................................................................................................................96

Leadership by Question.................................................................................................................................................... 98

Leading Change/Change Management.......................................................................................................................100

Leading Through Turmoil................................................................................................................................................ 101

Leading Virtually...............................................................................................................................................................102

Leading with Fairness......................................................................................................................................................103

Listening for Leaders.......................................................................................................................................................105

Off Scr!pt: Mastering the Art of Business Improv .......................................................................................................106

Organizational Behavior: A Practical Problem-Solving Approach.........................................................................107

The Center for the Future of Work in the OSU Spears School of Business offers various certificate programs and customized professional development.

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Table of Contents / …Continued

Outperforming the Competition Through Employee Engagement........................................................................108

Practicing Mindful Leadership: Cultivating Connection and Engagement.........................................................109

Servant Leadership: Serving Yourself and Others.....................................................................................................111

Shifting Gears: From Managing to Leading.................................................................................................................112

MANAGEMENT............................................................................................................................................................. 113 Accessing and Engaging Employees.............................................................................................................................114

Crafting Authentic Identities: Understanding and Appreciating Our Differences ..............................................115

From Traditionals to Generation Z: Leading Generations at Work..........................................................................116

How Effective Meetings Can Save Time and Drive Results . ..................................................................................... 117

Lessons From Mount Everest: A Manager’s Guide to Agile Decision-Making in a High-Stakes Environment.118

Managing Business Relationships and Careers..........................................................................................................119

Managing Up......................................................................................................................................................................120

Men, Women, and Gender Rules at Work.......................................................................................................................121

Navigating the Pipeline: Women in Business and Leadership...............................................................................122

Power of Influence ............................................................................................................................................................ 123

Practitioner’s Guide to Mentoring.................................................................................................................................125

Selecting Strong Talent in Your Organization.............................................................................................................126

Six Keys to Empowering Employees to Take Ownership..........................................................................................127

Succession Planning: Developing the Next Generation of Leaders......................................................................129

Supervisory Program: Leadership, Mentoring, and Coaching for Outstanding Performance..........................131

Tune-Up Your Negotiation and Persuasion Skills.......................................................................................................132

“Why” Discovery Workshop for Organizations or Teams...........................................................................................134

MARKETING. ................................................................................................................................................................135 Digital Marketing 101........................................................................................................................................................136

Marketing Magnetism! Clarify Your Unique Brand Value and Drive New Business Growth..............................137

STRATEGY....................................................................................................................................................................139 Developing the Strategic Middle Manager: The First Step Toward Organizational Renewal...........................140

The Center for the Future of Work in the OSU Spears School of Business offers various certificate programs and customized professional development.

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Table of Contents / …Continued

Growth Mindset: The Key to Strategic Development................................................................................................142

Problem Solving................................................................................................................................................................143

Strategic Management: Facilitation............................................................................................................................144

Strategic Performance: Building Culture...................................................................................................................145

Strategic Planning............................................................................................................................................................146

TEAMS. ......................................................................................................................................................................... 147 Creating an Inspiring Employee-centric Team...........................................................................................................148

Creating and Developing High-Performance Teams................................................................................................149

Psychological Safety........................................................................................................................................................150

INSTRUCTOR BIOGRAPHIES ..........................................................................................................................................151

Raj Basu, Ph.D. .......................................................................................................................................................................................152 Matthew Bowler, Ph.D. ..........................................................................................................................................................................153 James Burkman, Ph.D. .........................................................................................................................................................................154 David Carter, Ph.D. .................................................................................................................................................................................155 Goutam Chakraborty, Ph.D. .................................................................................................................................................................156 Jennifer Coonce, M.B.A.........................................................................................................................................................................157 Rachel Cox, M.S., C.P.A..........................................................................................................................................................................158 Abbey Davis, Ph.D., PHR, SHRM-CP....................................................................................................................................................159 Dursun Delen, Ph.D. ...............................................................................................................................................................................160 Rachel Domnick, M.S., C.P.A..................................................................................................................................................................161 Kyle Eastham, M.S., M.P.A......................................................................................................................................................................162 Kellie Ebert, M.B.A...................................................................................................................................................................................163 Bryan Edwards, Ph.D. ............................................................................................................................................................................164 Lindsey Greco, Ph.D. .............................................................................................................................................................................165 Toby Joplin, Ph.D., C.P.A........................................................................................................................................................................166 Maribeth Kuzmeski, Ph.D. .....................................................................................................................................................................167 Kim McCrackin, M.A................................................................................................................................................................................168 Peter Margaritis, CSP, CPA....................................................................................................................................................................169 James M. Pappas, Ph.D. .......................................................................................................................................................................170 Stephanie Phipps, Ph.D., MBA, SPHR, SHRM-SCP............................................................................................................................171 Jerry Rackley, M.B.A...............................................................................................................................................................................172 Stephanie Royce, Ph.D..........................................................................................................................................................................173 Betty J. Simkins, Ph.D............................................................................................................................................................................174 Alexis Smith Washington, Ph.D. ..........................................................................................................................................................175 Pearl Sumathi, Ed.D................................................................................................................................................................................176 Marc Tower, Ed.D..................................................................................................................................................................................... 177 Andrew L. Urich, J.D...............................................................................................................................................................................178

INDEX............................................................................................................................................................................ 179

SEMINARS BY TITLE...................................................................................................................................................181

The Center for the Future of Work in the OSU Spears School of Business offers various certificate programs and customized professional development.

ACCOUNTING AND FINANCE

Accounting, Budgeting, and Financial Reporting for Governmental Entities........................................................10

Capital Expenditures (CAPX) and Operational Expenditures (OPEX)........................................................................11

Ethics Under Pressure.......................................................................................................................................................12

Finance for Managers I......................................................................................................................................................13

Finance for Managers II.....................................................................................................................................................14

Finance for the Nonfinancial Manager . .......................................................................................................................... 16

Financial Analysis and Modeling Using Excel...............................................................................................................17

Accounting and Finance |

Accounting, Budgeting, and Financial Reporting for Governmental Entities

Rachel Domnick — Instructor of Professional Practice for the School of Accounting in the Spears School of Business at Oklahoma State University

In this seminar, you will learn about accounting and financial reporting for state and local governments. The primary focus will be on developing an understanding of what comprises the financial reporting entity as well as the financial objectives of governmental entities. You will gain an understanding of fund accounting and the various categories and types funds as well as the makeup of basic financial statements and the related financial reporting requirements. Following completion of the seminar, participants will have a basic knowledge of the objectives of the accounting and financial reporting for governmental entities, fund accounting and the various categories and types funds, the basis of accounting and measurement focus applied in governmental accounting, financial statements for governmental entities, and budgetary accounting. This seminar is sponsored by the School of Accounting and the Center for Executive and Professional Development in the Spears School of Business at Oklahoma State University. Participants earn 0.3 to 0.6 continuing education units (CEUs) upon completion of this seminar.

» KORN FERRY COMPETENCIES Drives results | Financial acumen

SEMINAR OUTLINE I. Objectives of accounting and financial reporting for governmental entities II. Overview of funds and basis of accounting III. Basic financial statements IV. Budgetary accounting

The Center for the Future of Work in the OSU Spears School of Business offers various certificate programs and customized professional development.

Accounting and Finance |

Capital Expenditures (CAPX) and Operational Expenditures (OPEX)

Dr. David Carter — Oklahoma Bankers Association Chair of Commercial Bank Management and Professor of Finance in the Spears School of Business at Oklahoma State University

This seminar is designed to help you learn about the financial aspects of roles at your organization or company. You’ll also gain a deeper understanding of finance in general.

This seminar is offered by the Department of Finance and the Center for Executive and Professional Development in the Spears School of Business at Oklahoma State University.

Participants earn up to 0.3 continuing education units (CEUs) depending on the length of the program.

» KORN FERRY COMPETENCIES Drives results | Financial acumen

SEMINAR OUTLINE

I. CAPX vs. OPEX A. Definitions of CAPEX and OPEX B. Accounting for CAPX and OPEX C. Depreciation (straight line vs. MACRS) II. Evaluating investment in CAPX A. Metrics i. Net present value (NPV) ii. Internal rate of return (IRR) iii. Payback period B. Cashflow estimation III. Incorporating risk analysis in CAPX decisions A. Sensitivity, scenario, and Monte Carlo Simulation Analysis B. Real options

The Center for the Future of Work in the OSU Spears School of Business offers various certificate programs and customized professional development.

Accounting and Finance |

Ethics Under Pressure

Rachel Cox, CPA — Instructor of Professional Practice Department of Accounting in the Spears School of Business at Oklahoma State University

Ethics is a cornerstone of effective management. Successful leaders often pride themselves on their ability to make decisions with high levels of integrity. However, forensic experts indicate that no one is immune from corrupt behavior under various levels of pressure. This highly interactive seminar will discuss what corporations and individuals can do to encourage compliance despite these influences. After completing this seminar, participants should: • Understand various ethics program orientation types • Complete a stakeholder impact analysis • Identify at least three ways corporations can effectively encourage ethical compliance in their organization

This seminar is 50 minutes. Participants can earn 1.0 hour of behavioral ethics CPE credit upon completion.

SEMINAR OUTLINE

I. Ethics in the classroom II. Ethics in the corporate world III. Ethics program orientation types IV. Universal hypernorms V. Stakeholder impact analysis

VI. Corporate values VII. Corporate culture VIII. Corporate controls IX. Practical applications

The Center for the Future of Work in the OSU Spears School of Business offers various certificate programs and customized professional development.

Accounting and Finance |

Finance for Managers I

Dr. David Carter — Oklahoma Bankers Association Chair of Commercial Bank Management and Professor of Finance in the Spears School of Business at Oklahoma State University

Finance for Managers I provides an overview of the skills and methods used in effective financial analysis and in the planning, budgeting, and control process. The material covered in this seminar will provide a good summary of the basic tools of financial analysis. Emphasis is placed on capital budgeting and how it is directly related to the goal of maximizing shareholder wealth. This seminar gives specific examples of how a company’s operations begin from individual decisions and are transformed into a larger integrated organization. You will gain a stronger appreciation of your role in contributing to the overall value of a company. Basic knowledge and understanding of financial analysis are beneficial. This seminar is sponsored by the Department of Finance and the Center for Executive and Professional Development in the Spears School of Business at Oklahoma State University. Participants earn 0.6 continuing education units (CEUs) upon completion of this seminar.

» KORN FERRY COMPETENCIES Balances stakeholders | Business insight | Financial acume | Plans and aligns

SEMINAR OUTLINE

I. Capital budgeting A. Capital budgeting decision rules, limitations, and other risks B. Time value of money C. Cash flow statements and analysis D. Illustrated case study II. Issues with capital budgeting A. Mutually exclusive projects B. Capital rationing i. Ranking projects ii. Project ranking exercise C. Cost of capital i. Market factors which determine cost of capital III. Computer evaluation of case study IV. Risk analysis

A. Scenario analysis B. Sensitivity analysis C. Simulation analysis V. Capital budgeting decisions and shareholder wealth

The Center for the Future of Work in the OSU Spears School of Business offers various certificate programs and customized professional development.

Accounting and Finance |

Finance for Managers II

Dr. David Carter — Oklahoma Bankers Association Chair of Commercial Bank Management and Professor of Finance in the Spears School of Business at Oklahoma State University

Finance for Managers II provides an overview of the skills and methods used in effective financial analysis and in the planning, budgeting, and control process. The material covered will provide a summary of the basic tools of financial analysis. The seminar addresses three central functions of financial management: capital bud - geting, working capital management and financial planning. You will work through case studies and examples illustrating the central principles of financial management, thereby gaining a better understanding of your role in contributing to the overall value of the company. The two-day seminar is designed for a broad range of employee levels, including sales personnel and line managers. Company input is crucial in selecting topics, coverage, and meaningful examples. This seminar is sponsored by the Department of Finance and the Center for Executive and Professional Development in the Spears School of Business at Oklahoma State University. Participants earn 1.2 continuing education units (CEUs) in this two-day seminar upon completion of the seminar.

» KORN FERRY COMPETENCIES Balances stakeholders | Business insight | Financial acumen | Plans and aligns

SEMINAR OUTLINE

ii. Examining risk factors III. Working capital management

I. Tools

A. Financial statements B. Ratio analysis C. Time value relationships D. Risk and return trade-offs presented by business decisions E. Participant activities F. Financing projected growth G. Evaluation of a lease vs. buy decision II. Capital budgeting A. Creating shareholder value through capital budgeting decisions B. Determinants of the cost of capital C. Size, timing, and certainty of projected cash flows D. Project evaluation E. Participant activities i. Constructing projected cash flows

IV. Financial planning

A. Constructing pro forma financial statements B. Cash flow break-even point C. What if analysis D. Participant activities E. Cash budgeting i. External financing sources

The Center for the Future of Work in the OSU Spears School of Business offers various certificate programs and customized professional development.

Accounting and Finance for Energy |

Finance for Managers II / …Continued

SEMINAR OUTLINE I. Tools

A. Cash conversion cycle B. Effective cost of credit C. Accounts receivables and inventory management D. Risk and return trade-offs presented by working capital management decisions E. Participant activity i. Decision to change trade credit terms IV. Financial planning A. Constructing pro forma financial statements B. Cash flow break-even point C. What if analysis D. Participant activities E. Cash budgeting i. External financing sources

The Center for the Future of Work in the OSU Spears School of Business offers various certificate programs and customized professional development.

Accounting and Finance |

Finance for the Nonfinancial Manager

Dr. David Carter — Oklahoma Bankers Association Chair of Commercial Bank Management and Professor of Finance in the Spears School of Business at Oklahoma State University

Productivity in the business world is ultimately measured in numbers—dollars and cents. Individuals with administrative responsibility and those moving into such positions need a solid understanding of their com- panies’ finance functions to develop an effective working relationship with finance professionals. This seminar will give you a better understanding of the basic language of business—finance. Finance for the Nonfinancial Manager, which assumes no previous knowledge of accounting or finance, empha - sizes open discussion of realistic case problems. It is designed and arranged so you can be directly involved in the analysis of the cases. This seminar is sponsored by the Department of Finance and the Center for Executive and Professional Development in the Spears School of Business at Oklahoma State University. Participants earn 0.4 to 0.6 con- tinuing education units (CEUs) upon completion of this seminar.

» KORN FERRY COMPETENCIES Business insight | Financial acumen | Nimble learning | Self-development

SEMINAR OUTLINE I. Introduction

III. Cash flows, profits, and expenses of a business A. Cash flow cycle B. Cash budget C. Pro forma income statement D. Po forma balance sheet IV. Special topics: A. Overview of specific company’s financial trends B. Capital budgeting case study: Project X i. Projecting cash flows ii. Capital structure iii. Cost of capita iv. Project valuation

A. Overview of business activities from the financial perspective B. Role of finance within the firm C. Responsibilities of a financial manager II. The financial condition of a business A. Explanation of basic financial statements i. Balance sheet ii. Income statement B. Financial statement analysis i. Basic types of financial ratios ii. Computation and interpretation of financial ratios iii. Types of ratio analysis iv. The DuPont system of financial analysis v. Limitations of ratio analysis

The Center for the Future of Work in the OSU Spears School of Business offers various certificate programs and customized professional development.

Accounting and Finance |

Financial Analysis and Modeling Using Excel

Dr. David Carter — Oklahoma Bankers Association Chair of Commercial Bank Management and Professor of Finance in the Spears School of Business at Oklahoma State University

Excel is a powerful and flexible tool that can be used to build complex models to analyze the effects of a firm’s financial decisions. A properly built Excel model can ask a variety of “what if” questions: What if expenses are greater than expected? How does this affect our bottom line?” Excel has a large number of analytical tools that can be used to investigate a variety of financial and business opportunities. Business and technical professionals are often called upon to analyze the effects of financially based deci - sions, often without a formal financial background in Excel model building or the use of Excel as a financial decision-making tool. This in-depth and practical three-day seminar will focus on financial model building and analysis using Excel. At the end, participants will be able to build models to generate pro forma (projected) financial statements and evaluate proposed capital investment projects. Delegates will also be able to use Excel to perform optimization and write simple user-defined functions.

This training will benefit your organization by giving participants greater knowledge of Excel as a financial decision-making tool. The trainer will conduct dynamic and resourceful training that you do not want to miss.

This seminar is sponsored by the Department of Finance and the Center for Executive and Professional Development in the Spears School of Business at Oklahoma State University. It qualifies for continuing edu - cation credit for licensed professional engineers and also professional development hours for other disciplines.

» KORN FERRY COMPETENCIES Business insight | Financial acumen | Nimble learning | Self-development

SEMINAR OUTLINE I. Review of financial statements II. Analyzing financial performance III. External financing needed (EFN ) IV. Financial statement modeling V. Discounted cash flow analysis

IX. Capital budgeting under risk A. Part 1 Sensitivity and Scenario Analysis B. Part 2: Monte Carlo Simulation Analysis X. Excel add-ins XI. User defined functions

VI. What-if analysis using Excel VII. Capital budgeting metrics VIII. Cash flow estimation for capital budgeting model building

The Center for the Future of Work in the OSU Spears School of Business offers various certificate programs and customized professional development.

ACCOUNTING AND FINANCE FOR ENERGY

Advanced and Expert Strategies in Oil and Gas Finance...........................................................................................19

Building Business Acumen and Strategic Financial Skills in the Oil and Gas Industry........................................21

Energy Finance and Economic Analysis.......................................................................................................................22

Energy Value Chain...........................................................................................................................................................23

Finance and Capital Investment Analysis for Project Managers and Technical Professionals.........................24

How to Read Your Company’s Annual Report: 10 Things to Know for the Oil and Gas Industry.......................26

Accounting and Finance for Energy |

Advanced and Expert Strategies in Oil and Gas Finance

Dr. Betty J. Simkins — The Williams Companies Professor of Business and Department Head of Finance in the Spears School of Business at Oklahoma State University

Finance and accounting are two of the core management functions in all organizations. The maximization of financial resources is a key factor for success. However, in the challenging oil and gas industry, the rapid changes in geopolitics and economic conditions have brought forth many more risk factors in the competitive landscape. These factors have caused the industry to be one of the world’s most challenging and complex business environments. Risk identification and financial management need to be grounded in timely, accurate forecasts and perfor - mance data. Leaders in the oil and gas industry must be equipped with wide-ranging knowledge in finance and accounting to achieve strategic planning and decision-making. This three-day seminar will give you the expertise to assist in achieving long-term success to enhance your company’s competitive performance. The seminar is taught in a highly interactive manner with an emphasis on participant questions and inquiry. Dr. Simkins offers considerable flexibility in exploring some topics further than planned while de-emphasizing other topics if the group prefers. Practical applications and mini-cases are used along with participant exercises. You will receive Energy Finance and Economics: Analysis and Valuation, Risk Management, and the Future of Energy edited and co-authored Dr. Simkins. This seminar is sponsored by the Department of Finance and the Center for Executive and Professional Development in the Spears School of Business at Oklahoma State University. Participants earn 3.0 continuing education units (CEUs) upon completion of this seminar. » KORN FERRY COMPETENCIES Business insight | Directs work | Ensures accountability | Financial acumen | Instills trust | Organizational savvy | Strategic mindset | Optimizes work processes

Continued on next page…

The Center for the Future of Work in the OSU Spears School of Business offers various certificate programs and customized professional development.

Accounting and Finance for Energy |

Advanced and Expert Strategies in Oil And Gas Finance / …Continued

SEMINAR OUTLINE Day 1 I. Budgeting and forecasting strategies in the oil and gas industry A. Laying the foundation: Global energy outlook, supply and demand balance brought about by a rapidly changing world B. How oil and gas companies differ from other industries and key issues in oil and gas accounting and finance C. Unconventional oil and gas D. Part 1: Analysis of international oil companies financial statements Day 2 II. Optimizing budget models and capital investment analysis A. Part 2: Analysis of international oil companies financial statements B. Competitive benchmarking C. Capital budgeting and risk analysis in the oil and gas industry D. Case study applications and open discussion of crucial issues Day 3 III. Advanced capital budgeting and risk analysis and expert issues about derivatives and risk management in the oil and gas industry A. Advanced capital budgeting and risk analysis in the oil and gas industry B. Case study applications and open discussion of crucial issues related to advanced capital budgeting and risk analysis C. Current issues about derivatives and risk management in the oil and gas industry D. Advanced topics in hedging and risk management

The Center for the Future of Work in the OSU Spears School of Business offers various certificate programs and customized professional development.

Accounting and Finance for Energy |

Building Business Acumen and Strategic Financial Skills in the Oil and Gas Industry

Dr. Betty J. Simkins — The Williams Companies Professor of Business and Department Head of Finance in the Spears School of Business at Oklahoma State University

Energy professionals are expected to make financially based decisions and focus on value creation in the oil and gas industry. However, this can be challenging without understanding the essential tools to make strategic decisions. This four-hour seminar is uniquely tailored for oil and gas professionals to focus on understanding key financial measures. The objectives are to master financial essentials in this complex industry presented in the company’s financial statements. Learning objectives: • Gain a comprehensive introduction to the industry’s competitive landscape • Understand the importance of the financial statements to all employees of the company • Develop business acumen by analyzing the financial statements and understand how they demonstrate operational excellence and can highlight areas for improvement • Understand the importance of your own role in the company’s financial success This seminar is sponsored by the Department of Finance and the Center for Executive and Professional Development in the Spears School of Business at Oklahoma State University. Participants earn 0.4 continuing education units (CEUs) upon completion of this seminar. » KORN FERRY COMPETENCIES Business insight | Drives vision and purpose | Financial acumen | Optimizes work processes | Organizational savvy | Self-development

SEMINAR OUTLINE I. Introduction and overview

II. Analyzing oil and gas company annual reports and competitive benchmarking A. Comprehensive measures: ROA, ROE, Debt/Equity, EBITDA, Cash flow, etc. B. Upstream measures: Key energy ratios to measure upstream performance C. Midstream measures: Performance statistics for midstream, frac spread, etc. D. Downstream: Refining performance measures including the crack spread, refining margins, etc. [Optional] III. Case study applications

The Center for the Future of Work in the OSU Spears School of Business offers various certificate programs and customized professional development.

Accounting and Finance for Energy |

Energy Finance and Economic Analysis

Dr. Betty J. Simkins — The Williams Companies Professor of Business and Department Head of Finance in the Spears School of Business at Oklahoma State University

In this two-day seminar, you will learn about the energy industry and be better prepared to understand and handle decision-making using leading tools and techniques. The primary focus of the seminar is on the oil and gas industry. You will gain a working vocabulary of industry-related concepts and terminology. The seminar content will be based on lectures and case studies. The seminar will prepare you for interaction with financial professionals in the energy industry. We will analyze several case studies about actual companies operating in the energy industry. Case studies are unusual in that for some situations, there may be no fixed right or wrong answers. An answer that can be justified based on sound assumptions and factual information can be viewed as correct. A supposedly right answer that is not justified or backed up might as well be wrong. This seminar is sponsored by the Department of Finance and the Center for Executive and Professional Development in the Spears School of Business at Oklahoma State University. Participants earn 1.2 continuing education units (CEUs) upon completion of the seminar. » KORN FERRY COMPETENCIES Decision quality | Drives vision and purpose | Ensures accountability | Financial acumen | Instills trust | Manages complexity | Optimizes work processes | Organizational savvy

SEMINAR OUTLINE

I. Introduction to the oil and gas industry II. Outlook for energy: A view to 2030 III. Key economic issues IV. Accounting standards for oil and gas V. Analyzing petroleum company financial statements A. Basic financial statements B. Computing energy reserve replacement ratios

VI. Competitive comparisons and benchmarking VII. Capital budgeting and risk analysis in the oil and gas industry VIII. Relative valuation of an IPO and an acquisition

C. Computing energy cost ratios D. Understanding SEC and FASB disclosures and how they impact analysis

The Center for the Future of Work in the OSU Spears School of Business offers various certificate programs and customized professional development.

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