Energy Trading and Risk Management (ETRM)

Energy - More important than ever right now!

Some economists say that the GDP of a country is directly proportional to its energy consumption. The global population is predicated to reach nearly 10 billion people by 2050. This will put high requirements on the demand for energy globally, requirements for leaner and more efficient supply chains, a push towards a diversified energy portfolio mix and stricter environmental and regulatory control. The impact would be a spurge in need for specialists having deep domain knowledge within the energy space to help our precious blue planet face some of its biggest energy challenges and hopefully help us transition into the "new-energy" age.

Course Overview:

The course is specifically designed to impart you with the fundamental concepts to thrive and succeed in banking, commodity and energy companies and get your foor in the door of the world of ETRM - Energy Trading and Risk Management. I have attempted to simplify and break down complex concepts into easy digestible pieces to ensure maximum learning is transitioned to you,  in an entertaining manner.

The focused cheat sheets will help you solidify your learnings. The wide range of questions in the form of quizzes  (multiple choice questions) will assist in consolidating your knowledge. Lastly, I talk to industry professionals from a wide range of backgrounds within energy and upload them in the form of podcasts. You get access to those as well in this course.

So come, join hands with me and let's partner together to understand the intricacies and dynamics of the ETRM industry. I wish you all the luck in the world and hope you clear it in the first attempt :)

What you get with the course:

• All the fundamental core concepts you need when involved in the ETRM industry

• 250+ Practice Quiz Questions -  aligned to the GARP - ERP paper pattern

• 7 previous years GARP Practice Papers

• Formulas with working Excel Spreadsheets - better grasp how they work when variables are changed.

• Consolidated links to important learning materials available online - all required help in one place.

• One Stop Shop for all your ETRM Queries - via other participants on this course who passed the exam and myself of course

• Access to Energy Podcasts within the course - Meet the professionals from various backgrounds.

• 100+ Must Know Fundamental Terminologies - speak like an Energy Risk Professional

Core concepts covered in this course:

ERP - Part 1 - Physicals

• Hedging, Speculation and Arbitrage

• Risks involved in energy trading

• Crude Oil Value Chain

• What the hell is "Dated Brent" ?

• Natural Gas Value Chain

• Power Value Chain

• Power Trading - Calculating the clearing price

• Coal Value Chain

• Price Reporting Agencies

• Agro Value Chain (Bonus)

• 122 practice questions for ERP - Part 1

ERP - Part 2 - Financials

• Forwards and Futures

• Energy Commodity Options

• Black Scholes Option Pricing

• Costless Collar Hedging Strategies

• The Brent Complex and Brent CFD

• Cross Hedging Strategies

• Energy Swaps

• Valuation of Energy Swaps

• Energy Exchanges and Trade Mechanisms

• Exchange Futures for Physicals (EFPs)

• PnL, VaR and CFaR

• 142 practice questions for ERP - Part 2

Post registering, click on the "resources" button provided by Udemy under each lecture to open the cheat sheets, presentation and ready made excel formula sheets for you to leverage.

Course Disclaimer:

1. This is a beginner level course and not designed for advanced industry experts. However, post registering, you get access to our community of over 400+ Energy Professionals. You can leverage this community for interactions or advance queries through this platform.

2. Sometimes the audio volume tends to get low (my apologies in advance). I urge you to use headphones and after that, it should be perfectly audible. In case you still face issues, just drop me a mail and I will assist you on the same.

3. Honest and transparent participant feedback on the Udemy course platform. You may probably not find this anywhere else on the internet.

4. Note - the closest certificate available to demonstrate competency in the ETRM industry, used to be the GARP - ERP exam. However, the exam itself is discontinued from GARP. At the same time, the ETRM industry continues to thrive and in my view is going to witness strong growth over the next decade.