About the Center/ Vision mission

Purpose of establishment

  • To train energy trader and financial expert combined with international capability for Northeast Asia oil hub and activating oil trading
  • Brain tower for successful settlement of Northeast Asia oil hub

Center project details

Center organization

    • UNIST Interdisciplinary Business School
    • Center for International Energy Trading
    vr1
    hr1
    • Projects
    • Human resource training project
    • Research support project
    vr1
    vr2
    hr1
    • Purpose
    • Energy trading and finance Global education hub
    • Northeast Asia oil hub trading activation research
    vr1
    vr2
    hr1
    • Details

    • Globalization of education

      Specialization of curriculum

      Institutionalization of program

      hr1
      hr2
      hr3
      vr1

    • Oil hub trading activation and research support

      Perform research of Energy market analysis

      Promote construction of oil industry research agency

      hr1
      hr2
      hr3
      vr1
    vr1
    vr2
    hr1

Project operation details

Projects Project details

Human resource training project

Energy trading and finance Global education hub
  • Globalization of education
    • International experts and co-operating team configuration, trading and financial co-education
    • Trading (UNIST ECTFE + SMU + Platts/Argus + London ICE): invite international specialized trainers and consultants
    • Finance (UNIST ECTFE + CASS Business School + SMU): invite internationally elite specialized faculties
  • Specialization of curriculum
    • Training energy trader project agency of Ministry of Trade, Industry & Energy
    • Attract Bloomberg/Thomson-Reuters education program to be only located in the metropolitan area, and operate a global energy market analysis program
  • Institutionalization of program
    • UETC (tentative name: UNIST Energy Trading Certification) award and promoting upgrade as national official certificate
    • Joint certificate/degree with international institution

Research support project

Activate oil trading
Global joint-research
  • Oil trading activation Support research
    • Develop gas standard price of Northeast Asia (UNIST + City of Ulsan)
      Develop UNIST Commodity Index (UNIST + Platts/Argus)
    • Hold international seminar and conference about international energy oil market
  • Perform energy market analysis and research ability
    • Operate global energy market analysis lab (dealing room) by associating with Bloomberg/Thomson-Reuters
  • Promote construction of oil industry research society
    • KNOC (Korea National Oil Corporation) + UNIST + promote industry-academic joint research group based on Korea Energy Economics Institute
01) ECTFE
Energy Commodity Trading & Financial Engineering. Energy Commodity trading specialized degree program operating by UNIST
02) SMU
Singapore Management University. Operate international Trading Institute.
Concluded MOU with UNIST ECTFE course.
03) Platts/Argus
The world’s No. 1/2 oil pricing agency. Prepare industry analysis reports, distribute consultant.
04) ICE
Intercontinental Exchange, the world’s largest energy commodity exchange located in London, operate ICE Education Course.
05) CASS Business School
School of City University London operates Energy, Trade & Finance courses.
Concluded MOU with UNIST ECTFE course.
06) Bloomberg/Thomson-Reuters,
the world’s top two companies providing financial news and information

Vision mission

Vision

  • Global hub in Oil research and education

Mission

  • Build successful oil hub
  • Establish international global oil network
  • Enhance international status of energy specialized research center
  • Train specialized oil trader

Background of establishment and Necessity

Background of establishment

  • Building ‘Northeast Asia Oil hub’ in Ulsan and Yeosu (reference: 2014.3.13. Chosun Ilbo 『The world’s 4th largest ‘oil hub’ will be built in Ulsan and Yeosu』)
  • Human resource training for trading & finance industry due to Northeast Asia Oil hub project and increased necessity for research support

Necessity

  • Building ‘Northeast Asia Oil hub’ in Ulsan and Yeosu (reference: 2014.3.13. Chosun Ilbo 『The world’s 4th largest ‘oil hub’ will be built in Ulsan and Yeosu』)
  • Human resource training for trading & finance industry due to Northeast Asia Oil hub project and increased necessity for research support

Purpose of establishment

Purpose of establishment

  • Energy trading and finance specialized training combined with international capability for Northeast Asia oil hub oil trading and vitalization
  • Brain tower for successful settlement of Northeast Asia oil hub

Among world’s top 3 oil hubs

  • 유럽 ARA지역

    Europe ARA region

    CASS BUSINESS SCHOOL

    Energy, Trade & Finance Program

  • singapore

    Singapore

    singapore management university

    international trading institute

  • korea

    Korea

    unist

    center for international
    energy trading

  • US Gulf Coast

    US Gulf Coast

    university of texas at austin

    center for energy finance
    education&research