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Building the Next Generation of Utility Rate Experts

Rutgers School of Business–Camden (RSBC), in partnership with the New Jersey Board of Public Utilities (NJBPU), is launching a Utility Rates Certificate Program, a new academic and fellowship opportunity preparing students for careers in utility regulation and energy policy.

Offered through RSBC’s Professional and Executive Education at Rutgers (PEER) unit, which supports lifelong learning for individuals and delivers programs that are designed to meet them at many points along their career continuum, this Utility Rate Management program fulfills the growing need for rate making professionals in the increasingly complex industry.

“This partnership is another milestone for New Jersey’s energy future,” said NJBPU President Christine Guhl-Sadovy. “Protecting customers and modernizing our grid requires deep expertise in ratemaking — and this program will ensure we have the talent to meet that challenge for decades to come.”

More Information about the Program

Dean Monica Adya reinforced, “At RSBC, we believe education should not just inform but transform. This partnership with the New Jersey Board of Public Utilities gives our students a rare opportunity to step into a high-impact field where their work will directly shape how millions of New Jerseyans experience essential services. Programs like the Utility Rates Certificate are exactly how we turn academic potential into workforce-ready expertise.”

Dr. Richard Michelfelder, industry veteran and Professor of Professional Practice in Finance, notes, “As a professional utility participant, this program rigorously covers every aspect for the development of just, fair, reasonable rates involved with the regulated electricity, natural gas, water, and wastewater utilities. It also addresses the current and futures challenges of the industry, many of which converges toward sustainability.”  

Program Overview

The one-year, skill-based program consists of foundational coursework in economics and finance complemented with skill-based modules that address the multiple aspects involved with utility rate making. Students will build expertise in:

  • Utility rate design
  • Revenue requirements and cost‑of‑service analysis
  • Regulatory and energy policy
  • Practical application through fellowships, including six paid fellowships sponsored through the partnership
Certificate program scholarships are available.
leadership

Curriculum of Non-Credit Certificate *

  1. Macroeconomics
  2. Microeconomics
  3. Financing Structures in the Utility Industry
  4. Public Utility Industry and Regulation
  5. Revenue Requirements
  6. Rate Base
  7. Rate of Return
  8. Rate Design/Cost of Services
  9. Special Topics

*Students who successfully complete this program can apply for up to 6 credits of waivers towards RSBC’s MBA or MSBA programs.

Ideal Students

In a job landscape characterized by uncertainty, working for a stable public entity offers the quiet assurance of a career anchored in mission‑driven continuity rather than market volatility. This program is ideal for:
  • Utility industry professionals with a desire to build careers in rate making
  • Early and mid-career professionals working in Accounting, Finance, and Law in industries outside of utilities
  • Full and part-time undergraduate and graduate students in Accounting, Finance, and Law

Career Pathways for Students

Graduates of the program will be prepared for careers across:
  • State and federal regulatory agencies
  • Electric and gas utilities
  • Consulting firms
  • Consumer and public interest organizations
By connecting rigorous academics with applied learning, the Utility Rates Certificate Program strengthens Rutgers–Camden’s role as a pipeline for public‑service‑oriented business and policy professionals—while supporting New Jersey’s energy and affordability goals.
More Information about the Program

Contact Us

Dr. Peter McAliney

Director, PEER

pm878@camden.rutgers.edu

227 Penn St.
Camden, NJ 08102

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BLDP Executive Shadowing Application v2

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If I am chosen and matched with an executive, I will follow through and prepare a one-page report giving honest feedback about the experience. The written summary is due by the start of the next semester. By typing my name in the box to the right I am offering my digital signature in lieu of my handwritten signature.

After the shadowing event, I will write a personal thank you letter to the executive and copy Dr. Kaufman-Scarborough and Ms. Bridget Britton for their records. By typing my name in the box to the right I am offering my digital signature in lieu of my handwritten signature.

After notified of a match, students are responsible for providing personal information to the matched executive (e.g., current resume and cover letter with information on career ambitions). The information on this application is for internal use only, for us to match you as well as possible with and executive from among our alumni database.

BLDP Application

The Spring 2023 Application is now open! 

Priority will be given to applications received by November 18. Applications are accepted until all seats are filled. Space is limited, so apply early!

The seminar application process is our gateway for entry into the program. Upon acceptance into BLDP, students will be emailed their acceptance letter plus a special permission number allowing registration for the BLDP seminar.

Requirements

Seminar applications are solicited each semester and require the following:

  1. Completed application form (at the bottom of this page),
  2. For students with GPA 3.0 – 3.49, two (2) letters of recommendation (one academic; one other)

Rutgers-Camden students are invited to apply to apply for enrollment in the BLDP seminar. All applicants are expected to meet both of the following selection criteria:  (1) have sophomore standing or above and (2) have an overall GPA of 3.0 or above. First-semester transfer students will be evaluated based on their GPA earned at Rutgers. Students who fail to meet these admission criteria may still be allowed to apply for (and possibly enroll in) the BLDP seminar, but they will be evaluated on a case-by-case basis.

The director balances evaluations to make final decisions on people accepted for the seminar (up to a maximum of 15-20 each semester).

Students who are admitted to the BDLP are required to adopt the BLDP Code of Conduct. A signed contract is required from each student.

Students may count activities toward “leadership units” that were initiated prior to taking a seminar, as long as those activities occured primarily during their enrollment in their academic program.

Application for Admission to BLDP Seminar

Applications for the BLDP Seminar will be ongoing until class is filled.

BLDP Program Application

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  • If you need to submit two reference letters, please email them to ldrshp@camden.rutgers.edu. Ideally, you should receive one letter from an academic source (e.g., a former or current instructor), and one from a business source (e.g., a former employer - even if for a part-time or volunteer position).

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    Thank you.