Short Courses and Conferences
Economic Evaluation and Investment Decision Methods
Multiple Sessions are Offered
Mr. John M. Stermole
John M. Stermole has been with Investment Evaluations Corporation since 1984, currently serving as President and previously as a Director. He received a B.S.B.A. in Finance from the University of Denver and an M.S. in Mineral Economics from the Colorado School of Mines.
In addition to co-authoring the textbook titled Economic Evaluation and Investment Decision Methods, now in the 14th Edition (2014), publications by John include:
- Mining Royalties, A Global Study of Their Impact on Investors, Government, and Civil Society, The International Bank for Reconstruction and Development, The World Bank, 2006
- The Global Mining Taxation Comparative Study, The Institute for Global Resources Policy and Management, Colorado School of Mines, 1997
- The Business of Petroleum Exploration, American Association of Petroleum Geologists (AAPG), 1992 and re-printed in 1993
John is an Associate Teaching Professor at Colorado School of Mines, teaching in the Division of Economics and Business (Mineral Economics) and the Division of Chemical and Biological Engineering. Courses titled "Engineering Economics" and "Economic Evaluation and Investment Decision Methods" are presented to junior, senior, and graduate level students. From 1996 through 2010 and again in 2012, graduating seniors recognized John as one of the "Outstanding Faculty Members" at Colorado School of Mines. In 1997 John was appointed as a Fellow to the Institute for Global Resources Policy and Management at the Colorado School of Mines where his work focused on modeling mining taxation sensitivity in over 20 countries. From 1998 through 2005, John also taught this subject matter as an Adjunct Professor at the University of Denver, Sturm College of Law, in their Natural Resource and Environmental Law Graduate Program.
John gained nearly four years of industry experience at Lowdermilk Construction Co. (also Tectonic Construction), applying the concepts of engineering economics to heavy construction projects including state and interstate highway projects, oil shale mine site development, and equipment repair and replacement analyses.
Since 1986, John has presented the professional development course titled "Economic Evaluation and Investment Decision Methods" more than 475 times to students from private and public companies, government agencies, and various institutions.
Mr. Andrew H. Pederson
Andrew Pederson has been with Investment Evaluations Corporation since March of 2010. In 2007 he received his B.A. in Economics from Pacific Lutheran University, and he earned a Masters degree in Taxation from Denver University in the College of Law in 2012.
Andy served as an Adjunct Professor in the Division of Economics and Business teaching Engineering Economics to undergraduate students at Colorado School of Mines (CSM) from 2012 through 2015. Andy is scheduled to work for the school again in 2016 in the same capacity. In 2011 Andy served as a Teaching Assistant for the academic courses taught in the Division of Economics and Business and in the Division of Chemical and Biological Engineering at CSM. As an Adjunct Professor, Andy lectured and worked in course development and assisting students in building their understanding of the concepts presented in class. More than 400 combined undergraduate and graduate students take this course every year.
While working with Investment Evaluations Corporation, Andy has lectured in the Colorado School of Mines public short courses, as well as for in-house courses for numerous companies. During those courses he provided lecture and addressed questions during problem solving. Andy is also responsible for website support, course management, and revision work leading in part to the 14th Edition of the course textbook.
Prior to working for Investment Evaluations Corporation, Andy worked for the YMCA of Pierce and Kitsap Counties where he gained management and budgeting experience while managing a branch, writing the budget, and developing and teaching programs for adults as well as running youth development programs for inner city youth.