How can we better analyse the complex uncertainties of the energy sector?

Train in the economic principles that energy businesses and governments use to understand world energy markets. Join our part-time online MSc in Energy Economics and Finance.

You’ll graduate ready to work as an economist or consultant within the energy industry, government or the third sector.

You’ll learn how economics and finance techniques are used to guide decision-making in the industry. And you’ll explore how the industry works. Studying with our expert team of economists and energy industry partners, you’ll cover:

  • the drivers of energy demand and supply
  • how the energy sector makes investment decisions
  • how governments design and implement energy and environmental policies
  • how to gather, use and analyse energy data.

No need for a career break

This flexible online degree can be studied part-time. You decide how many credits to study for each term, controlling the pace and cost of your degree term by term.

Who can study MSc Energy Economics and Finance?

Our online Energy Economics and Finance degree is for anyone keen to understand the energy industry, how decisions are taken, and policies made.

It’s designed for energy professionals looking for a recognised path to career progression, or for anyone who wants to begin a successful career in the energy industry.

You can study this degree online with us anywhere in the world, with no need for a study visa. If you’d rather study full-time on campus, you may be interested in:

Outstanding expertise

Professor Alex Kemp OBE will be teaching you on this programme.

One of the world’s best-known energy experts, Alex has been a specialist adviser to governments and energy companies, in the UK and globally, for decades.

You’ll benefit from his unique experience, insights, and analysis of international energy markets.

Read more about Alex

By the end of this degree, you’ll be able to...

  • Analyse energy markets and trends.
  • Evaluate the profitability of energy investments.
  • Apply quantitative skills to better utilise data to inform strategic decisions.
  • Employ the global perspectives essential to professional success in this sector.
  • Critically assess energy policies of different countries.
  • Evaluate the links between energy, climate change and environmental policy.

What you’ll study

You can choose to study for a:

  • Masters (180 credits)
  • Postgraduate Diploma (120 credits)
  • Postgraduate Certificate (60 credits).

How you’ll study

MSc Energy Economics and Finance is delivered flexibly, 100% online.

Online learning

Your teaching is delivered through MyAberdeen, our online Virtual Learning Environment (VLE). It holds all the materials, tools and support you’ll need in your studies. Take a look around MyAberdeen.

You can access your learning materials on computer, smartphone and laptop, 24 hours a day. You’ll find a range of resources at your fingertips, including online access to our award-winning Sir Duncan Rice Library.

Your tutors

You’ll learn from a team of academic experts from the University of Aberdeen Business School.

Your tutors include Professor Alex Kemp, OBE. A Professor of Energy Economics, Alex is also Director of the internationally recognised Aberdeen Centre for Research in Energy Economics and Finance (ACREEF). All your tutors are members of ACREEF, and are active in research and teaching across energy economics.

As well as interacting with leading researchers in the field, you’ll benefit from direct input from our significant range of energy industry partners.

Live online webinars

Each course that’s part of this degree features eight live webinars with academic experts in energy economics. These live online webinars support your learning material. They’re central to your learning. Your participation in them will count towards your final grades.

Ahead of each live webinar, you’ll be asked to study the online materials provided, post questions to your tutor online, and undertake multiple-choice quizzes and other tasks. You may also be asked to work in small groups to prepare for some of the live sessions.

Assessment

This degree is assessed entirely online via methods including:

  • online quizzes
  • a written online assessment at the end of each course
  • your participation in live online forums and webinars (this accounts for 5% of your final grade).

Your support team

Our friendly team are here to answer any queries you have before, during and after your studies.

Where this will take you

Careers

MSc Energy Economics and Finance will prepare you for career success in energy companies, consultancy, government, and environmental or regulatory departments of energy.

Your MSc qualification will be recognised by industry and educational institutions around the world.

If you’re a professional already working in the energy sector, this degree provides a strong route to career progression.

It will also prepare you for work with governments and NGOs who need high-quality graduates with an excellent understanding of the energy sector.

You’ll graduate ready to take up roles including:

  • Commercial Analyst
  • Economist
  • Energy and Business Consultant
  • Market Analyst
  • Oil and Gas Associates
  • Project Manager
  • Strategy Analyst.

Free careers advice

We’ll help you explore your career potential and connect with job opportunities around the world.

You can access our free careers service while you study, and for up to five years after you graduate.

From interview training to CV clinics, we’re here with tailored, impartial and professional advice.

Fees and funding

The fees quoted above are based on you starting your studies with us in the 2021/22 academic year.

We have confirmed that our fees will rise by 5% for the next two academic years (2022/23 and 2023/24). The indicative fees above include this 5% fee rise.

Pay as you go

Don’t worry, you do not have to pay the full degree fee upfront.

You can pay for your degree one term at a time. This gives you a flexible way to spread the cost.

Entry requirements

MSc, PgDip, PgCert

The minimum entry requirements for this degree are:

  • a relevant honours degree with a 2:2 or above.

You’re also welcome to apply if you have:

  • other relevant qualifications, and
  • professional experience with supportive references.

Master of Science - 180 credits

You’ll work through twelve 15-credit courses to gain your MSc.

You can start your degree in January or September and progress at a pace that suits you.

Duration

Typically, it takes 24 months to complete this MSc part-time. To study part-time, we recommend you take no more than two 15-credit courses per term. You can take study breaks between courses, as long as you complete your studies within six years.

We will endeavour to make all course options available; however, these may be subject to change. Further information about potential changes can be viewed here.

Postgraduate Diploma - 120 credits

You’ll work through eight 15-credit courses to gain your PgDip.

You can start your studies in January or September and progress at a pace that suits you.

Duration

It takes a minimum of 16 months to complete the PgDip. To study part-time, we recommend you take no more than two 15-credit courses per term. You’re welcome to take a study break between courses.

Courses

When choosing your courses, please be aware of the following prerequisites:

  • Investment Analysis for Energy is a prerequisite for Advanced Corporate Finance for Energy
  • Economic Analysis for Energy Markets is a prerequisite for Business Strategy and the Energy Sector
  • Quantitative Methods for Energy Economics is a prerequisite for Data Analysis for Energy
  • Economic Analysis for Energy Markets is a prerequisite for Environmental Economics

We will endeavour to make all course options available; however, these may be subject to change. Further information about potential changes can be viewed here.

Postgraduate Certificate - 60 credits

You’ll work through four 15-credit courses to gain your PgCert.

You can start your studies in January or September and progress at a pace that suits you.

Duration

It takes a minimum of eight months to complete the PgCert. To study part-time, we recommend you take no more than two 15-credit courses per term. You’re welcome to take a study break between courses.

Courses

When choosing your courses, please be aware of the following prerequisites:

  • Investment Analysis for Energy is a prerequisite for Advanced Corporate Finance for Energy
  • Economic Analysis for Energy Markets is a prerequisite for Business Strategy and the Energy Sector
  • Quantitative Methods for Energy Economics is a prerequisite for Data Analysis for Energy
  • Economic Analysis for Energy Markets is a prerequisite for Environmental Economics

We will endeavour to make all course options available; however, these may be subject to change. Further information about potential changes can be viewed here.

Master of Science

180 credits

Indicative cost

£15,750

This indicative cost is based on 180 credits of study over two years, starting in September 2021.

Postgraduate Diploma

120 credits

Indicative cost

£10,370

This indicative cost is based on 120 credits of study over four terms, starting in September 2021.

Postgraduate Certificate

60 credits

Indicative cost

£5,120

This indicative cost is based on 30 credits of study per term, starting in September 2021.

Apply for this programme

Start month
September or January
INDICATIVE COST
£15,750

This indicative cost is based on 180 credits of study over two years, starting in September 2021.

Apply via our Applicant Portal
Added to your wishlist