Course summary
Learn to analyse and understand world energy markets. From oil and gas to renewables, prepare for career success with our expert economists on this flexible degree you can study part-time. Join our online MSc in Energy Economics and Finance and train in the economic principles that businesses and governments use to understand world energy markets. 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.
Modules
MSc Energy Economics and Finance is delivered flexibly, 100% online. 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. 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.
Assessment method
This degree is assessed entirely online via methods including: online quizzes; a written online assessment at the end of each course; and, your participation in live online forums and webinars (worth 5% of your final grade).
How to apply
International applicants
Our distance learning MSc Energy Economics and Finance is delivered flexibly online. You can learn with us anywhere, with no need for a study visa, and set your own study hours to suit you.
Entry requirements
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.
English language requirements
| Test | Grade | Additional details |
|---|---|---|
| IELTS (Academic) | 6.5 | Overall - 6.5 with: Listening - 5.5 or above; Reading - 6.0 or above; Speaking - 5.5 or above; Writing - 6.0 or above. IELTS Indicator or IELTS General Training are not accepted. |
| TOEFL (iBT) | 90 | TOEFL iBT and TOEFL iBT Home Edition: Overall - 90 with: Listening - 17 or above; Reading - 21 or above; Speaking - 20 or above; Writing - 21 or above. DI code is 0818 |
| PTE Academic | 62 | Overall - 62 with: Listening - 59 or above; Reading - 59 or above; Speaking - 59 or above; Writing - 59 or above. Online test is not accepted. |
| Institution's Own Test | Academic English Pre-sessional Programme (PSE) - Pass (valid for 1 year). Academic English Preparation Programme undertaken at other UK HEI - accredited by BALEAP and within 1 year of start of course. | |
| Cambridge English Advanced | C | Overall - 176 with: Listening - 162 or above; Reading - 162 or above; Speaking - 162 or above; Writing - 169 or above. |
To study for a postgraduate degree at the University of Aberdeen it is essential that you can speak, understand, read, and write academic English fluently. These skills will allow you to understand lectures, produce high standards of written work, and perform well in examinations. We can assess your English language proficiency through a variety of means: through your nationality, through the qualifications you gained in high school, through the degree you undertook or are undertaking at university, or through a recognised English language test. Postgraduate Higher requirements are used by the Schools of Business; Divinity, History and Philosophy; Education; Language, Literature, Music and Visual Culture; Law; and Social Sciences. The MSc in Oil and Gas Enterprise Management and the MSc in Integrated Petroleum Geoscience also make use of the Postgraduate Higher requirements. Please note certification must be within the two years prior to commencement of your degree programme, unless otherwise stated.
Please use the checklist at the following webpage to determine how you can meet our English language requirements:
https://www.abdn.ac.uk/study/international/requirements-pg-266.php
Fees and funding
Tuition fees
| Republic of Ireland | £1410 | Credit |
| EU | £1410 | Credit |
| England | £1410 | Credit |
| Northern Ireland | £1410 | Credit |
| Scotland | £1410 | Credit |
| Wales | £1410 | Credit |
| Channel Islands | £1410 | Credit |
| International | £1410 | Credit |
Additional fee information
Fees for this programme are charged per 15 credit and you only pay for the credits you want to study in the upcoming term. It's up to you how many credits you take each term, which gives you control over your costs and your workload. Taking fewer credits will increase the length of your studies. Cost per 15 credits for this degree, starting in academic year 2023-24 is £1,410. Tuition fees typically rise a little each academic year (normally around 5-9% increase).
(PgCert = 60 credits; PgDip = 120 credits; MSc = 180 credits).
Sponsorship information
The University of Aberdeen provides an Alumni Discount Scheme: The University of Aberdeen is very pleased to offer a 20% discount on postgraduate tuition fees for all alumni who have graduated with a degree from the University of Aberdeen.
Provider information
University of Aberdeen
Directorate of External Relations
King's College
Aberdeen
AB24 3FX