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Energy Management, M.Sc.

  • Application Deadline
  • 24 months
The innovative and multidisciplinary Master program in Energy Management: International Governance and Business from the Nord University Business School and MGIMO University in Moscow provides graduates with excellent skills in the energy business, deep understanding of the undergoing energy transition and competences for energy industry of today and tomorrow.


This Master of Science program is based on international cooperation between Nord University Business School (Norway) and its partner university MGIMO (Moscow State University of International Relations) in Russia.

The program aims to broaden candidate¿s understanding of energy governance and business, sustainable development and green transition across the world. New professionals need to understand the complexities of the efficient use and management of fossil and renewable natural resources. There is also need to understand interests and constraints of multiple stakeholders ¿ governments, companies and contractors, capital markets, and NGOs. Energy policies, resources, exploration, and extraction in the Arctic, cooperation between energy companies and governments, electricity generation, climate policy, systems and tools of energy management, circular economy, and corporate social responsibility are some of the subjects that are studied as part of the master program.

We aim to give you a comprehensive understanding of the economic, governance and institutional issues and methods relevant to energy management and sustainable development. It will help you to develop proficiency in the constructive use of theories of business and management and will give you an essential toolkit for analysing business and energy-related problems. With escalating demand and constraints on supplies of energy, fluctuating energy prices, regulatory pressures to reduce carbon emissions and a dynamic geopolitical situation, there is an increasing need for professionals in the energy field of today and tomorrow.

In the first semester of the study program, compulsory subjects will be completed, which will provide students with broad knowledge within economics, with advanced knowledge of theoretical perspectives and models within the fields of change management, strategic analysis, valuation and profitability analysis, and research methodology. The subjects develop skills to critically evaluate established theories, models, information and its sources, and the ability to illuminate business-economic business situations and issues with ethical principles.

The second semester brings more advanced theoretical knowledge in business and energy management topics. Both global and Norwegian contexts will be a continual theme throughout the semester, accompanied by issues such as world energy markets, energy policies, geopolitics, and governance. Also, some significant issues of circular economy related to the energy industry will be covered. The courses are offered at Nord University Business School, campus Bodø. Students from MGIMO University in Moscow, Russia take courses in Bodø, Norway together with the programs local students.

The third semester aims for the students to acquire, expand and integrate more in-depth knowledge and skills in theory and methodology. Various class activities will be organized to improve the students¿ knowledge of the international environment of the energy industry, the management of energy resources and the international trade systems as well as master classes delivered by the representatives of leading international companies in Moscow. The third-semester courses are delivered by MGIMO University in Moscow, Russia and are joint courses for students from Nord University Business School and the MGIMO students. Some courses this semester will include an understanding of Russian business and Russias role in the global energy market.

During the fourth and final semester, the students are to write and complete their masters thesis. There are opportunities to collect empirical data and to write a master thesis in the cooperation with partner universities in Canada, Russia, and China.

Study progression requirements

The student must have completed a minimum of 45 credits from their first year of study to commence the 3rd-semester courses. Students must have successfully completed the methodology course and taken their mandatory exchange semester to commence their masters thesis.

Programme Structure

Courses include:

  • Strategic Management
  • Strategic Management and International Markets
  • Economics
  • Leadership and Ethics
  • Research Method
  • International perspectives on business and governance in the High North
  • Geopolitics and Energy
  • Energy Management - Norwegian Perspectives

Detailed Programme Facts

  • Programme intensity Full-time
    • Full-time duration 24 months
  • Credits
    120 ECTS
  • Languages
    • English
  • Delivery mode
    On Campus

English Language Requirements

You only need to take one of these language tests:

  • Minimum required score:


    The TOEFL iBT ® measures your English-language abilities in an academic setting. The test has four sections (reading, listening, speaking, and writing), each with a score range of 0-30, for a total score range of 0-120. Read more about TOEFL iBT ®.

    Schedule TOEFL®
  • Minimum required score:


    The TOEFL®PBT is administered in a paper format and measures your ability to use and understand English in a classroom setting at the college or university level. It accurately measures how well you can listen, read and write in English while performing academic tasks. Read more about TOEFL®PBT.

    Schedule TOEFL®
  • Minimum required score:


    The IELTS – or the International English Language Test System – tests your English-language abilities (writing, listening, speaking, and reading) on a scale of 1.00–9.00. The minimum IELTS score requirement refers to which Overall Band Score you received, which is your combined average score. Read more about IELTS.

    Schedule IELTS

Academic Requirements

General Requirements

  • Copies of your high school/secondary school diploma and transcripts
  • For admission to most master degree programmes and courses at Nord University, applicants require a bachelor degree or other tertiary qualifications equivalent to a Norwegian bachelor degree. Nord University will evaluate your qualifications upon application and receipt of required documentation.
  • Copies of your final diploma and transcripts from higher education.
  • Proof of English requirements.
  • Copy of passport. We require only the pages that contains your full name, date of birth and photo identification.
  • Documentation of name change (if applicable).

Tuition Fee

  • International

    Tuition Fee
    Based on the original amount of 0 EUR per year and a duration of 24 months.
  • EU/EEA

    Tuition Fee
    Based on the original amount of 0 EUR per year and a duration of 24 months.
We've labeled the tuition fee that applies to you because we think you are from and prefer over other currencies.
Semester registration fee and course literature in addition to approximately 800 Euro for a language course in Russia.

Living costs for Bodø

  • 9420 - 15000 NOK/month
    Living Costs

The living costs include the total expenses per month, covering accommodation, public transportation, utilities (electricity, internet), books and groceries.


Studyportals Tip: Students can search online for independent or external scholarships that can help fund their studies. Check the scholarships to see whether you are eligible to apply. Many scholarships are either merit-based or needs-based.

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