This highly-distinctive, 1-year Masters Petroleum, Energy Economics and Finance programme at University of Aberdeen combines the disciplined study of economic principles with a deep understanding of the dynamic, constantly evolving energy industry.
In the first semester, we will make sure that you are fully versed with the key micro and macroeconomic modelling techniques. And to make financial sense of the data, there will be time spent understanding the critical aspects of financial analysis. You will also gain an in-depth understanding of energy and petroleum economics and explore issues like the Hotelling model and oil price behaviour, the role of OPEC and the issues of global warming and renewables in an economic context.
In semester two, we ramp up your strategic thinking using game theory to demonstrate how businesses interact strategically, globally. We will help to develop your individual analytical skills and judgement surrounding energy industry investment decisions having to be made in an uncertain world.
During the summer term, you will undertake a dissertation project from a range of possible key topics in the petroleum and energy industries. Past subjects have included economic evaluation of oil and gas taxation, energy policy analysis and investments in the petroleum and energy industries.
We have had many students going through to successful, rewarding careers with a range of top employers. Let’s name drop a few:
- Aditya Birla
- Ernst & Young
- Ghanian Petroleum Commission
- Oil and Gas UK
- Palantir Solutions
- UBS Investment Bank
- UK Department of Energy and Climate Change (DECC)
- Turkish National Oil Corporation
- Wood Group
The list really does go on. And so does the number of posts our past students have successfully applied for. Here’s a small selection:
- Energy and Business Consultant
- Strategy Analyst
- Market Analyst
- Commercial Analyst
- Economist, Project Manager
- Oil and Gas Associate
- Introduction to Energy & Petroleum Economics
- Introduction to Corporate Finance for Energy
- Economic Analysis for Energy
- Quantitative Methods for Energy Economics
- 12 months
Start dates & application deadlines
- Apply before , International
DisciplinesEconomics Sustainable Energy View 440 other Masters in Economics in United Kingdom
- The minimum entry requirement for this programme is a degree at 2:1 (upper second class) UK Honours level (or a degree from a non-UK institution which is judged by the University to be of equivalent worth), with a strong background in quantitative methods.
- If you have a GMAT score, please provide that information, as this will enhance your application. We may use GMAT as a condition of offer in some cases.
- You will be required to supply the following documentation with your application as proof you meet the entry requirements of this degree programme.
- Degree Transcript
- Personal Statement
International17900 GBP/yearTuition FeeBased on the original amount of 17900 GBP per year and a duration of 12 months.
EU/EEA8300 GBP/yearTuition FeeBased on the original amount of 8300 GBP per year and a duration of 12 months.
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.