MSc Environmental and Natural Resource Economics

Durham City

 

INTAKE: September

Program Overview

The MSc in Environmental and Natural Resource Economics at Durham University is an interdisciplinary program that integrates economic theory with environmental science and policy-making. This course is designed for students interested in understanding the economic dimensions of environmental sustainability, climate change, and natural resource management. It equips graduates with the analytical tools needed to evaluate environmental policies, manage resources efficiently, and contribute to sustainable economic development. The program is ideal for those aspiring to work in environmental consulting, governmental agencies, NGOs, and research institutions.

Curriculum: The curriculum for this MSc program is designed to provide students with a strong foundation in both microeconomic and macroeconomic principles, alongside specialized training in environmental and natural resource economics. Core modules typically include Environmental Economics, Natural Resource Economics, Econometrics, and Policy Analysis, ensuring that students develop both theoretical knowledge and practical skills. Elective modules allow students to explore areas such as climate change economics, energy policy, sustainable development, and ecological valuation methods. The program also includes a dissertation project, enabling students to conduct independent research on a topic of their choice under expert supervision.

Research Focus: Durham University is internationally recognized for its cutting-edge research in environmental economics and policy. The MSc program is closely linked to research initiatives within the Durham Research in Economic Analysis and Mechanisms (DREAM) group, which focuses on the intersection of economics, sustainability, and public policy. Students benefit from exposure to real-world case studies, quantitative research methods, and environmental impact assessments. Research areas may include carbon pricing mechanisms, biodiversity conservation, sustainable energy transitions, and economic valuation of ecosystem services.

Industry Engagement: The MSc in Environmental and Natural Resource Economics offers strong industry engagement opportunities through collaborations with government bodies, international organizations, and environmental consultancies. Students gain access to guest lectures, industry workshops, and networking events, featuring professionals from sectors such as renewable energy, environmental finance, and policy advisory. The program also provides opportunities for internships and research collaborations with industry partners, allowing students to gain hands-on experience and build professional networks in the environmental economics sector.

Global Perspective: Durham University promotes a global approach to environmental and resource economics, ensuring students are well-equipped to address international sustainability challenges. The MSc program incorporates comparative studies of environmental policies, international climate agreements, and global resource management strategies. Additionally, Durham maintains partnerships with universities, research institutes, and organizations worldwide, providing students with opportunities to engage in international research collaborations and global policy discussions. Graduates emerge with a strong understanding of economic sustainability, resource allocation, and climate policy, making them valuable contributors to the global environmental sector.

Pollster Education

Location

Durham City

Pollster Education

Score

IELTS 6.5

Pollster Education

Tuition Fee

£ 27000

Postgraduate Entry Requirements:

  • Applicants should have successfully completed a bachelor's degree or its equivalent from a recognized institution with a minimum overall score of 60% to 70% or equivalent.
  • English language proficiency is required, and applicants must provide evidence of their English language skills through an approved language test.
    • IELTS: A minimum overall score of 6.5 with no individual component below 6.
    • TOEFL: A minimum overall score of 92, with at least 23 in Listening, Reading, Speaking, and Writing.
    • PTE Academic: A minimum overall score of 62 with no individual score below 59.
  • Some postgraduate programs may have specific subject prerequisites or additional requirements.

Students must provide:

  • academic marksheets & transcripts
  • letters of recommendation
  • a personal statement - SOP
  • passport
  • other supporting documents as required by the university.

Work experience: Some postgraduate courses may require relevant work experience in the field.

It is important to note that meeting the minimum entry requirements does not guarantee admission, as the university considers factors such as availability of places and competition for the program. Additionally, some courses may have higher entry requirements or additional selection criteria, such as interviews or portfolio submissions.

Durham University offers a range of scholarships and bursaries to both domestic and international students.

Durham University Scholarships and Bursaries: These are awarded to both undergraduate and postgraduate students based on academic excellence, financial need, or specific criteria such as subject area or country of origin.

Durham International Scholarships: These are awarded to exceptional international students who are pursuing undergraduate or postgraduate studies at the university. The scholarship covers a portion of tuition fees and is renewable for the duration of the course.

Government Scholarships: Durham University participates in a number of government scholarship programs, including the Chevening Scholarship and the Commonwealth Scholarship.

College-Specific Scholarships: Some colleges at Durham University offer scholarships and bursaries to their students, such as the Van Mildert College Music Scholarship and the St. Mary's College Travel Grant.

Departmental Scholarships: Some academic departments at Durham University offer scholarships specifically for international students. These scholarships may be discipline-specific or focused on supporting students from specific regions or countries. 

Vice-Chancellor's Scholarships: The Vice-Chancellor's Scholarships are prestigious scholarships awarded to exceptional international students across all academic disciplines. These scholarships cover the full tuition fees and provide a generous living allowance for the duration of the program. The selection process is highly competitive and based on academic merit and leadership potential.

Graduates of the MSc Environmental and Natural Resource Economics program possess valuable skills that are highly sought after in various sectors. 

Environmental Economist: Graduates can work as environmental economists, analyzing the economic impact of environmental policies and proposing sustainable solutions.

Natural Resource Manager: Graduates may pursue careers as natural resource managers, devising strategies for responsible resource utilization and conservation.

Policy Analyst: Graduates can become policy analysts, providing economic insights to governments and organizations on environmental and resource issues.

Researcher: Graduates may pursue research roles in academia, think tanks, or research institutions, contributing to the advancement of environmental economics.

Sustainability Consultant: Graduates can work as sustainability consultants, advising businesses on environmentally responsible practices.

International Development Specialist: Graduates may explore roles in international development organizations, addressing environmental challenges in developing regions.


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