MScEcon Petroleum, Energy Economics and Finance

Aberdeen

 

INTAKE: September

Program Overview

The MScEcon Petroleum, Energy Economics and Finance program offered by the University of Aberdeen is a specialized program that equips students with a deep understanding of the complex interplay between economics, finance, and the energy industry. This program is meticulously designed to prepare graduates for leadership roles in the energy sector, particularly in the areas of energy economics, financial management, and strategic decision-making.

  1. Comprehensive Curriculum: The curriculum covers a wide range of topics, including energy markets, commodity pricing, risk management, and financial analysis. Students delve into the intricate economic factors shaping the energy sector, enabling them to make informed decisions and predictions.

  2. Energy Industry Insights: The program provides students with a holistic view of the energy industry, including oil, gas, renewable energy, and their global implications. This interdisciplinary approach helps students understand the dynamic nature of energy markets.

  3. Financial Expertise: Through specialized courses, students gain a strong foundation in finance, investment, and financial modeling. This enables graduates to effectively manage financial challenges specific to the energy sector.

  4. Real-world Applications: Students are exposed to real-world case studies and simulations, allowing them to apply theoretical knowledge to practical situations. This prepares them to tackle the complexities of the energy industry with confidence.

  5. Industry Connections: The University of Aberdeen has established strong ties with energy companies, financial institutions, and government bodies. These connections provide students with networking opportunities, internships, and insights into industry trends.

Pollster Education

Location

Aberdeen

Pollster Education

Score

IELTS 6.5

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Tuition Fee

£ 27000

Postgraduate Entry Requirements: 

  • Academic Qualifications: A minimum of 60% or equivalent in the bachelor's degree from a recognized university or institution.
  • English Language Proficiency: 
    • IELTS: Overall score of 6.5 or higher with no band less than 6.0.
    • TOEFL: Minimum score of 90 on the internet-based test (iBT) or 570 on the paper-based test (PBT).
    • PTE: Overall score of 62 with minimum 59 in each.

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.

These scholarships aim to recognize academic excellence, promote diversity, and assist students in pursuing their education at the university.

  1. Aberdeen Global Scholarships: The Aberdeen Global Scholarships are merit-based awards available to international undergraduate and postgraduate students. These scholarships provide a tuition fee discount of up to £8,000, depending on the academic qualifications and achievements of the students.
  2. Chevening Scholarships: The University of Aberdeen is a proud partner of the UK government's Chevening Scholarship program. These scholarships are awarded to outstanding students from Chevening-eligible countries and cover tuition fees, living expenses, and other allowances.
  3. Commonwealth Scholarships: The university participates in the Commonwealth Scholarship and Fellowship Plan, offering scholarships to students from Commonwealth countries. These scholarships cover full tuition fees, living expenses, and travel costs.
  4. Country-Specific Scholarships: The University of Aberdeen offers various scholarships that are specific to certain countries or regions. These scholarships may be funded by governments, organizations, or donors from those countries and aim to support students from those regions in pursuing their education at the university.
  5. External Scholarships: In addition to university-specific scholarships, international students at the University of Aberdeen can explore external scholarship opportunities. These scholarships are offered by organizations, foundations, and governments outside the university and can provide financial support for tuition fees, living expenses, and research projects.
  6. Postgraduate Research Scholarships: The university offers several scholarships for international students pursuing research-based postgraduate degrees. These scholarships cover tuition fees and provide a stipend to support living expenses during the research program.

It is important to note that the availability and specific details of scholarships may vary each year.

Graduates of the MScEcon Petroleum, Energy Economics and Finance program are well-prepared to embark on a variety of rewarding career paths in the energy sector and beyond.

  1. Energy Economist: Analyzing market trends, supply and demand dynamics, and policy changes to provide insights on energy pricing and market behavior.

  2. Financial Analyst: Evaluating investment opportunities, assessing risk, and providing financial strategies tailored to the energy industry.

  3. Energy Consultant: Advising companies on strategic decisions, regulatory compliance, and market entry strategies in the energy sector.

  4. Risk Manager: Identifying and mitigating financial and operational risks inherent in the energy industry.

  5. Energy Policy Analyst: Contributing to policy development by assessing the economic impact of energy policies and regulations.

  6. Corporate Finance Manager: Overseeing financial operations, budgeting, and strategic planning within energy companies.


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