Register

Search

and / or

Advanced Search

Related Programmes

Did you study here?

Write a short review & help students like you! Over 1,500 students already shared their experience.

Share your study experience now

Stay up-to-date?

Receive relevant New and Updated programmes: personal updates!

PU_Light.jpg

Energy Management – (M.Sc.)

University of Stirling

Department of Economics
Application Deadline: 31 August (applications may be considered after this date)
Annual Tuition Fee: ≈ € 5,500 ≈ € 12,000 (non-EEA)
Location: Stirling / United Kingdom / View location on map ▾ Hide location on map ▴
Duration: 12 months Start Date: September
Educational Form:
  • Taught
Education Variants:
  • Fulltime
Languages: English 
-3.92682,56.149261

Location of University of Stirling

This MSc develops the knowledge and analytical skills needed to equip students for a successful career in the energy sector, in terms of energy policy analysis, energy management and energy planning. Energy security, energy prices and the environmental impacts of energy supply and use – including links to climate change problems – are key aspects of the global environment at present, and will become more pressing in the future. This programme is aimed at students from a variety of backgrounds, including students with no previous training in economics or finance.

On completing the programme, you should have a good knowledge of how economic analysis can help understand problems related to energy supply and use; be able to analyse alternative energy policy options in terms of benefits and costs; have a good understanding of world energy markets; understand the links between climate change policy and be able to analyse the risks associated with energy options. You should also have acquired the skills needed to structure, analyse and evaluate energy-related problems.

The programme is offered by Economics. Stirling has a longstanding, recognised expertise in teaching, research and practice in this area. Senior personnel from a variety of institutions in the UK and abroad in the energy, financial and international policy sectors are invited to give talks to the class.


Contents

Structure and content

You take four taught modules in the autumn from September to December and four more taught modules in the spring from February to May. Then you write a dissertation in the summer, from June to August.

Autumn semester modules:

* Energy and Resource Economics: The main economic theories of the management of non-renewable and renewable resources; valuation of external effects of energy use; alternative ways of modelling energy and resource use; the place of energy and resource use within sustainable development strategies.

* Environmental Economics: The application of economic theory and methodologies to the better understanding of environmental problems and improving the design of environmental policy.

* Financial Economics: Financial instruments and how they are traded; the key tools used by financial economists; the major topics in financial economics including portfolio theory, diversification and mean variance analysis; asset-pricing models, efficient market hypothesis, and market anomalies; the pricing of bonds, stocks, and other financial instruments.

* Quantitative Methods in Finance: The statistical and computing skills necessary to understand fully and perform modern financial analysis.

Spring semester modules:

* The Economics of Climate Change: The main economic arguments that help explain why human-induced climate change has arisen; estimation of damage costs from climate change; evaluation of climate change mitigation options; problems of international cooperation on climate change policy; distributional implications of climate change and climate change policy.

* Energy Markets and Policy: The function of the major markets for energy: oil, coal, natural gas, electricity, and alternative/renewable energy in a national and international context; the technological structure and parameters of energy supply and use; forecasting supply or demand for energy; the environmental issues related to energy use and consumption; the effect on energy markets of national and international environmental policy.

* Seminar on Energy Management: This will include presentations by visiting speakers from the UK energy industry, regulatory authorities and NGOs. The students will learn how to write and present policy briefs.

* Management Research Methods: How, creatively, to design and carry out elements of research and development projects, thereby acquiring skills needed for realistic production of an appropriate dissertation and for subsequent postgraduate life roles.

DissertationIn the summer you complete a dissertation on a topic approved by the Programme Director.

Delivery and assessment

Modules are taught by a combination of lectures and small group teaching, in the form of seminars or computing labs. Assessment typically includes coursework, presentations and an end-of-semester examination. Re-sit examinations are available.

Timetable

Contact the School for information on your timetable and reading lists.

IELTS

You are normally required to take an English Proficiency Test.

Most European Universities recognise the IELTS test.

Take test

GRE® revised General Test

GRE Scores are accepted at business schools worldwide. Learn more and register.

Register Now! GRE beacon

Requirements

Entrance requirements

A lower second class Honours degree from a UK university, or an equivalent qualification. The qualification need not be in Economics: most subjects are acceptable. Applicants with lower qualifications or special circumstances are also considered if they have relevant work experience.

English language requirements If English is not your first language, you must provide evidence of your proficiency such as a minimum IELTS score of 6 (minimum 5.5 in each skill), or TOEFL: Listening 21, Reading 22, Speaking 23, Writing 21.

Language Proficiency

IELTS Band: 6.0

Accreditation

In the most recent Research Assessment Exercise (RAE), 15 percent of research in Economics at Stirling was rated as ‘World-leading’ and a further 45 percent as ‘Internationally Excellent’.


MastersPortal.eu - Finds the Masters for you!
 

Portals

Erasmus Mundus

Erasmus Mundus is a scholarship and co-operation programme in the field of higher education which promotes the European Union as a centre of excellence in learning around the world.

Read the article

Why Europe?

Why would you study your Master's abroad? Why in Europe, and, why not? Globalisation is ongoing, the world is your backyard. A new world of study options becomes available!

Read the article

Overseas

Institutes Overseas

anywhere