MSc Petroleum Energy, Economics and Finance is highly regarded for being intellectually challenging and providing career-ready credentials to help increase your employer appeal within an energy economics context. This highly-distinctive, 1-year Masters programme 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.
About this institute
Founded in 1495 by William Elphinstone, Bishop of Aberdeen and Chancellor of Scotland, the University of Aberdeen is Scotland's third oldest and the UK's fifth oldest university. William Elphinstone established King's College to train doctors, teachers and clergy for the...
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