International Energy Studies and
Energy Economics MSc
Develop your understanding of the economic and policy issues facing the international energy sector
Learn about the multiple and complex challenges facing the energy industry, such as decarbonization, wide scale digitization, and decentralization.
Technological change and government initiatives in the energy industries are creating new products, markets, and business models. University of Dundee will prepare students to work confidently in these new environments.
Students will study the economic principles relevant to the energy sector and gain an understanding of the essential concepts and frameworks central to its operation and expansion, their economic implications, and the basic economic tools for analyzing them.
Students will learn to analyze, synthesize, and articulate concepts and practices relevant to the energy industry. They will understand the fundamental drivers of various energy markets, such as oil, gas, and electric power. They'll acquire foundational and contextual knowledge and skills in management, through classroom and work-based learning, and coaching from specialist academics or senior industry professionals.
Teaching
We use a variety of teaching methods including lecture and group work.
We offer a wide range of elective modules, which gives you the opportunity to customise your study, including:
- business
- management
- legal
- economics
- policy issues in the energy industries world wide
There is also a wide range of extracurricular activities, such as:
- our visiting speaker series
- intensive master classes
- workshops
- seminars
This helps you to engage with experts from industry, government, consultancy, law firms, or academia on timely and topical issues affecting global energy.
Assessment
For each module, there is an assessment mix typically consisting of
- quizzes
- projects
- research papers
- mid-term or final exams
There is also a choice between an internship report and a business project.
Core Modules
These modules are an essential part of your course.
- Analytical Tools for Energy Economics (CP51003)
- Contemporary Issues in Energy Economics and Sustainable Development (CP52002)
Optional Modules
You need to choose one or more of these modules as part of your course.
- Managing People and Organisations (BU51024)
- Strategic Management & Organisational Analysis (BU52031)
- Project Management Processes (BU52032)
- Leadership and Decision Making (BU52033)
- Stakeholder Management and Business Ethics (BU52034)
- Project Report (CP50051)
- Downstream Energy Law and Policy (CP51002)
- Financial and Project Analysis of Natural Resources and Energy Ventures (CP51004)
- International Petroleum Law and Policy (CP51005)
- International Law of Natural Resources and Energy (CP51007)
- Petroleum Policy and Economics (CP51009)
- Internship Paper (CP51012)
- National and Comparative Oil and Gas Law (CP51039)
- Energy and Climate Science, Policy and Litigation (CP51043)
- Just Transition to a Net-Zero Economy (CP51044)
- Sustainability and the Just Transition for the Mining Sector (CP51045)
- Transnational Law of Sustainable Development and Environment (CP52003)
- Legal Framework for International Project Finance (CP52007)
- International Relations and Energy and Natural Resources (CP52008)
- Mineral and Petroleum Taxation (CP52009)
- "The Law and Governance of Mining and Critical Minerals Value Chains: A Sustainability Perspective (CP52010)
- Mineral Resources Policy and Economics (CP52022)
- Oil and Gas Law - Commercial Contracts Matrix (CP52059)
- The Political Economy of Climate Change and Environment (CP52061)
- Transatlantic Negotiation Simulation Exercise (CP52064)
- International Energy Arbitration: Practical Exercises (CP52065)
- International Law and Energy Disputes (CP52066)
- Electricity Policy and Economics (CP52071)
- Commodity Trading and Risk Management in Energy and Mining Industries (CP52073)
- Principles of Sustainability (CP52075)
- Climate and Environmental Economics and Policy (CP53003)
- Corporate Governance (LW51007)
- Environmental Regulation (LW51115)
- International Investment Law (LW51146)
- Competition Law (LW52005)
- International Human Rights: Law, Theory & Practice (LW52022)
- International Taxation Law (LW52135)
Careers
for International Energy Studies and Energy Economics MSc
Dundee's alumni have gone on to work in areas such as, international or national energy companies, finance, consulting, and government, or non-government organisations
Some notable examples include:
- Shell
- Total
- Maersk
- Phillips 66
- CNPC
- Sinopec
- CNOOC
- Pemex
- Petronas
- Pertamina
- NNPC
- GNPC
- Deloitte
- IHS Markit
- PwC
- Wood Mackenzie
- Black Rock
Entry requirements
Graduate Entry
An honours degree in Law, Economics, Finance, Geology, Petroleum, or Mining Engineering at lower second class or above
Consideration will also be given to applicants with other academic backgrounds who explain clearly their motivation for undertaking the relevant LLM, outlining any relevant legal work experience
Consideration will also be given to applicants with other academic backgrounds who explain clearly their motivation for undertaking the relevant LLM, outlining any relevant legal work experience
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