Welcome to the Full-Time M.Sc. and Diploma in Energy Studies with Specialisation in Energy and the Environment
The M.Sc. programme is designed for economists and non-economists who wish to gain and understanding of the economics of the international petroleum and energy industries. It is suitable for those aspiring to be analysts and advisers in the economic, commercial and financial aspects of the petroleum and energy industries.
Structure
The M.Sc. is made up of 200 credits as follows:
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60 |
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60 |
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40 |
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40 |
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200 |
The associated Diploma is made up of the Induction Programme plus an additional 120 module credits.
To find out everything you need to know about the programme, please click on the headings above. Additional useful information about the M.Sc. can be found using the links in the table below:
Programme |
Finance |
Other |
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Compulsory Modules
Energy Economics the Issues (20 credits)
The main aim is to equip the students with an understanding of how economic analysis can help inform and understand energy issues. This requires the students to be familiar both with the relevant economic analysis and technical dimensions of energy. In addition the course enables the student to become familiar with current issues in the industry.
Energy Economics the Tools (20 credits)
The main aim is to equip the students with an understanding of how economic analysis can help inform and understand energy issues. This requires the students to be familiar both with the relevant economic analysis and technical dimensions of energy. In addition the course enables the student to become familiar with current issues in the industry.
Induction Programme (20 credits)
The Induction Programme provides students with vital knowledge and skills before they embark of the main components of CEPMLP's taught Masters and Diploma programmes. CEPMLP students have a wide range of academic and professional backgrounds and the Induction Programme provides each student with a basic introduction to all the main disciplines included in the degrees programmes, namely law, economics, finance and geology. It also provides training in research methods.
Core Modules
Candidates should choose a minimum of 60 modules from the list below:
EC Energy, Environmental and Natural Resources Law and Policy (20 credits)
The principal aim of the course is to provide an introduction to the main law and policy issues relating to the energy sector of the EC. An introduction to EC institutions, its legal system and its procedures and origins is provided, with particular reference to energy issues. Particular emphasis is placed upon the policy of increasing energy integration among the 27 Member States, known as the Internal Energy Market, and the possible lessons it may yield for liberalisation in other parts of the world (in addressing problems such as stranded costs, unbundling and third party access, for example). The EU external policy towards non-member countries is also considered as is the growing role of environmental policy in fields such as renewable energy and climate change. The approach does not presuppose any previous knowledge of EC law on the part of the student, but this would be an advantage.
Energy, Environment and Sustainable Development - Economics and Policy Issues (20 credits)
The aim of this course is to help students to understand: the interactions between energy, environment and the climate; economic and other instruments to deal with energy-environment problems; the role of energy in achieving sustainable development; policy issues and options related to energy, environment, climate change and sustainable development. The course will not require any prior knowledge of economics.
Environmental Law and Policy for Natural Resources and Energy (20 credits)
The course deals with selected issues central to understanding international and national environmental policy and law related to production and consumption of natural resources and power generation. It addresses, in particular, environmental problems arising in connection with production and transportation of petroleum (both on-land and offshore), mining activities, use of nuclear energy, including production of uranium and disposal of radioactive wastes, and use of fossil fuels, including transboundary air pollution and global climate effects. A special emphasis is placed on the solutions for environmental problems provided by various national regulatory systems, in particular British and North American.
Quantitative Methods for Energy Economists I (10 credits)
The main objective of this course is to help students to understand quantitative methods, and forecasting tools currently utilized in the energy industry. The module will give a basic introductory overview, and practical applications of the basic quantitative theories, and methodologies utilized in forecasting.
Recommended Elective Modules
Candidates are advised to choose additional modules from what is available on the academic timetable subject to any restrictions that may apply.
Together with the core and compulsory modules above, excluding the Induction Programme they should add up to 140 for the M.Sc. or 120 credits for the Diploma.
M.Sc. Candidates
In addition to the Induction Programme plus the core and elective modules, M.Sc. candidates are required to complete an additional 40 credits as follows:
The Dissertation: Candidates are required to write a Dissertation of up to 15,000 words on a topic approved by an academic supervisor.
or
An Internship: Candidates are required to source an organisation willing to offer a 3-month work placement, approved by an academic supervisor. The Internship includes the submission of a written report as part of the assessment.
or
An extended PhD Proposal: Candidates who propose to follow up the M.Sc. with a PhD may, with the approval of an academic supervisor, submit a 10,000 word PhD proposal in lieu of the Dissertation.
