M.Sc. (International Oil & Gas Management) 12 months full-time
This is an updated and improved programme replacing the existing "MSc in Energy Studies with Specialisation in International Oil and Gas Management".
The aim of the MSc programme is to prepare participants for managerial, advisory and academic positions in the energy sector - private sector and government. The programme aims to provide an intellectually challenging academic programme of study, which will demand of the student the ability to analyse, synthesise and evaluate key theoretical concepts and practical applications in energy with an emphasis on the economic dimensions of the subject. This will prepare participants for success in the rapidly evolving and highly competitive global business climate that characterises the energy sector.
The study context is positioned at the strategic level to reflect both the current and future work environment of the intended participants. The programme is also designed to develop self confidence and the ability to present efficient, logical answers to complex problems; to give students methodological and problem solving skills designed to assist decision making in business situations. Furthermore, the programme will facilitate discussion, debate, and analysis of business issues and problems within an international environment and develop transferable skills particularly in working with groups as well as in presentation and communication skills.
Who is it for?
This programme is designed for graduates with a good first degree, who aspire to work in the Energy sector and who have a particular interest in Oil & Gas or related sectors. To gain admission to the MSc International Oil & Gas Management programme, students are expected to hold a good honours degree or equivalent.
All modules will be delivered on the campus of the University of Dundee in face-to-face mode. Self-study makes up a considerable proportion of the student's learning experience. Formal and informal group work occurs in some modules.
Structure of the Programme
All modules will be delivered on the campus of the University of Dundee in face-to-face mode. Self-study makes up a considerable proportion of the student's learning experience. Formal and informal group work occurs in some modules.
The programme comprises:
Credits |
|
20 |
|
40 |
|
(minimum) 40 |
|
(minimum) 40 |
|
40 |
|
200 |
To find out everything you need to know about the programme, please click on the headings above. Additional useful information about the MSc can be found using the links in the table below:
Programme |
Finance |
Other |
|
||
|
||
|
||
|
|
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.
Compulsory Modules
Management in Knowledge Intensive Industries (20 credits)
This module will develop the student's critical understanding and application of models, approaches and tools for the management of complex knowledge in an organisational context. On completion of the module, the successful student will be able to demonstrate critical understanding of the business context, approaches and effective organisational behaviours underpinning the practice of management in knowledge intensive organisations.
Petroleum Policy and Economics (20 credits)
The main aim is to equip the students with an understanding of how economic analysis can help inform and understand the international oil and gas industry. This requires the students to be familiar both with the relevant economic analysis and technical dimensions of the industry. In addition the course enables the student to become familiar with current issues in the industry.
Management Option - a minimum of 40 credits from:
Business Strategy in the Extractive Industries (20 credits)
The main objective of the course is to provide an inter-disciplinary framework for the strategic analysis of firms and markets in the extractive industries. Drawing on core topics in the MBA curriculum, in particular on the Strategic Planning module, this module uses the field of corporate strategy to provide a series of opportunities for integrated analysis of strategies applied in the extractive industries.
Human Resources Management (20 credits)
This course aims to provide students with a strategic understanding and key skills in managing people in organizations. It focuses on the core human resource problems faced by all organizations, including culture change, the contribution of human resources to organizational performance and change, and the developing role of information and communication technologies (ICT), recruitment, selection and retention, human resource development and managing knowledge, motivation and performance management, compensation and rewards, the design of work, and employee relations.
Marketing (20 credits)
Acquire knowledge of current theories in marketing and understand their application to corporations in the public and private sectors in a global context.
Project Management Process (20 credits)
This module is designed to bring to students a critical awareness of the tools and techniques of project management reflecting both the project nature of the energy, petroleum and mineral industries as well as the general trend for organisations to manage-by-project in an attempt to keep their work small and manageable. The module will give students both an appreciation of the distinct nature of project work as well as an appreciation of project management tools and techniques available to project managers at the different stages of projects. The module also provides students with an appreciation of the need for a 'project leadership' versus' general management / leadership' approach.
Strategic Management & Organisational Analysis (20 credits)
This module will encourage a critical and reflexive orientation to the understanding of successful approaches to strategic management and organisational analysis and develop understanding of the requirements for effective executive and organisational analyses and decision making in an increasingly complex and uncertain business environment. The module will develop an appreciation of basic concepts and essential strategic and organisational management tools for understanding data and analysing decisions. Students will learn the analytic skills needed to accomplish, defend and critique a business analysis.
Specialist Option Modules- a minimum of 40 credits from:
Economics for Business Managers (20 credits)
The module is aimed at presenting and developing practical applications of economic theory and analytical tools to business decisions. The emphasis is on the study of the production decisions, the interaction of firms in different market structures, and the international financial market. Real world examples from the energy industries will be utilized to demonstrate the theoretical models developed in the class.
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.
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.
Financial and Project Analysis of Natural Resources and Energy Ventures (20 credits)
The main aim of this course is to introduce students into current methods of financial and project appraisal techniques that relate to natural resources and energy organisations. This is a practical course in which evaluation techniques and concepts are taught, such as discounted cash flow, internal rate of return and pay back period, which are applied to realistic scenarios, leading to the preparation of spreadsheets, their analysis and interpretation of results. The student should be able to recommend the appropriate appraisal techniques to a given business investment along with an appreciation of social and other non-financial features. Taxation and sources of finance are also introduced in this module, but any in-depth analyses of them can only be provided in other courses.
Foundation Accounting (20 credits)
The principle aim of this course is to give an appropriate understanding of the published accounts of a company and their underlying practices and processes, so that an effective contribution may be given, to the senior financial management of an organisation. Particular emphasis is given to accounts of the extractive industries.
Foundation Finance (20 credits)
This module will introduce students to the complexities of business finance and aim to give them an understanding of the issues business managers in the energy and extractive industries are required to consider in the decision-making process. All managers, in all types of organisations, have to be constantly aware of the financial implications of decisions being made, including sources and cost of finance, return on investment, management of working capital requirements and of associated business and financial risk. The module is designed to give students an appreciation of the financial management issues they will confront as managers and to give them the confidence in the understanding of finance to be able to ensure the correct financial information is available to them to allow for well informed decision making.
International Developments in Energy Policy (20 credits)
The main aim is to equip the students with an understanding of how economic analysis can help inform and understand energy policy issues. This requires the students to be familiar with the relevant economic analysis the technical dimensions of energy and the policy making process. In addition the course enables the student to become familiar with current issues in energy policy.
International Law of Natural Resources and Energy (20 credits)
The main objective of the course is to provide an introduction to the fundamental concepts and specific legal and jurisdictional issues in the field of international and transboundary natural resources. The emphasis is on ensuring a proper understanding of the existing legal mechanisms and international regimes applicable to various types of natural resources located beyond States’ jurisdiction or control.
Mineral and Petroleum Taxation (20 credits)
The main objective of the course is to provide an introduction to the main policy issues in the field of mineral and petroleum taxation and to the main instruments of taxation. The emphasis is on providing an understanding of the issues rather than teaching skills in accounting or financial analysis. These latter skills should be acquired on other courses. Neither does this course intend to make the student into a tax lawyer.
Integrative Modules - choice of 40 credits from:
Dissertation (40 credits)
The dissertation contributes to the achievement of the aims of the Masters degree namely:- to promote a deeper and critical understanding of selected areas relating to the specialisation of the student; to develop originality of thought and skills of research, analysis, argumentation and expression; to build upon, develop and integrate the knowledge and skills acquired in the taught modules.
Internship (20 credits)
The internship provides the student with the opportunity to apply in the workplace the knowledge and skills learnt at CEPMLP and to learn how professionals in the field perform their tasks.
Additional Modules to make up total requirement may be selected from PGSMP M Level Modules with Advisor of Studies approval .... view full list of module specifications.
