Teaching and assessment for International Energy Management MSc

Explore financial accounting to develop a basis to enter management decision making processes which involve the final accounts of an organisation.

Acquire a critical understanding of the complexities of business finance and the issues business managers in the energy and extractive industries are required to consider in the decision-making process.

This module will introduce the economic principles relevant to the energy sector. It will provide an overview of the tools typically used in performing economic analysis in the energy sector.

This is a practical module in which you will learn evaluation techniques and financial concepts such as discounted cash flow, internal rate of return and payback period, which are applied to realistic scenarios, leading to the preparation of spreadsheets, their analysis, and interpretation of results.

This module examines the economics of the oil and gas value chain to support decision making, including exploration and production (including licensing and taxation), transportation, refining, and marketing. It also covers the dynamics of oil and gas prices and their impact on the economy, and methods for monetising natural gas.

This module will give you the opportunity of applying in the workplace, the knowledge and skills learned throughout your programme of studies.

It would also allow you to reflect on how concepts have been contextualised to suit an organisation’s peculiar circumstances.

This module explores the theories and methods of economic regulation for tariff setting in network and regulated industries, e.g. electricity and gas transmission, distribution networks, and pipelines. It also analyses the economics of low carbon technologies such as renewable energy, e.g. wind and solar, electric vehicles, and hydrogen.

In this module, you will first cover key international relations theories. Secondly, you will look at case studies relating to international relations and energy disputes.

This will cover:

• Sino-Japanese political and energy disputes
• the Iran Nuclear Crisis
• the EU energy security policy
• the US energy policy
• Geopolitics and Central Asia

This module covers the theories and tools used in commodity trading and risk management for energy and resource industries. It explores the financial theories and modelling techniques both in physical and financial markets, options pricing, real options valuation of physical assets, and risk management in the energy and mining industries.

You will learn about essential analytical tools. You will also develop a critical understanding of climate change and environmental issues. You will learn how these issues relate to global energy use and supply. You will see how they relate to policy instruments dealing with climate change mitigation and adaptation.