• For Entry: January | September
  • Duration: 12 months
  • School: Social Sciences
  • Study Mode: Full Time

This course is aimed at those who seek to establish or further their careers in the power, oil and gas, mining and alternative energy industries.

TEF Gold - Teaching Excellence Framework

The energy industries, which include power, oil and gas, mining and renewable energy, are among the few that are growing worldwide, as the transition to a low carbon economy gathers pace.  Demand will be high for managers with specific knowledge of these industries and the new challenges they face, such as decommissioning, IT impacts or regulated pricing. Our course aims to equip those who see promise and opportunity for themselves in this rapidly changing set of businesses.

Funded Places Available

The University of Dundee is pleased to offer a limited number of fully-funded places to eligible students for this course. This is an initiative from the Scottish Funding Council (SFC) designed to support key sectors in the Scottish economy to develop a high-level skills base.

Only those UK/EU students who have been resident in Scotland or the EU for the preceding three years and not for the purposes of study are eligible for this funding.

The Centre for Energy, Petroleum and Mineral Law and Policy (CEPMLP) is one of the few centres in UK universities with the background and specialist skills to offer such a course.  Over the past few years it has been high successful in developing its teaching, research and industry contacts in management.  Courses are designed in conjunction with industry specialists and industry related learning is a core element of all courses in the Centre.

The course aims are to develop the required knowledge, skills and other attributes (KSAs) that employers in the energy industries consider essential for managers to pursue their career ambitions.  Participants will learn about the fundamentals of different energy industries, generic and sector specific management KSAs through classroom and work-based learning, which is facilitated by specialist academics and industry specialists. 

Who should study this course?

This course suits graduates in any discipline who wish to widen their subject knowledge and career aspirations in the energy industries world-wide.  The course is open to full time, part time and flexible learners.

Teaching Excellence Framework (TEF)

The University of Dundee has been given a Gold award – the highest possible rating – in the 2017 Teaching Excellence Framework (TEF).

Read more about the Teaching Excellence Framework

TEF Gold - Teaching Excellence Framework

How you will be taught

Modules start at the beginning of the academic session in September.

The course is taught predominantly in a student centred manner through seminars, workshops and work-based individual and group learning.  This includes web-supported learning for full-time and part-time students. 

How you will be assessed

Each module is assessed through coursework, typically a research paper or project, and a final examination.  It is also assessed by a individual business project.

 

What you will study

Our MSc is made up of a total of 180 credits

Core business and management

The following modules must be completed (60 Credits)

Credits:20

Overview

The aim of this module is to develop the student’s critical understanding and application of models, approaches and tools for the management of complex energy and natural resources. The module examines the behaviours, contemporary influences and dilemmas within the practice of management in knowledge intensive organisations.

Module leader

Professor Graeme Martin

Dr Brian Howieson

Dr Evangelia Fragouli

Credits: 10

Overview

The principal aim of this course is to give an appropriate understanding of the published accounts of a company and their underlying principles, 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.

Credits: 20

Overview

The aims of the module are to introduce the economic principles relevant for the energy sector, and to highlight some of the most challenging economic issues facing the global energy complex. The intended learning outcome of the module is an understanding of how economic analysis informs the national and international debates on energy sector issues, and how economics research affects energy sector decisions made by industry or government. The module is designed for an interdisciplinary audience. It is delivered through lectures and virtual direction. It is assessed through class participation, a research paper, and an examination. A familiarity with microeconomics principles or numerical techniques is not required but would be helpful.

Module leader

Dr Rafael (Manny) Macatangay

Credits: 10

Overview

This module will introduce students to the complexities of business finance and aim to give them an understanding of the basic financial 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 and the effective management of working capital requirements. The module is designed to give students an appreciation of issues of this nature 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.

Module leader

Mr Donald MacLeod

Core specialist

60 credits from

Credit rating: 20

The aim of this module is to provide students with a critical and reflective orientation to the deep understanding of complex approaches to strategic management and organisational analysis. The module will develop a critical appreciation of core concepts and essential strategic and organisational management tools for understanding data and analysing decisions. Students will acquire the analytic skills needed to accomplish, defend and critique a strategic business analysis.

Credits:20

Overview

Downstream energy law and policy is concerned with the structure and regulation of gas and electricity markets. With the advent of liberalisation, most gas and electricity markets have become semi-competitive. There are regulatory structures to control entry to the market. There are rules on how the producers / generators interact with the suppliers – either bilateral markets or pools. There are rules for producers / generators which get special treatment – frequently state-owned companies and renewable generators. There are measures to control security of supply. There are measures dealing with pass through of costs – and attempts to ensure that the consumer price does not reach unacceptable levels.

The course looks at regulatory structures – the role of government; the role of the independent regulator; the role of the market operator and the transmission system operator. The course looks at the options for structuring liberalised and semi-competitive markets. It looks at measures to reduce investment risks for additional capacity. It recognises that the position of capacity short markets is different from that of markets with capacity excess – even if in the long term, both ultimately want the same thing…cheap and reliable delivery of the commodity.

Module leader

Stephen Dow

Credits: 20

Overview

The aim of this module is to equip students with the economic, technical, and institutional knowledge for understanding the working of the international petroleum industry and to develop students’ capacity in analyzing the economic and policy problems associated with international oil and gas markets. The module is organized along the petroleum product value chain, such as exploration and development, production, refining and marketing, and natural gas monetization. By completing this module, students should have the knowledge and understanding of demand, supply and price dynamics of oil, gas and refined petroleum products and the skills to analyze trends and issues in oil and gas markets and to evaluate petroleum projects, contracts, and policies. The module is designed for an interdisciplinary audience and will not require a background in economics.

Module leader

Dr Xiaoyi (Shawn) Mu

Credits: 20

Overview

This main aim of the module is to introduce students to the rational for and methods of economic regulation in energy and infrastructure industries, such as the rate-of-return regulation, price-cap regulation and franchise bidding; the issues related to regulation and deregulation; and the reasons for and pathways of restructuring of energy industries. It draws upon recent theoretical and empirical advances in public economics and industrial organization, and is intended to provide students with an analytical framework for regulatory and public policy analysis and a rigorous foundation for further study.

Module leader

Dr Xiaoyi (Shawn) Mu

Credits: 20

Overview

Module aims:

  • to develop an understanding of renewable energy resources and the numerous technologies that converts it into useful forms
  • to develop an understanding of the economic issues of renewable energy research, development and deployment at both private and commercial scale
  • to develop an understanding of government and industry policies to encourage the deployment of renewable energy production and use

Module leader

Dr Ariel Bergmann

Credits: 20

Overview

The aims of the module are to convey an economic and institutional knowledge of the electric power sector, and to develop the capacity for analysing the economic and policy issues of the electric power sector. The intended learning outcomes of the module are an understanding of the workings of the electric power industry and its economic fundamentals; and the skills to evaluate power system resources and their implications for competition or regulation. The module is designed for an interdisciplinary audience. It is delivered through lectures, problem sets, and virtual direction. It is assessed through the problem sets, an essay, and an examination. A familiarity with microeconomics principles or numerical techniques is not required but would be helpful.

Module leader

Dr Rafael (Manny) Macatangay

Electives

Sufficient modules from the academic timetable to bring the total number of credits to 180

Compulsory choice

20 credits from

Credits: 20

Overview

The project report contributes to the achievement of the aims of the Masters degree, by:

  • promoting a deep and critical understanding of specific issues to the specialisation of the student
  • developing originality of thought and the skills of research, analysis, argumentation and expression
  • building upon, developing and integrating the knowledge and skills acquired in taught modules

The project report should be approximately 8000 words.

Credits: 20

Overview

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.

Students who choose this option 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.

The internship requires an intellectual report of approximately 5000 words.

Graduates should be able to enter the energy industries as management trainees. Existing managers completing this course will have enhanced knowledge and skills in management.

This programme is designed for graduates with a good first degree, who aspire to work in the Energy industries. To gain admission to the programme, students are expected to hold a good honours degree or equivalent. Applications will also be welcomed from people with substantial managerial experience in the energy industries or cognate industries who do not hold an honours degree or equivalent. In these cases, applicants would have to be prepared to undergo accreditation of prior experience and learning, typically through an interview.

 EU and International qualifications


English Language Requirement

IELTS Overall 6.5
Listening 6.0
Reading 6.0
Writing 6.0
Speaking 6.0

 Equivalent grades from other test providers

 

English Language Programmes

We offer Pre-Sessional and Foundation Programme(s) throughout the year. These are designed to prepare you for university study in the UK when you have not yet met the language requirements for direct entry onto a degree programme.

 Discover our English Language Programmes

The fees you pay will depend on your fee status. Your fee status is determined by us using the information you provide on your application.

 Find out more about fee status

Fee statusFees for students starting academic year 2018-19
Scottish and EU students £17,950 per year of study
See our scholarships for UK/EU applicants
Rest of UK students £17,950 per year of study
See our scholarships for UK/EU applicants
Overseas students (non-EU) £17,950 per year of study
This programme is eligible for our Global Excellence Scholarship
Fee statusFees for students starting academic year 2019-20
Scottish and EU students £7,300 per year of study
See our scholarships for UK/EU applicants
Rest of UK students £7,300 per year of study
See our scholarships for UK/EU applicants
Overseas students (non-EU) £17,275 per year of study
See our scholarships for International applicants

Additional costs

You may incur additional costs in the course of your education at the University over and above tuition fees in an academic year.

Examples of additional costs:

One off costOngoing costIncidental cost
Graduation feeStudio feeField trips

*these are examples only and are not exhaustive.

Additional costs:

  • may be mandatory or optional expenses
  • may be one off, ongoing or incidental charges and certain costs may be payable annually for each year of your programme of study
  • vary depending on your programme of study
  • are payable by you and are non-refundable and non-transferable

Unfortunately, failure to pay additional costs may result in limitations on your student experience.

For additional costs specific to your course please speak to our Enquiry Team.

Petroleum Technology Development Fund scholarship available (dependent on eligibility)

You apply for this course via the UCAS Postgraduate website which is free of charge. You can check the progress of your application online and you can also make multiple applications.

You'll need to upload relevant documents as part of your application. Please read the how to apply page before you apply to find out about what you'll need.

  Degree Course code
Apply nowManaging in the Energy Industries MScP051354

Course Contact

Dr Rafael Macatangay
Centre for Energy, Petroleum and Mineral Law and Policy
r.e.a.macatangay@dundee.ac.uk
+44 (0)1382 386798