Learn to better analyse the complex uncertainties of the energy sector.
Join our online MSc in Energy Economics and Finance and train in the economic principles that businesses and governments use to understand world energy markets.
You’ll graduate ready to work as an economist or consultant within the energy industry, government or the third sector.
You’ll learn how economics and finance techniques are used to guide decision-making in the industry. And you’ll explore how the industry works. Studying with our expert team of economists and energy industry partners, you’ll cover:
- the drivers of energy demand and supply
- how the energy sector makes investment decisions
- how governments design and implement energy and environmental policies
- how to gather, use and analyse energy data.
No need for a career break
This flexible online degree can be studied part-time. You decide how many credits to study for each term, controlling the pace and cost of your degree term by term.
Who can study MSc Energy Economics and Finance?
This online energy economics degree is for anyone keen to understand the energy industry, how decisions are taken, and policies made.
It’s designed for energy professionals looking for a recognised path to career progression, or for anyone who wants to begin a successful career in the energy industry.
You can study this degree online with us anywhere in the world, with no need for a study visa. If you’d rather study full-time on campus, you may be interested in:
Choose the University of Aberdeen for online energy economics courses
Earn as you learn
We fit around full-time work, so you can earn qualifications while you keep earning a salary.
We’re EQUIS accredited
Join a Business School that’s EFMD EQUIS accredited, placing it among a select group of globally recognised institutions.
Top 13 in the UK for Economics
We’re ranked 13th in the UK for Economics in the Guardian University Guide 2025.
Outstanding expertise
Professor Alex Kemp OBE will be teaching you on this programme.
One of the world’s best-known energy experts, Alex has been a specialist adviser to governments and energy companies, in the UK and globally, for decades.
You’ll benefit from his unique experience, insights, and analysis of international energy markets.
By the end of this degree, you’ll be able to...
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Analyse energy markets and trends.
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Evaluate the profitability of energy investments.
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Apply quantitative skills to better utilise data to inform strategic decisions.
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Employ the global perspectives essential to professional success in this sector.
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Critically assess energy policies of different countries.
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Evaluate the links between energy, climate change and environmental policy.
What you’ll study
You can choose to study for a:
- Masters (180 credits)
- Postgraduate Diploma (120 credits)
- Postgraduate Certificate (60 credits), or
- start with one of the short courses that make up this degree (15 credits).
Try our degree scheduler
Choose your courses
See all the courses that are part of this degree and choose what you want to study.
Manage your study schedule
Control the pace and cost of your degree. Decide how much you want to study each term.
Save to your wishlist
Save your schedule to your wishlist so you can view and edit anytime.
How you’ll study
Online learning
This distance-learning Energy Economics MSc is delivered flexibly, 100% online.
You can learn with us anywhere, with no need for a study visa, and manage your study hours to suit you.
Your teaching
Teaching is delivered through MyAberdeen, our online Virtual Learning Environment (VLE). It holds all the materials, tools and support you’ll need in your studies. Take a look around MyAberdeen.
You can access your learning materials on computer, smartphone and laptop, 24 hours a day. You’ll find a range of resources at your fingertips, including:
- videos
- live online webinars
- reading materials
- discussion boards with colleagues and tutors
- the online resources of our award-winning Sir Duncan Rice Library.
Your tutors
You’ll learn from a team of academic experts from the University of Aberdeen Business School.
Your tutors include Professor Alex Kemp, OBE. A Professor of Energy Economics, Alex is also Director of the internationally recognised Aberdeen Centre for Research in Energy Economics and Finance (ACREEF). All your tutors are members of ACREEF, and are active in research and teaching across energy economics.
As well as interacting with leading researchers in the field, you’ll benefit from direct input from our significant range of energy industry partners.
Live online webinars
Each course that’s part of this degree features eight live webinars with academic experts in energy economics.
You’ll have direct interaction with your tutors in these webinars, giving you a more personal learning experience. The interactive webinars are central to your learning, and your participation in them counts towards your final grades.
Ahead of webinars, you’ll be asked to study some online materials, post questions to your tutor online, and undertake multiple-choice quizzes and other tasks. You may also be asked to work in small groups to prepare for some of the live sessions.
Your support team
Our friendly team are here to answer any queries you have before, during and after your studies.
Dr Prachi Singh
Prachi is the degree coordinator. She’ll be on hand to answer questions about degree content before you start and to help you throughout your studies.
Cherie Connon
Cherie is part of the School’s postgraduate teaching support team. She’ll be there throughout your studies to answer your non-academic queries.
Get in touch
The online education team is here to answer any questions you have right now about this qualification, or about studying online.
Ask us a questionWhere this will take you
Careers
MSc Energy Economics and Finance will prepare you for career success in energy companies, consultancy, government, and environmental or regulatory departments of energy.
Your MSc qualification will be recognised by industry and educational institutions around the world.
If you’re a professional already working in the energy sector, this degree provides a strong route to career progression.
It will also prepare you for work with governments and NGOs who need high-quality graduates with an excellent understanding of the energy sector.
You’ll graduate ready to take up roles including:
- Commercial Analyst
- Economist
- Energy and Business Consultant
- Market Analyst
- Oil and Gas Associates
- Project Manager
- Strategy Analyst.
Lifelong career support
Our career support doesn’t stop when you graduate.
You have access to our free careers service while you study, and beyond.
- 1:1 appointments
- CV checks
- Interview prep
- Job opportunities
Fees and funding
Master of Science
180 credits
£19,140
This indicative cost is based on 180 credits of study over two years, starting in September 2025.
Postgraduate Diploma
120 credits
£12,600
This indicative cost is based on 120 credits of study over four terms, starting in September 2025.
Postgraduate Certificate
60 credits
£6,220
This indicative cost is based on 30 credits of study per term, starting in September 2025.
The fees quoted above are based on you starting your studies with us in the 2025/26 academic year.
Our indicative costs include a 5% fee rise each year.
Pay as you go
This is a pay-as-you-go qualification.
You do not have to pay the full tuition fee upfront.
You can spread the cost and pay as you go, term by term.
How it works
- You decide how many credits to study for each term.
- At the start of term, you pay only for the credits you’re taking that term.
- This gives you control over your costs and workload for each term of your qualification.
Your personalised cost breakdown
Use the degree scheduler to plan your studies and see your cost breakdown, term by term.
Choose the University of Aberdeen for flexible online Masters degrees
You’re in expert hands
We’ve been delivering online and distance learning for decades.
Learn anywhere
On smartphone, desktop and laptop, with no need for a student visa.
Over 525 years of excellence
You’ll graduate from the fifth-oldest university in the English-speaking world, founded in 1495.
Entry requirements
MSc, PgDip, PgCert
The minimum entry requirements for this degree are:
- a relevant honours degree with a 2:2 or above.
You’re also welcome to apply if you have:
- other relevant qualifications, and
- professional experience with supportive references.
Short course route to online MSc Energy Economics and Finance
If you do not meet these entry requirements, or are not ready to commit to a full MSc, you may be able to use our online short courses as a route into this degree.
Find out about the short course route to entryApply for this programme
- Start month
- September or January
- INDICATIVE COST
- £19,140
This indicative cost is based on 180 credits of study over two years, starting in September 2025.
Apply via our Applicant Portal
