MSc Energy and Economics

Our MSc Energy and Economics provides you with a detailed overview of current energy issues, enabling you to apply core tools of economic analysis to the conversion and use of energy resources. Youll learn from a cutting-edge and globally recognised syllabus, informed by the economic research carried out by Heriot-Watt University on behalf of the energy sector. Youll develop a practical and theoretical grounding in technologies and wider knowledge and skills relevant to the energy, economics, and business sectors. The industry-relevant programme will set you up for a wide range of careers, including practising engineers, economic analysts, decision-making managers, and policy makers.

During the masters programme, youll gain a broad yet details overview of energy resources conversion, the socio-economic and environmental impacts of energy-related activities and use the core tools of economic analysis, with applications to the energy sector. Youll be introduced to current energy issues and specialist engineering and economics knowledge and skills to enable you to analyse, appraise, and design energy policy, systems, and equipment. Youll develop a critical awareness of current issues in research and knowledge creation within specialist areas of the two disciplines, making you highly employable within the energy industry upon graduating.

The career-focused masters programme will develop your professional and advanced communication skills. Youll gain relevant knowledge and skills which will prepare you for a dynamic career as an energy consultant, or for a graduate job in energy economics across business, government regulation and environmental NGOs. Youll have the opportunity to choose from optional courses to customise your learning and gain additional expertise in applied economics and finance. Youll use your learned knowledge and skills to carry out an original research project at the forefront of knowledge on your chosen topic through your energy and economics dissertation.

Youll benefit from the Economics departments close links to industry-leading organisations, such as the World Bank and British Petroleum (BP), as well as wider links to the London Stock Exchange and Bloomberg. Youll have access to several key industry figures, including Spender Dale, Chief Economist at BP, who delivers guest economics lectures. Part-time option also available.

A good Honours degree (first or second class) in Mechanical Engineering, another Engineering degree, Economics, Mathematics, or a degree in another quantitative discipline.