Energy Management MBA

Energy Management, MBA

Introduction

The energy market is crucial to the global economy and is one of the most profitable industries there is. Create a competitive edge to advance your career in this high growth sector with our specialised, industry-focused MBA Energy Management.

Contact

Email
gbs@abdn.ac.uk
Phone
+44 (0)1224 273235

Key Facts

Duration
1 Year / 2 Years
Study Mode
Full Time / Part Time
Start Month
September / January
Learning Mode
On Campus Learning

Interested in this Degree?

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Overview

This programme offers depth of education and flexibility, combining finance, ops, marketing and project management skills. It develops business acumen, problem solving and strategic thinking skills, to accelerate management skills with a cultural understanding and international perspective.

We created the programme in conjunction with industry to enable people already working in the field of energy to improve, move on and move up within the sector. It might be you’re currently in a technical role, yet want to explore new challenges at higher levels or it could be that you are already supervising, managing or leading teams on projects that simply don’t stretch your abilities enough.

Or, if you’re working outside the energy industry with transferable skills and want to get into this high growth sector, you will need to understand the current challenges, financial issues and decision-making processes involved.

Our MBA in Energy Management has been designed to develop your talent further by developing both your knowledge base and the necessary skills to be able to put this knowledge into practice.

Our students focus their studies in a number of in-depth areas:

  • Business Strategy
  • Project Management
  • Business & Money
  • Value & Markets
  • The Leadership Challenge
  • Business Model Innovation
  • Managing Self & Others
  • Managing Change & Innovation
  • Supply Chain Management
  • Talking to Teams
  • Internationalisation or Energy Finance
  • Future Energies

What You'll Study

The information below applies to the 1 year full time / 2 year part time on campus learning MBA programme which runs in September and January. You will find information about other ways to study this programme in the next section on this page.

Semester 1

Introduction

Students take two semesters of core modules and one semester of elective modules.

Compulsory Courses

Business Strategy (BU5048)

Business Strategy covers a broad range of topics that come under the general heading of “Business Strategy” / “Strategic Management”. The course introduces participants to concepts, frameworks and models that are useful in providing explanations of how companies operate with respect to goal setting, understanding their competitive landscape, assessing opportunities, managing own capabilities, coordinating their activities with other companies, and competing to create value for customers. The course is interactive in nature, applying a learning-by-doing method involving students taking on roles as part of a series of simulation exercises.

Business and Money (BU5049)

The fact that money (and understanding money) really matters in business and all managers need to understand issues like cashflow and profit might depress you, but it is true. Financial viability of customers? Deciding on the likely financial viability of a project? Reporting to shareholders about performance? Does the word “sustainable” appear in a finance dictionary? All questions we will try and address.

Values and Markets (BU5050)

The Value and Markets course is designed to allow participants to investigate key theories that underpin views about marketing. On the course delegates will be introduced to different approaches, theories and techniques utilised in marketing planning and marketing management. For example, delegates will be introduced to topics including; the characteristics of buyers and buyer behaviour (decision processes and roles), the marketing mix (product, price, place, promotion), services marketing, implementation and control, relationship marketing and international marketing.

Operations and Project Management (BU5064)

​The focus of this course is not people but processes, not outside the organisation but within. Operations transform materials, information and customers to create goods and services using staff and facilities. We study process types and focus particularly on projects. We see how capacity and inventory reconcile demand and output and explore location, supply chains, quality, risk and resilience. About 40% of the course is on projects and project-management techniques. Prepare for both critical discussion of theory and application (operationalisation), including calculation.

Semester 2

Compulsory Courses

Managing Change and Innovation (BU5559)

The concepts of change and innovation have never been more topical, especially given the commercial context of fierce business competition, shorter product life cycles and more demanding customers. Increasingly, long-term commercial success is based on an ability to manage change, to act creatively and to promote innovation. These processes interconnect and overlap and often present major challenges to modern organizations. We address these issues through providing detailed case illustrations ranging from the workplace to the wider business market. Learning is encouraged through interaction, reading, investigation, video and case analysis, and critical discussion.

Business Model Innovation (BU5576)

This course is about business development and the application of new business models. Increasingly companies have to radically rethink the way they do business if they are to remain competitive. To do this organisations need to be prepared to analyse and challenge their current business models. Through a practical business development project and the analysis of case companies you will be encouraged to explore the tools, techniques and theories used by successful business developers. The course will be especially useful for those interested in strengthening their skills for identifying and evaluating business opportunities.

Managing Self and Others (BU5581)

HRM underpins all that we seek to achieve when working with other people. It includes employment law, personal skills, and the knowledge to assess what is the right approach to the many challenges that face managers every day. This course is run by tutors who have that knowledge, skill and experience. It includes fine tuning your skills in role play which extend through presentations, interviews, and negotiation to achieve success. At the end of the course you will feel confident to face the challenges of management, and convince a prospective employer of your competence and ability.

The Leadership Challenge (BU5584)

This course provides an opportunity to explore and develop an understanding of your own leadership behaviour. Through seminars, group activities and discussions we investigate how personality, past experience, current situations and culture shape the way each of us behave in a leadership role. Using this information as a starting point we then explore how different leadership theories and approaches can be used as frameworks for developing a deeper understanding of leadership behaviour. You will also have an opportunity to try out a range of practical tools and techniques to assist you in the development of your own approach to leadership.

Semester 3

Optional Courses

BU5970 or BU5962
Four courses from the following:

Talking to Teams (BU5948)

This course will help to highlight, in a variety of business and non-business contexts: i) the various real-life ways in which managers’ subtle, highly sophisticated and socially organized communicative actions have a significant impact on the perceptions and performance of the employee groups/teams they supervise and work with; and ii) what communicative methods managers can employ to more effectively relay information to, obtain feedback from, motivate, persuade and, more generally, enhance the performance of their staff teams.

Energy Finance (BU5962)

Indicative Content

Key accounting concepts,

Financial reporting,

Financial statements

Financial analysis

A framework for analysis

Accounting ratio analysis

Common size analysis

Stock market ratios

Credit ratings

Z scores

Forecasting

A framework for forecasting

Parameter estimation

Financial forecasting models

Issues in analysis

The links between the stock market and accounting

International Energy accounting issues

Future Energies (BU5963)

The aim of this Module is to provide you with a critical understanding of the complex nature of the global energy sector and to encourage students to engage in a process of multi-future thinking. You will be involved in a process of scenario development, involving mapping sector-critical challenges. The process of environmental scanning will be supported by a number of industry speakers talking about their various perspectives on the challenges facing the energy industry.

Supply Chain Management (BU5965)

The Supply Chain Management course aims to provide delegates with a broad understanding of supply chain management and how it relates to the energy industry. Completing the course participants will: Understand how supply chains can be effectively designed and controlled in a range of circumstances; be able to evaluate approaches to the management and development of the supply chain; and discuss the characteristics of contemporary supply chains and assess their contribution to organisational effectiveness.

Internationalisation (BU5970)

This course is based upon the analysis of Globalization and the process of internationalisation from comparative business and socio-economic perspectives. Students will learn about inter alia the role of large and small businesses in the contemporary international environment; transition economies and new EU member states; the process and modes of privatization; the role of supra-national organizations; cultural dimensions of international businesses; international trade; the role of social capital. To support the lecture themes, there are case studies, and written assessed assignment focusing upon the internationalization of a business.

We will endeavour to make all course options available; however, these may be subject to timetabling and other constraints. Please see our InfoHub pages for further information.

Postgraduate Open Day

Our next Open Day will be on

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How You'll Study

You will study in a contemporary environment and experience innovative teaching methods.

Our Academic team really energize the classroom, keeping students positive and helping keep you focused. So while hard work is certainly required, you are given the tools and resources to succeed.

  • The programme is delivered through lectures, workshops, role-plays and simulation exercises.
  • In all of these modes our emphasis is on action-orientated learning.
  • In short, you will learn intensive modules that are designed to give you the chance to really focus, think for yourself and interact with industry practice, issues and ideas.
  • No exams – all assessments are done by a portfolio of work-based assignment.

To get a taster of the sort of issues you will be covering, why not read Blue Ocean Strategy by W. Chan Kim and Renee Mauborge (Harvard Business School), which despite being published ten years ago, we still think has something interesting to say. The book should be a relatively quick read, taking you through a few industries where players have managed to find new, uncontested, market-spaces.
This is something that we as strategists, are interested in for a number of reasons and will be discussing across a number of the courses that make up this programme. The issue for us is how we apply this to the energy industries.

Learning Methods

  • Lectures
  • Individual Projects
  • Group Projects
  • Workshops
  • Tutorials

Assessment

  • Just like industry, we don’t run our programmes around exams – in fact there are no exams. Just intensive real-world learning that helps you gain relevant knowledge, quickly and effectively.
  • All assessments are completed by a portfolio of work-based assignments e.g. students are required to produce reports, briefing notes, presentations and reflective journals.

Why Study Energy Management?

The increasingly complex and competitive world of energy calls for talented professionals. Our industry-led MBA programme stands alone in the UK in developing the next generation. It was designed in consultation with leading industry professionals and organisations, which means that the programme is aligned to industry competencies and skills needs. In this way, you will add value to the industry and the industry will value you more in return.

In recommending where to study an MBA Energy Management, The Economist noted 'the best schools are found in the place where the energy is'. Located in the Energy Capital of Europe, the University of Aberdeen plays a major role in this industry through research, consultancy, training and development. We are ranked as a Top 3 UK University for world-leading research impact in Business and Management Studies (REF 2014).

Our MBA (Energy Management) programme is built upon such established energy-industry research and consultancy excellence. And because our staff offer programmes that relate to their research specialism, this strengthens the teaching we offer, as it’s informed, up to date and enthusiastic.

Totally focused on developing your potential and success as an energy industry professional, we match every student with an industry mentor.
Imagine the valuable insights and connections you will benefit from...consider how much of an advantage that gives you a year on, when you’re applying for posts in the industry.

By joining this programme, you will prepare to take on higher-level positions in the Energy industry:

  • DEEPEN your understanding of the key energy industry structures.
  • CONNECT you with the main functional areas of businesses.
    - overlaying this with decision-making processes.
    - revealing how these areas interact as a whole.
  • DEVELOP your critical-thinking and judgment-forming skills.
  • ENHANCE and encourage your creative and strategic thinking.
  • SHARPEN your implementation skills both as a leader and team member.
  • PROMOTE your global perspective through interaction with fellow participants and mentors from every corner of the globe.

What our Current Students Say

  • Hassan Almansour

    Hassan Almansour

    If you want to get an MBA Energy Management and capitalise on a business school where everyone is eager to learn, not just to compete, then Aberdeen Uni is the place to do it. I was embraced by a programme and by people who really wanted to help.

Fees and Funding

You will be classified as one of the fee categories below.

For international students entering in 2017/18, the 2017/18 tuition fee rate will apply to all years of study.

Undertaking an MBA is a substantial investment of your time and your finances. We aim to ensure that the return on your investment is considerable.

Please note, students who accept an offer of a place will be asked to pay a deposit to secure their place.

This deposit is later deducted from the tuition fees payable at registration.

Fees and Funding Table for HOME, EU, RUK and International Students
Nationality Status Amount
Home / EU / RUK Students Tuition fee for main award £19,000
International Students Tuition fee for main award £19,000
  • In exceptional circumstances there may be additional fees associated with specialist courses, for example field trip courses. Any additional fees for a course can be found in our Catalogue of Courses.
  • For more information about tuition fees for this programme, including payment plans and our refund policy, please visit our InfoHub Tuition Fees page.

Funding

View all funding options in our Funding Database.

Matched and Senior Industry Professional Mentored

EVERY student is matched with a senior industry professional as their mentor giving them the edge when it comes to business knowledge
 

Entry Requirements

Qualifications

Open to graduates from any discipline. Does not require business or management study to be completed at undergraduate level.

This programme is for you if you have a minimum of 3 years work experience; a track record of professional achievement and at least the equivalent of a British 2:2 (Hons) degree. OR a minimum of 5 years work experience; associated training and an excellent track record of professional achievement.

Language Requirements

All students entering the University must provide evidence that they can use English well enough to study effectively at the University of Aberdeen.

Details of our English language entry requirements can be found on our English Language Requirements webpages. This programme requires that you meet the Business School Postgraduate Standard level of English proficiency.

If you have not achieved the required scores, the University of Aberdeen offers pre-sessional English courses. Further details are available on our Language Centre website.

  • Nationals of some English-speaking countries or those who hold degrees from some English-speaking countries may be exempt from this requirement. Details of countries recognised as English-speaking can be found on our English Language Requirements webpages.

Document Requirements

  • Degree Transcripta full transcript showing all the subjects you studied and the marks you have achieved in your degree(s) (original & official English translation)
  • Personal Statementa detailed personal statement explaining your motivation for this particular programme
  • CVan up-to-date CV/Resumé

Facilities

  • Sir Duncan Rice Library

    Sir Duncan Rice Library

    The University’s award winning Sir Duncan Rice Library is listed in the “Top 20 spellbinding University libraries in the World”. It contains over a million volumes, more than 300,000 e-books and 21,000 journals.

    Find out more
  • Virtual Learning environment MyAberdeen

    This the University’s virtual learning environment. This is where you will find learning materials and resources associated with your courses and where you will be notified of any announcements about your courses or the University.

Careers

The energy market is crucial to the global economy and is one of the most profitable industries there is.

Additionally, our Graduate Business School has a long-standing track record of delivering MBA programmes that enhance employability. Our Alumni have enjoyed much success in the workplace with the University of Aberdeen MBA graduates securing employment with:

  • BP
  • Bureau Veritas UK & Ireland
  • Citibank
  • Ernst and Young
  • Google
  • KPMG
  • Npower
  • Royal Bank of Scotland
  • Stork Technical Services
  • Talisman Energy
  • Taqa

Industry Links

  • Every full time student is matched with an energy business professional as their mentor. This Professional Faculty of Executive Fellows are established professionals from the Energy sector.
  • Our mentoring is designed to provide students with an opportunity to connect with a senior industry practitioner from the business community to deepen and enhance their learning and development.

Accreditation

Recognised industry bodies have endorsed our programme, such as Oil & Gas Academy of Scotland.

“The excellent reputation of the University coupled with its location in the Energy capital of Europe will provide exceptional opportunities to make the most of existing skills and expertise in the wider energy community. The combination of these factors will form the basis for an exclusive student experience.”
Thomas (Rulzion) Rattray, Director, OGAS (Oil & Gas Academy of Scotland)

Our Experts

Other Experts
Dr Glenn Corr, Senior Director, Maersk Oil
Mr Dave Sherrit, Learning & Organisation Development Team Leader, Chevron Upstream Europe
Mr Leigh Howarth, Chief Financial Officer, STATS Group
Mr Chris Matchan, Independent Consultant, .
Programme Coordinator
Mr Russell Williams

You will be taught by a range of experts including professors, lecturers, teaching fellows and postgraduate tutors. Staff changes will occur from time to time; please see our InfoHub pages for further information.

Contact

Address
Business School
University of Aberdeen
Edward Wright Building
Dunbar Street
Aberdeen

AB24 3QY
Email
Phone
+44 (0)1224 273235
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