This online programme combines the disciplined study of economic principles with a deep understanding of the dynamic, constantly evolving energy industry. Students will find the Professional Development Certificate in Energy Economics and Finance intellectually challenging and provides career-ready credentials to help increase your appeal to employers. All you need to do to start your learning journey is select and pay for the module(s) you would like to study.

This programme is studied fully online.

The aim of the programme is to provide a comprehensive study of energy economics analysing issues such as, energy demand and supply, the Hotelling model, oil price behaviour, the role of OPEC and the issues of global warming and renewables. Students will develop their knowledge of the key micro and macroeconomic modelling techniques, as well as gain an in-depth understanding of financial analysis and its application in the energy sector.

Our academics are experts in Energy Economics and along with our Energy industry partners, will help our students to:
• Understand and analyse the key drivers of energy demand and supply
• How the energy sector makes investment decisions
• How governments design and implement their energy and environmental policies
• The different types of fiscal policy on the exploration of non-renewable resources
• How to use and analyse energy data

Key Programme Information

At a Glance

Learning Mode
Online Learning
Degree Qualification
18 months
Study Mode
Part Time
Start Month
Any Month

What You'll Study

The courses involved and the new timetable of release are:

Economic Analysis for Energy Markets
Investment Analysis for Energy
• Petroleum Economics and Policy (June 2019)
• Quantitative Methods for Energy Economics (June 2019)

Each course will account for 15 SCQF level 11 credits.

These modules have been designed to provide students with the ability to expand their knowledge of world energy markets. Developing an in-depth understanding of the relevant economic theory, you will have the confidence to analyse the key issues in the energy industry. Through the modules, you will be able to understand and analyse the key drivers of energy demand and supply, how energy sector makes investment decisions, how governments design and implement their energy and environmental policies, the different types of fiscal policy on the exploration of non-renewable resources and how to use and analyse energy data.

Please contact for more information about this programme.

Course Availability

We will endeavour to make all course options available; however, these may be subject to change. Further information about potential changes can be viewed here.

How You'll Study

This programme is taught through self directed study with tutoring support.


Participants of the modules will have the opportunity to engage with lectures and other participants through module-specific interactive webinars and forums.

Learning Methods

  • E-learning
  • Individual Projects
  • Seminars
  • Tutorials

Assessment Methods

Consists of a series of reflective self-assessment elements containing essays, exercises quiz, tests and mock exams. Students will evaluate their performance in comparison to detailed model answers containing step by step explanations. These self-assessment elements will be module specific, further information can be found in the respective module guides. All these elements will consist the students Digital Workbook.

Why Study Online study in Energy Economics and Finance?

The global energy sector is a complex environment characterised by various influential factors such as, resource constraints, government policy and international agreements. In order to conduct such industry and policy actions successfully, a comprehensive knowledge of the relative economics is essential. Our programme is designed to provide students with the fundamental economic skills and knowledge required for a successful career in the energy industry or governmental organisations.

  • Our Business School is internationally recognised for its excellence in world-leading research impact in Business and Management Studies.
  •  We are home to two highly-rated relevant research centres - Aberdeen Centre for Research in Energy Economics and Finance (ACREEF) and the Aberdeen University Centre for Energy Law (AUCEL)
  • Strong links and active engagement with professional practice, multi-nationals and government agencies around the world.
  • Gain insights into commercially-oriented analysis.
  • Develop quantitative skills to better utilize data to inform strategic decisions.
  • Learn to analyse energy markets and the micro and macro impacts of various stimuli.
  •  Acquire the global perspectives essential to professional success
  • Acquire the global perspectives essential to professional success.
  •  Develop critical insights into current and emerging approaches and apply these in real world settings.
  • Develop a well-rounded skillset – gain the tools to succeed in your job search, as well as the communication and professional skills that business recruiters expect.
  • Strengthen your capacity for social, geographical and cultural mobility.

Entry Requirements

Learners will be able to enrol in to any module anytime. Each module can be taken individually as a Professional Development in "module name" and learners will have 18 months to complete each of the modules. This means that learners will have the freedom to study at their own pace and order in which they will study the available modules.


The information below is provided as a guide only and does not guarantee entry to the University of Aberdeen.

Learners progress will be monitored through the Digital Workbook. The Digital Workbook will consist of online multiple choice questions and self-assessment elements. If a learner successfully completes the Digital Workbook he/she will be awarded the Professional Development Certificate in “module name”. If a student completes all four-module specific Professional Development Certificates he/she will be automatically awarded the Professional Certificate in Energy Economics and Finance.

Please enter your country to view country-specific entry requirements.

English Language Requirements

To study for a Postgraduate Taught degree at the University of Aberdeen it is essential that you can speak, understand, read, and write English fluently. The minimum requirements for this degree are as follows:

IELTS Academic:

OVERALL - 6.5 with: Listening - 5.5; Reading - 5.5; Speaking - 5.5; Writing - 6.0


OVERALL - 90 with: Listening - 17; Reading - 18; Speaking - 20; Writing - 21

PTE Academic:

OVERALL - 62 with: Listening - 51; Reading - 51; Speaking - 51; Writing - 54

Cambridge English Advanced & Proficiency:

OVERALL - 176 with: Listening - 162; Reading - 162; Speaking - 162; Writing - 169

Read more about specific English Language requirements here.

International Applicants

Should your programme necessitate a visit to the University you may find the following information helpful.

Fees and Funding

Any student registering between 1 January 2019 and 31 December 2019 will receive a 20% discount.

Fee information
Fee category Cost
All Students £920
Modular fee programmes - Tuition fees for 2018/19 academic year. The fee is charged on a modular basis. The fee quoted is per 15 credits and includes a 20% discount from the full tuition fee of £1150.

Additional Fees

  • In exceptional circumstances there may be additional fees associated with specialist 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 our refund policy, please visit our InfoHub Tuition Fees page.

Our Funding Database

View all funding options in our Funding Database.


This programme is distinctive in ways that is attractive to students who would like a career in government, consultancy, and environmental or regulatory departments of energy and other companies or professionals of the energy sector who want to develop their career. It offers a flexibility of learning through online provision and the option of progression to the on-campus program, not seen in competing programs. The programme reaches beyond corporate interest alone to governments and NGO's, who also need high quality graduates with an excellent understanding of the energy sector.

Why Study Online

Studying online with the University of Aberdeen keeps you in control; you can study in a way that suits you and your life.

Read more

Our Experts

Programme Leader

Information About Staff Changes

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.

Get in Touch

Contact Details

Business School
University of Aberdeen
Edward Wright Building
Dunbar Street
AB24 3QY