The PgCert in Energy Economics and Finance combines the disciplined study of economic principles with a deep understanding of the dynamic, constantly evolving energy industry. Studied online, this modular programme is both intellectually challenging and delivers the career credentials to help increase your appeal to employers.

Study Information

At a Glance

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

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 succeed in this sector, a comprehensive knowledge of the relative economics is essential. This programme will help you to analyse issues such as oil price behaviour, enhance your knowledge of economic modelling techniques, and provide you with the fundamental economic skills and knowledge required to pursue a successful career in the energy sector.

Our Business School is internationally recognised for its world leading research and home to two highly-rated relevant research centres: the Aberdeen Centre for Research in Energy Economics and Finance (ACREEF) and the Aberdeen University Centre for Energy Law (AUCEL). These strong research foundations ensure active engagement with energy multi-nationals and government agencies around the world.

What You'll Study

The 4 courses that form this programme are:

Economic Analysis for Energy Markets
Investment Analysis for Energy
Petroleum Economics and Policy
Quantitative Methods for Energy Economics

Each course can earn you 15 Master’s-level credits (SCQF level 11) if you choose to upgrade for free during your course and be assessed formally by either exam or essay.

These modules will expand your knowledge of world energy markets. You’ll develop an in-depth understanding of the relevant economic theory and have the confidence to analyse key issues in the energy industry.

Please contact for more information about this programme.

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 via self-directed, online study with tutoring support. You can enrol in to any module at anytime. Modules can be taken individually and you’ll have 18 months to complete each module. This means you can study at your own pace, while also engaging with your tutors and fellow students through module-specific interactive webinars and forums. Assessment consists of a series of essays, exercises, tests and mock exams – that you will self-assess against detailed model answers.

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?

This programme is designed to expand your knowledge of world energy markets and to develop an in-depth understanding of relevant economic theory. You’ll learn how to understand and analyse the drivers of energy demand and supply, how investment decisions are made, and how governments design and implement their energy policies. You will:

• Develop quantitative skills to better utilise 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 in this sector
• Develop critical insights into current and emerging approaches energy finance
• Strengthen your capacity for professional, 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.

Fee Information

Fee information
Fee category Cost
All Students £1,185
Modular fee programmes - Tuition fees for 2019/20 academic year. This programme is charged on a modular basis.

Additional Fee Information

  • 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.


Eligible self-funded international Masters students will receive the Aberdeen Global Scholarship. Visit our Funding Database to find out more and see our full range of scholarships.


This programme is designed both for professionals in the energy sector and for others who want to develop a career in government, consultancy, or the environmental or regulatory departments of energy and other companies. The programme reaches beyond corporate interest alone to cover any career path that needs 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