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Accounting & Finance for the Global Energy Sector
MSc

Accounting & Finance for the Global Energy Sector

Course detail

Start Date

January,September

Duration

1 year (full time), 2 years (part time)

Degree Classification

MSc

UCAS Code

Apply Direct

Why Study Accounting & Finance for the Global Energy Sector?

 

Get set to address issues concerning the measurement, reporting and financial analysis of the world’s future sustainable energy objectives during this specialist master’s degree.

Aligned with the guidelines and targets of several global organisations, including the International Energy Agency (IEA), United Nations (UN) and Renewable Energy Policy Network (REN21), this unique programme prepares you for a career within the accounting, finance and sustainability spheres of the energy sector or related industries worldwide.

In modern society, the energy industry is pivotal to the effective running of all economies. Our quality of life is highly dependent on energy resources, and how we produce, supply, conserve and secure resources, both now and in the future, is vital.

It’s essential that we establish and strengthen an awareness and a robust accounting and finance framework in this field to support energy companies to make informed decisions about sustainability investment for the future.

 

 

Register Interest

A postgraduate qualification can prepare you for a more senior position and a considerably higher starting salary. 

Information and advice is key to making sure you make the right decision for you. Thankfully, we’re here to tell you everything you need to know about stepping into the world of postgraduate study.

Register your interest and find out the fantastic options available to you.

 

Register Interest

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On joining this programme, you will:

  • Develop the ability to apply relevant methods and techniques in accounting, reporting and financial analyses of issues in energy accounting and finance
  • Be exposed to the contentious accounting and reporting issues for energy companies engaged in the generation, distribution, transmission and retailing of conventional and clean energy
  • Learn, apply and critically analyse methods and techniques used for measuring, accounting and reporting carbon emission information
  • Broaden your understanding of the complex operations of energy markets
  • Be introduced to the audit and other tools used to evaluate energy production and consumption efficiently at both macro and micro levels

This Accounting and Finance for the Global Energy Sector MSc is designed to address key issues concerning financial/nonfinancial measurements, as well as financial analysis relating to mainly nonconventional energy sources, transitioning to clean energy sources, carbon emission and pursuit of global sustainability objectives.

Entry Requirements

Applications to this course are open all-year round for September or January entry (programme begins Sept 2018).

Applicants should have:

  • An undergraduate degree (2:2 or better) in a discipline which includes mathematics, accounting or economics
  • A desire to learn how accounting and finance relates to the world’s future sustainable energy objective

Full-time and part-time students will study modules as one cohort.

How to Apply

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Overseas/EU

Overseas students are encouraged to apply at least three months before the programme begins to allow enough time to apply for a Tier 4 visa should you be successful at securing an offer from us.

All applicants are required to provide certified proof of competence in English Language. The University's minimum requirements are:

Overseas and EU: IELTS 6.0 (no individual test less than 5.5).

International Students

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Information for International Applicants

Please provide certified proof of your English language level. Our accredited International English Foundation Course can help. To further enhance your academic English, Intensive English for Academic Purposes can help you achieve your potential.

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English Language Requirements

Explore English language requirements for entry to Abertay University.

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English Language Courses

Discover the range of English language courses on offer at Abertay University.

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Visa Information

Learn more about visa requirements for studying at Abertay University.

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Learning and Assessment

This programme is unique as it focusses on three key strands which are central to accounting and finance for future energy security:

Accountability – the provision of accounts to relevant stakeholders, identifying the financial and non-financial impacts of energy companies’ operations and activities, and delivering these using the most appropriate reporting media.

Financial Analysis – using various tools to evaluate finance and investment decisions relating to clean energy systems such as fusion nuclear, wind, solar, and hydro power.

Sustainability – considering how energy companies can contribute to the overall needs of society without compromising the ability of future generations to meet their own needs in keeping with variable external factors.

 

On Graduating the Programme, You Will

On graduating from the programme, you’ll be able to prepare, analyse and interpret various accounting reports and financial statements for energy companies. You’ll learn to critically analyse carbon accounting and sustainability information and will have developed the skills to analyse energy markets and apply methods and techniques to evaluate financing and investing decisions for clean energy projects.

Assessment

Instead of the traditional research-based dissertation, this programme enables you to harness your learning from the full programme by working on a capstone project. This project will provide an opportunity to analyse a current industry problem or challenge and develop justifiable recommendations for industry solutions.

You’ll learn via traditional lectures, tutorials and seminars, which will be supported by online resources. During your face-to-face sessions with academics and peers, you’ll be encouraged to engage and actively participate through questions and class discussions.

Depending on the nature of each module, you’ll be assessed through class tests, assignments, oral presentations and case studies.

Scholarships

The scholarship below is open to all international students and those applying from England, Wales and Northern Ireland with a 2.1 or above for a postgraduate course. It's paid in two instalments, in December and March. 

Rest of UK Postgraduate Abertay Scholarships

This £2,000 award is open to all prospective new postgraduate students from England, Wales and Northern Ireland.

Programme Fees for 2018

Scottish & EU students

£5,500

Fees stated are for the entire course.

*There may be additional charges where the MSc is not completed within 18 months. Module fees are on a pro rata basis of 180 credits.

 

English, Welsh & Northern Irish Students

£7,500

Fees stated are for the entire course.

*There may be additional charges where the MSc is not completed within 18 months. Module fees are on a pro rata basis of 180 credits.

 

International Students

£14,250

Fees stated are for the entire course.

*There may be additional charges where the MSc is not completed within 18 months. Module fees are on a pro rata basis of 180 credits.

 

Career Opportunities

This programme will open up a host of opportunities. You’ll have essential knowledge on how to achieve global success relating to energy efficiency, energy security, environmental sustainability as well as financial and non-financial transparency and accountability within the energy sector.

We’re expecting our graduates to enter organisations related to:Power and utility

  • Conventional energy
  • Renewable energy generation and distribution
  • Energy regulators
  • Government departments
  • Companies aiming for transition to clean energy

 

 

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Occupations

The programme is designed for both UK and non-UK students pursuing careers in the energy sector or in any related industry worldwide, especially those concerned with preparation and use of accounting and other financial reports.

The list includes, but not limited to:

  • Accountants (both professionals and non-professionals)
  • Financial analysts
  • Managers
  • Economists
  • Regulators
  • Environmentalists
  • Engineers
  • Geologists
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Industry Links

Guest lectures, case studies, capstone projects and our well-connected academics mean you’ll gain valuable exposure to key industry professionals throughout the programme.

The design and development of this programme has been led by Professor Reza Kouhy, an expert in this specialism of this programme. He has first-hand knowledge of both the academic and professional debates and standards within energy accounting and finance well connected to the needs of industry. Many other deliverers on this programme also have high-level links with organisations and networks such as ICARB, Oil & Gas UK, OGIC, CeeD and Scottish Government.

External Energy experts who are already connected to this programme include:

  • Professor Alex Russell: Chairman of the Oil Industry Finance Association
  • Dr Francisco Rosique: Managing Director, GEDAC Electric

 

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Graduate School

Our Graduate School is a dedicated facility providing support, training and professional development opportunities to our vibrant postgraduate community. Specially designed to promote integration and inculcation of interdisciplinary working in our next generation of researchers, postgraduates study and learn together at Abertay – from Environmental Management to Law, Psychology, Bioscience, Economics and Business, Cybersecurity and Computer Games Development.

 

 

Learn more about our Graduate School

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When Joining as a Postgraduate, You Will

When you join us as a postgraduate student or researcher, you’ll be joining a community of creative likeminded scholars and will automatically be provided with access to our dedicated study and social spaces – a forum in which you can meet, work and learn with other researchers and postgraduates from across the University.

You’ll benefit from training and professional development opportunities, as well as support with funding applications, placement opportunities, teaching support, public engagement and outreach activity.

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We're proud of our students and graduates, and we believe there's no better place to study if you're looking for a degree that helps you stand out as an exceptional candidate in an increasingly competitive job market.

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