MSc, Postgraduate Diploma, Postgraduate Certificate
This MSc develops the knowledge and analytical skills needed to equip students for a successful career in the energy sector; whether in the private, public, or non-profit sector.
This course is aimed at students from a variety of backgrounds, including students with no previous training in economics or finance.
On completing the course, you should have a good knowledge of how economic analysis can help understand problems related to energy; be able to analyse alternative energy policy options in terms of benefits and costs; have a good understanding of world energy markets; and be able to analyse the risks associated with energy options. You will have acquired the skills needed to structure, analyse and evaluate energy-related problems.
Enhance your employability whilst gaining work experience with our Making the Most of Masters initiative.
Our Economics department is ranked among the top 10 percent of institutions in the world in the fields of environmental economics and behavioural economics by RePEc – a global repository of economics papers. RePEc has the largest bibliographic database freely available on the Internet.
The University of Stirling Management School equips students to flourish as effective managers in the workplace through enhanced self-awareness, critical thinking, leadership and team-working skills.
At the University of Stirling Management School, we are committed to ensuring that every single one of our students realise their potential.
The graduate job market has never been more competitive, and greater focus is now being placed on finding graduates who can demonstrate a wide array of skills, competences and experiences.
Studying for a degree means learning in different ways; managing your own time; conducting research; mastering new computer skills. We have the facilities and advice on hand to help you do all this - and do it well.
Of the many reasons students come to Stirling, such as academic reputation and research standards, one factor is always cited: the outstanding beauty of the University's Stirling campus. View our online films to get a picture of what it's like to live and study on our beautiful campus.
A minimum of a second class Honours degree or equivalent. Applicants without these formal qualifications but with significant appropriate/relevant work/life experience are encouraged to apply.
INTO University of Stirling offers a Graduate Diploma for those students who do not meet the required criteria for this course. If you successfully complete the Graduate Diploma in Business, Finance and Sport and meet the required progression grades, you will be guaranteed entry onto this Master's degree.
If English is not your first language you must have one of the following qualifications as evidence of your English language skills:
For more information go to English language requirements
If you don’t meet the required score you may be able to register for one of our pre-sessional English courses. To register you must hold a conditional offer for your course and have an IELTS score 0.5 or 1.0 below the required standard. View our range of pre-sessional courses.
If you are interested in studying a module from this course, the Postgraduate Certificate or the Postgraduate Diploma then please email firstname.lastname@example.org to discuss your course of study.
From 2016/7 onwards, the fees for all taught postgraduate courses are to be held at the level set upon entry.
Please note there is an additional charge for the conferral of your degree. This will be charged at the rate applicable when you complete your studies. View more informationScholarship finder
The Scottish Funding Council is funding Home/EU tuition fees for a number of places on this course. Funded places are open to applicants domiciled in Scotland and the EU.
More information can be found here.
Stirling Management School is committed to investing in academically talented students, enabling them to further their education with a reputable qualification from one of the many Postgraduate degree courses on offer at the University of Stirling. There are various categories of funding available to support the cost of your studies at Stirling Management School.
For further information on possible sources of funding, visit: http://www.stir.ac.uk/postgraduate/financial-information/
Find out about the cost of living for students at Stirling
Find information on paying fees by instalments
Preparing and supporting students through their postgraduate studies
September 2014 will see the introduction of an intensive and invigorating period of ‘learning to learn’ for Stirling Management School’s postgraduate students. Activities, workshops and information sessions held during this period will help students better prepare for the year ahead in order to ensure that they make the most of their time at Stirling. Students will be provided with an opportunity to develop the necessary skills required to ensure that they can interact and engage with others and fully explore the subjects and themes covered by their course.
Providing students with the very best start to their studies, these activities will support students to:
By the end of this period, students will be fully prepared to embark upon the formal teaching course invigorated and committed to the journey ahead with newly developed skills.
You take four taught modules in the autumn from September to December and four more taught modules in the spring from January to May. Then you write a dissertation in the summer, from June to August.
Modules are taught by a combination of lectures and small group teaching, in the form of seminars or computing labs.
Assessment typically includes coursework, presentations and an end-of-semester examination.
Re-sit examinations are available.
Autumn Semester modules:
Spring Semester modules:
In the Spring Semester you will also take the optional modules chosen from:
Other electives offered in the Spring:
Summer Semester module:
Topics of student’s interest in journals such as Energy Policy, The Energy Journal, Energy Economics and others.
On campus, inside and outside the classroom
The timetable below is a typical example, but your own timetable may be different.
Sample timetable Spring Semester
In REF2014 Stirling was placed 6th in Scotland and 45th in the UK with almost three quarters of research activity rated either world-leading or internationally excellent.
The reputation of our research at Stirling Management School was recognised in the 2014 Research Excellence Framework (REF), where the School was placed in the UK’s top 25 institutions for Business and Management, out of 101 business schools. In Scotland, the School was ranked in the top five. 64% of our research outputs were classified as world-leading and internationally excellent in terms of their originality, significance and rigour and we were ranked 14th in the UK in terms of research impact with over 60% of public, private and governmental organisations.
The Economics department is ranked in the top 10% of Energy Economic Institutions in the world by RePec (Research Papers in Economics).
The University of Stirling welcomes applications from all countries.
As part of the MSc Energy Management students take part in an Industry Simulation Exercise. This Simulation Exercise provides MSc Energy Management students with a forum to listen to, and learn from senior managers from a leading energy company as they offer an insight into their own experiences in the workplace.
The Simulation Exercise is based around a ‘Performance Management’ scenario that allows students to work on a typical industry problem. It is designed to simulate a real life industry specific challenge that businesses face in their working environment. As part of the exercise students are required to undertake an individual and group task to review business performance of a power station and make recommendations to take the business forward.
The Business Simulation in conjunction with Daniel Emerson Process Management was a very important experience. It helped us both to identify with the role of an external advisor and develop recommendations for a specific business situation, but also to practice group work and presentation skills within an Assessment Centre. I particularly enjoyed perceiving the fast learning progress within our group and also seeing the different approaches and solutions from the other teams.
Jan Zacharias, MSc Energy Management, 2011
MSc Energy Management and MSc Environmental Economics students recently visited AC Gold Energy, a locally-based energy renewable showroom to learn more about the micro-renewable business from their managing director, Mr Alasdair Campbell.
AC Gold Energy design and install MCS approved, renewable energy efficient heating and electric generation systems. As well as domestic installations, AC Gold Energy also work with the commercial electrical and engineering sector, with clients who require the highest levels of accreditation and safety certification.
Students learned how solar PV and biomass boilers work, what features customers are generally looking for, and how the changes in government policy alter the renewable business. Mr Campbell provided his insights into the key factors that shape the renewable business in Scotland and answered student questions.
This visit is an example of one of the many visits that students experience as part of the course and provides students with the skills and knowledge they will need to meet the challenges of this exciting sector.
The visit was extremely fascinating and informative. It was intriguing to be able to view in person, some of the different types of renewable energy technologies and innovations that we have studied in class. We learned not only about different types of renewable energy systems available to residential and commercial customers, but also the considerations that help determine which system is best for a particular application. I particularly enjoyed Mr Campbell and his team spending a generous amount of time at the end of our visit to answer the many questions we had. I feel that our program is very fortunate to have such an interesting facility located here in Stirling.
Ryan Holmes, MSc Energy Management, 2012
This course provides a chance to simulate the real business happening. Combining the knowledge we learn with the real business skill to train how to deal with the special problems for a firm in the first time and develop quick reaction capability. It is useful for us to get preparation for work we will do when we finish the course and also the experience will give good personal behaviour for future employment.
Xin Qi, MSc Energy Management, 2011
When I was confronted with the decision to study Energy Management at the University of Stirling, many questions were going through my head. Will it be hard to study in a foreign language? Will there be benefits for my professional life? How will it be to live abroad?
After graduating from a German University (in Energy and Resource Management BA) and working for several German energy companies, the University of Stirling seemed to me a reasonable way to gain further academic knowledge about the energy industry. Furthermore, It was obvious for me that it would be an interesting and useful experience to study abroad.
It didn’t take long to understand that it was the right decision to study Energy Management MSc at the University of Stirling. Surrounded by competent teachers who always found time to promote the students personally, I was able to gain a deeper understanding of several academic fields related to the energy industry.
The composition of students in our course was probably the most international I have ever seen. Students from Africa, Europe, Asia and America were represented and created all together an amazing atmosphere where everyone had the chance gain an enormous amount of intercultural skills.
These new knowledge and skills I have gained during my time in Stirling turned out to be very useful for my professional life. After graduating in 2011, I’ve started to work directly for an innovative German energy company (Energy2market GmbH) which develops and operates the first virtual power plant that provides system services (secondary control reserve) to the German transmission system operator. In the position as a portfolio manager I am in charge of the renewable energy portfolio, which is the centerpiece of the virtual power plant. It seems to be just the beginning of an interesting career.
The decision to study Energy Management in Stirling was not an easy one, but it turned out to be one of the best decisions in my life. Of course you can think about studying in New York, Berlin or London, but if you consider to start a successful energy career… I’ll recommend Stirling. “
Albert Mantel, MSc Energy Management, 2011
The MSc Energy Management opens up a range of employment opportunities in the energy sector at the national and international level. Some example placements for alumni of this course are: