Management School. MSc/PG Dip/PG Cert. Energy Management. University of Stirling Management School

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1 Management School MSc/PG Dip/PG Cert Energy Management University of Stirling Management School

2 The MSc Energy Management 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. Students from Africa, Europe, Asia and America were represented and created an amazing atmosphere in which everyone had the chance to gain an enormous amount of intercultural skills. The knowledge and skills I have turned out to be very useful for my professional life. Albert Mantel, MSc Energy Management, 2011 This internationally recognised course is aimed at students from a variety of backgrounds from those seeking a role requiring highly developed quantitative skills to individuals with no previous training in economics, finance or related subjects who have management aspirations in the energy sector.

3 Why study Energy Management at Stirling? 1. Global reputation: Top 10 percent 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. In the most recent Research Excellence Framework (REF2014) the University of Stirling Management School ranked among the top 25 in the UK for business and management research. 2. Networking with employers The University of Stirling Management School s energy management specialists have excellent links with industry and actively work on connecting students with potential employers. In addition to guest lectures and site visits, our experts actively build contacts with Scottish, UK and global organisations in the field of energy management and leverage off these relationships for the benefit of our students. Energy Management academics have a presence at the VIBES awards where decision-makers in Scotland s burgeoning energy sector recognise progress in environmental and sustainability issues worldwide. 3. Industry-relevant course content Our engagement with industry includes regular review of course content by key players in the energy sector. We ensure the relevance of the curriculum to our students future career needs through ongoing engagement with external organisations. Companies involved in this process include global energy, metals and mining research and consultancy group Wood Mackenzie. 4. Practical skills development A particular strength of the MSc Energy Management from the University of Stirling Management School is its emphasis on the development of practical skills. You will be given many opportunities to apply theory to solving real world challenges. The course includes trips to energy facilities to gain a wider understanding of the energy market and participation in an industry simulation exercise, during which you will learn from senior managers at leading energy companies. 5. Project based Dissertation Students studying MSc Energy Management have the opportunity to undertake a project-based dissertation developed in consultation with members of the public, private and non-profit sector.

4 The visit to AC Gold was extremely informative and provided the opportunity to engage with those actively involved in the renewable energy business. It was intriguing to view some of the different types of renewable energy technologies 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. We also explored the role of government policies in nfluencing the renewable industry. Ryan Holmes, MSc Energy Management, 2013 What is Energy Management? Energy management is a broad field bringing together a range of disciplines with the objectives of better monitoring, controlling and conserving energy. Climate protection and cost savings are included in the study as are management of the environment, energy production and facilities, supply, procurement and logistics. A broad understanding of complex, inter-related issues is increasingly required to build a successful career in the energy sector. Decisions we make about fuel sources, generating methods, energy usage and energy saving have major economic, political and environmental consequences. For further information on the course content visit: Scottish Funding Council (SFC) Scholarship This course is one of the courses funded by the SFC and there are a selected number of Free places offered to students from Scotland and the EU. Further information can be found here:

5 About the course The MSc Energy Management is a one-year, full-time course. This consists of two 15-week semesters followed by a supervised dissertation. Teaching is carried out through a mixture of lectures, small group seminars and computer labs, and assessment is based on coursework, presentations and examinations. There is no set reading list of the course, but relevant journals such as Energy Policy, The Energy Journal and Energy Economics are recommended reading. Course content The course offers a comprehensive overview of economic analysis as the route to understanding the problems of energy management. It examines the benefits, costs and risks of alternative energy policy options and provides a firm grasp of world energy markets. Career opportunities Graduates from the Stirling MSc Energy Management are in demand among employers looking for individuals with skills suited to work in energy policy analysis, energy trading and energy planning. Energy security, supply, pricing and use, along with environmental impact assessment and management, are also areas where there is a shortage of suitably qualified young professionals. Our alumni work in roles at utility companies, oil and gas producers, alternative energy technology manufacturers and for mining industry players. Employers in sectors like forestry, the financial sector, specialist consultancies and government bodies also value postgraduate qualifications in energy management.

6 Real-world experience 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 industry-specific challenge that businesses face in their working environment. As part of the exercise, students are required to undertake individual and group tasks to review the business performance of a relevant organisation and make recommendations to take the business forward. Course structure Semester 1 Energy Markets and Policy Provides an understanding of the functioning of the major markets for energy oil, coal, natural gas, electricity and alternative/renewable energy in an international context. Energy and Resource Economics Covers the main economic theories applied to renewable and non-renewable resources, the valuation of the consequences of energy use, alternative models of use and strategies for sustainability. Environmental Economics Investigates how economic methodologies can be used to build greater understanding of environmental problems. Semester 2 Research Methods Introduces students to generic and subject-specific research training and lays the foundations for advanced postgraduate research. Environmental Valuation Provides the conceptual and theoretical underpinnings for environmental valuation techniques. Energy Management and Sustainability in Practice Students learn how to write and present policy briefs. Two modules from the following electives: The Economics of Climate Change. International Banking and Development Finance Risk Management in Banking Leadership and Decision Making Managing Change and People

7 Preparing business leaders of the future Postgraduate education at The University of Stirling Management School goes beyond textbooks and lecture rooms by also focusing on professional and personal development. Our unique Flying Start Leadership programme, at the start of the academic year, equips students Entrance requirements You should have at least a second-class Honours degree from a UK university, or an equivalent qualification. The qualification need not be in Economics. Most subjects are acceptable. If English is not your first language you must provide evidence of your proficiency. For details of English language requirements for this course, visit: Fees, funding and scholarships The University of Stirling Management School is committed to investing in academically talented students. There are various categories of funding available to support the cost of your studies at the University of Stirling. with the awareness, knowledge and techniques essential for building a successful career. These range from practical skills, like effective public speaking, to developing ways to work under pressure in difficult situations and manage conflict. Postgraduate study Student and alumni support The University of Stirling Graduate School will support you in making the most of your time at Stirling, ensuring you develop your skills and, crucially, your employability within a rich academic environment. We have excellent links with major employers in business and industry, and our academic schools and careers service work closely with these to prepare work and professional practice opportunities. Our relationship with students does not stop at graduation: we maintain and build links with our extensive network of alumni. We facilitate social and networking events for our former students in the UK and elsewhere. Looking for a new career pathway? The MSc Energy Management is designed to develop the expertise of individuals with qualifications in energy, economics and related disciplines. However it can also accommodate people with little or no previous knowledge of energy management. It is an astute choice for graduates from a wide range of disciplines and mature students looking for a career change into a field in which there is an acute shortage of specialist managers. Information on some of the most common funding and scholarship opportunities that are available to you can be found here: or

8 Stirling Management School Student satisfaction The University of Stirling Management School is one of the UK s leading business schools, consistently achieving high satisfaction ratings in national student surveys. The University of Stirling is among Scotland s top three universities and the UK s top 10 in recognised measures of student feedback. The Business Simulation experience helped us to identify with the role of an external adviser and develop recommendations for a specific business situation. It also gave us the opportunity to practice group work and presentation skills. Jan Zacharias, MSc Energy Management, 2012 Research excellence We are building our global reputation for academic excellence through a wide range of international research and education delivery partnerships. Stirling Management School has established successful international partnerships in several regions, including Asia and the Middle East. We are exploring additional sustainable overseas partnerships in order to attract the world s best academics to work with us and the most talented students to enrol on our courses. Accreditation and affiliation We are a member of the Association of Business Schools; the European Foundation for Management Development; in partnership with the Chartered Management Institute and are signatories to the Principles for Responsible Management Education. Contact information Programme Director: Mirko Moro Telephone: UK+44 (0) The University of Stirling is a charity registered in Scotland, number SC For a list of photographers who have contributed to the University of Stirling photo library, visit: This publication can be made available in different formats. Please contact Student Recruitment and Admissions for further information: Join our

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