MSc in Global Energy Management an internationally accredited business school
Contents 03 04 06 08 10 12 University of Strathclyde Business School Overview - MSc in GEM Overview - course features & structure Employment prospects Admissions procedure Great location
University of Strathclyde Business School The University of Strathclyde received its royal charter in 1964, but its history goes back to 1796 when it was founded as Anderson s Institution. Its founder, John Anderson, left instructions that a new higher education institution be established as a place of useful learning. This ethos remains true today, underpinning the industrially and commercially relevant research and teaching undertaken throughout the University. Strathclyde is now Scotland s third largest university, and one of the largest in the UK, with a world-wide reputation for its teaching and research. We comprise four faculties Business, Engineering, Science, and Humanities & Social Sciences and have a total student population of around 14,000. Around 2500 students are at postgraduate level, and a high proportion of the student population is aged 21 years or over. Currently, Strathclyde has over 100,000 alumni around the globe. Founded in 1947, Strathclyde Business School (SBS) is one of four faculties forming the University of Strathclyde in Glasgow. SBS offers the highest quality business education and management development to undergraduates right through to senior executives. As one of the largest business schools in Europe, with around 200 academic staff and more than 3000 full-time students (undergraduate and postgraduate), Strathclyde Business School s 11 subject departments and specialist units collaborate to provide a dynamic, fully-rounded and varied programme of specialist and cross-disciplinary programmes. SBS is a triple accredited business school: one of only a small percentage worldwide to hold this prestigious status, with full accreditation from the international bodies, AMBA, AACSB and EQUIS. The school has an established reputation for research excellence. Most recently, in the 2008 Research Assessment Exercise, Strathclyde Business School was rated 7th in the UK for its world leading and internationally excellent research. International in its outlook, SBS has long-standing and established links with partner institutions around the world, including universities in Australia, Canada, Europe, Asia, and the USA. In addition, SBS operates nine international satellite centres in Europe, SE Asia and the Middle East, and has recently established a branch campus in India. Our departments Accounting and Finance; Management; Economics; Management Science; Human Resource Management; Marketing; the Hunter Centre for Entrepreneurship The Economics Department The Economics Department is one of the largest in the UK. In the most recent research assessment exercise (RAE 2008), 25% of research was rated world leading and 40% internationally excellent. The Economics Department has recently improved its position within the top ten departments in the UK, according to the Sunday Times index, and came top of all departments in non-private universities in the UK in the most recent National Student Survey. Many important energy industries (for example, BP, Res, Powergen) are located in Glasgow. The city is fast becoming a world leader in the development of green energy. This is not just due to the fact that Scotland has 25% of Europe s offshore wind resource and tidal power. Renewable companies, in particular, have invested heavily on the back of Strathclyde University s strong research profi le in energy, the most recent and notable investment being the University s new 89 million Technology & Innovation Centre. 03
Overview MSc in GEM The MSc in Global Energy Management is aimed at producing high flying energy professionals. MSc in Global Energy Management (GEM) The global energy system is undergoing a process of rapid change. Escalating demand, constraints on supplies, increasing energy prices, regulatory pressures to reduce carbon emissions, changing demographics and patterns of energy use and supply, mean that industry, economies and societies face complex challenges and uncertainties that could become more extreme in the future. Both government and industry need to be able to understand and adapt to this changing context, managing these transformations where possible, exploiting emerging opportunities, and acting to reduce risk. The changing energy landscape requires professionals with a global knowledge of the complex technical, economic, geopolitical and policy issues facing the global energy system. The MSc in Global Energy Management is aimed at producing high fl ying energy professionals. Students will gain a rigorous analytical training and in-depth real world knowledge of the global energy system in all of its facets encompassing energy supply, demand, and environmental issues such as carbon management - giving them an unrivalled edge in the energy job market. Programme overview The GEM master s degree is offered by the Department of Economics. The degree is specifi cally designed to train the next generation of energy professionals. A 12-month taught Master s degree, GEM combines academic rigour with exposure to industry and other experts, plus handson training in the management of energyrelated issues and problems. Core taught courses are designed around the latest academic research on the issues facing energy managers today. Students also have the opportunity to pursue their own interests through a variety of optional courses drawn from departments across the business school and from the schools of Engineering, Politics, and Law. The curriculum also offers a series of interactive seminars delivered by external energy professionals; fi eld trips; conferences; and a summer internship, ensuring that students are always up to date with the changing realities of the global energy industry. The changing energy landscape requires professionals with a global knowledge of the complex technical, economic, geopolitical and policy issues facing the global energy system.
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Overview features & structure Core taught courses are designed around the latest academic research on the issues facing energy managers today. Distinctive features A 12 month, taught, professionally oriented, postgraduate MSc that powerfully combines rigorous analytical skills with real world content and practical experience required to manage the complex energy realities of the 21st century Uniquely focused on the global energy system, in all its sectors (conventional, non-conventional and renewable) and related fi elds A wide range of fl exible class options allows students to pursue individual interests in a variety of disciplines Developed with the support and input from a range of leading energy-related professionals in government and business Leading international energy experts in business, government and other organisations providing practical insights and inside knowledge via the Global Energy Forum, a series of interactive seminars throughout the programme A dynamic and interactive learning environment composed of an international student body Highly committed and enthusiastic staff distinguished by their internationally recognised research in energy and environmental-related fi elds and highprofi le knowledge exchange activities with government and the energy industry Excellent opportunities to network with international energy specialists from a range of organisations Course structure The degree is designed around fi ve core taught classes. Students also take a summer internship and attend a forum delivered throughout the year the Global Energy Forum - by leading outside experts in energy-related fi elds.... Core classes 80 credits: Global Energy Issues, Industries and Markets 20 credits Global Energy Technologies, Impacts and Implementation 20 credits Energy Policy, Politics, Business Structures and Finance 20 credits Energy Economics 10 credits Microeconomics or Macroeconomics 10 credits... Global Energy Forum 20 credits... Summer Internship 40 credits... Elective classes 40 credits Class details CORE CLASSES Global Energy Issues, Industries and Markets 20 credits This class will provide students with a comprehensive but in-depth overview of the global energy system through consideration of such topics as: the structure of energy markets; industry risk management and scenario planning strategies; geopolitical distribution of energy supplies and their associated governmental systems; major environmental and health impacts of energy use and supply. Global Energy Technologies, Impacts and Implementation 20 credits Building on Global Energy Issues, Industries and Markets, this class considers the technical and policy context surrounding the adoption and deployment of energy technologies worldwide. The class will cover both fossil fuel and low carbon technologies, their fi t to particular circumstances, and the main stages and issues in implementing energy projects. Energy Policy, Politics, Business Structures and Finance 20 credits This class considers the energy policy environment surrounding the adoption and deployment of energy technologies worldwide. It will assess the different energy policy objectives and energy
policies that governments are applying throughout the world; the different types of policy lever available; and how to fi t and evaluate processes in relation to energy policy. Different business structures in the energy sector will be examined, as well as how alternative investments are evaluated and different means of raising fi nance. Energy Economics 10 credits This class begins by studying the forces that lead economic agents to both demand and supply energy resources and energy commodities, to transport them to the users, to use them, and to dispose of the residuals. It investigates the roles of alternative market and regulatory structures on these activities, the impacts of such activities and their environmental consequences. The class identifi es criteria required for the economically effi cient provision and use of energy commodities and resources, and reasons why their effi ciencies are rarely achieved. Microeconomics or Macroeconomics 10 credits Microeconomics Microeconomics is concerned with the behaviour of individual consumers and fi rms within the structure of a market, and the implications that their actions and interactions have for market outcomes. The class will look at how consumers make decisions in allocating scarce income to the consumption of different goods and services in the pursuit of maximising their individual welfare, and how fi rms allocate inputs to the process of production. The effects of Government intervention in markets will also be studied at a basic level. Macroeconomics The purpose of this class is to provide students with clear frameworks they can use to understand economic globalisation. The class aims to develop skills, enabling students to understand how policy makers and businesses can react to, cope with, and anticipate changes in, the macroeconomic environment including business cycles, infl ation, commodity price shocks, change in interest rates, taxation, government spending and government debt, exchange rates, and fi nancial markets.... Global Energy Forum 20 credits This class underpins the MSc s intention to supply real world and practical-based knowledge. Students will get the chance to hear experts speak from a wide variety of backgrounds and organisations, providing insight into important energy issues. Potential subjects include the future of nuclear energy; the environmental costs of our dependency on fossil fuels; hydraulic fracturing; carbon capture and storage; the future of green technologies. Students will also have the opportunity to undertake a number of fi eld trips.... Summer Internship 40 credits The internship is intended to give students practical, problem-focused experience working in an energy or related organisation. Students will be able to apply the knowledge gained on the course working in collaboration with organisation partners on a specifi ed energy or related project. The internship will be in academia, industry, government, a research or policy institute, or other suitable organisation. Students will be required to write an analytical report on the project for submission.... Elective classes 40 credits Students will be able to choose from postgraduate course offerings available in the Business School, Engineering, Law, and/or Government. 07
Employment prospects Graduates will be actively sought after by employers in the energy industry and related fields. Employment prospects Energy is the largest and most critical industry in the global economy today. Recent surveys of the energy industry report a growing shortage of properly trained managers worldwide, a situation that is set to worsen when the current generation reaches retirement age over the next few years. Graduates will be actively sought after by employers in the energy industry and related fi elds. With their specialised knowledge and skills, students will be well placed to manage the complex challenges facing the global energy system in the 21st century at the highest levels. The world s energy system is undergoing unprecedented transformations. Those transformations offer major opportunities for talented and ambitious individuals to play an active role in creating and delivering solutions to some of the world s most signifi cant challenges. To meet those challenges Government and industry need confi dent energy managers with new levels of skills and expertise. Strathclyde is one of the world s leading technological universities with strong links at the highest level of government and business. I am delighted we are offering the GEM degree. Aimed specifi cally at training the next generation of energy professionals, GEM is unique in providing students with the technical skills, global perspective and practical experience they will need to manage the complex realities facing the global energy system in the 21st century. I look forward to meeting the GEM students and seeing them progress to positions of real infl uence as policymakers and managers across the energy sector. Professor Jim McDonald University of Strathclyde Principal and Vice-Chancellor Professor Jim McDonald
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Admissions procedure GEM is unique in providing students with the technical skills, global perspective and practical experience they will need to manage the complex realities facing the global energy system in the 21st century. Who should apply? The Strathclyde GEM post-graduate degree is aimed at highly-motivated, outstanding individuals who already hold a fi rst degree or have work experience in energy-related fi elds or wish to gain the expertise needed to work in them. Financing your studies You are advised to research how you are going to fi nance your studies as early as possible. UK students can apply to loan schemes to fund their studies and non-uk students usually raise their own fi nances through bank loans or scholarships. Potential students should ideally have a fi rst degree with a minimum 2:1 standing but applications are welcome from candidates with signifi cant high calibre industry or government experience Admissions information For students whose fi rst language is not English, please check the International and Recruitment offi ce web-pages www.strath.ac.uk/rio/prospective/ english/ for the latest IELTS and TOEFL scores required to study. It is advisable that students register their interest early due to the restricted number of spaces available. Fees For full details of current fees for this programme, please refer to www.strath.ac.uk/economics/gem Details of university scholarships are available at www.strath.ac.uk/search/ scholarships/ Contact us For more details contact us using the details below. Director of MSc in Global Energy Management Department of Economics University of Strathclyde 130 Rottenrow Glasgow G4 0GE Scotland, UK email: pgecon@strath.ac.uk telephone: +44 (0) 141 548 3871 fax: +44 (0)141 548 4445
Colleagues on the MBA are from a diversity of backgrounds, coming into the course with a cultural richness and industrial experience that makes one-to-one and group interactions an enlightening experience of knowledge-sharing. Julius Abensur, full-time MBA 2009-10 11
Great location A stunning city in its own right, Glasgow is just minutes from some of the most beautiful parts of the country the rugged west coast, Loch Lomond and Burns country are all on our doorstep. Scotland Scotland is one of Europe s most unique destinations, famed for its history, its castles, its scenery, its lively cities, its warm hospitality and its traditions. It is a small yet wildly diverse country and the very size of the land is one of its attributes, allowing the visitor to travel the length and breadth of the country easily and often. Scotland is renowned for the quality of its produce. Home to the world s fi nest shellfi sh and fi sh too numerous to name, Scotland also produces some of the fi nest lamb and beef, raspberries, strawberries and blackberries, a whole host of game including venison, grouse and pheasant, and myriad locally produced cheeses. And, of course, the iconic whisky and haggis! A growing culture of eating out has ensured Scottish cuisine is something to be proud of. Outdoor activities are plentiful in Scotland. In the home of golf, places such as Gleneagles, Carnoustie and St Andrews Old Course are synonymous with worldclass golf. Other activities to be enjoyed in Scotland include walking, climbing, skiing, white water rafting, sailing. Culture is also important in Scotland of course, there is the world famous Edinburgh International Festival, but there are numerous festivals and events throughout Scotland all year round in both towns and cities. Glasgow Glasgow is Scotland s biggest city but its position and excellent transport links mean all other parts of the country are easy and quick to access. A stunning city in its own right, Glasgow is just minutes from some of the most beautiful parts of the country the rugged west coast, Loch Lomond and Burns country are all on our doorstep. Named variously as European City of Culture, UK City of Architecture and Design and European Capital of Sport, Glasgow is not content to rest on its laurels, making it a vibrant and exciting place to live. Visitors attest to the fact that Glasgow offers great experiences, whether that is through culture, history, entertainment, food and drink, shopping or a taste of all of these! Glasgow is home to Scottish Opera, Scottish Ballet and the Royal Scottish National Orchestra. Art galleries include the Burrell collection which has a unique display of art objects from across the world, the Lighthouse, where a Charles Rennie Mackintosh conversion houses a variety of exhibitions on art and architecture, and the Gallery of Modern Art, displaying the work of living artists from across the world. The Glasgow Science Centre, Scotland s fl agship Millennium project, is one of the city s newest attractions. Others include the People s Palace in the east end, House for an Art Lover in the south of the city, and the botanic gardens in the west end. Glasgow enjoys Excellent transport links with Europe and elsewhere. Glasgow airport is 20 minutes from the city centre. Proximity to Scotland s parliament only 50 minutes by train to Edinburgh. Easy access to some of Scotland s most stunning scenery, and outdoor leisure facilities including world-class golf courses. A vibrant cultural scene home to Scottish Opera and Ballet, the Royal National Orchestra and the Royal Concert Hall which regularly attracts artists of world standing. There are 26 public art galleries and museums. A lively nightlife with numerous theatres, cinemas, restaurants and nightclubs. Shopping facilities Glasgow has the best shopping experience outside London.
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Glasgow is regenerating and evolving at a dizzying pace style cats beware, this city is edgy, modish and downright ballsy. LonelyPlanet.com Surroundings and Facilities SBS is situated in a modern building in the heart of Glasgow s city centre. Designed to meet the demands of both corporate clients and students, it is purpose-built to facilitate study, interaction and work and is equipped with up-to-date computing and technology facilities, study areas and its own café. With the campus village a few minutes walk away, and plenty of city centre offcampus accommodation available, SBS is an ideal location for those pursuing full-time study. University support services and facilities In addition to the services and facilities provided by SBS, the University itself provides you with a wide range of support services to assist you in your studies or leisure time, and for help or advice. All the main University facilities are available to our course members and include: University Library Sports Centre Student and Occupational Health Service Special Needs Service 15
For general information on the MSc in Global Energy Management or any of our other programmes please contact us at: Director of MSc in Global Energy Management, Department of Economics, University of Strathclyde, 130 Rottenrow, Glasgow G4 0GE, Scotland, UK email: pgecon@strath.ac.uk telephone: +44 (0) 141 548 3871 fax: +44 (0)141 548 4445 www.strath.ac.uk/economics/gem