About Law And Economics Of Oil And Gas, Msc in University of Aberdeen

The global oil and gas sector operates in a complex environment characterised by various influential factors such as government-controlled hydrocarbons, financial markets, the global crude oil market, economic uncertainty, licensing, taxation and contracts. These factors have a significant influence on both investment decision-making and government policy-making, so a comprehensive knowledge of related economics and law is essential. On this course, you will gain the real-world knowledge you need to enhance your career opportunities in legal and financial oil and gas contexts.

The University of Aberdeen is a global leader in teaching and research in the field of energy and this MSc builds on our considerable strengths in these areas. Our Business School is home to two relevant and internationally recognised research centres: the Aberdeen Centre for Research in Energy Economics and Finance and the Aberdeen University Centre for Energy Law. Studying here, you will benefit from interacting with leading researchers in the field of energy economics and law – including one of the world’s best recognised energy experts, Professor Alex Kemp OBE – and with a broad network of national and multi-national employers through our visiting speaker programme.

How You'll Study

You will have the opportunity to explore a range of themes to sharpen your critical analysis of key current global challenges and issues. These include Licensing and Upstream Taxation; Investment Appraisal Techniques and Risk Analysis; Health, Safety and Environmental Regulation; Crude Oil Market; Principles of Accounting; and Oil and Gas Contracts. You will take part in a broad range of stimulating lectures, seminars and tutorials with both lecturers and visiting industry practitioners.

Learning Methods

• FIELD TRIPS
• GROUP PROJECTS
• INDIVIDUAL PROJECTS
• LECTURES
• RESEARCH
• SEMINARS
• TUTORIALS

Why Study Law and Economics of Oil and Gas?

This intellectually challenging programme will equip you with the intellectual, critical and practical skills fundamental to a successful career in this area of oil and gas. You will engage directly with professional practice, multi-nationals and government agencies. You will:

• Acquire the global perspectives essential to professional success
• Develop critical insights into current and emerging approaches
• Gain a well-rounded skillset with the tools to succeed
• Obtain insights into commercially oriented analysis
• Strengthen your capacity for social, geographical and cultural mobility

Careers

Career opportunities range from positions within oil and gas companies, international law firms or government ministries. Past graduates have gone on to be Commercial Advisers, Energy Consultants, Investment Analysts, Market Analysts, and Oil and Gas Associates. Others have gone on to complete a PhD, or to pursue careers in politics, business or international finance.

CAREER OPPORTUNITIES

• Commercial Adviser
• Energy and Business Consultant
• Investment Analyst
• Market Analyst
• Oil and Gas Associates
• Project Manager

Academic qualification equivalents

• A score of 50 - 70% from a well ranked public institution is considered comparable to a UK 2.2

English language requirements (one of the below):

• IELTS       :     Overall - 6.5     with: Listening - 5.5; Reading - 6.0; Speaking - 5.5; Writing - 6.0
• TOEFL     :     Overall - 90      with: Listening - 17; Reading - 21; Speaking - 20; Writing - 21
• PTE          :     Overall - 62      with: Listening - 51; Reading - 54; Speaking - 51; Writing - 54

University of Aberdeen Highlights

University of Aberdeen Tuition Fees And Other Expenses

Aberdeen manages to provide a fixed fee structure throughout the program for international students so that they can project the amount in advance.

• The undergraduate arts fee starts from £17,200 and for sciences, it’s around £19,700.
• The postgraduate fee is variable and depends upon the degree chosen and discount of around 20% can be availed by Alumni of college
• For Undergraduate arts degree annual fee is of £ 17,200 which adds up for £68,800 and for engineering it is £19,700 and a total of £78,800.
• As per the calculation done by college the minimum cost of living in the U.K which covers all the basic expenses is around £1,000.

Aberdeen University Cost of Attendance

Aberdeen manages to provide a fixed fee structure throughout the program for international students so that they can project the amount in advance. Details for 2021-2022 academic session are tabulated below: