Why study this course?
The MSc in Energy Policy and Finance provides students with the knowledge, skills, and ways of thinking necessary to help shape better energy futures.
Over the course of this one-year masters programme, guided by world-class research leaders from the University of ÐÓ°ÉÂÛ̳, students will:
- investigate energy circumstances and inequalities, particularly in the context of energy transitions climate responsibilities
- explore energy and climate change policy in historical and socio-political contexts, and develop skills in engaging with policy realm and conducting policy evaluation
- develop critical understanding of energy finance, and practical skills in financial analysis as it applies to energy markets and energy policy
- design and deliver an independent research project
The course will be of particular value if you are looking to follow a career in energy policy, energy governance, energy industries and energy finance, or if you are planning to go into further energy-related research.
Highlights
- Equips students with knowledge, understanding, but also a range of practical skills in energy policy and finance.
- A comprehensive and integrated interdisciplinary character gives this programme a remarkable richness and depth compared with conventional energy degrees.
- The course is specifically designed to connect academic learning with the development of personal and professional competencies and career trajectories.
- Teaching is delivered by leading experts from across the University of St Andrews and its Centre for Energy Ethics, with input from external partners representing the realms of industry, policy, and finance.
The MSc in Energy Policy and Finance is a flagship course for the . The Centre is truly interdisciplinary in its ethos, vision, and scope, bringing together researchers across the Arts, Humanities, and the Social and Natural Sciences to create an inspiring dynamic and inclusive research environment in which to pursue issues of energy ethics.
Applications will be reviewed on a rolling basis. The applications window may close before the final deadline if all the spaces have been filled, in which case two weeks’ notice will be given.
Different scholarship schemes will have their own deadlines, which are likely to be significantly earlier than the final deadline for application for admission to the course.
Teaching
Delivered through seminars, workshops, lectures, tutorials, group work and independent study.
Assessment
May include a mix of essays, presentations, reports, posters, quantitative data analysis, group assignments, practical exercises, policy briefs, and blog entries.
Modules
The available optional modules will be confirmed before the MSc start date.
Course information may change. Module information and course content, teaching and assessment may change each year and after you have accepted your offer to study at the University of ÐÓ°ÉÂÛ̳. We display the most up-to-date information possible, but this could be from a previous academic year. For the latest module information, see the module catalogue.
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- Energy Inequalities and Climate Responsibilities: covering the geopolitics of energy, humanitarian energy, energy justice frameworks and energy challenges today, this module will provide students with a nuanced, empirically grounded, and geographically attuned understandings of energy inequities and climate responsibilities.
- Energy Markets and Finance: the module will provide students with a strong interdisciplinary understanding of financial markets and equip them with analytical skills used by industry and governmental analysts in day-to-day practice.
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- Energy and Climate Change Policy: the module provides students with a strong interdisciplinary understanding of key issues in energy policy, equips them with the essential analytical skills needed to evaluate the effectiveness of policies, and enable them to become active contributors to energy policy making.
- Optional module: In semester 2, you will be able to select an optional module to allow you to broaden your learning in key topics relevant to the MSc. It will also allow you to shape the degree around your own personal and professional interests.
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The final part of the MSc in Energy Finance and Policy is the end-of-degree project. This takes the form of a period of supervised research where you will explore an energy topic in depth.
Through the project, you will demonstrate your ability to undertake sustained critical analysis, develop and improve your research skills, and produce an extended piece of written work that evidences a high level of understanding of your area of study.
You can choose to present your end-of-degree project in one of the following ways:
- a policy report that emphasises your ability to critically assess policy and make convincing recommendations for policy changes
- a written dissertation that emphasises your ability to plan and execute academically rigorous research
If students choose not to complete the project requirement for the MSc, there is an exit award available that allows suitably qualified candidates to receive a postgraduate diploma. By choosing an exit award, you will finish your degree at the end of the second semester of study and receive a PGDip instead of an MSc.
What it will lead to
Careers
ÐÓ°ÉÂÛ̳ Andrews’ global reputation makes its graduates highly valued by employers. Energy Policy and Finance is a fast-growing area of research and students graduating from this programme will be well placed to undertake further research in the UK and overseas.
There is a substantial demand from industry and government for graduates who have had the kind of training this programme provides and acquired the necessary skills in ethical awareness and environmental sustainability.
In addition to broadening your subject knowledge and applying established techniques of research and enquiry, you will develop and demonstrate essential skills including:
- critical thinking and creativity
- analysis, evaluation and appraisal
- problem solving and decision making
- personal leadership and project management
- interpersonal communication and team working
The University also offers two awards for all students known as the Saints Skills Awards. You can develop a range of skills through the Skills Builder Award or learn how to best articulate them through the Skills Spotlight Award. These skills are highly valued by employers and the awards are a good addition to your CV.
Further study
ÐÓ°ÉÂÛ̳ offers a vibrant and stimulating research environment. One of the great strengths of our research degrees is the collegiate atmosphere which enables access to expertise beyond your formal supervisors and the ability to conduct interdisciplinary research.
Research students are supported by a supervisory team throughout their studies and are assessed by means of a substantial thesis of original research.
Why ÐÓ°ÉÂÛ̳?
Alumni
When you graduate you become a member of the University's worldwide alumni community. Benefit from access to alumni clubs, the Saint Connect networking and mentoring platform, and careers support.
Ask a student
If you are interested in learning what it's like to be a student at ÐÓ°ÉÂÛ̳ you can speak to one of our student ambassadors. They'll let you know about their top tips, best study spots, favourite traditions and more.
Entry requirements
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We encourage applicants from a diverse range of academic and professional backgrounds to apply, creating an excellent environment for interdisciplinary shared learning.
We welcome both recent graduates, and applicants at different stages of their professional careers.
- A 2.1 Honours undergraduate degree. If you studied your first degree outside the UK, see the international entry requirements.
- English language proficiency. See English language tests and qualifications.
- Applicants disciplinary backgrounds may include but are not limited to:Politics, Public Policy, Sociology, Geography, Management, Engineering, Economics & Finance, Business, International Relations and Anthropology.
- Quantitative computation and analysis are some of the key components of the programme. Students are expected to have good numerical skills. Pre-sessional online training will be provided to support skills development with a focus on quantitative computational methods.
The qualifications listed are indicative minimum requirements for entry. Some academic Schools will ask applicants to achieve significantly higher marks than the minimum. Obtaining the listed entry requirements will not guarantee you a place, as the University considers all aspects of every application including, where applicable, the writing sample, personal statement, and supporting documents.
Application requirements
- A CV that includes your personal details with a history of your education and employment to date.
- A personal statement of purpose, which should be typed, double-spaced, and no more than 1,000 words, addressing the following questions:
- What key experiences (academic, professional, and or other) have contributed to your commitment to work on energy issues?
- What are your personal and/or professional goals?
- And why is enrolment in the MSc in Energy Policy and Finance critical in helping you achieve your goals?
- Two original signed references. If you completed your last degree within the last three years, at least one of those references must be an academic reference. Professional references are also welcome.
- Academic transcripts and degree certificates.
For more guidance, see supporting documents and references for postgraduate taught programmes.
English language proficiency
If English is not your first language, you may need to provide an English language test score to evidence your English language ability. See approved English language tests and scores for this course.
Fees and funding
- UK: £14,850
- Rest of the world: £29,990
Before we can begin processing your application, a payment of an application fee of £50 is required. In some instances, you may be eligible for an application fee waiver. Details of this, along with information on our tuition fees, can be found on the postgraduate fees and funding page.
Scholarships and funding
We are committed to supporting you through your studies, regardless of your financial circumstances. You may be eligible for scholarships, discounts or other support:
Contact us
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Information about all programmes from previous years of entry can be found in the .
Curriculum development
As a research intensive institution, the University ensures that its teaching references the research interests of its staff, which may change from time to time. As a result, programmes are regularly reviewed with the aim of enhancing students' learning experience. Our approach to course revision is described online.
Tuition fees
The University will clarify compulsory fees and charges it requires any student to pay at the time of offer. The offer will also clarify conditions for any variation of fees. The University’s approach to fee setting is described online.
Page last updated: 17 March 2025