LLM or MSc Energy Economics and Law

12 Months On Campus Masters Program

University of Aberdeen

Program Overview

 

The University of Aberdeen’s MSc Energy Economics and Law is a distinctive interdisciplinary program that blends economic analysis with legal insight, tailored for careers in the global energy sector. It’s ideal for students aiming to work in oil and gas, energy consultancy, investment analysis, or government policy, offering the tools to navigate complex regulatory and financial landscapes.


Curriculum Structure

Semester 1 (Core Foundations):
You’ll begin with a strong foundation in energy economics and legal frameworks. Modules include Licensing and Upstream Taxation, Investment Appraisal Techniques and Risk Analysis, and Principles of Accounting, which build your ability to assess energy projects, understand fiscal regimes, and interpret financial data in energy contexts.

Semester 2 (Advanced Applications):
This term deepens your understanding of global energy markets and regulatory systems. You’ll study Crude Oil Market, Health, Safety and Environmental Regulation, and Oil and Gas Contracts, gaining insight into market dynamics, compliance standards, and legal agreements that shape the energy industry.

Summer (Dissertation):
You’ll complete a 60-credit dissertation on a business-related topic within the Business School, applying your interdisciplinary knowledge to a real-world issue in energy economics or finance.


Focus Areas

Energy economics, oil and gas law, investment appraisal, taxation, environmental regulation, energy contracts.


Learning Outcomes

Critical analysis of energy markets and legal systems, practical skills in investment and risk assessment, interdisciplinary understanding of economics and law, readiness for professional roles in the energy sector.


Professional Alignment (Accreditation)

The Business School is EQUIS accredited — placing it among the top 1% of business schools worldwide — and the program is supported by two leading research centres: the Aberdeen Centre for Research in Energy Economics and Finance (ACREEF) and the Aberdeen University Centre for Energy Law (AUCEL).


Reputation (Employability Rankings)

  • Ranked Top 10 globally for Energy Law (LLM Guide 2025)
  • Ranked Top 15 Law Schools in the UK (Guardian University Guide 2026)
  • Taught by world-renowned experts including Professor Alexander Kemp OBE, a leading authority in energy economics

 

Experiential Learning (Research, Projects, Internships etc.)

 

This program is designed to immerse you in the real-world dynamics of the energy sector, combining rigorous academic study with practical engagement. You’ll learn directly from leading researchers and industry professionals, participate in seminars and group projects, and use analytical tools that reflect current practice in energy economics and law. The university’s facilities and research centres provide a rich environment for hands-on learning and professional development.

Here’s how experiential learning is built into the program:

  • Group projects and individual assignments that simulate real-world energy sector challenges
  • Field trips and guest lectures from multinational energy firms, legal experts, and government agencies
  • Access to the Aberdeen Centre for Research in Energy Economics and Finance (ACREEF) and the Aberdeen University Centre for Energy Law (AUCEL)
  • Research seminars led by globally recognised experts including Professor Alexander Kemp OBE
  • Dissertation project based in the Business School, focused on a business-related topic with real-world relevance
  • Learning resources include the Sir Duncan Rice Library and modern campus facilities designed to support interdisciplinary research

 

Progression & Future Opportunities

 

Graduates of this interdisciplinary program are highly sought after in the global energy sector, where the ability to navigate both economic and legal dimensions is a major asset. Many go on to work in roles such as energy analyst, oil and gas consultant, legal advisor, or regulatory affairs specialist. You’ll be equipped to contribute to multinational energy firms, government agencies, and financial institutions.

Here’s how the University of Aberdeen supports your next steps:

  • Access to the Careers and Employability Service, which offers tailored support including employer networking events, CV and interview coaching, and sector-specific career planning
  • Strong links with industry through the Aberdeen Centre for Research in Energy Economics and Finance (ACREEF) and the Aberdeen University Centre for Energy Law (AUCEL), both of which host guest lectures and research seminars with energy professionals
  • The Business School is EQUIS accredited, placing it among the top 1% of business schools worldwide — a mark of long-term value for your CV
  • The university’s location in Europe’s energy capital provides proximity to major industry players and policy influencers
  • Graduates from Aberdeen’s energy programs have gone on to work at Shell, BP, Wood Mackenzie, and national governments

Further Academic Progression:
This MSc also provides a strong foundation for doctoral study in energy economics, energy law, or interdisciplinary research. You’ll be well-prepared to pursue a PhD at Aberdeen or other leading institutions, especially if you choose a dissertation topic aligned with current global energy challenges.

 

Program Key Stats

£26,250 (Annual cost)
£12,200
Sept Intake : 1st Jan


78 %

Eligibility Criteria

3
3 or 4 Years

N/A
N/A
N/A
6.5
90
2:2

Additional Information & Requirements

Career Options

  • Commercial Advisers
  • Energy Consultants
  • Investment Analysts
  • Market Analysts
  • and Oil and Gas Associates

Book Free Session with Our Admission Experts

Admission Experts