Heriot Watt University UK United Kingdom

Energy and Economics

Integrated Masters with deeper specialization and research focus
Taught in English
Duration 1 Years
Mode On Campus
Level Postgraduate
Degree Masters Degree
Closing soon September 2026

Course Overview

The MSc Energy and Economics at Heriot-Watt University UK offers you a distinctive pathway to understanding and influencing the critical global energy landscape. This postgraduate degree is designed for individuals with a strong analytical background seeking to apply economic principles to the complex challenges of energy production, consumption, and environmental impact. You will explore foundational concepts in environmental and energy economics, preparing you to critically assess energy systems and policy from a socio-economic perspective. This programme equips you with specialist knowledge crucial for navigating the dynamic energy sector.

You will engage in a rigorous academic journey, studied full-time on campus over one year, combining core economic principles with specialised optional courses in areas like renewable energy technologies, demand management, and financial analysis. A significant component of your studies will be an individual masters dissertation, allowing you to conduct in-depth research on a current energy economics theme under expert supervision. You will graduate with highly sought-after analytical skills, ready for impactful careers in energy consulting, policy analysis, or economic roles within the energy industry, business, and governmental organisations.

Course Curriculum & Details

Detailed information for serious evaluators

Program Overview

This course explores the fundamental principles of energy and its economic implications. Students will delve into the foundations of energy systems and examine the intersection of environmental and energy economics. A range of optional topics allows for specialization in areas such as electrical power systems, renewable energy technologies, demand management, and financial analysis within the energy sector.

1 CORE COURSES:

Foundations of energy
Environmental and energy economics

2 OPTIONAL COURSES:

Electrical power systems
High voltage
Sustainable processing
Process intensification
Renewable energy technologies
CFD and heat transfer
Demand management and energy storage
Heat transfer and heat exchangers
Strategic project management
Financial analysis
Quality management and engineering
Project management
Systems things and analysis
Emerging financial markets
Energy systems and buildings
Development economics
Ventilation and air conditioning
Research methods
Critical analysis and research project planning

Cost & Affordability

A clear picture of what this course will cost you

Program Costs

14% off
First Year Fee Tuition fee
USD 25,524.00 USD 29,564.00
Total Program Cost Estimated total tuition
USD 25,524.00 USD 29,564.00

Currency note: Program costs shown in USD based on the available tuition breakdown.

Living Costs

Accommodation
USD 503.00 - USD 2,667.00
Food & Groceries USD 4,833.00 - USD 6,444.00
Transport USD 967.00 - USD 1,128.00
Utilities & Bills USD 2,417.00 - USD 6,847.00
Estimated Total USD 8,217.00 - USD 14,419.00

Living cost estimates are based on Edinburgh Campus.

Outcomes & Employability

What happens after you graduate

84%
Graduate Employment Rate Within 6 to 12 months of graduation

Common Graduate Roles

Artificial Intelligence & Machine LearningCommercial & Industrial ConstructionElectrical & Mechanical InstallationFinancial Technology (Fintech)Health, Safety & Environment (HSE)Nuclear EnergyProduct Design & PrototypingRail & Mass TransitReal Estate DevelopmentUrban Mobility & Smart Transport

Top Employers Hiring for this course

AECOM

Arup

Deloitte

EY

Lloyds Banking Group

NatWest Group

SLB

Shell

Why Study Energy and Economics at Heriot Watt University UK

What makes this program stand out

September 2026 Closing soon

Next intake is in September 2026

Life at Heriot Watt University UK in United Kingdom

What daily life looks like for international students

Language

English

Primary language everywhere

Climate

Mild & Rainy

10-20°C average, pack layers

Safety (Numbeo Safety Index)

Very Safe

Exeter is one of UK's safest cities

Frequently Asked Questions

Common questions about Energy and Economics at Heriot Watt University UK

Can I work while studying?

International students in degree courses can work up to 20 hours per week during term time and full-time during breaks without needing a separate work permit.

What English language score do I need for this course?

To meet English language requirements, TOEFL scores must include at least a 17 in listening, a total of 79, and minimum scores of 18 in reading, 20 in speaking, and 21 in writing. For IELTS, the overall score should be 6.0 with specific minimums in each section.

What jobs can I get after studying this course?

Career opportunities include energy consultant, energy economist, policy analyst, and roles within government regulation.

What will I actually study in this course?

This program focuses on current energy issues and equips you with tools for economic analysis related to energy resources. It aims to develop skills for measuring environmental and socio-economic impacts within the energy sector.

When can I start — what are the intake months?

The MSc Energy and Economics program has an intake month in September, allowing you to start your studies at the beginning of the academic year.
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