Master of Oil and Gas Accounting and Finance
Course Overview
The Master of Oil and Gas Accounting and Finance is an UK Level 7 postgraduate qualification at the London School of Oil and Gas Management, delivered across on-campus, online and distance learning routes over 1 to 2 years. The programme develops research-informed senior practice capability in oil and gas accounting and finance, with syllabus content aligned to Energy Institute (EI) and International Association for Energy Economics (IAEE) frameworks and grounded in City energy finance desks, extractives audit teams and treasury functions.
By the point of award, you will be closing with a dissertation, capstone or sponsor consulting project and stepping into senior technical, commercial or leadership roles. Every module builds toward evidenced competence in reserves-based lending, production sharing economics and IFRS 6, with practice-based assessment rather than examination-heavy coursework.
Key Features
- Syllabus benchmarked against Energy Institute (EI) and International Association for Energy Economics (IAEE) standards for oil and gas accounting and finance.
- Weekly seminar-led teaching with named programme-tutor support across all three study modes.
- Focus on reserves-based lending and production sharing economics, delivered through applied case work rather than passive lecture.
- Assessment centred on real deliverables: reserves-based lending models, PSC economic models and reserves audits.
- Guest sessions with practising engineers, HSE specialists and energy economists drawn from Institution of Occupational Safety and Health (IOSH).
- Formal alignment with UK sector practice, including National Examination Board in Occupational Safety and Health (NEBOSH) frameworks where relevant to oil and gas accounting and finance.
- Careers-service support with CV, portfolio and interview preparation targeted at Energy Economics, Finance & HSE employers.
What You Will Learn
- Interpret core concepts and terminology in oil and gas accounting and finance at research-informed senior practice level.
- Produce reserves-based lending models that reflect UK sector practice for Energy Economics, Finance & HSE.
- Apply reserves-based lending and production sharing economics to structured problems drawn from City energy finance desks, extractives audit teams and treasury functions.
- Build PSC economic models and defend the underlying assumptions in a technical review.
- Assess risk, safety and commercial implications of decisions in oil and gas accounting and finance.
- Communicate technical findings clearly to non-specialist stakeholders and executive sponsors.
- Interpret IFRS 6 and petroleum tax within a live operating or commercial context.
- Draft reserves audits and tax memoranda to a standard suitable for sign-off by a chartered supervisor.
Who This Course Is For
- Graduates and senior professionals entering the oil, gas and energy sector for the first time.
- Career changers from adjacent technical, engineering or commercial disciplines seeking a structured route into oil and gas accounting and finance.
- Working professionals in the energy sector who need a UK-recognised Master in oil and gas accounting and finance to progress internally.
- International applicants planning to work in UK or European oil, gas and energy operations.
- Applicants using the Master of Oil and Gas Accounting and Finance as a stepping stone into further LSOGM study at the next level.
Career Pathways
- Energy Economist within energy economics, finance & hse functions.
- Oil & Gas Trader within energy economics, finance & hse functions.
- Petroleum Financial Analyst within energy economics, finance & hse functions.
- HSE Manager within energy economics, finance & hse functions.
- Process Safety Engineer within energy economics, finance & hse functions.
- Environmental Compliance Officer within energy economics, finance & hse functions.
The LSOGM careers service supports graduates with sector-specific CV clinics, mock interviews and introductions to recruiting employers across the UK oil, gas and energy sector. Support continues after graduation for alumni working in oil and gas accounting and finance roles.
Entry Requirements
- A UK Bachelor degree at 2:2 or above (or international equivalent) in a relevant discipline.
- Relevant work experience considered in place of formal academic qualifications for senior applicants.
- IELTS 6.5 overall (no band below 6.0) for non-native English speakers.
- Two references, normally one academic and one personal or employer.
- Personal statement covering your research or professional interests.
Why Study at LSOGM
The London School of Oil and Gas Management is a specialist division of Harold International College of London teaching in small, tutor-visible cohorts. LSOGM sits within reach of the City's energy trading floors, the offshore expertise of Aberdeen and the North Sea, and one of the world's densest concentrations of oil, gas and energy sector employers, professional bodies and standards organisations.
Every intake, on-campus, online or by distance learning, joins the same weekly seminar structure with named programme-tutor support. Three parallel study modes make LSOGM programmes accessible around work, family or shift patterns in the energy sector. Curricula are reviewed annually against live employer demand, faculty are practising engineers, HSE specialists and energy economists, and students leave with evidenced capability, from process safety audits to reservoir models to trading briefs. Learners on the Master of Oil and Gas Accounting and Finance benefit specifically from LSOGM positioning close to the City energy trading floors, the North Sea supply chain, and UK regulators and professional bodies working on oil and gas accounting and finance.
Apply for Master of Oil and Gas Accounting and Finance
Take the senior postgraduate track with LSOGM on the Master of Oil and Gas Accounting and Finance. Click Enrol Now. Admissions responds within one working day. Submit your application through the online portal with a short statement of intent covering your interest in oil and gas accounting and finance. Enrol Now.
















