How long does the MSc Petroleum Economics take to complete?

The MSc Petroleum Economics runs across a duration band of 12 to 18 months full postgraduate route, with the MSc Petroleum Economics delivered flexibly to suit UK and international applicants studying full or part time.

Is the MSc Petroleum Economics available online or on campus?

Yes, the MSc Petroleum Economics is offered on both Online and On-Campus routes at LSPE London, letting applicants pick the format that best fits their working commitments and personal circumstances.

Is the MSc Petroleum Economics recognised in the UK and internationally?

The MSc Petroleum Economics is delivered by LSPE, part of Harold International College of London, and is aligned with UK and international energy bodies. The MSc Petroleum Economics is designed to signal structured, industry-referenced study to employers worldwide.

What are the entry requirements for the MSc Petroleum Economics?

Entry requirements for the MSc Petroleum Economics follow LSPE's Master (MSc / MBA / MA) standards, including relevant prior study or professional experience plus the English-language and reference expectations detailed in the Entry Requirements section above.

How is the MSc Petroleum Economics funded, and what are the fee options?

LSPE offers structured payment plans for the MSc Petroleum Economics, including instalment options, employer-sponsorship routes and country-specific arrangements. Speak to the admissions team for the current fee position for the MSc Petroleum Economics.

MSc Petroleum Economics | LSPE | Harold International College of London

Course Overview

The MSc Petroleum Economics is a Master (MSc / MBA / MA) route delivered by the London School of Petroleum and Energy (LSPE), a specialist division of Harold International College of London. The programme runs across a duration band of 12 to 18 months full postgraduate route and is designed to develop research-informed executive command of research-informed petroleum economics at master's level, combining quantitative modelling with policy, fiscal design and portfolio choice. Content is aligned with recognised UK and international energy bodies, and reflects the way modern petroleum, energy and transition businesses actually work in practice.

By the end of the MSc Petroleum Economics, students are able to speak the language of the petroleum & energy management function with confidence, apply structured tools to advanced petroleum economics and quantitative and econometric modelling, and step into their next role or further study route with credible, industry-referenced study behind them. The MSc Petroleum Economics sits inside LSPE's Petroleum & Energy Management portfolio and connects deliberately to adjacent programmes covering fiscal and policy analysis and portfolio and investment appraisal, so students can move sideways or upward through the LSPE portfolio without losing continuity.

Key Features

Delivered by former upstream and downstream petroleum managers, refining leaders and offshore operators
Programme content aligned with the Energy Institute (UK), Society of Petroleum Engineers (SPE) and Institution of Chemical Engineers (IChemE) reference frameworks
Reference to OGUK / Offshore Energies UK standards on integrity and operational safety
International context drawn from IEA and API sector publications
On-campus and online routes for UK and international applicants
Careers support covering integrated oil and gas majors, independent operators, refining businesses and LNG operators
Clean articulation into further LSPE Advanced Diploma, Higher Diploma and degree routes

What You Will Learn

Design and defend an advanced dissertation in petroleum economics
Apply econometric techniques to petroleum production and pricing data
Model fiscal regimes, tax structures and rent-sharing across jurisdictions
Lead portfolio and investment appraisals at senior analyst level
Integrate transition risk into long-run petroleum economics analysis
Present research findings to academic and industry audiences
Coordinate structured research projects with external energy partners
Contribute to internal committees advising on capital allocation

Who This Course Is For

Graduates with a first degree in economics, finance, engineering or related fields
Petroleum analysts moving into senior evaluation and strategy roles
International learners targeting a UK master's in petroleum economics
Consultants and advisors deepening their evaluation practice
Public-sector economists working on petroleum revenue and fiscal design

Career Pathways

Petroleum Operations Manager
Energy Systems Manager
Petroleum Business Manager
Energy Programme Manager
Oil & Gas Project Manager
Energy Resource Planner
Head of Energy Operations
Executive Director, Energy Operations

LSPE careers services support students on the MSc Petroleum Economics with CV, LinkedIn and interview coaching, plus structured introductions to UK and international petroleum & energy management employers. Typical destinations span integrated operators, independent upstream and downstream businesses, service contractors, energy trading houses, renewables developers, energy consultancies, utility operators, government energy departments and sovereign wealth funds active across the sector. LSPE careers work is anchored in the reality that petroleum & energy management teams recruit for sector fluency, technical judgement and clear communication in equal measure, and the MSc Petroleum Economics is written to develop all three.

Entry Requirements

A UK 2:2 (Lower Second Class) honours degree or overseas equivalent in any discipline
Applicants without a first degree may be considered with 5+ years of senior petroleum, energy, renewables or utilities experience
IELTS 6.5 overall (no band under 6.0) or equivalent English proficiency
A 500-word research statement covering the applicant's chosen area of energy specialisation
Two academic or professional references and a short interview

Every element of the MSc Petroleum Economics references live sector practice, drawn from the international bodies noted above and from LSPE faculty who have led petroleum & energy management teams in operating, trading and consulting businesses. Applicants finish the MSc Petroleum Economics with a study record that reads clearly against employer expectations across UK and international petroleum & energy management functions, and with a clear articulation route into higher LSPE study for those who want to keep progressing.

Why Study at LSPE

LSPE is the London School of Petroleum and Energy, a specialist division of Harold International College of London focused on the operational, commercial, financial and strategic disciplines that run modern petroleum, energy, renewables and energy-transition businesses worldwide. Every LSPE programme is aligned with recognised UK and international energy bodies including the Energy Institute (UK), the Society of Petroleum Engineers, the Institution of Chemical Engineers, the International Energy Agency, the International Renewable Energy Agency and the Chartered Management Institute, so graduates step into the sector with credible, industry-referenced study behind them.

Our curriculum is written by former upstream and downstream petroleum managers, energy traders, refinery operations leaders, energy economists, renewables project directors and sustainability practitioners, and delivered across on-campus and online routes to fit working professionals and international students alike. Students on every LSPE route are supported by dedicated career services covering CV, LinkedIn, interview coaching and structured introductions to UK and international oil, gas and energy operators, renewables developers, energy trading houses, consultancies and government bodies. LSPE's articulation model means every Certificate and Diploma leads cleanly into an Advanced Diploma, Higher Diploma and full honours degree, with Master's routes for those aiming at senior energy management, consultancy, trading and executive roles.

Apply for MSc Petroleum Economics

Advance into executive energy leadership with LSPE by joining the MSc Petroleum Economics at LSPE. Complete the online application to be considered for the next intake and start developing research-informed executive command of research-informed petroleum economics at master's level, combining quantitative modelling with policy, fiscal design and portfolio choice. The LSPE admissions team is on hand to answer questions about the MSc Petroleum Economics, fee options, articulation into higher LSPE routes, and the on-campus and online study modes. Enrol Now.