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MSc in Energy and Finance

How to apply

The Programme

The Programme

Given the continuously and steadily increasing global demand for new energy supply infrastructure, financing these projects will be an unprecedented challenge for banks, governments, regulators and capital markets. It is apparent that the need for a coherent interdisciplinary training in the fields of energy and finance/economics is more than imperative.

Towards this direction, the International Hellenic University offers a carefully-structured interdisciplinary graduate programme the MSc in Energy and Finance. The MSc in Energy and Finance delivers to its participants all these skills that are essential for managerial, advisory and academic positions in the financial and the energy sector. The graduates of the programme will develop the ability to execute in depth research, to critically evaluate and to synthesize their own ideas, on the frequently encountered energy-related financial issues. At the same time, great emphasis is placed on the practical aspects of all topics covered by the programme, examining real-world problems using data analysis in the energy and financial industry.

The MSc in Energy and Finance is designed for university graduates (who wish to gain further expertise in the financial and economic aspects of the energy sector) with the following academic backgrounds: Business/Economics, Engineering, Geotechnical as well as Natural Sciences. Leading academics from prestigious academic institutions from Greece and abroad, together with instructors from public authorities and key players from energy and financial related organizations, teach in the programme.

 

The Structure

The MSc in Energy and Finance (full-time) is a 14-month programme taught over three terms. Lectures mainly take place on weekday evenings. The MSc in Energy and Finance is also available in part-time mode over 26 months for those who cannot commit to a full-time programme either for work or other reasons.

During the first term, students are required to follow five mandatory core courses. During the second term, students are required to follow three mandatory core courses tailoring their programme further by two elective courses. Finally, in the third semester, work is dedicated exclusively to the Master's dissertation. The dissertation provides an opportunity to apply theory and concepts gained during the year to a real-world problem.

 

Applications are open!

 

Programme brochure

 

Programme announcements

 

Downloads

 

Courses

Courses

During the second term students tailor their programme further by choosing elective courses. The choice of elective courses must sum up to 12 ECTS (2 courses). Some of the elective courses may not be offered, depending on student demand.

 

1st Term Core Courses

 

2nd Term Core Courses

 

2nd Term Elective Courses

 

Dissertation

Dissertation

During the third semester, students work on their Master’s Dissertation project, the thematic area of which is relevant to their programme of studies and their interests. The dissertation is the opportunity to apply theory and concepts learned in different courses to a real-world problem or research question. Students are supervised throughout their projects by a member of the academic faculty and the academic assistants of the School. After submission of the dissertation, students present their projects to classmates and faculty at a special event.

In collaboration with our academic associates and their supervisors, several students in the past have managed in publishing their dissertation projects in peer-reviewed journals, working papers series or presenting them at international conferences. An indicative list of student publications includes:

  • Apergis, N. and G. Vouzavalis (2018). Asymmetric pass through of oil prices to gasoline prices: Evidence from a new country sample. Energy Policy 114, 519-528.
  • Missiou, O. and D. Psychoyios (2017). Estimating the size of Shadow Economy with Electricity Consumption Method. Proceedings of the European Financial Management Association 2017 Annual Meetings June 28- July 1, 2017 Athens, Greece.
  • Charalampous, G. and R. Madlener (2013). Risk Management and Portfolio Optimization for Gas- and Coal-fired Power Plants in Germany: A Multivariate GARCH Approach. FCN Working Papers 23/2013, E.ON Energy Research Center, Future Energy Consumer Needs and Behavior (FCN).
  • Charalampous, G. and R. Madlener (2013). Risk Management and Portfolio Optimization for Gas- and Coal-fired Power Plants in Germany: A Multivariate GARCH Approach.  Proceedings of 14th IAEE European Energy Conference, Rome, Italy.
  • Christofidou G., Τ. Dergiades and R. Madlener (2012). The Nexus between Natural Gas Spot and Futures Prices at NYMEX: Do Weather Shocks and Non-Linear Causality in Low Frequencies Matter? FCN Working Papers 17/2012, E.ON Energy Research Center, Future Energy Consumer Needs and Behavior (FCN).

 

Labs

Labs

Students make extensive use of our recently set up Energy Lab. Facilities include a brand new computer-controlled Photovoltaic system, a computer-controlled Solar Thermal system, a computer controlled PEM Fuel cell, a computer controlled stirling engine, a 15kW organic Rankine cycle, a wind tunnel as well as an IR camera and environmental meters that students use during their studies and dissertation research.

 

Career paths

Career paths

After the completion of the MSc programme in the Energy and Finance students may apply into positions in the energy and financial sector as well, which call for:

  • Energy financial analyst
  • Trading energy commodities
  • Forecasting future energy markets trends
  • Financial Modeling
  • Monitoring and managing risk exposure
  • Statistical analysis of energy related data
  • Energy policy, research and analysis

In addition to technical skills gained through study, our students benefit from the University's excellent Careers Office in order to attain essential Soft Skills (e.g. communication skills, interview preparation, CV writing etc.) to better prepare for the job market.