Doctor of Philosophy in Petroleum Engineering (Ph.D.)

Admission to the University of Houston Ph.D. Program in Petroleum Engineering will require the following:

  • GRE — An acceptable score within the Cullen College of Engineering standard on the Verbal, Quantitative, and Analytical portions of the Graduate Record Examination. 
  • LETTERS — Three letters of recommendation from recognized academic or industyr professionals who can attest to the applicant’s capability for independent and creative thinking for the graduate level research in petroleum engineering.
  • STATEMENT — A written statement of the applicant’s professional goals.
  • APPROVAL — Approval by the Petroleum Engineering Graduate Committee.

In addition, students required to submit a valid TOEFL/IELTS score, must achieve the minimum Cullen College of Engineering requirement. Click here to learn more about the English Language Proficiency Requirements.

Degree Requirements

Paths to PhD — There are two Paths to the PhD Degree:

  • B.S. to Ph.D. — Direct from B.S. to Ph.D., bypassing the M.S. degree, or by
  • M.S. to Ph.D. — Obtaining an M.S. degree first at UH (or elsewhere).

Both B.S. and M.S. degrees must have been obtained from an accredited institution in Petroleum Engineering or a relevant engineering or scientific discipline. The applicants must maintain a Grade Point Average of 3.5/4.0.

The chart below demonstrates course requirements for either path to PhD.

Students without sufficient background for the required courses must complete leveling courses that will not count toward the degree. Each Ph.D. student must maintain a Grade Point Average (GPA) above 3.50 throughout the Ph.D. program.

Candidacy/Dissertation

The Ph.D. in Petroleum Engineering will require a dissertation. 

  • Ph.D. Dissertation Committee:  During the third semester after the student is enrolled in the Ph.D. program, a dissertation committee will be formed by the student and advisor with approval of the Chair of the Petroleum Engineering Department. The Chair of the Dissertation Committee will be a tenured, tenure-track or research faculty member associated with the Petroleum Engineering Department. The committee shall consist of at least five members including the Chair of the Committee. Among the committee members, a minimum of three members should be associated with Petroleum Engineering Department and two members can be from outside the Department. Members selected from industry should be actively involved in research and will require the approval of the Associate Dean of the College of Engineering to become a committee member.
  • Drilling & Completion
  • Production Engineering
  • Reservoir Engineering
  • Formation Evaluation & Reservoir Characterization
  • Students will be asked to officially select their 3 exams and give notification by email approximately 3 months prior  to the QE.
  • Authors of the exams will provide study guide materials to all exam takers as soon as the students commit to the QE for a certain date. There may be review sessions scheduled by the examiners.
  • Students may not take all 4 exams
  • If a student passes all 3 exams — they become a Candidate
  • If a student passes 2 exams and receives Conditional for the 3rd exam — they do not become a Candidate until the stipulations of the QE Committee are completed. Official notice will be sent to each exam taker.
  • If a student passes 2 out of 3 exams and fails one exam — they need only re-take one exam by either sitting for an oral exam 2 weeks after the original exam or taking the written exam at the next available QE testing date. Students may not switch subjects after failing a QE.
  • If a student fails 2 exams out of 3 — they are considered to fail. They must take all 3 of the written exam at the next available QE testing date. Students may not switch subjects after failing a QE.
  • If a student fails any one QE exam twice — they are subject to dismissal from the PHD program. Sometimes the option to become a Master Degree Student may be offered after dismissal from the PHD program — this is not a guaranteed offer.
  • QE exams will be graded and reviewed by committee and results given to students by the first day of class  following the term the exam preceded.
  • Exams will be archived by the department according to the UH Records and Retention Policy.
  • Proposal Defense : is the ititial dissertation proposal defense/oral presentation given after the student passes the Qualifying Exam and becomes a candidate. The student is required to write a dissertation proposal of his/her proposed research to the dissertation committee members. After the submission of the dissertation proposal, the student must give a public oral presentation of the proposed research to the dissertation committee. Each committee member must indicate acceptance of the preliminary examination with “Satisfactory” or “Unsatisfactory”. Typically, it is held no later than two semesters before a students plan to graduate.  A unanimous “Satisfactory” by the committee members is required.
  • Dissertation Defense:  The Ph.D. candidate must provide the committee members with the final version of the dissertation after the completion of his or her research. After consultation with the committee members, the Ph.D. candidate will defend his or her dissertation at a public oral defense.  The dissertation committee will make the final judgment of the acceptance of the dissertation defense and the contribution of the work to the existing knowledge base of petroleum engineering.

Curriculum 

Of the Total Courses needed for degree, two can be selected outside of the Petroleum Engineering Department Course Offerings. Students will need their advisors consent.

  • Message from the Chair
  • Strategic Plan
  • UH Calendar
  • Open Positions
  • Student Organizations
  • Faculty Expertise
  • Facilities and Laboratories
  • Centers and Consortia
  • Theses and Dissertations
  • Industrial Relations
  • PETR Majors
  • PETR Minors
  • Accreditation
  • Research Resources
  • Costs & Financial Aid
  • Scholarships
  • Masters of PETR (Courses Only)
  • M.S. in PETR (Thesis Option)
  • Ph.D. Program
  • Dual M.S. Degree in Petroleum and Subsea Engineering
  • Class Schedules
  • Certificate Programs
  • Virtual Learning Resources
  • Department Updates
  • Department Publication

Our cookies

We use cookies for three reasons: to give you the best experience on PGS, to make sure the PGS ads you see on other sites are relevant , and to measure website usage. Some of these cookies are necessary to help the site work properly and can’t be switched off. Cookies also support us to provide our services for free, and by click on “Accept” below, you are agreeing to our use of cookies .You can manage your preferences now or at any time.

Privacy overview

We use cookies, which are small text files placed on your computer, to allow the site to work for you, improve your user experience, to provide us with information about how our site is used, and to deliver personalised ads which help fund our work and deliver our service to you for free.

The information does not usually directly identify you, but it can give you a more personalised web experience.

You can accept all, or else manage cookies individually. However, blocking some types of cookies may affect your experience of the site and the services we are able to offer.

You can change your cookies preference at any time by visiting our Cookies Notice page. Please remember to clear your browsing data and cookies when you change your cookies preferences. This will remove all cookies previously placed on your browser.

For more detailed information about the cookies we use, or how to clear your browser cookies data see our Cookies Notice

Manage consent preferences

Strictly necessary cookies

These cookies are necessary for the website to function and cannot be switched off in our systems.

They are essential for you to browse the website and use its features.

You can set your browser to block or alert you about these cookies, but some parts of the site will not then work. We can’t identify you from these cookies.

Functional cookies

These help us personalise our sites for you by remembering your preferences and settings. They may be set by us or by third party providers, whose services we have added to our pages. If you do not allow these cookies, then these services may not function properly.

Performance cookies

These cookies allow us to count visits and see where our traffic comes from, so we can measure and improve the performance of our site. They help us to know which pages are popular and see how visitors move around the site. The cookies cannot directly identify any individual users.

If you do not allow these cookies we will not know when you have visited our site and will not be able to improve its performance for you.

Marketing cookies

These cookies may be set through our site by social media services or our advertising partners. Social media cookies enable you to share our content with your friends and networks. They can track your browser across other sites and build up a profile of your interests. If you do not allow these cookies you may not be able to see or use the content sharing tools.

Advertising cookies may be used to build a profile of your interests and show you relevant adverts on other sites. They do not store directly personal information, but work by uniquely identifying your browser and internet device. If you do not allow these cookies, you will still see ads, but they won’t be tailored to your interests.

Course type

Qualification, university name, phd degrees in energy economics, management and conservation.

13 degrees at 12 universities in the UK.

Customise your search

Select the start date, qualification, and how you want to study

About Postgraduate Energy Economics, Management and Conservation

Energy is one of the most fundamental requirements of society. It influences almost everything we do, from finance and industry to politics and commerce. We rely on it for the simplest tasks like boiling a kettleor turning on a lightbulb and it drives changes in global economies and world markets.

An Energy Economics, Management and Conservation PhD programme represents the apex of academic study in this field and informs many of the decisions made by international organisations and governments. To study it, you’ll need strong postgraduate credentials and a proposal for a piece of original research which you’ll perform and write about during your PhD.

There are currently 12 universities in the UK which offer this course and they offer a truly interdisciplinary academic experience which is extremely relevant to global business.

What to Expect

You can expect to study for three to six years and perform a significant amount of self-directed study, exploring topics relevant to your proposal which might include renewable energy economics, energy policy analysis and environmental sustainability. You may collaborate with your university industry partners and other organisations within the wider research community.

The main focus of the PhD is a dissertation project, which you’ll write under the supervision of your academic tutor and once graduated, you’ll be an authority in your area of the field, ready to find meaningful work in energy economics, policy analysis or sustainable energy research.

left arrow

Related subjects:

  • PhD Energy Economics, Management and Conservation
  • PhD Conservation and Protection of Specific Environments
  • PhD Environmental Analysis
  • PhD Environmental Biology
  • PhD Environmental Conservation and Policies
  • PhD Environmental Health and Safety, Protection and Conservation
  • PhD Environmental Management
  • PhD Environmental Monitoring
  • PhD Environmental Policy
  • PhD Environmental Protection and Conservation
  • PhD Environmental Science
  • PhD Environmental Studies
  • PhD Forensic Science
  • PhD General Environmental Health
  • PhD Marine and Coastal Conservation and Protection
  • PhD Nature Conservation and Protection
  • PhD Police Services
  • PhD Pollution and Pollution Control
  • PhD Renewable Energy Resources
  • PhD Security, Police and the Armed Forces
  • PhD Sustainability
  • PhD Wildlife Conservation and Protection

left arrow

  • Course title (A-Z)
  • Course title (Z-A)
  • Price: high - low
  • Price: low - high

Renewable Materials PhD

Bangor university.

Renewable Materials with specialisations in Science of wood and plant fibres Natural fibre reinforced composites Use of plant-derived Read more...

  • 3 years Full time degree: £4,712 per year (UK)
  • 5 years Part time degree: £2,356 per year (UK)

Systems, Power and Energy PhD

University of glasgow.

Systems, Power and Energy research within the School of Engineering is tackling many strategic and challenging areas of research in energy, Read more...

  • 6 years Part time degree: £2,356 per year (UK)

Energy MPhil, PhD

Newcastle university.

This PhD allows you to specialise in areas such as bio-energy, sustainable power and fuel cell and hydrogen technologies. By pursuing Read more...

  • 36 months Full time degree: £4,712 per year (UK)
  • 72 months Part time degree: £2,356 per year (UK)

Sustainable Energy Technology PhD

University of nottingham.

PhD projects in the area of sustainable energy technology explore how new and renewable technologies may be harnessed at the scale of Read more...

  • 3 years Full time degree: £5,100 per year (UK)

Sustainable Energy PhD

University of surrey.

Why choose this programme Champion our ‘One Health, One Medicine’ approach which brings together expertise from a broad range of Read more...

  • 4 years Full time degree: £4,712 per year (UK)
  • 8 years Part time degree: £2,356 per year (UK)

Energy Efficient and Sustainable Technologies PhD

Brunel university london.

Research profile The Energy Efficient and Sustainable Technologies area is well established and has major research projects at its heart Read more...

  • 6 years Part time degree: £2,355 per year (UK)

UCL Energy Institute MPhil/PhD

Ucl (university college london).

UCL Energy Institute brings together different perspectives and procedures in energy demand and systems research, transcending boundaries Read more...

  • 3 years Full time degree: £6,035 per year (UK)
  • 5 years Part time degree: £2,930 per year (UK)

Energy Innovation, PhD

Swansea university.

Providing a sustainable, affordable and secure energy future through the discovery and implementation of new technology and innovation Read more...

PhD Sustainable Energy Technologies

University of hertfordshire.

Our research expertise in Renewable Energy Technologies specialises in areas including renewable energy, smart grids, novel wind energy Read more...

  • 3 years Full time degree: £5,925 per year (UK)
  • 6 years Part time degree: £2,960 per year (UK)

PhD Research Renewable Energy

University of exeter.

• Based at the University’s Penryn Campus near Falmouth, you will work with leading research experts exploring the latest technological Read more...

  • 4 years Full time degree: £4,900 per year (UK)
  • 8 years Part time degree

PhD Fusion Energy CDT Materials

University of manchester.

Programme description The Centre for Doctoral Training in the Science and Technology of Fusion Energy, or Fusion CDT for short, is Read more...

  • 48 months Full time degree: £4,786 per year (UK)

Wind and Marine Energy Systems and Structures PhD with Integrated Study

The university of edinburgh.

The Centre for Doctoral Training (CDT) in Wind and Marine Energy Systems and Structures (WAMESS) is funded by the Engineering and Physical Read more...

  • 4 years Full time degree

Wind and Marine Energy Systems and Structures PhD

Course type:.

  • Full time PhD
  • Part time PhD

Qualification:

Related subjects:.

PSU Mark Shield

  • Find a Person
  • Internal Resources

John and Willie Leone Family

Department of energy and mineral engineering.

Turgay Teaching

Doctor of Philosophy (Ph.D.)

Research and graduate education in EME spans petroleum engineering and reservoir characterization, electricity market design, grid integration of diverse fuels and technology, mining engineering and mineral processing, fuel chemistry and processing, energy conversion engineering, environmental safety, and health-related issues associated with the energy and mineral resource sector, among many others. Methodologies include experimental laboratory science, computational modeling and simulation, and advanced data analytics. Our faculty are leading scholars in methods of applied science, engineering, and economics for energy and mineral resource questions. The Ph.D. program in EME offers a unique graduate environment to develop your research expertise for the energy challenges of the future.

For students wtihout a M.S. degree, 24 additional course credits must be taken. Beyond the 24 additional course credits, you must take 12 additional course credits, plus 12 credits of research. At least 18 credits of these must be at the 500 or 600 level. This will equate to 48 credits total. 

If an option is desired, then 12 option course credits are required (this is included in the 48 credits total). Students who choose not to select an option only need to meet the total credit and core program course requirements. Because each thesis research problem is unique, the need for taking additional courses varies from student to student, and the student's thesis advisor and committee will make the final decision whether or not the additional courses should be part of a student's official course of study.

For details on any of the specific requirements for the Ph.D. degree, click on the topics below.

Students with an M.S. Degree

The required minimum number of total credits beyond the M.S. degree for the EME Ph.D. degree is 24, including 12 credits of research beyond the M.S. Of the remaining 12 credits, four core program credits are required. If an option is desired and was not declared for the M.S. degree, then 12 option course credits are required. At least 18 of the required course credits for the M.S. and Ph.D. degrees must be at the 500 or 600 level. Students who choose not to select an option only need to meet the total credit and core program course requirements. Because each thesis research problem is unique, the need for taking additional courses varies from student to student, and the student's thesis advisor and committee will make the final decision whether or not the additional courses should be part of a student's official course of study.

Required Core Course for Ph.D. Degree

Ph.D. students must take one (1) course (3 credits of core courses) from this list. Ph.D. students without an M.S. are required to take three (3) courses (9 credits of core courses) from this list.

  • EME 501(3): Design Under Uncertainty in EME Systems
  • EME 511(3): Interfacial Phenomena in EME Systems
  • EME 521(3): Mathematical Modeling of EME Systems
  • EME 531(3): Thermodynamics in EME Systems
  • EME 551(3): Safety, Health, and Environmental Risks in EME Production

Options for Course of Study

Students are not required to choose an option and may complete the base program in EME. However, a student who desires disciplinary identity may choose from among the following available graduate options:

  • Energy Systems Engineering (ESysE)
  • Fuel Science (FSc)
  • Mining and Mineral Process Engineering (MMPE)
  • Petroleum and Natural Gas Engineering (PNGE)

Qualifying Examination

Progress in the Ph.D. degree program in Energy and Mineral Engineering will require passing the Ph.D. qualifying examination, administered by the Graduate Faculty of the EME graduate program. 

The qualifying exam is designed to assess a student’s potential for doctoral level research. Students are required to take the qualifying exam within three (3) semesters of being admitted to the Ph.D. program. Candidates will be allowed a maximum of two (2) attempts to pass the qualifying exam. The EME qualifying exam consists of a knowledge-based component (written) and a research-based component (written and oral). The detailed policies and procedures for the EME Qualifying Exam are provided in the document below.

EME Qualifying Exam Format and Procedure  

English Competency Examination

All Ph.D. students, domestic and international, will undergo an assessment of English competency during their first year. The assessment will include the student's ability to read and comprehend technical literature, the ability to write well, the ability to make formal presentations and the ability to participate in scientific and technical discussions. The assessment will be conducted during the Ph.D. Candidacy Examination. Students must demonstrate English competency before scheduling the Ph.D. Comprehensive Examination. If the expected level of competency is not demonstrated, students will be required to take certain English courses to improve their skills.

Ph.D. Comprehensive Examination

A Comprehensive Examination is required of all doctoral candidates by the Graduate School. The examination in EME is primarily an oral examination, administered by the candidate's Ph.D. committee. The committee will consist of at least three faculty members in the EME Program and at least one faculty member in a related field (outside the department). The committee chair will ordinarily be the candidate's thesis advisor.

The examination takes place in two phases. First, the student will give an oral presentation on some aspect of his/her research topic, including objectives, methods, and current progress. The second phase will consist of questions by the committee to determine the candidate's ability to synthesize his/her knowledge, especially in his/her area of specialization, and apply the tools learned to the solution of relevant problems.

Ph.D. Dissertation Defense

The final step to obtaining a doctoral degree is the Ph.D. Thesis Defense. This process consists of a written thesis and an oral defense administered by the Ph.D. committee. Upon successful completion of the defense, the student will submit the final version of the thesis to the Graduate School after obtaining the required signatures from the advisor, the Ph.D. committee and the EME graduate program officer.

More Information Ph.D. Checksheet About

  • Our Excellence
  • Advisory Boards
  • Visit / Contact Us

Undergraduate

  • Admissions and Aid
  • Undergraduate Resources
  • Graduate Degree Programs
  • Online Programs
  • Graduate Admissions and Aid
  • Graduate Resources

Research & Faculty

  • Our Research Community
  • EME Research Clusters
  • EME Centers, Labs, and Initiatives
  • Research Institutes

Recruiting & Careers

  • For Recruiters
  • Industry Partnerships
  • For Students
  • Internship and Career Information
  • Awards and Recognition
  • Get Involved
  • Stay Connected
  • Meet Alumni Team

News & Events

  • Calendar of Events
  • Our Publications
  • For the Media

Quick Links

  • Faculty Hiring
  • Energy Institute
  • Safety & Emergency Information
  • Coronavirus Information

Engage with Us

Facebook Page

  • © John and Willie Leone Family Department of Energy and Mineral Engineering
  • Non-discrimination
  • Equal Opportunity
  • Accessibility
  • Directories

Economics | Business | Colorado School of Mines

MEE Program FAQs

 alt=

Below are two lists of Mineral and Energy Economics (MEE) frequently questions from incoming and current students. You will also find questions for the Dual Degree program with IFP.

FAQs for Prospective Students

What are the career prospects for graduates of the programs?

Can I work part-time while taking classes in the MEE program?

Is the MEE program the right program for me?

What are the requirements for acceptance into the program?

Are GRE or GMAT scores required?

What are the minimum TOEFL or IELTS requirements for students with English as a second language?

What are the approximate program lengths?

How do I apply to the program?

What are the application deadlines?

Can I start the program in the fall or spring?

What are the costs of the program?

How do I qualify for in-state tuition?

I am an international student and have been accepted into the program. When can I expect to get my visa paperwork?

As an international student, how long is my Optional Practical Training (OPT) with a MEE degree?

I have completed my application packet. When can I expect to receive the decision?

Who should I get to write letters of reference for me?

Is there funding available for the MEE programs?

How do I apply for funding for the MEE programs?

If I am admitted to a MEE graduate program, can I defer admission?

What are the program course pre-requisites?

Can I take the pre-requisites while attending the program?

Can I test out of the pre-requisites?

What undergraduate majors are acceptable for applying to the program?

FAQs for Current Students

What is the recommended course sequence my first semester?

What are the GPA requirements for graduation?

What is the policy for transfer credits?

How do I choose my elective courses?

What is the process for selecting a minor?

What is the Qualifying Exam and when is it offered? How do I prepare for it?

What is the purpose of the Qualifier Exam and who is eligible to take it?

How do I select an advisor for my Thesis?

How do I select a Thesis Committee?

What is a Proposal Defense?

Petroleum Economics and Management Program Prospective Student Questions

What is the Mines/IFP Dual Degree program in Petroleum Economics and Management?

What are the two degrees that I will earn?

What background is required for admission into the program?

How does the IFP program prepare me for a job?

What advantage does the IFP program present over other Master of Science degrees in Management?

What is the approximate program length?

I understand that the IFP program is highly structured, but may I choose my classes?

May I choose a Thesis option?

Do I have to learn French?

I have already taken graduate courses at another school, can I transfer these courses in for my Master’s Degree?

What financial aid is available for the program?

What are tuition and fees and other costs for the program?

I am currently a Colorado resident. Will living in France for 8 months impact my residential requirements for Colorado residency?

How do I find housing in Golden?

How do I find housing in Paris?

When should I arrive in Paris?

Do I need a visa for France?

What are the career prospects for graduates of the programs? Our program prepares students for careers in industry, banking and investment, government, international organizations and consulting firms. These fields require training in economics, management, and policy relating to mineral and energy industries. Our Master’s students are highly competitive with MBA students, but have the added advantage of having much stronger quantitative training and a thorough understanding of energy, minerals, and related environmental and technology issues. Our PhD students are more applied than those from more traditional economics programs, making them particularly well-suited for non-academic positions that require greater analytical and research abilities than at the Master’s level.

Can I work part-time while taking the MEE program? MEE classes are almost exclusively offered on a 2-schedule. Many students work part-time while doing the program. While it is not possible to guarantee classes will be on a 2-day schedule, we will do all that we can to schedule classes in this manner.

Is the MEE program the right program for me? If you are interested in a strong applied technical program in energy and minerals and related issues, our program would be a good choice. We have a strong alumni network and excellent reputation in these fields. If you are interested in a broader degree, other business schools may be a better fit. Although the tools you will learn can also be applied to other areas, most of our alumni go into the mineral, energy, or related fields. However, a number of our alumni have subsequently moved into high tech and other areas.

What are the requirements for acceptance into the program? Typically, the department accepts graduate students who have high intellectual abilities, strong integrity, a good work ethic, and developed quantitative skills as demonstrated by their course work and exams. Your Statement of Goals should illustrate your strong interest in energy, minerals, or related environmental and technological issues. The Statement should also include examples of strong leadership potential as demonstrated by previous academic, personal, and employment successes.

Are GRE or GMAT scores required? Visit the MEE program overview for details on GRE scores and requirements under the admissions requirement tab for each program.

What are the minimum TOEFL or IELTS requirements for students with English as a second language? Students whose native language is not English must submit acceptable TOEFL scores as part of the application process. Please view the ENGLISH PROFICIENCY tab for requirements here.

What are the approximate program lengths? MS Mineral and Energy Economics: 3 semesters (minimum 36 credits). Dual Degree Petroleum Economics and Management – 16 months (minimum of 48 credits). PhD in Mineral and Energy Economics – 4 to 6 years (minimum of 48 hours of course work plus 24 thesis credits. It takes the average student 1.5 to 2 years to complete their thesis). Registering for 9 credits is full-time status. Students who transfer work from other graduate programs may take less time.

How do I apply to the program? You can apply online at http://mines.edu/graduate_admissions .

What are the application deadlines? Please check the application deadlines page  for details.

Can I start the program in the fall or spring? It is preferred to start the program in the fall, as the fall courses provide a good introduction to the courses offered in the spring. The prerequisite courses required to begin in the spring prohibit most students from qualifying for spring entry. Prior to starting the program, students must complete a course in Principles of Microeconomics, a course in Probability and Statistics, and one semester of college-level calculus all three with a grade of B or better. Students will only be allowed to enter the program in the spring if they have completed all three prerequisites as well as an undergraduate or graduate course in mathematical economics, a course in natural resource economics.

What are the costs of the program? For tuition rates, visit  https://www.mines.edu/graduate-admissions/costs/

How do I qualify for in-state tuition? For more information visit: https://www.mines.edu/registrar/residency-cof/

I am an international student and have been accepted into the program. When can I expect to get my visa paperwork? Visa paperwork can’t go out more than 90 days prior to enrollment. The visa paperwork is handled by the international office. You will receive information regarding your Visa in your acceptance letter.

As an international student, how long is my Optional Practical Training (OPT) with a MEE degree? The MEE program is listed under Classification of Instructional Program (CIP) code 45.0603 (Econometrics and Quantitative Economics), which is a STEM designated degree program by U.S. Immigration and Customs Enforcement. As a result, you are eligible for an additional 17 months OPT to the standard 12 months, for a total of 29 months.

I have completed my application packet. When can I expect to receive the decision? The MEE Committee will review and submit their decision to the Graduate School. Please allow at least one month after your application has been released to the division.

Who should I get to write letters of reference for me? Professors from classes you have taken as well as employers and supervisors all are acceptable references.

Is there funding available for the MEE programs? A limited amount of financial aid, awarded competitively, is available for new and returning students. Most of the aid is in the form of teaching assistantships (TAs) or faculty classroom support. Some faculty hire research assistants, but usually these positions go to continuing students. Most awards begin in the fall term. For consideration, you must have your application complete by March 1 (to begin in the fall) or by Oct. 1 (to begin in the spring). Initial awards are made close to March 15 and Oct. 15. The Division of Economics and Business provides partial funding for about 25 percent of the students enrolled in its programs. The awards range from $1,200 to $5,000 a semester. The average award is $2,800 a semester. Mines does not grant tuition waivers.

How do I apply for funding for the MEE programs? To be considered for financial aid, check “Yes” that you wish to apply for financial aid in your application.

If I am admitted to a MEE graduate program, can I defer admission? Yes. Students admitted to our graduate programs can request a one-year deferral. If they do not enroll the semester after the deferral period expires, they must reapply, pay application fees, and be accepted, just the same as any new applicant. Financial aid requests will defer with your deferral request. However, your award is not deferred. You will be reconsidered for the semester in which you plan to enroll in the program.

What are the equivalent of a course pre-requisites? Students must earn a B or better in Calculus 1; Introductory Probability and Statistics; and Principles of Microeconomics. A grade of a B- is not acceptable. For spring semester entry, students must have also completed a course in mathematical economics (EBGN509 or equivalent) and a course in natural resource economics (EBGN510 or equivalent) and hold a degree in economics.

Can I take the pre-requisites while attending the program? No, deficiencies must be taken before you arrive at Mines.

Can I test out of the pre-requisites? No, all students must complete the prerequisite courses. An official transcript showing the prerequisite courses must be sent to the division.

What undergraduate majors are acceptable for applying to the program? We require the equivalent of a U.S. Bachelor’s degree to consider your application for the program. Any undergraduate degree is acceptable provided you have strong math and quantitative skills and have completed courses with a passing grade of “B” or better, including the 3 prerequisite courses.

FAQs for current students

What is the recommended course sequence my first semester? The recommended course sequencing depends on your chosen field (Economics and Public Policy versus Quantitative Business Methods), how many courses you take each semester, and in which program you are enrolled (MEE or IFP). A typical year’s course sequence for a student beginning in the fall term is given below:

1st Fall Semester: EBGN509 Mathematical Economics EBGN510 Natural Resource Economics Two electives

What are the GPA requirements for graduation? All graduate students must maintain a 3.0 (B) Grade Point Average (GPA). No credit is given for courses with an earned grade below 1.7 (C-).

What is the policy for transfer credits? The MEE Committee at Mines must review and approve all graduate level-transfer credits. These credits must not have been used as credit towards a Bachelor Degree. The committee allows up to 6 hours of approved graduate-level course work to be transferred from other graduate programs towards a non-thesis Masters Degree and up to 9 hours towards a thesis based program. The committee allows up to 24 credits of approved graduate-level course work towards a PhD degree. However, the average number of approved transfer hours for a PhD student is 12. For those students with a completed Master Degree in another program, the committee allows up to 36 credits of approved graduate-level course work towards a PhD. Transfer credits taken outside of Mines are not included in calculating the student’s grade point average at Mines.

Master of Science Program

How do I choose my elective courses? Students are encouraged to choose elective courses that build upon the core and specialization classes of the program by selecting additional graduate level courses within any academic department at Mines. However, courses chosen outside the department must be approved by your advisor.

PhD Program

What is the process for selecting a minor? PhD students may complete at least 12 semester hours in a focused area of study outside of their specialization that will become their minor. Often, but not always, a minor is chosen from another department. To select a minor, consult with your academic advisor and thesis committee. However, it is suggested that you select an academic program at Mines that interests you and compliments your MEE program. Examples of external minors include: Environmental Sciences, Operations Research, Political Science, and Mathematics.

What is the Qualifying Exam and when is it offered? How do I prepare for it? Upon completion of the core course work, students must pass a qualifying written examination to become a candidate for the PhD degree. The qualifying exam is offered in the summer and is administered by the division qualifier committee. This exam is designed to test the student’s competence in core courses and a reading list of additional topics. Once qualified, the PhD student is required to present a research presentation.

What is the purpose of the Qualifier Exam and who is eligible to take it? To be eligible to take the Qualifier, you must formally apply and be accepted into the MEE PhD program. The purpose of the Qualifier is to test a student’s ability to apply principles from the prerequisite and core courses and extended core.

How do I select an advisor for my Thesis? Begin by identifying a faculty member with similar interest and consult with your current program advisor. Your Thesis Advisor must be a faculty member in the Division of Economics and Business, although you may select thesis committee members who are outside this division.

How do I select a Thesis Committee? Select an area of research interest and a Thesis Advisor. Your Thesis Advisor can provide suggestions for a Thesis Committee. As a general guideline, your Thesis Committee should consist of at least four professionals who are familiar with, or whose area of expertise will significantly compliment your topic of research. You should include additional faculty members from the Division of Economics and Business, and you may wish to (but are not required to) include a professional from another department on campus. You are also permitted one “ex officio committee member” on your Thesis Committee who is outside of Mines. See the Bulletin for more details.

What is a Proposal Defense? A Proposal Defense is an organized Thesis Committee meeting where you will present the anticipated hypothesis, methodology, and expected outcomes for your Thesis, which must be formally approved by your Thesis Committee. The Proposal Defense also provides an optimal opportunity for you to present an anticipated timeline of when you believe you will be sufficiently ready to take your oral and written comprehensive examinations, and how you believe your research will progress.

What is the Mines/IFP Dual Degree program in Petroleum Economics and Management? The Mines/IFP program is a unique graduate program offered by the Colorado School of Mines, Division of Economics and Business in Golden, Colorado and the IFP School in Paris. It is designed to provide the economic and business skills along with international cultural experience required to become a leader in government and industry in the area of petroleum. This highly focused and demanding program enables students to earn the equivalent of two Master of Science degrees in approximately 16 months. Students will perform half their coursework at Mines and the other half at IFP.

What are the two degrees that I will earn? The two distinguished degrees are Masters of Science Degree in Mineral and Energy Economics at Mines and Diplôme d’Ingénieur in Petroleum Economics and Management from IFP.

What background is required for admission into the program? Qualifications for the program include the equivalent of a U.S. Bachelor’s degree with a strong academic background, a keen interest in an international career in the public or private sector relating to the petroleum and other energy industries, plus a commitment to excellence and leadership. For professionals working in industry, research or government organizations, both experience and academic background will be taken into consideration.

How does the IFP program prepare me for a job? Graduates are able to work in teams in an international environment and have developed strong economic, management, and decision-making skills. Thus, they are well positioned to become leaders in the fast-paced petroleum industry. Because students earn a MS in Mineral and Energy Economics at Mines, we track the placement of the Dual Degree students with the full-time MEE students. A list of recent companies who have hired our students and a sample of the positions titles can be found here.

What advantage does the IFP program present over other Master of Science degrees in Management? The Mines/IFP program is highly quantitative and provides students the opportunity to specifically focus in the area of petroleum management. To better prepare for occupational interests, students have the opportunity to specialize in either economics/public policy (EPP) or quantitative business analysis (QBA). Both the international nature of the program and its students also provide important intercultural experiences as preparation for work in a truly global industry.

What is the approximate program length? The program consists of 48 semester hours, with 24 hours taken at each institution. The entire program will take 16 months if you start in August. Students spend the fall at Mines, then the spring and summer sessions at IFP, and return to Mines for the fall term to finish the degree. To get a general idea, the dates are approximately as follows:

First semester: Third week in August to mid December at Mines. Second Semester: First week in January to third week in April at IFP. Third Semester: First week in May to third week in July at IFP. Fourth Semester: Third week in August to mid – December at Mines.

I understand that the IFP program is highly structured, but may I choose my classes? While completing coursework at Mines, non-thesis students may choose from courses within their Field of Specialization and one elective in addition to the required core courses. Most classes at IFP are considered core courses and may not be changed.

How do I choose my elective courses? Students are encouraged to choose elective courses that build upon the core and specialization classes of the program by selecting additional graduate level courses within EB or with permission from any other academic department at Mines.

May I choose a Thesis option? A thesis option is available for IFP students but it would typically require an extra semester of work. The thesis students take 2 courses in their specialization instead of 3, no electives, but are also required to complete 12 credits of thesis work.

Do I have to learn French? Courses at both Mines and IFP are taught in English; however, to fully maximize your educational and cultural experience it is recommended that you prepare yourself by taking a course in French.

I have already taken graduate courses at another school. Can I transfer these courses in for my Master’s Degree? Only the transfer credits from IFP are allowed in this program. However, you will not have to retake any core courses you have already taken if the previous course is approved by the current instructor of the relevant course and your advisor.

What financial aid is available for the program? We have a limited amount of financial aid available, which is awarded competitively. Aid is usually in the form of teaching and research assistantships and is only available while at Mines. Some faculty hire research assistants, but usually these go to continuing, not new students.

What are tuition and fees and other costs for the program? The latest tuition and fees for Mines can be found here. In addition to the normal tuition and fees, the Mines/IFP program charges and additional surcharge of $1,000 per semester. Mines students have about $500 in fees each semester to pay at IFP. IFP students have about $800 in fees to pay each semester at Mines.

I am currently Colorado resident. Will living in France for 8 months impact my residential requirements for Colorado residency? No, you are considered a student at the Colorado School of Mines even while abroad. For additional questions about Colorado residency requirements please contact the Mines Registrar’s office.

How do I find housing in Golden? The best way to find appropriate housing is to come a bit early. The earlier you arrive the better your selection will be. When making arrangements for housing in Colorado, be mindful that you will only be attending classes from August through December. On-campus housing at Mines sometimes has a waiting list. If you are interested in on-campus housing, get on the waiting list as soon as possible. See the website for information on Mines Park.

How do I find housing in Paris? Housing in Paris for single students is usually available through IFP at rates somewhat comparable to those in Golden. For this housing you will make arrangements before you leave for Paris by filing out a housing request form. IFP housing for families is somewhat more limited. Non-IFP housing is typically secured after your arrival in Paris.

When should I arrive in Paris? The dates on which you should arrive will vary each year. Class typically begins the first week in January.

Do I need a visa for France? E.U. residents do not require French visas. Most other students will require a student long stay visa. We will fill out visa paper work and send for visas early in the fall semester to the French Consulate in Los Angeles.

  • Skip to content
  • About Accessibility on our website

University of Aberdeen

  • Staff Directory

Energy, Economics and Finance, MScEcon

  • University Home
  • Postgraduate Taught
  • Our Degrees
  • Energy, Economics and Finance

Introduction

The MSc Energy Economics and Finance is a programme both intellectually challenging and provides the career-ready credentials that are essential to increase your appeal with employers within an energy economics context.

Study Information

At a glance.

The University of Aberdeen is an established leader in teaching and research in the fields of energy and economics. Our MSc Energy, Economics and Finance builds on the Business School’s considerable strength in these fields. The programme incorporates significant input from the energy industry via active engagement with professional practice, multi-nationals and government agencies. With a recognised world expert in Energy Economics, Professor Alexander Kemp OBE, actively teaching on the programme.

The MSc Energy, Economics and Finance is for anyone keen to understand the energy industry, how decisions are taken, and policies made. It’s designed for energy professionals looking for a recognised path to career progression, or for anyone who wants to begin a successful career in the energy industry.

Our Business School is home to two very relevant and internationally recognised research centres: the Aberdeen Centre for Research in Energy Economics and Finance and the Scottish Experimental Economic Laboratory. Former students have worked with organisations such as the Scottish Government, BP and Total to create their dissertations.

What You'll Study

Compulsory courses.

BU505D Economic Analysis for Energy and the Environment

BU505J Investment and Real Options Analysis for Energy

BU505G Contemporary Issues in Energy Economics

This course, which is prescribed for all taught postgraduate students, is studied entirely online, takes approximately 5-6 hours to complete and can be taken in one sitting, or spread across a number of weeks.

Topics include orientation overview, equality and diversity, health, safety and cyber security and how to make the most of your time at university in relation to careers and employability.

Successful completion of this course will be recorded on your Enhanced Transcript as ‘Achieved’.

15 Credit Points

This course develops a mathematical and statistical ‘toolbox’ for PGT students in the Business School. These tools will be useful in understanding and implementing research in business- and economics-related fields both during a student’s academic career as well as after graduation. The first part of the course covers basic mathematical models common across these fields. The second part of the course develops standard data analysis methods, including multivariate regression. The final part of the course examines shortcomings in the standard model and describes ways of overcoming those shortcomings.

BU555E Resource Rent and Energy Policy

BU555F Business Strategy and Markets

BU555N Advanced Data Analysis

BU555H Economics of Energy Transition

60 Credit Points

This compulsory element of the Masters degree in Petroleum, Energy Economics & Finance is the final stage of the degree programme.

We will endeavour to make all course options available. However, these may be subject to change - see our Student Terms and Conditions page .

Fee Information

Additional fee information.

  • In exceptional circumstances there may be additional fees associated with specialist courses, for example field trips. Any additional fees for a course can be found in our Catalogue of Courses .
  • For more information about tuition fees for this programme, including payment plans and our refund policy, please visit our Tuition Fees page .

International Applicants

More information about fee status, living costs, and work allowances for international students is available here .

Funding Opportunities

The University of Aberdeen provides an Alumni Discount Scheme:

The University of Aberdeen is very pleased to offer a 20% discount on postgraduate tuition fees for all alumni who have graduated with a degree from the University of Aberdeen. More Information can be found here .

Scholarships

Self-funded international students enrolling on postgraduate taught (PGT) programmes will receive one of our Aberdeen Global Scholarships, ranging from £3,000 to £8,000, depending on your domicile country. Learn more about the Aberdeen Global Scholarships here .

To see our full range of scholarships, visit our Funding Database .

Related Programmes

You may also be interested in the following related postgraduate degree programmes.

  • Energy Economics and Law

How You'll Study

In the first semester of this one-year MSc, you will study key micro and macroeconomic modelling techniques and spend time understanding the critical aspects of financial analysis. You’ll also gain an in-depth understanding of energy and petroleum economics and explore issues such as global warming and renewables in an economic context. In the second semester, the focus is on strategic thinking using game theory to develop your analytical skills and investment decision-making. During summer term, you will complete a dissertation focused on a key topic in the energy industries.

Learning Methods

  • Individual Projects

Assessment Methods

Assessment: by course work, by written examination or by a combination of those, as prescribed for each course.

Why Study Energy, Economics and Finance?

  • Gain a strong foundation in the disciplined study of economic principles with a deep understanding of the dynamic, constantly evolving energy industry Learn about key micro and macroeconomic modelling techniques and advanced quantitative techniques so you can enter a range of energy sectors and apply theory to practice
  • Access to cutting edge industry calibre information - we are home to two highly-rated relevant research centres – Aberdeen Centre for research in energy economics and Finance (ACREEF) and the Scottish Experimental Economic Laboratory (SEEL) Learn from world leading experts to give you an unrivalled experience                                                             
  • Students will gain an in-depth understanding of energy and petroleum economics and explore issues like the Hotelling model and oil price behaviour, the role of OPEC and the issues of global warming and renewables in an economic context

Interested in this programme?

Entry requirements, qualifications.

The information below is provided as a guide only and does not guarantee entry to the University of Aberdeen.

The minimum entry requirement for this programme is a degree at 2:2 (upper second class) UK Honours level (or a degree from a non-UK institution which is judged by the University to be of equivalent worth), with a strong background in quantitative methods.

If you have a GMAT score, please provide that information, as this will enhance your application. We may use GMAT as a condition of offer in some cases.

Please enter your country to view country-specific entry requirements.

English Language Requirements

To study for a Postgraduate Taught degree at the University of Aberdeen it is essential that you can speak, understand, read, and write English fluently. The minimum requirements for this degree are as follows:

IELTS Academic:

OVERALL - 6.5 with: Listening - 5.5; Reading - 6.0; Speaking - 5.5; Writing - 6.0

OVERALL - 90 with: Listening - 17; Reading - 21; Speaking - 20; Writing - 21

PTE Academic:

OVERALL - 62 with: Listening - 59; Reading - 59; Speaking - 59; Writing - 59

Cambridge English B2 First, C1 Advanced or C2 Proficiency:

OVERALL - 176 with: Listening - 162; Reading - 169; Speaking - 162; Writing - 169

Read more about specific English Language requirements here .

Document Requirements

You will be required to supply the following documentation with your application as proof you meet the entry requirements of this degree programme. If you have not yet completed your current programme of study, then you can still apply and you can provide your Degree Certificate at a later date.

Additional details for international applicants, including country-specific information, are available here .

Aberdeen Global Scholarship

Eligible self-funded post graduate taught (PGT) students will receive the Aberdeen Global Scholarship. Explore our Global Scholarships, including eligibility details, on our dedicated page.

If you’re a professional already working in the energy sector, this degree provides a strong route to career progression. You’ll graduate ready to take up roles including:

  • Commercial Analyst
  • Energy and Business Consultant
  • Market Analyst
  • Oil and Gas Associates
  • Project Manager
  • Strategy Analyst

Career Opportunities

Industry links.

Your tutors include Professor Alex Kemp, OBE. A Professor of Energy Economics, Alex is also Director of the internationally recognised Aberdeen Centre for Research in Energy Economics and Finance (ACREEF).

All your tutors are members of ACREEF, and are active in research and teaching across energy economics. As well as interacting with leading researchers in the field, you’ll benefit from direct input from our significant range of energy industry partners.

Accreditation

The Business School is EQUIS accredited, placing it among a select group of globally recognised institutions. Out of over 15,000 business schools worldwide, only around 200 schools across 45 countries have attained this distinction.

This degree holds accreditation from

EQUIS

Study Energy With Alex Kemp OBE

World expert Professor Alexander Kemp OBE is actively teaching on this programme, he wrote the Energy Economics 'rulebook'. Think what you could learn from him.

What our Alumni Say

Sermphon klaiseengern.

Sermphon Klaiseengern

I had unlimited opportunities to develop my skills and knowledge through guest lectures from industry, the Energy Institute and the Society of Petroleum Engineers. This meant I received the most up-to-date information and broadened my perspective.

Our Experts

Information about staff changes, aberdeen centre for research in energy economics and finance (acreef).

ACREEF provides a focus for the identification and implementation of high quality research in the areas of energy economics and finance.

Scottish Experimental Economic Laboratory

This state-of-the-art experimental lab has been the focus of academic excellence, and has been used to enhance our understanding of how markets work and how individuals make decisions.

Image for Sir Duncan Rice Library

Sir Duncan Rice Library

The University’s award winning Sir Duncan Rice Library is listed in the “Top 20 spellbinding University libraries in the World”. It contains over a million volumes, more than 300,000 e-books and 21,000 journals.

Get in Touch

Contact details.

  • Call Us +44 (0)1224 272090
  • Enquire Now Using an online form

Social Media

  • University of Aberdeen Business School
  • Follow us on Twitter
  • Connect with us on LinkedIn

Upstream Petroleum Economics—Deterministic Models, Fiscal Regimes, and Stochastic Modeling Tools

Disciplines: Management

Course Description

This is an interactive two-day course to facilitate good understanding of various kinds of petroleum fiscal arrangements, which govern the international petroleum E&P business. The course examines the fundamentals of, and economic principles underlying petroleum fiscal system analysis and design. The mechanics of estimating the effects of fiscal instruments of total government takes and E&P economics and take statistics are to be well discussed with consideration for risk and uncertainty.

  • Basic petroleum economics for profitability analysis: deterministic models and applications
  • Basic petroleum economics for decision making: capital budgeting and incremental economics
  • Monte Carlo simulation of E&P project economics and profitability
  • Fiscal system structure and instruments –general prologue and synopsis
  • Arithmetic and mechanics of petroleum fiscal system models and applications, system economic metrics and cast studies
  • Overview of stochastic spreadsheet modeling tools: Crystal Ball and Risk features

Upon completion of this course, participants should be able to:

  • Understand and apply principles underlying international petroleum economics and commonly used economic tools in petroleum business decisions to analyze the PIB
  • Explain the underlying economic and management principles affecting petroleum fiscal system analysis and design
  • Understand the mechanics of various kinds of petroleum fiscal systems and the operational aspects of petroleum fiscal instruments and features underlying industry and government relationships.
  • Identify why some economic decision variables and fiscal instruments that govern petroleum operations are so important in making exploration and production investment decisions.

Learning Level

Intermediate

Course Length

This course is an excellent way to quickly boost your professional skills and learn from a recognized expert in the field of upstream petroleum economics.

Who Attends

Petroleum professionals, geoscientists, planning engineers, business analysts, and managers

1.6 CEUs (Continuing Education Units) are awarded for this 2-day course.

Additional Resources

This course has a supplemental book located in our SPE Bookstore  entitled Introduction to Petroleum Economics . Please check out this valuable resource!

Cancellation Policy

All cancellations must be received no later than 14 days prior to the course start date. Cancellations made after the 14-day window will not be refunded. Refunds will not be given due to no show situations.

Training sessions attached to SPE conferences and workshops follow the cancellation policies stated on the event information page. Please check that page for specific cancellation information.

SPE reserves the right to cancel or re-schedule courses at will. Notification of changes will be made as quickly as possible; please keep this in mind when arranging travel, as SPE is not responsible for any fees charged for cancelling or changing travel arrangements.

We reserve the right to substitute course instructors as necessary.

 alt=

Wumi Iledare is a professor of petroleum economics and policy research and a director at the Center of Energy Studies at Louisiana State University, Baton Rouge.  He is an adjunct professor of petroleum economics at the Craft & Hawkins Department of Petroleum Engineering at Louisiana State University and the University of Louisiana, Lafayette.

Iledare’s international expertise comes from his work as a visiting professor of petroleum economics to the Institute of Petroleum Studies (IPS) at the University of Port Harcourt, Nigeria and to the African University of Science and Technology (AUST), Nigeria.  He is a senior fellow and past president of USAEE, holds a BSc in petroleum engineering with honors from the University of Ibadan, Nigeria, and MS in energy resources from the University of Pittsburgh’s School of Engineering, and a PhD in mineral economics from West Virginia University.  His is also a Distinguished Fellow of the Nigerian Association for Energy Economics (NAEE).

Garden City Premier Business School

  • DIAMONDBRIDGE ECONOMICS AND BUSINESS JOURNAL
  • Postgraduate Degree Programmes
  • Masters in Health Care Management
  • LL.M In International Business Law
  • Executive Masters of Business Administration (EMBA)
  • Professional Programmes

MSc / PhD in Petroleum and Energy Economics

phd in petroleum economics and management

Advance your career, have a good grasp of the global petroleum market, and enhance your analytical skills on local and international oil and gas policies and energy-related issues with an MSc/PhD Petroleum and Energy Economics. 

In partnership with European Business School in Paris- France, Garden City Premier Business School offers MSc/PhD Degree in Petroleum and Energy Economics.

This course aims to provide an overview of the petroleum sector so that participants would understand the oil operations and business, from upstream to downstream, and identify economic challenges.

Audience This course is geared towards people from the energy and petroleum sectors, industrial partners, business men and financiers, as well as public administration staff.

Learning Objectives/Benefits

Upon completion of the course, participants will be able to:

Describe the different types of energy resources (conventional, unconventional, renewable & fossil),

Interpret the evolution of the factors affecting the energy supply and demand (crude prices, technology, reserves, geopolitics, geography, environment, etc.)

Enhance their position in the petroleum industry and facilitate their career growth

Identify the actors of the energy scene and their strategic guidelines

Describe the main steps of the upstream sector, distinguish the different types of oil contracts and explain the main economic criteria to evaluate oil and gas project

Summarize the operation of the physical and financial oil markets

Explain the evolution of the refining sector and of the petroleum product markets.

Learning Methodology

Hybrid of Real-time online/on-site classes

Intensive lectures

Role playing

Term papers & Presentation

MSc: 12 Months of Coursework & 3 Months of Dissertation

PhD: 27 Months- Coursework, Thesis writing, Paper Publishing, and Seminar Presentation

Quick Links

phd in petroleum economics and management

At the New York Fed, our mission is to make the U.S. economy stronger and the financial system more stable for all segments of society. We do this by executing monetary policy, providing financial services, supervising banks and conducting research and providing expertise on issues that impact the nation and communities we serve.

phd in petroleum economics and management

Introducing the New York Innovation Center: Delivering a central bank innovation execution

phd in petroleum economics and management

Do you have a request for information and records? Learn how to submit it.

phd in petroleum economics and management

Learn about the history of the New York Fed and central banking in the United States through articles, speeches, photos and video.

Markets & Policy Implementation

  • Effective Federal Funds Rate
  • Overnight Bank Funding Rate
  • Secured Overnight Financing Rate
  • SOFR Averages & Index
  • Broad General Collateral Rate
  • Tri-Party General Collateral Rate
  • Treasury Securities
  • Agency Mortgage-Backed Securities
  • Repos & Reverse Repos
  • Securities Lending
  • Central Bank Liquidity Swaps
  • System Open Market Account Holdings
  • Primary Dealer Statistics
  • Historical Transaction Data
  • Agency Commercial Mortgage-Backed Securities
  • Agency Debt Securities
  • Discount Window
  • Treasury Debt Auctions & Buybacks as Fiscal Agent
  • Foreign Exchange
  • Foreign Reserves Management
  • Central Bank Swap Arrangements
  • ACROSS MARKETS
  • Statements & Operating Policies
  • Survey of Primary Dealers
  • Survey of Market Participants
  • Annual Reports
  • Primary Dealers
  • Standing Repo Facility Counterparties
  • Reverse Repo Counterparties
  • Foreign Exchange Counterparties
  • Foreign Reserves Management Counterparties
  • Operational Readiness
  • Central Bank & International Account Services
  • Programs Archive

As part of our core mission, we supervise and regulate financial institutions in the Second District. Our primary objective is to maintain a safe and competitive U.S. and global banking system.

phd in petroleum economics and management

The Governance & Culture Reform hub is designed to foster discussion about corporate governance and the reform of culture and behavior in the financial services industry.

phd in petroleum economics and management

Need to file a report with the New York Fed? Here are all of the forms, instructions and other information related to regulatory and statistical reporting in one spot.

phd in petroleum economics and management

The New York Fed works to protect consumers as well as provides information and resources on how to avoid and report specific scams.

The Federal Reserve Bank of New York works to promote sound and well-functioning financial systems and markets through its provision of industry and payment services, advancement of infrastructure reform in key markets and training and educational support to international institutions.

phd in petroleum economics and management

The New York Fed provides a wide range of payment services for financial institutions and the U.S. government.

phd in petroleum economics and management

The New York Fed offers several specialized courses designed for central bankers and financial supervisors.

phd in petroleum economics and management

The New York Fed has been working with tri-party repo market participants to make changes to improve the resiliency of the market to financial stress.

  • High School Fed Challenge
  • College Fed Challenge
  • Teacher Professional Development
  • Classroom Visits
  • Museum & Learning Center Visits
  • Educational Comic Books
  • Lesson Plans and Resources
  • Economic Education Calendar

phd in petroleum economics and management

We are connecting emerging solutions with funding in three areas—health, household financial stability, and climate—to improve life for underserved communities. Learn more by reading our strategy.

phd in petroleum economics and management

The Economic Inequality & Equitable Growth hub is a collection of research, analysis and convenings to help better understand economic inequality.

phd in petroleum economics and management

This Economist Spotlight Series is created for middle school and high school students to spark curiosity and interest in economics as an area of study and a future career.

Liberty Street Economics

« Taking Stock: Dollar Assets, Gold, and Official Foreign Exchange Reserves | Main | Can Discount Window Stigma Be Cured?  »

Thinking of Pursuing a PhD in Economics? Info on Graduate School and Beyond

Kasey Chatterji-Len and Anna Kovner

Photo of three young students writing a formula on a green blackboard with white chalk.

Becoming a PhD economist can provide a fulfilling and financially secure career path. However, getting started in the field can be daunting if you don’t know much about the preparation you’ll need and the available job opportunities. If you’re wondering what it means to be an economics researcher or how to become one, please read on. We’ll review how to prepare for a career in economics research, what an economics PhD program entails, and what types of opportunities it might bring. Economic education is a core component of the Federal Reserve Bank of New York’s mission to serve the community. To empower would-be economists, this post provides information for students who seek a career in economics research. We hope this information will be helpful to students interested in economics, regardless of their background and economic situation.  This information is most applicable to students applying to programs in the United States.  

The Breadth of Economics Research  

Academic disciplines conduct research in different ways, so it’s important to have a basic understanding of the types of questions economists ask and how they approach answering them. There are many definitions of economics, but a broadly useful one is the study of how people, organizations, and governments make decisions under different constraints, and how those decisions may affect their outcomes. 

When answering these questions, economists seek to ground their analyses in models and to be quantitatively precise about the effects they assign to any given cause. The range of topics economists can study is wide, but the accepted approaches to answering questions are stricter. Some examples of what economists might ask: 

  • How do different public housing programs affect the children who live there? 
  • Does a certain type of law encourage businesses to innovate? 
  • How will a change in the interest rate affect inflation and unemployment rates? 
  • How much does affordable health insurance improve people’s health? 
  • How can poor countries eradicate poverty? 

There are many different subfields within economics, including, but not limited to behavioral, econometrics, energy/environmental, development, financial, international, monetary, public, and urban economics. You can familiarize yourself with the latest work in economics by subscribing to working paper series, such as NBER’s New This Week or the New York Fed’s Staff Reports . To get an idea of the breadth of questions economists can answer, you could listen to Stephen Dubner’s “ Freakonomics Radio ” podcast. You may also want to explore the Journal of Economic Perspectives , the New York Fed’s Liberty Street Economics blog, VoxDev , or VoxEU .  

What Is a PhD Program Like?    

Economics PhD programs typically last five to seven years. Unlike masters programs, they are often fully funded with a stipend, though most require students to complete teaching assistant and/or research assistant (RA) work as part of their funding package. In the first two years, students take classes, many of which are mathematically demanding. The rest of the program can include additional classes but is primarily devoted to original research with the aim of producing publishable papers that will constitute the dissertation.  

Faculty advisors are a central part of PhD programs, as students look to them for guidance during the research process. Economics PhD programs are offered within university economics departments, but there are similar programs in public policy and business schools. You can look at their websites to understand any differences in coursework and subsequent job placements. 

What Can You Do with an Economics PhD?  

Upon graduation, students can obtain jobs in a variety of industries. Many PhD students hope to become university professors. Governments and public policy-related institutions such as the Federal Reserve System, the U.S. federal government, the World Bank, and the International Monetary Fund (IMF) also hire economists to work on policy, lead programs, and conduct research. Finally, economics PhD graduates can also find employment at a variety of private sector companies, including banks, economic consulting firms, and big tech companies. The pay for these different positions can vary. According to the American Economics Association (AEA), the average starting salary for economics assistant professors in 2022-23 was approximately $140,000 at PhD granting institutions and $98,000 at BA granting institutions. 

Programs often publish the placements of their PhD graduates, so you can look online to see specific employment outcomes. See, for example, the University of Maryland’s placements . Ultimately, economists are highly regarded as authorities on a variety of topics. Governments, nonprofits, philanthropic foundations, financial institutions, and non-financial businesses all look to economists to answer important questions about how to best achieve their goals. Thus, earning an economics Ph.D. can potentially help you to influence issues that are important to you. 

Preparing for an Economics PhD Program  

There are several components to an economics PhD program application: college transcripts, GRE scores, letters of recommendation, and personal statements. Please download the Appendix linked below to learn more about transcripts and letters of recommendation. The Appendix details ways in which you can select coursework, obtain research experience, and develop relationships to position yourself for success as a PhD applicant.  

If you feel that you are too far along in your academic career to take enough of the classes described in the Appendix, this does not necessarily preclude you from pursuing an economics PhD. For example, it’s possible to take some of these classes through a master’s program, or through a pre-doctoral RA job. Some pre-doctoral RA jobs, such as the one here at the New York Fed , may enable you to take classes in preparation for graduate school. If you are concerned about your transcript, reach out to an economist at your university for advice; program standards for coursework and grades vary, and it’s a good idea to get more personalized advice. 

Research Experience   

If you’re interested in becoming an economics researcher and applying to PhD programs, it’s best to get research experience as soon as possible. Working as an RA is a great way to learn how to conduct research and get a better idea of whether it’s the right career path for you. Additionally, it can help you obtain a letter of recommendation for graduate school applications and improve your qualifications.  

All types of academic research can be enriching, but it’s beneficial to gain experience working directly with an economist. To find a position, you can reach out to professors whose work you find interesting or find an RA program at your school. Typical RA tasks may involve data collection and cleaning, as well as running analyses and creating charts to represent results. This is where coding skills become crucial; having taken math, statistics, and econometrics courses will also enable you to take on more responsibilities. 

You may also have the opportunity to conduct your own research, possibly under the supervision of a professor at your university. This research could be self-initiated or part of a course such as a thesis workshop. Self-directed research is a great opportunity to learn about all stages of the research process. It’s also an excellent opportunity to create a writing sample for graduate school applications. Ultimately, though, your motivation for conducting your own research project should be that you want to answer a question.  One thing economists have in common is a love of answering questions using data and theory. 

Research experience is also often obtained after completing an undergraduate or master’s degree. Taking on a full-time RA position before applying to PhD programs is very common and can make you a more competitive applicant. You may either get an RA job working for a professor or participate in a pre-doctoral RA program.  

Research assistant programs are more structured than positions with individual professors or projects, which could be helpful. Universities, parts of the government, think tanks, research organizations, and the Federal Reserve System are all good places to look for research assistant programs. To help you decide which opportunities are most desirable, you may want to ask potential employers : Where do people in this program tend to go afterward? Will I be working directly with an economist? How much of my time will be spent on academic research work? Will I be able to take classes as part of this program? Considering whether an economist will be able to evaluate your performance is an important factor for recommendation letters. The ability to take classes, either through tuition reimbursement or waivers, can also be an important benefit. 

The Research Analyst program here at the Federal Reserve Bank of New York is one example of these programs and you should check it out here . The Federal Reserve Board of Governors also has a large program, and many other regional Federal Reserve Banks have similar programs. In addition, the PREDOC website and the  NBER post listings of RA opportunities. J-PAL and IPA also tend to recruit RAs for economic development projects. Another source of RA opportunities is the @econ_ra account on X. 

Who Should Get a PhD in Economics?  

A PhD may not be for everyone, but it is for anyone—people of all genders, religions, ethnicities, races, and national origins have PhDs in economics. Many economists majored in economics, but others majored in math, physics, or chemistry. Because economics is such an integral part of policymaking, it is important that economists come from a wide range of backgrounds so policy can be stronger and more effective. The inclusion of differing perspectives helps ensure that the contribution of economists to work in public policy, academia, and beyond effectively serves the broadest range of society. 

  • Coursework Appendix

phd in petroleum economics and management

Kasey Chatterji-Len is a research analyst in the Federal Reserve Bank of New York’s Research and Statistics Group.

phd in petroleum economics and management

Anna Kovner  is the director of Financial Stability Policy Research in the Bank’s Research and Statistics Group.

How to cite this post: Kasey Chatterji-Len and Anna Kovner, “Thinking of Pursuing a PhD in Economics? Info on Graduate School and Beyond,” Federal Reserve Bank of New York Liberty Street Economics , May 31, 2024, https://libertystreeteconomics.newyorkfed.org/2024/05/thinking-of-pursuing-a-phd-in-economics-info-on-graduate-school-and-beyond/.

You may also be interested in: AEA: Resources for Students

PREDOC: Guidance for Undergraduates

RA Positions-Not at the NBER

Disclaimer The views expressed in this post are those of the author(s) and do not necessarily reflect the position of the Federal Reserve Bank of New York or the Federal Reserve System. Any errors or omissions are the responsibility of the author(s).

Share this:

Feed

Post a comment

Your email address will not be published. Required fields are marked *

(Name is required. Email address will not be displayed with the comment.)

RSS

Liberty Street Economics features insight and analysis from New York Fed economists working at the intersection of research and policy. Launched in 2011, the blog takes its name from the Bank’s headquarters at 33 Liberty Street in Manhattan’s Financial District.

The editors are Michael Fleming, Andrew Haughwout, Thomas Klitgaard, and Asani Sarkar, all economists in the Bank’s Research Group.

Liberty Street Economics does not publish new posts during the blackout periods surrounding Federal Open Market Committee meetings.

The views expressed are those of the authors, and do not necessarily reflect the position of the New York Fed or the Federal Reserve System.

Image of NYFED Economic Research Tracker Icon

Economic Inequality

image of inequality icons for the Economic Inequality: A Research Series

Most Read this Year

  • Credit Card Delinquencies Continue to Rise—Who Is Missing Payments?
  • The Post-Pandemic r*
  • Spending Down Pandemic Savings Is an “Only-in-the-U.S.” Phenomenon
  • The Evolution of Short-Run r* after the Pandemic
  • Auto Loan Delinquency Revs Up as Car Prices Stress Budgets
  • Economic Indicators Calendar
  • FRED (Federal Reserve Economic Data)
  • Economic Roundtable
  • OECD Insights
  • World Bank/All about Finance

We encourage your comments and queries on our posts and will publish them (below the post) subject to the following guidelines:

Please be brief : Comments are limited to 1,500 characters.

Please be aware: Comments submitted shortly before or during the FOMC blackout may not be published until after the blackout.

Please be relevant: Comments are moderated and will not appear until they have been reviewed to ensure that they are substantive and clearly related to the topic of the post.

Please be respectful: We reserve the right not to post any comment, and will not post comments that are abusive, harassing, obscene, or commercial in nature. No notice will be given regarding whether a submission will or will not be posted.‎

Comments with links: Please do not include any links in your comment, even if you feel the links will contribute to the discussion. Comments with links will not be posted.

Send Us Feedback

The LSE editors ask authors submitting a post to the blog to confirm that they have no conflicts of interest as defined by the American Economic Association in its Disclosure Policy. If an author has sources of financial support or other interests that could be perceived as influencing the research presented in the post, we disclose that fact in a statement prepared by the author and appended to the author information at the end of the post. If the author has no such interests to disclose, no statement is provided. Note, however, that we do indicate in all cases if a data vendor or other party has a right to review a post.

  • February 2024
  • January 2024
  • December 2023
  • November 2023
  • October 2023
  • September 2023
  • August 2023
  • February 2023
  • January 2023
  • December 2022
  • November 2022
  • October 2022
  • September 2022
  • August 2022
  • February 2022
  • January 2022
  • December 2021
  • November 2021
  • October 2021
  • September 2021
  • August 2021
  • February 2021
  • January 2021
  • December 2020
  • November 2020
  • October 2020
  • September 2020
  • August 2020
  • February 2020
  • January 2020
  • December 2019
  • November 2019
  • October 2019
  • September 2019
  • August 2019
  • February 2019
  • January 2019
  • December 2018
  • November 2018
  • October 2018
  • September 2018
  • August 2018
  • February 2018
  • January 2018
  • December 2017
  • November 2017
  • October 2017
  • September 2017
  • August 2017
  • February 2017
  • January 2017
  • December 2016
  • November 2016
  • October 2016
  • September 2016
  • August 2016
  • February 2016
  • January 2016
  • December 2015
  • November 2015
  • October 2015
  • September 2015
  • August 2015
  • February 2015
  • January 2015
  • December 2014
  • November 2014
  • October 2014
  • September 2014
  • August 2014
  • February 2014
  • January 2014
  • December 2013
  • November 2013
  • October 2013
  • September 2013
  • August 2013
  • February 2013
  • January 2013
  • December 2012
  • November 2012
  • October 2012
  • September 2012
  • August 2012
  • February 2012
  • January 2012
  • December 2011
  • November 2011
  • October 2011
  • September 2011
  • August 2011
  • Request a Speaker
  • International, Seminars & Training
  • Governance & Culture Reform
  • Data Visualization
  • Economic Research Tracker
  • Markets Data APIs
  • Terms of Use

phd in petroleum economics and management

Doing Your PhD in Energy and Environmental Economics at Harris

If you are considering a PhD in energy and environmental economics, or if you are a professor advising such a student, we encourage you to consider a PhD in Public Policy from the University of Chicago Harris School of Public Policy. Between the large (and still growing!) energy and environmental faculty group within Harris, related faculty in other units, and the intellectual hub provided by the Energy Policy Institute at the University of Chicago ( EPIC ), we believe that Harris is one of the very best places for PhD students to come study research problems at the intersection of energy and the environment, in both the developed and developing world.

The faculty group focused on energy and the environment has grown substantially in the past few years. At Harris, you will have the opportunity to take courses from and work with Fiona Burlig , Steve Cicala , Eyal Frank , Michael Greenstone , Koichiro Ito , Amir Jina , Ryan Kellogg , and Bob Rosner . We are currently on the market for yet more faculty in this area.

The total size of a Harris PhD cohort is modest—roughly 10 students per year total—so that admitted students receive a level of personal attention from faculty that is unusual for programs of this caliber. Beyond the core Harris energy faculty, students also have the opportunity to work with and learn from Harris’s deep bench of applied microeconomists and political economists, including faculty such as Oendrila Dube and Austin Wright who have studied the relationship between energy resources and conflict. Outside of Harris, our students can work with and learn from faculty in other units who work on energy and the environment, including Thom Covert , Elizabeth Moyer , Mark Templeton , and Bob Topel .

Like all Harris PhDs, students focusing on energy and the environment take a rigorous first-year course sequence on economics, econometrics, and political science. In their second year, students then take a three-quarter sequence on energy and environmental economics. This sequence is currently taught by Professors Greenstone, Kellogg, and Ito. These second-year courses are complemented by a suite of options for additional coursework in other economic subfields and in applied econometrics. Our students regularly enroll in PhD courses offered by the University of Chicago’s Kenneth C. Griffin Department of Economics.

New for 2018-2019, students will be able to apply for a traineeship program in Data Science for Energy and Environmental Research , funded by a $3 million grant from the NSF. This program is aimed at Harris PhD students who are particularly interested in learning frontier data science methods and applying these tools to interdisciplinary problems at the intersection of food, energy, water, and the environment. Harris PhD students who are admitted as trainees will receive two years of tuition and stipend support through this program. All Harris PhDs will have access to courses and workshops offered through this traineeship, which will include interdisciplinary offerings in data science and the geosciences.

Beyond formal classroom training, the rich seminar culture at Chicago offers many opportunities to see presentations of cutting-edge research. Options include the EPIC energy and environment lunch workshop , Harris public policy and economics workshop , Harris development lunch , Becker-Friedman workshop , and Booth applied economics workshop , among others. Students have opportunities to obtain feedback on their own work at both the EPIC lunch and the Harris Monday PhD workshop .

We encourage students from diverse backgrounds to apply. Our diverse faculty is a complementary resource that enables students to explore a wide range of research questions in energy and the environment. While we do expect our entering students to have a strong math background—multivariate calculus and statistical coursework are minima—do not let doubts about your technical training prevent you from applying. If we admit you, it’s because we think you’re smart enough to handle our technical PhD courses, and because we’re committed to providing the mathematical training you need.

Ryan Kellogg photo

Ryan Kellogg Professor and Deputy Dean for Academic Programs

Upcoming events, international leadership credential information session, harris evening master's program information session, crafting compelling policy narratives with david chrisinger, you might also be interested in..., us offshore wind needs american-made ships. the first is nearly ready, climate change may cost $38 trillion a year by 2049, study says.

Harris

PKU-UChicago Summer School General Webinar

Dodi Duha

Student Profile, Dodi Duha, MPP Class of 2025

  • How to Apply
  • Why Public Policy
  • Financial Aid
  • Academic Advising
  • Disability Resources
  • Room Reservations
  • Academic Calendar
  • Faculty Resources
  • Faculty Access
  • Human Resources
  • News and Events
  • Alumni Directory
  • Get Involved
  • Open Search box
  • News and Events Home
  • News Archive
  • News Archive 2022-2023
  • News Archive 2018-2021
  • Virtual Events Archive
  • Signature Events Overview
  • Gerald Loeb Awards Home
  • 2024 Loeb Awards Open Call For Entries
  • Banquet and Ceremony
  • Submit Entry
  • Competition Categories
  • Historical Winners
  • Career Achievement Categories
  • Eligibility and Rules Home
  • Administration of Awards
  • Final Judges
  • Embracing Diversity Week
  • Commencement Overview
  • MBA, EMBA, FEMBA, Ph.D. Commencement Overview
  • Commencement Speaker
  • FAQ Students
  • UCLA-NUS Commencement
  • MFE Commencement Overview
  • Parking & Directions
  • MSBA Commencement Overview
  • Hotel Information
  • Video Archives
  • John Wooden Global Leadership Awards Overview
  • Fellowship Application
  • John Wooden
  • Anderson Speaker Series
  • Dean's Distinguished Speaker Series
  • Velocity Women's Summit
  • Impact Week
  • 'Palooza
  • Anderson Student Kickoff

June 2024 Economic Forecast

Houses in neighborhood

Despite Near-Term Subtrend Growth, UCLA Anderson Forecast Sees No Recession on the Horizon in 2024

  • National election results could usher in new economic policies that influence forecast in 2025 and beyond
  • California’s economy will grow faster than the nation’s in 2025, despite slower growth in 2024

Los Angeles (June 6, 2024) — Analysis by UCLA Anderson Forecast suggests the slowing of the economy does not portend a national recession, despite three months of subtrend growth in the first quarter of 2024 — following six solid months of growth that exceeded the 2.5% average growth of recent years — and two more quarters of subtrend growth forecasted for the summer and fall of 2024.

In California, the forces driving the state’s robust economy remain in place. These forces saw the state grow at a 3.7% compound annual rate in 2023, faster than all but three large states: Washington, Florida and Texas (though on a per capita basis, California grew marginally slower than Texas and faster than any of the other large states). However, in 2024, the continued slowing of the national economy will affect the state’s economy. Specific sectoral weaknesses in California, as evidenced by its high unemployment rate, will contribute to 2024’s being an atypical year of slower-than-U.S. growth for the state. The following two years, though, will be characterized by more typical, higher-than-U.S. economic growth.

The national forecast

In the U.S. forecast report, UCLA Anderson Forecast director Jerry Nickelsburg outlines two ways that slower economic growth might occur. The first is a contraction in demand, the type of slow growth that typically results in press reports detailing “a sharp slowdown in GDP growth” or a jobs report that “shows looser labor markets.” These reports make it sound as if the economy is on the brink of a recession. But there is another scenario that leads to slow growth. That occurs when demand is sufficiently strong for more rapid growth, but supply constraints are inhibiting economic growth. These can take the form of tight labor markets or a lack of physical productive capacity. At present, these latter conditions are slowing the economy and are also consistent with persistently high interest rates.

In circumstances where labor markets are loose, companies adjust their workforce to account for changes in demand, and such adjustments result in an elevation of the layoff rate. But the layoff rate is at historically low levels and it is not increasing. If firms were hoarding labor after the immediate, post-pandemic labor shortage, then the redundant labor would lead to a decrease in worker productivity. But in 2023, productivity increased by 2.9%, led by non-manufacturing business.

Faced with sufficient demand and a shortage of labor, firms are attempting to increase output with additional capital, as evidenced by record durable goods orders, increased manufacturing backlogs and the rush to build new factories. Petroleum extraction that provides fuel for economic growth, which declined because of weather events in the early part of the year, has now come back to 13 million barrels per day.

The June Forecast report is not dissimilar to the report presented in March. The forecast for the second and third quarters of 2024 are somewhat stronger, while the fourth quarter of the year is predicted to be weaker than believed three months ago, owing to the aforementioned capacity constraints. In this U.S. presidential election year, Congress has been passing bipartisan funding bills, and warning bells from Washington have been silenced for the time being. The forecast expects that the labor market constraints will ease in 2025 because of higher immigration rates coupled with higher wages, which in turn will induce higher labor force participation rates among prime working-age adults. Construction of new factories and current industrial policy should also ease production constraints in 2025 and 2026, contributing to slightly above-trend growth in the forecast.

The oft predicted but never seen “recession next quarter” alarm bells have been silenced in the face of expansionary fiscal policy, new national industrial policy and robust consumer spending. Inflation is slowly finding new equilibrium in the 2.2% to 2.7% per annum range, kept higher by residential rents, automobile repair and higher health insurance premiums, and the Forecast expects the Federal Reserve to take a neutral stance, while economic growth rebounds to trend rates.

There are risks to the forecast. A protracted shutdown of government has been averted, but the possibility still exists. Geopolitical events might upset the current growth pattern. An important risk of the forecast would be a radically different economic policy after the November elections. The election results might usher in different national economic policy in 2025. These risks are substantial and bear watching, as they could well drive the economy off the current growth path that is predicted to return the U.S. economy to trend growth of 2.5%. Because of those uncertainties, the forecast predicts weaker business investment in the third and fourth quarters of 2024, corresponding to a wait-and-see approach by some firms until after the November election. The upside of the forecast is productivity growth based on new technology that drives higher wages and higher GDP. The economists’ view of AI and robotics is that the impact will be felt after 2026, as technology adoption tends to take time; current tight labor markets could accelerate that timeline.

The California Forecast

In California, the housing market manifests some uncommon conditions. In theory, persistently higher mortgage rates should lower housing prices, but the absence of inventory and pent-up demand by households has resulted in a seasonally adjusted increase in median home prices by 1.6% from the peak in May 2022. Home prices, as measured by the S&P Case Shiller Index, have been climbing since February of 2023 in San Diego by 11.4%, in Los Angeles by 8.7% and by 5.2% in San Francisco. With existing home sales at depression levels, builders should be responding with new developments, but a very wet winter has resulted in no significant growth in building permits. On the plus side, the most recent Allen Matkins/UCLA Anderson Forecast Commercial Real Estate Survey reported that 32% of the panelists in Northern California and 55% in Southern California would begin one or more new multi-family projects this year. The slow start to new home construction has been factored into the forecast, with weaker housing in 2024 and a resurgence in 2025.

For the past year, the Forecast has documented the slowdown in goods moving through the seaports and airports of California, the data suggesting a bottoming out. The downturn in imported goods movement at the state’s three major seaports reversed between March and June 2024. Some of the prior sharp turndown occurred when trans-Pac shipping diverted to East Coast ports as a way for shippers to mitigate risk while unsettled labor issues at West Coast ports worked themselves out. But with new labor contracts in place, the risk has abated, while global weather conditions have slowed shipping through the Panama Canal into the Gulf of Mexico. As a result, the Forecast predicts an increase of goods passing through California ports in the coming year.

The three-year forecast for California, once again, is for the state to grow faster than the U.S. — but not by much after 2024. The risks to the forecast are political and geopolitical; potentially, interest rates might still disrupt the current expansion on the downside and increased international immigration and accelerated onshoring of technical manufacturing on the upside.

The unemployment rate for the second quarter of this year is expected to average 5.2%, and the averages for 2024, 2025 and 2026 are expected to be 5.1%, 4.5% and 4.2%, respectively. The forecast for 2024, 2025 and 2026 is for total employment growth rates to be –0.3%, 2.3% and 2.8%.

In spite of the higher interest rates, the continued demand for a limited housing stock, coupled with state policies inducing new home building, should result in the beginning of a recovery in 2024, followed by solid growth in new home production thereafter. The expectation is for 110,000 net new units to be permitted in 2024 and permitted new units to grow to 152,000 by the end of 2026. Needless to say, this level of home building means that the prospect for the private sector building out of the housing affordability problem over the next three years is nil.

About UCLA Anderson Forecast

UCLA Anderson Forecast is one of the most widely watched and often-cited economic outlooks for California and the nation and was unique in predicting both the seriousness of the early-1990s downturn in California and the strength of the state’s rebound since 1993. The Forecast was credited as the first major U.S. economic forecasting group to call the recession of 2001 and, in March 2020, it was the first to declare that the recession caused by the COVID-19 pandemic had already begun.

uclaforecast.com

About UCLA Anderson School of Management

UCLA Anderson School of Management is among the leading business schools in the world, with faculty members globally renowned for their teaching excellence and research in advancing management thinking. Located in Los Angeles, gateway to the growing economies of Latin America and Asia and a city that personifies innovation in a diverse range of endeavors, UCLA Anderson’s MBA, Fully Employed MBA, Executive MBA, UCLA-NUS Executive MBA, Master of Financial Engineering, Master of Science in Business Analytics, doctoral and executive education programs embody the school’s Think in the Next ethos. Annually, some 1,800 students are trained to be global leaders seeking the business models and community solutions of tomorrow.

anderson.ucla.edu

  • About UCLA Anderson
  • Our Character
  • Our Strategic Plan
  • Our Leadership
  • Our History
  • Office of Development Home
  • Impact Stories
  • The Anderson Fund
  • Student Fellowships
  • Equity, Diversity and Inclusion
  • Centers@Anderson
  • Faculty Research
  • Dean’s Society Leadership Giving
  • Reunion Giving
  • Anderson Affiliates
  • Ways to Give
  • Contact Development
  • Our Centers Home
  • Center for Global Management Home
  • For Students Overview
  • Specialize In Global Management
  • On-Campus and/or Hybrid Global Management Courses
  • Global Immersion Courses
  • Global Nonprofit Capstone Projects
  • MBA Research Assistants
  • Career and Personal Development
  • UCLA-NUS Executive MBA
  • F/EMBA International Exchange
  • EMBA International Business Residency
  • Global Management Seminars
  • International Exchange
  • Events and Discussions Overview
  • Global Conferences
  • Greater China and LatAm Series
  • Global Management Speaker Series
  • Global Management Lecture Series
  • Global Business & Policy Forums
  • World Today Discussion Series
  • Robertson Lecture Series on Global Business Leadership
  • Lunch and Dinner Series
  • External Collaborative Partnerships
  • Upcoming Events
  • Past Center Sponsored Events
  • Other UCLA Events
  • Faculty & Global Research
  • Video Gallery
  • Support The Center
  • Center for Media, Entertainment & Sports Home
  • Events Overview
  • Pulse Conference Home
  • Entertainment Case Competition
  • Game Day Sports Case Competition
  • Global Sports Business Forum
  • INSIGHTS - Big Data Conference
  • Real Madrid Global Sports Leadership
  • Research & Insights
  • Corporate Partnership
  • Student Experience Overview
  • Industry Network
  • Undergraduate Summer Institute Overview
  • Howard University Initiative
  • High School Summer Discovery
  • About The Center for Media, Entertainment & Sports
  • Board of Directors
  • Easton Technology Management Center
  • Innovation Challenge Home
  • Sustainability Track
  • Healthcare Track
  • Generative AI Track
  • Mentors & Advisors
  • Competition Details
  • Past Events
  • Easton Courses
  • Specialization
  • Innovate Conference
  • Tech + Society Conference
  • The Embracing AI Summit
  • Easton Instructors
  • Get Involved
  • About The Easton Technology Management Center
  • Board of Advisors
  • Faculty Advisory Board
  • Fink Center for Finance & Investments Home
  • Career Impact
  • Student Fellowships Overview
  • Investment Banking Fellowship
  • Kayne Investment Management Fellowship
  • Brown Private Equity and Alternatives Fellowship
  • Quantitative Finance Fellowship
  • News and Events Overview
  • Conference on Financial Markets
  • Fink Investing Conference Home
  • Private Equity Roundtable
  • Fink Credit Pitch Competition
  • Faculty & Research
  • Meet Our Board
  • Meet Our Team
  • Center for Impact Home
  • Academics Overview
  • Specializations and Certificates
  • Impact Investing
  • Social Impact Consulting
  • Open For Good Transparency Index
  • Environmental Metrics
  • Social Metrics
  • Governance Metrics
  • Our Methodology
  • State of Corporate Sustainability Disclosure
  • 2023 Report
  • 2022 Report
  • Sustainability Workshops
  • Corporate Partnership Program
  • Faculty and Research
  • Research and Seminars
  • Research in Energy
  • Research in Sustainability
  • Research in Social Responsibility
  • Alliance for Research on Corporate Sustainability ARCS
  • Morrison Center for Marketing & Data Analytics Home
  • Gilbert Symposium
  • Research Overview
  • Funded Research
  • Student Programs Overview
  • Affiliated Student Organizations
  • Case Competitions
  • Ph.D. Students
  • Morrison Center Advisory Board
  • Price Center for Entrepreneurship & Innovation Home
  • Fellowships
  • Undergraduate Minor in Entrepreneurship
  • Student Investment Fund
  • For Professionals Overview
  • Health Care Executive Program
  • Entrepreneurship Bootcamp for Veterans
  • UCLA Head Start Management Fellows Program
  • Steinbeck Family Business Seminar
  • Management Development for Entrepreneurs
  • UCLA Health Care Institute
  • Anderson Venture Accelerator Home
  • Our Programs
  • Our Companies
  • Mentors and Advisors
  • Showcase 2023
  • Showcase 2022
  • Showcase 2021
  • Showcase 2020
  • Knapp Venture Competition
  • Entrepreneur Association (EA)
  • Past Winners
  • Hire an Anderson Intern
  • UCLA Anderson Forecast Home
  • Research and Reports Overview
  • Forecast Direct Podcast
  • Projects and Partnerships Overview
  • Forecast Fellows Program
  • Allen Matkins
  • Cathay Bank
  • City Human Capital Index
  • Los Angeles City Employment
  • Engage with Us Overview
  • Become A Member
  • Become A Sponsor
  • Speaking Engagements
  • Member Login
  • Renew Membership
  • Join Email List
  • UCLA Ziman Center for Real Estate
  • Howard and Irene Levine Fellows
  • Peter Bren Fellows in Entrepreneurial Real Estate
  • Corporate Concierge Recruiting
  • Howard and Irene Levine Affordable Housing Development Program
  • Alumni (UCLA REAG)
  • UCLA Ziman Center Symposium
  • Howard J. Levine Distinguished Lecture on Business Ethics & Social Responsibility
  • UCLA Distinguished Speaker Series in Affordable Housing
  • Faculty & Research Overview
  • UCLA Gilbert Program in Real Estate, Finance and Urban Economics
  • UCLA Economic Letter
  • UCLA Affordable Housing Policy Brief
  • Working Papers
  • Eviction Moratoria and Other Rental Market COVID-19 Policy Interventions
  • Mortgage Default Risk Index (MDRI)
  • CRSP/Ziman REIT Data Series
  • Conference on Low-Income Housing Supply and Housing Affordability
  • Impact on Our Community Overview
  • Housing as Health Care Initiative
  • Howard and Irene Levine Program in Housing and Social Responsibility
  • Board Leadership
  • Clubs & Associations Home
  • Anderson Student Association (ASA)
  • Think in the Next Innovation Challenge
  • Innovation & Design Case Competition
  • Strategy and Operations Case Competition
  • Health Care Business Case Competition
  • Challenges in Energy Case Competition
  • Professional Clubs
  • Association of Veterans at Anderson (AVA)
  • Association for Real Estate at Anderson (AREA)
  • Energy and Cleantech Association (ECA) Home
  • Energy Innovation Conference
  • Entertainment Management Association (EMA) Home
  • International Film Festival
  • Food & Beverage Association (FABA)
  • Healthcare Business Association (HBA) Home
  • HBA VITALS Conference
  • Innovation & Design at Anderson (IDeA) Home
  • Innovation and Design Case Competition
  • Investment Finance Association (IFA)
  • Management Consulting Association (MCA)
  • Marketing Association (MA)
  • Net Impact (NI) Home
  • High Impact Tea
  • Retail Business Association (RBA) Home
  • Evolve Conference
  • Sports Business Association (SBA)
  • Strategy & Operations Management Association (SOMA) Home
  • Tech Business Association at Anderson (AnderTech) Home
  • Unchained: Blockchain Business Forum
  • Women’s Business Connection (WBC)
  • Identity Clubs
  • The Alliance for Latinx Management at Anderson (ALMA)
  • Asian Management Student Association (AMSA)
  • Black Business Students Association (BBSA) Home
  • BHM Events - Better Together
  • Christian Student Fellowship (CSF)
  • European Business Association (EBA)
  • Greater China Business Association (GCBA)
  • Japan America Business Association (JABA)
  • Jewish Business Students Association (JBSA)
  • Joint Ventures (JV)
  • Korean Business Student Association (KBSA)
  • Latin American Business Association (LABA)
  • Middle East & Africa Club
  • Muslim Business Student Association (MBSA)
  • Out@Anderson (O@A) Home
  • LGBTQ Awareness Week
  • South Asian Business Association (SABA)
  • Southeast Asian Business Association (SEABA)
  • Taiwanese Student Business Association (TSBA)
  • Institutions Clubs
  • Anderson Onboarding Committee (AOC)
  • Admissions Ambassador Corps (AAC)
  • Entrepreneurship Through Acquisition
  • Challenge for Charity
  • Interest Overview
  • A Comedy Club (ACC)
  • Adam Smith Society (SmithSoc)
  • Craft Beer Club
  • Creatives at Anderson (AnderCreative)
  • Eats (AnderEats)
  • Public Speaking Club at Anderson (PSC)
  • Spirits @ Anderson
  • Travel and Hospitality Association (THA)
  • Wine Club at Anderson (WCA)
  • Athletics Overview
  • Basketball Club at Anderson (Anderball)
  • John Anderson Golf Club
  • Outdoor Adventure Club (OAC)
  • Soccer Club (SC)
  • Tennis Club at Anderson (TCA)
  • Wellness Club
  • Equity, Diversity & Inclusion
  • Events and Spotlights
  • Embracing Diversity Series
  • Hear to Include
  • Student EDI Council
  • Key EDI Activities
  • What You Can Do
  • Pathway Guidance Program Overview
  • Inclusive Ethics Initiative
  • Asian@Anderson
  • Black@Anderson
  • Latinx@Anderson
  • LGBTQ@Anderson
  • Veterans@Anderson
  • Women@Anderson
  • Information & Technology Home
  • New Faculty Information
  • New PhD Information
  • New Student Information
  • Anderson Computing & Information Services (Intranet Portal)
  • Rosenfeld Library Home
  • Databases Overview
  • Business Databases by Name
  • Business Databases by Category Overview
  • Analyst Reports
  • Company Information
  • Industry Information
  • International Information
  • Market Research
  • Taxation & Accounting
  • Books & Other Sources
  • Anderson Proxy Server / Off-Campus Access
  • Database Alerts (Under Revision)
  • Discipline eSources Overview
  • Decisions, Operations and Technology Management
  • Global Economics and Management
  • Information Systems
  • Management and Organizations
  • Working Papers, Cases
  • Business Topics
  • Government Information
  • Search & Find
  • Electronic Journals at UCLA
  • New "Management" Titles at Rosenfeld and Other UCLA Libraries
  • Citation Linker for Articles in (or Not in) UCLA-Licensed Online Content
  • Career Management
  • Company Ratios
  • Industry Ratios
  • Internet Search
  • Special Collections
  • UCLA Library Catalog
  • Melvyl (UC Libraries)
  • Citing Business Sources
  • Assessing Global Issues
  • Career Research in the Rosenfeld Library
  • Competitive Intelligence
  • Research Toolkit
  • Services Overview
  • Faculty Course Support
  • Media & Technology Industry Information
  • Ph.D. Research Support
  • Consult a Business Research Librarian
  • Borrowing Privileges
  • Document Delivery
  • Field Study Research Support: AMR/BCO/GAP/SMR/UCLA-NUS EMBA
  • Course Reserves Overview
  • Find Reserve Items
  • Info for Faculty
  • Hours of Operation
  • Conduct in the UCLA Libraries
  • External (Non-Anderson) Users of Rosenfeld Library
  • New "Management" Titles RSS Feed
  • UCLA Library
  • User Rights and Responsibilities
  • Facility Use
  • Rental Spaces
  • Vendor Contacts
  • Maps & Directions
  • Parking Information
  • Degrees Home
  • Full-Time MBA Home
  • Admissions Home
  • Request Information
  • Requirements
  • Admissions Events
  • Class Profile
  • International Applicants
  • Concurrent Degrees
  • Admission Policies
  • Consortium Candidates
  • Academics Home
  • Customizable Schedule
  • Flexibility & Specializations
  • Capstone Project
  • Business Creation Program
  • Anderson Student Asset Management (ASAM) Home
  • Annual Report
  • Fund Strategies and Resources
  • Academic Centers
  • Global Options
  • Academic Calendar
  • Consulting Career Path
  • Marketing Career Path
  • Entertainment Career Path
  • Technology Career Path
  • Finance Career Path
  • Social Impact Career Path
  • Health Care Career Path
  • Entrepreneurship Career Path
  • Real Estate Career Path
  • Operations Career Path
  • Energy Career Path
  • Retail Career Path
  • Sports Career Path
  • Living in L.A.
  • Family Life
  • Clubs & Associations
  • Embracing Diversity
  • Financing Overview
  • Financing Opportunities
  • Financing Requirements
  • Connect With Our Students
  • Getting Here
  • Admit Central
  • Why UCLA Anderson
  • Timeline & Email Archive
  • Student Life Home
  • Clubs & Extracurriculars
  • Getting Settled Home
  • Housing and Utilities
  • Transportation and Parking
  • Campus Resources
  • Student Health
  • International Students Home
  • Student Visas
  • Your Academic Experience
  • Your Career Considerations
  • International Students Onboarding Sessions
  • Tips for International Students
  • Anderson Onboarding Home
  • Anderson Onboarding FAQ
  • Curriculum & Academics Home
  • Course Schedule
  • Academic Preparation
  • Career Services Home
  • Career Preparation
  • Industry Camps
  • Paying for School
  • Financing Your MBA Home
  • Meet the Team Home
  • Fully Employed MBA Home
  • Assistant Dean's Advice
  • Connect with a Student
  • UC Transfers
  • Exam Waiver
  • Military and Veterans
  • Admissions Policies
  • Specializations
  • Global Experience
  • Flexible Options
  • Drive Time Podcast
  • Student Perspectives
  • Costs & Financing
  • Meet our Team
  • Admit Central Home
  • Why UCLA Anderson?
  • Accepting Admission
  • Important Items & Official Onboarding
  • Build Your Network
  • Executive MBA Home
  • Requirements and Deadlines
  • Connect with an EMBAssador
  • U.S. Military, Reservist, & Veterans
  • Flexible Schedules
  • Electives & Specializations
  • Capstone Overview
  • For Companies
  • Culture Overview
  • Equity, Diversity, & Inclusion
  • Conferences and Special Events
  • Clubs and Associations
  • Meet the Team Overview
  • EMBA Admit Central Home
  • Finalizing Admission
  • Pre-EMBA Academic Preparation
  • Important Dates and Events
  • Cost and Financing
  • Career Services
  • Directions and Accommodations
  • Ph.D. Program Home
  • Admissions Overview
  • Admissions FAQ
  • Areas of Study Home
  • Accounting Overview
  • Meet the Students
  • Courses and Seminars
  • Behavioral Decision Making Overview
  • Decisions, Operations and Technology Management Overview
  • Finance Overview
  • Global Economics and Management Overview
  • Management and Organizations Overview
  • Marketing Overview
  • Strategy Overview
  • Current Job Market Candidates
  • Curriculum & Schedule
  • Admissions Requirements
  • UCLA NUS Alumni Connect
  • Fees and Financing
  • Meet the Team
  • Visit UCLA-NUS Full Site
  • Master of Financial Engineering
  • Admissions Ambassadors
  • Career Impact Overview
  • Career Paths Overview
  • Quant Trading and Sales Trading
  • Data Science
  • Quantitative Research and Analysis
  • Strats and Modeling
  • Portfolio Management
  • Risk Management
  • Consulting and Valuation
  • Employment Report
  • Alumni Coaches
  • Advisory Board
  • Student Life
  • For Companies Overview
  • Recruit An MFE
  • Meet our Team Overview
  • MFE Admit Central Home
  • Admit Checklist
  • Career Support
  • Curriculum and Academics
  • For International Students
  • Prep Before You Start
  • Program Calendar and Fees
  • Master of Science in Business Analytics
  • Prerequisites
  • Holistic Career Services
  • Constant Industry Infusion
  • Student Outcomes & Placement
  • Career Services FAQ
  • Meet Our Students
  • Recruit MSBAs
  • Capstone: Applied Analytics Project
  • Class of 2018
  • Class of 2019
  • Class of 2020
  • Class of 2021
  • Class of 2022
  • Class of 2023
  • Class of 2024
  • Meet Our Team Overview
  • Executive Education Home
  • Open Enrollment Overview
  • Executive Program
  • Corporate Governance
  • Women's Leadership Institute
  • Women In Governance Overview
  • Board Ready Candidates
  • Inclusive Leadership Program
  • Strategic HR Program
  • Leading High Performing Teams
  • Customized Solutions
  • Partner Programs Overview
  • Accounting Minor Program Home
  • Accounting Minor Admissions Requirements
  • Enrolling In Classes
  • Courses Overview
  • Management 195
  • Course Syllabus
  • Useful Links
  • Graduating Seniors
  • Leaders in Sustainability Certificate Program
  • Riordan Programs Home
  • Riordan Scholars Program Overview
  • Saturday Business Institute
  • Riordan MBA Fellows Program Overview
  • Riordan College to Career Program Overview
  • Alumni Association
  • Our Purpose
  • Get Involved Overview
  • Donor Honor Roll
  • Volunteer Opportunities
  • Spark Campaign
  • Who We Are Overview
  • Volunteers and Mentors
  • Riordan Podcast
  • Media Entertainment & Sports Summer Institute
  • Venture Accelerator at UCLA Anderson Home
  • HealthCare@Anderson
  • Health Care and Behavioral Economics
  • Women and Healthcare
  • Research and Development
  • Health Care Operations
  • Healthcare Pricing and Financing
  • Other Research
  • Sector-Focused Programs for Professionals
  • Faculty and Research Home
  • Accounting Home
  • Seminars and Events
  • Ph.D. Program
  • Behavioral Decision Making Home
  • Decisions, Operations & Technology Management Home
  • Meet The Ph.D. Students
  • DOTM Supply Chain Blog
  • Finance Home
  • Global Economics and Management Home
  • Meet the Ph.D. Students
  • Political Institutions and Economic Policy (PIEP) Conference
  • Management And Organizations Home
  • Anderson Behavioral Lab
  • HARRT at UCLA
  • Marketing Home
  • Strategy Home
  • Information Systems Research Program Home
  • Connections
  • IS History Home
  • Faculty Directory
  • Faculty Awards
  • Faculty Expertise Guide
  • Open Positions
  • Emeriti Faculty
  • For Companies Home
  • Hire an MBA
  • Hire an MFE
  • Hire an MSBA
  • Engage a Student Consulting Team
  • Applied Management Research Program Home
  • Requirements & Schedule
  • Benefits To Companies
  • Application
  • Student Experience
  • Faculty Advisors
  • Global Access Program Home
  • Global Partner Network
  • Meet the Advisors
  • Past GAP Companies
  • Executive Portal Home
  • Key Dates and Schedules
  • Event Registration
  • Hotels and Directions
  • Visa Information
  • Explore Los Angeles
  • Post-GAP Consulting Providers
  • Strategic Management Research Program
  • Applied Finance Project
  • Applied Analytics Project
  • Early-Stage Investment Fund
  • Field Experiments in Strategy
  • Management Practicum
  • Alumni Home
  • Alumni Directory
  • All Chapters and Groups
  • International
  • Worldwide Welcome Weeks 2023
  • Alumni Weekend 2024
  • Friday Faculty Chats
  • Alumni Weekend
  • Alumni Weekend 2022
  • Alumni Weekend 2021
  • Alumni Weekend 2019
  • Alumni Weekend 2018
  • Worldwide Welcome Weeks 2022
  • Worldwide Welcome Weeks 2021
  • Worldwide Welcome Weeks 2018
  • Worldwide Welcome Weeks 2017
  • Career Re-LAUNCH
  • UCLA Campus
  • Career Services Overview
  • Career Resources
  • Stay Connected Overview
  • Alumni Community
  • Email Lists
  • Class Notes
  • News@Anderson
  • Alumni Awards
  • Board of Directors Overview
  • Letter from the President

Department of Economics

New joint degree in economics and management to offer exciting career pathways.

Header image for article

The Department of Economics is joining forces with one of the top business schools in the UK to launch a new undergraduate course.

The BSc Economics and Management degree combines two interrelated disciplines of economics and management, two highly ranked subjects by the Times and Sunday Times Good University Guide 2024, with the Department of Economics ranked number one in the UK and the Warwick Business School’s BSc Management ranked second by the same publication.

In today’s fast-changing economic landscape, business leaders, consultants, analysts and civil servants need to have a fundamental understanding of both disciplines: economic theory to be able to critically analyse economic data and managerial knowledge to adapt their business strategy accordingly.

This course will teach students the cutting-edge tools and latest research to do just that, helping them excel in their careers with transferable skills for any business.

Graduates from the Department of Economics and WBS have gone on to work for global names like Goldman Sachs, Unilever, Amazon, Google, PwC and UK Government departments such as the Department for Business and Trade.

Professor Elizabeth Jones, Director of Undergraduate Studies in the Department of Economics, said:

“We have been developing this programme for a number of years and are excited about its launch and subsequent growth over the coming years.” “The Department of Economics is renowned not only for its research, but also for its teaching, having been awarded the gold standard for teaching in the latest Teaching Excellence Framework. This combination will provide students with access to some of the world’s leading researchers in a range of areas, which will help them develop the knowledge, skills and practical expertise to succeed in their careers.” “We are excited by the opportunity to diversify our portfolio of undergraduate programmes and provide students with more choice when it comes to studying at a top University. Graduates from Warwick Economics are highly sought after and the added advantage for students to benefit from Warwick Business School’s expertise in providing placements will undoubtedly provide fantastic opportunities for students to meet their full potential.”

Professor Mark Johnson, Associate Dean of Undergraduate Programmes at Warwick Business School, said:

“It is great to see this course come to fruition after so much work behind the scenes. “Our ongoing dialogue with employers has revealed a real need from businesses and organisations for graduates who can combine management skills with an understanding of economics and some of the tools needed to navigate the economic landscape. “This course brings together world-class academics from one of the best business schools in the world and the leading researchers from an Economics department ranked second in the UK by the most recent Research Excellence Framework (REF). “At Warwick Business School we are for the Change Makers, those restless to change the world for the better. This course will enable students to gain the skills and knowledge to have a positive impact with any career they choose to build.”

The three-year course can also be extended to four with a placement year at a top company either in the UK or abroad. This gives students the chance to put what they have learned into action in the real world, and it has led to many on other courses securing jobs once they have graduated at leading firms like IBM, Porsche, Samsung and Deloitte.

Warwick Business School’s teaching was given the top gold standard by the UK Government's latest Teaching Excellence Framework (TEF), with the University of Warwick one of just four Russell Group universities rated gold in all three categories - student experience, student outcomes, and for the overall assessment.

For details of the new degree, available for 2025 entry, please visit the course webpage: BSc Economics and Management

Bookings to attend our next Open Days on 15 and 22 June are open now - Open Days at the University of Warwick

Share this article

swayam-logo

Petroleum Economics and Management

Note: This exam date is subjected to change based on seat availability. You can check final exam date on your hall ticket.

Page Visits

Course layout, books and references, instructor bio.

phd in petroleum economics and management

Prof. Anwesha Aditya

Course certificate.

phd in petroleum economics and management

DOWNLOAD APP

phd in petroleum economics and management

SWAYAM SUPPORT

Please choose the SWAYAM National Coordinator for support. * :

BIU World Network

Doctor - Petroleum Industry Management

Distance degree programs for adults & professionals., bircham international university - adult degree programs online., doctor ph.d. degree - business & media, petroleum industry management via distance learning.

The petroleum industry is organized into four broad sectors: exploration and production of crude oil and natural gas; transport; refining; and marketing and distribution. This Doctor Ph.D. Degree strikes a balance between the technical, environmental, economic, and social aspects of managing the different sectors in the petroleum industry. It provides a road map for managing any type of project related to the oil and gas production and market.

Academic Supervisor : Abdollah Esmaeili More information about this academic supervisor at Bircham University Human Network. More info...

The Doctor Ph.D. Degree online via distance learning offers students the highest level of specialization a discipline can offer. More info...

* 45 to 72 academic credits above a Master's program. * Average Duration: 24 months. * Program Structure: 70% textbooks + 30% Thesis. * Admission is open for adults over 27 years of age. * Master's degree or international equivalent (5 years of study) is required for admission.

Fees include all: Program of study, textbooks, study guide, evaluation and assessment, diploma, and transcript. Cost per BIU earned postgraduate credit: 130 Euros (170 US$) Cost per transferred credit from previous education and/or professional experience if required: 20 Euros (25 US$)

45 ... 72 Academic credits Tuition Fee :Min. 5.850 Euros (7.650 US$) ... Max. 9.360 Euros (12.240 US$).

"A good education should teach HOW to think, rather than WHAT to think." Deric Bircham, BIU President.

Payment plans are available upon request up to 36 monthly installments. More info...

Faculty of Business & Media via distance learning

Faculty of Business & Media

  • Doctor Ph.D. Degree

45 ... 72 Academic credits required for this distance learning degree program.

Composition:.

+ 39 Academic credits - Petroleum Industry Management Online + Other additional subjects + 18 Academic credits - Research methodology and final project or thesis.

+ 39 Academic credits: Petroleum Industry Management Online

BIU Earned Credits Credits earned through the completion of academic work at Bircham International University (Reports, Projects and Thesis).

1 BIU Earned Credit = 1 USA Semester Credit (15 hours of learning) = 2 ECTS Credits (30 hours of study). Courses list (each subject accounts for 3 academic credits): You may study any subject as an independent online continuing education course. More info...

Postgraduate level continuing education course. Previous knowledge in this field of study is required.

601PIM - Natural & Synthetic Fossil Fuels 602PIM - The Petroleum Industry 603PIM - Alternative Energies 604PIM - Production Strategy 605PIM - Well Evaluation & Completions 606PIM - Petroleum Refinery 607PIM - Petroleum & Gas Production 608PIM - Transportation & Logistics 609PIM - Operations Management 610PIM - Occupational Safety & Health 611PIM - Petroleum & Gas Extraction 612PIM - Petroleum Industry Management 613PIM - Environmental Risks More info...

Bibliography: Petroleum Industry Management via distance learning The corresponding textbooks are included in the fees. Once the fee has been paid, the books may take between two to five weeks to reach your address. Bircham International University offices may inform you at any time of the status of your books. If the book is in English, the required report must be written in English unless you have requested to write it in other language and have gained Bircham International University authorization. More info... Click here to access the recommended bibliography.

+ Additional courses may be selected from other modules in the Faculty of Business & Media from Bircham International University if required. This selection must be approved by the Distance Learning University Education Board. For example: Renewable Energies .

Research work resources and network - Doctor - Petroleum Industry Management:

ABPIP - Associação Brasileira dos Produtores Independentes de Petróleo e Gás ACIEP - Asociación Española de Compañías de Investigación, Exploración y Producción de Hidrocarburos ACP - Association des Consultants Pétroliers AFPM - American Fuel & Petrochemical Manufactures APICOM - Association of Petroleum Industry Cooperative Managers ARPEL - Asociación Regional de Empresas de Petróleo y Gas Natural en Latinoamérica y el Caribe ATEE - Association Technique Energie Environnement AXPC - American Exploration & Production Council ECEEE - European Council for an Energy Efficient Economy EIA - U.S. Energy Information Administration EP - Euro Petrole IOGP - International Association of Oil and Gas Producers IPAA - Independent Petroleum Association of America IPIECA - Global Oil and Gas Industry Association for Environmental and Social Issues PPDM - Professional Petroleum Data Management Association UFIP - Union Française des Industries Pétrolières USOGA - US Oil & Gas Association More info...

Joining the proper association is the best way to become an updated professional. Bircham International University graduates may join many professional associations. Membership requirements for each association may vary depending on the degree program, specialization and graduate resume en each occasion. BIU can not guarantee membership in all instances. BIU does not intermediate in these procedures. Bircham International University provides a list of available memberships and professional references from each faculty where some BIU graduates may belong. Contact directly the ones you select. More info...

+ 18 Academic credits (Research methodology and final project or thesis. More info... ).

Admission requirements: Doctor - Petroleum Industry Management

Bircham International University distance learning degree admission requirements differ depending upon the Faculty and the major of study. There is no discrimination with respect to race, color, sex, beliefs and/or religion. A minimum of 30% of the total number of credits required by any adult degree program syllabus has to be transferred from previous education and/or validated from professional experience in order to gain admission. A maximum of 20% of the total number of credits required by the distance learning degree program can be transferred from professional and life experience. More info...

Click to Download... Application for Admission

Learning outcomes: Doctor - Petroleum Industry Management

The following learning outcomes are compatible with the European Qualifications Framework (EQF) for lifelong learning and continuing education. The EQF directives facilitate acceptance of this course credits by many higher education institution. These learning outcomes are achieved after completion of this course with a passing grade. Better grades will demonstrate higher analysis, evaluation and critical thinking skills. More info...

EQF LEVEL 6. Advanced knowledge and critical understanding. Outcome resulting from course content assessment and its applicability to problem solving. The student's ability to combine the different parts of the text and to form a new coherent and harmonic final report will determine the critical understanding of the subject and an advanced knowledge of Petroleum Industry Management. The student written report style, content, and structure play an important role in the assessment and applicability of the knowledge about Petroleum Industry Management to different Business & Media decision making scenarios and problem-solving. More info...

EQF LEVEL 7. Advanced knowledge and critical thinking. Outcome resulting from written critical thinking and its applicability to problem solving. The student will contrast and evaluate the learned material with his/her own knowledge and experience to express an opinion about Petroleum Industry Management, to consider the practical application of the key concepts, and to argue the conclusions along the written report. Personal judgments and opinion should be based on sound criteria and must be clearly discussed. More info...

BIU adapts each Distance Learning Higher Education degree program to the needs of each student. More info...

Petroleum Industry Management Online

Recognition - Distance degree programs - More info... Accreditation - Distance Learning University - More info... Degree Legalization - Graduate Services - More info... Acceptance of these Distance Learning Higher Education academic credits is always the prerogative of the receiving institution or employer. Recognition criteria differ depending on each educational institution, or company policy, or country legal framework.

Ph.D. Energy Economics

  • March 17, 2016
  • No Comments

ENERGY

Introduction

Emerald Energy Institute for Petroleum & Energy Economics, Policy and Strategic Studies, University of Port Harcourt, is an Institute for graduate education in petroleum, energy economics, management & policy. Its vision is to educate, empower and engage professionals and corporate decision makers in the petroleum and energy sectors. The Modular, flexible and intensive Ph.D is run in collaboration with Petroleum Engineering Department.

Methods of Instruction and Objectives

The curriculum is flexible and intensive. It is delivered in modules by University faculty and industry experts from Nigeria and abroad. On completion of this programme, the graduates would amongst others, have acquired skills that are relevant for careers in petroleum and energy industries; in government ministries, departments and parastatals that are responsible for managing petroleum and energy resources; and in banking/financial institutions, and energy and petroleum policy consulting units, and the academia.

Admission Requirements

Entry into the PhD programme shall be on a competitive basis. The following are the criteria for the admission of students to the programme:

• Candidate with a B.Sc. Second Class Upper (or Lower Division degree with a CGPA of 3.0 and above on a 5-point scale, in Social and Management Sciences, Engineering or Geosciences with at least three years’ experience in the oil and gas industry) is eligible to apply.

• Applicants must have completed an M.Sc. degree in appropriate majors, with a minimum CGPA of 4.0 on a 5-point scale to be eligible for admission. In addition to the above requirements, ALL candidates must also satisfy the minimum graduate school matriculation requirements of the University of Port Harcourt.

Programme Duration

The Ph.D programmme is hybrid, intensive and flexible. It would require a minimum of 12 quarters of intensive course work subsequent to MSc degree from reputable institutions with a minimum CGPA of 4.0.

Award of Degree

Ph.D Candidates shall be deemed successful in accordance to the University Senate stipulated requirements for the award of a Ph.D degree in Petroleum Economics

  • EEI UNIPORT

admin

Leave a Comment Cancel Reply

Your email address will not be published. Required fields are marked *

Save my name, email, and website in this browser for the next time I comment.

IMAGES

  1. Petroleum Economics

    phd in petroleum economics and management

  2. PETROLEUM ECONOMICS SEMINAR Survey

    phd in petroleum economics and management

  3. PhD in Petroleum Engineering is One of the Best Options

    phd in petroleum economics and management

  4. MSc / PhD in Petroleum and Energy Economics

    phd in petroleum economics and management

  5. Petroleum Economics and Law

    phd in petroleum economics and management

  6. Live session 3: Petroleum Economics and Management

    phd in petroleum economics and management

VIDEO

  1. Masters in Industrial Project Management at Birmingham

  2. PhD in Pharmaceutical Economics and Policy

  3. Petroleum economics and management week 3 assignment answer NPTEL (100/100)

  4. Petroleum Economics Course

  5. Live session 3: Petroleum Economics and Management

  6. Career Success in Data Analysis

COMMENTS

  1. Doctor of Philosophy in Petroleum Engineering (Ph.D.)

    Paths to PhD — There are two Paths to the PhD Degree: M.S. to Ph.D. — Obtaining an M.S. degree first at UH (or elsewhere). Both B.S. and M.S. degrees must have been obtained from an accredited institution in Petroleum Engineering or a relevant engineering or scientific discipline.

  2. Mineral and Energy Economics

    Founded in 1969, this world-renowned program leads to MS and PhD degrees in Mineral and Energy Economics. Originally known as Mineral Economics, our program attracts students from all over the world, and our alumni are known globally for their career achievements and qualifications. Students gain the skills necessary for understanding the ...

  3. The Petroleum Economics and Management program becomes the Energy

    IFP School's Petroleum Economics and Management program (PEM) is evolving to become the Energy Technology Economics and ... France, the UK or Russia. Students following this option graduate with a single IFP School degree. In terms of employment, our graduates go on to work in broad range of professions: energy sector analyst, project ...

  4. PhD Degrees in Energy Economics, Management and Conservation

    An Energy Economics, Management and Conservation PhD programme represents the apex of academic study in this field and informs many of the decisions made by international organisations and governments. To study it, you'll need strong postgraduate credentials and a proposal for a piece of original research which you'll perform and write ...

  5. Doctor of Philosophy (Ph.D.)

    Methodologies include experimental laboratory science, computational modeling and simulation, and advanced data analytics. Our faculty are leading scholars in methods of applied science, engineering, and economics for energy and mineral resource questions. The Ph.D. program in EME offers a unique graduate environment to develop your research ...

  6. MEE Program FAQs

    MS Mineral and Energy Economics: 3 semesters (minimum 36 credits). Dual Degree Petroleum Economics and Management - 16 months (minimum of 48 credits). PhD in Mineral and Energy Economics - 4 to 6 years (minimum of 48 hours of course work plus 24 thesis credits. It takes the average student 1.5 to 2 years to complete their thesis).

  7. Energy and Environmental Economics I (PhD Level)

    The course has several complementary objectives: (1) provide a solid foundation in concepts like Hotelling's Rule and Pigouvian taxation that are a prerequisite for understanding modern environmental and resource economics; (2) develop proficiency with theoretical, computational, and empirical tools that will be valuable for future self ...

  8. Energy, Economics and Finance, MScEcon

    In the first semester of this one-year MSc, you will study key micro and macroeconomic modelling techniques and spend time understanding the critical aspects of financial analysis. You'll also gain an in-depth understanding of energy and petroleum economics and explore issues such as global warming and renewables in an economic context.

  9. Upstream Petroleum Economics—Deterministic Models, Fiscal Regimes, and

    Basic petroleum economics for profitability analysis: deterministic models and applications ... Explain the underlying economic and management principles affecting petroleum fiscal system analysis and design; ... and MS in energy resources from the University of Pittsburgh's School of Engineering, and a PhD in mineral economics from West ...

  10. Xu TANG

    Jan 2013. Xu Tang. China's employment issue is catching people's eyes at present and for a long time. Economic impacts of China's petroleum industry on employment are divided into direct, indirect ...

  11. MSc / PhD in Petroleum and Energy Economics

    MSc / PhD in Petroleum and Energy Economics. Advance your career, have a good grasp of the global petroleum market, and enhance your analytical skills on local and international oil and gas policies and energy-related issues with an MSc/PhD Petroleum and Energy Economics. In partnership with European Business School in Paris- France, Garden ...

  12. PDF PETROLEUM ECONOMICS AND MANAGEMENT

    energy economics and management. By joining our Petroleum Economics and Management program, you enhance your initial training through a cutting-edge curricula in oil, natural gas and electricity economics and management. Multidisciplinary Students of the program with eclectic backgrounds in business & economics, science

  13. PDF PETROLEUM ECONOMICS AND MANAGEMENT

    Built on exceptional partnerships in the Americas, Asia and Europe, the Petroleum Economics and Management program offers you the opportunity of a dual academic experience. By choosing to carry out part of your studies with one of our partners, you will be sharing a real international adventure in a human-sized program.

  14. Thinking of Pursuing a PhD in Economics? Info on Graduate School and

    Becoming a PhD economist can provide a fulfilling and financially secure career path. However, getting started in the field can be daunting if you don't know much about the preparation you'll need and the available job opportunities. If you're wondering what it means to be an economics researcher or how to become one, please read on. We'll review how to prepare for a career in ...

  15. Ph.D. Petroleum Economics

    Introduction. Emerald Energy Institute for Petroleum & Energy Economics, Policy and Strategic Studies, University of Port Harcourt, is an Institute for graduate education in petroleum, energy economics, management & policy. Its vision is to educate, empower and engage professionals and corporate decision makers in the petroleum and energy sectors.

  16. Doing Your PhD in Energy and Environmental Economics at Harris

    If you are considering a PhD in energy and environmental economics, or if you are a professor advising such a student, we encourage you to consider a PhD in Public Policy from the University of Chicago Harris School of Public Policy. Between the large (and still growing!) energy and environmental faculty group within Harris, related faculty in other units, and the intellectual hub provided by ...

  17. June 2024 Economic Forecast

    Despite Near-Term Subtrend Growth, UCLA Anderson Forecast Sees No Recession on the Horizon in 2024. National election results could usher in new economic policies that influence forecast in 2025 and beyond. California's economy will grow faster than the nation's in 2025, despite slower growth in 2024. Los Angeles (June 6, 2024) — Analysis ...

  18. New joint degree in economics and management to offer exciting career

    New joint degree in economics and management to offer exciting career pathways. Thursday 6 Jun 2024. The Department of Economics is joining forces with one of the top business schools in the UK to launch a new undergraduate course. The BSc Economics and Management degree combines two interrelated disciplines of economics and management, two ...

  19. M.Sc. Petroleum Economics, Management and Policy

    Introduction. Emerald Energy Institute for Petroleum & Energy Economics, Policy and Strategic Studies, University of Port Harcourt, is an Institute for graduate education in petroleum, energy economics, management & policy. Its vision is to educate, empower and engage professionals and corporate decision makers in the petroleum and energy sectors.

  20. Petroleum Economics and Management

    Petroleum Economics and Management. The proposed course will begin with the basic issues on microeconomics, market structure (price and non-price competition), public policy, issues of sustainability. It will then discuss the evolution of petroleum industry; geopolitics and world petroleum market; the role of OPEC.

  21. Doctor Ph.D. Degree Petroleum Industry Management

    This Doctor Ph.D. Degree strikes a balance between the technical, environmental, economic, and social aspects of managing the different sectors in the petroleum industry. It provides a road map for managing any type of project related to the oil and gas production and market. More information about this academic supervisor at Bircham University ...

  22. Ph.D. Energy Economics

    Introduction. Emerald Energy Institute for Petroleum & Energy Economics, Policy and Strategic Studies, University of Port Harcourt, is an Institute for graduate education in petroleum, energy economics, management & policy. Its vision is to educate, empower and engage professionals and corporate decision makers in the petroleum and energy sectors.

  23. Denis LIPATOV

    PhD. Contact. Connect with experts in your field ... In this paper, the contents of nitrates, chlorides, mobile phosphates, petroleum products (PPs), and polycyclic aromatic hydrocarbons (PAHs) in ...

  24. Definition of The Strategic Directions for Regional Economic

    Dmitriy V. Mikheev, Karina A. Telyants, Elena N. Klochkova, Olga V. Ledneva; Affiliations Dmitriy V. Mikheev

  25. PDF SU-HSE: key data

    The system of education in SU-HSE ensures competitiveness of Russian education in its most required and, at the same time, its weakest sphere - economic and social sciences. The School was the first in Russia to adopt the commonly accepted world-wide "4+2" practice: four years of studies - bachelor course; and two years - master course.

  26. Russia: Gazprom Appoints Pavel Oderov as Head of International Business

    March 17, 2011. Pavel Oderov was appointed as Head of the International Business Department pursuant to a Gazprom order. Pavel Oderov was born in June 1979 in the town of Elektrostal, Moscow Oblast. He graduated from Gubkin Russian State University of Oil and Gas with an Economics degree in 2000 and a Management degree in 2002.

  27. News Hour At 7pm || 5th June 2024

    News Hour At 7pm