Aberdeen Business School

Oil and Gas Accounting and Finance

PgCert | PgDip | MSc

Applications Now Open

PgCert | PgDip | MSc Oil and Gas Accounting and Finance
This Oil and Gas Accounting and Finance course will help you develop and be capable of using advanced critical knowledge and understanding of the accounting for upstream activities and the financial arrangements/implications of a broad spectrum of oil and gas ventures. It confers desirable skills for careers in the oil and gas, energy and financial sectors.

The course will develop your practical problem-solving, analytical financial modelling and essential transferrable skills in the financial risks and rewards of oil and gas investments within relevant accounting, regulatory and policy guidelines.

It offers a mastery of the accounting for and financial management of the unique arrangements and transactions encountered in the oil and gas industry.

At Aberdeen Business School, we are in the business of changing your tomorrow.

This course has one study option
Mode of Attendance
Mode of Study
Start Date
Course Length
Mode of Attendance
  • On Campus
Mode of Study
  • Full Time
Start Month
September
Course Length
1 year
stage 1

The first stage of the course will provide you with a broad context for understanding corporate accounting and finance considerations, including quantitative techniques and foundational elements of finance and an appreciation of the economics of the oil and gas industry.

stage 2

You will develop the skills for specific applications of accounting and finance principles and tools to the oil and gas industry’s needs. You will be able to provide sound rationale and clearly communicate to relevant stakeholders the basis for accounting reporting and disclosure, operational considerations and theoretical formulations and applications of finance concepts. You will develop models and financial risk management strategies in the oil and gas industry.

stage 3

The Capstone module is designed to provide you with an opportunity to integrate master's level knowledge and skills by independently working on an applied academic study or business consultancy project from a degree related discipline. Personal and professional skills such as research, consulting, oral presentation and teamwork will be developed.

 
Modules

Modules and delivery order may change for operational purposes. The University regularly reviews its courses. Course content and structure may change over time. See our course and module disclaimer for more information. 

Detailed module information

You will learn through a combination of lectures, seminars and workshop sessions. These comprise of a mix of group study, case studies, discussion, simulation and presentations of findings by teams and individuals. Access to our virtual learning environment, CampusMoodle, is also provided giving you access from home to the learning materials (including videos, e-books and journals).

You will also have access to Datastream, FAME and Osiris, which offer company insights and fundamentals and a host of market data.

Activity Summary
  • Lectures - 15 students per group, 8 hours per week
  • Seminars - 15 students per group, 2/3 masterclasses per session, typically of 2 hours
  • Tutorial - 15 students, 4 hours per week
  • Project Supervision - 1 student per group, 30 hours per semester (Capstone)
  • Practical class or workshop - 15 students per group, 2 hours per week
  • Independent Study - 1 student per group, 38 hours per week (Semesters 1 & 2)
  • Independent Study - 1 student per group, 570 hours in Semester 3 (Capstone)
Independent Study

The course encourages you to work autonomously and to take responsibility for your own learning and professional development. In addition to lectures and tutorials you will spend approximately 38 hours per week outside of class working on your own.  This involves undertaking prescribed reading, preparing for tutorial assignments, team meetings and researching and writing course reports.

Staff Delivering on This Course

You will benefit from the knowledge and expertise of our teaching staff of which several are members of the UK Accounting Institutes and nationally recognised for their participation at senior level in several bodies and act as External Examiners to or chair programme/course validation or review panels for other institutions.

Our staff have either achieved Fellowship of the Higher Education Academy, or are working towards this. This is a professional recognition of lecturer practice, impact and leadership in teaching and learning.

Other staff members include industry professionals, staff with research experience and guest lecturers who deliver presentations as part of a masterclass series in relevant work-related topics.

Assessment

Typically students are assessed each year:

Year 1

  • 5 written exams, typically for 2 hours
  • 5 written assignments (coursework), including essays
  • 1 dissertation (if Dissertation option selected in Capstone)
  • 1 set exercise (Class test)
  • 1 project report (if Business Consultancy option selected in Capstone)
  • 1 presentation
Feedback

We aim to provide you with feedback within 20 working days of hand-in for all written exams, coursework and practical exams.

ACADEMIC SUPPORT

The Disability & Dyslexia Centre advises and supports students who disclose a sensory or mobility impairment, chronic medical condition, mental health issue, dyslexia and other specific learning differences. Applicants are encouraged to arrange a pre-entry visit to discuss any concerns and to view the facilities.

DISABILITY & DYSLEXIA CENTRE

ONLINE LEARNING & SUPPORT

All undergraduate and postgraduate students, whether you are learning on-campus or by online distance learning, benefit from using our collaborative virtual learning environment, CampusMoodle. You will be provided with 24/7 online access to your learning material and resources, along with the ability to interact with your class members and tutors for discussion and support.

CampusMoodle

STUDY SKILLS SUPPORT

The Study Support Team provides training and support to all students in:

  • Academic writing
  • Study skills (note taking, exam techniques, time management, presentation)
  • Maths and statistics
  • English language
  • Information technology support

STUDY SKILLS SUPPORT

Library Support

The Library offers support for your course, including the books, eBooks, and journals you will need. We also offer online reading lists for many modules, workshops and drop-ins on searching skills and referencing, and much more.

University Library

 
JOB PROSPECTS

A postgraduate qualification in Oil and Gas Accounting and Finance provides you with the opportunity to pursue a variety of roles and careers requiring knowledge, understanding and practical skills of accounting, finance, management and economics within the context of the oil and gas industry and the energy and financial sectors.

Example careers include working in energy companies, government departments or regulatory bodies and parastatals, consulting and research companies, and energy and financial markets and institutions (including oil and gas trading, financial analysis and reporting, equity research, benchmarking and intelligence). Your remit could include applying oil and gas accounting, finance and economics in policy analysis and regulation and governance of the oil and gas industry and the extractive industry.

For those who are new to accounting, this course will allow you to develop the practical skills, knowledge and understanding required to enter into and develop your career within the accounting profession.

The qualification can also be a stepping stone for advanced research degrees (e.g. PhD) in accounting and finance.

CAREERS

 

 
 
  • Applicants normally hold a 2:2 undergraduate honours degree or its equivalent.
  • We welcome applicants with relevant professional accountancy qualifications such as ACCA and CIMA. 
  • Applicants with a lower degree classification and / or relevant work experience will be considered on a case by case basis.
English Language Requirements

Applicants whose first language is not English should have an IELTS of 6.5 overall, with no component lower than 5.5, or an equivalent.

We accept a variety of in-country and secure English language tests, find out more:

English Language requirements

Please note, some courses may require a higher standard of English than stated in this page. Contact admissions@rgu.ac.uk for further information.

International Students 

International students who do not meet our direct entry requirements for this course can gain additional entry points through our International College at Robert Gordon University.

ICRGU - INTERNATIONAL COLLEGE

Our Pre-Sessional English Programme (PSP) is available for students who have not yet reached the required English level and those who would like to improve their language competency.

Pre-Sessional English Programme at RGU

 
FOR ACADEMIC YEAR 2019/2020

UK/EU Students

  • £5,500 entire course

International Students

  • £12,470 entire course
Additional Costs

The following course-related costs are not included in the course fees:

Other Fees and Charges

Alumni Discount

Robert Gordon University is delighted to offer a 20% loyalty discount on course fees for all alumni who have graduated from RGU.

Alumni Discount

Student Funding

Postgraduate students will normally make their own arrangements for payment of fees. However, there are a limited number of SAAS funded places on certain postgraduate courses.
There are also sources of funding that are applicable to categories of student.

Postgraduate Students' Funding

Scholarships and Financial Awards

You may also qualify for a scholarship or financial award:

SCHOLARSHIPS AND FINANCIAL AWARDS

DISCLAIMER

For new intakes course fees are reviewed and published annually for each mode of delivery. Tuition fees are fixed for the duration of a course at the rate confirmed in the offer letter.  For further information see:

STUDENT FINANCE

 

Have a question about the course? Get in touch with our Student Admissions Team and we'll do our best to help.

+44 (0) 1224 262728

Accreditation

This course is accredited by:

 
 

The course also shares some finance modules with:

MSc Financial Management, recognised by the Chartered Financial Analyst Institute in their University Affiliation Program.
CFA-Institute-Logo
MSc Accounting and Finance, accredited by the Association of Chartered Certified Accountants (ACCA).
ACCA250
 

 

Taking this course, you will have access to some of the world's best facilities. 

We've invested more than £100 million in the development of our campus, new facilities and new resources.

University Wide Facilities

Apply

We’ve got a few options for applying to our postgraduate courses for UK, EU and international applicants.


All applicants to postgraduate courses can apply direct to the university using our online application form.


All applicants can apply direct to the University with our PDF form.