MSc in Energy Management

Contact information:
e-mail: EnergyHHB@hibo.no
Academic coordinator: Jan Oddvar Sørnes, Ph.D., phone +47 75 51 72 33

Download application form here:  ApplicationformEnergy.pdf

With oil-and-gas exploration now well underway in the Barents Sea, and with the prospect of more such exploration along the coast of northern Norway, there is a burgeoning need for skilled professionals in the energy field—people familiar with the peculiarities of the oil-and- gas industries, possessing strong regional knowledge and expertise in energy management, energy diplomacy, and geopolitics.

To meet this challenge, we have designed an innovative program that will prepare students for employment in this intellectually demanding—and rapidly growing—industry.  

In designing our new program, we have created a learning environment focused equally on the industry’s needs as well as your own career goals.  With a superb faculty, a curriculum that emphasizes Norwegian, Russian, and North American perspectives on energy management, diplomacy and leadership, and a schedule that includes one semester abroad as an integral part of the program, not to  mention many other value-adding features, this program offers an absolutely unique educational opportunity. The curriculum, which emphasizes strategic management and knowledge of the industry, will cut across traditional business subject areas to provide you with a strong management perspective. 

One of the program’s many wonderful features is the chance it offers you to get acquainted with different business cultures and develop a global style of thinking. The program includes workshops, lectures, seminars, and group discussions. There will also be visits either at or from energy enterprises and advisory and regulatory institutions in the energy sector from the involving countries, all of which will further afford you a deep, and diversified, insight into the industry.

Participants in the MSc in Energy Management Program will be students from Bodø Graduate School of Business and MGIMO University.  Given how our program is designed, with students spending a semester together in Bodø and Moscow, you will have many chances to get to know each other and to learn from one another. And from all this social and intellectual interaction, you should gain an unparalleled international business network.

We want you to succeed, and we’ll do our best to see that you do.  This novel program will significantly broaden your understanding of energy issues, help you develop proficiency in the constructive use of business administrative theory, and leave you with an active attitude towards business administration processes, especially as related to the energy sector.

The MSc in Energy Management at Bodø Graduate School of Business is an exceptional business education opportunity. We invite you to be a part of it.

Recognizing the global nature of the industry, the program adopts an international approach, focusing on relationships between Norway, Russia and the United States.

The first semester will focus on business administration and management theory, with an emphasis on broadening your understanding of the energy sector’s eclectic nature.  It will also help you develop your proficiency in the constructive use of theory at the same time that you develop an active attitude towards business administration processes.  And it will emphasize the changing processes in organizations and populations.  In addition, you will get to explore some major environmental, philosophical, and ethical issues related to the energy industry. 

The second semester will advance your theoretical knowledge in business- and energy-related topics. You will be introduced to newer and more complex theories.  The Norwegian context, situated in a global perspective, will be a common theme throughout the semester, as will issues related to world oil markets, government relations, and the environment. You’ll also complete a course on research methods during this semester, which will help prepare you for your thesis work later in the program.

The third semester aims to help you deepen, integrate, and assimilate your new knowledge of theory and method.  You will also engage in activities designed to improve your problem-solving skills.  While at MGIMO University, you will build analytical and theoretical competence while analyzing key geopolitical and macroeconomic factors affecting the energy industry around the world.

The fourth semester lets you focus on writing and completing your thesis.

In the second year of the program, you’ll spend a semester at MGIMO University, where you will study Energy Diplomacy and Economy of Fuel and Energy Complex (FEC) industries. The course will provide you with knowledge of organizations, management and economy of FEC, transportation systems of energy resources, oil stock exchanges and markets of energy resources, investment activity of foreign oil-and-gas and energy enterprises, information systems, and competitive strategies in the FEC.

Program Features

The Best of Both Worlds
Our new program combines the strengths of two major institutions.  Bodø Graduate School of Business is well-known for its specialization in business and management disciplines, such as innovation, entrepreneurship, marketing, management control, transportation, and ethical and environmental management.  MGIMO, meanwhile, is top-ranked for its focus on geopolitics and management in the fuel and energy sector.

World-Class Faculty with Multiple Perspectives
Delivered by Bodø Graduate School of Business, MGIMO faculty, and adjunct faculty with ties to Johns Hopkins University in Washington, D.C, the program emphasizes international perspectives on global leadership and strategic management in the energy sector. The highly qualified professorial team consists of scholars of distinction, working with business and government, and teaching in executive education programs in Norway, Russia, and the United States. Field trips and guest speakers, recruited from top management in the energy sector, will provide you first-hand exposure to government, legal, and business institutions in Norway, Russia, and the United States, thereby helping you build global leadership competence.

A Global Network - A Powerful Partnership
Graduates of the program will become part of a global network of business contacts across borders. Graduates receive a Master of Science in Energy Management diploma from Bodø Graduate School of Business and a joint diploma from the Russian-Norwegian Institute of Energy.

Our program gives you ample opportunities to study the energy industry internationally so as to better understand the global environment in which it operates.

Target Group/requirements

Admission is based on three years of study (Bachelor or equivalent) in business/management- related fields, with certain requirements concerning relevant courses. Students enrolled in our Graduate program in Business Administration may elect to start this program—but only upon completing their first semester.

1st semester 30 ECTS HHB, Bodø	2nd semester  30 ECTS HHB, Bodø	3rd semester 30 ECTS MGIMO, Moscow		4th semester 30 ECTS HHB, Bodø
Business analysis 10 ECTS	Energy Management in the Norwegian Context 10 ECTS	Specialization “Energy Diplomacy and Economy of Fuel and Energy Complex” 30 ECTS		Master Thesis 30 ECTS
Economics 10 ECTS	Government Relations – International Perspectives 10 ECTS
Philosophy, Ethics and the Environment 10 ECTS	Research Methods 10 ECTS

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