A combined Department Earth Science & Engineering and Imperial College Business School degreeThe Institute of Materials, Minerals and Mining - IOM3

The MSc in Metals and Energy Finance is a one year full time programme relating to the technical and financial appraisal of natural energy and mineral resources projects. The course is a joint programme between Imperial College Department of Earth Science and Engineering and Imperial College Business School, and is unique in teaching quantitative financial analysis, strategic management and technical geological concepts in the context of metals and energy projects.

The course overlaps with other finance-related MSc courses and builds on Imperial College’s long standing relationship with the minerals and energy industries.  The course benefits from close ties with industry, and most students base their final project on a relevant industry case study.  In addition there are annual field excursions, which allow students to gain first hand experience of a range of metals and energy projects at various stages of development.The MSc Metals & Energy Finance programme is accredited by the UK Engineering Council so that graduates with appropriate first degrees and relevant professional experience  qualify for the CEng (Chartered Engineer) designation. The UK CEng in turn has reciprocal standing in Europe and as such engineers are entitled to use the EUR ING designation.

Who should attend?

The course is aimed at geoscience and engineering graduates who wish to develop a broad understanding of the financial and strategic elements of metals and energy projects.  It is also suitable for graduates in finance and accounting who wish to develop an understanding of the technical and geological concepts relevant to metals and energy projects.  Many of the participants have some industry experience prior to embarking on the course.

Why choose an MSc in Metals and Energy Finance?

Demand for basic raw materials continues to rise, particularly in the emerging economies. Mining and energy companies, as well as the financial institutions that support them, continue to evaluate new and existing projects to satisfy this demand. Graduates with a combination of the technical and financial skills required to develop metals and energy projects are well placed to make the most of this opportunity.

The MSc in Metals and Energy Finance provides you with the opportunity to participate in a challenging and stimulating MSc course, while simultaneously improving your employment prospects in the financial and mining and energy sectors.

Why choose Imperial College?

Imperial College has been at the forefront of teaching mining and energy-related courses since its formation in 1907.  It is recognised as a centre of world-class research and teaching in science, engineering, medicine and management.

Department of Earth Science and Engineering students ranked the department at the top of the National Student Survey (NSS) in 2011 for both overall student satisfaction (98%) and employment (90% + employed).  Our teaching received the top rating of 24/24 in an assessment by the Higher Education Funding Council of England.

In the 2008 research assessment, all of the Department of Earth Science and Engineering’s research was evaluated as excellent and of international significance.

Imperial College Business School was established to provide world class teaching and research at the heart of Imperial College, London.  In the 2008 research assessment it ranked second in the UK after London Business School. The Metals and Energy Finance MSc course sits alongside other Finance related MSc courses delivered by Imperial College Business School.

Programme objectives

  • Produce graduates equipped to pursue careers in the technical and financial appraisal of natural energy and mineral resource projects.
  • Offer traditional minerals related training directly applicable to a career in the minerals industry.
  • Introduce key technical and geological concepts relevant to petroleum projects.
  • Enhance career opportunities in the financial services and petroleum and mineral industries.
  • Provide the basis for an understanding of quantitative finance, accounting and strategic management within the context of technical principles that apply specifically to mineral and energy projects.
  • Respond to the importance of the City of London as a global centre for mining and energy finance by providing knowledge of corporate finance,  the equity markets, debt finance, metals markets and associated derivative markets.
  • Provide training in financial modelling, financial engineering and in the techniques of risk modelling.
  • Enhance entrepreneurial skills.
  • Cover transitioning to business leadership roles, sustainable development and engineering ethics.
  • Provide the skills needed to undertake independent research projects both in industry and in the university environment.

Scholarship opportunity 

The Bank of Montreal (BMO) has recently made a gift to Imperial to establish the BMO Scholarship for Women in Metals and Energy Finance. The scholarship, which was first awarded for the 2015-2016 academic year, is open to female students on the MSc in Metals and Energy Finance who demonstrate exceptional academic merit and/or potential. The scholarship will have a value of £30,000, covering tuition at UK/EU rates and a contribution towards living expenses. In order to be considered for the scholarship, candidates must be in possession of an offer for enrolment by 30 June. Interviews and selection will take place in the first half of July. 

Further details of the BMO 2015-16 scholarship awardee, Dasha Shalashova, can be found by clicking here.

Short course

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Metals and Energy Finance, 27 -31 March 2017

Following a successful launch in November 2016, Professor Buchanan, the course Director, is redelivering this one-week short course in March 2017 based on the book “Metals and Energy Finance” recently published by Imperial College Press. This course is delivered through the Imperial College Centre for Continuing Professional Development and is an executive summary of the degree. The short course may well offer an alternative option for applicants seeking admission onto the MSc.  Details of the book are given on:

http://www.worldscientific.com/worldscibooks/10.1142/p1051

and details of the short course on: 

http://www.imperial.ac.uk/cpd/mef

  

Further information

For more information see the MSc Metals & Energy Finance Open Day 2017 presentation by Prof Dennis Buchanan, Course Director.

For further details and application form please see:

MSc MEF Imperial College Postgraduate Prospectus & Application Information

MSc MEF Programme Specification

For more information on Finance related MScs visit the Imperial College Business School website

Please note that the programme is a one-year full-time degree and is not offered on a part-time basis.

Applicants to the course are expected to have reasonable fitness and agility as both the Wessex and South African excursions involve some physical exertion.

 

 

Key words

extractive industry finance, metals and energy project appraisal and finance, financial services, mining and petroleum extractive industries, mineral economics, financial engineering, quantitative finance, petroleum fiscal modelling, mining finance, natural resource projects, minerals and mining, petroleum, oil and gas projects, coal projects, financial modelling, commodity prices, investment performance indicators, technical risk, mineral and petroleum geoscience, minerals and petroleum engineering, mining methods, extractive metallurgy, valuation techniques for mineral and petroleum projects, mineral reserves and resources, resource evaluation, geostatistics, petroleum reserve classification, unconventional hydrocarbons, real option valuation, gearing optimisation, base and precious metals, feasibility studies.