Master of Science in Energy Management: International Governance and Business


Program Description

Master of Science in Energy Management: International Governance and Business

Do you want to know more about and become an expert in governance and energy business nationally and internationally? The Master degree program in Energy Management: International Governance and Business from the Nord University Business School and MGIMO University in Moscow provides graduates with excellent career opportunities within intellectually demanding and rapidly growing energy sector, with skills and knowledge to work in the industry, business, and government or as a consultant.

The program is developed and taught in close co-operation with professionals with experience in business, governance, and management of energy-related governmental or industrial projects. It provides students with a comprehensive knowledge from the international perspective of the economic, political and institutional issues and methods relevant to energy business and circular economy. This specialized competence is in great demand. Students from Norway and Russia study together during the second semester in Bodø, Norway and a third semester in Moscow, Russia.

Master of Science in Energy Management: International Governance and Business

  • ECTS Credits: 120
  • Study level: Master
  • Start semester: August 2018
  • Teaching language: English
  • Faculty: Nord University Business School
  • Campus: Bodø


The study program covers a broad field of subjects offering career opportunities in both the private and public sectors. Firms from all over the country visit the Business School to recruit students into their staff. Many students have already been assured employment prior to completing their studies.


Graduates are qualified to apply for the Ph.D. program at the Business School, and other doctoral programs.


Higher Education Entrance Qualification Proficiency in English language Admission requires three or four years of study (Bachelor or equivalent) in business/management-related fields, with certain requirements concerning relevant courses. Students enrolled in our Master of Science program in Business Administration may elect to start this program but only upon completing their first semester. Specific arrangements for recognition of prior learning: The following topics must be covered as part of the undergraduate study: Business Analysis, 55 ECTS; Economics, 15 - 20 ECTS; Method, 15 - 20 ECTS. Nord University follows the minimum requirements for admission to Norwegian universities/higher education for applicants with qualifications from abroad and requirements concerning proof of English. For further information follow this link.


  • December 1 - Admission for non-European Union/EEA citizens
  • April 1 - Admission for European Union/EEA citizens
  • April 15 - Admission for applicants with Norwegian education (refer to information about admission to Norwegian-taught programs)

NB: We do not review qualifications or applications prior to the applicable deadlines. Applications submitted after the applicable deadlines will not be considered.


This is an international Master of Science program based on international cooperation between the Business School (Norway) and its partner university MGIMO (Moscow State University of International Relations) in Russia.

The program aims to broaden candidate’s understanding of energy governance, business, and sustainable management. New professionals need to understand the complexities of the efficient use of depletable and renewable natural resources such as oil, gas and renewable energy sources. Energy policies, exhaustible and renewable resources, Arctic oil and gas exploration and extraction, cooperation between Norwegian and Russian oil and gas companies, electricity generation, climate policy, systems and tools of energy management, circular economy, and corporate social responsibility are some of the subjects that are studied as part of the master program.

The first semester focuses on business administration and management theory, with an emphasis on broadening students’ understanding of the energy sector’s diverse nature. It will also help to develop proficiency in the constructive use of theory as well as an active attitude towards business administration processes. The course in research methods during this semester will help prepare the thesis work later in the program.

The second semester advances theoretical knowledge in business- and energy-related topics with newer and more complex theories. The Norwegian context, situated in a global perspective, will be a common theme throughout the semester, as well issues related to world energy markets, energy policies, and governance. Also, some significant issues of circular economy related to the energy industry are covered.

The third semester aims to deepen, integrate, and assimilate new knowledge of theory and method. There will be activities designed to improve the student’s problem-solving skills. While at MGIMO University, they will build analytical and theoretical competence while analyzing key geopolitical and macroeconomic factors affecting the energy industry around the world.

The fourth semester is dedicated to the completion of the master thesis. There are opportunities to collect empirical data and to write a master thesis in the cooperation institutions in Canada, Russia, and China.


The student must have completed a minimum of 45 credits in the first year to be allowed to attend courses in the third semester. Prior to starting work on the Master thesis, the student must have successfully completed the Scientific Methods course and completed the mandatory exchange semester.


Knowledge and understanding

  • have advanced knowledge in business administration in the energy-related field and expertise in the peculiarities of the energy industries, policies, diplomacy, and geopolitics.
  • have an up-to-date understanding of sustainable development, circular economy and advanced knowledge on handling economic, societal and environmental challenges in energy-related business.
  • be able to apply knowledge in new areas within this intellectually demanding and rapidly changing field.
  • have knowledge of challenges for managing projects and companies in a cross-cultural context.


  • be able to analyze existing business- and energy-related complex problems by using theories, methods, and interpretations available for sustainable business operations in the energy sector and work independently on practical and theoretical problem-solving;
  • be able to interpret, critically evaluate and use appropriate methods of research in an independent manner.
  • be able to locate, to assess and refer to information and academic material, and present this so that it highlights a problem.
  • be able to analyze academic, professional and ethical issues relevant to financial profitability, technological reliability and environmental/societal sustainability of energy management.
  • be able to carry out the comprehensive independent study.

General competence

  • be able to apply knowledge and skills in new areas to carry out sophisticated tasks and projects in the energy sector.
  • be able to use relevant professional tools, techniques, and forms of expression.
  • be able to communicate about business administration issues related to the energy industry, analysis, and conclusion in the field, both with specialists and the general public.
  • be able to contribute to the innovative thinking and processes in the energy sector.


The schedule includes one semester abroad (at the prestigious MGIMO University in Moscow) as an integral part of the program. Students will have a chance to get acquainted with different business cultures and to develop a global mindset. 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 countries involved, all of which will contribute to a broad and diversified insight into the industry.


Semester registration fee and course literature while studying in Bodø. Studying in MGIMO, Moscow is free of charge and living expenses are much lower than in Norway. In addition, approximately 800 Euro for a language course in Russia (refundable for Norwegian students via the Norwegian State Education Loan Fund) and approximately 2000 NOK for a visa. The students must also cover the travel expenses Norway/Russia (refundable for Norwegian students via the Norwegian State Education Loan Fund).


If the applicant does not fulfill the requirements for the Higher Education Entrance Qualification but has experience-based competence relevant to the field of study, he or she may apply for recognition of this competence in order to fulfill the admission requirements.


The Norwegian system for grading and assessment using the letter grades A - F, in which A denotes the best/highest grade and F denotes "not passed". Work can also be assessed as "passed", "not passed", "approved" and "not approved".


Written school exams, class presentations, casework, assignments, papers, project work, home exams, etc.


Successful completion of the Master thesis.


The study program is evaluated annually by students using course evaluation questionnaire and by the program director. The evaluations are included in the university's quality assurance system.


Refer to applicable legislation, regulations and related guidelines.

Last updated Jan 2018

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About the School

Nord University offers studies at bachelor, master and doctoral levels. The university has study locations in Central and Northern Norway, with state of the art teaching and research facilities, locat ... Read More

Nord University offers studies at bachelor, master and doctoral levels. The university has study locations in Central and Northern Norway, with state of the art teaching and research facilities, located in a spectacular northern setting. Nord University also facilitates a range of flexible and online study programmes via active use of learning technology. Read less