Master of Science in Energy Technologies and Economics
Kaunas, Lithuania
DURATION
2 Years
LANGUAGES
English
PACE
Full time
APPLICATION DEADLINE
01 Jun 2025
EARLIEST START DATE
01 Sep 2025
TUITION FEES
EUR 5,157 / per year
STUDY FORMAT
On-Campus
Introduction
Today, the need to save energy is common knowledge. But how could we improve the existing technologies to make energy consumption more efficient? How to reduce energy prices making goods and services more affordable? How to ensure access to energy to all the people without harming the environment? While studying MSc Energy Technologies and Economics at KTU you will analyze similar dilemmas and gain the skills and knowledge needed to tackle the most pressing problems of the contemporary world.
During your studies, you will learn to develop complex, more efficient energy systems, you will gain interdisciplinary knowledge on energy production, distribution, economics, development of the energy sector. Through research projects, you will learn how to make economically sound engineering decisions and to be able to effectively solve various problems in the energy sector. The knowledge gained in the master’s Energy Technologies and Economics study program will help you address long-term energy development planning, regulation challenges. Your studies will equip you with risk and need forecasting skills, and competencies to reach informed and creative solutions to the problems of the energy sector.
The comprehensive interdisciplinary knowledge of the technologies and economics of energy generation, transmission, distribution, and effective use make the graduates of this study program a valuable asset to any company in the energy sector. The professionals, who can control electrical power engineering objects and reach economically reasonable engineering solutions, who can conduct research and provide solutions for sustainable development of the electric power industry are in high demand in the global job market.
- A unique program for future managers in the energy sector: you will acquire not only technological but also economics education.
- Access to the labs with the latest equipment, such as the largest in the Eastern Europe renewable resources lab or Bloomberg Financial Markets Lab.
Admissions
Program Outcome
Student’s competencies
- Knowledge of sustainable energy technologies, investment, planning, and effective management processes.
- Application of operational principles of the energy resources market, critical assessment of interconnections between management and regulation of energy resources markets, and energy policy.
- Planning of effective, safe, and reliable electrical energy systems.
- Application of economically substantiated engineering solutions and solving of quantitative problems of the market of energy resources.
Student’s skills
- Able to integrate the knowledge of technologies and economic science, and plan and manage complex energy systems.
- Able to critically analyze the issues of energy generation, environmental protection, and economy relevant to society.
- Able to apply economic operational principles of the energy sector and specifics of formulation of financial solutions.
- Able to solve practical and scientific problems in sustainable energy development.
Career Opportunities
You may become
Project manager
- Insurance of efficient management of project integrity, scope, budget, timetable, human resources, risks, and purchases;
- Cooperation with service providers and external institutions on the issues of project implementation;
- Submission of proposals regarding the improvement of activities, application of global good practice, using innovative solutions in the working environment.
A senior specialist at state institutions
- Implementation of the organization’s policies and operational strategy;
- Implementation of the organization’s operational plan, preparation, and administration of information data.
Manager of state institutions and private energy companies
- Development of the company’s operational strategy;
- Planning, coordination, and management of the company’s or organization’s activities;
- Development and management of rational and substantiated solutions for the division’s performance efficiency.
Program Admission Requirements
Show your commitment and readiness for Grad school by taking the GRE - the most broadly accepted exam for graduate programs internationally.