MA Economics (Specialization in Energy Economics)

MA Economics (Specialization in Energy Economics) develops the specialists with sector -specific skills required by the graduates from a wide range of backgrounds who wish to develop business and management careers in energy- related businesses and organizations. The program prepares students for managerial, advisory and academic positions in the energy sector-private and public sectors and provide an academically stimulating program of study, which will excite the students’ ability to evaluate theoretical concepts and analyze the practical problems. It also prepares the students for rapidly growing and highly competitive global business climate.

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Duration 2 Years Eligibility
  • Minimum 50% marks at Higher & Senior Secondary level (10th & 12th)
  • B.Com/BA Economics (Hons)/B.Sc./BA Programme with Economics or B.Tech with minimum 50% marks from a recognized University
  • Students who have read Statistics/Mathematics with minimum 50% marks at the graduation level from a recognized University

Career Prospects

  • Consultancy firms
  • Energy Research Organization
  • Business Chambers (CII, ASSOCHAM, FICCI)
  • Academic Institutions
  • Energy Business Firms
  • Journalism


Intake : 20 Seats


Semester I

  • Microeconomics
  • Quantitative Methods in Economics
  • Research Methodology and Advanced Statistics
  • Financial Statement Analysis (+ lecture by industry Expert)
  • Understanding Energy Sector
  • Model Building and Simulation

Semester II

  • Macroeconomics
  • Econometrics Modeling
  • International Economics
  • Public Finance
  • Oil & Gas Economics
  • Energy Sector Law, Regulation & Governance
  • Ecometrics Lab
  •  Industrial Visit

Semester III

  • International Energy Markets and Commercial Framework of Energy Industry
  • Power Economics
  • Energy Sector Project Financing
  • Energy Trading Markets and Risk Management.
  • Regulation and Governance of Energy Sector
  • Business Modelling in Energy Sector
  •  Summer Internship
  • Dissertation I

Semester IV

  • Renewable Energy and Energy Efficiency Economics
  • Advanced Strategic Analysis
  • Energy and Climate Change

Program Electives

  • Techno-Economics of Energy System
  • Energy Pricing
  • Green Economics
  • Geo-Politics of Energy
  •  Dissertation II

UPESEEE (Online Economics Entrance Exam) Overview

UPESEEE is a completely online test with no pen paper version. The unique feature of this test is that the aspirant can take the test from any convenient location with a net connected PC and a webcam, be it your home, office or even a cyber café. The test will be centrally proctored to ensure the integrity of the test process is not compromised.

Applicants who have filled the online form and paid the fees will be shared the designated test date and time slot through email at least 24 hours before the test date. The email will also contain a username and password along with detailed instructions to take the test. Candidates will appear for the ONLINE test by logging in with their credentials from their computer connected with a webcam and an internet connection.

Test Duration
Name of Program Duration
UPESEEE (Online Economics Entrance Exam) 2 hours
Test Details UPESEEE II
Exam Date: Monday, 21st July 2017
Last date to apply 20th July, 2017 (midnight)

Scheme of Tests

For Candidates with background: BA Eco (Hons), BA Programme with Economics

Sections No.of Questions
General English: Reading Comprehension, Verbal Reasoning & Verbal Ability 25
Analytical & Logical Reasoning 25
Quantitative: Data Interpretation & Data Sufficiency 25
General Economics: Microeconomics, Macroeconomics 25
Total no. of Questions 100

For Candidates with background: B.Com, B.Tech/ Students who have read Statistics/Mathematics in their graduation

Sections No.of Questions
General English: Reading Comprehension, Verbal Reasoning & Verbal Ability 25
Analytical & Logical Reasoning 25
Quantitative: Data Interpretation & Data Sufficiency 25
Mathematics/Statistics 25
Total no. of Questions 100
Placements Placements Percentage
2014- 2016 100%
2015-2017 70% already placed and counting

The first batch of MA Economics (with specialization in Energy Economics) of the batch was successfully placed in relevant profiles in companies like:

  • Grand View Research
  • Manikaran Power Limited
  • CUTS Institute for Regulation and Competition
  • Indus Energy Inc Pte Ltd
  • Mordor Intelligence
  • IRADe
  • Industrial Info Research India Private Limited
Upcoming Webinars
Date Topic Faculty Date Time
Feb The Role of Energy in Productivity Growth- market size, policies, business models, & jobs Dr. Hiranmoy Roy 13th Feb 5pm- 5:30pm
Mar Everything you need to know about Energy Economics-course, careers & opportunities Dr Prasoom Dwivedi 13th March 5pm- 5:30pm

Note :No Negative Marking

1st Sem
Tuition Fee Academic Service Fee Total
106,590 35,535 1,42,125
2nd Sem
Tuition Fee Academic Service Fee Total
106,590 35,535 1,42,125
3rd Sem
Tuition Fee Academic Service Fee Total
  117,190  39,060 156,250
4th Sem
Tuition Fee Academic Service Fee Total
  117,190  39,060 156,250

Click here to view Other Fees

  • Nikita Das

    Courses : MA Eco (Energy Economics)

    • Batch : 2014-2016
    • Current Company : Manikaran Power Limited

    Pursuing my masters in UPES has been a great decision, as it gave insight into an aspect of economics which has hardly been dealt with in our country. Amidst the beautiful ambience and infrastructure of the university, life at UPES has been extremely colourful. The postgraduate program of MA Economics with specialization in Energy Economics in UPES, is one of the first to have been started in the country, and I am proud to have been a part of this successful start. I feel honoured to have represented my University in two case study conferences and for having been given the opportunity to work in Central Electricity Regulatory Commission for my summer internship. In our industrial visit we were given the opportunity to closely observe the oil and gas and power industry. All in all, throughout my journey of ups downs, as a part of the first batch of energy economists I have had a strong support team and I would like to thank all the professors who have helped me in the gradual process of knowledge gathering.

  • Shivam Mohaley

    Courses : MA Eco (Energy Economics)

    • Batch : 2014-2016
    • Current Company : CUTS Institute of Regulation and Competition (CIRC)

    After completing my Graduation in Economics, I was looking forward to pursue a domain specific course. Then I decided to pursue MA Economics (with specialization in Energy Economics) from UPES with lots of expectations for my bright future. This course covers a wide range of subjects of the Energy Economics domain along with core Economics subjects. During my study program, I also did some international projects for UNEP (United Nation Environment Program), SAYEN etc. During my summer internship 2015 at CERC (Central Electricity Regulatory Commission), I was guided by many experts from the industry & Ministries and gained knowledge on competition in Electricity Sector. I am placed in CUTS institute of Regulation and Competition (CIRC), New Delhi as a Research Associate and currently working on many National and International Projects. I am thankful to the faculty who helped me with deep knowledge of theoretical and practical prospective of the Energy sector.

  • Hitakshi Nijhara

    Course : MA economics (Energy Economics)

    Academic Session : 2014-16

    Experience: My experience of pursuing MA economics (Energy Economics) at UPES is inexplicable in words. The journey started with a lot of ups and downs, but the only constant thing during the time was the support of faculty members and their faith in me.

    UPES has always offered me great exposure and numerous opportunities. It feels wonderful getting a Pre Placement Offer (PPO) from Grand View Research. I would like to thank my course co-ordinator Dr. Narendra Nath Dalei and Prof. Swati Gupta for always showing faith in my capabilities. The feeling of being placed in the 3rd semester in itself says it all.

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