Postgraduate study

Climate Change Finance and Investment MSc

Awards: MSc

Study modes: Full-time

Funding opportunities

Please note: this MSc was previously known as Carbon Finance, but has been renamed to better reflect the content of the programme.

The challenge of responding and adapting to climate change will drive trillions of dollars of new investment over the coming decades, with major changes required across the economy, in energy production and consumption, industry, buildings, transport, infrastructure, forests and agriculture.

Delivering this investment will require professionals with a deep understanding of the mechanisms that will regulate new financial flows like:

  • renewable investment funds
  • international climate funds
  • carbon markets

In addition, following the Paris Agreement, both developed and developing countries now have increased commitments for addressing climate change, which is driving increased demand for skills and knowledge in carbon and climate finance.

What will I learn?

Previously known as Carbon Finance but renamed to better reflect the content of the programme, this MSc is dedicated to developing professionals in the field of climate change finance and investment.

Designed to develop your understanding of how the challenges of climate change are driving trillions of dollars of new investment in a huge range of sectors, including energy production, and housing and infrastructure, the programme will also prepare you to deliver this investment with advanced knowledge and skills.

Very few business schools in the world have a similar depth of expertise in climate change finance and investment.

How will I learn?

Learning will primarily be through:

  • lectures
  • set reading
  • class discussions
  • exercises
  • group-work assignments
  • problem-solving in tutorials
  • case studies

Assessment

Assessment methods include examinations, assignments, presentations or continuous assessment.

You will be able to:

  • explain and evaluate the current state of climate change science and key climate change policy initiatives
  • explain and apply principles of finance in the energy sector
  • describe and critically evaluate the structure and dynamics of the major global, regional and national-level carbon markets
  • explain and apply practices and procedures of carbon accounting
  • describe and evaluate the challenges and opportunities for low-carbon investment

Graduates from the MSc in Climate Change Finance and Investment will typically pursue a career in climate change investment, carbon markets, consulting or carbon accounting.

Likely future roles include:

  • carbon credit development
  • low carbon portfolio management
  • renewable energy investment
  • climate fund management
  • carbon trading
  • carbon consulting
  • carbon accounting and related policy or regulatory roles (for example, with government or NGOs)

Find out from Maurice, who studied Carbon Finance in 2018 (the precursor to CCFI), what it is like to live and study in Edinburgh.

Entrance to our MSc programmes is strongly competitive. You can increase your chances of a successful application by exceeding the minimum programme requirements.

Academic requirements

You will need a UK first-class or 2:1 honours degree from a good university in one of the subjects below, or its international equivalent.

  • An undergraduate degree in business, economics, engineering or a social or physical science is normally required.

Supporting your application

  • Relevant work experience is not required but may increase your chances of acceptance.
  • Preference will be given to those with grades above the minimum requirements due to strong competition for places on this programme.

Exemptions

If you do not meet the minimum academic requirement, you may still be considered if you have 2 or more years of relevant work experience. We may require you to complete the Graduate Management Admissions Test (GMAT) which is an internationally-recognised assessment of analytical, numerical and verbal reasoning.

If we require you to take GMAT, we would require a score of 600 as a minimum to qualify for our Climate Change Finance and Investment MSc. The GMAT is not a compulsory part of the application process, but if you have a score that you wish to report to us then this would be welcomed.

We will accept results from the GMAT Online exam.

International qualifications

Check whether your international qualifications meet our general entry requirements:

English language requirements

You must demonstrate a level of English language competency at a level that will enable you to succeed in your studies, regardless of your nationality or country of residence.

English language tests

For 2021 entry we will accept the following English language qualifications at the grades specified:

  • IELTS: total 7.0 (at least 6.0 in each module)
  • TOEFL-iBT (including Special Home Edition): total 100 (at least 20 in each module). We do not accept TOEFL MyBest Score to meet our English language requirements
  • CAE and CPE: total 185 (at least 169 in each module)
  • Trinity ISE: ISE III with a pass in all four components

Your English language qualification must be no more than three and a half years old from the start date of the programme you are applying to study, unless you are using IELTS, TOEFL or Trinity ISE, in which case it must be no more than two years old.

Degrees taught and assessed in English

We also accept an undergraduate or postgraduate degree that has been taught and assessed in English in a majority English speaking country, as defined by UK Visas and Immigration:

We also accept a degree that has been taught and assessed in English from a university on our list of approved universities in non-majority English speaking countries.

If you are not a national of a majority English speaking country, then your degree must be no more than three and a half years old at the beginning of your programme of study.

Find out more about our language requirements:

Deposit

You will need to pay this deposit within 28 days of receiving your offer of admission (either unconditional or conditional).

  • £1,500 (this contributes towards your tuition fees)

Additional programme costs

See the programme website for more information on additional costs, as well as application fees and deposit payment.

Living costs

You will be responsible for covering living costs for the duration of your studies.

Tuition fees

AwardTitleDurationStudy mode
MSc1 YearFull-timeTuition fees

Featured funding

UK government postgraduate loans

If you live in the UK, you may be able to apply for a postgraduate loan from one of the UK’s governments.

The type and amount of financial support you are eligible for will depend on:

  • your programme
  • the duration of your studies
  • your tuition fee status

Programmes studied on a part-time intermittent basis are not eligible.

Other funding opportunities

Search for scholarships and funding opportunities:

  • University of Edinburgh Business School
  • 29 Buccleuch Place
  • Central Campus
  • Edinburgh
  • EH8 9JS
Programme start date Application deadline
13 September 2021 31 August 2021

Due to high demand, the School operates a number of selection deadlines. We will make a small number of offers to the most outstanding candidates on an ongoing basis, but hold the majority of applications until the next published selection deadline when we will offer a proportion of the places available to applicants selected through the competitive process described on the School website.

Full details on the admissions process and the selection deadlines are available on the Business School website:

Deadlines for applicants applying to study in 2021/22:

Round Application deadline Decisions by
1 14 October 20 3 December 2020
2 9 December 2020 25 February 2021
3 17 February 2021 15 April 2021
4 21 April 2021 3 June 2021
5 9 June 2021 22 July 2021

You must submit one reference with your application.

Find out more about the general application process for postgraduate programmes:

Further information

  • University of Edinburgh Business School
  • 29 Buccleuch Place
  • Central Campus
  • Edinburgh
  • EH8 9JS