International Petroleum Taxation and Finance (distance learning) LLM
Online, United Kingdom
International Petroleum Taxation and Finance (Distance Learning) LLM
University of Dundee
Petroleum Taxation and Finance
Program Overview: International Petroleum Taxation and Finance LLM
The LLM in International Petroleum Taxation and Finance at the University of Dundee is delivered by the Centre for Energy, Petroleum and Mineral Law and Policy (CEPMLP), a global voice of energy law and policy since 1977. This distance learning program examines the choices governments make in balancing resource taxes and corporate taxes, and the share of production retained by the state.
You will study the regulation of petroleum production, fiscal options for resource and corporate taxes, and the project financing of petroleum production through debt, forward purchases, and production payments. The program also explores how different taxes interact to create the total tax burden on petroleum operations.
This program is aimed at petroleum industry professionals in both government and the private sector who wish to gain a grounding in the fiscal and financial dimensions of the international petroleum industry within a legal framework. You do not need to be a lawyer to take this course, making it accessible to professionals from diverse backgrounds.
Key Program Highlights
- Delivered by the renowned CEPMLP, with over 6,000 postgraduate alumni from more than 50 countries worldwide
- Flexible distance learning format designed for working professionals in the petroleum and energy sectors
- Open to non-lawyers, welcoming graduates from law, economics, finance, geology, petroleum, and mining engineering
- Combines legal, policy, and quantitative studies for a comprehensive understanding of petroleum fiscal regimes
Curriculum and Modules
The LLM in International Petroleum Taxation and Finance combines core modules in petroleum law, taxation, economics, and finance with elective options. The program is delivered entirely via distance learning, with modules running across both semesters to provide maximum flexibility for working professionals.
International Petroleum Law and Policy
20 UK CreditsProvides an understanding of the main law and policy issues in the international petroleum industry, with emphasis on transactional agreements between host governments and oil companies or investors.
Mineral and Petroleum Taxation
20 UK CreditsCovers how taxes and non-tax instruments are used by governments and extractive industries, including resource rent taxation, royalties, direct and indirect taxes, PSA/PSC structures, and transfer pricing.
Petroleum Policy and Economics
20 UK CreditsDeals with the economic and policy aspects of the international oil and gas industry, covering the entire supply chain and focusing on both supply and demand sides of the industry.
Financial and Project Analysis of Natural Resources and Energy Ventures
20 UK CreditsProvides a critical understanding of project financing in energy, petroleum, and mining projects, including the tools to understand how project finance can be used to fund investment.
Risk Analysis for Energy and Mining Investment Decision Making
20 UK CreditsFocuses on analytical techniques for assessing risk in energy and mining investment decisions, combining quantitative methods with practical industry applications.
LLM Dissertation
60 UK CreditsAn independent research project allowing you to conduct in-depth analysis on a topic of your choice within petroleum taxation and finance, supervised by CEPMLP faculty.
Elective Modules
Admission Requirements
The LLM in International Petroleum Taxation and Finance welcomes applicants from a range of professional and academic backgrounds. You do not need to hold a law degree to apply, as the program is designed for professionals across the petroleum and energy sectors. Contact Uni4Edu for guidance on your specific eligibility.
Academic Requirements
- Degree RequirementA bachelor's degree (minimum Lower Second Class Honours or international equivalent) in a relevant discipline
- Preferred DisciplinesLaw, Economics, Finance, Geology, Petroleum, or Mining Engineering
- Professional ExperienceWork experience in the energy or natural resources industry is an advantage but not a strict requirement
- Minimum GPAEquivalent to UK Lower Second Class Honours (2:2) or above
- Non-LawyersThe program is open to non-lawyers; a law degree is not required for admission
English Language Requirements
- IELTSOverall 6.5 (with no component below 6.0)
- TOEFL iBTContact Uni4Edu for current TOEFL requirements
- PTE AcademicContact Uni4Edu for current PTE requirements
Required Documents
Application Deadlines
For personalized admission guidance, document verification, and application support, please contact Uni4Edu
Scholarships and Funding
The University of Dundee offers a range of scholarships and bursaries to support postgraduate students. International students enrolled in distance learning programs may also be eligible for various funding opportunities. Contact Uni4Edu for personalised guidance on available financial support.
University of Dundee Global Excellence Scholarship
Merit-based scholarship available to international postgraduate students demonstrating outstanding academic achievement and professional potential in their field of study.
CEPMLP Postgraduate Scholarship
Awarded to exceptional candidates applying to CEPMLP programs, recognising academic excellence and commitment to the energy and natural resources sector.
Commonwealth and External Funding
Varies by schemeStudents from Commonwealth countries and other regions may be eligible for government-sponsored scholarships and external funding. Uni4Edu can help identify relevant opportunities based on your nationality.
For detailed tuition fee information, please contact Uni4Edu — we will guide you through the costs and available funding options for this program.
Career Prospects
Graduates of the LLM in International Petroleum Taxation and Finance move into a wide range of high-profile roles across the energy, legal, and financial sectors. CEPMLP alumni can be found in national oil companies, international oil companies, government departments, law firms, financial institutions, and energy consultancies worldwide.
Typical Career Roles
Where Graduates Work
Rankings and Recognition
The University of Dundee is a respected institution with strong rankings across multiple league tables. Its Centre for Energy, Petroleum and Mineral Law and Policy (CEPMLP) is internationally recognised as a leading centre for energy law education and research, attracting students and professionals from around the globe.
| Subject | Ranking Body | Rank |
|---|---|---|
| Law | QS World University Rankings by Subject | #301 |
| Social Sciences and Public Health | US News | #419 |
| Overall Student Satisfaction (Scotland) | National Student Survey | 1st in Scotland in 12 subjects |
| Employability | QS Employability Rankings | Top 200 |
How to Apply
Applying for this program is easy with Uni4Edu. Our team will guide you through every step of the process — from document preparation to final enrolment.
Contact Uni4Edu
Reach out to our team via email or phone. We will assess your profile and confirm your eligibility for this program.
Prepare Your Documents
Our advisors will provide you with a personalised checklist of required documents and help you prepare your application package.
Submit Your Application
Uni4Edu will submit your application on your behalf and keep you updated on its progress throughout the review period.
Receive Your Offer
Once accepted, we will help you understand your offer, arrange visa support if needed, and guide you through the enrolment process.
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