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Economics for Natural Resource and Environmental Management (MSc/PgDip/PgCert)


Course Description

Course Description

This course provides graduates with an understanding of the complex relationship between environmental issues and the impact of economic decision making. Students critically appraise alternative environmental measures and develop the ability to identify and recommend suitable solutions for effective environmental management.

Overview

The current emphasis on sustainable management across the globe is a consequence of a growing awareness of the impact of modern society on the environment. Such concerns are clearly evident in recent high profile studies such as the Millennium Ecosystem Assessment.

As a result, there is a pressing international need for people with the ability to apply economic principles and techniques to support decision making for the effective and efficient management of natural resources and the environment.

Start date: Full-time: October. Part-time: throughout the year.

Duration: Full-time MSc - one year, Part-time MSc - up to three years, Full-time PgCert - one year, Part-time PgCert - two years, Full-time PgDip - one year, Part-time PgDip - two years

English Language Requirements

If you are an international student you will need to provide evidence that you have achieved a satisfactory test result in an English qualification. The minimum standard expected from a number of accepted courses are as follows:

IELTS - 6.5
TOEFL - 92
Pearson PTE Academic - 65
Cambridge English Scale - 180
Cambridge English: Advanced - C
Cambridge English: Proficiency - C

In addition to these minimum scores you are also expected to achieve a balanced score across all elements of the test. We reserve the right to reject any test score if any one element of the test score is too low.

We can only accept tests taken within two years of your registration date (with the exception of Cambridge English tests which have no expiry date).

Course overview

The course comprises eight one-week assessed modules, an introductory module, a group project and an individual research project. Students undertaking the Postgraduate Diploma (PgDip) complete eight modules, the introductory module and the group project. Postgraduate Certificate (PgCert) students complete six modules.

Modules

The modules include lectures and tutorials, and are assessed through written examinations and assignments. These provide the knowledge of theory and techniques required for the group and individual projects.

Core:
- Principles of Sustainability
- Environmental Valuation
- Financial and Economic Appraisal for Environmental Management
- Environmental Policy and Risk Governance
- Environmental Econometrics
- Natural Resource Economics
- Technology, Environment and Society

Individual Project

Students select an individual project in consultation with the Course Director. It provides students with the opportunity to develop and demonstrate independent research ability, working within agreed objectives, deadlines and budgets. Part-time students usually undertake their individual project at their place of work.

Group Project

The group project is an applied team based activity, in which students apply their knowledge of natural resource and environmental economics to address real-world problems. Success depends on the integration of various activities in relation to agreed objectives, deadlines and budgets. Students submit a project report and present their findings to representatives from the public sector and/or industry.

Assessment

Taught modules 40%, group project 20% (dissertation for part-time students), individual thesis project 40%.

Career opportunities

Takes you on to a wide-range of careers as professional economists in the public and private sectors.

For further information

On this course, please visit our course webpage - http://www.cranfield.ac.uk/courses/masters/economics-for-natural-resource-and-environmental-management.html

Visit the Economics for Natural Resource and Environmental Management (MSc/PgDip/PgCert) page on the Cranfield University website for more details!

(Student Profile)

Mohammad Hashim Ghilzai

Why did you choose the course?
This course provides theoretical understanding and equips with practical skills. It enables students to demonstrate critical ability. The course I selected was a beautiful combination of theory and practice based on sustainable land management. World wide there is increased concern for environment, sustainable agriculture and natural resource management, I found that this course is designed to cover all these important aspects. In addition to training in sustainable land management, this course also provides a framework for personal development.

What skills did you acquire from postgraduate study?
It enhanced my understanding of natural resources and their management. This course enabled me to demonstrate critical ability. With this study I am in a better position to plan and execute natural resource management projects. It has improved my communication skills and now can communicate with confidence. Remote sensing and GIS skills are life time assets that I acquired from this course.

What was your individual project about?
It was about Land use change and ecosystem services, a case study of Bedfordshire

Would you recommend your course and why?
Definitely, I have already recommended it and would continue to do so as this is world class course which gives a practical insight into the affairs of Land Management and natural resource management

Do you have any advice for students considering postgraduate study?
Yes, go for and take postgraduate study as it is a milestone in academic qualification. Once taken then work hard in each module and activity. Always take field tours seriously as this is wonderful opportunity to put theory to practice.

Is there any advice you can offer for students coming from Pakistan coming to the UK to study?
Yes, my personal experience of studying at Cranfield is wonderful. I would motivate and encourage students for choosing UK for education as this great country is second to none in world class education and definitely suggest Cranfield University to any student going to UK for studies.

How has your Cranfield degree helped you to get where you are today?
In the provincial departmental hierarchy I’m number three from the top in the department having thousands of employees, three directorates general, one Cooperative Bank, One Agriculture College (Degree awarding). Due to My Cranfield qualification the provincial Government considered me for my current position.

(Student Profile)

Alex Massie

Why did you choose your postgraduate course?
I had volunteered overseas before, but wanted to obtain a job in the field. In development and disaster relief it is now necessary to have an appropriate Masters qualification before you can be considered for the job and so I decided to take the course.

Describe your experience of postgraduate study at Cranfield
People who you are learning from are experienced and knowledgeable about the subject particularly with regards to the course director. The modules themselves were well designed and evidently based upon years of honing the content. I enjoyed the flexibility afforded by many of the learning tasks, and the week of practical work was excellent, though all too brief. The facilities at our disposal for study were generally excellent.

What skills are you acquiring from the study?
Whilst I had a significant understanding of the engineering elements in advance of the course, the social aspects and implications were something I had not addressed fully. Through the course I have learnt about the issues regarding communities and development, problems to look out for and methods of addressing this in the field.

What was your individual thesis project about?
My thesis was about the hygiene beliefs and practices of the Batwa tribe of central Africa, specifically in south west Uganda. I funded it entirely myself, though the major costs are air travel as living in country is usually very cheap. I was partnered with an NGO that I contacted at my own instigation as I proposed my own project. Proposing my own project gave me the flexibility to do what I wished, though it meant that I had to do all the groundwork myself.

Would you recommend the course? Why?
Yes, the experience of the lecturers and course director in particular. The extensive overseas experience of those running the course is vital for the vibrancy, success and relevance of the course and I was lucky to be able to learn from such people. I would urge anyone considering a similar course anywhere to look at the overseas experience of those running the course as well as the reputation among NGOs.

What do you most like about Cranfield?
Besides the course, the thing that attracted me to Cranfield was that it is a postgraduate only institution which means that mature students are the norm, not the exception. This means socialising is perhaps easier than in a university dominated by undergraduates.

(Student Profile)

Shannon Anderson

- Why did you choose Cranfield?

I chose to study the Economics for Natural Resource and Environmental Management MSc course as I felt it would add a huge amount of value to my undergraduate degree and would assist me in finding a job within the environmental sector. I also really liked the course set up (modules, group work, thesis), which really influenced my decision to attend Cranfield. The positive links with industry was also a massive plus in coming to the campus.

- What was Cranfield's impact?

Although the modules were tough in terms of workload and content, I learnt a huge amount and really felt like I was improving all the time. It was easy to keep motivated and I always looked forward to the next module. I have grown both academically and personally while on this course. I have picked up so many more skills and I am more confident at communicating ideas and creating projects. I would recommend the course as it prepares you for the business world, and the skills gained are certainly worth the time spent studying. This course is practical and the support received from all lecturers is extremely good. An MSc in Economics for Natural Resource and Environmental Management will help in providing me with the opportunity to work in a sector that I am passionate about. It has given me the skills that I was lacking after my undergraduate degree and the links with industry can only be beneficial. Cranfield is a well-recognised institution.

Cranfield is really good at creating opportunities for students. It’s a fantastic learning environment and there is enough entertainment and social events to satisfy most people. It has truly been a fantastic year here.


(Scholarship)

Cranfield Postgraduate Loan Scheme (CPLS) - 20+ Awards

Cranfield University is now able to offer you a more affordable way to study an MSc with loans managed by Prodigy Finance.With a Cranfield Postgraduate Loan it is possible for you to take up your MSc studies with no repayments while you study. This will leave you free to concentrate on your course and enhance your career prospects.Launched in February 2014, the scheme is designed to support UK and EU students entering postgraduate study and is intended to attract those who may not otherwise progress to this level because of financial constraints.Loans of up to £15,000 are available (dependent on the tuition fees for your chosen course).If you are a UK student, loans are available for tuition fees and maintenance. EU students can apply for a loan covering only tuition fees.
Loans are repaid over a seven year period and repayments start six months after you complete your degree. As a not-for-profit scheme, funded by Cranfield and HEFCE, the loans are competitively priced (6.92% APR representative) and considerably more affordable than a standard career development loan.

Value of Scholarship(s)

Loans of up to £15,000 total

Eligibility

You can apply for a loan if you:• are domiciled in the UK or EU and qualify for ‘Home/EU’ fees and
• have an admissions offer to a Cranfield full-time, taught MSc course in a STEM (Science, Technology Engineering or Mathematics) subject

Application Procedure

If you already have an applicable course offer you can apply online through Prodigy Finance. You will need to provide Prodigy Finance with details of your offer from Cranfield. Your loan application will be considered and responded to within a few days.

If you are yet to secure an offer of a place you can register your interest in the scheme and we will keep you up-to-date.

Further Information

http://www.cranfield.ac.uk/loan?utm_campaign=commscpls&utm_source=fam&utm_medium=onlineprofile&utm_content=courselistingfunding



Entry Requirements

Candidates must possess, or be expected to achieve, a first or second class UK Honours degree or equivalent in a relevant discipline. Other relevant qualifications, together with significant experience, may be considered. Suitable for graduates with natural, physical, engineering science and business-related degrees keen to align their careers toward natural resource and environmental economics, or graduates with a degree in economics seeking to develop a specialist knowledge of natural resource and environmental economics.

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