Very soon Makerere University Business School will start a post graduate degree in Energy Economics and Governance and PhD in energy economics.
Following a Shs 7.7 billion grant the School received from the Norwegian Agency for Development Cooperation (Norad).
Running under a program titled, Capacity Building in Education and Research for Economic Governance in Uganda, the grant will support academic and research collaboration between MUBS and the Norwegian University of Life Sciences (NMBU).
According to the Dean Faculty of Graduate studies and Research, Dr. Mohammed Ngoma, the Masters programme will run for two academic years at MUBS and equal opportunity will be given to qualified female applicants during the selection.
It will be facilitated by both the MUBS and visiting Professors from the NMBU School of Economics and Business
The program will address issues related to energy pricing, energy markets, regulation, ownership structures, oil and gas resource and revenue management, as well as these revenues are incorporated in the macro economy.
It will also consider the potential of expanding the use of renewable energy (solar, wind, hydro and bio energy) and how these can be combined, as well as the effects of industrialization.
The proposal to commence this programme has been welcomed by the Government of Uganda through the Ministry of Energy and Mineral Resources through a Stakeholders meeting held at the Ministries Head Office.
Dr. Ngoma further explained that the School will engage the Management of key energy sector players like UMEME, Uganda Electricity Distribution Company, Uganda Electricity Generation Company, distributors such as Shell, Total among others in discussions to support the commencement of the Master Energy Economics and Governance(MEEG).
It also planned that some local experts will be engaged to conduct Guest lectures on the programme.
MUBS has already conducted stakeholder consultations and engaged the Course Review Committee with the view of developing reading materials, training of trainers, publicity, student enrolment, procurement of textbooks, software (calculation, simulation) supervision, development of case studies, bench mark visits, field works, and course review seminars.