Executive Master of Finance & Control for the Energy Industry

A possible new edition is currently under construction. Let us know if you want to be informed when more details become clear. 

Highlights of the Executive Master of Finance & Control for the Energy Industry

  • Internationally acknowledged Executive Master degree of Finance & Control for the Energy Industry
  • Fast track structure (on- campus, off-campus)
  • Sessions can be attended separately

Key benefits

What's in it for you?

The Master of Finance and Control prepares participants for senior financial professional positions within the energy industry and for the challenges of managing an energy business in a dynamic and – in terms of regulatory requirements – complex internal context.

After completion of the programme the participant:

  • Will be able to produce, analyse and combine financial information for high-level decision-making processes.
  • Will have the knowledge and skills to effectively control the management of any organisation in the industry.
  • Will be fully equipped to pro-actively initiate and supervise the implementation of sophisticated and state-of-the-art financial and management control systems.



Which topics are addressed during this Executive Master?

The EMFC-EI programme bridges the gap between practice and theory. It benefits from a close, high-level cooperation between business and university. Teaching in the EMFC-EI programme is problem-based, using cases from the practice. The programme consists of six 2-week sessions over two years. The structure is fast-track (on-campus, off-campus), time between each session will be spent on reading and casework.

Six 2-week sessions
In all, the EMFC-EI consists of twelve modules, referred to as “competence areas,” and each 2-week session will cover at least two modules. The programme concludes with a thesis project in which the participant will be encouraged to integrate all acquired competences and skills. To support effective learning and minimise travel, an innovative electronic learning environment has been created. All teaching materials will be available on the internet and a discussion board will enable group discussions and information exchange.

The EMFC-EI programme is modular and designed to integrate academic and practical knowledge with corresponding energy business issues. The modules are centred around the following topics:
1. The Energy Value Chain
2. Advanced Corporate Finance and Economics
3. IT Information Management & Control and BIV/AO
4. Financial Accounting
5. Finance
6. Management Control
7. Management Accounting
8. Fraud, Governance, Sustainability, Ethics & Compliance
9. Strategic Management & Supply Chain Management and Logistics
10. Organisation, Management & Culture
11. Tax Risk Management
12. Energy Law and Contracts
13. Master thesis

Participant's profile

At whom is the Master of Finance and Control targeted?

You have an academic background and have been working for a multinational oil & gas company or in the energy industry for a minimum of 5 years in a financial job. Typically, supporting employers will value you as a ‘high potential’.

The EMFC-EI is geared to other programmes. Should you have completed a post-master programme in finance and control (e.g. Chartered Controller Programme or Certified Public Accountant), you will be exempted from certain modules of the programme.

The intake discussion is an integral part of the enrolment procedure. Before you enrol, additional individual instruction and training might be required – the so-called deficiency week, during which tailor-made education will be given in order to equalise your background with the rest of the students. Your employer will have to state their official support.

For this course, we have already welcomed participants from the following organisations: Nord Stream, Gazprom, GasTerra, N.V. Nederlandse Gasunie, DONG, Essent


Program Director and key lecturer Jan Willem Velthuijsen is Chief Economist, Partner Deals of PwC Economics Europe and part time Professor of Economics at the University of Groningen. Jan-Willem is specialised in economic consultancy and research, and his areas of expertise include a.o. regulation and competition economics, economic policy impact evaluations, cost-benefit analyses and business strategy. Other lecturers include:

Professor Martha Roggenkamp is Professor of Energy Law at the University of Groningen, Director of the Centre of Energy law and Of Counsel at the law firm Brinkhof in Amsterdam. She defended her PhD in 1999 at the University of Leiden on a dissertation studying the legal regime of pipelines in the oil and gas industry and has published extensively in the field of energy law. She is the author of the monograph “Oil and Gas: Netherlands Law and Practice” (1992) and contributor to and co-editor of several books.

Eddy Vaassen (1961) is a professor of Accountancy (specialization Accounting Information Systems) and Director of the Postmaster in Accountancy program at Tilburg University. He wrote his dissertation in 1994 at Maastricht University. He graduated from the Accountancy program of Maastricht University in 1990 and from the Business Economics program of the same university in 1988.

Irene Burgers is Professor of International Tax Law at the Faculty of Law of the University of Groningen and Professor of Economics of Taxation at the Faculty of Economics and Business of the University of Groningen. She graduated in 1985 in Economics of Taxation as well as in Business Economics at the University of Groningen and took her doctorate at this University in Tax Law with a dissertation entitled “The allocation of fiscal profits to branches of internationally operating banking enterprises”. For this dissertation she was awarded the Mitchell. B Carrol Prize 1992, an award granted by the International Fiscal Association for the best work devoted to international tax law.


Useful information

to be determined

Sessions will take place at international locations.

The tuition fee for the entire programme is €44.500,-. This amount excludes VAT, literature (approximately €2.000), lodging and travel expenses. Payment is required annually in advance. Each session can also be followed separately, price per session is: € 5.200,- per week, including accommodation (excl. VAT and flight cost) or €9.800,- for two weeks

Study load
The EMFC-EI degree is earned on the basis of successful completion of the 24-month programme. In addition to 60 course days, a substantial load of private study is required. During the off-campus periods you will stay in contact with lecturers, thesis coaches and participants via the internet and e-mail, while working on assignments and your thesis project. The on-off campus modular structure of this Executive Master programme allows you to maintain your home base and professional job while working towards an internationally recognised degree.

After successful completion of the programme, you will receive the NVAO accredited EMFC diploma, specialisation EMFC-EI, issued by the University of Groningen. Graduates will also have the option to enter for the Dutch Registered Controllers exam (RC).

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Thiska Portena


Thiska Portena
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