MBA IN PETROLEUM AND ENERGY MANAGEMENT

MBA or management as a career has seen so much diversity since its birth; I think no other professional course has gone through such drastic changes. Today one can pursue MBA/PGDM in almost every genre from basic business operations like Human resource, Marketing and sales to typical technological aspects like ERP, Business Analytics and Information Technology. Today some of the top colleges in cities like Delhi/Pune/Bangalore had included much diversification in their business courses offered than ever.
MBA in petroleum or MBA in energy management is a very young and rapidly growing field of management, as its name suggests, this particular specialization focuses upon the management of energy corporations. In the countries like India with less than sufficient energy generation and supply infrastructure, this field has immense scope for development and expansion. The curriculum for most   B-colleges and institutions that teach this specialization consists of an amalgamation of conventional management disciplines like finance, marketing, operations, human resource management and strategic management, along with focused studies on petroleum and energy sectors like refinery technology and economics, natural gas businesses, exploration and non-conventional energyThere are not much colleges providing MBA in petroleum and energy management, Fuel being an indispensable need for sustenance, the oil, and gas and petroleum industries are constantly revolutionizing them, looking for fuel-efficient methods and more renewable sources of power. Consequently, like any other sector, this ever-expanding and demanding sector also needs efficient managers.
MBA in petroleum or MBA in energy management- Details
MBA in Oil and Gas Management is a 2- year long management program divided into 4 semesters. The program is taught in a format that essentially includes self-learning. The curriculum combines theoretical coursework in core topics of business administration.
It imparts to eligible candidates, advanced learning in strategic business issues across the entire hydrocarbon value chain. The program academically explores the retailing of petroleum and petroleum products and covers areas such as pricing, production, import of crude oil and LNG, acquisition of oil equity, refining and export of petroleum products, regulations, distribution of oil and gas, and petro-research. The basic motivation is to create a conceptual background and giving practical experience.
  • It is 2 year postgraduate programs with a semester based examination schemes.
  • The average salary for an MBA in petroleum and energy management is about 3-10 lacs PA
  • There are very few B-colleges in India providing MBA in petroleum and energy management with top colleges like UPES Dehradoon and MDI gurgaon.
  •  Top recruiting companies includes Indian Oil, HPCL, BPCL, ONGC, GAIL, Indigo etc

Eligibility for MBA in petroleum and energy management-
  • A minimum aggregate score of 50% at both Higher and Senior Secondary levels of education (classes X and XII).
  • Graduation in engineering/ B.Sc. (PCM) with a minimum aggregate score of 50% from a recognized university.
  • Preference is given to candidates with a minimum of 2 years of work experience.
  • Shall have passed any of the entrance exams like UPESMET/CAT/MAT/XAT/NMAT/GMAT etc
Benefits of MBA in petroleum and energy management
  • Career prospects- India being 6th largest consumer of energy, there is a vast opportunity for management in the nation’s energy resources units. There are about 250+ national and international companies which produce 266 GW of wind energy, solar energy and bio mass energy. There is a very vast range of opportunities in the energy industry for the future managers.
  • Easy and Apt Learning- Petroleum and energy Management is not much of hard core studious genre in comparison to other fields of management, and gives precisely the knowledge and training that is required in carrying out operations by means of lots of practical, site visits, presentations etc. But don’t misunderstand the course as easy to be more competitive, the crowd in the course is often moderate.
  • High Earning- Energy management is in the trend and is getting more and more popular day by day, India as a huge nation has a lot of energy inputs as well as output and the industry gets a huge pump cash flow, people gets paid very good in the energy resources sector, people get hired on the top level supervisors and manager position in Many huge corporate.
  • Giving to society- Apart from being financial secure, Being in energy resources industry, gives you a chance to give back something to the society, As a human being it’s our duty to always respect and maintain the nature, and energy/resource industry lets you do exactly that. You can always develop and find some innovative methods which can increase yields and in the process nurture the nature.

For such useful informative details and getting help regarding any B-School related query or searching best MBA colleges in cities like Delhi/Mumbai/Bangalore/Pune please must check EdumyraAnd also we are here to give all the info on exams like CAT/XAT/SNAP etc
Source - Edumyra

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