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Petroleum Management for accelerated career in Energy Sector

Energy is the source of life for any nation. In India energy sector has assumed greater significance as it is treading accelerated growth path. Oil and Natural Gas sector, as a traditional source for energy has become very important sector across the globe. The energy policy has become more proactive and environmental awareness in the society gained prominence. As a result, several public sector companies in the oil and gas sector have geared themselves to the new challenge and several foreign firms associated with this sector have made way to India.

Indian companies have started going abroad with several types of long-term agenda. The scenario is interesting and exciting. When the sector, on one hand, is showing promise with its high growth, it on the other hand has been facing acute shortage of petro-managers or techno-managers for dealing with various tasks. Many enthusiastic technocrats working in sector and associate sectors would like to open up more opportunities for their own growth and advancement by acquiring management skills which are vital for climbing up in the ladder of hierarchy.

The MBA program is designed to facilitate students in understanding, developing, integrating and applying knowledge of both core and specialized areas of management and their concepts and practices in the domain of the Petroleum and Energy Sector. The focus will be to impart extensive training in various areas of specializations through electives, thereby providing a wide array of career opportunities in the sector.

The programme aims to develop human resources to cater to the petroleum and allied energy sectors. M.B.A. (Petroleum and Energy Management) allows students to comprehend, evolve, and integrate knowledge of specialized parts of management. They also learn about the concepts and practices in petroleum and energy sector.

Eligibility Criteria for admission to M.B.A. (Petroleum and Energy Management):
  • You must have secured 60% marks in aggregate in matriculation and 10+2 level.
  • You must have secured at least 65% marks in aggregate at graduation level in any branch of engineering/technology from an accredited university or college. Mathematics must be one of the compulsory subjects at 10+2 level.
  • In addition, you need to clear CAT/JMET/GMAT exam to get admission in M.B.A. Petroleum and Energy Management.
Duration of M.B.A. (Petroleum and Energy Management): Two years

Selection Process for admission into M.B.A. (Petroleum and Energy Management)
Candidates are shortlisted on the basis of merit list prepared from CAT/MAT scores. Thereafter the shortlisted candidates are invited for further admission process which comprises interview and/or Group Discussion. Based on the performance at theses stages, the final selection of the candidates is done. Candidates are required to secure at least 70% in CAT or 75% in MAT.

Career Prospects
A degree in M.B.A. (Petroleum and Energy Management) imparts necessary skills as well as competence which are required to function in important positions in a number of segments of the petroleum and energy sector. Some of the basic jobs that you can get include Energy Trader, Director of Operations, Business Development Manager and Pricing Analyst -- to name a few. Obviously, you will get lucrative packages in this sector.

It is not only in the core Oil & Gas sector that petro-graduates are in demand. Another promising area is IT. Companies with domain areas in Oil and Gas, such as Wipro & TCS have verticals focused on Oil and Gas. They are responsible for projects in these industries. They prefer people with IT knowledge and domain knowledge of the Oil & Gas sector.

Secondly, there are a number of companies into the design of off-shore structure, off shore drill-well etc, which only petroleum engineers can execute as they will have these subjects covered in their curriculum unlike a civil or mechanical engineer. For example, L&T is a major company in this area. The remuneration, however, offered will be higher for the core technical jobs, in comparison to these allied opportunities.

The average salary would be around rupees 4.5 lakhs and can reach up to 10 lakhs. BTech holders will have an edge over the MBAs in placements as it is a technology-dominant industry.

Opportunities abroad

Another interesting fact to note is that 30% of the petroleum engineers produced by India are working abroad. There are opportunities in various clearly for international companies like British Gas, Schlumburger etc.

Courses and Institutions
Name of Institute Location Course Duration
School of Petroleum Management, Pandit
Deendayal Petroleum University
Gandhinagar, Gujarat MBA (Oil and Gas) 2 years
Executive MBA 15 months
PGD in Petroleum Mgmt for Executives
(PGDPM-X) (Part Time)
2 years
University of Petroleum &
Energy Studies
Dehradun, Uttarakhand MBA (Oil & Gas Management)
MBA (Energy Trading) 2 years
Executive MBA (Oil & Gas)
3 years
BBA (Oil & Gas Marketing) 3 years
Rajiv Gandhi Institute of Petroleum
Technology (RGIPT)
Rae Bareli, Uttar Pradesh MBA (Petroleum &
Energy Management)
2 years
Published date : 14 Dec 2010 02:09PM

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