MBA in Oil and Gas
A minimum cumulative score of 50% or higher or an equivalent CGPA from an accredited university is required for admission to this program. For an MBA in Oil and Gas Management students can have a bachelor’s degree in any discipline. Students must pass MBA entrance exams like the CAT SNAP XAT and GMAT to be admitted to the course. Most universities in India will accept these entrance exam scores to qualify students for admission. However, some of the colleges conduct their entrance exams to qualify students. After submitting entrance exam scores students must appear for group discussion and personal interview rounds to qualify for admission. The average fee for this program varies from university to university. The fee range for this program may vary depending on the university. The average fee ranges from ₹ 2.1 Lakhs to ₹ 12.30 Lakhs.
Many universities also offer a distance MBA in Oil and Gas Management for students who are working or cannot attend on-campus regular classes. Many deemed universities in India like UPES Dehradun offer this course both in regular and correspondence mode. However, admission to this program follows the same procedure as for the regular program. Admission is based on entrance exam scores and performance in personal interview rounds and group discussions.
Graduates who obtain this degree in infrastructure management are qualified for several job positions. These positions are offered in the private and public sectors. The various sectors for which graduates can work with this degree are construction, project management, facilities management, real estate, infrastructure finance, transport, utilities, government agencies, energy companies, and consulting firms. Some of the different graduate job positions for an MBA in Oil and Gas Management are Project Manager, Infrastructure Analyst, Business Development Executive, Operations Executive, Procurement Executive, Asset Management Executive, Facility Management Consultant and Financial Analyst. The key employers of MBA graduates in Infrastructure Management are Wipro, Cognizant, Tech Mahindra, Adani Group companies, Larsen & Toubro (L&T), Reliance Infrastructure, GMR Infrastructure, GVK Power and Infrastructure and other large public and private infrastructure development and construction firms.
Highlights
Here are some of the important information related to the MBA in Oil and Gas Management. Some of the valuable information like course name, course level, duration and admission process are mentioned for the students interested to refer. Students also refer to this information about the packages offered by companies after completing the degree. Students aspiring to have a degree of MBA in Oil and Gas Management can refer to the information given below
What is an MBA in Oil and Gas Management
An MBA in Oil and Gas Management is a specialization under the MBA program that is a combination of the basic study of general management and the dynamics of the oil and gas industry. It provides students with the knowledge and skills to take on both leadership and managerial positions, especially in the oil and gas industry.
The basic knowledge and skills related to the formation, extraction, usage, and conversion of energy resources and how to utilize these skills to the maximum potential are being provided to the students. The course will include real-world projects, internships, and industrial visits to help students understand better through real-life scenarios. The main focus of the program is to provide students with skills and knowledge to help increase the productivity and efficiency of resources.
Why an MBA in Oil and Gas Management
The energy sector is considered the most important sector of the global economy. The energy sector is helpful in most of the services helpful for the general public. These services include transportation, manufacturing, agriculture and information and communication technologies. Hence the importance of the energy sector around the globe is increasing day by day. All the energy sector-related industries may offer a large number of job opportunities in various areas in such companies. These energy sector-related industries especially extractive, processing and petrochemical may offer career opportunities for professionals who graduated with an MBA in Oil and Gas Management degree.
An MBA in Oil and Gas Management helps students to work in leadership roles both at the junior and senior levels of management in the oil and gas sectors. The program allows students to have an understanding of effective operations management in the energy sector. Students in this program are equipped with theoretical and practical knowledge. Students undertake major projects, there are industry visits and summer internships to help the students have a better understanding of the course. Students can choose a career path in different industries. These sectors can include manufacturing, service or consulting sectors in the oil and gas industries.
Eligibility
The admission criteria for the MBA in Infrastructure Management are discussed below:
Students should have a bachelor's degree. This degree can be in any discipline from any recognized university. 50% or equivalent CGPA or more passing percentage is needed for admission.
For students under the reserved category ( OBC/SC/ST) 5% relaxation is offered from the needed 50% percentage.
Students can apply in their final year after submitting a no-objection certificate from the principal of their college.
For top universities, score of 60% or more is required for admission
A good score in the entrance exams is needed for those who wish to get admission to top colleges.
Admission Process
The steps for the admission process for an MBA in Infrastructure Management are as follows:-
Students must fulfill the admission criteria mentioned above.
Few of the colleges/ universities have criteria that demand at least one year of relevant experience. Experience is important to understand management studies. The individuals can acquire the skills better for their advancement in the future.
Students need to pass entrance exams like CAT, XAT, CMAT, SNAP, GMAT and other private university-based examinations depending on the requirements of different universities. Depending upon the cut-off or the score admissions will be provided in this course.
All invited candidates must complete the online or offline admission form and attach all required papers, including their Aadhar card number, proof of address proof of residency grade sheets 10 and 12 and graduation grade sheet.
After clearing the entrance exams needed by the respective universities students need to appear for the group discussion round and the personal interview round. These rounds are conducted to assess student’s communication skills and problem-solving abilities.
The final selection in the universities is based on the overall score, which is calculated based on the entrance exam score GD/PI performance and work experience.
Results of the entrance exam and interview are the basis of admission into the MBA program in entrepreneurship management.
Document verification can be done by the students before paying the costs and then can enroll in the classes respectively.
Career Prospects
An MBA in Oil and Gas Management provides career opportunities in different sectors related to the oil and gas industry. However, the course structure contains internships, real-world projects and industry visits so that students can get hands-on experience. With the help of the practical exposure students will be able to interact with the potential employers and can grasp the chance of getting placement in the deemed companies. Possible career profiles for the students of MBA oil and gas management include regulatory and financial consulting, energy efficiency consultant and business development, fuel procurement analyst, power and carbon trading expert, ESG specialist, IT and consulting, energy analyst/SME and CGD project manager.
Top colleges for MBA in Infrastructure Management
Here is a list of colleges offering MBAs in Oil and Gas Management in India. The table below shows valuable information related to the management course in oil and gas management. The information includes duration program name fees average package offered and top colleges in the field of MBA in Oil and Gas Management. This information is given to guide the student who aspires to take a degree in Oil and Gas Management. This information can prove to be helpful for the students who want to take up this degree.
In these colleges, an MBA in Oil and Gas Management is offered as a year-long or a two-year course. Some colleges offer certifications covering all the subjects related to an MBA in Oil and Gas Management. Some of the colleges also provide a Ph.d Executive MBA or certifications in Oil and gas Management. Students aspiring to take executive courses or Ph.D courses other than the regular course in MBA in Oil and Gas Management can refer to the information given below. Some colleges include UPES Dehradun, Academy of Maritime Education and Training (AMET), Pandit Deendayal Energy University
(School of Management) etc.
Future Scope
An MBA in Oil and Gas Management is provided with different opportunities in different sectors all over the world. These sectors range from exploration and production to refining, distribution and environmental management. Students have a bright future and a large number of career options considering the complexity and demand of the oil and gas industry. The various job sectors include taking care of the drilling operations, ensuring the efficient extraction of resources, managing supply chains and maintaining compliance with environmental regulations. Professionals can work on the financial aspects. These financial areas include cost management, risk assessment and analyzing investment methods. In addition, the current trend of sustainability has made managers in the oil and gas sectors focus more on renewable energy systems and optimize the use of fossil fuels. The scope of the industry also includes improvement in technological processes. Innovations in automation, artificial intelligence, and data analytics have revolutionized the field, making it imperative to bring together a broad combination of technical knowledge, managerial capabilities, and responsiveness to changing industry trends.
Conclusion
The management degree in Oil and Gas is a specific specialisation program designed for individuals who aspire to acquire leadership and managerial roles in the energy sector or oil and gas sector of the country. This degree contains a curriculum that combines the business education with the in-depth knowledge of the oil and gas industry. This knowledge includes exploration, production, supply chain and environmental management. This program will help the graduates gather the knowledge and skills regarding the fluctuating markets, regulatory compliance and sustainability management. With the main aim of strategic thinking, risk management and global energy trends this degree opens doors to careers in multinational corporations, government agencies and consulting firms. Ultimately, it empowers professionals to drive innovation and growth in the global energy landscape.
FAQ for MBA in Oil and Gas
According to the sources UPES Dehradun has been identified as one of the best colleges for MBA in Oil and gas management course in India.
Fees range for MBA courses in oil and gas from ₹ 2.1 Lakhs to ₹ 12.30 Lakhs.
Some of the best courses for oil and gas management are as follows: Diploma in Petroleum Engineering. Diploma in Drilling Technology. Oil and Gas diploma course. NDT level II. Diploma in Fire and Safety Diploma in Pipeline Engineering. Diploma in Health, Safety and Environment (HSE)
The Top Certifications in the Oil and Gas are as follows: TUV Rheinland Certification. API 936 Certification. Loading Master Certification for Oil and Gas and Petrochemicals.