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    MBA in Oil and Gas Management

    MBA in Oil and Gas Management Overview

    Master of Business Administration (MBA) programme specialised in Oil and Gas Management, often known as MBA in Oil and Gas Management is a two-year postgraduate MBA degree programme. The exploration, extraction, processing, transportation, storage, trading, and marketing of crude oil and natural gas are all aspects of Oil and Gas Management. This course covers an overview of the global energy sector as well as emerging industry trends. For many years, the Oil and Gas Management business has been expanding. Several reasons have contributed to this expansion, including greater demand, new technology, expanded exploration, and more efficient extraction methods.

    Students will learn the principles of petroleum engineering, business management, economics, law, and environmental science as part of their MBA in Oil and Gas Management. Furthermore, domain experts are required in the Oil and Gas Management sector to perform managerial, techno-managerial, commercial, and functional tasks.

    The MBA programme is available to aspirants in a variety of forms, including full-time MBA, part-time MBA, distance learning MBA, online MBA, executive MBA, and 1-year MBA, all of which are designed to build the necessary managerial skills for the Oil and Gas industry. Aspirants must have a bachelor's degree qualification from a recognised university in a relevant field of study to pursue MBA in Oil and Gas Management. Apart from that, aspirants also have to pass entrance exams like CAT, XAT, MAT, CMAT, NMAT, GMAT, UPESMET, OPENMAT, etc., for the admission process. 

    University of Petroleum and Energy Studies, Rajiv Gandhi Institute of Petroleum Technology, Institute of Energy Management and Research, Pandit Deendayal Energy University, MIT School of Technology Management, and others are among the top MBA Oil and Gas Management colleges in India. Aspirants typically pay anywhere between INR 5 lakhs and INR 18 lakhs for the training.

    After earning an MBA in Oil and Gas Management, graduates can pursue further studies (Ph.D., MPhil, etc.) in the same discipline or apply for a variety of job opportunities in the Oil and Gas industry. They can function as an Operations Manager, Supply Chain Manager, Customer Relations Manager, Brand Managers, Gas Marketing and Business Managers, Corporation Planning and Strategy Managers, Business Analysis Operations Management, Accounting Manager, and more. Graduates with limited work experience can expect to earn between INR 4-10 lakhs per year upon completion of this programme. The income might reach sky-high limits as work experience, skills, academic qualifications, and other factors increase with time.

    MBA in Oil and Gas Management Highlights

    Here are the highlights of the MBA in Oil and Gas Management course:

    Full Name

    Master of Business Administration in Oil and Gas Management

    Stream

    Management

    Duration

    2 years

    Level

    Postgraduate

    Exam Type

    Semester-wise

    Eligibility

    Graduate in any stream

    Admission Process

    Entrance Exam + Selection Process of College

    Average Course Fee

    Rs. 2 lakhs

    Average Starting Salary

    Rs. 8 - 10 lakhs

    Top Recruiting Areas

    Petrochemical Companies, Petroleum Refineries, Petroleum Extraction and Exploration, Energy Production, Petroleum Engineering Companies etc.

    Top Recruiting Companies

    HPCL, Indian Oil, Gulf Air, Essar, Bharat Petroleum, ONGC, India LPG, GAIL etc.

    Why Study MBA in Oil and Gas Management?

    The oil and gas sectors are two of the most important industries in the world today. It has had an important role in developing the world we live in today. Oil and gas, as one of the six essential industries, offers numerous opportunities waiting to be seized. The younger generation of professionals, including MBA grads and engineers, can capitalise on chances in the ever-expanding Oil & Gas industry. So, even if there are various MBA specialisations available, why should somebody seek an MBA in Oil and Gas Management?

    To address this, here are the top five reasons why obtaining an MBA in Oil and Gas Management can help you advance anyone's career:

    • Phenomenal Demand: Not only is there a huge need in India, but the oil and gas business is one of the largest in the world. Whether it is petroleum, natural gas, or renewable energy, consumption is increasing and is expected to increase by 5% or more every year. The expanding usage trend will undoubtedly enhance demand for specialists in the next years.
    • Lucrative Salaries: The oil and gas industry is one of the highest paying in the country. When you complete your MBA in Oil and Gas Management, you are likely to be placed by the university. Expect a salary of roughly INR 6 lakhs to INR 10 lakhs per annum as a beginner in the business, which can rise even higher with the rising skillset, work experience, education qualification, and so on.
    • Interesting Career Path: Without a doubt, there are numerous career prospects for management experts in the Oil and Gas business. The job path, however, is extremely exciting. Not only is an MBA in Oil and Gas Management a highly diverse topic of study, but individuals can also pursue a variety of job routes. After earning an MBA in Oil and Gas Management degree, graduates can pursue their own career path as they are prepared to work in all domains, from operations to management, finance, sales, purchase, and marketing.
    • Many Learning Opportunities: Working in the Oil and Gas business provides numerous opportunities for learning. Because the Oil and Gas industry is dominated by Fortune 500 companies, professionals receive greater exposure than they would elsewhere. Furthermore, the functions are diversified, and MBA graduates work in a variety of fields. There are also opportunities to work abroad, which provides a unique professional and cultural experience. Students can choose their own professional path and can learn a lot from the Oil and Gas industry. 
    • Stable Business: Since the Oil and Gas industry is a core industry, job opportunities are plentiful. The industry is in high demand, and people who work in it often do so for the rest of their lives. There are also no job losses or layoffs, as in the IT sector. Students seeking an exciting yet steady job can benefit from an MBA in Oil and Gas Management degree.

    MBA in Oil and Gas Management Eligibility Criteria

    The eligibility criteria for an MBA in Oil and Gas Management degree are the same as for any other MBA programme. However, admission requirements differ from one college to the next. The following are the general qualifying requirements that candidates must meet in order to pursue this MBA degree:

    • Candidates must hold a Bachelor's degree in a related field of study, such as a BBA in Oil and Gas Management, or an equivalent certification from a recognised institution or university.
    • Aside from that, aspirants for this programme must attain a graduation grade point average of at least 50% or an equivalent grade.
    • Students are also chosen by colleges and universities based on their performance on entrance examinations (such as the CAT, CMAT, NMAT, MAT, XAT, UPESMET, GMAT, and others), personal interviews, and group discussions.

    MBA in Oil and Gas Management Admission Process

    Admission to the MBA in Oil and Gas Management postgraduate programmes is based on national/state/university level management exams. Candidates can appear in either CAT (Common Admission Test), which is the most widely used entrance exam used by business schools in India for admission to MBA programmes. Aside from that, additional admission tests for hopefuls to pursue an MBA in Oil and Gas Management degree include CMAT, MAT, NMAT, UPESMAT, GMAT, XAT, OPENMAT, and others. After passing their admission exams, individuals can now apply online or offline to universities and schools that offer MBA in Oil and Gas Management programmes. After filling out the application form and submitting all the necessary documents and academic records, candidates have to appear in PI (personal interview) and GD (group discussion) for admission to prove their final credibility.

    Candidates who have any query regarding admission process of MBA in Oil and Gas Management may ask questions on the Collegedekho QnA zone

    MBA in Oil and Gas Management Entrance Exams

    Aside from a Bachelor's degree in a relevant field of study or any other equivalent qualification from a recognised institution or university, aspirants must also pass an entrance exam accepted by the university offering the MBA in Oil and Gas Management programme, as admissions are based on merit and cut-off lists established by the universities. Some of the most popular entrance exams for an MBA in Oil and Gas Management programme are enlisted below:

    • CAT
    • CMAT
    • NMAT by GMAC
    • XAT
    • MAT
    • UPESMET
    • GMAT
    • OPENMAT, etc.

    MBA in Oil and Gas Management Colleges in India

    Two well-known MBA in Technology Management Colleges in India are the University of Petroleum and Energy Studies, Dehradun and Symbiosis Institute of International Business, Pune. If you are interested in admission to any of these colleges, you can fill our Common Application Form

    MBA in Oil and Gas Management Syllabus

    First Year

    Oil & Gas Business Project Management
    Financial Management Human Resource Management
    Economics & Management Decisions Petroleum Exploration
    Natural Gas Business Fuel Retailing
    Marketing Management Organizational Behaviour

    Second Year

    Strategic Management Petro Economics
    Data Analytics International Business
    Strategic Management Health, Safety & Environment
    Petroleum Law & Policy Petro Economics
    Risk Management Petroleum Financing

    MBA in Oil and Gas Management Career Options and Job Prospects

    The petroleum and energy industry is one of the largest industries in the world. Energy is one of the basic requirements that contribute to the development of any country and the demand for energy resources such as petroleum is high in every major or minor economy around the world. Hence, an MBA in Oil and Gas Management course not only as a career scope in the domestic market but also abroad.

    In India, the energy industry sees an increasing trend in the demand and not only is the production capacity of existing energy resources being increased but at the same time, new energy resources are also being researched to take care of the insatiable demand for energy arising from the households, offices and industries of India.

    This is an industry that promises limitless growth to talented individuals. This is Oil and Gas Management is one of the popular specializations of MBA in India. There are excellent career opportunities for MBA in Oil and Gas Management course since the course provides holistic knowledge of the industry and makes graduates eligible to join a number of different scores of the energy industry.

    Some of the key hiring areas of MBA in Oil and Gas Management include:

    • Refinery Management

    • Oil Exploration

    • Energy Generation

    • Oil and Gas Production Companies

    • Energy Infrastructure

    • Oil Marketing

    • Energy Consulting Companies

    • Petrochemical Businesses etc.

    Given below are some of the job profiles available after MBA in Oil and Gas Management.

    • Maintenance Manager

    • Oil and Gas Analyst

    • Sales Manager

    • Energy Consultant etc.

    FAQs about MBA Oil and Gas

    Who are Oil and Gas Managers?

    Oil and gas managers are usually Oil and Gas Management graduates who usually work in an office or on an offshore platform on the ocean bottom. They are responsible for overseeing all areas of an oil or natural gas company's production, from exploration to extraction to transportation to refining to marketing of completed goods.

    Who are Oil and Gas analysts/consultants?

    Oil and Gas Consultants or Analysts are professionals who have earned a degree in Oil and Gas Management and are trained to assess and analyse the current strength and fluctuations in data pertaining to oil and gas, monitor availability and distribution channels, and evaluate overall performance.

    What can you study after MBA in Oil and Gas Management degree?

    Aspirants can surely opt for further higher education after finishing their postgraduate degree or MBA in Oil and Gas Management. Aspirants can pursue either short-term courses in the same field of study to harness and increase their existing knowledge and skills or they can opt for postgraduate programmes like PhD or MPhil in the Oil and Gas field of study.

    Can I study MBA in Oil and Gas Management abroad?

    Yes, you can study MBA in Oil and Gas Management abroad in countries like the USA, the UK, Australia, Germany, Canada, and more. Some of the leading foreign universities where aspirants can study this programme are Duke University Fuqua School of Business, Haas School of Business, Rice University: Jones Graduate School of Business, University of Edinburgh Business School, Imperial College Business School and more. 

    What is the admission process for MBA in Oil and Gas Management degree?

    The admission process for MBA in Oil and Gas Management varies from one university to another. Having said that, the generic admission process for the programme consists of:

    • Applying to the universities offering this programme
    • Submitting the official documents and academic transcripts 
    • Submitting the entrance exam scores and applying for PI&GD
    • Paying the academic fee (if selected)
    Show More

    Related Questions

    g

    geet, Student / Alumni

    The registration for MBA has already started. Mittal School of Business, which attracts students from different parts of the world, is one of India's foremost Business Schools recognized for its industry-oriented curriculum, interactive hands-on pedagogy and intense industry interface. A multidisciplinary campus and multicultural environment suffused with student activity ensures all round development of its graduates, grooming them for successful entrepreneurship and global careers. Mittal School of Business is Among the First 10 Institutions in India to Get ACBSP (USA) Accreditation. Quality of education, placements and well being of the students are the prime focus of LPU. Scholarships, placements, exposure to industry, international internships and placements efficient and knowledgeable faculty, flexible curriculum and teaching pedagogies, infrastructure and diverse culture make LPU unmatchable. LPU shall leave no stone unturned. LPU provides opportunities to students to avail Internship / On-Job Training with industry and they are paid certain monthly stipends. At LPU, it is not about calling companies, it is about preparing students and making sure that they get selected. The university puts its best efforts for the grooming of the students to get good placements. Few of these efforts are like: a. Corporate Interactions, b. Live Projects with Industry, c. Industry Competitions, d. Industry Tie-ups and Centres of Excellence, e. Professional Enhancement Programme PEP Classes Analytical Skills Quantitative Skills, Technical Aptitude Skills, Presentations and Soft Skills and Mock Test.
    S

    Shreya Sareen, CollegeDekho Expert

    Dear Student

    St. Francis Institute of Management and Research, Mumbai offers MMS and PGDM at the postgraduate level. Eligibility criteria for both the programs is clearing a bachelor's degree with at least 50% marks in case of general candidate and 45% marks in case of reserved category. Besides this, you must have appeared for either MH-CETATMA/ GMAT/ CMAT/ CAT/ XAT or MAT entrance exam. You can fill the Common Admission Form to apply for admission or you can also visit the official website of the college. Selection for both the programs will be done on the basis of performance in the counselling round. The college will release a merit list of selected candidates on its official website. Selected candidates may proceed to college to confirm their admission. The annual fee of the MMS program is INR 2,27,840 while the annual fee of the PGDM program is 2,86,000. If you have further queries you can call on our toll-free number 18005729877. 

    You can also consider some of the other popular PGDM colleges below

    AAM- The Pragmatic B School, Chennai

    International Institute of Business Studies, Bangalore

    International School of Business and Media, Pune

    Thank You

    M

    Mawal Ark, Student / Alumni

    In order to acquire admission in LPU for MBA programme you need to qualify entrance exam, for your reference below is the eligibility criteria mentioned: Pass with 55% aggregate marks in Bachelor’s degree (any discipline) or equivalent, subject to qualifying LPUNEST or CAT or MAT or XAT or NMAT or CMAT^ and Interview Or Completed Company Secretary (CS) from Institute of Company Secretaries of India (ICSI), subject to qualifying Interview Or Completed Chartered Accountancy (CA) from Institute of Chartered Accountants of India (ICAI), subject to qualifying Interview Or Completed Cost & Management Accountancy (CMA) from Institute of Cost Accountants of India (ICAI), subject to qualifying Interview

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