MBA in Oil and Gas Management

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.

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

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.

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.

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. 

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.

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. 

First Year

Second Year

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.