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:
Master of Business Administration in Oil and Gas Management
Graduate in any stream
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.|
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:
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:
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:
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.
|Oil & Gas Business||Project Management|
|Financial Management||Human Resource Management|
|Economics & Management Decisions||Petroleum Exploration|
|Natural Gas Business||Fuel Retailing|
|Marketing Management||Organizational Behaviour|
|Strategic Management||Petro Economics|
|Data Analytics||International Business|
|Strategic Management||Health, Safety & Environment|
|Petroleum Law & Policy||Petro Economics|
|Risk Management||Petroleum Financing|
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:
Oil and Gas Production Companies
Energy Consulting Companies
Petrochemical Businesses etc.
Given below are some of the job profiles available after MBA in Oil and Gas Management.
Oil and Gas Analyst
Energy Consultant etc.
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.
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.
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.
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.
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:
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