There are many career options available right after passing class 12th. Here in this article, I am going to share with you the complete details about my Career in MBA Oil and Gas Management. The master’s degree courses have their own value in the market. After the Master’s degree course in any field one gets huge opportunities in the respected field and also get paid well in terms of salary, allowances and overall career growth etc. let’s see the complete details about the MBA Course and what are the career options available in this field etc.
There are many types of courses available in India that are career-oriented and known for providing better jobs after the completion of the course. The MBA is a reputed course and in order to pursue this, a candidate must be graduate in any manner from any government recognized Institute or University. Let’s see the details about this.
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What is MBA in Oil and Gas Management Course:
MBA in oil and gas management is a postgraduate degree course for 2 years, combining the talent of business administration at the side of the trade of oil and gas management, it’s a premium course degree that ensures adequate profits in terms of regular payment and exposure. This fuel-based mostly trade is consistently rising as demands for present fuels and their extraction is international and additionally required on a daily basis.
Master’s in Business Administration MBA in oil and gas management could be a budding field that provides an immense expanse of expertise and work opportunities. Oil and gas trade is one of the premium industries in Bharat and is sometimes prime-rated as resources associated with oil and gas management area unit used on a daily basis by every trade within the World. Oil and gas being the universal supply of fuel and energy, want|the necessity|the requirement to review this stream as a legitimate discipline is that the need of the hour. Oil and gas management needs a private to review the fundamental premise of formation, extraction, usage and conservation of this utmost valuable supply of energy and additionally, it will be used to its most potential.
|Full form||Masters of Business Administration in oil and gas management|
|Examination type||Offline and Semester wise|
|Admission process||Graduation and by qualifying CAT and CMAT|
|Eligibility||Graduation (engineering) or BSC degree with Physics chemistry and mathematics and a two-year work experience|
|Course fee||Rs 1-3 lakhs|
|Average salary||Rs 8-12 Lakhs|
|Top recruitment agencies||ONGC, Indian oil, Gail, Maersk Oil, Qatar gas, Reliance and Gasco, Halliburton energy services and Abu Dhabi national oil|
|Job positions||Managers and executives, an energy consultant and oilfield sales manager, oil and gas analysts and etc.|
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Eligibility Criteria and Admission Process:
In order to pursue any post-graduation program. One must be graduate from the related course that he/she is about to proceed further. Here are the complete details about the eligibility criteria required for admission in the MBA in Oil and Gas Management Course:
- A candidate must have done graduation in any manner from any government recognized Institute or University etc.
- There are also marking criteria that have been set by some reputed colleges.
- To get the best and reputed colleges for admission, One must have passed graduation with a minimum of 60% to get a better college for admission.
- There is no age barrier for admission. Students of all age groups are allowed admission to the course
- But, the age of the candidates must be as per the Indian Education Standard.
The Admission in the course varies from college to college. The marks criteria in graduation are demanded by a few colleges only. In order to get reputed colleges, One will have to appear for the entrance exam and the admission will be done on the basis of the marks scored in the entrance examinations.
Some colleges offer admission as per the marks scored in the graduation. This is done by most colleges for admission. For the master’s degree course, No, the college offers direct admission. So, the admission criteria vary as per the college. whichever college you select for admission, check the admission criteria of that particular college.
MBA Oil and Gas Management Syllabus:
The MBA course is two years long and each year is divided into 2 semesters. There are a total of four semesters in the course. The Syllabus of the course may vary as per the college and universities. But, It would be the same in an overall manner.
|Semester I||Semester II|
|Economics & Management Decisions||Human resource management|
|Financial management||Customer relations management|
|Marketing management||Project management and contract administration|
|Quantitative techniques to marketing management||Strategic management of technology and innovation|
|Operation and materials management||Research methodology|
|Semester III||Semester IV|
|Understanding oil and gas business||Business policy and strategy|
|Understanding natural gas business||Petroleum law and policy|
|Understanding petrochemical business||Petroleum retailing business|
|Fundamentals of petroleum refining||Dissertation|
|Fundamentals of petroleum exploration|
Top Colleges for MBA in India:
There is a number of colleges for the MBA (Master of Business Administration). Here is the list of the colleges that are best for the MBA in Oil and Gas Management Course. Well, the thinks knowledge here does not promote any college, All the names have been given just to share the knowledge with the students.
|Name of the college||Admission process||Annual Tuition fee|
|University of petroleum and energy studies Dehradun||Graduation with 50% and by qualifying UPESEAT||Rs 70000|
|Indian Institute of Business Studies Bangalore||Graduation with 50% and by qualifying CAT exam||Rs 7 Lakhs|
|Academy of Maritime Education and Training University Chennai||Graduation with 50% and by qualifying CAT||Rs 3 Lakhs|
|Great Lakes Institute Gurgaon||Graduation with 50% and by qualifying CAT||Rs 2,40000|
|New Delhi Institute of Management New Delhi||Graduation with 50% and by qualifying CAT||Rs 362500|
|Rajiv Gandhi Institute of Petroleum technology Rae Bareli||Graduation + CAT||Rs 200000|
|Sir Padampat Singhania University Udaipur||Graduation with 60% and CAT||Rs 200000|
A career in MBA Oil and Gas Management:
The MBA Graduates has the finest career opportunities after the completion of the course. Oil and gas management industries are often in need of skilled personnel for their operations, this industry is resource-oriented and ensures secure and attractive pay packages that range around Rs 8-10 lakhs. Preference is given to those who have already completed a minimum of two years of work experience in their respective fields.
As management courses are gaining more attention and momentum with every passing day, each trade is allocating new managerial posts every day and is in rummage around for people with the power of outstanding body qualities and to follow the sudden surge of business revolutions and new industries/ structural changes that area unit happening speedily within the current economic world. Master in Business in oil and gas management is slowly egression mutually of the foremost fashionable and necessary courses within the pool of accessible career choices. Right after the completion of the course, One can work in the following areas to get a job and start earning:
- Public and private sector companies
- National and multinational oil and gas production companies
- Oil and gas exploration companies
- Oil marketing
- Power distribution
- Energy/power infrastructure
- NGO’s working for energy efficiency and renewable energy
- Technical service providers
- Allied companies of petrochemical, dyes etc.
- Business advisory and consulting companies
- Tertiary sectors such as IT and insurance etc
- Bharat Petroleum
- Oil India Limited
- Indian Oil Corporation
- Essar Oil Limited
- Gas Authority of India
- Hindustan Oil Exploration Company Limited
- IBP Co. Limited
- Hindustan Petroleum Corporation
- Reliance Petroleum Limited
- Bongaigaon Refinery
- Lubricants India
- Kochi Refineries Limited
- India LPG
- Shiv-Vani Universal etc
There are some other courses available in this field as well but the necessity to pursue this degree arises from the very fact that this so could be a rare and valuable mineral that is of course created and is employed by a variety of industries for unnumerable operations. thus to stay a check on its formation extraction and victimisation it to its full potential has become necessary during this economic situation of India and of the globe.
FAQs For MBA Oil and Gas Management
The fees of course depend on college to college. On average, The fees per year can be somewhere between 1 lakhs to 4 lakhs depending upon the college.
No, But to get better and top reputed colleges, You will need to clear the CAT and on basis of the marks scored in CAT, you will get the college for admission.
The Salary depends on the sector you are working in but on average, you will get 8 to 10 lakhs per annum. The Salary will increase with your experience.