MBA (Oil & Gas Management)

MBA (Oil & Gas Management)

(1). About the Course

MBA in Oil and Gas Management will be offered in a full-time, 2-year study. This postgraduate degree, which lasts two years, integrates knowledge of business administration with the oil and gas management sector to guarantee respectable returns in terms of exposure and pay.

Oil and Gas Management is a specialized Management course that deals with Transportation, Infrastructure, Management, and Supply of the Oil and Gas Industry. Oil and Gas are major Energy Sources globally and their proper Management is not only a significant job but also an important responsibility. According to the Directorate General of Hydrocarbons India has only 18% of the area extensively explored for Oil and Gas origin.

The rest remains to be searched, this makes the Oil and Gas Sector a significant contributor to the economy of India. Oil and Gas Managers have a knowledge of Energy Management and an understanding of its importance in social, and political technological respects to national and international strategy and the ability to apply this knowledge to inform decision-making.

A master's in business administration with a focus on oil and gas management is a developing field that provides a wide range of chances for experience and employment. The course is focused on providing advanced knowledge in the field of oil and gas management with respect to risk analysis, operation, and financial management. MBA Oil and Gas Management course falls under the umbrella of an MBA Course.

Pursuing an Oil and Gas Management course will make you a learned person about all the business-related facets of this industry. The oil and gas management program range from one multidimensional topic to another - it covers all one can know about the laws on oil and gas operations, and energy policies that need to be renewed to adapt to the issues faced by our current environment and it also focuses on petroleum economic theories. For example - you can be well-versed with renewable energy sources, retailing of petroleum and its products, and rigorous yet methodical knowledge about the business aspect of the hydrocarbon value chain.

The oil and gas management course is for freshers and professionals who have already found a stable career in oil and gas management. Also, this course can be helpful to even those candidates who are seeking an opportunity to leave their previous profession and find their place in the sector of oil and gas management.

The requisite need for fuel has created a clamor in the oil, gas, and petroleum industry. It has been and is going through a complete revolution in India as well as abroad. Considering the rampant and ever-growing demand for fuel and energy management all around the globe, doing an oil and gas management course would be beneficial.

Course Highlights

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

Why Study MBA in Oil and Gas Management?

An MBA in oil and gas management is an evolving industry that is profitable and successful for those who are inclined to pursue this degree. The course is designed specifically keeping in mind the latest technology and knowledge that is needed by this sector to increase its efficiency and productivity and offer maximum industrial output. A Master’s in Business administration on oil and gas management ensures adequate monetary benefits coupled with this program ensures meticulous knowledge of formation and extraction techniques of oil and gas and also makes an individual aware of the distribution channels of this industry.

One of the most important aspects of this degree is ensuring high-quality recruitment by some of the most reputed institutions and organizations in India and Abroad. The main recruiting agencies are Indian Oil, Reliancepetrochemical, ONGC, and Gail as well as international companies such as Maersk oil and bourbon gulf as well as Qatar Gas, etc.

(2). Admission Process

Admission to the MBA in Oil and Gas Management postgraduate applications is primarily based totally on national/state/college degree control exams. Candidates can see both CAT (Common Admission Test), which is the maximum extensively used front examination utilized by commercial enterprise colleges in India for admission to MBA applications. Aside from that, extra admission assessments for hopefuls to pursue an MBA in Oil and Gas Management diploma consist of CMAT, MAT, NMAT, UPESMAT, GMAT, XAT, OPENMAT, and others.

After passing their admission exams, people can now practice online or offline at universities and colleges that provide MBA in Oil and Gas Management applications. After filling out the software shape and filing all of the essential files and educational records, applicants ought to seem in PI (non-public interview) and GD (organization discussion) for admission to show their very last credibility.

Types of MBA Oil and Gas Management Courses

Both full-time and part-time alternatives are to be had to aspirants for the direction. The numerous MBA Oil and Gas Management directions kinds are designated below:

(1). Distance MBA Oil and Gas Management

The distance MBA Oil and Gas Management application for two years is furnished in schools/establishments due to the fact a few schools can offer long-distance getting to know for any student. Therefore, distance MBA schooling is a first-rate opportunity in case you lack the time or the cash to pursue an MBA full-time.

(2). Full-Time MBA Oil and Gas Management

The MBA Oil and Gas Management application are for years and full-time. In this subject, sensible know-how trumps instructional understanding. The gain of a full-time path is that scholars can benefit a great deal from extra exposure, experience, and know-how thru near touch with different college students and teachers. MBA Oil and Gas Management is a four-semester full-time application.

(3). Part-Time MBA Oil and Gas Management

Students who are unable to attend regular classes should enroll in the part-time MBA Oil and Gas Management course. The program lasts for two years. The benefit of taking a part-time course is that students can do so while also working, going to school, etc. Some institutions offer part-time or distance learning MBA Oil and Gas Management programs.

Eligibility Criteria

The eligibility standards for an MBA in Oil and Gas Management diploma are similar to those for some other MBA applications. However, admission necessities range from one university to the next. The following are the overall qualifying necessities that applicants need to meet for you to pursue this MBA diploma:

(i). Candidates need to preserve a Bachelor's diploma in an associated subject of studies, together with a BBA in Oil and Gas Management, or equal certification from a diagnosed group or university.
(ii). Aside from that, aspirants for this application need to acquire a commencement grade factor common of at least 50% or an equal grade.
(iii). Students also are selected with the aid of using faculties and universities primarily based totally on their overall performance on front examinations (together with the CAT, CMAT, NMAT, MAT, XAT, UPESMET, GMAT, and others), non-public interviews, and organization discussions.

Admission Process

Admission into MBA in oil and gas management is needed through the subsequent criteria:

(i). By qualifying 10+2 with 50 percentile from a diagnosed board.
(ii). Graduation in Engineering or a BSC diploma with physics chemistry and arithmetic as important subjects.
(iii). Candidates who've obtained no less than two-12 months revel in are typically given preference.

One of the fundamental necessities for admission into this software is through qualifying for the doorway take a look at referred to as CAT and UPSEAT. These assessments are performed on a countrywide stage and provide direct admission to top-tier faculties for this diploma.

Accepted Entrance Exams

Some outstanding and illustrious institutes behavior separate front checks to confess college students who're interested in guidelines on the import and export of petroleum products, doing studies on petroleum or oil/fuel line distribution, and need to cowl the whole records to be had on pricing plus manufacturing of LNG. A few of these front assessments are referred to below:

Skills Required

Students, who desire to pursue publications in Oil & Gas, ought to own the subsequent skills:

Fee Structure

The MBA Oil and Gas Management rate isn't constant and relies upon many elements. Some of the elements which have an effect on the MBA Oil and Gas Management prices consist of location, faculty, demand, infrastructure, and the centers to be had to the students. The common MBA Oil and Gas Management path rate in India is around INR 3 - 20 LPA.

Selection Process

Based on their educational overall performance of their minimal cumulative rating of 50% of their Bachelor's from an authorized university, applicants are selected through the qualifying CAT and CMAT choice process. Students need to take the doorway to take a look at to be taken into consideration for choice primarily based totally on admission. Following that, candidates are eligible for the following spherical admission. Depending on the college, the subsequent admissions techniques change.

(3). Course Comparison

Each MBA software teaches the basics of business. These are a few actual Oil and Gas Management abilities that, blended with work-precise abilities primarily based totally on center capabilities and concentrations, will assist you to land a stable position. Below is a contrast of the MBA Oil and Gas Management route with the opposite methods.

MBA Oil and Gas Management v/s MBA Petroleum and Energy Management

The desk showcases the variations between MBA in Oil and Gas Management and MBA in Petroleum and Energy Management:

(4). Top Colleges

The pinnacle schools and universities that offer MBA in Oil and Gas Management in conjunction with the admission system and training rate are noted below:

Top City-smart MBA in Oil and Gas Management Colleges in India

India is domestic to a number of high-quality MBA Oil and Gas Management universities. Candidates have quite a few picks with regard to high-quality Oil and Gas Management education, relying on their preferences. Depending on the form of the Oil and Gas Management curriculum offered, applicants ought to pick wisely.

Below is the listing of the high-quality city-smart MBA Oil and Gas Management Colleges in India:

Top MBA Oil and Gas Management Government & Private Colleges

Several pinnacle Government Colleges are supplying great MBA Oil and Gas Management packages throughout the country. Check the desk under for the pinnacle MBA Oil and Gas Management Government & non-public schools in India:

(5). Job & placements

Job Profiles

This degree ensures exceptional career opportunities and benefits that are profitable in the long run. With the supply of valuable and skilled people fluent in the anatomy of this sector, it ensures quality standards and production of petrochemicals and Gas management which in turn produces more financial stability. The Options available are:

(i). This degree is highly recommended for those individuals who want to have a comprehensive experience in the energy and petrochemical industry.
(ii). This course also is lucrative in nature; it has immense learning possibilities with experience in many oil and gas agencies and organizations.
(iii). This particular course is a stable discipline and offers appealing salaries of incredible potential
(iv). Since the course is designed keeping in view the universal nature of the course it increases the prospects of getting a job abroad and especially in the Middle East which is famous for its oil refineries.
(v). MBA in oil and gas management is a very eccentric career discipline, in a hoard of plenty of MBA degrees being pursued; this discipline is a blend of fresh curriculum and an industry that is very stable and secure.
(vi). This course offers employment opportunities with the most prestigious organizations in India and abroad and offers a wider perspective in terms of money and experience
(vii). The recruitment agencies include sectors such as the shipping, and engineering industry as well as various consultancy organizations as some choices for the candidates to venture in.

Top Recruiters

If you, somehow, control to finish the MBA in gas and oil management, then make certain that your tough paintings will pay off at some stage in placements. Some pinnacle oil corporations lease specialists who keep an MBA degree. Hence, a number of the pinnacle recruiters from each India and overseas are indexed below:

Employment Areas

Some of the important things hiring regions of an MBA in Oil and Gas Management include:

Average Salary

Depending on the specialization that applicants choose, the pay for MBA Oil and Gas Management graduates varies. In addition to experience, geography, and the enterprise they paint in, MBA Oil and Gas Management salaries in India will also be stimulated with the aid of using numerous different variables.

Graduates can grow their MBA Oil and Gas Management earnings as they attain greater painting experience. Starting salaries for MBA Oil and Gas Management positions regularly vary from INR three to 30 LPA.

(6). Career/Scope

Candidates who're certainly interested in the oil and gas enterprise ought to do that direction. This direction will assure a lack of activity positions or professional possibilities inside the oil and gas enterprise which are:

Job Prospects

The petroleum and strength enterprise is certainly considered one of the biggest industries in the world. Energy is one of the fundamental necessities that contribute to the improvement of any u. s . and the call for strength sources which includes petroleum is excessive in each main or minor economic system across the world. Hence, an MBA in Oil and Gas Management direction isn't the handiest profession scope inside the home marketplace but additionally abroad.

In India, the strength enterprise sees a growing fashion with inside the call for, and now no longer handiest is the manufacturing ability of present strength sources being elevated however the equal time, new strength sources also are being researched to attend to the insatiable call for strength springing up from the households, offices, and industries of India.

This is an enterprise that guarantees infinite boom to gifted individuals. This is Oil and Gas Management is one of the famous specializations of MBA in India. There are amazing professional possibilities for MBA in Oil and Gas Management route because the route offers holistic information about the enterprise and makes graduates eligible to sign up for some of the extraordinary ratings of the strong enterprise.

Given underneath are a number of the task profiles to be had after an MBA in Oil and Gas Management.

(i). Energy Consultant etc.
(ii). Sales Manager
(iii). Maintenance Manager
(iv). Oil and Gas Analyst

Scope of MBA in oil & gas Management

An MBA in oil and gas control is a good route fee and holds gigantic possibilities in diverse sectors. They are stated below:

(i). The most important scope of this degree is to provide a stable job environment; this industry is an evolving industry with constant demand. Therefore this industry ensures job security and offers the best in this regard.
(ii). Oil and fuel line control as noted above are vital materials globally. Therefore this degree is accepted universally and offers exciting job offers to individuals seeking job stability Abroad. This degree is thorough and meticulous with current knowledge of extraction and distribution therefore candidates can get assurance for their quality job and expertise wherever they go.
(iii).  Oil and gas are naturally occurring substances and are crucial for humanity as they are essential fuels and their usage and consumption are eternal, hence the need to study and conserve these fuels is also increasing, and more and more skilled personnel are required to study and provide insight on this growing sector.
(iv).  Apart from working in a traditional oil and gas industry, a candidate can also apply in various Shipping Yards and industries as well as work as a consultant and analyst to contribute valuable insight on how these naturally occurring fuels can better our future and how they can be utilized to their full potential
(v). Oil and gas businesses together with Indian Oil and Maersk oil, in addition to Qatar fuel line and reliance, such putable firms offer high-quality jobs to ensure effectiveness and incentives as well as to keep their employees happy and content.
(vi). Candidates additionally may be employed thru Government operated organizations which consist of the transport industry and mining industries as well and climb up to significant managerial and executive posts.
(vii). Candidates also can paint as main educationists and instructors in prestigious schools in India and Abroad. The sharp growth of this particular sector has also contributed to an increase in demand for teachers and lecturers well versed in the key skills and knowledge of this subject to further impart education to the budding candidates interested in this field.
(viii). MBA in oil and gas management is not a limited area; it expands and consists of various opportunities in leading strategic firms and business programs. One can always be employed as a key figure conducting valuable research and analysis in increasing the productivity of the firm they are employed with.

Scope for Higher Education

Aspirants can pursue higher studies after obtaining MBA in Oil and Gas Management scope. Some of the top courses for higher studies in the field of Oil and Gas Management are as follows:

(i). Ph.D.
(ii). M.Phil

Skills that make you the Best MBA Oil and Gas Management Graduate

A graduate degree in Oil and Gas Management has different course requirements depending on the university and program you choose. Students that take Oil and Gas Management courses will also get expertise in that area. Some of the abilities that MBA Oil and Gas Management students should have:

(i). Communication skills
(ii). Quantitative Aptitude
(iii). Initiative
(iv). Attentive
(v). Interpersonal Skills

(7). FAQs

(1). What is an oil and gas management MBA? Is it worth it?

(2). What are the eligibility criteria for MBA in oil & gas management?

(3). What is the scope of this MBA degree?

(4). What is the list of entrance tests required to get admission in this course?

(5). What is the salary of an MBA oil and gas management graduate?

(6). Who are the Oil and Gas Managers?

(7). Which is the best university to pursue MBA in oil and gas management from?

(8). What are the specialization areas for students of MBA in Oil and Gas Management?

(9). What are some top recruiters after oil and gas courses?
Ans. Some top recruiters include Capgemini, Bosch, Nerolac, John Deere, etc

(10). What is the fee structure of an MBA in oil and gas management degree?

(11). How useful is an MBA in oil and gas management?

(12). What is the course of this degree?